Genworth (GNW) Concerns that mortgage insurance company has too much exposure in housing disaster. Down to $3.51 from 52-week high of $32.33. State Street (STT) Concerns about exposure to AIG (AIG) and other portfolio…
Once upon a time, on a trading floor not so long ago… The NYSE Euronext, Inc.(NYSE:NYX) used to implement Trading Curbs that were different than the current Circuit Breakers. This was just when it…
After today’s close we’ll get earnings out of Oracle Corp. (NASDAQ: ORCL). The enterprise and CRM behemoth is expected to post $0.27 non-GAAP EPS on $5.42 Billion in revenues according to First Call. For…
The highly watched CBOE Volatility Index, the VIX or the Fear Index, blew through 30 over recent days faster than one could imagine. Historically 30 is the recent historic level where even the bears…
We are suddenly seeing a meaningful drop in the major custodial banking stocks. State Street Corp. (NYSE: STT) and The Bank of New York Mellon Corporation (NYSE: BK) are the leaders in this group. …
By John Tamny, RealClearMarkets When he was still running Goldman Sachs, current Treasury secretary Henry Paulson would regularly talk to the classes of incoming associates about what kept him up at night. His answer…
A long-awaited move is finally happening. SunPower Corporation (NASDAQ:SPWR) has registered more than 42 million shares of Class B common stock owned by Cypress Semiconductor (NYSE:CY) to be distributed in a spin-off to stockholders.…
Earlier this week in the midst of the American International Group (NYSE: AIG) meltdown we brought up the issue that AIG was about to lose its standing as a member of the prized Dow…
Good news and bad news…. Constellation Energy (NYSE: CEG) has found a buyer. The bad news is that it is a tentative deal that is for a mere $26.50 per share. MidAmerican Energy Holdings…
We have seen three issues so far since yesterday’s close to sell shares of stock and one offering still pending on the calendar for the week. We have seen filings out of Ormat Technologies…
Capstone Turbine Corporation (NASDAQ:CPST) has pulled somewhat of an about-face. The company has registered 21,485,660 shares of common stock and warrants to purchase an additional 6,445,698 shares of common stock in a secondary offering. …
These are some of the early bird analyst calls we are seeing in stocks this Thursday morning which could impact shares: ADTRAN (ADTN) Raised to Outperform at Baird. Advanced Medical Optics (EYE) Started as…
Google (GOOG) told regulators who do not like its program to sell search advertising for Yahoo! (YHOO) to go to hell. Antitrust authorities in the US and EU have expressed concerns that having the…
There are two compelling arguments against suspending short selling completely, even if it is for only a brief period. The first is that a free market allows investors to make money by betting that…
Most Americans think that closing the markets for a day or two is the action of socialists and not an appropriate way to deal with the current credit debacle. Nevertheless, the Russians like the…