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Monthly Archives: November 2010

China, Government Policy to Drive Energy Prices

Posted: November 9, 2010 at 9:11 am

Most of us want to know if we're going to be paying more for a tank of gasoline next week, not how much we'll be paying in 2035. That kind ...
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The Twitter-24/7 Wall St. Market Report (11/9/2010) Chevron M&A, Record Gold

Posted: November 9, 2010 at 9:06 am

Twitter  has, by most estimates, 145 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 and Downgrades (AKS, COMV, DCI, EPR, GOOG, GBX, RNWK, RIMM, RS, SOHU, SBUX, SYMC, TLEO)

Posted: November 9, 2010 at 8:56 am

These are some of this Tuesday's key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. AK Steel Holding Corporation (NYSE: AKS) Cut to Neutral at Goldman Sachs. ...
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Bernanke Ignores Basic Economics

Posted: November 9, 2010 at 8:56 am

By John Tamny of Forbes High interest rates aren't a crisis as Ben Bernanke assumes, instead they're a positive symptom of past mistakes which ensure that no more capital will ...
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Today’s Best Market Rumors 11/9/2010 AOL Buyout, Danone Sale

Posted: November 9, 2010 at 8:52 am

Updated throughout the day. AOL (NYSE: AOL) has hired Bank of America (NYSE: BAC) to consider a bid for Yahoo ! (NASDAQ: YHOO) KKR may finance a buyout of all ...
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Top Active Trader Alert Stocks (ATLS, ABK, JASO, LVLT, LLNW, PCLN)

Posted: November 9, 2010 at 8:49 am

Active traders and day traders have many stocks to choose from this Tuesday morning.  We are tracking news and moves in shares of Atlas Energy, Inc. (NASDAQ: ATLS), Ambac Financial ...
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Ambac’s Bankruptcy, The Inevitable Outcome (ABK)

Posted: November 9, 2010 at 8:43 am

Ambac Financial Group, Inc. (NYSE: ABK) did what was close to inevitable: it has filed for Chapter 11 bankruptcy protection. The company said that it was unable to raise additional ...
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Bankruptcies Surge 12%

Posted: November 9, 2010 at 5:53 am

The Administrative Office of the U.S. Courts reported that consumer bankruptcies rose sharply in the first nine months of 2010, another sign of individual financial stress due to the recession. A ...
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Tony Hayward Defends Day Of Yachting

Posted: November 9, 2010 at 5:26 am

Ton Hayward, disgraced former CEO of BP plc (NYSE: BP), defended the day he spent yachting which was at the peak of the disaster's effects. In an interview with the ...
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The Return Of $3 Gas: Another Threat To The Recovery

Posted: November 9, 2010 at 4:59 am

Gasoline prices have hit $2.865 for a gallon of regular, according to the Energy Information Administration. That is up nearly 6 cents in a week and 20% from a year ago. The ...
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Some Repubicans Want To Shut The Government Down

Posted: November 9, 2010 at 4:29 am

Perhaps the Republicans, fresh from their victory at the midterm elections, are looking to settle old scores such as how President Bill Clinton bested House Speaker Newt Gingrich in the ...
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Media Digest 11/9/2010 Reuters, WSJ, NYT, FT, Bloomberg

Posted: November 9, 2010 at 4:01 am

China warned that QE2 could destabilize the global economy. (Reuters) Aol (NYSE: AOL) has tapped Bank of America (NYSE: BAC) to aid it in its pursuit of Yahoo! (NASDAQ: YHOO). ...
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US Releases Largest Broadband Survey: Farmers Don’t Have Internet

Posted: November 8, 2010 at 6:25 pm

The largest ever study of the internet marketplace in America has just been released by the Commerce Department and the US National Telecommunications and Information Administration. The report, called "Exploring ...
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Uranium’s Nuclear Profits (CCJ, URRE, UEC, URA)

Posted: November 8, 2010 at 3:47 pm

Uranium miner Cameco Corp. (NYSE: CCJ) reported third quarter EPS of $0.20 today on revenue of $419 million. Revenue was down -19% from the same period a year ago and ...
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Despite $1,400 Gold, Still Many Gold Laggards (GLD, GDX, GDXJ, AUY, KGC, RGLD, GRS, RBY, NXG, XRA, DROOY)

Posted: November 8, 2010 at 3:14 pm

Gold is hitting record highs now that we are seeing above $1,400.00 per ounce on COMEX.  The translation to all gold producers is that production is that much more profitable.  ...
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