Quantcast

Monthly Archives: June 2010

Germany’s Merkel Tests Europe’s Financial Resolve, Again

Germany's Chancellor Angela Merkel seems keen on asserting her nation's political and financial power in the EU, or she wants to see the region's $1 trillion rescue package fail. In ...
Read Full Story »

Media Digest 6/10/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Volcker is optimistic about a good financial reform bill. Reuters:   BP plc (NYSE: BP) shares dropped on concerns about financial viability. Reuters:   China exports rose, putting the yuan issue ...
Read Full Story »

AT&T Security Problem Exposes 114,000 iPad Email Addresses

Gawker reported that a security breach of data from Apple (NASDAQ: AAPL) iPad users whose wireless service with AT&T (NYSE: T) exposed 114,000 email addresses. AT&T's bumbling about the matter ...
Read Full Story »

Big Dividend & Buybacks Keep Coming (BG, FRX, IN, KBR, MON, VIA, WMT, CAT, FDX, TGT)

So much for a double-dip recession, or at least that is what the waves of new share buybacks and dividend hikes from big key companies are saying.  In recent days ...
Read Full Story »

Fed’s Beige Book Steady, But With Inventory Concerns

The Federal Reserve's newest Beige Book comments are out.  They were prepared at the Federal Reserve Bank of Chicago and the cut-off date for information was May 28, 2010.   In ...
Read Full Story »

Net Public Debt To GDP Nearly Doubles 1990-2015

Encouraging news from the Treasury Department. The ratio of net debt-to-GDP is forecast to go from 41.5% in 1990 to 73.1% in 2015 provided that the economy meets extremely aggressive ...
Read Full Story »

Ackman Confirms Why Citigroup Could Still Double (C)

It was during the most recent meltdown that we gave a list of companies where the stocks could still double, and Citigroup Inc. (NYSE: C) was one of them.  Bill ...
Read Full Story »

Bernanke & The Burden Of American’s Aged

Ben Bernanke's testimony before the Committee on the Budget of the U.S. House of Representatives was mostly predictable. He talked about the steady improvement in the American economy and predicted ...
Read Full Story »

Ambac, When Companies Just Can’t Get It Right (ABK)

Ambac Financial Group, Inc. (NYSE: ABK) was trying to have a good day yesterday, but it is one of those companies where almost all good news is met by more ...
Read Full Story »

Today’s Best Rumors (6/9/2010)

Updated throughout the day. There is a second leak in the Gulf near the Deepwater Horizon wreck, or not (various). Tornier, a Dutch medical device company, will raise $205 million ...
Read Full Story »

Top Day Trader Alerts (BIDU, CIEN, ECLP, PIP, REGN, TLAB, TXN, TIVO, TTIL)

There are many big movers today in the day trader and active trader alert categories, some on merger and some on earnings and guidance.  Stocks on the move are Baidu, ...
Read Full Story »

The Twitter-24/7 Wall St. Stock Market Report 6.9.2010 The Wisdom Of Crowds?

Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have ...
Read Full Story »

Top Analyst Upgrades and Downgrades (ABB, MDRX, BSX, DROOY, GFI, HMY, WFR, BTU, POT, PHM, PUK, STM, WEN)

These are some of the top analyst upgrades, downgrades and initiations we have seen from Wall Street research calls this Wednesday morning: ABB Ltd. (NYSE: ABB) Raised to Buy at ...
Read Full Story »

Another Sign Of Major Housing Slump–Weekly Applications Fall Again

The end of federal tax credits for home buyers which were as high as $8,000 ended in April. That almost certainly took some of the wind out of any improvement ...
Read Full Story »

IMF Makes Another Unrealistic Call For Austerity

The IMF has made another call for austerity in spending, particularly in Europe. The agency has also put restated its belief that growth in GDP is Europe's only path to ...
Read Full Story »