SIRIUS XM Scores Debt Rating Upgrade (SIRI, LCAPA)
SIRIUS XM Radio Inc. (NASDAQ: SIRI) might not exactly seem like the most stable or improving company by any financial statement analysis on the surface. If that is really the case, then why has…
All Work
Douglas A. McIntyre
Intel, Shoddy But Less Gloomy (INTC)
Intel Corporation (NASDAQ: INTC) has reported its earnings. This is far from pretty, but not nearly as bad as many were braced for a few weeks ago. The chip and processor giant posted $0.11…
Somali Pirates Are Getting Rich: A Look At The Profit Margins
Errol Flynn never had it this good in “Captain Blood” Being a Somali pirate looks like a profitable business from the outside and it is. The margins are as attractive as those in the…
Dell Steps Slowly Into More Services (DELL, HPQ, IBM, PER)
Dell Inc. (NASDAQ: DELL) has been branching out further into IT and web-based services in an effort to supplement and to get away from a model that is almost solely-dependent upon PC sales and peripheral sales. …
Bernanke Vs. Retail Sales
The new retail sales report indicates that the economy is not pulling out of it nose dive. According to the Commerce Department, U.S. retail sales dropped a seasonally adjusted 1.1% in March. Economists thought…
236 Years of Hating Taxes
How we’ve created and resisted taxation since the nation was born. By Natalie Matthews and Sara Behunek of The Big Money As we gnash our teeth, fumble with forms, and curse the IRS, it’s…
Sterling Bancshares Files To Raise Cash… Adios TARP? (SBIB, SBIBN)
Sterling Bancshares Inc. (NASDAQ: SBIB) has just filed with the SEC to sell up to $150 million in a mixed securities shelf filing. The bank listed that it will sell any combination of preferred…
If Citigroup Gets Back Over $5.00….
Citigroup, Inc. (NYSE: C) was believed by many to be on the verge of death just six short weeks ago. But alas, the shorting and the selling doesn’t go on forever even if some feel…
Just How Bad is the News on Drilling? (BHI, BAS)
We’ve been tracking the rig count from Baker Hughes Inc. (NYSE:BHI) for a long time, and the bad news on North American drilling has finally tapered off. Now, Basic Energy Services (NYSE:BAS) has issued…
Acadia Realty Joins REITs Raising Cash (AKR)
Acadia Realty Trust (NYSE: AKR) has joined the wave of REIT entities selling stock to raise cash. The company priced its public secondary offering of 5 million common shares at $11.95 per share. That…
Sunoco Logistics Ups Offering (SXL)
Sunoco Logistics Partners L.P. (NYSE:SXL), a pipeline master limited partnership, has increased an already-announced offering of common units from 2 million to 2.2 million, and priced the offering at $50.60/common unit. That’s a discount…
Benchmark Capital Starts Google (GOOG) At Buy
Benchmark Capital initiates coverage on Google (Nasdaq: GOOG) with a Buy rating and $430 price target. The firm said, while the recession has reduced industry growth to roughly zero and hindered Google’s expansion, the…
The World Needs Currency Leadership
By John Tamny of RealClearMarkets “I have lost money in sterling. I have lost money in dollars. I have never lost money by holding gold.” – A Scandinavian bank president, Economics and the Public…
Goldman Sachs Prices Its Own Secondary (GS)
The Goldman Sachs Group, Inc. (NYSE: GS) has announced the pricing of its highly anticipated secondary offering of 40,650,407 shares of its common stock. The pricing went off at $123.00 per share in the…
Marathon Previews First Quarter Results (MRO)
Marathon Oil Corporation (NYSE:MRO) has issued its interim update for the first quarter of 2009. The company’s E&P results came in higher than expected, 429,000 barrels of oil equivalent per day available for sale,…
Dendreon Set To Re-File PROVENGE (DNDN)
Dendreon Corporation (NASDAQ: DNDN) has announced that its pivotal Phase 3 IMPACT study of PROVENGE in men with advanced prostate cancer data. While the data is incomplete, Dendreon said that the IMPACT study met…
What Hyper-Inflation?
If you were worried about all this new money that has been coming into the system and its effects on inflation, you have at least another month (or much longer) before the worries will…
Top Analyst Upgrades (ARUN, CTV, DPS, ESRX, GENZ, ISRG, LRCX, MXIM, NUAN)
These are some of the top analyst upgrades and positive research calls we have seen this Tuesday morning from Wall Street: Aruba Networks (ARUN) Raised to Neutral at JPMorgan. CommScope (CTV) Raised to Overweight…
Top Analyst Downgrades (ASCA, BAC, BYD, LLTC, SAFM)
These are some of the top pre-market analyst downgrades we have seen early this Tuesday morning from Wall Street: Ameristar Casinos (ASCA) Cut to Neutral at JPMorgan. Bank of America (BAC) Started as Underperform…
Analysts Clip Oil Patch (ME, BP, CVX, COP, XOM, RDS.A)
These are some of the analyst calls we have seen up and down in the oil patch this Tuesday morning: Mariner Energy (ME) Started as Buy at Jefferies. BP (BP) Cut to Perform at…