eBay Inc. (NASDAQ: EBAY) may be the unexpected winner of cyber-shopping for the 2009 holiday shopping season. Today, the company released data showing that its PayPal unit posted strong gains for yesterday on the…
General Motors may be looking more like Government Motors every day. Fritz Henderson is stepping down according to a report from CNBC’s Phil Lebeau, citing sources. What is not clear is if Henderson was…
IndexIQ is no stranger to ETFs with non-traditional investment goals. IndexIQ recently launched an ETF called the IQ ARB Merger Arbitrage Exchange-Traded Fund (NYSE: MNA), which is the first ETF we have seen out…
CNBC’s David Faber just reported that the NBC Universal deal terms between General Electric Co. (NYSE: GE) and Comcast Corporation (NASDAQ: CMCSA) are about to be signed.
GM is being pulled out of US soil by its roots. For the first time in history the company posted monthly sales in a foreign country that were higher than the domestic figure. GM’s November…
There is some growing technical concern that is coming in the S&P 500 Index, which of course most trade via the SPDR (NYSE: SPY) ETF or the Spyders. This is one of the older…
There is still a flood of secondary offerings coming down the pipe. We have secondaries from Consolidated Edison Inc. (NYSE: ED), Kinder Morgan Energy Partners, L.P. (NYSE: KMP), Vanguard Natural Resources, LLC (NYSE: VNR),…
The acquisition of Diedrich Coffee, Inc. (NASDAQ: DDRX) is getting even more heated. We have seen a raised bid from Peet’s Coffee & Tea, Inc. (NASDAQ: PEET) to acquire Diedrich’s for $32.50 per share…
GM reports that the company and its joint ventures sold 177,339 vehicles in China in November, an increase of 110%. GM’s sales in the US were down by a third in the first three quarters of this…
We have been given some exclusive coverage on the recent developments in special purpose acquisition companies and blank check companies from SPACupdate.com this morning. There are deal updates and calendar events in United Energy…
Updated throughout the day. The Somali pirates claim to have started their own “stock exchange” (CNBC, Reuters) E*Trade (NASDAQ:ETFC) will probably not be sold to TDAmeritrade (NASDAQ:AMTD) (The Street) Google (NASDAQ:GOOG) is in talks to stream TV…
These are this Tuesday’s top pre-market day trader and active trader alert stocks. We have more detailed volume and price data and analysis on each stock with a link to VSInvestor.com: American International Group,…
By John Tamny of Forbes “Without short sellers, ‘there would be no one to criticize and restrain the false optimism that always leads to disaster.'” ~ Bernard Baruch Amid the difficult markets of…
These are this Tuesday morning’s top 10 analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Adobe Systems (NASDAQ: ADBE) Started as Market Outperform at JMP Securities. BB&T Corp. (NYSE: BBT) Raised…
TransUnion reports the auto loan delinquency moved up sharply in the third quarter. The national 60-day auto delinquency rate (the ratio of auto loan borrowers 60 or more days past due) rose between the…
China’s manufacturing economy appears to have almost completely recovered. The purchasing managers’ index released by HSBC Holdings Plc rose to a seasonally adjusted 55.7 from 55.4. A second measure, The Purchasing Managers’ Index (PMI) of China’s…
One of the most important aspects of the huge healthcare program working its way through Congress is that the $800 billion or more that will be spent to improve the system will bring insurance…
There have been warnings for months that commercial real estate defaults would be the next plague to bank earings. Then Dubai indicated that it would default on some of its obligations. The kingdom in…
The head of the credit card operations at Bank of America (NYSE:BAC) believes that credit card write-offs will not continue to rise, and that they hit their high point in the last half of…
There are bits of research that say holiday e-commerce sales rose in the double digits over the Thanksgiving weekend and did even better on Monday. E-commerce sales have risen as a total percentage of retail…