Whenever the ministers to OPEC are asked if there is any chance they will raise oil production, the answer is "no." Yesterday, the president of the cartel, Chakib Khelil, said “Any increase in production…
Unpredictable week for U.S. stocks on mixed earnings reports Wall Street started the week down, on news of an unexpected loss at Wachovia. Tuesday and Wednesday saw U.S. stocks up on better-than-expected earnings reports…
The only good news at Royal Bank of Scotland is that the bad news is not worse. RBS will probably write down another $14 billion and raise as much as $12 billion through a…
There is a fairly widely held theory that moves in the stock market are a good predictor of what will happen in the broader economy two quarters later. The Shanghai Composite, the largest measure…
It is not uncommon during a serious recession for the shares of many public companies to drop. 24/7 Wall St. has assumed, for the purpose of finding stocks which could rise sharply, that the…
Clean Harbors Inc. (NASDAQ: CLHB) announced a 2.5 million share follow-on common stock offering after market close in an SEC Filing last night. Goldman Sachs is the underwriter for the offering and is granted…
Meritage Homes Corporation (NYSE: MTH) priced offering of 4 million common shares at $20.50 per share after market close yesterday. The proceeds to the homebuilder from the $82 million offering will be used for…
Teekay LNG Partners (NYSE: TGP) priced its follow-on offering of 5million common shares at $28.75 each. The $143 million offering will be used torepay outstanding balances on a revolving credit facility that funded vesselacquisitions.…
American Campus Communities (NYSE: ACC) priced its public offering of 8 million shares of common stock at $28.75 per share. The underwriters, Merrill Lynch, KeyBanc Capital Markets, Deutsche Bank Securities, and JP Morgan, are…
Epocrates Inc. submitted an SEC filing to come public via an IPO Thursday night. The filing shows a proposed maximum aggregate offering price of $75 million, although this number is for filing purposes only.…
BGC Partners (NASDAQ: BGCP), formerly eSpeed, has made a shelf filing with the SEC. It intends to offer up to $460 million additional Class A Common Stock. Interestingly enough, the he global inter-dealer broker…
VeriFone Holdings, Inc. (NYSE: PAY) made an SEC filing showing that its wholly owned subsidiary, VeriFone, Inc., has scheduled a meeting with the lenders party to its Credit Agreement that was dated as of…
On Monday, Don Turkleson, SVP & CFO of Cheniere Energy inc. (AMEX: LNG) owned 573,163 shares of common stock in the company. As of now, he owns 147,063. He sold 426,100 shares for what…
An SEC Filing this morning shows activists are going to go after Wendy’s International Inc. (NYSE: WEN) with a little more publicity than mere private letters. Trian Fund Management, L.P., Triarc Companies, Inc. (NYSE:…
These are not all of the analyst calls affecting shares, but these are the initial calls we are focusing on early this Friday morning: Alliance Data Systems (NYSE: ADS) Raised to Buy From Neutral…