Quantcast

Daily Archives: August 19, 2009

PetSmart Logo

PetSmart Gives Earnings Dogfight (PETM)

Posted: August 19, 2009 at 5:05 pm

PetSmart Inc. (NASDAQ: PETM) is getting shelled in after-hours trading after the large pet products retail giant posted disappointing earnings and guidance.  It turns out that spending on Fido ...
Read Full Story »
NTAP Logo

NetApp CEO Replacement Trumps Earnings (NTAP)

Posted: August 19, 2009 at 4:17 pm

NetApp, Inc. (NASDAQ: NTAP) just gave its earnings for its first quarter of Fiscal-2010, and it is a mixed bag.  The storage and data management company said that non-GAAP earnings ...
Read Full Story »

MySpace Gobbles iLike for Music (NWS, TKTM)

Posted: August 19, 2009 at 3:44 pm

News Corp. (NASDAQ: NWS), via the MySpace unit, has announced that it is acquiring a social music discovery service called iLike.  Financial terms were not disclosed, but iLike's co-founders and ...
Read Full Story »
24/7 WallSt TV

24/7 Wall St. TV: Video Game Players Are Old And Fat

Posted: August 19, 2009 at 1:57 pm

In the not too distant future, video games may have health warning labels like the ones found on Marlboros and Jim Beam. New research performed by the Centers for Disease ...
Read Full Story »
biotech

Mylan’s (MYL) Deeply Flawed Legal And PR Move

Posted: August 19, 2009 at 11:40 am

Robert Coury, the CEO of Mylan (MYL), his general counsel, and public affairs staff don't know how to quit when they are ahead. The company objected to a story in ...
Read Full Story »
money-stack-image

Brookfield Goes Deeper Into Turnaround & DIP Funds (BAM, SLF, CM, BPO)

Posted: August 19, 2009 at 10:30 am

Brookfield Asset Management (NYSE: BAM) and the Export Development Canada have announced the establishment of a C$1 billion fund with the backing of the "EDC" to provide debtor-in-possession loans, or ...
Read Full Story »
money-stack-image

More Official Warnings on Leveraged ETFs (FAS, FAZ, UYG, SKF, SDS, SSO)

Posted: August 19, 2009 at 9:49 am

The Financial Industry Regulatory Authority and the Securities and Exchange Commission decided to issue an Investor Alert yesterday called "Leveraged and Inverse ETFs: Specialized Products with Extra Risks for Buy-and-Hold ...
Read Full Story »

Top Day Trader Alerts (BBT, AA, CENX, GENT, ENS, HPQ, CERS, AAPL)

Posted: August 19, 2009 at 9:05 am

These are this Wednesday’s top day trader and active stock alerts.  We have more detailed data on volume and price analysis with links through to VSInvestor.com on each stock: BB&T ...
Read Full Story »

Top 10 Analyst Upgrades & Downgrades (ANF, AA, ANN, ASMI, KLIC, MDAS, MSFT, BPOP, TGT, DIS)

Posted: August 19, 2009 at 7:53 am

These are Wednesday's top ten analyst research summary upgrades, downgrades, and initiations from Wall Street brokerage firms: Abercrombie & Fitch (NYSE: ANF) Cut to Neutral at Susquehanna. Alcoa (NYSE:AA) Cut ...
Read Full Story »
aig-logo

New CEO May Keep AIG Together… Or Not Dump Units on the Cheap (AIG, MET)

Posted: August 19, 2009 at 7:05 am

Robert Benmosche has already come under a bit of fire for his pay package as the new head of troubled insurance giant American International Group, Inc. (NYSE: AIG).  But critics ...
Read Full Story »
WMT

Ever Optimistic And Opportunistic, Wal-Mart (WMT) Chases The Affluent

Posted: August 19, 2009 at 6:00 am

Wal-Mart (WMT) does not care if it has been burned by its past efforts to try to get affluent shoppers. The world's largest retailer has been known for years as ...
Read Full Story »
china

Searching For Reasons For China’s New Bear Market

Posted: August 19, 2009 at 5:47 am

The economy in China is allegedly getting better, but the stock market is getting much worse. It is now down 20% from its 2009 peak which, based on the Wall ...
Read Full Story »
bear

Buffett: Economy May Mend, But Inflation Will Wound

Posted: August 19, 2009 at 5:06 am

Warren Buffett wrote an op ed piece for The New York Times. One part of the article was predictable. Buffett feels that rising government borrowing will eventually cause inflation. He ...
Read Full Story »
newspaper

Media Digest 8/19/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: August 19, 2009 at 4:00 am

Reuters:   HP (HP) issued optimistic guidance. Reuters:   China is investing in the private housing sector. Reuters:   Buffett says the US is on a slow path to recovery. Reuters:   US regulators ...
Read Full Story »
china

Asia Markets And Europe Open 8/19/2009

Posted: August 19, 2009 at 3:25 am

Markets in Asia fell. The Nikkei was down .8% to 10,204. Sanyo rose on news Toyota (TM) would buy batteries from the company. The Hang Seng fell 1.9% to 19,924. ...
Read Full Story »