This week kicks off a month’s worth of deal votes guaranteed to keep SPACs’ volume up into November. SPACUpdate.com has noted how the asset class has already been highlighted for its resiliency and successful…
Updated throughout the day. Update 10.03 AM: NetApp (NTAP) may be on a short list of tech buy-out targets but does not appear to have any real suitors. (Barron’s) Update 9.55 AM: CIT’s (CIT) bond…
These are this morning’s top day trader alerts and active trader alert stocks for Monday. We have more details on volume and price analysis on each stock covered at VSInvestor.com: Amicus Therapeutics (NASDAQ: FOLD)…
John Tamny The great Canadian economist Reuven Brenner noted in his 1983 book, History: The Human Gamble, that periods of massive income inequality frequently lead to economic innovation. Simply put, those who are not…
Dr. Doom, or Nouriel Roubini, has come out predicting that stocks and commodities may tank when they figure out that the recovery is far short of the recovery that is being priced in. Last…
Personal bankruptcies posted a big increase in September, not a surprise as unemployment races toward 10%. The American Bankruptcy Institute reports that the September 2009 consumer filing total reached 124,790, a 41% increase from…
There were many more upgrades than downgrades seen early this Monday morning. These are top upgrades and positive research calls from Wall Street analysts we have seen so far: Capital One Financial (NYSE: COF)…
These are this Monday morning’s top early-bird analyst downgrades or cautious research calls from Wall Street firms: Advanced Micro Devices (AMD) Cut to Market Perform at FBR. Amicus Therapeutics (FOLD) Cut to Neutral at…
Investing into emerging markets where the Olympics are headed is supposed to be a safe bet, in theory. Despite a flat close for stocks in the U.S. on Friday, Brazilian shares rose almost across…
Cash4Gold is a low-rent business that buys cheap TV time to promote its program for people to send it gold in exchange for cash. Turn that old jewelry into money. It turns out that…
It seems that Henry Paulson was a bit too optimistic about the prospects of several banks which received TARP funds at the end of last year. The Treasury Department’s inspector general Neil Barofsky reports…
Some times it seems like Goldman Sachs (NYSE:GS) has a single-sided coin that always comes up heads. Documents recently released show that if CIT (CIT) fails, Goldman get $1 billion of money that it…
There has been a great deal of risk that Bank of America’s (NYSE:BAC) Ken Lewis would leave as the firm’s CEO. He was replaced as the company’s chairman. He has been part of a…
Alan Greenspan stated the obvious recently when predicted unemployment would rise over 10% soon. He also said that extending unemployment benefits should not be considered a part of the stimulus package because the action…
Reuters: A bear market could kill the extraordinary rally in corporate bonds. Reuters: Treasury will announce three more funds are buying toxic assets. Reuters: Bank of America (BAC) will select an emergency CEO this…
Markets in Asia were narrowly mixed. The Nikkei was down .6% to 9,674. The Hang Seng moved up .3% to 20,434. The market in Shanghai was closed. At the open in Europe, the FTSE…
Americans have known that we have had a health care crisis since our country was created. We have chosen to depend on doctors and nurses and hospitals to provide care in times of illness…
It is the weekend and that means a review of last week’s unusual suspects and a review for key stocks in the week ahead. Technically earnings season gets its first earnings report from a…
Personal bankruptcies posted a big increase in September, not a surprise as unemployment races toward 10%. The American Bankruptcy Institute reports that the September 2009 consumer filings total reached 124,790, a 41% increase from…
Bing’s rapid ascent as a new favorite among web searchers may be over. The Microsoft (MSFT) product had picked up market share since it was launched in early June. The momentum of that progress…