Why GE’s Dividend Is Safe (GE)
General Electric Co. (NYSE: GE) has found itself under a "smart money" controversy, which may be an argument about the reality of the rules and regulations versus the perceptions of what the rules and…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 55Stock Market Takes Out October Lows (DIA, SPY, QQQQ)
There is a disturbing event happening, and it is one which if gets much worse will take out much of the feeling that the markets have bottomed out. Today the market index readings are…
IEA Cost Projections Bode Ill (XOM, COP, APA)
The International Energy Agency released its World Energy Outlook yesterday. The headline number is that the IEA predicts oil prices will rise to $200/b by 2030. The agency cites rising demand from the developing…
Soros: “Depression Possible”
George Soros, billionaire money manager, had his turn to join fellow hedge fund managers testifying before Congress. Soros made a point of scaring the hell out of them.
Citigroup (C): Firing Vikram Pandit
Citigroup’s (C) CEO Vikram Pandit has cemented his reputation as the worst CEO of the new breed of men who replaced the remarkably careless and callous executives who ran Citi, Merrill Lynch (MER), AIG…
Can Forbes Keep Its Enterprise Value From Falling?
In 2006, Elevation Partners, the same venture firm which bailed out Palm (PALM) and counts U2 lead singer Bono as a managing director, put about $275 million into Forbes to get a 40% piece…
American Public Education Filing Takes Toll (APEI)
American Public Education, Inc. (NASDAQ: APEI) filed to sell just over 4.2 million shares of common stock after the close yesterday after earnings and it is taking its toll on shares this morning.
IPO Filing: Alon Brands, Inc., A 7-Eleven Play (ABO)
It seems that the IPO filings may at least be seeing a very small comeback after weeks and weeks of being in a desert with no oasis. Alon Brands, Inc. filed late yesterday to…
Nouriel Roubini and the Folly of Fiscal Stimulus
By John Tamny of RealClearMarkets Whereas before there had been almost no framework to explain what Roosevelt was doing, now a respectable one was forming. Spending promoted growth, if government was big enough to…
24/7 Day Trading Alerts (CROX)(OPTR)(FEED)(NTAP)(AMAG)
Things are so bad at Crocs (CROX) that it is off nearly 50% down near $1. Optimer Pharmaceuticals (OPTR) continues to be volatility. Details here.. AgFeed (FEED) is getting crushed. NetApp (NTAP) is today’s…
Exelon: Hostile Takeover of NRG is Out of the Gate (EXC, NRG)
Exelon Corporation (NYSE:EXC) has officially kicked off its unsolicited takeover of NRG Energy (NYSE:NRG). We reported the details yesterday. Exelon needs to receive a majority of NRG’s shares outstanding (about 233 million total) by…
Repsol YPF: Are the Russians Coming? (REP)
Repsol YPF (NYSE:REP) is one of the ten largest integrated oil companies in the world. It is based in Madrid, and owns substantial assets in South America. Repsol reported third quarter earnings yesterday, but…
Jobless Claims Cross 500K, Brace For Much Higher Unemployment
Weekly jobless claims came out this morning above the critical and psychological level of 500,000 filing for unemployment. This was a gain of 32,000 to 516,000, and to little surprise there was a slight…
Top 10 Pre-Market Analyst Upgrades & Downgrades (MO, STZ, LVS, LYV, RF, AXP, CMS, DELL, SOLR, TIBX)
These are the top ten early bird upgrades and downgrades we have seen this Thursday morning with about two hours until the open: Altria (MO) Raised to Neutral from Sell at Banc of America.…
Recession’s Grim Reaper Can’t Catch Wal-Mart (WMT)
The home of "everyday low prices" took a bit of a hit today when it put out its earnings. It can not longer be called "recession proof", but it is still damn close. Wal-Mart…