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Posts for Ticker ‘SI’

Transportation Companies Expect Huge Stimulus Windfall

New research indicates that transportation companies will benefit the most from the government’s huge stimulus investment in infrastructure. According to a new ChangeWave survey of 313 people who work for companies involved with infrastructure projects done between September 29 and October 5, alternative energy will be that other sector that will do well because of federal investment in new products.

Fifty-six percent of those surveyed believe that
transportation infrastructure will see the largest benefit and 43% picked alternative energy projects. The poll also noted that water infrastructure has experienced the largest increase since the previous survey in March — jumping 10 points to 21%. Read More »

Posted on: November 17, 2009 – 5:59 am in Alternative Energy, Green Biz, Infrastructure, CAT, FLR, GE, JCI, SI

The Layoff Culture Lives On

Economists still expect layoffs in the US and Europe to slow as the recovery gains momentum. Pessimists among experts on GDP growth and job losses believe that the major risk of a double-dip recession is that unemployment will keep rising well beyond the middle of next year. Read More »

Posted on: November 4, 2009 – 4:42 am in Editor's Picks, Mergers and Buy Outs, CIT, HBC, JNJ, KFT, NOK, RBS, S, SI, TWX

Bankruptcy in Wind Turbine Maker Highlights Sector Risks (GE, SI, ZOLT, OTTR, BWEN)

Wind energy is supposed to be one of the key puzzle pieces in the quest to get off the dependence of foreign energy sources. Yet a fairly disturbing story from the Daily Camera in Boulder. Colorado last night highlighted how all the federal grant money and all the alternative energy money in the world will still not be enough to keep every player alive. Entegrity Wind Systems Inc. is a Canada-based wind turbine manufacturer that has based some operations in Boulder, CO. And now the company has gone bankrupt. In now way will this kill the efforts and ambition of the two giants in the U.S.: General Electric Co. (NYSE: GE) and Siemens AG (NYSE: SI). It might even be good news for the giants as one less future competitor may be gone. However, it does highlight at least some of the potential risks and ongoing risks for three smaller companies:

Posted on: October 27, 2009 – 11:33 am in Alternative Energy, Bankruptcy, Green Biz, BWEN, GE, OTTR, SI, ZOLT

Today’s Best Market Rumors (10/15/2009) (ERTS)(CLWR)(MSFT)(ARUN)(GS)(LAZ)

Updated throughout the day.

Updated 2.15 PM: Electronic Arts (NASDAQ:ERTS) may buy social game business Playfish for $250 million. (Business Insider)

Updated 1:40 PM EST: CKX Inc. (NASDAQ: CKXE) refuting reports that it is selling stock (VSInvestor.com)

Updated 11.50 AM EST: Shares in J. Sainsbury, the UK supermarket chain, ran up on rumors that the Qatari sovereign wealth fund is interested in increasing its 26% stake in the firm. (MarketWatch)

Updated 11.10 AM EST: Clearwire (NASDAQ:CLWR) may get a large investment from partner Sprint (NYSE:S) (Barron”s)

eBay (NASDAQ:EBAY) division Skype may buy Gizmo5 for $50 million (TechCrunch)

The family of deceased Larard (NYSE:LAZ) CEO Wasserstein may sell New York Magazine. (NYPost)

Shares of Goldman Sachs (NYSE:GS) are down because earnings missed Wall St. “whisper” numbers (ClusterStock)

Apple (NASDAQ:AAPL) may build an FM tuner into iPods and iPhones so that users can buy music they listen to on the radio through iTunes. (9 to 5 Mac)

Aruba Networks (NASDAQ:ARUN) may be for sale. Alcatel-Lucent (NYSE:ALU), Siemens (NYSE:SI), Juniper (NASDAQ:JNPR), and IBM (NYSE:IBM) are considered possible buyers. (Barron’s)

Acer may overtake Dell (NASDAQ:DELL) as the No. 2 PC maker in the world. (Digital Daily)

Google (NASDAQ:GOOG) may launch an online bookstore which could provide competition to Amazon’s (NASDAQ:AMZN) Kindle. (Reuters)

Apple is planning to planning to take advantage of the launch of Microsoft (NASDAQ:MSFT) Windows 7 to sell Macs (BusinessWeek).

Apple’s Steve Jobs may be more popular than Jesus. (Fortune)

GM may make a financial rescue of its Korean Daewoo Auto & Technology Center.

Douglas A. McIntyre

Posted on: October 15, 2009 – 9:10 am in Rumors, AAPL, AMZN, ARUN, CLWR, DELL, EBAY, ERTS, GOOG, GS, IBM, JNPR, LAZ, MSFT, S, SI

52-Week High Club

Conseco Inc (NYSE: CNO) rallied 30% to a yearly high of $6.50 on news that Paulson & Co. had taken a large stake in the company as well as on news that the company had entered into an agreement to sell roughly $293 million in convertible notes.

J P Morgan Chase & Co. (NYSE: JPM) rose to a yearly high of $47.47 reporting strong earnings results.

