Today is an unusually active day for many emerging biotech stocks in the news and we are seeing significant moves in response. We have more detail on each with appropriate links through to more…
The Department of Energy just released the weekly inventory data in crude and oil products, and the headline figures are huge on the surface. We have been watching the Oil Services HOLDRs (NYSE: OIH),…
The Obama speech to a joint session of Congress last night did not exactly deliver the death blow to health insurers. It also did not give the insurers the keys to the palace. Despite…
Meredith Whitney has come out with some key takes this morning that may be raining on the bull’s parade. For starters, Whitney was just named as the #39on the list of Fortune’s 50 Most…
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: Smith & Wesson Holding Corp. (NASDAQ:…
These are the top analyst upgrades, downgrades, and initiations seen from Wall Street early this Thursday morning: AMAG Pharmaceuticals (NASDAQ: AMAG) Cut to Hold at Citigroup. Apple Inc. (NASDAQ: AAPL) Raised to Outperform at…
The Labor Department has released its weekly jobless claims and the figure showed that there were -26,000 to 550,000 in weekly claims. The prior week’s initial figure of 570,000 was revised to 576,000. This…
By John Tamny of RealClearMarkets Peter Morici is a renowned economist and University of Maryland professor of economic means who believes that the “trade deficit” was the “principal cause of the Great Recession”. He…
The GM board, which was looking at four or give options for its Opel units, has apparently decided to sell it to Magna, one of the current bidders. According to an exclusive report in The…
A new report from the China Greentech Initiative, which is made up of several dozen alternative energy companies and government organizations, says that the potential for green technology sales in China is as much as…
The carefully watched monthly RealtyTrac data on foreclosures was released earlier today and it paints a picture of a national foreclosure situation that is not improving and is not likely to improve until a…
The Administration’s plan to help modify millions of mortgages to keep “worthy” homeowners in their houses is not working. A Treasury Department report shows that 360,165 people had their monthly payments reduced through August.…
GM may have learned something from its US-government backed bankruptcy in America. A car company can make it through Chapter 11 successfully and live to have its balance sheet better off and its operations…
BP (BP) last week said it found an oil field deep under the Gulf of Mexico that could yield as much as one billion barrels of oil and gas. Not to be outdone, yesterday Brazil…
Reuters: GM has made its decision on Opel and will announce it today. Reuters: Foreign car makers are having trouble with the affluent market in China Reuters: Steve Jobs made a presentation at Apple’s (AAPL)…
Markets in Asia were mixed. The Nikkei rose 2% to 10,514. The Hang Seng was up 2% to 21,263. The Shanghai Composite was off .7# to 2,925. At the open in Europe, the FTSE…
Texas Instruments Inc. (NYSE: TXN) has come out in a mid-quarter update and raised its guidance. The new quarterly guidance is $0.37 to $0.41 EPS on $2.73 to $2.87 billion in revenues. The prior…
Generally speaking, success and intrigue in a new hot market brings on competition. It seemed to be a bit of an odd merger to many when Cisco Systems, Inc. (NASDAQ: CSCO) acquired the private…
The DJIA has rolled over a bit since the release of the latest Beige Book from the Federal Reserve, yet the market is still higher. Ditto for the S&P. The Fed’s Beige Book is…
There is a very silly notion being brought to you by the Aspen Institute Business & Society Program’s Corporate Values Strategy Group and what is admittedly a rather impressive list of names joining it.…