Asia Markets And Europe Open 7/22/2009
Market in Asia were mixed. The Nikkei rose .8% to 9,723. Shares in Sony (SNE) dropped slightly. The Hang Seng was down .5% to 19,406. China Mobile (CHL) and China Unicom (CHU) dropped. The…
All Work
Douglas A. McIntyre
The Remarkable Resurrection Of Hedge Funds
The recovery has really begun to lift all ships when the hedge fund industry can claim that it has risen almost instantly from the death that it suffered in the final quarter of last…
Should AIG Be Keeping Terms of Deals Secret?
by Sharona Coutts, ProPublica – July 21, 2009 Last week we reported that while AIG has sold — or agreed to sell — a dozen subsidiaries as part of its efforts to repay the…
Will China Subsidies Save Solar Stocks? (LDK, STP, TSL, CSUN, JASO, FSLR, WFR, SPWRA, ENER, SOLR, CSIQ)
If you saw how solar power stocks ran up today, you might think it was tied to higher energy prices from last week. But the news that that ran shares is that the Chinese…
Apple’s (AAPL) Results Remarkable, Again
Wall St. expected Apple (AAPL) to earn $1.17 a share. It made $1.35. Wall St. expected $8.2 billion in revenue. Apple’s sales hit $8.34 billion. Wall St. was concerned that the economy would pressure…
AMD Visits Dullsville (AMD, INTC)
Advanced Micro Devices Inc. (NYSE: AMD) is getting drilled on earnings. The easy comparison is that the Intel Corp. (NASDAQ: INTC) strength is coming at the expense of AMD. The distant number-2 processor makers…
Yahoo! Mum on Deal in Earnings (YHOO, MSFT)
Yahoo! Inc. (NASDAQ: YHOO) has posted its earnings of $0.10 non-GAAP EPS and $1.136 in ex-TAC revenues. Thomson Reuters had estimates at $0.08 EPS and $1.14 billion in revenues. Guidance is for operating income…
Starbucks Earning Bucks (SBUX)
Coffee retail giant Starbucks Corp. (NASDAQ: SBUX) has just reported earnings of $0.24 non-GAAP EPS and $2.4 billion in revenues. Thomson Reuters had estimates at $0.19 EPS and $2.38 billion in revenues. Unfortunately, same…
Apple Has To Blow Numbers Out (AAPL, RIMM, PALM)
Apple Inc. (NASDAQ: AAPL) is set to report earnings after the closing bell today. As always, this is one of the tech market’s biggest events, but there is a problem… traders, investors, and analysts…
What McKinsey Will Tell Conde Nast
Embattled publishing company Conde Nast has hired McKinsey & Co. to help the publisher look at its options as its advertising revenue shrinks at a alarming rates. According to MediaPost the goal of retaining the consulting…
ETF/ETN Conundrum: Size Limits, Roll Dates, Future Trading (UNG, USO)
We have noted how CFTC inquiries and reviews into whether or not the size of certain speculative instruments in commodities markets, including ETF and ETN instruments, is likely to be regulated in the future. …
Predicting The Value Of The World’s Most Valuable Brands For 2009
Once a year, Interbrand publishes a list of the “Best Global Brands”. The 2008 list was released last September. The next list will probably be out in about two months. The change in value…
Secondary Offerings Come Back Fast (CEDC, HGG, EWBC, BMS, INTC, STSA, CVBF, RT)
Now that markets are back up, we are starting to see many syndicate offerings come in. That is not a huge surprise, but the volume of companies is rather strong. We have seen priced…
Sybase Mixed, But Good Enough (SY)
Sybase, Inc. (NYSE:SY) has chalked up a win in its earnings report by the looks of it. The company posted non-GAAP earnings of $0.56 EPS on roughly a 2% decline in revenues to $278…
Once Again, Paulson Misses the Point
By John Tamny of RealClearMarkets In testimony before Congress last week, former Treasury secretary Henry Paulson said he was “proud to have been among the many public servants” who came together “to prevent a…
Top Day Trader Alerts (ALKS, LLY, SNY, MRK, SPPI, LXK, BSX, JDAS, IDIX, PKG, CVBF, WERN)
These are some of this morning’s top stocks to watch for active trading today based on pre-market and after-hours volume activity. There are links through to more detailed coverage and volume analysis at VSInvestor.com:…
IBM’s Virtualization Push (IBM, VMW, CTXS, MSFT, ORCL)
IBM (NYSE: IBM) is getting deeper into the race in virtualization. The company is entering what was a fast growth and now suddenly crowded space along with the clear virtualization leader VMware Inc. (NYSE:…
Top 10 Analyst Upgrades and Downgrades (BBBB, CTXS, EXPE, IP, NTAP, NOK, PKG, PETS, TNK, USB)
These are this Tuesday morning’s top ten analyst calls with upgrades, downgrades, and initiations we have seen in early trading from Wall Street firms: Blackboard (BBBB) Cut to Neutral at BofA/Merrill. Citrix Systems (CTXS)…
DJIA Component Earnings Trifecta (DD, MRK, UTX)
So far we have three DJIA components with earnings out. DuPont (NYSE: DD), Merck & Co. (NYSE: MRK), United Technologies (NYSE: UTX) have all posted earnings. So far there are no train wrecks and…
The Rich Get Much, Much Richer
America’s rich are getting richer and they are getting richer at an astonishingly fast pace. A new study by The Wall Street Journal which looks at Social Security data found that “Highly paid employees…