Quantcast

Monthly Archives: May 2011

Commodities Watch: The Commodities Flush on Crude; Rare Earths Stumble; Russian Wheat Exports to Resume; Sugar Demand to Rise (MCP, REE, AVL, REMX, NOBGY, RDS-A, CZZ)

Today's commodities news centers on the more than -4% drop in WTI crude oil prices which has led to a broad sell-off in most other commodities.  This was a day ...
Read Full Story »

IPO Watch: FriendFinder Becomes EnemyFinder (FFN)

After some of the IPOs we have seen in recent days, it is no wonder that some investors are scared to play in the realm of IPOs.  Now there is ...
Read Full Story »

Shipping Faces Oversupply, Rising Fuel Costs (AMKBF, DRYS, GNK, DSX, EGLE, EXM)

Danish shipping giant A.P. Moeller-Maersk A/S (OTC: AMKBF) posted profit of $1.22 billion for the first quarter on revenue of about $15.2 billion, both significantly better than the same period ...
Read Full Story »

Full 360-Degree Earnings Preview for Cisco Systems (CSCO)

Cisco Systems, Inc. (NASDAQ: CSCO) is due to report today after the closing bell.  The big issues that the company is fighting besides weaker sales are ongoing restructuring efforts, the tone ...
Read Full Story »

Alternative Energy Watch: Hot and Not Solar Earnings; US Ends Loan Guarantee Programs for Alt Energy; BP Invests in Biofuel Maker (JASO, TSL, ENER, FSLR, SPWRA, ASTI, BP, VRNM)

Today's alternative energy news compares earnings results at two solar PV makers, notes the end of US loan guarantees for alternative energy projects, and looks at another investment in alt ...
Read Full Story »

Dividend Watch: Which Tech Player Will Have the Best Dividend? (INTC, MSFT, MXIM, ISIL, MCHP, DLR)

Intel Corporation (NASDAQ: INTC) was already one of the highest dividend yields in the technology sector.  Intel just again raised its dividend for the second time over the last six ...
Read Full Story »

What Does It Cost? $38,335, The Amount Boston Scientific Paid Its CEO Per Day Before He Prematurely “Retired”

> Amount Paid: $39.6 Million > Days Worked: 1,033 Days > Amount Paid Per Day: $38,335 J. Raymond Elliott, the chief executive of medical device maker Boston Scientific, has announced ...
Read Full Story »

Daily Austerity Watch: Hard Choices For Governors

The forces of austerity are taking it on the chin in state capitals. Pennsylvania Gov. Tom Corbett (R) is facing a revolt by members of his own party over his ...
Read Full Story »

Renren Busted IPO… From Fen-phen to Redrum (RENN)

Renren Inc. (NYSE: RENN) was one where being cautious almost looked and felt silly going into the IPO.  After all, it was supposed to be "The Facebook of China" and ...
Read Full Story »

The $4 Gas Disaster: Public Transportation Rises

AAA Gas Gauge: $3.962 Prices began to inch higher as flood waters in the center of the country and in the Mississippi raised concerns about supply. Crude also rebounded toward ...
Read Full Story »

AIG Shrinks Share Sale… Good News, Bad News (AIG, GM)

American International Group, Inc. (NYSE: AIG) is seeing a mixed reaction this morning to the news that the U.S. Treasury is set to sell about 300 million shares with an ...
Read Full Story »

24/7 Wall St. And Harris Interactive Survey: How Do You Choose To Travel?

24/7 Wall St. & Harris Interactive have teamed up to do a national survey to better understand American travel habits. As one of our informed readers, we would love to hear from you! Please take this opportunity to ...
Read Full Story »

The Twitter-24/7 Wall St. Market Report (5/11/2011) Massive Trade Deficit

Twitter  has, by most estimates, 175 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 Active Trader Alert Stocks (ASML, ASYS, ROVI)

Active traders and day traders have many stocks to choose from this Wednesday morning.  We are tracking news and moves in shares of ASML Holding N.V. (NASDAQ: ASML), Amtech Systems, Inc. (NASDAQ: ...
Read Full Story »

Today’s Best Market Rumors (5/11/2011) Skype Demands, Boston Scientific CEO

Updated throughout the day. Skype demanded $7 billion for its sale to Microsoft (NASDAQ: MSFT) (Bloomberg) Boston Scientific (NYSE: BSX) CEO Ray Elliott was pushed out by the firm's ...
Read Full Story »