Quantcast

Daily Archives: May 21, 2009

Obama Image

Cramer Outlines The Obama Target List (COF, ACI, MEE, X, SO)

Tonight on CNBC's MAD MONEY, Jim Cramer came out with several sectors that he thinks that President Obama will be trying to change, and noted Nancy Pelosi is in the ...
Read Full Story »
AIG Logo

Only One Man Can Replace Liddy At AIG (AIG)

American International Group, Inc. (NYSE: AIG) has announced that Chairman and CEO Ed Liddy will be stepping down.  He is actually waiting for the board of directors to conclude a ...
Read Full Story »
Gap Logo

Gap’s Old Navy Carnage May Be Finally Abating (GPS)

Gap Inc. (NYSE: GPS) may be seeing some cheer despite another round of lower earnings and revenues.  The clothing and apparel retailer posted earnings of $0.31 EPS, or $215 million.  ...
Read Full Story »
Burning Money Pic

Did Bill Gross Short Sell Stocks & Bonds Via U.S. “AAA” Rating Comments?

The S&P Credit rating change of "negative" from "Stable" for  The United Kingdom may not matter to most Americans, but the implications are there for the United States.  England losing ...
Read Full Story »

For Some Stimulus Contractors, a Blemished Past

by Michael Grabell and David Epstein, ProPublica One company paid nearly $1 million for destroying seagrass in the Florida Keys marine sanctuary. Another settled a discrimination case after federal investigators ...
Read Full Story »
Money Stack Image

OpenTable Strength Clears Way For More IPO’s (OPEN)

OpenTable, Inc. (NASDAQ: OPEN) has just opened around $25.00 on its initial public offering.  The online restaurant reservations system priced its 3 million share IPO at $20.00 per share, which ...
Read Full Story »
Solar Panel Pic

LDK Disclosing More Write-downs and Provisions (LDK)

LDK Solar Co.Ltd. (NYSE: LDK) has announced plans to file its 2008 report with the SEC tomorrow.  As many have become used to with LDK, there is some negative news ...
Read Full Story »
Money Stack Image

Tessera Tech Gets on the Map (TSRA, QCOM, MOT, AMD)

Tessera Technologies, Inc. (NASDAQ: TSRA) is not one of the most common names in the land of chip stocks, but that may be about to change as it won a ...
Read Full Story »
Money Stack Image

NetApp Averts Possible Takeover For Now By Acquiring Data Domain (NTAP, DDUP)

NetApp, Inc. (NASDAQ: NTAP) has long been considered a potential takeover target by many traders and investors.  Yet this morning the company announced that it was a making a play ...
Read Full Story »
Money Stack Image

Changes May Come to Rio Tinto’s Chinalco Deal (RTP, BHP)

The deal between China's government-owned aluminum company, Chinalco, and Rio Tinto plc (NYSE: RTP), in which Rio gets $19.5 billion and Chinalco gets a larger stake in Rio may be ...
Read Full Story »
Jobless Line Pic

Jobs Data Continues Bataan March Toward 10% Unemployment

The Labor Department has released some mixed data on weekly jobless claims.  The figures show a level of 631,000.  This sounds better on the surface as Bloomberg had estimates pegged ...
Read Full Story »
Solar Panel Pic

Suntech Power Raising Cash After Earnings (STP)

Suntech Power Holdings Co. Ltd. (NYSE: STP) is seeing shares take a hit this morning after the solar player filed to raise capital afterissuing earnings.  The company's profit slid to ...
Read Full Story »

Top Analyst Upgrades (CSIQ, EXPE, FCX, JNPR, K, LNC, OWW, TLEO, THS)

These are some of the top analyst upgrades and positive research calls which we have seen from Wall Street early this Thursday morning: Canadian Solar (CSIQ) Raised to Outperform at ...
Read Full Story »
bank

The Trend Toward US Businesses Offering $1 Products Accelerates

It has begun to dawn on more and more large companies that high-priced goods are costing them sales during the recession. Maybe the only way for them to hold onto ...
Read Full Story »
bear

The China Miracle May Be About To Stall

The recovery of the Chinese economy always sounded too good to be true. Granted, the central government put $585 billion into helping bolster GDP. But, exports and manufacturing cannot do ...
Read Full Story »