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…
All Work
Douglas A. McIntyre
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…
Top Day Trader Alerts (AAPL, S, SOMX, CTIC, NVDA, AMD, INTC)
These are this morning’s top day trader and active trader alerts. We have more detailed data and analysis over at VSInvestor.com via links on each story and stock: Apple Inc. (NASDAQ: AAPL) is still…
Today’s Best Market Rumors (12/7/2009) (CMCSA)(INTC)
Updated throughout the day. Comcast (NASDAQ:CMCSA) may drop the name NBC from the name of NBCU (NYTimes) Amazon (NASDAQ:AMZN) may open retail stores in the UK (The Times) Citigroup (NYSE:C) is trying to persuade the…
This Is the Fed Pundits Want to Be Independent?
By John Tamny of Forbes Despite a collapsed dollar at all-time lows when compared with gold and nearly every major foreign currency, U.S. Federal Reserve officials are quite sanguine about inflationary pressures. Asked about…
Top 10 Analyst Upgrades, Downgrades, Initiations (AGU, ABX, BRCD, DD, JNPR, MMC, POT, SPWRA, STP)
These are Monday’s top ten analyst upgrades, downgrades, and initiations seen from early Wall Street research calls: Agrium Inc. (NYSE: AGU) Raised to Buy at UBS. Barrick Gold Corporation (NYSE: ABX) Cut to Neutral…
Value Track: Revisiting Stocks The Rally Left Behind (ABT, MO, AWK, BKC, ENER, GENZ, KR, ORB, WMT, LEAP, PCS)
It was early in October before earnings season kicked off into full thrust when we first reviewed many large or actively traded stocks which had not participated in the stock market rally of 2009. …
China To Press Consumer Spending
China’s leaders say the plan to keep their stimulus package in place, make capital available at low-cost, and work to increase consumer spending within the country’s borders will last into next year. The news…
A Comeback In E-Commerce Spending
By Douglas A. McIntyre The days of $800 million e-commerce spending are back, presenting the possibility that online sales have made a significant rebound from last year. According to recent data from comScore, Cyber-Monday…
Wall St. Pay Packages Start To Push Best Bankers Out The Door
RBS (NYSE:RBS) is about to lose almost 1,000 bankers due to pay restrictions set by the UK government. The Times of London reports that the managers and traders will move to companies where their pay will not…
An “Extra” $200 Billion In Tarp Money To Burn Hole In Government’s Pocket
The Treasury Department announced over the weekend that its TARP losses will be $200 billion less than expected. Banks are paying back money at an unexpectedly rapid pace. There are even rumors that Citigroup…
Tech Companies Move To The Mall (AMZN)(AAPL)(MSFT)
There was a rumor, unconfirmed by Amazon (NASDAQ:AMZN), that Jeff Bezos’ company would open stores in the UK. It would follow Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) into the world of the mall or to…
Rush Limbaugh: Media’s $ 1 Billion Man
As a media man, Rush Limbaugh is a veritable Midas. He has at least five easily discernable revenue streams. In all, Limbaugh likely brings in close to $60 million each year. It’s a good thing the man lives…