The State And City Financial Time Bomb Ticks Louder
The financial crisis has too many pieces to follow even if it is being resolved and brought to an end as many experts expect. The end is still far off, at least as long…
All Work
Douglas A. McIntyre
Orange Juice Gets More Expensive That Oil
Commodities prices are supposed to give some sign of inflation although the value of the dollar, spot demand for certain metal and agricultural products, or the kind of feeding frenzy driving up gold can…
Media Digest 10/12/2009
Reuters: E-mails and the credit crisis will be key to the trial of Bear Stearns workers. Reuters: The approval process for Tengzhong to buy Hummer has started in China. Reuters: Philips Electronics (NYSE:PHG) beat…
Asia Markets And Europe Open 10/12/2009
Markets in Asia were slightly down with Japan closed for a holiday. The Hang Seng was off .5% to 21,404. Sinopec (NYSE:SNP) was up slightly. The Shanghai Composite fell .6% to 2,894. At the…
Airlines Make Aggressive Move To Go Green
The car industry is going green by rapidly developing hybrids and electric cars. Residential and commercial building are adding solar panels. The last place that most people would expect a systematic effort to improve…
DJIA Component Earnings on Deck (AA, INTC, JNJ, JPM, IBM, BAC, GE, C)
Thisis going to be a very key earnings week. The only DJIA component to report its Q3 period report so far has been Alcoa Inc. (NYSE: AA). But we have earnings this week coming from…
Apple (NASDAQ:AAPL) Short Interest Steady, Down In Other Techs
The short interest in Apple (NASDAQ:AAPL) was steady in the period that ended on September 30 at 16 million shares.The bet being made against RIM (NASDAQ:RIMM) rose 13% to 13% to 19.2 million. The shares…
Facebook Visits Triple In A Year, MySpace Falls By Half
Facebook is doing well. Most experts already know that. But, the No.1 social network’s size has surged at a remarkable rate over the last year. Nearly 60% of the visits to the top social networks…
US Economy Boomed In Q3, But Peril May Be Ahead
The US economy roared back from nearly two years of deep recession in the third quarter of this year. The Blue Chip Economic Indicators, a regular poll of top economists, says that GDP rose…
Top 10 Tech Earnings on Deck (INTC, LLTC, ADTN, XLNX, ASML, IBM, AMD, FCS, GOOG, NOK)
We have many key technology stocks reporting earnings this coming week. Intel Corporation (NASDAQ: INTC) will start things off to give us a read on semiconductors and PCs. Linear Technology Corp. (NASDAQ: LLTC), ADTRAN,…
Higher Oil, Higher Rigs (BHI, OIH, DIG, USO, OIL)
Maybe higher oil prices keep begetting higher rig counts. Baker Hughes, Inc. (NYSE: BHI) has released its weekly rig counts and there are gains in all three measures. We have been watching the Oil Services…
Next Week’s Top 11 Earnings (INTC, JNJ, ABT, JPM, C, GS, GOOG, IBM, BAC, GE, HAL)
We may have had earnings season officially start with Alcoa this week, but next week will be the real week for the launch of earnings season. We now have an index to track the…
CEOs Growing More Confident
The Conference Board issues a report called “CEO Confidence” on a quarterly basis. It is probably without surprise that the gains in the second quarter were also gains in the third quarter. Its index…
Citi Escapes Big Bonus Issue, Unloads Phibro to Occidental (C, OXY)
If you can’t take the heat, get out of the kitchen. That is what Citigroup, Inc. (NYSE: C) has done over its Phibro commodities trading unit. Occidental Petroleum Corporation (NYSE: OXY) has signed an…
Today’s Best Market Rumors (10/9/2009)
Updated throughout the day. Updated 2:00 PM EST: American Superconductor Corporation (NASDAQ: AMSC) has traded higher all day and some are noting takeover chatter on this one. We have yet to see anything credible,…
Top Day Trader Alerts (ACOR, AVNR, INFY, SVNT, SPPI, TSM)
These are this Friday morning’s top day trader and active trader alert stocks. We have provided a link through to VSInvestor.com with more detailed price and volume analysis on each stock below: Acorda Therapeutics,…
More Secondaries Hitting the Market (LAD, PZG, SVNT, GOL)
We have seen at least four different secondary offerings this morning, and there are some others that are pending to be priced for trading today. The offerings are from Lithia Motors Inc. (NYSE: LAD),…
IEA Sees Surge In Oil Demand
The top global banking associations and economist have a broad spread of expectations about what worldwide GDP growth will be in 201o. The IEA has raised its GDP forecast and along with it the forecast…
Top Analyst Upgrades (AKS, BMY, CREE, JPM, LRCX, MAR, RIMM, SVNT, SE, VIA)
These are this Friday morning’s top Wall Street analyst upgrades and positive research calls: AK Steel (AKS) Raised to Buy at Deutsche Bank. Bristol-Myers (BMY) Started as Outperform at Wells Fargo. Cree (CREE) Started…
Top Analyst Downgrades (ARO, AKAM, AIZ, EP, HOT, SVU)
These are the top Wall Street analyst downgrades and cautious research calls seen early this Friday morning: Aeropostale (ARO) Cut to Sell at Goldman Sachs. Akamai (AKAM) Cut to Market Weight at Thomas Weisel.…