Short Sellers Exit Apple (AAPL)
Maybe some of the investors short Apple (NASDAQ: AAPL) figured the company would have a good quarter. Shares sold short in the consumer electronics firm fell 3.8 million shares to 18.4 million shares. The…
Maybe some of the investors short Apple (NASDAQ: AAPL) figured the company would have a good quarter. Shares sold short in the consumer electronics firm fell 3.8 million shares to 18.4 million shares. The…
David Herro, Harris Associates’ chief investment officer, recently said that he loves Dell (NASDAQ:DELL) as an long-term buy. A lot of short sellers don’t see it that way. The short interest in Dell rose…
The short position in Sun Microsystems (NASDAQ: JAVA) is moving up, For April 15, it jumped by 6.0 million shares to 33 million. The was the sixth largest move up among all stocks traded…
Starbucks (NASDAQ: SBUX) has become a short seller’s dream. Shares sold short in the company moved up by 4.9 million to 39.8 million on April 15 compared to the figures on March 30. Those…
Short sellers have fallen in love with Sirius Satellite (NASDAQ: SIRI). Actually, they were already in love. It has moved to infatuation. The short interest in SIRI sky-rocketed for the period ending April 15…
Vonage Holdings Corp. (NYSE: VG) has signed a non-binding letter of intent with "a third party financing source" to provide $215 million in a private debt financing. The company noted that about two-thirds of…
Hatteras Financial Corp. (NYSE: HTS) has priced its initial public offering of 10 million common shares and should open shortly after the open this Friday morning. The offering priced at $24.00 per share, which…
Hansen Natural Corporation (NASDAQ:HANS) has announced a new share buyback program for up to $200 million of its own common stock. The Board of Directors has thus terminated the previous stock buyback plan that…
Oppenheimer has initiated coverage of the down and out US-ethanol sector, and the group was given a lackluster "Perform" rating. "Perform" ratings have been assigned to Aventine Renewable Energy (NYSE: AVR), Pacific Ethanol (NASDAQ:…
These are ten of the top calls we see affecting shares this Friday morning in the early pre-market trading hours: Aetna (NYSE: AET) raised to neutral at Credit Suisse. Baidu.com (NASDAQ: BIDU) raised to…
AirTran Holdings Inc. (NYSE: AAI) has priced $65 million a 5 1/2% convertible Senior Notes due 2015. The company is also given underwriters a 30 day overallotment option for $9.75 million additional in notes. …
Analysts hung crepe for hours after Microsoft (MSFT) announced it quarterly results. Revenue did not grow enough and earnings were light. Sales were actually down at the company’s three huge divisions: client, servers, and…
The prevailing wisdom is that oil prices will keep rising. One CIBC analyst recently said it will hit $200 by 2010, driving US gasoline prices to $7. The Brazilians say they will rescue us…
CNN commentator Jack Cafferty is a insolent fellow. He commented about the Chinese saying "They’re basically the same bunch of goons and thugs they’ve been for the last 50 years". Nice touch. Cafferty was…
According to Nasdaq data for the period ending April 15, short sellers moved aggressively out of tech shares. The figure compare with those posted on March 31. The short interest in Microsoft (MSFT) fell…