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Monthly Archives: August 2009

Ann

The E-Commerce Savior Leaves Town

Posted: August 11, 2009 at 5:12 am

Costco's (COST) same-store sales fell 7% last month. The firm was lucky. Abercrombie & Fitch’s (ANF) numbers were down 38%. Saks (SKS) plunged by 16.3% and Neiman Marcus fell 27.3%. ...
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uncle sam

Faced With The Obvious, The Fed Will Do Nothing

Posted: August 11, 2009 at 5:02 am

The Fed is expected to do nearly nothing as its members meet during the middle of this week. That nothing is in the face of what is now almost certainly ...
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newspaper

Media Digest 8/11/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: August 11, 2009 at 4:08 am

Reuters:   The Congressional Oversight Panel said the Treasury should do more to get toxic assets off bank balance sheets. Reuters:   A federal judge still refuses to sign off on an ...
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china

Asia Markets And Europe Open 8/11/2009

Posted: August 11, 2009 at 3:30 am

Markets in Asia rose modestly. The Nikkei was higher by .6% to 10,586. Honda (HMC) was flat after rising for several days. The Hang Seng was up by .1% to ...
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money-stack-image

Rosetta Stone Holders Unloading Stock (RST)

Posted: August 10, 2009 at 5:27 pm

Rosetta Stone Inc. (NYSE: RST) has just filed with the SEC for a public offering of common stock.  The language learning software leader filed to sell some 4,697,750 shares, which ...
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Genzyme Taking Aim At Resolution (GENZ)

Posted: August 10, 2009 at 4:59 pm

Genzyme Corp. (NASDAQ: GENZ) has taken steps to remedy its situation with the FDA and to remedy its image.  Genzyme issued some new guidance with an investor update and said ...
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24/7 WallSt TV

24/7 Wall St. TV: Raising The $12.1 Trillion Debt Limit

Posted: August 10, 2009 at 4:10 pm

The Administration has a bit of a problem. The cap on the national debt, which must be approved by  Congress, is $12.1 trillion. The Treasury is borrowing money so fast ...
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apple

The Successful Models For Selling Apps At The Apple (AAPL) App Store

Posted: August 10, 2009 at 3:54 pm

The Apple (AAPL) App Store, with over 1.5 billion application downloads, has become a tremendous market where software developers can sell their products.  Individuals or corporations must register with Apple ...
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Dendreon Gives Quarterly Report & Provenge Updates (DNDN)

Posted: August 10, 2009 at 1:29 pm

Dendreon Corp. (NASDAQ: DNDN) has its quarterly results out, although it is via SEC Filing rather than via a press release.  We had this on deck for a report this ...
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Nortel Finally Free of CEO (NRTLQ, FLEX)

Posted: August 10, 2009 at 12:27 pm

Nortel Networks Corp. (NRTLQ) is just about done.  This morning came the final announcement which we have been expecting for longer than imaginable.  We named CEO Mike Zafirovski as one ...
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Biotech Image

The War On Diabetes Heats Up (NVO, AMLN, LLY, MNKD, PFE, VVUS, BMY, AZN, ARNA, GERN, STEM, OREX, GNBT, SPEX, ORMP, HDIX, PODD)

Posted: August 10, 2009 at 10:56 am

Diabetes is becoming an epidemic in the U.S. and the Western World.  The ties to obesity are often direct, so the potential treatments are often directly tied as well.  We ...
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What Movies and Cigarettes Tell Us About the Laffer Curve

Posted: August 10, 2009 at 9:47 am

John Tamny of RealClearMarkets The great economist Arthur Laffer long ago observed that high rates of taxation don't always correlate with high levels of government revenue. If the tax--or price--put ...
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Top Day Trader Alerts (FRE, FNM, PCLN, RIMM, LLY, MCD, TRW, YRCW)

Posted: August 10, 2009 at 9:11 am

These are this Monday's top day trader and active trader alert stocks.  More detailed price and volume data is provided via a link to each story at VSInvestor.com: Freddie Mac ...
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Analysts Assign LogMeIn Coverage As Quiet Period Ends (LOGM)

Posted: August 10, 2009 at 8:17 am

LogMeIn, Inc. (NASDAQ: LOGM) has only been public since July 1.  While the market has done well, this stock has actually come off by about 10% from its IPO post-closing ...
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Top 10 Analyst Upgrades & Downgrades (BT, ELY, CBS, CTXS, DUK, INFY, LINTA, NZ, RIMM, VMW)

Posted: August 10, 2009 at 8:08 am

These are the top ten brokerage firm analyst upgrades and downgrades we have seen from Wall Street early this Monday morning: BT Group (BT) Raised to Overweight at JPMorgan. Callaway ...
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