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Monthly Archives: May 2009

There’s Still a Market for Ethanol (GPRE, VLO)

Posted: May 28, 2009 at 8:00 am

A (very) small cap ethanol producer, Green Plains Renewable Energy Inc. (NASDAQ: GPRE), has agreed to buy two ethanol plants formerly owned by now-bankrupt VeraSun Energy Corp. The owner of ...
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Jobless Line Pic

Jobless Army Approaches 7 Million

Posted: May 28, 2009 at 7:42 am

Weekly Jobless Claims just came out from the Labor Department and the most recent data shows a drop of 13,000 on a revised basis to 623,000.  The data from the ...
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Top Analyst Upgrades & Downgrades (ADSK, AVY, CAT, DFS, FEIC, BEN, JWN, PMTC, SLB, VECO)

Posted: May 28, 2009 at 6:35 am

These are some of the top pre-market analyst calls with upgrades and downgrades from Wall Street firms this Thursday morning with more than two hours until the market opens: AutoDesk  ...
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bear

Server Sales, A Proxy For IT Spending, Take A Hit (HPQ)(IBM)(DELL)(INTC)(AMD)

Posted: May 28, 2009 at 5:29 am

A drop in server sales is bad news for companies that build them including HP (HPQ), IBM (IBM), and Dell (DELL) and the firms that supply chips--AMD (AMD) and Intel ...
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bear

As Parts Company Visteon Goes Bankrupt, Car Industry Faces Another Challenge

Posted: May 28, 2009 at 5:06 am

Car parts maker Visteon is is going into Chapter 11 and if a number of its peers follow it, there is a chance that the supply of components to US ...
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Winter

Google (GOOG) Deal Will Hurt News Corp (NWS) Earnings

Posted: May 28, 2009 at 4:55 am

Google (GOOG) has a three-year deal to sell search advertising on News Corp's (NWS) huge social network MySpace. The arrangement will soon be up for renewal. Google did not get ...
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Water lilies

Federal Reserve To Undercut Bank Stress Tests

Posted: May 28, 2009 at 4:45 am

Now that the bank stress tests are over the firms that were examined and found to need more capital have been able to go about the business of raising it. Part ...
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bear

One Bank Regulator For One Mess

Posted: May 28, 2009 at 4:31 am

The federal government is considering having one regulator to oversee the entire banking system. The mess in the industry is so great that the idea of consolidating the power to ...
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bank

The United States Debt: Safer Than Fort Knox

Posted: May 28, 2009 at 4:18 am

No one should have to tell the US government that it has the highest possible credit rating. It is the government of the world’s largest economy, the world’s most voracious ...
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oil

Another Hundred Years Of A World Fueled By Oil

Posted: May 28, 2009 at 4:12 am

The head of Exxon Mobil (XOM), which from time to time is the most profitable and most valuable company in the world, told people attending the firm’s annual meeting that ...
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newspaper

Media Digest 5/28/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 28, 2009 at 2:58 am

Reuters:   Central bankers in the US and Europe are battling deflation and inflation simultaneously. Reuters:   GM (GM) is close to bankruptcy but the fate of Opel is still open. Reuters:   ...
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Sunset

Asia Markets And Europe Open 5/28/2009

Posted: May 28, 2009 at 2:25 am

Markets in Asia were mostly higher with China closed. The Nikkei rose .1% to 8,451. At the open in Europe, the FTSE was down .7%. The Dax was off 1.2% ...
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bear

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 LOGO

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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