Asia Markets 5/29/2008 (SNP)
Markets in Asia were mixed. The Nikkei rose 3% to 14,124. Nikon was up 5.1% to 3310. Mazda was up 7.3% to 513. The Hang Seng rose .2% to 24,285. China Petroleum (SNP) was…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 240Goldman Sachs SPAC IPO Killed (GS)
Liberty Lane Acquisition Corp. was going to be the first real special purpose acquisition company, or SPAC or blank check company, from Goldman Sachs Group Inc. (NYSE: GS). The key word in there is…
The 52-Week Low Club (ABK)(LCC)(AIG)(WB)(FVRL)(HBAN)
Ambac (ABK) Still dogged by concerns about losses and inadequate capital. Falls to $2.88 from 52-week high of $92.08. US Airways (LCC) Concerns about cost of oil get worse. Drops to $4.06 from 52-week…
10-Year Treasury Yield Back Above 4%
The 10-Year Treasury Note has crossed back above the 4.00% mark today. According to our data, the last time rates flirted with 4.00% on the 10-year treasury note was on May 14, 2008 when…
Immelt Buys $3.5 Million in GE Stock (GE)
Chairman of General Electric Co. (NYSE: GE), Jeff Immelt, has made another vote of confidence in the stock today. In transactions listed with a trade date of TODAY May 28, 2008, the filing with…
Exxon (XOM) Kicks Rockefellers Down The Stairs
Being related, distantly, to the founder of the company which became Exxon (XOM), did not help the Rockefellers. They were at the front of a group of shareholders trying to separate the chairman and…
Costco: Can Earnings Catch Up To Valuations? (COST)
On Wednesday morning we’ll get to see earnings out of upscale warehouse retailer Costco Wholesale Corporation (NASDAQ: COST). The estimates from First Call are $0.65 EPS on $16.3 Billion in revenues. Next quarter estimates…
Law Firms Go After TASER Short Sellers (TASR)
A legal consortium of law firms has just filed suit on behalf of certain shareholders of TASER International Inc. (NASDAQ: TASR). Two Houston-based firms, The O’Quinn Law Firm and Christian Smith & Jewell, and…
Short Sellers Targeting Solar & Alternative Energy (AKNS, ASTI, CSIQ, CPST, ESLR, FTEK, OTTR, SPWR)
The overall short interest on NASDAQ stocks was actually pretty dull from the end of April to Mid-May, or at least that is the case until you go straight into looking at solar stocks…
Short Selling: Trouble Brewing In Online Brokers? (AMTD, ETFC, SCHW)
Short sellers TD Ameritrade Holding Corp.(NASDAQ: AMTD), E*TRADE Financial Corp. (NASDAQ: ETFC), and Charles Schwab Corporation (NASDAQ: SCHW) look like a mixed bag on the surface, but the trends in two of the three…
More Ford (F) Cuts, As Company Disappears To Nothing
The Detroit News says that Ford (F) will cut another 12% of its salaried workforce. Who will keep the books and design the cars? There must be some point at which Ford cannot continue…
Ralph Lauren Signals All Clear Sign (RL)
The worst may have been seen in many of the US apparel makers. At least that is what Polo Ralph Lauren Corporation (NYSE: RL) is trying to communicate on its own operations. The company…
Dow Chemical Hiking Prices Up To 20% (DOW)
It seems that the producers may be getting sick and tired of not being able to pass exponentially rising costs on to customers. This morning, The Dow Chemical Company (NYSE: DOW) has announced that…
Top 10 Pre-Market Analyst Calls (ALSK, AMLN, CX, FTO, NVDA, OVTI, BTU, QSFT, RBS, WBMD)
These are ten of the analyst calls we are focusing on this Wednesday morning: Alaska Communications (NASDAQ: ALSK) Raised to Buy at Banc Of America Securities. Amylin Pharmaceuticals (NASDAQ: AMLN) Raised to Equalweight at…
A Symbol Of Oil’s Problems: Indonesia Leaves OPEC
Indonesia would probably like to remain a member of OPEC, but it is pointless. The country is no longer a net exporter of oil. Needs within the country’s growing infrastructure and increasing use of…