Blockbuster Inc. (NYSE: BBI) is dying if you read today’s headlines. Word from most media outlets today is that Blockbuster may close some 960 stores. Ouch. That sounds as though there will be no…
Dick Bove of Rochdale Securities does not care about John Mack leaving Morgan Stanley (NYSE: MS). In fact. you might think he’s even glad to see some new blood managing the company. Bove called…
What happens when market rallies go on and on? Outside of the basics, you just about always get a flurry of corporations and public entities selling shares as secondary offerings flood the market. Between…
KAR Holdings, Inc. is going to sound like a bit of a strange initial public offering if you have gotten used to the dismal US auto industry. The company has filed for an IPO…
Federal District Judge Jed S. Rakoff was supposed to a approve a $33 million settlement between the SEC and Bank of America (BAC) over the issue of the financial firm making inaccurate statements regarding…
This morning’s data from the Commerce Department underscores that even a mild return of demand could create a massive relaunch of the United States manufacturing engine without much job growth. The Commerce Department reported…
Next week is still supposed to mark the initial public offering of what me be a very hot IPO. Auto electric-battery maker A123 Systems Inc. is tentatively set to launch and begin trading mid-next-week…
For the first time in more than a year, a special purpose acquisition company, a SPAC, saw its shares broke through their trust value prior to a deal vote. In the last 12 months,…
These are this morning’s top pre-market day trader alert stocks. We have more color and more detail on price and volume analysis linked through to each at VSInvestor.com: Best Buy Co. (NYSE: BBY) is…
The inflation bugs finally got some good gossip to discuss around their campfire. The nominal PPI data was listed as +1.7%, but the core reading on an ex-food and energy basis was ‘only’ +0.2%. …
These are this Tuesday morning’s top analyst upgrades and positive research calls that we have seen from Wall Street research with about two hours until the market opens: ArcelorMittal (MT) Raised to Buy at…
These are this Tuesday morning’s early-bird analyst downgrades and cautious research calls seen from Wall Street with about two hours until the market opens: BCE (BCE) Cut to Neutral at UBS. Corning (GLW) Started…
Citigoup (C) may try to buy back some of the shares that the US government got when it bailed out the bank. Taxpayers own 34% of Citi and it may be time for the…
The number of millionaire households in the world dropped from 11 million in 2007 to 9 million last year, a fall of almost 18%, according to The Boston Consulting Group. The figure was worse…
You can fool some of the people all of the time and all of the people some of the time. but you cannot fool all of the people all of the time. At least that…
Federal District Judge Jed S. Rakoff was supposed to a approve a $33 million settlement between the SEC and Bank of America (BAC) over the issue of the financial firm making inaccurate statements regarding…
Janet L. Yellen is the head of the Federal Reserve Bank of San Francisco and a voting member of the Fed’s Federal Open Market Committee. She is highly pessimistic about an economic recovery. Yellen…
Reuters: China say data show the US tire tariffs are unfair. Reuters: A Fed policy debate has begun now that the recession is over. Reuters: The world’s wealth is down 11% and the number…
Markets is Asia were narrowly mixed The Nikkei was up .2% to 10,218. The Hang Seng rose a franction to 20,941. The Shanghai Composite was up .2% to 3,034. At the open in Europe,…
Martha Stewart Living Omnimedia Inc. (NYSE: MSO) has a new exclusive product lineup partner. We still want to know where Martha will end up after the K-Mart deal she has with Sears Holdings (NASDAQ:…