From The Contrarian Edge By Vitaliy Katsenelson, CFA The market has risen dramatically without looking back, ignoring every possible piece of negative domestic news (e.g. lower home sales, bankruptcies of subprime lenders). The reaction…
From The Stock Masters Here are some facts for you: If you had invested $2,000 in Pepsi 25 years ago, you would have started with 80 shares. Today, you’d have 2,800 shares and your…
Stocks: (CAJ)(FUJ)(HIT)(HMC)(NIPNY)(NTT)(DCM)(SNE)(TM)(CHL)(CHU)(CN)(PWC)(HBC) At 3.25 AM markets is Asia were off sharply with the Shanghai Composite the exception. The Nikkei fell 2.9% to 17,604. Bridgestone was off 1.4% to 2480. Canon was down 2.7% to…
Stock Tickers: KO, PEP, JNJ, MRK, PFE, PG, CAG, BUD, HRL, CPB, K, GIS, DUK, CL, MO, RAI, MCD, PYX, KFT, TAP DJIA 12,216.24; Down 416.02 (3.29%)NASDAQ …
On today’s STOP TRADING on CNBC Cramer talked about the ties to China and also how now the Fed has all of a sudden a rate-cutting Fed even though he has been saying this…
Tongjitang Chinese Medicines has filed to sell $192 million in securities for filing purposes, although those numbers are often arbitrary. The company is selling 9.965 million ADR shares that represent more than 39 million…
Cramer on today’s WALL STREET CONFIDENTIAL on TheStreet.com video said this sell-off is why he wanted to stay away from China. But he did also say to buy safer stocks because Chinese companies can…
S&P is actually out discussing the SIRIUS Satellite Radio (SIRI-NASDAQ) as having Improving metrics inside its core operations. While it says the company is giving cautious guidance (conservative), it still sees 22% upside in…
Usually when a 10-K (Annual Report) filing comes out, the first thing traders peer at is the ‘Legal Proceedings’ section and the ‘Auditor notes’. Particularly of note, they look for phrases such as "Going…
Leap Wireless (LEAP-NASDAQ) may have just found itself in a harder spot ahead of earnings after today’s close. With the Chinese 8.8% drop and the big selling we have seen this morning it is…
After Shanghai posted an 8.8% drop, its worst in roughly 10 years, shares of Chinese ADR’s that trade in the US are gapping down pretty far this morning. Here is a chart with some…
Brocade (BRCD) raised to Buy after earnings and firm raised 2007 EPS target to $0.60 from $0.55. Goldman Sachs also raised estimates on Celanese (CE), Merck (MRK), and Universal Health (UHS). Estimates decreased for…
(ASTE) Astec $0.29 EPS vs $0.26e.(BRCD) Brocade traded up 9% after beating earnings.(BIDU) Baidu.com and other Chinese stocks all trading lower after local Chinese markets hit by 8% in Shanghai and 1.75% in Hong…
ABX raised to Neutral at Credit Suisse.ALD cut to Mkt Perform at Wachovia.AZN started as Neutral at B of A.BBBY cut to neutral at UBS.BLDR started as Outperform at Piper Jaffray.BRCD raised to Outperform…
SIRIUS Satellite (SIRI-NASDAQ) did post earnings, but because of the quarterly subscribers already shown and because of the merger with rival XM (XMSR-NASDAQ) the quarter was irrelevant. Wht does matter is the size it…
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DB)(DT)(SAP)(SI)(ALU)(AXA)(FTE)(STM)(V) Markets in Europe were off sharply at 5.30 AM New York time. The FTSE is down 1.3% to 6,353. Barclays is off 2.8% to 767. BP is off .7% to 541. BT…
According to Reuters, Volvo will by the truck unit of Ingersoll-Rand for $1.3 billion. Reuters writes that Toyota (TM) will build an SUV plant in Mississippi to keep up with rising demand. Reuters reports…
Stocks: (CAJ)(FUJ)(HIT)(HMC)(NIPNY)(NTT)(DCM)(TM)(CHL)(CHU)(CN)(PCW)(HBC) Markets in Asia were down lead by large sell-offs in Chinese markets. The Nikkei was off .5% to 18,120. Bridgestone was up .8% to 2525. Canon was up .3% to 6650. Fuji…
By William Trent, CFA of Stock Market Beat If ever there was an earnings report to prove the “no news is good news” thesis it Marvell Technology Group Ltd. (MRVL) Reports Preliminary Revenue for…
By Yaser Anwar, CSC of Equity Investment Ideas JWN posted Q4 results of $0.89 vs. $0.69 last year, a 29% YoY increase in EPS, thanks to a strong holiday quarter and a strong year.…