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Daily Archives: May 27, 2009

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Short Sellers Flee Tech Stocks (MSFT)(CSCO)(ORCL)(JNPR)

Posted: May 27, 2009 at 6:56 pm

The sharp rally in technology stocks over the past two weeks has pushed short sellers out of the market. The short interest in Microsoft (MFST) fell 29% in the period ...
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SIRIUS XM Gets Closer To Reverse Stock Split (SIRI)

Posted: May 27, 2009 at 3:29 pm

In most years, shareholder meetings are not full of much change.  This year has been very different in that manner, and SIRIUS XM Radio Inc. (NASDAQ: SIRI) just sealed its ...
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Full 2009 ASCO Cancer & Oncology Primer (ABII, AEZS, ALTH, AMGN, APPA, ARQL, BMY, CLDX, CELG, CTIC, CGRB, LLY, EXEL, GHDX, GSK, IMGN, MEDX, MDVN, MITI, OGXI, OSIP, PPHM, PFE, ROSG, SNTA, TRBN, ZIOP, ZGEN)

Posted: May 27, 2009 at 1:34 pm

We have compiled an updated lengthy 2009 American Society of Clinical Oncology, or ASCO, document showing many company cancer data presentations slated to start this weekend.   This is broken down ...
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DJIA Component Replacement Candidates for GM (GM, F, CSCO, ORCL, GOOG, AAPL, CL, HON, PEP, TGT, MDT, ABT, GS, BRK-A)

Posted: May 27, 2009 at 11:05 am

The bets are on that General Motors Corp. (NYSE: GM) is done as far as the current stock is concerned.  While it seems that the equity holders of today will ...
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China Seeks Even Cheaper Iron Ore (RTP, CLF)

Posted: May 27, 2009 at 8:58 am

The deal between Rio Tinto plc (NYSE: RTP) and Japan's Nippon Steel that cut the Japanese company's iron ore price by a third does not appear to be acceptable to ...
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Advanced Battery Tech, Conservative Projections (ABAT)

Posted: May 27, 2009 at 8:49 am

Advanced Battery Technologies, Inc. (NASDAQ: ABAT) has offered up 3-year projections for the recently acquired Wuxi ZhongQiang Autocycle CO., Ltd., which currently has four production lines in operation with production ...
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Turning To The Mafia For Money During The Recession

Posted: May 27, 2009 at 8:30 am

The Treasury has probably made a horrible mistake by not turning to the Mafia for cash during the current financial crisis. The Mob has billions of dollars looking for a ...
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Solar Panel Pic

Evergreen Kicks Out New Marketing Effort, Sort Of (ESLR)

Posted: May 27, 2009 at 8:27 am

While waiting for its 37 million share secondary offering to close, Evergreen Solar Inc. (NASDAQ: ESLR) will introduce a new branding campaign. The theme is "More Electricity, Less Impact." (more...) ...
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More Losses in the Chinese Solar Space (CSUN, CSIQ, YGE)

Posted: May 27, 2009 at 8:08 am

Another Chinese maker of PV solar cells, China Sunergy Co., Ltd. (NASDAQ:CSUN), has reported a loss for the first quarter of 2009. The company's net loss per diluted ADS came ...
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Shell Game (RDS-A, RDS-B, XOM)

Posted: May 27, 2009 at 7:59 am

The big news this morning is a restructuring at Royal Dutch Shell plc (NYSE:RDS.A) as the oil major welcomes a new chief executive on July 1st. The company is dividing ...
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Bank of America’s Current Capital Raising Status (BAC)

Posted: May 27, 2009 at 7:47 am

Bank of America Corporation (NYSE: BAC) has just issued an update on its capital raising to date.  The banking giant has raised almost $26 billion and said it is "well ...
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As GM (GM) Prepares For Bankruptcy, “The Detroit Century” Draws To A Close

Posted: May 27, 2009 at 7:11 am

GM's (GM) creditors have rejected a program that would have swapped most of the auto company's debt for equity, effectively driving the firm into Chapter 11. The century that began with the mass ...
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Top Analyst Downgrades (BMO, BIG, BMR, CTXS, HMY, MRO, ODP)

Posted: May 27, 2009 at 7:03 am

These are some of the top pre-market analyst downgrades and negative research calls we have seen from Wall Street firms early this Wednesday morning: Bank of Montreal (BMO) Cut to ...
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Top Analyst Upgrades (BBBY, MAPP, ISLE, OMX, PCZ, RF, SPLS, SYMC)

Posted: May 27, 2009 at 6:58 am

These are the top pre-market analyst upgrades and positive research calls we have seen from Wall Street firms this Wednesday morning: Bed Bath & Beyond (BBBY) Started as Outperform at ...
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Winter

Nintendo Changes Course (MSFT)(SNE)

Posted: May 27, 2009 at 5:26 am

Nintendo's strategy with its immensely popular Wii has been to market a simple game console that is easy to operate and appeal to a broad set of consumers. It has largely ...
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