Major Tech Earnings Upon Us (AAPL, AMZN, MSFT, YHOO)
This is going to be an extremely busy week for earnings in all industries, but tech investors will have a foursome that they will be watching ever so closely. These four are Apple Inc.…
Archive
Month: April 2008
All Month: April 2008 Articles
Newest first · Page 16The Market Rally Everyone Wanted Can’t Be Sustained (JPM)(ORCL)(IBM)(AAPL)(MER)(RIMM)(BIDU
Wall St. wanted some sign that the the recession might not be pulling the economy under for the next four or five quarters. Some investors still have hopes that the downturn will not be…
Has Barron’s Humiliated Itself With “Top Advisers List” (MS)(MER)(JPM)(UBS)
Once a year, Barron’s publishes its "The Top 100 Financial Advisers List." Much of the research for the article is done by an outfit known as "Winner’s Circle", based in Boca Raton. Most of…
As OPEC Holds Production, Oil Moves Toward $150
Whenever the ministers to OPEC are asked if there is any chance they will raise oil production, the answer is "no." Yesterday, the president of the cartel, Chakib Khelil, said “Any increase in production…
This week on Stockhouse April 14 – 18
Unpredictable week for U.S. stocks on mixed earnings reports Wall Street started the week down, on news of an unexpected loss at Wachovia. Tuesday and Wednesday saw U.S. stocks up on better-than-expected earnings reports…
RBS May Write-Down $14 Billion
The only good news at Royal Bank of Scotland is that the bad news is not worse. RBS will probably write down another $14 billion and raise as much as $12 billion through a…
China’s Stock Market Down By Half, Economy Is Next
There is a fairly widely held theory that moves in the stock market are a good predictor of what will happen in the broader economy two quarters later. The Shanghai Composite, the largest measure…
Stocks Which Could Double In Recession: An Industry Overview
It is not uncommon during a serious recession for the shares of many public companies to drop. 24/7 Wall St. has assumed, for the purpose of finding stocks which could rise sharply, that the…
Clean Harbors Rallies Despite Share Offering (CLHB)
Clean Harbors Inc. (NASDAQ: CLHB) announced a 2.5 million share follow-on common stock offering after market close in an SEC Filing last night. Goldman Sachs is the underwriter for the offering and is granted…
Meritage Secondary Discounted (MTH)
Meritage Homes Corporation (NYSE: MTH) priced offering of 4 million common shares at $20.50 per share after market close yesterday. The proceeds to the homebuilder from the $82 million offering will be used for…
Teekay LNG Partners Slides on Offering (TGP, TK)
Teekay LNG Partners (NYSE: TGP) priced its follow-on offering of 5million common shares at $28.75 each. The $143 million offering will be used torepay outstanding balances on a revolving credit facility that funded vesselacquisitions.…
American Campus Communities Rises On Share Sale (ACC)
American Campus Communities (NYSE: ACC) priced its public offering of 8 million shares of common stock at $28.75 per share. The underwriters, Merrill Lynch, KeyBanc Capital Markets, Deutsche Bank Securities, and JP Morgan, are…
IPO FILING: Epocrates Inc. (EPOC)
Epocrates Inc. submitted an SEC filing to come public via an IPO Thursday night. The filing shows a proposed maximum aggregate offering price of $75 million, although this number is for filing purposes only.…
BGC Partners Unloading Stock (BGCP)
BGC Partners (NASDAQ: BGCP), formerly eSpeed, has made a shelf filing with the SEC. It intends to offer up to $460 million additional Class A Common Stock. Interestingly enough, the he global inter-dealer broker…
VeriFone Seeks Credit Waivers (PAY)
VeriFone Holdings, Inc. (NYSE: PAY) made an SEC filing showing that its wholly owned subsidiary, VeriFone, Inc., has scheduled a meeting with the lenders party to its Credit Agreement that was dated as of…