Oil Inventories Head Wrong Way, Again (OIH, DIG, USO, OIL)
The latest weekly inventories data from Department of Energy in crude and oil products is adding more support and adding fuel to a fire in the commodity rally today. It looks like we are…
All Work
Douglas A. McIntyre
Trouble in Property Syndicates (TPGI, AVI)
We have two deals which have been called off in the land of mixed use properties as a secondary by Thomas Properties Group, Inc. (NASDAQ: TPGI) and one was the IPO which was supposed…
Today’s Best Market Rumors (11/4/2009) (JAVA)(ORCL)(TWX)
Updated throughout the day. Updated 10.30 AM EST: Oracle (NASDAQ:ORCL) believes that EU authorities may try to block its buy-out of Sun (NASDAQ:JAVA) (FT) Updated 10:26 AM EST: Apollo Management is buying debt swap instruments…
Top Day Trader Alerts (GRMN, VG, ABK, ACAS, STEC, JAVA)
These are this morning’s top day trader alert and active trader alert stocks. We have links through to VSInvestor.com on each stock with much more detailed data and analysis on the news, price, and…
Top 10 Analyst Upgrades, Downgrades, Initiations (AEO, BNI, ENR, GET, GES, GD, STEC, VIA, YUM)
These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations seen from Wall Street research calls: American Eagle Outfitters (NYSE: AEO) Raised to Top Picks at FBR Capital; but shares were also Cut…
Chris Dodd, Bank Reformer, Finally Loses His Mind
Senator Christopher Dodd wants to create the greatest single debacle in the history of US financial market and bank regulation. He will propose putting four authorities into one, combining the Federal Reserve, Federal Deposit Insurance…
Skype Dispute Nears End, The Blackmailing Of Ebay (EBAY)
An intellectual property dispute between Skype’s founders and the VoIP company, now owned by Ebay (NASDAQ:EBAY), threatened the auction company’s plans to sell Skype to private equity interests. That dispute is about to be settled,…
Toyota (TM) Pull Out Of Formula One: The Death Of Car Racing’s Profits
The three major car racing circuits–Formula One, NASCAR, and Indy Car–have built a multi-billion business. Formula 1 revenue, which includes sponsorships and broadcast fees, is estimated to be $3.9 billion, which is more per…
Media Digest 11/4/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Opel must now arrange for GM’s unexpected ownership Reuters: The Fed will probably keep its “easy money” program. Reuters: Toyota (NYSE:TM) will pull out of Formula 1 racing. Reuters: The IEA will cut…
Disney (DIS) Goes To China, And Locals Get Angry
China has approved a plan for Disney (NYSE:DIS) to build a theme part in Shanghai. The American entertainment company has been trying to get a go ahead to build the $4 billion project for several years.…
The Return Of Wheeling And Dealing (BRK.A)(BNI)(KFT)
Kraft (NYSE:KFT) hinted very strongly that it would open a battle with Cadbury for ownership of the British company. GM said it would keep its Opel and Vauxhall European operations about an hour later.…
The Layoff Culture Lives On
Economists still expect layoffs in the US and Europe to slow as the recovery gains momentum. Pessimists among experts on GDP growth and job losses believe that the major risk of a double-dip recession…
Asia Markets And Europe Open (11/4/2009)
Markets in Asia rose modestly The Nikkei was up .4% to 9,844. Sony (NYSE:SNE) fell. The Hang Seng rose 1.8% to 21,815. The Shanghai Composite was up .4% to 3,127. At the open in…
GM Screws The Germans, Will Keep Opel
The German government went to a great deal of trouble to finance a bid for Canadian parts firm Magna (NYSE:MGA) and a Russian financial group to buy GM’s Opel and Vauxhall operations. GM has…
More E.U. Roadblocks in Sun-Oracle Deal (ORCL, JAVA)
There are reports from the Financial Times that were also just noted on CNBC that are almost baffling. It seems that the European Commission may issue a formal objection to the Oracle Corp. (NASDAQ:…
Kraft’s (KFT) Latest Chess Move: Up Guidance Ahead Of Cadbury Bid
Kraft (NYSE:KFT) improved is chances of making a viable bid for Cadbury before the UK government deadline of November 9. The US company beat expectations and raised guidance. Its shares dropped 2% to $27.10,…
True Religion: Raised Guidance A Warning (TRLG)
The great growth mystery of True Religion Apparel Inc. (NASDAQ: TRLG) might be coming in too light. After the close of trading, the high-end, or at least high-priced, jean and apparel maker posted earnings…
52-Week High Club
Burlington Northern Santa Fe Corp (NYSE: BNI) surged close to 30% to a yearly high of $97.59 following news that Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) will be buying the freight rail operator for…
Another Win For Apple (AAPL): The Touchscreen
It is getting harder and harder to find any flaws in Apple’s (NASDAQ:AAPL) businesses. The company’s shares trade at $190, very near their all-time high. Analysts expect record results from the company for the…
Wednesday Hangs on Key Tech/Media Earnings (CSCO, CMCSA, QCOM, TWX, VG)
We have four key earnings for technology and media investors and traders due on Wednesday, and one key cult stock. The two biggest for tech which can impact all components of their related sub-sectors…