Youbet.com Files To Raise Cash (UBET)
YouBet.com Inc. (NASDAQ: UBET) has just filed a mixed shelf registration with the SEC to allow it to sell securities to raise capital. The securities listed are any combination of common stock, preferred stock,…
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Douglas A. McIntyre
Unisys Corporation Files To Raise Cash (UIS)
Unisys Corporation (NYSE: UIS) has filed to sell up to $660 million in a mixed securities shelf. The securities listed are any combination of debt securities, common stock, preferred Stock, warrants, and stock purchase…
India ETF’s & Funds Hold Up After Terror Attacks in Mumbai (PIN, EPI, IIF, IFN, INP)
Fresh terrorist attacks targeted against foreigners in Mumbai, India have failed to thwart a market rally today. Reports have foreigners being taken hostage at premiere hotels frequented by the wealthy and by business travelers.…
GM (GM) And Ford (F): What Bailout?
Are the markets still unstable? Are they subject to sharp moves on a rumor or a whim? Ford (F) and GM (GM) are both up about 30% today. The reason is astonishingly thin. In…
Indian ADR’s Unphased By Terror Attacks (INFY, IBN, REDF, SAY, SLT, TTM, WIT)
Fresh attacks that appear to be targeted against foreigners in Mumbai, India have failed to thwart a market rally today even in Indian stocks. Reports have foreigners being taken hostage at premiere hotels frequented…
New Bear Market Financial Terms
We have created a new take on many traditional stock market and financial terms for the new economy. Some of these are gut busters and some may hit a little close to home. Sometimes…
BCE Merger Suddenly In Jeopardy (BCE)
There is one huge going-private transaction which has yet to close and has been pending for what feels like an eternity. BCE, Inc. (NYSE: BCE) in Canada has been in the works for more…
Kinder Morgan Predicts Future (KMP)
Kinder Morgan Energy Partners (NYSE:KMP) announced this week that it expects to distribute $4.20/common unit as its dividend in 2009. The company will distribue $4.02/unit in 2008. The company based its projections on a…
NRG Says No; Exelon Says Please (NRG, EXC, JPM)
It took NRG Energy (NYSE:NRG) almost two weeks to figure out that shareholders should reject the exchange offer from Exelon Corporation (NYSE:EXC). That’s odd because NRG had already rejected the same offer before Exelon…
Recession Watch: Jobs, Durables, Income, Spending
If you were looking for good news before the holiday, you might need to look at retail discounts for retail or might want to read some nice childrens’ books. The economic data does not…
Coinstar Files To Raise Cash (CSTR)
Coinstar Inc. (NASDAQ: CSTR), the owner and operator of all the big giant green machines which counts and changes your coins for paper cash, has filed a mixed shelf registration with the SEC to…
Top Pre-Market Analyst Downgrades (BBL, CBE, CPRT, DT, GPC, MPW, SAP, TRIN)
These are the top downgrades and cautious calls we have seen from Wall Street analysts this Wednesday morning: BHP Billiton plc (BBL) Cut to Hold at Canaccord. Cooper Industries (CBE) Cut to Neutral at…
Top Pre-Market Analyst Upgrades (EQIX, HLS, ITRI, MPEL, RTP, RTIX, UL, WSM)
These are the few upgrades and positive research calls we have seen from Wall Street analysts this Wednesday morning: Equinix (EQIX) Started as Overweight at JPMorgan. Healthsouth (HLS) Raised to Buy at Jefferies. Itron…
When Toyota (TM) Has A Rating Cut, The Auto Business Really In Trouble
Detroit is in real trouble. There has been some hope that the really healthy Japanese and European car companies could hold on to their credit ratings. Toyota (TM) has a bullet proof balance sheet…
Will The $800 Billion Work?
Get the money out and get it out fast. If the Fed’s new facility can push $800 billion into part of the economy which supports consumer lending, the ability for people to buy homes,…
Mourning China
Who has not read the accounts of China becoming the world’s largest economy, perhaps in a month or two? Or a year? Or a decade? It will dwarf the economies of the US, EU,…
AIG (AIG): Recycling Debt Without Paying Anyone Back
AIG is ready to repay the Fed $40 billion. The money will come from preferred shares it raised with backing from Treasury. If AIG defaults, the federal government gets the bag. That is the…
Paulson Tells Insurance Companies That There Is No Room At The Inn
Since almost every sector of the economy from autos to cities is asking Henry Paulson for a bit of his $700 billion fund, why should the insurance companies be any different? They are different…
Media Digest 11/26/2008
According to Reuters, Paulson has turned his back on giving insurance companies part of the bailout Reuters reports that Rio Tinto (RTP) is faced with selling assets, Reuters reports that the head of Citigroup…
Goldman Sachs (GS) Brings In $5 Billion On The Cheap
In a home run for troubled credit markets, Goldman Sachs (GS) raised $5 billion with backing from the FDIC. It is likely that a number of other US financial firms will follow quickly, The…