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Monthly Archives: December 2011

South Korea’s Achilles Heel – Energy

South Korea has a market economy which ranks 15th in the world by nominal GDP. But it’s is more fragile than raw statistics indicate, and its prosperity is prognosticated on ...
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AT&T Kills $39 Billion T-Mobile Offer

AT&T (NYSE: T) has ended its quest to buy No.4 US cellular company T-Mobile for $39 billion. It will pay T-Mobile parent Deutsche Telekom a $4 billion break-up fee. The ...
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24/7 Wall St. Closing Bell (TEVA, AKS, AU, MTN, GGP, SHLO, EBF, RHT, WINN, SHIP, ZNGA, JAKK, BAC)

US equity markets opened a bit higher this morning, after futures trading pared early morning gains. Early optimism, however, was not to pan out, following some rather downbeat remarks from ...
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Why Gold Traders Are So Concerned (GLD, GDX, AU, GOLD, ABX)

Asking a technician or chartist about directional movement is often mind-numbing for fundamental investors.  Basing future price movement prediction solely on the past without a care about the underlying fundamentals and ...
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Top 2012 Consumer Stock Picks: Under Armour & Foot Locker (UA, FL)

Canaccord Genuity and other brokerage firms have been publishing their best ideas lists in 2012 for equity investors.  The picks from consumer analyst Camilo Lyon show that the top picks ...
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Busted Zynga IPO Weighs Further On Social Media Shares (ZNGA, GRPN, LNKD, SINA, SOCL, GSVC)

Zynga, Inc. (NASDAQ: ZNGA) is an initial public offering in trouble.  Whether you call it a busted IPO, a broken IPO, or something else is up to you, but the ...
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Bankrate Survey Showing More End of Year Financial Confidence

Bankrate.com has shown today in its December Financial Security Index that Americans are feeling more financial security now compared to any point in the last six months.  This reported index ...
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Kim Jong-il Death Drives Uncertain Korean Trading (EWY, KF, KEF, SKOR, PKX, KEP, SKM, ATK, RTN)

If there is one of several regions which can erupt rapidly, it is around the Korean Peninsula.  The death of Kim Jong-il (that photo is a tribute photo for him) after a ...
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Schnitzer Warning… More Steel Sector Pain Ahead? (SCHN, AKS, X)

Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) is set to report earnings on January 9, 2012, but the company has already telegraphed that the results will be a stinker.  It has ...
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Today’s Best Market Rumors (12/19/2011) Apple TV

Updated throughout the day. Exxon Mobil (NYSE: XOM) may buy Gulf Keystone Petroleum for $10.9 billion (The Independent) Apple (NASDAQ: AAPL) has begun to meet media executives in preparation to ...
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Top Analyst Upgrades & Downgrades (AKS, AU, FTE, GGP, HON, LAZ, PNW, GOLD, TEF, TEVA, TMK, UNFI, URI, MTN, WCG)

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. AK Steel Holding Corporation (NYSE: AKS) Raised to Outperform from ...
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Google Chrome Passes Internet Explorer As Top Browser

Microsoft's (NASDAQ: MSFT) Internet Explorer has been the top browser in the world since the company bought Netscape nearly 15 years ago. Mozilla's Firefox gains modest share over the last several ...
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National Institute of Statistics and Economics Sees French Recession

France is about to fall into a recession according to its statistics bureau-- the National Institute of Statistics and Economics. France is already on a credit watch with negative implications ...
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Amazon’s Most Popular Gifts This Holiday

Amazon.com is the largest e-commerce retailer in the world. In the third quarter of this year the company’s net sales increased 44% to $10.88 billion, compared with $7.56 billion in ...
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Catastrophe in Europe by End of Year?

A de facto collapse of the eurozone may occur before the end of 2011. It is unlikely, but it is possible. This possibility is new and relates to the lack of ability ...
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