Today’s selling does not look orderly like it has on many other down days this year. The drop is across almost every sector and most widely-traded shares. Much of it is out of proportion…
Navios Maritime Acquisition Corporation (NYSE: NNA.U) has priced its IPO of 22,000,000 units at a price of $10.00 per unit for aggregate gross proceeds of $220,000,000. Each unit represents one share of common stock…
If one ETF for covering the global trend towards wind power wasn’t enough, we have the announcement of a second wind energy ETF. Invesco’s (NYSE: IVZ) PowerShares Capital Management ETF unit has announced the…
Sequenom, Inc. (NASDAQ: SQNM) has priced its public secondary offering of 5,500,000 shares of common stock at a price of $15.50 per share, and underwriters have a 30-day option to purchase up to an…
Xinhua Finance Media Limited (NASDAQ: XFML) has been a troubled stock of late. The Chinese news agency has been plagued with problems, scandal, and controversy almost since day one after its IPO. The company…
Synchronoss Technologies, Inc. (NASDAQ: SNCR) has announced that its ConvergenceNow platform has been selected for the activation and lifecycle management of Time Warner Cable’s (NYSEL TWC) triple play offering for online transactions. While financial…
These are ten of the individual analyst calls we are looking at from Wall Street this Thursday morning: Capstone Turbine Corp. (NASDAQ: CPST) started as Buy at Broadpoint Capital. Check Point Software (NASDAQ: CHKP)…
These are some of the calls in the financial sector that are impacting shares at major financial companies this Thursday morning: Barclays (NYSE: BCS) Raised to Overweight at Morgan Stanley. Citigroup (NYSE: C) downgraded…
The Fed sat still yesterday. It could not decide which was worse, inflation or the slowing economy. It tried to play Solomon and offered to cut the baby in two. It did not see…
Three years ago, rating firms like Moody’s were talking about the chances that one of the "Big Three" automakers might have to file Chapter 11. That seems like a long time ago. The cause…
Wall St. focused on earnings forecasts from Oracle (ORCL) and RIM (RIMM) and thought the numbers were a bit light. That turned traders against the shares of both companies, but that is a mistake.…
Goldman Sachs researchers have decided that Citigroup (C) could lose another $9 billion in the second quarter. The big money center bank does not have that kind of capital on hand. According to Reuters,…
Anheuser-Busch (BUD) is threatened by an InBev takeover like its home city of St. Louis is menaced by the rain-swollen Mississippi. But, BUD took its first step to save itself by rejecting InBev’s $46.3…
According to Reuters, Anheuser-Busch (BUD) will reject a $46.3 billion buy-out from InBev. Reuters writes that Oracle (ORCL) posted strong earnings but its outlook was light. Reuters reports that RIM (RIMM) has an excellent…
Markets in Asia were mixed. The Nikkei fell a fraction to 13,822. Honda (HMC) fell 2.1% to 3750. KDDI fell 2% to 655000. The Hang Seng fell .3% to 22,573, China Netcom (CN) fell…