Quantcast

Monthly Archives: July 2009

china

Asia Markets And Europe Open 7/31/2009

Posted: July 31, 2009 at 3:23 am

Markets in Asia were mostly higher. The Nikkei rose 1.9% to 10,367. Sony (SNE) moved up on earnings. The Hang Seng rose 1.6% to 20,551. The Shanghai Composite was up ...
Read Full Story »
Money Stack Image

Wynn vs. Las Vegas Sands, A Tale of Two Casinos (WYNN, LVS)

Posted: July 30, 2009 at 5:01 pm

Today we had earnings from casino rivals Wynn Resorts Ltd. (NASDAQ: WYNN) and Las Vegas Sands Corp. (NYSE: LVS).  While many consider these companies very similar for having higher-end operations ...
Read Full Story »
Rosetta Stone Logo

Rosetta Stone Proves Its Worth (RST)

Posted: July 30, 2009 at 4:29 pm

Rosetta Stone, Inc. (NYSE: RST) just gave us its first earnings report that had a full quarter's worth public data in it.  The language learning software solution provider did not ...
Read Full Story »
Solar Panel Pic

First Solar Kills Estimates, But Mute on Guidance (FSLR, TAN)

Posted: July 30, 2009 at 4:14 pm

First Solar, Inc. (Nasdaq: FSLR) has just given its earnings report.  The solar leader in the U.S. reported its revenues were $525.9 million.  While this is up from $418.2 million ...
Read Full Story »
Broken Money Merger Image

Nortel’s Existence Extended (NRTLQ)

Posted: July 30, 2009 at 4:00 pm

Nortel Networks Corporation (OTCBB: NRTLQ) is still alive.  Sort of.  The bankrupt telecom and communications networking equipment provider has announced that the company, its Nortel Networks Limited, and the other ...
Read Full Story »
WMT

Fighting Swine Flu The Wal-Mart Way (WMT, AZN, GSK, NOVN, SNY)

Posted: July 30, 2009 at 3:28 pm

You can just see the TV advertisements now... Wal-Mart and Uncle Sam are "rolling back" swine flu. The retailer is in talks with federal officials about possibly putting vaccination ...
Read Full Story »
SandP 1000 Chart

When The S&P Closes Over 1,000 (SPY)

Posted: July 30, 2009 at 11:44 am

Everyone has figured out that the Dow Jones Industrial Average is a more difficult yardstick for the overall stock market because its price-weighted rather than market-weighted.  But the S&P 500 ...
Read Full Story »
money-stack-image

Too Much Credit For Big Tech Analyst Call (ATVI, AMZN, ERTS, IACI, GOOG, EBAY, NFLX, VCLK, YHOO)

Posted: July 30, 2009 at 11:05 am

UBS made some key analyst initiations in the Internet and entertainment sector this morning.  As this is new coverage, they are not upgrades on a technical level.  These "Buy" ratings ...
Read Full Story »
24/7 WallSt TV

24/7 Wall St. TV: Yahoo!-Microsoft Deal Lacks A Boss

Posted: July 30, 2009 at 10:13 am

Investors found a lot wrong with the deal in the search engine industry between Microsoft (MSFT) and Yahoo! (YHOO) The smaller company’s stock dropped 12% and analysts felt that it ...
Read Full Story »

Why Investors Should Ignore GDP

Posted: July 30, 2009 at 9:25 am

By John Tamny The great Canadian economist Reuven Brenner has likened macroeconomic calculations to dangerous mythmaking that sustains "the illusion that prosperity is necessarily linked with territory, national units, and ...
Read Full Story »

Top Day Trader Alerts (SYMC, AKAM, XOM, VRNM, ARIA, AXL, TRMA)

Posted: July 30, 2009 at 8:58 am

These are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity. There are links through to more detailed coverage and volume ...
Read Full Story »
money-stack-image

Two IPO’s Hit: Globe Specialty Metals & PennyMac (GSM,PMT)

Posted: July 30, 2009 at 8:51 am

We have two IPO's today, which sort of got lost in the earnings season shuffle.  Despite the recent market strength and the performance of recent IPO's, both of these have ...
Read Full Story »
jobless-line-pic2

Weekly Jobless Claims Creep Back Up Toward 600K

Posted: July 30, 2009 at 8:48 am

We just got the Labor Departments read on the weekly jobless claims,and that figure came in at a gain of 25,000 to 584,000 on a seasonally adjusted basis.  Bloomberg listed ...
Read Full Story »

Analyst Upgrades & Downgrades in Tech & Telecom (AKAM, DRIV, IFX, LEAP, PCS, NETL, SAP, TEL)

Posted: July 30, 2009 at 8:12 am

These are the top upgrades, downgrades, and new coverage calls from Wall Street analysts in technology and telecom this Thursday morning: Akamai Technologies (NASDAQ: AKAM) Cut to Hold at Jefferies; ...
Read Full Story »
money-stack-image

Goldman Sachs Raises GE… on Barney Frank (GE)

Posted: July 30, 2009 at 7:30 am

It seems that the sudden relief of political and regulatory pressure against General Electric Co. (NYSE: GE) caught more than just our eyes after the close yesterday.  The conglomerate and ...
Read Full Story »