GeoResources, Inc. (NASDAQ: GEOI) has filed to sell up to $100 million in a mixed securities shelf registration. The company lists and combination of common stock, preferred stock, depositary shares, debt securities, warrants which…
State Street Corp. (NYSE: STT) has filed for the potential resale of preferred stock, common stock, and warrants which was purchased by Uncle Sam in a recent transaction. This allows for the resale of…
ZymoGenetics, Inc. (NASDAQ: ZGEN) has filed an SEC registration which would allow the company to sell up to $100 million of its common stock from time to time. What is important to note is…
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) has filed to sell up to 25 million shares of common stock in a public secondary offering. Underwriters were not listed. Arena is a clinical-stage biotech company focused on…
Zale Corporation (ZLC) Loss and withdraws annual forecast. Drops to $5.15 from 52-week high of $30.89. Rio Tinto (RTP) BHP withdraws takeover bid. Falls to $93.42 from 52-week high of $558.65. Lee Enterprises (LEE)…
We covered an IPO Filing back in August for a company called US Power Generating Company. The company is a wholesale power generation company in New York which had filed to sell up to…
Universal Corporation (NYSE: UVV) has filed an automatic shelf registration statement with the SEC that will allow it from time to time to sell securities. The leaf tobacco merchant and processor will be able…
After months of hunting, there still may be no single solution to the market and economic problems that are driving GM (GM) out of business. Any steps will have to bring together creditors, suppliers,…
The FDIC is going to be working overtime. The agency increased the number of "troubled" banks on its list of firms it may have to shut down. The open question is where the FDIC…
E*TRADE Financial Corporation (NASDAQ: ETFC) announced this morning that it is continuing to work with regulators through each phase of its TARP application and that it "remains optimistic that it will receive the necessary…
Coca-Cola Bottling Co. (NASDAQ: COKE) filed with the SEC to sell up to $300,000,000 in a mixed securities shelf. The company listed Debt Securities, Preferred Stock, Common Stock, and Class C Common Stock as…
After the close yesterday, Bill Ackman’s Pershing Square Capital hedge fund disclosed a 7.5% stake (20,080,690 shares) in embattled REIT General Growth Properties Inc. (GGP). Pershing Square purchased the subject shares and the swaps,…
Long after the market closed yesterday, Black Hills Corporation (NYSE:BKH) seriously reduced its guidance for 2008 and its outlook for 2009. Full-year EPS is now expected to come in at $2.00-$2.10, about 7.5% lower…
The reports out of DRAMexchange are showing some good trends and some bad trends. The good trend is that every day DRAM and computing power is getting cheaper and cheaper for you and me. …
We’ve already conducted the post-mortem on the failed bid by Australia’s BHP Billiton (NYSE:BHP) for Britain’s Rio Tinto (NYSE:RTP). There are just a couple of details worth noting.
Ethanol maker VeraSun (VSUNQ) is currently in Chapter 11, and is spreading the suffering to growers because it has stopped buying feedstock (corn) that it can’t pay for. But never fear, help is on…
These are some of the positive analyst calls and upgrades we are seeing early this Tuesday morning: American Water Works (AWK) Started as Buy at Societe General. Black & Decker (BDK) Raised to Buy…
These are some of the top downgrades and negative calls we are seeing from Wall Street analysts this Tuesday morning: Developers Diversified (DDR) Cut to Neutral at Goldman Sachs. Federated Investors (FII) Cut to…
It was just this last summer that the heads of Merrill Lynch (MER), Lehman, and Morgan Stanley (MS) said the financial crisis had peaked and its energy was dissipating. It would be hard to…
The news is as old as the Magna Carta. The consumer is broke. He does not have a dime. He is out of work. He is defaulting on his home equity loan, and the…