Reuters: The Chinese are learning the problem of easy access to credit cards. Reuters: The US recovery is still slow while France and Germany are rebounding. Reuters: UBS (UBS) clients in America may face…
Markets in Asia were mixed. The Nikkei rose .8% to 10,597. The Hang Seng fell .7% to 20,724. China Life (LFC) fell over 2%. The Shanghai Composite traded down 3% to 3,047. At the…
The thoughts of restricting the pay packages of the CEOs of public companies may be in the air, but new data on chief executive compensation show that boards of directors are not taking any…
Sirius XM Radio Inc. (NASDAQ: SIRI) has caught a debt upgrade from Standard & Poor’s. The cited reasons were that the liquidity position has improved after debt refinancings, and also that its EBITDA is…
It is one thing that we had two fairly large IPOs this week. But the flood of public secondary stock offerings is almost running at alarming levels when you consider that these share sales…
Starbucks (SBUX) brand value dropped 40% to $7.3 billion. Starbucks ran the playbook on hurting a brand’s value. The public perceived that it did not offer enough value for the dollar, particularly as the…
Biotechnology Industry Organization (BIO.org) has conducted a survey of 80 investors, analysts, and venture capital executives with Thomson Reuters to preview their opinions of the biotech sector and expectations for 2009. The study was…
These are this morning’s top day trader alert stocks and actively traded stock movers. We have more detailed price and volume analysis with links to each over at VSInvestor.com: GSI Commerce Inc. (NASDAQ: GSIC)…
The data from the Labor Department on weekly jobless claims has been released. We are seeing a slight rise by 4,000 to 558,000 for week. The four-week average rose by 8,500 to 565,000. This…
These are the top 10 pre-market analyst upgrades, downgrades, and initiations we have seen early this Thursday morning from Wall Street: Coca-Cola Enterprises (CCE) Raised to Buy at UBS. DR Horton (DRI) Cut to…
Despite improvement in the economy which is now seen at almost every turn, Wal-Mart (WMT) does not fell confident about the retail sector. It expects its same-store sales to rise only 2% at its core…
The plague of foreclosures is still overrunning the US real estate market, and the situation may actually be getting worse. RealtyTrac reports that July numbers rose 7% month-over-month and 32% over July last year,…
The recession in Europe was supposed to last until next year, but it has not turned out that way. The GDPs of Germany and France each grew by .3% in the second quarter, figures…
Citigroup’s (C) board does not even get to decide who should run the bank. This is the same board of “blue chip bankers” recruited by Chairman Richard Parsons. Regulators have decided to humiliate the…
The Small Business Administration runs a stimulus program for the government that provides up to $225 million for modest American enterprises. According to The New York Times, this pool is meant to make about…
The US got what it described as a victory in a WTO case against China. The system set up in the world’s most populous nation forced US companies to sell books, DVDs, and movies…
Reuters: Wal-Mart (WMT) will report results with Wall St. looking for sales growth. Reuters: US home foreclosures set a record in July. Reuters: Citigroup (C) hired outsiders to help with a management review. Reuters: …
Markets in Asia were mostly higher. The Nikkei rose .8% to 10.517. Honda (HMC) and Toyota (TM) both rose over 1%. The Hang Seng was up 2.1% to 20,864. The Shanghai Composite was up…
John Paulson has been well known as a hedge fund manager because of the profits he made from short selling many of the key financial stocks. Yet his new filing shows a large long…
The Blackstone Group L.P. (NYSE: BX) had a fairly busy day. It seems that reports of the death of private equity may have been exaggerated. The company had two key announcements today: it brought…