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Monthly Archives: July 2010

MGIC’s Magic Quarter (MTG, PMI, RDN)

MGIC Investment Corp. (NYSE: MTG) managed the ultimate surprise... it made money after almost 3 straight years of quarterly losses.  The private mortgage insurance company reported a second quarter profit ...
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Today’s Best Rumors (7/20/2010)

Updated throughout the day. The CEO of Nokia (NYSE: NOK) Olli-Pekka Kallasvuo is on the way out (WSJ) Robert H. Benmosche of American International Group (NYSE: AIG) may have set ...
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Top Day Trader Alerts (ATHR, CRUS, GS, IBM, MTG, NOK, SD, TXN, TUP, NWL, ZION)

Many stocks are on the move this morning.  Some of the top movers are tied to earnings news, although some of the day trader and active trader alerts are moving ...
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Wasted Worry Over the Wealth Gap

By John Tamny of Forbes Not only is the wealth gap an essential driver of entrepreneurial creativity, there's no realistic way to reduce it unless we want to strangle progress ...
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The Twitter-24/7 Wall St. Stock Market Report 7.20.2010 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 ...
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Top Analyst Upgrades & Downgrades (BHP, XOM, HAL, ICE, JCG, PNC, PLD, SCHN, SHW, SY, TXN, VOD)

These are some of the top analyst calls with upgrades, downgrades and initiations seen from Wall Street research calls this Tuesday morning: BHP Billiton Ltd. (NYSE: BHP) Raised to Overweight ...
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Goldman’s Good Quarter, Firm Bows To Pressure On Compensation

Wall St. was disappointed by the quarterly report from Goldman Sachs Group (NYSE: GS) and its shares dropped 4%. The investment bank actually did remarkably well and nearly returned to ...
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BP May Face $18 Billion In Fines From US

The US Clean Water Act has provisions that could allow the American government to charge BP plc (NYSE: BP) up to $4,300 per barrel of oil spilled into the Gulf. ...
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China Admits Europe Is A Problem

It may be a ruse, but China now says that problems in the economies of Europe will undermine the growth of its exports in the second half.  The Ministry of ...
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Extended Job Benefits: Ethics And Economics Join Hands

The bill to extend jobless benefits has passed the House but has been blocked in the Senate for nearly two months. The Administration has two Republicans who will support the ...
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Toyota: The Real Beatings Begin

There has not been much news about the recalls of Toyota Motor (NYSE: TM) cars and trucks recently. The largest of these happened in the winter and involved more than ...
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Intel Dodges Antitrust Charges Because It Sells Hardware

Intel Corporation (NASDAQ: INTC) is either lucky or good. It managed to walk away from FTC monopoly charges with barely a hand slap. The FTC cannot levy fines, so it ...
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Media Digest 7/20/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

WSJ: Nokia (NYSE: NOK) will begin the search for a new CEO. Reuters:   BP plc (NYSE: BP) will continue its work on the leaking well and said seepage had nothing ...
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Amazon.com E-Reader Sales Leap: The Death Of Print

Print, which has been on the heart and lung machine for more than a decade, may finally be ready to give up the ghost. Many analysts thought newspapers and magazines ...
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Lower Growth at IBM (IBM)

International Business Machines Corp. (NYSE: IBM) has reported its Q2-2010 earnings.  The pro forma numbers were $2.61 EPS and 2% revenue growth (adjusted for currency) $23.72 billion in revenues, although ...
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