CEO Pessimism Grows, Troubling Employment Outlook
Chief Executive magazine has released its latest CEO Index. We follow this more closely now in order to try to gain insight about what the top brass of major companies in America is thinking…
All Work
Douglas A. McIntyre
Top Day Trader Alerts (BAC, CSIQ, CSCO, FUQI, MAIL, OSK)
These are this morning’s top day trader and most active alert featured stocks. There is more detailed price and volume analysis on links for each stock over to VSInvestor.com: Bank of America Corp. (NYSE:…
Weekly Jobs Data Previews Unemployment Tomorrow
The weekly jobless claims came in at 550,000, a drop of some 38,000 from a revised figure of 588,000 last week. Unfortunately, we saw an increase in the continuing jobless claims after weeks of…
Top Analyst Upgrades and Downgrades (CHK, DD, FIG, FITB, KIND, MMC, MINI, STI, UNTD, VCLK)
These are the top ten pre-market analyst upgrades, downgrades, and initiations from Wall Street research this Thursday morning: Chesapeake Energy (CHK) Cut to Hold at Argus. DuPont (DD) Raised to Perform at Oppenheimer. Fortress…
Investment Banks And Lawyers Make $1 Billion On AIG (AIG)
Everyone is making money off of the break-up and financing of AIG (AIG) except the insurance company itself and the taxpayers who put up $180 billion to save it. One of the public’s largest…
The Car Industry Shake-Out And The Rise Of The Hybrid
Most major car companies offer hybrid vehicles. They get better gas mileage and throw off less pollution. They tend to be more expensive than gas-powered models because of their relatively complicated technology. That makes…
A Judge May Kill Bank Of America (BAC) Settlement With SEC
Almost the entire fight to save the American financial system and punish those responsible for it has gone on in the executive and legislative branches. The third leg of the government, the judicial branch,…
Health care And The Rising Rate Of Dementia
The population is aging and along with it the number of people with dementia and Alzheimer’s is likely to rise rapidly. Demented seniors and Alzheimer’s victims can live for years which creates a tremendous…
Unemployment USA: Moving America To North Dakota
Millions of out of work Americans may wish that they lived in North Dakota, no matter how harsh the winters can be. The state had an unemployment rate of only 4.2% compared with the…
Media Digest 8/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: A bubble may be forming in the corporate bond market. Reuters: Wall St. firms have made $1 billion on the break up of AIG (AIG). Morgan Stanley(MS), Goldman Sachs (GS), JP Morgan (JPM)…
Asia Markets And Europe Open 8/6/2009
Markets in Asia were mixed. The Nikkei rose 1.3% to 10,389. Toyota (TM) rose over 3%. The Hang Seng rose .8% to 20,647. The Shanghai Composite was down 2.1% to 3,356. At the open,…
Investors Embracing Cisco Tone So Far (CSCO)
Networking giant Cisco Systems, Inc. (NASDAQ: CSCO) has just posted its quarterly earnings for its fiscal year end 2009. It posted $0.31 non-GAAP EPS and $8.5 billion in revenues. Thomson Reuters had the estimates…
Is The Ancestry.com IPO For You? (ACOM)
This week came a filing for online family tree site Ancestry.com. The company plans to come public in an initial public offering and no formal financial terms were disclosed. While most internet companies have…
Long Line of Biotech Secondary Stock Offerings (MNKD, IDIX, ISPH, ARIA, ONTY, NBY, SOMX, ARNA, OXGN)
It seems that there is another endless line of biotech and emerging pharmaceutical companies which have raised cash or have filed to raise cash. MannKind Corporation (NASDAQ: MNKD), Idenix Pharmaceuticals Inc. (NASDAQ: IDIX), and…
Crude Inventories Dampen Energy Prices (USO, OIL)
The weekly data from the Department of Energy is showing some gains in crude oil again and some weaker-than- expected gasoline draws. Weekly crude oil inventories went up by 1.67 million barrels to 349.1…
Billions of Dollars Lost in US Postal Service… Blood in Mail
The United States Postal Service is out with its quarterly filing of earnings, and it is not pretty. In fact it is uglier than a head-on collision. The quarterly report dated today shows a…
24/7 Wall St. TV: The Recession America Needed
The human toll of the recession, reported to be the worst economic downturn since the 1930s, has been so searing that it could be considered cruel to evaluate this event for any benefits. More…
MannKind Raises Over $50 Million (MNKD, PFE)
MannKind Corporation (NASDAQ: MNKD) is getting hit after the company announced that it priced a secondary offering of 7,400,000 shares of its common stock. While the press release does not say what price the…
HCP Boosts Cash Raise (HCP)
HCP, Inc. (NYSE: HCP) is raising more cash than expected. The company has priced a secondary offering of 15.5 million shares of common stock at a price per share of $24.75, above the 11.5…
Top Day Trader Alerts (ACAS, GRMN, NVAX, ONT, PG, USU, WFMI)
These are this morning’s top day trader and active trader alerts. We have links through to VSInvestor.com for more detailed price and volume analysis on each stock: American Capital Ltd. (NASDAQ: ACAS) is down…