Daily Archives: February 2, 2012

Dallas Fed Chief–FOMC Forecasts “Pure Guesses”

It is getting rough in the corners at the Fed. More of the central bank's members are acknowleging that they believe recent forecasts which extend well into 2014 cannot possibly ...
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The Facebook Halo-Effect Lifts All Social Players (SOCL, IPG, GS, MSFT, LNKD, ZNGA, FFN, GSVC)

The social media hype around the Facebook IPO is driving many shares in the sector of online social media.  Some of the Halo-effect may not even be deserved, and this ...
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More Troubles & Credibility Issues After Acme Packet Earnings (APKT)

Acme Packet, Inc. (NASDAQ: APKT) was having a good day on its own with a 6% gain, but light revenues are gutting the stock.  The company's revenues were light against ...
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More Fun Facts About Facebook…And, Why It Isn’t No.1 In China

There has been enough nonsense published about Facebook in the last few days to go to the Moon and back again a hundreds times. Here's some more, from online research ...
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Vertex Outlines 2012 Sales Expectations (VRTX)

Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) is trading lower after earnings, but this may be due more to a give back from big gains this week and it may be a headline ...
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24/7 Wall St. Closing Bell (DELL, EW, AKS, STLD, BRCM, GMCR, EDMC, NDAQ, QCOM, BZH, BSX, BCO, DO, LEA, MRK, TTWO, VIAB, ZNGA, MNOV, RGDX, BIOS, URG)

All three major US stock indexes opened higher this morning, and spent the rest of the day bouncing around the neutral line. The reports from retailers on same-store sales in ...
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Corporate Bond War: Quality Trumping Junk (LQD, JNK)

The world of high-yield corporate bonds and the world of investment-grade corporate bonds may be nearing another near-term inflection point.  Many retail investors have to go find yield elsewhere outside ...
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Is the Move in StemCells Trustworthy? (STEM)

StemCells, Inc. (NASDAQ: STEM) is seeing a rather favorable reaction to an FDA trial approval today.  The question to ask is if the move is justified.  The exact news is a ...
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At Green Mountain… Options, Shorts, and Charts Trumped Earnings (GMCR, NFLX)

Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) was mixed enough in the earnings report that you might have been scratching your head as to how the reaction would have been ...
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Two Housing Earnings, Two Trends (BZH, PHM, XHB)

Beazer Homes USA, Inc. (NYSE: BZH) and PulteGroup, Inc. (NYSE: PHM) are seeing two different reactions after earnings.  Beazer's recent order growth came at a price against margins.  It had 31% ...
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South African Platinum Mine Fires 17,200 Workers

South African platinum miner Impala Platinum Holdings Ltd. has fired 17,200 of its approximately 46,000 workers at its Rustenberg mine following a court ruling that a strike by the workers ...
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Amazon Buys Teacher-Student Marketplace (AMZN, AAPL)

An exclusive story at Geekwire reports that Amazon.com (NASDAQ: AMZN) has acquired TeachStreet, a five-year old startup that matches teachers and students in an online marketplace. No acquisition price was ...
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Investment Bankers at Barclays to Get Pay Cut (BCS, C, MS, CS, DB)

The 24,000 employees of Barclays plc (NYSE: BCS) can look forward to an announcement next week that they will be getting a cut of 25%-30% in the compensation this year. ...
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MasterCard Rises on Revenues, EPS (MA, V, BAC, JPM, WFC, COF)

Credit card giant MasterCard Inc. (NYSE: MA) reported fourth quarter adjusted EPS of $4.03 on revenue of $1.72 billion. Consensus estimates called for EPS of $3.92 on $1.73 billion in ...
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Baltic Dry: The Death Of An Index (SEA, DRYS, SFL, NAT)

Just what does a cratering Baltic Dry Index mean?  Frankly, it looks and acts as though it is signaling the next recession is here already rather than signaling that it ...
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