AAPL (AAPL) Weekly Headline Roundup: March 9-13
It’s been quite a week for Apple news and AAPL shares. Here are the key headlines aggregated from 24/7 Wall St. partner Apple Investor News: • The big news involved incessant rumors about Apple…
All Work
Douglas A. McIntyre
Media Digest 3/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, investors in GE (GE) are still worried that the stock will not recover to its highs of last year. Reuters reports that Madoff pleaded guilty of 11 charges of fraud. Reuters…
MarkWest Energy Files To Raise Cash (MWE)
MarkWest Energy Partners LP (NYSE: MWE) has just filed with the SEC to raise capital via the sale of securities. The company’s filing is for sales of any combination for it (and its many…
The 52-Week Low Club (MTG)(PLL)(ROCK)
MGIC (MTG) Fitch puts company on negative watch list. Plunges to $.70 from 52-week high of $14.99. Pall Corporation (PLL) Profit falls 19%. Drops to $18.20 from 52-week high of $43.19. Gibraltar (ROCK) Goldman…
Stocks That Should Double: Financials (C)(JPM)(BAC)(WFC)(GE)
This week 24/7 Wall St. is picking several stocks that are likely to double off of their lows. The time frame is by the end of 2010, which is meant to coincide with some…
Apple (AAPL) Announces iPhone OS 3.0 Event
From 24/7 Wall St. partner AppleInvestorNews Just Announced: An Apple (AAPL) event in Cupertino next Tuesday will talk about the next generation of iPhone software. The Apple invitation to reporters formally dubs it “iPhone OS.”…
Hidden Positive Aspects of Intel in Research (INTC, TSM)
Intel Corp. (NASDAQ: INTC) shares rose today after Broadpoint AmTech raised its rating to “Buy” from “Neutral.” We normally would not make much of an issue on a single event like this, but the…
SunPower Puckers On Analyst Licking (SPWRA)
SunPower Corporation (NASDAQ: SPWRA) has already taken a licking and its lowered guidance is not helping. Ditto for an analyst downgrade. JP Morgan dropped the stock from “Overweight” to its least desirable “Underweight” rating. …
Refiners Feeling the Pinch (VLO, TSO, MRO)
US refiners might be facing a squeeze on earnings if crude inventories continue to build and prices continue to drop for diesel fuel. Valero Energy Corp. (NYSE: VLO), Tesoro Corp. (NYSE: TSO), and Marathon…
Natural Gas Prices Driven By LNG Imports? (DVN, CHK)
There are some issues surrounding natural gas that is keeping a cap on the sector. Spot prices are bouncing around between $3.50 and $4.00 per thousand cubic feet. At those prices, unconventional shale gas…
iSIRIUS… It’s Coming (SIRI, AAPL)
It looks like the long-awaited tie up from Sirius XM Radio Inc. (NASDAQ: SIRI) and Apple Inc. (NASDAQ: AAPL) is happening. This opens up a much larger market for SIRIUS XM. The company just…
China’s Power Consumption Rises
Electricity consumption in China has apparently risen 15% year-over-year in February, and 13.2% higher than January. The rise follows four consecutive months of falling consumption, which amounted to declines of as much as 20%…
S&P Cuts GE, A Mere Formality (GE)
General Electric Co. (NYSE: GE) was finally downgraded by a debt ratings agency. Standard & Poor’s cut the ratings for GE. This has been telegraphed for nearly three months. What is interesting is that…
Gilead Wins CV Therapeutics Bid; Higher Bid Coming? (GILD, CVTX)
Gilead Sciences, Inc. (Nasdaq: GILD) has agreed to buy CV Therapeutics, Inc. (Nasdaq: CVTX) for $20.00 per share in cash.
Bank Insiders Look Smart For a Change (C, WFC, BAC)
Some recent bank insiders that bought stock in their respective banks are finally looking smart after looking like fools for some time. Over the years, insider buying has been seen as a sign of…
Pfizer’s Sutent Scores Another Pancreatic Tumor Win (PFE)
Pfizer Inc. (NYSE: PFE) is stopping its Phase III clinical trial of Sutent early. This is generally a scare over adverse events, but not in this case. Sutent apparently has shown such a significant…
Continuing Jobless Claims Reach Record Losses
We just got the latest round of weekly jobless claims, and it is still a worker bloodbath out there. This last week’s figure was put at 654,000. Economists had project a reading of 645,000…
Down Markets and Dumb Economic Myths
By John Tamny RealClearMarkets Be it up markets or down markets, when stocks are moving powerfully in either direction lots of misinformation seeps into the public discussion. And with shares testing lows not seen…
Top Analyst Upgrades (ABMD, ALTR, SNP, JCI, MDAS, SQNM, ZNT)
These are some of the top analyst upgrades and positive research calls we are seeing this Thursday morning with about two hours until the market opens: Abiomed (ABMD) Raised to Hold at Jefferies. Altera…
Top Analyst Downgrades (CRZO, LDK, LUKOY, MBLX, PLLL)
These are some of the top analyst downgrades and negative research calls we are seeing this Thursday morning with about two hours until the market opens: Carrizo Oil & Gas (CRZO) Cut to Hold…