If you thought that the mid-single digit billion dollar mergers were safe from being terminated, think again. Huntsman Corp. (NYSE: HUN) is being destroyed in after-hours trading after Hexion Specialty Chemicals announced that it…
Evergreen Solar, Inc. (Nasdaq: ESLR) has rewarded its investors with the announcement that it has signed two new long-term sales contracts valued at approximately $600 million. The agreements are with groSolar in the U.S.…
It used to be that DEFENSIVE STOCKS were the way to go during periods of uncertainty and during times of market sell-offs. But now that isn’t even working out. After we looked at our…
Regions Financial (RF) Another beating for bank stocks. Down to $10.75 from 52-week high of $34.60. SunTrust Banks (STI) More regional bank pain. Drops to $$35.95 from 52-week high of $90.90. Tesoro Corporation (TSO)…
There was an interesting ETF launched today on the NYSE Euronext as a Wind Energy ETF. The First Trust ISE Global Wind Energy ETF (NYSE Arca: FAN) launched today. This index has a criteria…
Today’s IPO activity resembles on of two things: 1) summer isn’t a good time to come pblic, or 2) teh IPO just stinks right now. We had two separate IPO’s come to market in…
Dear Mr. Reed, It is time to eliminate the Gatehouse (GHS) dividend. With the company’s stock at a 52-week low, and down 86% from the period high, Wall St. does not believe that Gatehouse…
Wall St. almost always takes the public proclamations of hedge funds and short sellers with a grain of salt. But, some of the recent negative comments about Lehman Bros. may well have turned out…
Lindsay Corporation (NYSE: LNN) is seeing a severe reaction to its earnings report this morning. In fact, the fallout is hitting competitors rather hard as well. We first noticed this one over in our…
Last week, 24/7 Wall St. listed GM’s (GM) odds of filing Chapter 11 between now and the end of the year at 30 to 1. Wall St. seems to think things are getting worse,…
AMR Corp. (NYSE: AMR) has come out with many projections today in a filing. The company is out at the Merrill Lynch Global Transportation Conference. Second quarter mainline unit revenue is expected to increase…
PricewaterhouseCoopers released it annual media forecast, and perhaps they should have saved their money. Anyone could have guessed the results. According to Reuters, the report says "advertising tied to the burgeoning interest in watching…
Panera Bread Company (NASDAQ: PNRA) is issuing some mixed guidance this morning, although shares are reacting favorably to the news. The company is increasing its second quarter 2008 earnings per diluted share target to…
May ad revenue for The New York Times Company (NYT) was off almost 13%. The company’s properties in Boston, including the Globe had a 17.7% advertising fall-off. Internet revenue for the newspapers grew slower…
The original headlines are showing the huge losses at FedEx Corp. (NYSE: FDX), but this is actually because of charges over at Kinko’s as its reverts to the full FedEx center name and restructuring…