Solarfun, When Less-Bad Seems Good (SOLF)
Solarfun Power Holdings Co., Ltd. (NASDAQ: SOLF) posted some very mixed results. On the surface it looks disappointing across the board, but after parsing through the data this seems as though there are no…
All Work
Douglas A. McIntyre
Coeur d’Alene in Silver: Reverse Split and CreditWatch (CDE)
Coeur d’Alene Mines Corp. (NYSE: CDE) has announced a 1-for-10 reverse stock split, which will be effective on May 26, 2009. The shares will trade on the NYSE on a split-adjusted basis beginning the…
The Flat Tax vs. the Fair Tax
By John Tamny of RealClearMarkets If there’s a positive to the leftward economic lurch among our political class, it has to do with the certainty that the imposed initiatives will fail. No matter the…
Tesla Gets Daimler As 10% Holder As Well As Partner (DAI)
Daimler AG (NYSE: DAI) has announced a partnership with the much-covered Tesla Motors Inc. for the electric car’s battery systems, electric drive systems, and vehicle projects. As part of the agreement, Daimler is taking…
Buffett & Berkshire’s MidAmerican Against Waxman-Markey Bill (BRK-A)
MidAmerican Energy Holdings Company, which is owned by Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A), has issued a statement objecting to the proposed American Clean Energy and Security Act, also known as the Waxman-Markey…
JA Solar, Another Big Solar Miss (JASO, SOLR, SPWRA)
JA Solar Holdings Co. Ltd. (NASDAQ:JASO) reported first quarter 2009 results this morning, and the news was not so hot. The company posted an EPS loss of -$0.18 on revenue of $33.9 million. In…
A Twist of Fate in Housing Starts
April Housing Starts just came in 458,000 on an annualized basis, which represents a drop of 12.8%. The March data was also revised from 510,000 to 525,000 annualized. What is interesting is the multi-family…
Top Analyst Upgrades & Downgrades (WTR, DL, EHTH, GYMB, MEOH, SHW, STT)
It is looking pretty thin in new great research calls from Wall Street today. Here are the top analyst calls seen as of 7:30 AM EST this Tuesday morning: Aqua America (WTR) Raised to…
Despite Economic Concerns, Oil Keeps Rising
Oil is back up to $60 and it does not show any signs of retreating. Most experts say that crude prices cannot hold their gains. The economy is too weak and supplies are abundant.…
Google’s (GOOG) “Big Brother” Act: Screen Employee Behavior, And It Could Be The Company’s Next Blockbuster Product
Google (GOOG) wants to know which of its employees will quit. That is natural since a number of its senior staff have left for positions at other online companies. For the first time since…
Starbucks (SBUX) To Twitter For Dollars
Starbucks (SBUX) will try to revive its flagging fortunes with an assault on Web 2.0. Sales at the coffee chain have been falling, to some extent because it charges $5 a cup for its…
Will The Government Reject TARP Payments From Goldman And Morgan Stanley
It is no secret that several large banks want to pay back the TARP money that they took from the government in some cases against their will. Goldman Sachs (GS), Morgan Stanley (MS), and…
Twitter Uber Alles: Business Applications From The Web’s New Phenom
Twitter, the short texting web success, adds millions of new users every month. No one has been able to figure out how to make money on the service, at least no one at the…
GE (GE) Gets Its Pride Back, But Not Its Stock Price
GE’s financial business was supposed to be worth zero, or worse. Deutsche Bank analysts said it had a negative valuation of $50 billion. Some publicity-seeking stock commentators said the entire company was worthless. GE…
GM And Chrysler: The Revenge Of The Car Dealers
Chrysler and GM will force 2,000 car dealerships to close. This event has elicited a great many opinions from industry experts. The consensus is that the most damage to the car companies will come…
Media Digest 5/19/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Twitter will release business tools in an attempt to make money. Reuters: A GM (GM) bankruptcy is seen as nearly inevitable. Reuters: American Express (AXP) will cut 4,000 jobs. Reuters: Obama will unveil…
Asia Markets And Europe Open 5/19/2009
Markets in Asia were higher. The Nikkei was up 2.8% to 9,290. The Hang Seng rose 2.4% to 17,424. The Shanghai Composite was up .9% to 2,677. At the open in Europe, the FTSE…
Smaller Banks May Face $200 Billion In Losses
A comprehensive survey by The Wall Street Journal shows that “Commercial real-estate loans could generate losses of $100 billion by the end of next year at more than 900 small and midsize U.S. banks…
SolarWinds & OpenTable IPO’s To Determine Summer IPO Docket (SWI, OPEN)
We are expecting two initial public offerings this week. On the docket are SolarWinds, Inc. to trade under the “SWI” ticker on the NYSE, and OpenTable, Inc. to trade under the “OPEN” ticker on…
2009 IPO Scorecard, Up 27% On Average (CYOU, RST, MJN, DGI, BPI)
We have been keeping track of the 2009 IPOs that made it to market, and while one is barely broken, a portfolio of the IPOs from the pricing level gives a solid performance that…