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Daily Archives: July 1, 2009

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Does Petrobras Need More Capital? (PBR)

Posted: July 1, 2009 at 3:30 pm

Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, raised $1 billion in a new note offering this morning for its Petrobras International Finance Co.  Or did it?  We originally had this ...
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bear

A Gross Exagerration of Future Deflation

Posted: July 1, 2009 at 2:41 pm

Pimco's Bill Gross on Wednesday released yet another self-serving, but intelligently written diatribe that suggests personal consumption may be constrained for a generation, and all asset classes other than ...
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Rite Aid’s Turnaround Looking More Likely (RAD)

Posted: July 1, 2009 at 2:10 pm

Rite Aid Corporation (NYSE: RAD) may have just made the last or one of the last announcements that saved the reputation as far as it being a stock that investors ...
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OMG

Yahoo! (YHOO) Entertertainment Site Hammers Competition, TMZ.com Should Pass

Posted: July 1, 2009 at 1:54 pm

Yahoo!'s (YHOO) OMG! entertainment site was the most visited destination in the category in May, at least according to comScore, and the competition was not even close.  June numbers could change considerably ...
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ford

Car Sales: Ford (F) Rules June

Posted: July 1, 2009 at 1:18 pm

Ford's (F) June sales were down "only" 11% to 154,873. That means, based on drops in volume at other large manufacturers, that Ford picked up market share during the month. ...
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Karmazin Contract Extended, With Raise and Massive Options (SIRI)

Posted: July 1, 2009 at 12:29 pm

SIRIUS XM Radio Inc. (NASDAQ: SIRI) has extended its contract with CEO Mel Karmazin.  Today, June 30, 2009, the company entered into an amendment to the amended employment agreement, dated ...
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4th of July Gift: Oshkosh Wins At Expense of Others (OSK, NAV, FRPT, GD)

Posted: July 1, 2009 at 11:23 am

Oshkosh Corp. (NYSE: OSK) shares are rising strongly today while most of its peers are falling, after the company won a massive government contract that market participants are seeing as ...
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Crude Inventories Mixed For Holiday Weekend Demand (USO, OIL)

Posted: July 1, 2009 at 9:38 am

The weekly oil inventories data came out of the U.S. Department of Energy at 10:30 AM EST this morning.  Crude Oil was already much higher on worries that draw-downs were ...
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ISM, Construction, and Home Sales… Pulling In Opposition

Posted: July 1, 2009 at 9:13 am

Any time you have three economic reports hitting at once, you have a risk for confusion or for diverging data.  That is the case today as the Institute for Supply ...
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Novel ETF Launch: Islamic Investment Strategy (JVS)

Posted: July 1, 2009 at 8:58 am

If you said that there are exchange-traded funds for just about everything, that statement is getting closer and closer to accurate than ever.  A new ETF in America is being ...
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Day Trader Alerts (IMMR, DROOY, GOLD, AU, AUY, SPPI, AMAG, UBS, CS, OSK, FRPT, NAV, MYGN)

Posted: July 1, 2009 at 8:35 am

We have provided links through on our day trading alerts page this morning.  Each stock is seeing active trading right before the open and brief explanations and analysis are offered ...
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Dividend Surprise At MFA (MFA)

Posted: July 1, 2009 at 8:09 am

MFA Financial, Inc. (NYSE: MFA) is a surprise on the dividend front this morning. The company is a REIT that invests in mortgage-backed securities, and while that sounds as though ...
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balllmer

More Data That Microsoft (MSFT) Bing Is Gaining On Yahoo! (YHOO)

Posted: July 1, 2009 at 7:48 am

Data from web research firm StatCounter confirms what other surveys have shown--Microsoft's (MSFT) new search engine Bing is gaining ground on Yahoo! which will undermine that portal's turnaround effort. For ...
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LDK Solar Chalks Up A Win In Italy (LDK)

Posted: July 1, 2009 at 7:44 am

LDK Solar Co., Ltd. (NYSE: LDK) has signed a new agreement with SAEM Srl, a primary system integrator within the PV sector, to build five one-megawatt PV plants in the ...
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ADP Fails To Cure Unemployment Fears

Posted: July 1, 2009 at 7:23 am

The ADP national employment report for June is often considered a prelude to the tone of the following day's real unemployment report from the Labor Department.  The ADP report for ...
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