Paulson Takes Huge Stake In Citigoup, Dumps Goldman
John Paulson is rather notorious, and wealthy, for how much he picked up by shorting financial stocks on the way down. But the financial world found out in August that Paulson & Co. had…
All Work
Douglas A. McIntyre
Beazer Files to Raise $750 Million (BZH)
Beazer Homes USA, Inc. (NYSE: BZH) has just filed a mixed securities shelf registration that will allow it to sell securities in the amount of up to $750 million. This will allow Beazer and…
Are Silicon Storage Holders Getting Enough? (SSTI)
Silicon Storage Technology, Inc. (NASDAQ: SSTI) is trading up on a private equity and management-led buyout. SST is flash memory maker based in Sunnyvale, California. While the company has entered into a definitive merger…
Retail & Apparel Earnings Dominate Next Week (SKS, BJ, GYMB, ANN, DKS, FL, GPS, SHLD, PLCE, WTSLA, ZUMZ)
It seems that earnings season is winding down, but next week we have many of the key retail and apparel players reporting earnings. Saks Incorporated (NASDAQ: SKS), BJ’s Wholesale Club Inc. (NYSE: BJ), Gymboree…
Another Sign That China Rules The World: Mercedes Sales
As another sign of the truth that most of the world’s rich people have moved to China or were born there, sales of the $150,000 Mercedes S class are now higher in the People’s Republic than…
Many Key SPACs on Deck (PAX, TOH, EST, TCW, CFQCF, GQN, NSAQ, CIO)
We have been given some exclusive data from SPACupdate.com on the progress of many blank check and special purpose acquisition companies which their targets and relevant trading data. Prospect Acquisition Co. (AMEX: PAX), Hicks…
Today’s Best Market Rumors (11/13/2009) (PALM)(INTC)(AMD)
Updated throughout the day. Updated 10.30 AM EST: PALM (NASDAQ:PALM) shares are up on speculation that Dell (NASDAQ:DELL) or Nokia (NYSE:NOK) will buy the faltering handset firm (VSInvestor) Former Goldman Sachs (NYSE:GS) CEO and…
Top Day Trader Alerts (ANF, RINO, CADX, TSTC, PLA, JWN)
These are this morning’s top day trader and active trader alert stocks. More detailed analysis and data has been offered via a link to each story at VSInvestor.com: Abercrombie & Fitch Co. (NYSE: ANF)…
Top 10 Analyst Upgrades, Downgrades, Initiations (ADBE, FDX, JNPR, LVS, MSFT, ORCL, QCOM, CRM, NCTY, WYNN)
These are this Friday’s top early analyst upgrades, downgrades, and initiations from Wall Street research calls which may be moving shares of the underlying stocks: Adobe Systems (NASDAQ: ADBE) Started as Buy at UBS.…
Exxon: Weak Dollar Adding $20 to Oil Prices (XOM, USO)
The weak dollar has definitely been a contributor to the rise in the price of gold. And it is also partly responsible for some of the oil gains that took prices back over $80…
Video Game Sales Fall Back In October
September sales for video game consoles were relatively good given the economy. Price cuts on the Nintendo Wii, Sony (NYSE:SNE) PS3, and Microsoft (NASDAQ:MSFT) Xbox stimulated activity. It appears that the initial surge in sales…
Target (TGT) Promotes $3 Appliances
DVDs and e-books that sell for under $10 is one thing. Appliances that sell for $3 is another. Target (NYSE:TGT) is offering toasters, coffee makers, and slow roasters at $3 each, according to data…
Too Many Apple (AAPL) Stores
Apple (NASDAQ:AAPL) will have too many retail stores at some point. It will face the “Starbucks problem” of over-building. Starbucks once boasted that it would eventually have 40,000 coffee shops worldwide. It will be…
The Swine Flu Epidemic Fails To Do Economic Damage
Swine flu vaccinations have been slow to get to those who want to be treated. The Centers for Disease Control and Prevention says that about 22 million American have contracted the disease and of…
Boeing (BA) Dreamliner Still Broken Along With Firm’s Management
Boeing (NYSE:BA) said it had encountered another problem with the final assembly of its Dreamliner in a cryptic press release from the company. The issue was discovered in the area where the plane’s wing meets its body.…
Media Digest 11/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: China’s economy may be hurt as its stimulus ends. Reuters: Warren Buffett says the financial panic is over. Reuters: Former bankers are considering buying failed banks. Reuters: The SEC is expected to go ahead…
Asia Markets And Europe Open (11/13/2009)
Markets in Asia were mixed. The Nikkei fell .4% to 9,770. Mitsubitchi UFJ (MYSE:MTU) fell. The Hang Seng was up .7% to 22,554. The Shanghai Composite rose .5% to 3,188. At the open in…
Sirius XM (SIRI) And CBS (CBS) Pose Greatest Financial Risk Among Media Firms
CBS (NYSE:CBS) and Sirius XM (NYSE:SIRI) pose the greatest investment risks among media companies based on a forensic measure of their transparency and the statistical reliability of their financial reporting and governance practices, according…
British Air And Iberia: Airlines Return To The Center Of M&A Stage
The rumor that US Air (NYSE:LCC) and American (NYSE:AMR) may merge is not so far-fetched today, or that Southwest (NYSE:LUV) might take over JetBlue (NASDAQ:JBLU). British Air and Iberia, the flag carriers of the two…
SIRIUS Losing XM Founder (that everyone forgot) (SIRI)
SIRIUS XM Radio (NASDAQ: SIRI) announced that Gary Parsons has resigned as Chairman of the Board of Directors. The satellite radio giant has appointed Eddy Hartenstein, an independent director, to serve as non-executive chairman. …