CIT Amended Tender Terms (CIT)
CIT Group Inc. (NYSE: CIT) has seen its shares halted for news pending. That news is out. The troubled financial lender to small businesses and middle market companies has announced that, with the consent…
All Work
Douglas A. McIntyre
Meet AIG’s New CEO… Maybe (AIG, MET)
Troubled insurance and financial giant American International Group Inc. (NYSE: AIG) may have found a new CEO to run the company. Or dare we say… a new victim! Based upon what the company has…
Fed Independence Is an Unconstitutional Myth
by John Tamny of RealClearMarkets In a recent opinion piece on the Federal Reserve for the Wall Street Journal, authors R. Glenn Hubbard, Hal Scott and John Thornton argued that the “Fed must…
Huron… When The Consultants Need Consultants (HURN)
Huron Consulting Group Inc. (NASDAQ: HURN) was a stock we screened early this morning in pre-market hours for its active trading at VSInvestor.com. We noted that this one was getting destroyed, but the company…
ISM.. 1,000 S&P… 2,000 NASDAQ
The Institute for Supply Management has shown that the manufacturing activity came in with a reduced rate of contraction for July. The manufacturing index came in at 48.9. This is still slightly in the…
Google CEO Walks Out On Apple (AAPL), Or Is Pushed
Google (GOOG) CEO Eric Schmidt has left the Apple (AAPL) board. Apple says it was because of increasing conflicts between the two companies, a sign that the war among large tech companies is growing…
Top Day Trader Alerts (SVNT, HURN, RPRX, EBAY, HUM, ONTY)
The following are among the top day trader and active trader alert stocks with major price and volume action. We have links to more detailed analysis and price action at VSInvestor.com: Savient Pharmaceuticals (NASDAQ:…
Top 10 Analyst Upgrades and Downgrades (AGN, BKC, BEN, GPS, GENZ, HURN, MMM, SSS, WEN, UTHR)
These are the top ten analyst upgrades and downgrades we have seen from Wall Street firms early this Monday morning: Allergan (AGN) Raised to Outperform at Baird. Burger King (BKC) Cut to Neutral at…
High Oil Prices, Nearly Forgotten, Return
High oil prices were supposed to be a thing of the past, driven lower by over-supply in the US and a continuing recession is almost every large economy other than China. The smallest hint…
HSBC (HBC) And Barclays (BCS): The Bank Recovery Continues, For Now
HSBC (HBC) announced that its earnings fell 57% to $3.35 billion during the first half of the year. The largest bank in Europe was able to temper some of its deficit for bad loans…
Awash In Debt, Private Equity Face $400 Billion In Payouts
New date from S&P LCD presented by the FT, shows that large private equity firms have $400 billion in debt that needs to be paid in the next five years. That debt load could…
Nissan Pulls Ahead Of Detroit In The Electric Car Race
Nissan’s new Leaf car doesn’t use any gas and it does not produce any emissions. It is electric and it will be available in the US, Japan, and Europe next year. Nissan chief Carlos…
Citigroup (C) Needs To Pay Phibro Head His $100 Million
The inclination of the Administration’s “pay czar” will be to pressure Citigroup (C) not to pay $100 million due to the head of its Phibro energy trading unit. The amount is an embarrassment to Citi…
China: Still A Phantom Expansion?
China’s manufacturing sector expanded again in July, according to the central government. The official Purchasing Managers’ Index rose to a seasonally adjusted 53.3 in July from 53.2 in June, the Federation of Logistics and…
Media Digest 8/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Video games hope to make a comeback with new titles and price cuts. Reuters: “Cash for clunkers” should help July car figures. Reuters: USB (UBS) shares should do well after it settled with…
Asia Markets And Europe Open 8/3/2009
Markets in Asia were mixed. The Nikkei fell a fraction of a percent to 10,352. Toyota (TM) rose on Ford’s (F) strong July numbers. The Hang Seng rose .2% to 20,620. The Shanghai Composite…
The Miracle At Ford (F) Continues
Ford (F) made two audacious decisions recently, decisions made in an industry where audacity is a distant memory that died when Lee Iaccoca left the business. William Clay Ford, Jr., the company’s CEO since…
Guardian Media Group Looks At Cuts
The Times of London reports that the Guardian Media Group may close its venerable Observer newspaper. The cuts by the firm may have to go deeper than that based on its most recent financial…
The Unusual Suspects (TSN, CSCO, GENZ, ARIA, VHC, XOM, USU, EBAY, FUQI)
It always good to keep watch lists. There were some key issues over the last week that will have important implications for the coming week (or weeks). This is definitely the case for Tyson…
Microsoft Deal In Hand, Yahoo! Looks To Next Generation Of Search
Microsoft (MSFT) has talked about using its Bing search engine to search the Internet “real time” to pick up Twitter messages and other information and data that rockets across the web nanosecond by nanosecond.…