Quantcast

Monthly Archives: September 2010

Top Analyst Upgrades and Downgrades (AMGN, AU, BP, BIIB, CELG, GILD, HMY, HGSI, LYG, MPEL, MVIS, RIMM, TEVA, VPHM, WBD)

These are some of this Thursday's top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Amgen Inc. (NASDAQ: AMGN) Started as Buy at Stifel Nicolaus. AngloGold Ashanti ...
Read Full Story »

Today’s Best Market Rumors (9/9/2010) Fund Losses

Updated throughout the day Singapore sovereign fund GIC will have an IPO (Reuters) Cerberus Capital Management may be the PE firm that made an offer worth up to $2.5 billion ...
Read Full Story »

OECD Say Global Expansiton Will Slow

Large research organizations have a habit to state the obvious long after it is obvious to everyone else. The OECD says that world economic growth has slowed and will remain ...
Read Full Story »

China Equity Market Value May Overtake US

Almost every analysis about competition between the US and China puts the People's Republic in the lead. China has more people, lower labor costs, more efficient protectionism, a better currency ...
Read Full Story »

US Global Competitiveness Takes A Drop

The US is no longer one of the most competitive economies in the world, according to the World Economic Forum. The United States fell two places to fourth place, overtaken ...
Read Full Story »

Mortgage Bankers Step Up Effort To Kill Freddie And Fannie

The debate among Congress, the Administration, bankers, and financial experts has raged on since Fannie Mae and Freddie Mac collapsed into the arms of the federal government. Their portfolios of ...
Read Full Story »

The Death Of Credit Cards

Government statistics have shown that for several months American have cut back on the use of credit. The news would seem to be bad for credit card companies, but there ...
Read Full Story »

Media Digest (9/9/2010) Reuters, WSJ, NYT, FT, Bloomberg

Reuters:   The Blue Chip Indicators cut their growth forecasts again. Reuters:   Goldman Sachs Group (NYSE: GS) was fined 20 million pounds by UK authorities. Reuters:   New Google (NASDAQ: GOOG) technology ...
Read Full Story »

The Continually Shrinking Consumer Credit (V, MA, DFS, AXP)

Americans are still shrinking their credit according to the latest data from the Federal Reserve.  July marked a sixth consecutive drop and the seasonally adjusted rate of credit contraction came ...
Read Full Story »

EIA Publishes New Estimates; OPEC Produces Less Oil

The US Energy Information Administration has released its latest Short-Term Energy Outlook, and it does little to raise the dim economic prospects for the rest of 2010 and 2011. The ...
Read Full Story »

Beige Book: Decelerating Growth Prevails

The September 8, 2010 Beige Book release came from the Federal Reserve Bank of San Francisco, and the data is based on information collected on or before August 30, 2010.  ...
Read Full Story »

Apple to Sell 28 Million iPads in 2011?

Apple (NASDAQ: AAPL may be on target to sell 28 million iPads next year, which would almost certainly help lift its share price and would wreak havoc on the netbook ...
Read Full Story »

Nokia CEO Kallasvuo Defies The Skeptics

Olli-Pekka Kallasvuo, the chief executive of Nokia Oyj (NYSE:NOK), should have been fired by now if the many media reports predicting his ouster were true.  Yet, he is the headliner ...
Read Full Story »

Potash/Ag: Dividends Versus Buyouts (POT, BHP, AGU, MOS, CF, TNH)

Agriculture, fertilizer, and potash companies are not exactly known for the highest dividend yields in the world.  Potash Corporation of Saskatchewan Inc. (NYSE: POT) announced today that it has declared ...
Read Full Story »

Are Gold Mining Mergers Reasonable?

Unwilling to match or beat Goldcorp Inc.'s (NYSE:GG) $3.48 billion offer for Andean Resources Ltd. (OTC:ANDPF), Eldorado Gold Corp. (NYSE:EGO) has withdrawn from the bidding for the South American gold ...
Read Full Story »