Anheuser-Busch InBev SA (NYSE: BUD) rose over 4% to a yearly high of $49.91 on news that the company had successfully sold $5.5 billion in debt.

Siemans AG (NYSE: SI) rose over 5% to a yearly high of $103.08 after the company announced outsourcing contracts with University of Pennsylvania Health System, Ernst Klett AG, and Ziggo in the Netherlands.

Garrett W. McIntyre

Posted on: October 14, 2009 – 4:23 pm in Banking, Earnings, Financial Stocks, Food, Telecom, BUD, CNO, JPM, SI

Siemens Shows Wind Energy is Alive (SI, DUK, BAM, GE, ZOLT, BWEN)

Siemens AG (NYSE: SI) is showing that wind energy is not as dead as many might have you believe. This morning the company issued a press release showing that wind power orders are still possible. The company said that it had been awarded 6 new wind turbine orders in just the last month that come to more than $900 million in orders. While this is not exactly breaking news that will influence a quarter or a year, it shows that there is still some appetite out there for wind power that could help other wind power players domiciled in the U.S.

Posted on: October 13, 2009 – 11:30 am in Alternative Energy, Conglomerates, Green Biz, Utilities, BAM, BWEN, DUK, GE, SI, ZOLT

Media Digest 9/25/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters: The G20 is taking center stage in the new economic world order.

Reuters: Bank losses from large syndicated loans will hit $53 billion this year.

Reuters: One Fed governor said the agency may have to hike rates soon.

Reuters: Small businesses say that the US economy is improving. Read More »

Posted on: September 25, 2009 – 3:55 am in Press Digest, GOOG, HPQ, MS, RIMM, SI

Media Digest 9/15/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters: China say data show the US tire tariffs are unfair.

Reuters: A Fed policy debate has begun now that the recession is over.

Reuters: The world’s wealth is down 11% and the number of millionaires has fallen

Reuters: A pact between Bank of America (BAC) and the SEC was killed in court. Read More »

Posted on: September 15, 2009 – 4:04 am in Press Digest, ADBE, AIG, BAC, GOOG, HPQ, INTC, INTU, LLY, MSFT, SI, YHOO

Media Digest 7/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters: Smart investors are starting to cherry- pick stocks.

Reuters: California may agree on a budget to stop using IOUs.

Reuters: Some stock funds are still making up for lost ground.

Reuters: The US housing market may be in early recovery.

Reuters: US unemployment spiked in June. Read More »

Posted on: July 3, 2009 – 3:58 am in Press Digest, BA, DISH, GOOG, JNJ, ORCL, SI, TIVO, TRP

Good News For GE (GE): Siemens See Stimulus Revenue

It should be considered significant good news for GE (GE) that Siemens (SI) says its revenue from global stimulus packages would be huge. According to Reuters, the conglomerate claims that it expects new orders due to efforts to improve the economy to be close to $31 billion. Much of this money will be spent on so-called “green” initiatives. Read More »

Posted on: June 22, 2009 – 5:27 am in Conglomerates, GE, SI

Media Digest 6/22/2009 Reuters, WSJ, NYTimes, FT, Bloomberg.

Reuters: Airlines are cutting back on first class seating.

Reuters: Xstrata wants merger talks with mining rival Anglo American.

Reuters: Employers are cutting 401 (K) plans.

Reuters: Brand loyalty is being hurt by the recession.

Reuters: The children of baby boomers may help the US housing market. Read More »

Posted on: June 22, 2009 – 2:55 am in Autos, Banking, Conglomerates, Drug companies, Emerging Markets, Housing, Mergers and Buy Outs, Oil & Gas, Press Digest, AAPL, BAC, C, CS, GOOG, GS, HPQ, JPM, MS, NFLX, NYX, ORCL, SAP, SI, UBS, WFC, WPO

Media Digest 5/18/2009 Reuters, WSJ, NYTime, FT, Bloomberg

Reuters: Small businesses are having trouble finding financing.

Reuters: VW has stopped tie-up talks with Porsche.

Reuters: The US budget chief says there are signs the economic free fall is over.

Reuters: Central banks may need more power to maintain stability. Read More »

Posted on: May 18, 2009 – 2:54 am in Analyst Calls, Autos, Banking, China, Conglomerates, IPOs, Labor & Unions, Media, Oil & Gas, Press Digest, Research, auto, AIG, BIDU, GM, GOOG, HD, LOW, SI, T, TM, UBS

Medicare Shoots Down Virtual Colonoscopy Reimbursement (GE, SI)

Today was a big day for the world of colonoscopies and the battle in detecting colon cancer and polyps. The Center for Medicare and Medicaid Services issued a final decision that Medicare would not cover the reimbursement for virtual colonoscopies. This is a blow for the medical imaging sector, particularly for leaders such as General Electric Co. (NYSE: GE) and Siemens AG (NYSE: SI). This is also a blow in the battle for detecting of polyps or early stages of colon cancer.
Read More »

Posted on: May 12, 2009 – 4:26 pm in Medical, GE, SI

Media Digest 4/30/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Bank of America (BAC) shareholders voted to separate the chairman and CEO roles and Ken Lewis was replaced as chairman.

