What’s Up At Stamps.com? (STMP)
It’s always interesting to peruse the 52-week highs and lows for trading ideas. Sometimes you see some head-scratchers and sometimes you get Eureka. A review of the highs today showed a more than interesting…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 233The 52-Week Low Club (ABK)(MBI)(BAC)(JAVA)(IDEV)
Indevus Pharmaceuticals (IDEV) Bad news on drug trial. Falls to $1.21 from 52-week high of $8.22. Ambac (ABK) Possible downgrade by Moody’s. Drops to $2.45 from 52-week high of $89.33. MBIA (MBI) Same downgrade…
RIM (RIMM) Beats Apple (AAPL) In Smartphone Survey
According to the latest data from Changewave, Research-In-Motion (RIMM) is running away with the US smartphone market. The research firm’s May survey was based on data from 2,049 respondents involved with IT spending. The…
Exchanges And Financial Websites Battle Over Real-Time Quotes
Yahoo! (YHOO) Finance began to offer real-time stock quotes recently. It got around the huge fees changed by NYSE and Nasdaq by pulling the data from the Bats ECN, an electronics exchange that handles…
Verizon, Alltel, TPG and Goldman Sachs (VZ, GS, T, VOD)
Alltel may soon be acquired by Verizon Communications Inc. (NYSE: VZ), according to a breaking news report from CNBC‘s David Faber. Faber just noted that the companies are in advanced talks to acquire the…
Jos. A. Bank Earnings Send Shorts Scrambling (JOSB)
JoS. A. Bank Clothiers, Inc. (NASDAQ: JOSB) has just announced its quarterly earnings report for its Q1-2008. Earnings rose by 18% to $0.53 EPS, compared to $0.45 EPS for Q1-2007 and compares to First…
Moody’s Review of Insurers Saps Market Gains (MBI, ABK, MCO, MHP, BRK/A)
MBIA Inc. (NYSE: MBI) and AMBAC Financial Group Inc. (NYSE: ABK) are actually responsible for taking back some of today’s market gains. Actually, it is Moody’s Corp. (NYSE: MCO) that is responsible for this. …
Lear Follows Autos, Lowers Targets (LEA)
Lear Corporation (NYSE: LEA) has just lowered its guidance this morning based upon announced revisions of industry forecasting services and others which have announced downward revisions in their estimates for 2008 North American vehicle…
Explanation of Level 3 Communications Volume & Price Surge (LVLT)
It has been hard to not notice the movement and trading activity in Level 3 Communications Inc. (NASDAQ: LVLT). This set up an alert for us over at VOLUME SPIKE earlier this morning and…
Chimera Going For More Capital (CIM, NLY)
Chimera Investment Corporation (NYSE: CIM) has filed with the SEC to raise up to $345,000,000 in new capital via the sale of common stock. Concurrent with this offering, the company will sell shares of…
SPAC One Step Closer to First Acquisition (GGA, GS)
GCA Acquisition (AMEX:GGA) has received anti-trust clearance related to its proposed $1.3 billion purchase of merchant power generator Complete Energy. Complete Energy owns two natural-gas-fired combined-cycle power plants: the 1,022-megawatt La Paloma plant near…
With No US Investors, Sovereigns Get Ready To Pour More Cash Into Financials (C)(MER)
If US financial companies go shopping for more cash as the credit crisis drags on, Kuwait wants the world to know it has a big bank account. A good deal might just pull some…
Smucker & Folgers: Sweet Caffeine (SJM, PG)
The J. M. Smucker Company (NYSE: SJM) and The Procter & Gamble Company (NYSE: PG) Folgers unit have confirmed yesterday’s reports that the two companies are going to merge. The Folgers coffee business was…
Downgrading The Towers Sector (AMT, CCI, SBAC)
RBC Capital Markets has issued a downgrade of the cellular and mobile tower sector this morning, which looks like it will weigh somewhat on the shares in the group. Its prior weighting was "Outperform"…
Top 10 Pre-Market Analyst Calls (BMY, MAR, MS, NRG, OMRI, SNCR, TRMB, TSN, MTN, XNPT)
These are ten of the analyst calls we are focusing on this Wednesday morning in pre-market trading: Bristol-Myers (NYSE: BMY) cut to Neutral at Cowen. Marriott (NYSE: MAR) cut to Perform at Oppenheimer. Morgan…