Ten Stocks To Sell In The Ten Days Before Year-End
Many investors use the last few weeks of each year to sell stocks on which they have posted losses to help their tax position. Other investors simply clean the dead wood out of their…
All Work
Douglas A. McIntyre
E-Commerce Posts Record Day Over $900 Million
The e-commerce industry posted its first $900 million day, ever. Online research firm comScore reports that on December 15, e-commerce sales hit $913 million. The surge held put holiday online sales up 4% to almost $24.8…
Verizon Wireless To Set $350 Fee To Break Cellular Contracts
Cellular service users have been upset for years that the companies that give them their wireless connections often charge large fees if they break their contracts. Verizon Wireless (NYSE:VZ)(NYSE:VOD) has decided to charge a huge $350…
Media Digest 12/21/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The healthcare bill moved over key hurdles in the Senate. Reuters: Oil is above $73 on Iran-Iraq tensions. Reuters: Citadel filed for Chapter 11. Reuters: The head of AIG (NYSE:AIG) said his company…
Asia Markets And Europe Open (12/21/2009)
Markets in Asia were mixed. The Nikkei rose .4% to 10,183. Sony (NYSE:SNE) and Mitsubish UFJ (NYSE:MTU) rose. The Hang Seng was off 1% to 20,697. HSBC (HNYSE:HBC) dropped. The Shanghai Composte was .3%…
The Unusual Suspects (BMY, CNO, HMIN, JBL, OSIP, RHT, GLD, SQNM, V, WAG)
This might have seemed a tough week to come up with a list of unusual suspects. There are only a handful of earnings, but there are many follow-on items from last week or that…
Can AT&T and Verizon Keep Raising Dividends Indefinitely? (T, VZ)
AT&T Inc. (NYSE: T) has done what we expected would occur at some point soon. Despite some bad company public relations Friday over its network, the company raised its quarterly dividend. The old $0.41…
Oil Prices May Spike Monday, Nigeria Pipeline Attacked (CVX)(RDA.A)
Nigerian rebels have probably attacked pipeline installations near facilities operating by Chevron (NYSE:CVX) and Royal Dutch Shell (NYSE:RDA.A). This could cause the price of crude to rise at the end of the holiday. AP reports that…
Joining GM, Ford Will Make Early Debt Repayments
Light vehicles sales in the US do not seem to be improving much. The market for 2009 will probably produce about 10.5 million sales well down from over 16 million four years ago. Monthly…
An Unreasonable Case That Housing Is Undervalued
IHS Global Insight has released a report that say that housing price in the US rose by .2% in the third quarter compared to the second. The research firm looks at 300 metropolitan markets.…
More Mixed Rig Count Data (BHI, OIH)
Baker Hughes Inc. (NYSE: BHI) has just released its new weekly rig count data. Today’s data looks mixed again, which is another indication that perhaps the swinging back and forth in oil prices in…
BofA’s New CEO Brian Moynihan: No More Acquisitions (BAC)
Bank of America Corporation (NYSE: BAC) is still well under 100 hours of announcing that Brian Moynihan would replace Ken Lewis as CEO of the largest US bank by domestic deposits. CNBC’s Maria Bartoromo…
GM: A Tear With Every Saab
General Motors can’t get brand exit strategies right regardless of who is running the show there. Government Motors held a press conference today to discuss the death of the Saab Automobile brand.
Meredith Whitney Now Pouncing on JPMorgan (GS, MS, JPM)
Meredith Whitney must be staggering her bank coverage news out to get more exposure, or at least that is a cynical take on the matter. Yesterday, she hit Goldman Sachs Group Inc. (NYSE: GS)…
Worst PR Of The Day: AT&T (T)
AT&T (NASDAQ:T) has had trouble with its network, reported due to the huge amount of activity by Apple (NASDAQ:AAPL) iPhone customers. Today, the phone company’s PR firm, Fleishman-Hillard, put out a release saying that…
Top Day Trader Alerts (RIMM, PALM, DEER, ORCL, LDK, TTWO)
These are this Friday’s top day trader alerts in the pre-market trading. We have more details on the news but more importantly for the traders on the data and analysis from trading ranges and…
Today’s Best Market Rumors (12/18/2009) (GOOG)(GENZ)(TTWO)
Updated throughout the day. The auto task force says GM and Chrysler are recovering ahead of schedule (Reuters) Carl Icahn may force a sale of Take-Two Interactive (NASDAQ:TTWO) after buying 11% of the company …
Top 10 Analyst Upgrades, Downgrades, Initiations (AOL, BP, CELG, EMC, MU, NTRS, NTAP, POT, RIMM)
These are this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: AOL Inc. (NYSE: AOL) Started as Neutral at Goldman Sachs. BP plc (NYSE: BP) Raised to Buy at…
Friday’s Top Options Alert: Bristol-Myers & Mead Johnson (BMY, MJN)
Bristol-Myers Squibb Co. (NYSE: BMY) has been a real pest in the world of analyzing options trading activity. There has been a perpetual open interest alert with a monster contract volume in the DEC-2009…
Ryanair Kills Orders For 200 Planes In A Blow To Boeing (NYSE:BA)
Boeing (NYSE:BA) has had more than its share of troubles over the last two years with delays in the launch of its Dreamliner, labor problems, and disappointing earnings. The clouds around the aircraft manufacturer…