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Monthly Archives: May 2009

bear11

SEC’s Salvo In The New War Against Insider Trading & Credit Default Swaps (DBK, KKR, BX)

Posted: May 6, 2009 at 3:42 am

Insider trading has a new face. Credit default swaps, long one of the least understood and least regulated sets of financial instruments can be used for insider trading in a ...
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newspaper9

Media Digest 5/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 6, 2009 at 2:55 am

According to Reuters, Bank of America (BAC) will have to raise billions of dollars. Reuters reports that a judge has approved a quick auction of Chrysler assets over the objections ...
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sunset5

Asia Markets And Europe Open 5/6/2009

Posted: May 6, 2009 at 2:23 am

Markets in Japan were closed for a holiday. The Hang Seng was up 1% to 16,590. The Shanghai Composite rose 1% to 2,593. At the open in Europe, the FTSE ...
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Cramer Calls Brocade His #2 Speculative Tech Stock (BRCD, IBM, TKLC)

Posted: May 5, 2009 at 6:18 pm

Jim Cramer came back on CNBC's MAD MONEY with a "Part 2" of his basket of 5 speculative technology stocks for investors.  The second pick named Tuesday was Brocade Communications ...
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Pepsi’s Dividend Hike Signals Twist in Bottling Mergers (PEP, PBG, PAS)

Posted: May 5, 2009 at 6:05 pm

Pepsico, Inc. (NYSE: PEP) has just come out and announced it was going to hike its dividend by some 6%.  The $1.70 annualized dividend will now be $1.80 on an ...
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Dow Shoring Up Capital (DOW)

Posted: May 5, 2009 at 3:42 pm

The Dow Chemical Company (NYSE: DOW) has commenced a public offering of common stock to shore up its balance sheet after closing its recent huge merger (acquisition) with Rohm & ...
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Speculative Swine Flu Stocks Make Last Stand (NVAX, GNBT, BCRX, PURE, VICL, VIVO, AVII)

Posted: May 5, 2009 at 3:12 pm

It looks like everyone has figured out that swine flu was more of a media pandemic rather than a disease or viral pandemic.  Had this been November as flu season ...
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crocs

Is Crocs Becoming The New Bull Market Proxy? (CROX)

Posted: May 5, 2009 at 11:09 am

It is true that the most speculative or most battered stocks often rise the most during the initial turnaround and recovery, and to call the latest rally since the March ...
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fed

Bernanke: Things Will Get Better, Or They Won’t

Posted: May 5, 2009 at 10:51 am

Ben Bernanke told Congress that the recession may be over by the end of the year, at least as it is measured by GDP. Unemployment will be troubling for a ...
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Rebel Yelp

Posted: May 5, 2009 at 10:00 am

The replacement for newspapers isn’t Craigslist; it’s local social media. By Paul Smalera of The Big Money Much has been made of Craigslist rising up to destroy newspapers' classified-listings business, ...
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Less Power from the Generators (DUK, CEG)

Posted: May 5, 2009 at 8:45 am

Duke Energy Corp. (NYSE:DUK) reported first quarter 2009 diluted EPS of $0.27, down from $0.37 in the year-ago period. Adjusted diluted EPS came in at $0.28, compared with $0.35 a ...
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bear9

ADM Misses on Big Charges (ADM)

Posted: May 5, 2009 at 8:19 am

Agricultural giant Archer Daniels Midland Company (NYSE:ADM) reporated earnings of a paltry $8 million (EPS of $0.01) on sales of $14.8 billion for its 2009 third quarter which ended ...
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oil

New ETN to Track MLPs (JPM, ALJ, KMP, EPD, PAA)

Posted: May 5, 2009 at 8:12 am

JPMorgan Chase & Co. (NYSE:JPM) has created a new exchange traded note based on "the portfolio of midstream energy [MLPs] underlying the Alerian MLP Index." The new structured investment ...
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The Myths About a Return to the Gold Standard

Posted: May 5, 2009 at 8:08 am

By John Tamny of RealClearMarkets "...it is not necessary that paper money should be payable in specie to secure its value; it is only necessary that its quantity should be ...
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water-lilies1

Is Apple (AAPL) Trying To Buy Twitter?

Posted: May 5, 2009 at 6:41 am

Rumor of the day. Gawker is reporting that Apple (AAPL) is in advanced negotiations to buy social texting company Twitter for $700 million and would like to close by early ...
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