10-Year Treasury Yield Back Above 4%
The 10-Year Treasury Note has crossed back above the 4.00% mark today. According to our data, the last time rates flirted with 4.00% on the 10-year treasury note was on May 14, 2008 when…
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Douglas A. McIntyre
Immelt Buys $3.5 Million in GE Stock (GE)
Chairman of General Electric Co. (NYSE: GE), Jeff Immelt, has made another vote of confidence in the stock today. In transactions listed with a trade date of TODAY May 28, 2008, the filing with…
Exxon (XOM) Kicks Rockefellers Down The Stairs
Being related, distantly, to the founder of the company which became Exxon (XOM), did not help the Rockefellers. They were at the front of a group of shareholders trying to separate the chairman and…
Costco: Can Earnings Catch Up To Valuations? (COST)
On Wednesday morning we’ll get to see earnings out of upscale warehouse retailer Costco Wholesale Corporation (NASDAQ: COST). The estimates from First Call are $0.65 EPS on $16.3 Billion in revenues. Next quarter estimates…
Law Firms Go After TASER Short Sellers (TASR)
A legal consortium of law firms has just filed suit on behalf of certain shareholders of TASER International Inc. (NASDAQ: TASR). Two Houston-based firms, The O’Quinn Law Firm and Christian Smith & Jewell, and…
Short Sellers Targeting Solar & Alternative Energy (AKNS, ASTI, CSIQ, CPST, ESLR, FTEK, OTTR, SPWR)
The overall short interest on NASDAQ stocks was actually pretty dull from the end of April to Mid-May, or at least that is the case until you go straight into looking at solar stocks…
Short Selling: Trouble Brewing In Online Brokers? (AMTD, ETFC, SCHW)
Short sellers TD Ameritrade Holding Corp.(NASDAQ: AMTD), E*TRADE Financial Corp. (NASDAQ: ETFC), and Charles Schwab Corporation (NASDAQ: SCHW) look like a mixed bag on the surface, but the trends in two of the three…
More Ford (F) Cuts, As Company Disappears To Nothing
The Detroit News says that Ford (F) will cut another 12% of its salaried workforce. Who will keep the books and design the cars? There must be some point at which Ford cannot continue…
Ralph Lauren Signals All Clear Sign (RL)
The worst may have been seen in many of the US apparel makers. At least that is what Polo Ralph Lauren Corporation (NYSE: RL) is trying to communicate on its own operations. The company…
Dow Chemical Hiking Prices Up To 20% (DOW)
It seems that the producers may be getting sick and tired of not being able to pass exponentially rising costs on to customers. This morning, The Dow Chemical Company (NYSE: DOW) has announced that…
Top 10 Pre-Market Analyst Calls (ALSK, AMLN, CX, FTO, NVDA, OVTI, BTU, QSFT, RBS, WBMD)
These are ten of the analyst calls we are focusing on this Wednesday morning: Alaska Communications (NASDAQ: ALSK) Raised to Buy at Banc Of America Securities. Amylin Pharmaceuticals (NASDAQ: AMLN) Raised to Equalweight at…
A Symbol Of Oil’s Problems: Indonesia Leaves OPEC
Indonesia would probably like to remain a member of OPEC, but it is pointless. The country is no longer a net exporter of oil. Needs within the country’s growing infrastructure and increasing use of…
Top US Brands Foreigners Could Buy With Cheap Dollars (SKS, HSY, WFMI, STZ, BUD, ETFC, S, LEAP, X, AA, LAMR)
There is one key thing that the U.S. Dollar weakness could bring about if the dollar stays where it is. If it continues its slide next year even though our interest rate futures are…
US Air (LCC) Walks From United (UAUA) Talks As The Wheels Come Off
Reports are that the heated merger talks between United (UAUA) and US Air (LCC) have gone away. Both airlines are probably still talking to AMR (AMR), Continental (CAL), and any other puddle-jumper with a…
Microsoft (MSFT) Windows For Buffoons
Microsoft (MSFT) has started to show-off a touch-screen function for its next version of Windows. That would allow a PC to function sort of like an Apple (AAPL) iPhone, as The Wall Street Journal…
GE (GE) Plans To Cut Water Consumption 20% By 2012, Halve Stock Price
GE (GE) plans to cut its water consumption across the company by 20% between now and 2012. According to Bloomberg "In addition to the first-ever water reduction pledge, Fairfield, Connecticut-based GE also said it…
Shorts Leave Microsoft (MSFT), Claw Other Tech Stocks (YHOO)(INTC)(CMCSA)(SIRI)(JAVA)(LVLT)
Short sellers moved out of Microsoft (MSFT) based on data as of May 15 compared with numbers on April 20. Short interest in the software company fell by 25 million shares to 73.4 million.…
Media Digest 5/28/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, merger talks between United (UAUA) and US Air (LCC) has slowed. Retuers writes that NetFlix (NFLX) and Blockbuster (BBI) held competing analysts meetings on the same day. Reuters reports that GE…
Asia Markets 5/28/208 (TM)
Markets in Asia were mixed. The Nikkei fell 1.3% to 13,709. Nippon Oil was down 4.6% to 752. Toyota (TM) was off 1.6% to 5020. The Hang Seng fell .3% to 24,216. Cathay Pacific…
Set-Top Box Deal, Another Set-Back For Motorola (MOT)
The cable company will not be the sole provider of TV set-top boxes any longer. According to MarketWatch, "Industry officials said that by eliminating the set-top box, cable companies can simplify installation and reduce…