U.S. Inflation Versus E.U. Recession
Thursday is going to be a key economic event day for traders who trade just about everything. You could almost consider it an Olympic boxing match titled US INFLATION VS. RECESSION" as a catch…
All Work
Douglas A. McIntyre
52-Week Low Club (CCJ, CPN, CECE, CROX, GGP, TWB)
As the markets went back to triple-digit losses, there were many more new stocks (and repeat performers) on the 52-week low club today. Many of these look just like an explosion in a city…
IPO FILING: Changing World Technologies
Changing World Technologies Inc. filed yesterday for an initial public offering. While a share count and price range are not indicated, the filing is for up to $100 million in securities. A ticker signal…
Insurers Sell Risk Management Via Verisk IPO (HIG, TRV, CNA, AFG, AIG, ACE)
A company called Verisk Analytics Inc. has filed to come public via an initial public offering in a securities sale of up to $750 million worth of class A common stock. The company did…
Cramer with Google’s Eric Schmidt… $750 (GOOG, MSFT
On today’s Olympic-shortened MAD MONEY break now at 1:30 PM on CNBC, Jim Cramer interviewed Eric Schmidt, Chairman & CEO of Google Inc. (NASDAQ: GOOG). Cramer said that in July it got hit over…
GM and the Moody’s Gorilla, Round 16 (GM, F)
If you believe that the bond rating agencies either matter or still offer any relevance in the post-meltdown (or is it mid-meltdown?) world, then you can see they are at it again. Moody’s has…
Energy Watch Part I: Alternative Energy’s Biggest Losers (HYDG, NBF, BIOF, PEIX, XNL)
We have been reviewing which publicly traded energy companies have lost the most value in the past year, and we are breaking these down by sector and by sub-sector. While composing this list is…
Wednesday’s Day Trader Alerts (NVDA, LVLT, CSIQ, CREE)
This morning over at VSinvestor we identified several key stocks that the more active and day trading crowds will want to watch. Canadian Solar (NASDAQ: CSIQ) under major pressure after earnings Cree Inc. (NASDAQ:…
Can Longs Buyout Save Drug Store Sector? (LDG, CVS, RAD, WAG)
Longs Drug Stores Corporation (NYSE: LDG) is trading way up this morning after last night’s announcement that CVS Caremark Corporation (NYSE: CVS) will acquire the company. In a definitive agreement reached, Longs will receive…
Early-Bird Analyst Upgrades & Downgrades (PHM, TOL, CCOI, LVLT, PCZ, TWB, TWT, WCN, WW)
These are not all of the analyst calls out there but these are some of the calls we see having an impact on trading this Wednesday morning with more than two hours to the…
24/7 Wall St. Most Overpaid CEO Of The Day: Insulet Corp (PODD) CEO Duane DeSisto
Insulet (PODD) reported earnings well below Wall St. expectations and revised its forecast for the rest of the year down. The stock is set to open off today. According to the AP, "Insulet Corp.…
24/7 Wall St. Biotech Report: Short-Selling And Splits (AMGN)(CELG)
Short sellers moved out of biotech stocks in the latest period according to Biohealth Investor. The short interest in Amgen (AMGN) dropped 22% and Calgene (CELG) fell 20%.
Banks: Selling Debt To Lose More Money
Banks that claim they are off-loading risk may be making a case which is a bit overblown. Recently, Citigroup (C) and RBS (RBS) dumped loans to private equity firms including Blackstone (BX). The LBO…
The Foreclosure Problem: Death By A Thousand Cuts
The rate of foreclosures continues to accelerate. That generally means that banks are dumping them as fast as they can. Banks don’t want to own houses. And, why should they? The value of the…
The Dangers Of Overreacting To The Current Economic Environment: Whole Foods Market (WFMI) And Tween Brands (TWB)
Subprime lenders like New Century Financial, Novastar, and, to a large extent, Countrywide Financial, learned a hard lesson in the dangers of operating businesses as though the then-current good economic times would last forever.…
Japan Moves Into A Recession Ahead Of The US
By the clock, Japan is twelve hours ahead of the US, By the numbers, it is entering a recession. By most estimates, Japan still has the No. 2 economy in the world based on…
Nvidia (NVDA): The Buy-Back Makes A Comeback
Nvidia (NASDAQ:NVDA) defiled itself with earnings which should undercut investor faith in the company for many quarters to come. The graphics chip firm took a charge of nearly $200 million for releasing a faulty…
Goldman Sachs (GS) Bets Big On Buyouts Of Yesteryear
While the mainstream media reminisces about the heady days of the private equity bubble with all the fondness of a first-date discussion of past romances, Goldman Sachs is betting big that the unwanted, unloved…
Media Digest 8/13/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Goldman Sachs (GS) will buy $1.5 billlion in assets from ABN. Reuters reports that Ford’s (F) new plans will not change because of the fall in gas prices. Reuters writes that…
Asia Markets 8/13/2008 (LFC)
Markets in Asia fell The Nikkei was down 2.1% to 13,023. Konica Minolta fell 4.3% to 1504. Mitsubishi Electic fell 4.2% to 939. The Hang Seng fell .9% to 21,447. China Life (LFC) fell…