An Energy User’s Guide To The Universe
Oil prices are at $100 and may go higher. OPEC says that is because of speculators driving the prices up. The US government says it is supply. Over time, supply wins the argument. At…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 346The Election Gets Bad For The Stock Market
Since the next President will not sit in his or her office until next January, there is little that person can do, directly at least, about the current economic crisis. Many, if not most,…
Big Banks: What To Do When The Money Runs Out
Ill-timed remarks by Sameer Al Ansari, chief executive of Dubai International Capital hurt Citigroup’s (C) shares yesterday. The man said that Citi would need more capital and that it might not be available from…
OPEC Set To Keep Oil Output Flat
It now appears that OPEC will not lower production despite the entreaties from the US and other big oil consuming countries. OPEC ministers said that rising prices had little to do with supply. They…
GM (GM) CEO Loses His (Real) Job
GM (GM) CEO Rick Wagoner got kick upstairs to the realm of the Zeppelin pilots yesterday. The company said that he did not lose any of his authority, but it put in a new…
Apple (AAPL): Steve Jobs In No Robin Hood
Apple (NASDAQ:AAPL) had a chance to do a something for shareholders who have seen the stock drop from $202 to $124 in a little over two months. Company founder Steve Jobs is a billionaire,…
CEOs Time Stock Gifts A Little Too Well (HMA)(MSM)
It looks like CEOs are timing stock gifts, especially those to their family foundations, a little too well A study by a professor at New York University looked at 151 gifts over over $1…
A Yahoo! (YHOO) Merger With AOL Won’t Float
Word got out overnight that Yahoo! (YHOO) is at the bargaining table with Time Warner (TWX) about AOL being merged into the larger portal. Yahoo! is grasping at every straw to stop a takeover…
Media Digest 3/5/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Google (GOOG) lost a key executive to Facebook. Reuters reports that losses at Credit Agricole were worse than expected Reuters reports that OPEC indicated that it would leave production unchanged. Reuters…
Asia Markets 3/5/2008
Most markets in Asia were down slightly. The Nikkei dropped .2% to 12,972. KDDI was up 1.8% to 631000. Mazda was up 2.2% to410. The Hang Seng dropped .1% to 23,095. China Life (LFC)…
Applied Materials Solar Strategy Paying Off (AMAT, CY, SPWR)
Applied Materials (NASDAQ: AMAT) saw a major run on Tuesday. Despite a warning out of Intel the night before, the company is diversifying out of chip cap-ex and equipment dominance into a strategy of…
SPAC IPO FILING: Oasis Group, Inc.
Oasis Group, Inc. is yet another special purpose acquisition company, or SPAC, that has filed to come public via an IPO. The company has filed to raise $300 million with a sale of 30…
Good News For Sprint (S) And AT&T (T): Mobile Ads
More and more mobile phone users are open to seeing mobile ads, especially if they offset the cost have of their calling and data plans. Reuters writes that a study by Nielsen shows "almost…
The 52-Week Low Club (FNSR)(TRSA)(C)(S)
Fremont General (FMT) Fear of Chapter 11 grows. Falls to $.39 from 52-week high of $13.80. Verasun Energy (VSE) High commodity prices kill ethanol stocks. Down to $7.76 from 52-week high of $21.47. Hertz…
Lazard Defends FuelCell Energy Ahead of Earnings (FCEL, FTEK)
Lazard Capital Markets’ Sanjay Shrestha has come out defending FuelCell Energy (NASDAQ: FCEL) ahead of tomorrow’s earnings report. The firm expects another strong quarter from the company. It also notes a an attractive risk/reward…