Quantcast

Monthly Archives: December 2009

The China Miracle Continues As Economic Recovery Surges

The remarkable resilience of the Chinese economy and the effectiveness of its $585 billion stimulus package were on display as the nation released key economic data for November. Retail sales grew ...
Read Full Story »

Video Game Sales Hammered Again In November (TTWO)(ERTS)(SNE)(MSFT)

The holiday shopping season and price cuts are not helping video game sales. November figures from industry research firm NPD show sales of software and consoles in the US dropped almost ...
Read Full Story »

Media Digest 12/11/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The pressure is on big oil companies such as Exxon (NYSE:XOM) and BP (NYSE:BP) to find inexpensive oil reserves in Iraq. Reuters:   Moody's (NYSE:MCO) sees no threat to the ...
Read Full Story »

Asia Markets And Europe Open (12/11/2009)

Markets in Asia were higher. The Nikkei rose 2.5% to 10,108. The Hang Seng rose .9% to 21,902. The Shanghai Composite was down .2% to 3,247. At the open in ...
Read Full Story »

Dr. Chairman Mao: Please Stop Cheating The West

Western governments, multinationals, and trade groups will soon have a single form letter that they can send to the communist central government in China. “Dear Chairman Mao: We find that ...
Read Full Story »

CBOE Set to Join Public Exchanges in IPO (NYX, NDAQ, ICE)

It seems that the long quest of the Chicago Board Options Exchange is going to end up in an IPO.  The demutualization process has been an ongoing one and a ...
Read Full Story »

52-Week High Club (KO, OXM)

The Coca-Cola Company (NYSE: KO) rose over 1.8% to a yearly high of $58.92 after it was announced that drinks made by the company will be sold again by Costco ...
Read Full Story »

An Ambac Delisting? Or Reverse Split? (ABK)

Ambac Financial Group, Inc. (NYSE: ABK) has made an SEC filing discussing this week's press release about receipt of a notice from the New York Stock Exchange that it has ...
Read Full Story »

U.S. Debt Growth Slows As Households Deleverage

Today at noon the Federal Reserve released its Flow of Funds Account report.  In the third quarter, U.S. debt growth grew at its slowest pace on record.  Overall debt grew by ...
Read Full Story »

No One Wants Treasury Long Bonds

The United States' insatiable demand to borrow is still facing hurdles over whether new buyers want to buy longer-date maturities.  Sure, our short-term bills are fine, but as you go ...
Read Full Story »

Credit Analyst Surprise in Boston Scientific (BSX)

A surprising ratings agency call is helping Boston Scientific Corp. (NYSE: BSX) after the company made a debt issuance filing.   As Boston Scientific is (and has been for ages) a ...
Read Full Story »

Goldman Sachs (GS) Management Will Get Shares Not Cash

The board and management of Goldman Sachs (NYSE:GS) succumbed to the extraordinary outcry against the size of bonuses at the firm, some of which will certainly range into the tens ...
Read Full Story »

Apple (AAPL) China News Bad For RIM (RIMM)

Apple's (NASDAQ:AAPL) cellular carrier for the iPhone in China, China Unicom (NYSE:CHU), said that it sold only 100,000 of the handsets in the 40 days after they went on sales. iPhoneAsia ...
Read Full Story »

Key Short Selling Changes In Solar Stocks (FSLR, JASO, SPWRA, STP, ENER, LDK, CSIQ)

The second half of November showed somewhat of a mixed bag in short selling activity in the universe of our actively traded and more prominent solar stocks.  We saw a ...
Read Full Story »

Trade Deficit Reduced In October As Exports Rise

The U.S. trade deficit decreased $2.7 billion $32.9 billion in October as a result of exports growing more than imports.  Exports grew $3.4 billion while imports grew $745 million.  Gains ...
Read Full Story »