Quantcast

Monthly Archives: July 2010

Chinese Banking Woes

Posted: July 15, 2010 at 9:39 am

The Agricultural Bank of China, AgBank, began trading on the Shanghai stock exchange yesterday, and the results were mixed. The A-shares opened at 2.74 yuan/share before closing at 2.7 yuan/share ...
Read Full Story »

Today’s Best Market Rumors (7/15/2010)

Posted: July 15, 2010 at 9:06 am

Updated throughout the day. Goldman Sachs Group (NYSE: GS) and the SEC have had settlement talks (WSJ) Steve Jobs will at a Friday news conference about iPhone 4 performance (various) ...
Read Full Story »

Top Day Trader Alerts (AMZN, ARNA, BP, NTY, OREX, VRNM, VVUS)

Posted: July 15, 2010 at 9:03 am

There are many stocks on the move for day traders and active traders this Tuesday morning now that earnings season has launched. Amazon.com Inc. (NASDAQ: AMZN) is trading lower after ...
Read Full Story »

The Twitter-24/7 Wall St. Stock Market Report 7.15.2010 The Wisdom Of Crowds

Posted: July 15, 2010 at 8:55 am

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 ...
Read Full Story »

Top Analyst Upgrades & Downgrades (BZH, BP, CIEN, GLW, EXPE, FFIV, BEN, JNS, JNPR, PMCS, PCLN, SPWRA, TROW)

Posted: July 15, 2010 at 8:38 am

These are some of this Thursday's top analyst calls with upgrades, downgrades, and initiations seen from Wall Street firms: Beazer Homes (NYSE: BZH) Raised to Buy at UBS. BP plc ...
Read Full Story »

JPMorgan Chase (JPM) Beats

Posted: July 15, 2010 at 7:22 am

JPMorgan Chase & Co. (NYSE: JPM) reported its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from failed loans helped offset a difficult spring ...
Read Full Story »

More Real Estate Trouble: Foreclosures Hit 1.65 Million in First Half

Posted: July 15, 2010 at 6:09 am

The number of foreclosures in the US hit 1.65 million in the first half. That is an increase of 8% from the same period last year, and a 5% decrease ...
Read Full Story »

The Question Emerges Again: What If The Well Can’t Be Capped

Posted: July 15, 2010 at 5:55 am

BP plc (NYSE: BP) was going to put a new cap on its well which is leaking as much as 60,000 barrels a day of crude into the Gulf of ...
Read Full Story »

Economic Confidence Slips As Problem Becomes Center Of Attention

Posted: July 15, 2010 at 5:34 am

Concerns about the economy ran well ahead of those about the environment and the clean up in the Gulf. That should not be a surprise because there is a great ...
Read Full Story »

Global PC Sales: Dell Fights Back

Posted: July 15, 2010 at 5:13 am

Research firm IDC reported that global PC sales rose 22.4% in the second quarter as many companies and individuals replaced older computers. Europe's demand rose, which will not continue into ...
Read Full Story »

China And The US, Economies Move In Different Directions

Posted: July 15, 2010 at 4:58 am

China reported that its economy expanded by 11.1% in the first half and "only" 10.2% in the second quarter. That was viewed by most analysts as a "slowing' although it ...
Read Full Story »

Media Digest 7/15/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 15, 2010 at 3:57 am

Reuters:   BP plc (NYSE: BP) has begun to run an important test on its well cap. Reuters:   China's economy expanded at 11.1% in 1H but closed in Q2. Reuters:   GlaxoSmithKline ...
Read Full Story »

Market Recovery: The Return of M&A in Tech and Telecom (ADCT, TEL, HPQ, ORCL, CIEN, Q, CTL, BRCD, CBB, CVLT, DELL, JDSU, LEAP, PCS, WFR, NOVL, PGI, RSH, TLAB, TDC, OVTI, SYNA)

Posted: July 14, 2010 at 3:10 pm

The latest and M&A deal in the world of technology and communications came to ADC Telecommunications Inc. (NASDAQ: ADCT) this week, where Tyco Electronics, Ltd. (NYSE: TEL) is paying $12.75 ...
Read Full Story »

Shippers Face More Woes on Over-capacity (DRYS, DSX, GNK, AMKBF)

Posted: July 14, 2010 at 2:25 pm

We've been watching the Baltic Dry Index, BDI, for a while now as it slides further and further down. The index, which measures freight rates for ships carrying commodity cargoes ...
Read Full Story »

FOMC Minutes: Years of Spotty Economics

Posted: July 14, 2010 at 2:15 pm

The newest minutes from the June 22 to 23, 2010 FOMC meeting is a lowering of economic growth estimates from the Federal Reserve for the rest of 2010.  The market ...
Read Full Story »