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Daily Archives: December 23, 2009

Apple’s (AAPL) Jobs Worked For $1, But Owns 5.5 Million Shares

Posted: December 23, 2009 at 6:18 pm

Steve Jobs, the CEO of Apple (NASDAQ:AAPL), is doing fine, financially. He took a salary of just $1 last year but owns 5.546 million Apple shares. The stock trades above ...
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Journalists Write-Up Apple (AAPL) Rumors, With Nothing To Do As Financial News Fades

Posted: December 23, 2009 at 4:28 pm

The legitimate press is hardly legitimate any more.  The number of rumors about Apple (NASDAQ:AAPL) each week can reach a dozen. Most of them turn out to be false. Apple ...
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MEMC’s Solar Christmas Order (WFR, XEL)

Posted: December 23, 2009 at 3:24 pm

If anyone in the solar space could use an order for Christmas, it is MEMC Electronic Materials Inc. (NYSE: WFR).  The company's SunEdison solar services unit, just received an order ...
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Hyundai Likely Winner Of December Car Sales Sweepstakes

Posted: December 23, 2009 at 2:08 pm

Hyundai is likely to continue its string of sharply improved monthly sales in December.The firm is expected to sell 63,000 cars this month when its Hyundai and Kia nameplates are taken ...
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Blackstone Looks for IPO Exit in Graham Packaging (GRM, BX)

Posted: December 23, 2009 at 11:13 am

Graham Packaging Company Inc. is one of the most recent filings for a private equity-backed initial public offering.  While terms were not given for this IPO, the company listed that ...
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Wal-Mart Will Extend Discounts; Can Target and Amazon Follow?

Posted: December 23, 2009 at 10:20 am

In an unexpected announcement this morning, Wal-Mart (NYSE:WMT) said it plans to extend its holiday season discounts beyond December 25th. The world's largest retailer plans to offer a $50 ...
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Financial Facelift For Ruth (RUTH)

Posted: December 23, 2009 at 10:20 am

Ruth's Hospitality Group Inc. (NASDAQ: RUTH) is trying to get its financial house more in order.  The owner and operator of the Ruth's Chris Steak House chain announced new financial ...
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Worst PR Of The Day: Seven Summits Research

Posted: December 23, 2009 at 9:45 am

Seven Summits Research released its "Critical Alerts" on several companies today including (NASDAQ:EBAY) and Verizon (NASDAQ:VZ) in a lame effort to push its products. The tactic is a weak attempt to ...
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Top Day Trader Alerts (PSDV, RHT, ACHN, RIMM)

Posted: December 23, 2009 at 9:07 am

The day trader alerts are getting thinner as the holiday trading season nears with fewer participants.  These are the top day trader alerts and swing trader alerts were are seeing ...
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Today’s Best Market Rumors (12/23/2009) (PEP)(C)(AAPL)

Posted: December 23, 2009 at 8:57 am

Updated throughout the day. Allen Sanford is on the edge of a nervous breakdown.  (Houston Chronicle). Citigroup (NYSE:C) says that The Wall Street Journal is wrong about hackers taking money ...
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Buffett Keeps Dumping More Moody’s (BRK-A, MCO)

Posted: December 23, 2009 at 8:50 am

Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) is still unloading more Moody's Corp. (NYSE: MCO) stock.  A filing from last night shows that another 87,992 shares were sold at a ...
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Top 10 Analyst Upgrades, Downgrades, Initiations (ACHN, CTAS, XOM, GFI, HMY, MTH, MU, NFLX, POT, GOLD)

Posted: December 23, 2009 at 8:21 am

These are this Wednesday's top 10 analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Achillion Pharmaceuticals Inc. (NASDAQ: ACHN) Started as Buy at Roth Capital. Cintas Corp. ...
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VoIP And Biotech The Industries Of The Future

Posted: December 23, 2009 at 6:23 am

Two industries expected to post remarkably rapid growth over the next decade are VoIP and biotech. Cable companies and voice providers including Skype and Vonage (NYSE:VG) are expected to damage revenue ...
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Geithner Says Loan Crisis May Wreck Economy, But Has No Solution

Posted: December 23, 2009 at 6:06 am

Treasury Secretary Geithner, who many members of Congress would like to see out of his job, yesterday said that tight credit could derail the nascent economic recovery. “Right now, the ...
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H1N1 Vaccine Piles Up As Hysteria About Epidemic Fades

Posted: December 23, 2009 at 5:52 am

Millions of people in the US contracted the H1N1 flu virus aka swine flu. Almost none of those people died. The WHO and several medical and health organizations in the US believed ...
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