Quantcast

Monthly Archives: December 2009

Take-Two’s (TTWO) Well-Paid Management, Awful Earnings

Posted: December 3, 2009 at 4:35 pm

It is time for the board of Take-Two (NASDAQ:TTWO) to see if it can renegotiate its contract with Zelnick Media, which runs the video game company. The current arrangement calls ...
Read Full Story »

Did Obama Warn on Friday’s Unemployment Data?

Posted: December 3, 2009 at 2:37 pm

There have been at least two occasions where President Obama referred to the direction of the unemployment and non-farm payrolls data before the key report due Friday.  Once was just ...
Read Full Story »

24/7 Wall St. TV: Viacom + Time Warner = Next Big Media Merger

Posted: December 3, 2009 at 12:20 pm

No one would be surprised to see Sumner Redstone, the 86-year-old head of Viacom (NYSE:VIA), and Jeff Bewkes, CEO of Time Warner (NYSE:TWX), wearing disguises to their private meetings in coffee ...
Read Full Story »

SunTrust ‘Sell’ From Meredith Whitney (STI, BRK-A)

Posted: December 3, 2009 at 11:49 am

SunTrust Banks, Inc. (NYSE: STI) is getting hit this morning, although perhaps not as harshly as the call might sound.  Meredith Whitney put on her banker Scrooge hat and issued ...
Read Full Story »

ISM Data: Service Sector Back in Hell

Posted: December 3, 2009 at 10:37 am

The Institute of Supply Management has released its November data for the services sector this morning.  The ISM non-Manufacturing data had gotten back to growth briefly in October and September.  ...
Read Full Story »

Top Day Trader Alerts (GERN, STEM, OPXA, HGSI, DRYS, ABK, MBI, TRGT)

Posted: December 3, 2009 at 8:52 am

These are this morning's top day trader and active trader alert stocks, with more details and analysis over at VSInvestor.com with a link to each story: Geron Corporation (NASDAQ: GERN), ...
Read Full Story »

Today’s Best Market Rumors (12/3/2009) (S)(HUN)(GE)(AAPL)(F)(TWX)

Posted: December 3, 2009 at 8:44 am

Updated throughout the day. Updated 1.17 PM EST: Apple (NASDAQ:AAPL) may sign up Sprint (NYSE:S) and T-Mobile to market the iPhone in the US  (Barron's) Updated 11.29 PM EST:  Huntsman ...
Read Full Story »

Amazon.com: As Cramer and Others Get Too Bullish (AMZN, WMT, BBY)

Posted: December 3, 2009 at 8:39 am

It is impossible to argue against the success of Amazon.com Inc. (NASDAQ: AMZN) as a company, and it is also impossible to say that the stock is not on fire.  ...
Read Full Story »

Jobless Data Staying in Right Direction

Posted: December 3, 2009 at 8:36 am

The Labor Department is out with the newest weekly jobless claims data.  The figure came in at 457,000 versus the estimates from Bloomberg of 485,000.  The preliminary unrevised figure a ...
Read Full Story »

Top 10 Analyst Upgrades, Downgrades, and Initiations (AMZN, AAPL, AGO, BAC, CELG, CBST, DRYS, EBAY, POT, RIG)

Posted: December 3, 2009 at 8:09 am

These are this Thursday morning's top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Amazon.com Inc. (NASDAQ: AMZN) Started as Market Perform at JMP Securities. Apple Inc. ...
Read Full Story »

FDIC: A Quarter Of Americans Have Little Or No Bank Access

Posted: December 3, 2009 at 6:17 am

The FDIC reports that millions of Americans have no access to a bank. The agency report "reveals that more than one quarter (25.6 percent) of all households in the United ...
Read Full Story »

Why Hasn’t Citigroup (C) Repaid TARP Funds

Posted: December 3, 2009 at 5:54 am

The program Bank of America (NYSE:BAC) has announced to repay the TARP funds it received is a modest vindication for its retiring CEO Ken Lewis. He has proved that his ...
Read Full Story »

Goldman Sachs (GS) Explains Comp To Big Shareholders

Posted: December 3, 2009 at 5:29 am

Goldman Sachs (NYSE:GS) has started to meet with its largest shareholders to defend the millions, and in some cases tens of millions, that it pays its management and star ...
Read Full Story »

GE (GE): Cash Rich, Strategy Poor

Posted: December 3, 2009 at 5:26 am

GE (NYSE:GE) will pick up close to $8 billion in net cash as part of its deal to pass a majority interest in its NBCU unit to Comcast (NASDAQ:CMCSA)leaving the conglomerate with 49%. GE ...
Read Full Story »

Wasting Time At The Jobs Summit

Posted: December 3, 2009 at 4:56 am

The ADP private sector jobs report says that 169,000 people became unemployed in November. This means that the government figures on unemployment for last month will likely indicate that the ...
Read Full Story »