Reuters reports that talks to keep Chrysler out of Chapter 11 are on the rocks.

Reuters reports that the Fed sees the economic downturn easing. Read More »

Posted on: April 30, 2009 – 2:51 am in Autos, Banking, Consumer Electronics, Corporate Governance, Earnings, Earnings Warning, Economy, Labor & Unions, Management Change, Oil & Gas, Press Digest, Shareholder Issues, Technology, Telecom, AAPL, BAC, BKC, GM, IBM, INTC, MS, Q, SAP, SBUX, SI, STT, TWX, V

Nortel Unit Interest: Adding Insult To Injury (NTRLQ, NOK, SI)

Nortel Networks Corp. (OTC: NRTLQ) may be adding some insult to serious injury. Shares surged today, by a huge percentage basis on merely a few cents move, after the WSJ reported yesterday that a Nokia Corp. (NYSE: NOK) and Siemens AG (NYSE: SI) joint venture may be interested in acquiring some of Nortel’s assets. Recent reports show that the company’s carrier network and its wireless research units are being auctioned. That is also after rumors of its business communications units getting interest from potential buyers in recent weeks.

Posted on: April 8, 2009 – 4:00 pm in Law, Management Change, Mergers and Buy Outs, Shareholder Issues, Technology Companies, Telecom, Turnarounds, NOK, NTRLQ, SI

Media Digest 1/27/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, American Express (AXP) earnings dropped 72% but still beat expectations.

Reuters writes that Geithner was confirmed to be Treasury Secretary.

Reuters reports that people lost confidence in business globally in 2008.

Posted on: January 27, 2009 – 4:01 am in Press Digest, AIG, AXP, BAC, C, CAT, DOW, FNM, FRE, HD, IBM, MCD, NFLX, PFE, S, SI, TXN, VMW, WYE

Top Pre-Market Analyst Downgrades (MDRX, AAUK, EBAY, HNZ, SOLR, ITG, NVO, SI, SCR, PCU, STP, VISN)

These are most of the general analyst calls we have seen with downgrades or negative implications this Wednesday morning in the early pre-market trading hours:

Allscripts-Misys (NASDAQ: MDRX) Cut to Neutral at UBS.
Anglo American (NASDAQ: AAUK) Cut to Hold at Citigroup.
eBay (NASDAQ: EBAY) Started as Sell at Collins Stewart.
HJ Heinz (NYSE: HNZ) Cut to Market Perform at Bernstein.
GT Solar (NASDAQ: SOLR) Started as Buy at Kaufman Brothers.
Investment Tech (NYSE: ITG) Cut to Sell at Goldman Sachs.
Novo-Nordisk (NYSE: NVO) Cut to Sell at Citigroup.
Siemens (NYSE: SI) Cut to Neutral at Merrill Lynch.
Simcere Pharmaceutical Group. (NYSE: SCR) Cut to Neutral at Goldman Sachs.
Southern Copper (NYSE: PCU) Cut to Sell at UBS.
Suntech Power (NYSE: STP) Cut to Underperform at FBR.
VisionChina Media (NASDAQ: VISN) Cut to Perform at Oppenheimer.

There were also many financial downgrades and some downgrades specific to the oil patch this morning as well. As you can see by the few upgrades noted earlier, the pace of downgrades is still greatly exceeding upgrades.

Jon C. Ogg
January 14, 2009

Posted on: January 14, 2009 – 8:03 am in Analyst Calls, AAUK, EBAY, HNZ, ITG, MDRX, NVO, PCU, SCR, SI, SOLR, STP, VISN

China: No Joy In Being World’s No.3 Economy

China reworked its 2007 GDP growth numbers and that put it ahead of Germany in total GDP, making it the third largest economy in the world. The revision seems a little out of the ordinary coming over a year after 2007, but why question it? By the end of the recession China may have even dropped a few places.

Posted on: January 14, 2009 – 5:35 am in China, SAP, SI

Media Digest 12/15/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, there may be another bubble in commodities prices.

Reuters reports that the recession is hurting Japan’s economic sentiment and China’s industrial output.

Reuters writes that Bush said the auto bailout is not ready.

Reuters reports that total loss in home value in 2008 is more than $2 trillion.

Posted on: December 15, 2008 – 4:01 am in Press Digest, CHTR, ERTS, FNM, GE, GOOG, GS, HBC, KO, SI, TTWO, WMT

Media Digest 12/5/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, car company executives went before Congress and pleaded for billions of dollars.

Reuters reports that governments are bracing for a long crisis ahead.

Reuters reports that Paulson says the financial bailout still faces hurdles.

Reuters writes that oil is steady below $44.

Posted on: December 5, 2008 – 3:47 am in Press Digest, AIG, AMD, BA, GM, MER, MSFT, NOK, RTP, SI, T, TOL, VIA, YHOO

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