Quantcast

Posts related to ‘24/7 Wall St. Wire’

Finally A Value Case for SuperValu (SVU)

Posted: April 10, 2012 at 9:16 am

Supervalu Inc. (NYSE: SVU) may be the third largest supermarket chain operator in America, but this one has been down and out before this fresh earnings report.  Shares are surging ...
Read Full Story »

Big Banks Still At Big Discounts To Book Value Before Earnings (BAC, BK, C, GS, JPM, MS, NTRS, STT, STI, USB, WFC)

Posted: April 10, 2012 at 8:10 am

This week will be the start of earnings season as we get to start reviewing some key earnings for first quarter of 2012.  The banking sector is going to be ...
Read Full Story »

Tumi Sets IPO Terms, Another Luxury Goods Coming Public

Posted: April 9, 2012 at 2:23 pm

Luxury baggage maker Tumi Holdings, Inc. has set the terms for its proposed initial public offering.  The company now plans to sell 18,779,865 shares in a price range of $15 to ...
Read Full Story »

Facebook Acquires Instagram… A $1 Billion Waste??? (SFLY)

Posted: April 9, 2012 at 1:18 pm

Facebook is paying $1 billion to acquire Instagram in cash and stock and in a deal which should close in the next 30-days.  The deal is likely to come right before ...
Read Full Story »

Alternative Investing Extreme: Titanic Artifacts Auction Extended (PRXI)

Posted: April 4, 2012 at 4:40 pm

Premier Exhibitions, Inc. (NASDAQ: PRXI) is far from a typical public company and it has been featured by us as one of America's most unusual public companies before.  The company is a ...
Read Full Story »

A Second Look at Trusting the SmartHeat Move (HEAT)

Posted: April 3, 2012 at 1:39 pm

SmartHeat Inc. (NASDAQ: HEAT) is such a small company that you might wonder what to think of a 100% rally in the stock after reporting a loss.  The company sells plate heat ...
Read Full Story »

Pacific Biosciences Files to Raise Capital (PACB)

Posted: April 3, 2012 at 1:10 pm

Pacific Biosciences of California, Inc. (NASDAQ: PACB) has just filed paperwork with the Securities and Exchange Commission to raise up to $150 million in a mixed securities shelf registration statement.  ...
Read Full Story »

Cheering Sears, A Rare Eddie Lampert Media Outing (SHLD)

Posted: April 3, 2012 at 10:24 am

Sears Holdings Corporation (NASDAQ: SHLD) was trading lower on the day, but shares have now spiked up 2% to $68.05 on the day.  The reason is rather unusual and it ...
Read Full Story »

Playing Down Chances of a Sirius-Liberty Takeover (SIRI, LMCA)

Posted: April 3, 2012 at 9:06 am

SIRIUS XM Radio Inc. (NASDAQ: SIRI) shares have been creeping higher in the last couple of days on hope that Liberty Media Corporation (NASDAQ: LMCA) will take the satellite radio ...
Read Full Story »

Astex Gets on the Map (ASTX)

Posted: April 3, 2012 at 8:24 am

Astex Pharmaceuticals, Inc. (NASDAQ: ASTX) is the NASDAQ pre-market leader this morning on news that its subcutaneous SGI-110 interim phase I.II MDS and AML data demonstrated differentiated PK profile and ...
Read Full Story »

Wells Fargo Going After Super High Networth Clients (WFC, JPM, GS, NTRS)

Posted: April 2, 2012 at 3:08 pm

Wells Fargo & Company (NYSE: WFC) has now launched its Abbot Downing financial services that aims to serve the ultra-high net worth sector of wealthy Americans.  The move will instantly ...
Read Full Story »

Yahoo! Activist Investors Launch Recruiting Site (YHOO)

Posted: April 2, 2012 at 12:17 pm

The activist investor attack against Yahoo! Inc. (NASDAQ: YHOO) to better unlock its value is heating up.   Dan Loeb, Harry Wilson, Michael Wolf, and Jeff Zucker have launched the website ...
Read Full Story »

No Credit Upgrade For Warren Buffett’s BNSF Rail Outfit (BRK-B)

Posted: March 30, 2012 at 2:07 pm

Berkshire Hathaway Inc. (NYSE: BRK-B) may have been hoping that a review of the credit ratings of its Burlington Northern Santa Fe railroad unit would be given a credit upgrade.  ...
Read Full Story »

Apple Overly Dominates S&P 500 Performance, Still Lags Some Index Titans (SPY, AAPL, MSFT, XOM, SHLD, BAC, NFLX)

Posted: March 30, 2012 at 9:06 am

Apple Inc. (NASDAQ: AAPL) has one more bit of evidence that it is acting as if it was its own stock index.  Its exceptional share performance is worth a substantial ...
Read Full Story »

Oil & Gas Create Split in Personal Income & Spending Trends

Posted: March 30, 2012 at 8:39 am

The reading for Personal Income and Consumer Spending is now out for the month of February.  Unfortunately, income looks light, while spending is surprising to the upside.  February saw only ...
Read Full Story »