Optimer Pharmaceuticals, Inc. (NASDAQ" OPTR) has filed an open shelf registration last night with the SEC that will allow it to sell up to $100 million in any of the following types of securities: …
There is a new ETF that has launched and it is geared for US investors to invest in Israel. iShares MSCI Israel Capped Investable Market Index Fund (NYSE: EIS) seeks to track the MSCI…
There is a new ETF that has launched and it is geared for US investors to invest in Turkey. iShares MSCI Turkey Investable Market Index Fund (NYSE: TUR) seeks to track the MSCI Turkey…
There is a new ETF that has launched and it is geared for US investors to invest in Thailand. iShares MSCI Thailand Investable Market Index Fund (NYSE: THD) was designed to track the MSCI…
Starbucks (NASDAQ: SBUX) has been a disappointment recently. Same-store sales in the US slowed over the last couple of quarters. The company pushed down its guidance. Founder Howard Schultz kicked out his CEO and…
Fremont General Corporation (NYSE: FMT) has received a regulatory letter from the Federal Deposit Insurance Corporation, of the FDIC, with an order to recapitalize itself. Fremont does business primarily through its wholly-owned bank subsidiary,…
J. C. Penney Company, Inc. (NYSE:JCP) has just revised its sales and earnings guidance for the first quarter. Of course it is to the downside. The guidance reflects incremental weakness in the consumer spending…
Chesapeake Energy Corporation (NYSE: CHK) has priced a public secondary offering of 20 million shares of common stock at $45.75 per share. Before any overallotments and before fees, the net proceeds of this deal…
Maguire Properties (NYSE: MPG) announced that it is finalizing its review of strategic alternatives for preserving and enhancing value for stockholders. The review no longer includes an active pursuit of selling the company to…
These are the top analyst calls we are looking at this Friday morning: Apartment Investment (NYSE: AIV) Cut To Neutral From Buy at UBS. Bed Bath & Beyond (NASDAQ: BBBY) Cut To Underweight from…
In 1968, there was a sad little man on the popular TV show "Laugh In" who ran for president. His name was Pat Paulsen. He probably did not get any votes. Whatever he policies…
Markets in Europe were slightly higher at 6.10 AM New York time. The FTSE rose .2% to 5,730. BHP Billiton (BHP) was up 1.9% to 1501. British Airways was off 3.3% to 239. The…
There was a great deal of hope expressed as oil moved back to $100 last week. It is laughable that people would be excited about $100 oil, but crude had moved over $110. The…
It is only a matter of time before some big American companies sue the banks and brokerages that ran the auction-rate markets. Their case will be that, in a market which has operated since…
Part of the plan to fix the mortgage crisis is for Fannie Mae (FNM) and Freddie Mac (FRE) to buy more debt securities. To do that, they will need more capital, perhaps as much…