CVR Energy, Inc. (NYSE: CVI) announced Friday evening that the managing general partner of CVR Partners has decided to postpone the IPO of its CVR Partners indefinitely. The company noted that its review of…
If you have been watching the movement in General Electric Co. (NYSE: GE) for this last week, you won’t be surprised to hear that this is due to intense "market chatter" out in the…
Wachovia (WB) Sitll concerns about faltering balance sheet. Down to $18.22. Gatehouse Media (GHS) Another newspaper industry victim. Down to $2.98. Fifth Third Bancorp (FITB) Announces it will raise money. Down to$12.97. Douglas A.…
It’s been a while since we have seen many blank check or special purpose acquisition company (SPAC’s) file to come public. We just saw a filing for an IPO from Staccato Acquisition Corp., although…
As we have pointed out over and over, it appears that buyback announcements are on the decline in a serious way as far as "new buyback plans" being announced. Ultimately we believe that the…
RYDEX INVESTMENTS has now launched eight new ETF’s on the American Stock Exchange this week. These eight new RYDEX ETF products will offer investors inverse and leveraged inverse exposure to the energy, financial, health…
Fifth Third Bancorp (NASDAQ: FITB) is seeing a floodgate opened with sellers thrashing shares. The culprit for this is a downgrade out of BMO Capital, where the brokerage firm downgraded the stock to a…
A report out of Citigroup this morning is sending shares of Saks Inc. (NYSE: SKS) higher this morning. The broker reiterated its BUY rating on the stock and its $20.00 target notes that the…
For almost two years, the focus on Sirius (SIRI) and XM Satellite (XMSR) has been on whether they would craft a merger and then whether it would be approved. The FCC has effectively dragged…
The newspaper industry was hit with another downgrade today, astonishing because almost all of the stocks in the sector are at 52-week lows. Wachovia cut its ratings on several chains including Gatehouse (GHS), McClatchy…
We have already covered Capstone Turbine Corporation (NASDAQ: CPST) on the raw earnings news last night along with its huge backlog being more important than earnings. Shares slid off a tad in after-hours last…
Reuters is reporting that ExxonMobil Corp. (NYSE:XOM) plans to sell the 1,400 retail outlets it owns and the 820 it operates over the next several years. The company doesn’t want to fool around any…
There are other calls out there, but these are ten of the early morning analyst calls that we are focused on this Friday 13th: Aflac (NYSE: AFL) Started as Buy at SunTrust Robinson Humphrey.…
US home foreclosures moved up 49% in May, compared with the same month a year ago. Figures from RealtyTrac show that "One in every 483 U.S. households received a foreclosure filing in May," according…
Ford (F) wants the Feds to help it build and market an electric car. The vehicle manufacturer argues that if Congress does not give incentives to citizens who want to buy the expensive motor…
US Air (LCC) became the latest airline to cut a lot of people and routes in the hope of cutting enough costs to stay afloat. It is a valiant move, but will probably not…
Two thousand years from now, when archaeologists dig up the bones of present-day CEOs, they will find that those who were in any way related to their company’s founders had a mutated gene in…
According to Reuters, Pfizer (PFE) may make a counter-bid for Ranbaxy Laboratories, the generic drug-maker. Reuters reports that deal talks between Yahoo! (YHOO) and Microsoft (MSFT) are dead. Yahoo! will do an advertising deal…
According to Reuters, Pfizer (PFE) may make a counter-bid for Ranbaxy Laboratories, the generic drug-maker. Reuters reports that deal talks between Yahoo! (YHOO) and Microsoft (MSFT) are dead. Yahoo! will do an advertising deal…
Markets in Asia were mixed. The Nikkei was up .6% to 13.974. Honda (HMC) was up 3.2% to 3840. NTT (NTT) was off 2.2% to 487000. The Hang Seng was down .9% to 22,817.…