Codexis, Inc. has filed its paperwork with the SEC for an initial public offering. The company plans to trade under the ticker “CDXS” on NASDAQ. Credit Suisse and Goldman Sachs are the joint book-runners,…
The death of an ETF is generally viewed as a failure or as an ill omen for other related ETF’s. Today that is not the case despite the death of two exchange traded products. …
There was an interesting filing for an initial public offering that was put in at the SEC after most investors, brokers, advisors, and traders had already headed home either for Christmas of for the…
Crude oil futures rose to their highest point in seven weeks this morning, trading above $79/barrel. Cold, snowy weather in the Northeast and the Midwest are the likely suspects for the increase because traders…
We have seen what appears to be a mixed bag of shares listed in the short interest of the most active NASDAQ tech stocks traded day in and day out. Apple Inc. (NASDAQ: AAPL),…
We have compiled Monday’s top pre-market day trader and active trader alert stocks. There is a link to each story for more detail and analysis at VSInvestor.com: Apple Inc. (NASDAQ: AAPL) is hitting new…
Updated throughout the day. Shoppers may have spent a little more this holiday season than last (CNBC) JAL may file for Chapter 11 (Reuters) Cascade Bancorp (NYSE:CACB) withdrew a $93 million common stock offering (Portland…
By Douglas A. McIntyre A number of media, including the Nikkei business daily, are reporting that the Japanese government is considering taking its huge flagship carrier JAL into bankruptcy. The news follows recent proposals…
By John Tamny of Forbes In his essential book The Wealth of Nations, Adam Smith observed that “Capitals are increased by parsimony, and diminished by prodigality and misconduct.” Or, put more simply, self-interested savers…
There was an interesting filing out during the Christmas holiday showing that Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) weren’t in the holiday spirit for much of 2008. There were 21,000 fewer employees…
There were 30,800 car dealerships in the US in 1970. There were 20,770 in the country in 2008 and that was before hundreds of locations where closed by large car companies, particularly GM and…
It is not clear whether there is a housing recovery underway in the US. Home sales have, in some cases, picked up. Most of the activity has been due to low mortgage ratesm which have…
Reuters: New airport security measures could hurt airline revenue. Reuters: US holiday retailers were up 3.6% according to one report. Reuters: A bankruptcy filing by JAL is possible to handle its financial crisis. Reuters: …
Markets in Asia were mixed. The Nikkei was higher by 1.3% to 10,634. The Hang Seng was down .2% to 21,480. The Shanghai Composite rose 1.5% to 3,167. At the open in Europe, London…
The Treasury Department announced that it would give Fannie Mae (NYSE:FNM)and Freddie Mac (NYSE:FRE) “unlimited” financial support for the next three years, which seems like an awful lot. Some members of Congress said the…
First-run movie DVDs of films made by US studios are sold be vendors on the streets within a few miles of the central offices of the People’s Republic in Beijing. The Motion Picture Association of…
The last two years were probably the worst in the history of the global car industry which goes back over a century. The markets in the US, Japan, EU, and UK were all eroded…
Most of old media is being slowly euthanized by the shift in the way consumers get content since the beginning of the recession. Magazines, newspapers, and radio are at the top of list of sectors that are in this…
The Kindle has become the most purchased item given as a gift in the history of the powerful e-commerce site, Amazon.com (NASDAQ:AMZN). And, Amazon announced that “On Christmas Day, for the first time ever, customers purchased more…
China became the world’s second largest economy in 2009, passing Japan, which has held this distinction for decades. The People’s Republic raised its growth forecast for 2008 to 9.6% from 9% which took the total…