Top Day Trader Alerts (PARD, NLST, DRYS, VVUS, PHM)
These are this morning’s top day trader and active trader alerts with big volume or big moves in early pre-market trading. We have more detailed analysis and data with a link to each stock…
All Work
Douglas A. McIntyre
Long-Past SPAC Deals Reach Back for Warrants, More Deal News (SGS, HOL, EST, CIO, PAX, TMI, CFQCF)
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. Stream Global Services (AMEX: SGS), the business outsourcer brought public…
American Express & Revolution… The Reach Down (AXP)
American Express Company (NYSE: AXP) is about to get larger in the credit arena, and in a new path than its traditional high-end clients. The company announced that it has agreed to acquire Revolution…
Today’s Best Market Rumors (11/18/2009) (MCD)(BAC)(GOOG)
Updated throughout the day. Updated 1.48 PM EST: News Corp’s (NYSE:NWS) MySpace is in talks to buy free music streaming site imeem. (AP) Update 1.42 PM EST: Google (NASDAQ:GOOG) will launch its own Android…
Top 10 Analyst Upgrades, Downgrades, Initiations (ADI, ACI, ISRG, BTU, PHM, RIMM, STX, SPWRA, TGT, WDC)
These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Analog Devices (NYSE: ADI) Raised to Conviction Buy List at Goldman Sachs. Arch Coal (NYSE: ACI) Started…
Cheap Broadband For Everyone In America
By Douglas A. McIntyre “A chicken in every pot and a car in every garage.” –Herbert Hoover, 1928. Federal regulators plan to propose a way to get inexpensive broadband to every person in the…
VW Gets “Safest Car” Rating But Can’t Sell Autos In US
The Insurance Institute for Highway Safety came out with its annual list of safest cars. Ford (NYSE:F) and its Volvo unit got six awards, VW and Subaru each got five. Chrysler had four cars…
California Plans To Ban Some Energy-Hungry TVs
The State of California claims that as much of 10% of the region’s electricity is used by televisions. The state government is considering setting standards for TV energy consumption that would push 25% of the sets…
FBI: Cyber Terrorists Could Prepare Massive US Attack
Websites in the US were attacked by hackers earlier this year. The assaults slowed down some sites and closed other online services completely. It was assumed at the time that the attacks originated in North Korea and…
$1 Salary For Pandit: Citigroup Gets What It Paid For
The most charitable thing that can be said about Vikram Pandit, the CEO of Citigroup (NYSE:C) since December 11. 2007, is that he was in the wrong place at the wrong time. The bank’s stock is…
The Auto Industry Restructuring Global Tour Moves To Europe
The restructuring of the American car business is still a work in progress. Chrysler laid people off as late as last month. The industry fired tens of thousands of people during 2008 and 2009.…
Media Digest 11/18/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Thain regrets nothing he did at Merrill Lynch and during its merger with Bank of America (NYSE:BAC). Reuters: Trump put his support to the bondholders of his casino business. FT: A Chinese court…
Asia Markets And Europe Open (11/18/2009)
Market in Asia were mixed. The Nikkei was down .6% to 9,677. Japan Air hit a low for the year. Mitisubishi UFJ (NYSE:MTU) posted strong earnings after the close. The Hang Seng dropped .2%…
DryShips Goes For Capital Raise, Again (DRYS)
DryShips Inc. (NASDAQ: DRYS) just hexed its investors who were hoping to see the stock keep running over the $7.00 hurdle. The company just announced that it has commenced a public offering of $300…
Melco Crown Outlines IPO Risks at Las Vegas Sands, MGM Too (MPEL, LVS, MGM, WYNN)
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is holding up better than many might have expected after the stellar rise seen in the casino stocks with Macau ties. Melco Crown turned a wider loss over…
52-Week High Club (AGO, SMTL, SINA, TWB)
Assured Guaranty Ltd. (NYSE: AGO) over 32% to a yearly high of $28.14 after the company posted earnings of $0.44 per share, beating analysts estimates. Semitool Inc (NASDAQ: SMTL) rose over 30% to…
Steel IPO Filing: Hirschfeld Industries, Inc. (HSFD)
Hirschfeld Industries, Inc. filed after the close on Monday to come public via an initial public offering of up to $150,000,000 in equity being sold via the New York Stock Exchange under the stock…
FDA: Thin Blood, Sour Stomach (AZN)(BMY)(SNY)
The FDA is routinely criticized for being a poor steward of drug research and pharmaceutical side effects. The agency proved once again why much of the criticism is justified. The FDA today said that two…
SPAC/Blank Check IPO Filing: 57th Street General Acquisition Corp.
The world of special purpose acquisition companies may get yet another new entrant. After the close of trading on Monday came the filing for 57th Street General Acquisition Corp. to come public via an…
Soros Fund Holdings
Yesterday Soros Fund Management Filed a 13-F outlining the fund’s long portfolio as of September 30th, 2009. The total value of the holdings reported in the filing is $6,198,089. Twenty holdings represented roughly 50%…