Quantcast

Daily Archives: December 4, 2009

Apple (AAPL) Buys Cloud Based Music Site

Posted: December 4, 2009 at 6:33 pm

Apple (NASDAQ:AAPL) customers who want to buy and play music and video from the iTunes store have to download it to their iPods or iPhones. The huge consumer electronics company ...
Read Full Story »

Two More Bank Failures Make 126: Devil Goes Down to Georgia

Posted: December 4, 2009 at 5:30 pm

State Bank and Trust Company is taking over two failed and seized banks in Georgia, making this the #125 and #126 closed banks in America during the financial crisis.  But ...
Read Full Story »

Geithner Says All Big US Banks Would Have Failed

Posted: December 4, 2009 at 5:29 pm

It may be that Treasury Secretary Tim Geithner needs to take a revisionist's view of history to support his attacks on the large bonuses Goldman Sachs (NYSE:GS) and other banks are about ...
Read Full Story »

B of A Rejoins 1 Billion Shares-Traded Club (BAC, C)

Posted: December 4, 2009 at 4:27 pm

Bank of America Corporation (NYSE: BAC) was all over the news for repaying the TARP and for its huge $15.00-equivalent stock offering of more than $19 billion.  The S&P rebalance ...
Read Full Story »

52-Week High Club (AKAM, FLOW, MRVL, LUV)

Posted: December 4, 2009 at 4:02 pm

Akamai Technologies Inc. (NASDAQ: AKAM) rose 7.9% to a yearly high of $25.66 after the software company was upgraded to "outperform" by Oppenheimer & Co. Flow International Corp. (NASDAQ: FLOW) ...
Read Full Story »

Dollar’s Rally Is Overdone

Posted: December 4, 2009 at 3:31 pm

This morning the Bureau of Labor Statistics announced that the unemployment rate had dropped from 10.2% to 10% and that nonfarm payroll jobs declined by just 11,000.  The market rallied ...
Read Full Story »

Chart Call: Apple’s Exit (AAPL)

Posted: December 4, 2009 at 2:42 pm

We have had a hard time not noticing how many more emails Apple Inc. (NASDAQ: AAPL) has sent out on deals compared to last year.  More importantly, we have noticed ...
Read Full Story »

Rig Counts Staying Positive (BHI, OIH, DIG, USO, OIL)

Posted: December 4, 2009 at 1:23 pm

Baker Hughes Incorporated (NYSE: BHI) has just released its weekly rig counts.  It looks like we have another week of rig count growth on the three major counts, a positive ...
Read Full Story »

Sprint Affiliate Suits Now Totally Behind It (S, IPCS, CLWR)

Posted: December 4, 2009 at 1:13 pm

If you have followed Sprint Nextel Corporation (NYSE:S) since way back when Sprint was Sprint and Nextel was Nextel, you know how the Sprint story is riddled with lawsuits from ...
Read Full Story »

Video Game Sector Woes Far Beyond Take-Two, Near-Term Anyway (TTWO, NTDOY, WMT, AMZN, SNE, MSFT, ATVI, ERTS, AAPL)

Posted: December 4, 2009 at 10:45 am

The video game sector is not improving with the economy.  It seems to not even be getting 'less-bad' with the other sectors that are looking 'less-bad' compared to earlier months.  ...
Read Full Story »

Unemployment Declined In November

Posted: December 4, 2009 at 9:06 am

The nation's headline unemployment number declined in November, from 10.2% to 10%.  Nonfarm payroll jobs declined by 11,000, with the average decline over the past three months being 135,000.  Job ...
Read Full Story »

Top Day Trader Alerts (SWHC, RGR, TTWO, BAC, MRVL, BRCM, TXN, FACT, JAVA)

Posted: December 4, 2009 at 8:52 am

These are this morning's top day trader and active trader alert stocks.  We have more detailed volume data and analysis on each stock story via a link over to VSInvestor.com: ...
Read Full Story »

Today’s Best Market Rumors (AMZN)(CYB)(GS)

Posted: December 4, 2009 at 8:42 am

Updated throughout the day. Kraft (NYSE:KFT) will make its official offer to Cadbury (NYSE:CBY) shareholders  (Reuters) The 300 richest people in Switzerland lost $10 billion this year.  (Bilanz) Goldman Sachs (NYSE:GS) management ...
Read Full Story »

Unemployment’s Surprising Drop

Posted: December 4, 2009 at 8:38 am

The Labor Department is out with its November unemployment rate and the change in non-Farm payrolls.  The official unemployment rate in November went down to 10.0% from 10.2% in October.  ...
Read Full Story »

Top 10 Analyst Upgrades, Downgrades, Initiations (APD, AKAM, FSLR, MA, MHP, MCO, NFLX, SVNT, UA, V)

Posted: December 4, 2009 at 7:56 am

These are this Friday's top ten analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Air Products & Chemicals (NYSE: APD) Started as Outperform at William Blair. Akamai ...
Read Full Story »