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Monthly Archives: September 2009

ewis

Will Bank Of America (BAC) Take Congressional Request To Federal Court?

Posted: September 21, 2009 at 10:03 am

Representative Edolphus Town, chairman of the House Committee on Oversight and Government Reform, has told Bank of America (BAC) that it cannot use attorney-client privilege when dealing with Congress. It ...
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Top Day Trader Alerts (DPTR, AMGN, PER, DELL, LEN, POT, MOS)

Posted: September 21, 2009 at 9:14 am

These are this Monday's top day trader and active trader alert stocks in the pre-market.  We have more details on each for volume and price moves at VSInvestor.com: Delta Petroleum ...
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nok

Dell (DELL) Overpays For Perot Systems (PER)

Posted: September 21, 2009 at 8:27 am

Shares of Perot Systems (PER) are up 65% to $29.69 on news that the company will be bought for $3.9 billion. Perot's 52-week high. Dell is substantially overpaying to get ...
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Top 10 Analyst Upgrades & Downgrades (ATK, CELG, NTAP, NVLS, WMT, ATHN, ARNA, BK, GENZ, Q)

Posted: September 21, 2009 at 8:21 am

These are the top 10 analyst upgrades, downgrades, and initiations we have seen early this Monday morning: Alliant Techsystems (ATK) Started as Buy at Jefferies. Celgene (CELG) raised to Outperform ...
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Obama’s Tire Tariff Takes Us Down a Failed Road

Posted: September 21, 2009 at 8:10 am

by John Tamny of RealClearMarkets Last week, President Obama announced that his administration would slap a 35% tariff on Chinese tire imports. The move cheered a U.S. tire industry that ...
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uncle sam

IRS Gives Tax Cheats More Time

Posted: September 21, 2009 at 6:10 am

The IRS is extending the deadline for tax cheats who have hidden assets overseas to turn themselves in from this week until October 15. It is an odd way to ...
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WMT

Wal-Mart (WMT) Is The Next Wal-Mart

Posted: September 21, 2009 at 5:55 am

The New York Times has joined a long line of media and analysts who say that Amazon (AMZN) will menace bricks-and-mortar superstore retailers the way that it did the traditional ...
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bear

Swine Flu Redux

Posted: September 21, 2009 at 5:40 am

There was concern about significant worldwide infection and death shortly after the swine flu was discovered in Mexico earlier this year. That concern tailed off as it because clear, perhaps ...
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VZ

The 24/7 Wall St. Interview With Ivan Seidenberg, CEO Of Verizon

Posted: September 21, 2009 at 5:10 am

24/7 Wall St. interviewed Ivan G. Seidenberg, the Chairman and CEO of Verizon (VZ), recently. The conversation covered Verizon’s major plans, the global telecom markets, and the effects of the recession. ...
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uncle sam

The United States Of Detroit

Posted: September 21, 2009 at 4:56 am

No one questions that the most economically devastated geographic region in the US during this recession is Detroit. GM, Ford (F), and Chrysler have eliminated tens of thousands of jobs ...
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newspaper

Media Digest 9/21/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 21, 2009 at 4:01 am

Reuters:   Obama is asking the G 20 to reshape the global economy. Reuters:   Congress will demand details of the Bank of America/Merrill Lynch deal. Reuters:   Holiday spending is expected to ...
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china

Asia Markets And Europe Open 9/21/2009

Posted: September 21, 2009 at 3:27 am

Markets in Asia were mixed and the Japanese exchanges were closed. The Hang Seng fell .2% to 21,585. HSBC (HBC) rose. The Shanghai Composite rose .2% to 2,968. At the ...
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bull-and-bear-image2

FOMC Preview: The End of Free Money Coming Soon

Posted: September 20, 2009 at 11:06 am

The FOMC is expected to give us a decision on interest rates this Wednesday, September 23 around 2:15 PM EST.  One tool we prefer to use for determining the direction ...
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sirius-logo

SIRIUS XM Reverse Split Now Almost Certain (SIRI)

Posted: September 19, 2009 at 1:40 pm

SIRIUS XM Radio Inc. (NASDAQ: SIRI) almost had a very bad day on Friday.  Shareholders of the biggest penny stock of them all should probably be thankful that the stock ...
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Unusual Options Trading Screens (EK, ETFC, ODP, ARNA, FCX, S, FORM, POT)

Posted: September 19, 2009 at 10:33 am

It is the weekend, and that means that our end-of-week screen for unusual options trading activity is complete.  Of course expiration date throws a wrench in any screens, but we ...
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