First Solar Goes Deeper Into Canada (FSLR, ENB)
First Solar, Inc. (NASDAQ: FSLR) has news on the wires this morning that the company and Enbridge Inc. (NYSE: ENB) have entered into an expanded agreement on the Sarnia Solar Project from 20 megawatts…
All Work
Douglas A. McIntyre
Today’s Best Market Rumors (12/8/200) (S)(AAPL)(GOOD)(MOT)
Updated throughout the day. Updated 2.33 PM EST: Hollywood companies may buy some game publishers including Electronic Arts (NASDAQ:ERTS) and Take-Two (NASDAQ:TTWO) (Barron’s) Updated 9.54 AM EST: Sprint’s (NYSE:S) customer base is continuing to…
Top Day Trader Alerts (CELG, DDRX, PEET, GMCR, GERN, YONG, XLNX)
These are this Tuesday’s top four day trader and active trader alert stories. We have more details and analysis via links to each story at VSInvestor.com: Celgene Corporation (NASDAQ: CELG) is trading lower this…
24/7 Wall St. TV: McDonald’s (MCD) Sales Slow Near A Halt
McDonald’s (NYSE:MCD) same-store sales have been one of the corporate bright spots during the recession. Now that the recovery in underway, the world’s largest fast food chain’s traffic has stagnated. In October, same-store sales…
Top 10 Analyst Upgrades, Downgrades, Initiations (BIDU, EQR, FTR, JASO, ERIC, MOT, S, STP, SYY, TWC)
These are this Tuesday’s top ten analyst upgrades, downgrades, and initiations seen early this morning from Wall Street research calls: Baidu Inc. (NASDAQ: BIDU) Started as Hold at Kaufman Bros. Equity Residential (NYSE: EQR)…
Moody’s: US And UK May No Longer Be “Triple-A”
Sovereign debt problems in Dubai, Ireland, and Iceland have forced the credit rating agencies to keep a sharp eye on national debt. There have been some warnings that high deficits in the UK might…
Japan Increases Stimulus $81 Billion: What Does It Know That The US Doesn’t?
Japan will increase it stimulus package by $81 billion, a move that will almost certainly increase the nation’s public debt and strain the global fixed income markets, making it more likely that interest rates…
Stocks Prices Increases Get Out Of Hand
Shares in Sprint (NYSE:S) were up more than 10% at one point yesterday after Barron’s argued that the stock was undervalued. One article and the telecom company’s market cap was up almost $1.5 billion. Nvidia…
Citigroup (C) And Government Fight Over TARP Exit
Behind the scenes but barely out of sight, Citigroup (NYSE:C) is fighting with federal agencies about how much money it will need to have on hand to exit the TARP program. Taxpayers own about…
The Jobless Recovery Is Joined By A “Credit-Less” One
The economic recovery can only carry so much weight before it gets bogged down. It already faces unemployment that is 10% and may rise into next year. In 2011, personal and business taxes are scheduled…
Media Digest 12/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Citigroup (NYSE:C) and the government are in a dispute over TARP re-payments Reuters: Japan release plans for an $81 billion stimulus package. Reuters: Morgan Stanley’s (NYSE:MS) new CEO will shuffle top management. Reuters: The…
Asia Markets And Europe Open (12/8/2009)
Markets in Asia fell. The Nikkei was off .3% to 10,140. The Hang Seng fell 1.2% to 22,083 HSBC (NYSE:HBC) FELL. The Shanghai Composite was down 1.1% to 3,297. At the open, the FTSE fell…
Ending Coffee Buyout Wars (DDRX, GMCR, PEET)
It seems that the saga over the coffee buyout war is ending as it pertains to Diedrich Coffee, Inc. (NASDAQ: DDRX). Peet’s Coffee & Tea, Inc. (NASDAQ: PEET) was set to respond by today…
52-Week High Club (CI, AMD, ASIA, TRA)
CIGNA Corporation (NYSE: CI) rose over 5% to a yearly high of $33.84 after Goldman Sachs said that managed-care providers are cheap and that the danger posed to the category by health-care reform has…
Holiday Shopping Activity Falling Apart
Most data on holiday shopping activity show that e-commerce spending is up 4% to 5% compared to last year. Store-based sales are flat based on most industry information. America’s Research Group believes that the…
Big Ben Talks Down The Dollar
Friday’s surprisingly strong job report sent the dollar soaring (NYSE: FXE, FXB, FXA, FXY). Skittish currency traders got the impression that the improvement in the job market might prompt the Fed to raise interest…
Chart Set-Ups in Apple (AAPL)
Apple Inc. (NASDAQ: AAPL) has come into some trouble as far as its stock charts are concerned, which is why it was one of the lead-in stories of ten stocks on this weekend’s unusual…
IPO Filing: Language Line Services
Language Line Services Holdings, Inc. is the latest company which has filed to come public via an initial public offering. The terms were not disclosed, but for filing purposes it listed a sale of…
24/7 Wall St. TV: RIM (RIMM) Shrugs Off China News
The market shrugged off news that RIM (NASDAQ:RIMM) has a new distribution partner in China, perhaps because early sales results for the Apple (NASDAQ:AAPL) iPhone have been so poor. RIM, maker of the Blackberry,…
Amgen: Stock Buyback vs. Debt Repayment (AMGN)
Do you have to worry when biotech giants decide to spend their hard-earned cash repurchasing their own stock rather than using the cash to go purchase new pipelines? That is what we’d like to…