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Jon C. Ogg

The Endgame for NII Holdings Nears

ThinkstockNII Holdings Inc. (NASDAQ: NIHD) is not trading like a company that simply reported a wider loss than expected. The Latin American wireless Nextel telecom provider i sin trouble and signaled that it will…

Jon C. Ogg · 13 years ago

Is China Unofficially Depegging Against the Dollar?

ThinkstockThe Chinese renminbi, or yuan, is still pegged to the U.S. dollar. China has been accused of being a currency manipulator in the past, even though almost every nation is a currency manipulator these…

Jon C. Ogg · 13 years ago

Icahn Rolls Out the Machine on eBay

Carl Icahn, unsurprisingly, is not letting up on his attack on eBay. The billionaire and activist investor has released a response letter (to a response of a response) to eBay shareholders on Friday morning.

Jon C. Ogg · 13 years ago

UBS Has Five Tech Stocks to Buy for Much Higher Gains

The technology analysts at UBS have spotted five red-hot stocks that may be poised to move much higher. All of these stocks are solid business leaders in their various fields, not hype or smoke…

Jon C. Ogg · 13 years ago

Weak GDP Gets Weaker in Revision

ThinkstockFriday’s key economic report was the first revision to fourth-quarter gross domestic product (GDP). The Commerce Department’s numbers were expected to be revised down, and they were revised slightly more than expected. GDP for…

Jon C. Ogg · 13 years ago

Federal Reserve Balance Sheet Now Hits $4.16 Trillion

ThinkstockThe Federal Reserve is under a new chairman, and the new policy is still one that will come with ongoing bond purchase tapering. Still, the Fed’s balance sheet keeps growing and is moving further…

Jon C. Ogg · 13 years ago

The Best Conglomerate for the Rest of 2014

The markets are way up, but for some reason this just does not feel like a market at the all-time high. That being said, 24/7 Wall St. wanted to evaluate the conglomerate sector for…

Jon C. Ogg · 13 years ago

Did Wesport Innovations Finally Just Bottom?

ThinkstockWestport Innovations Inc. (NASDAQ: WPRT) has a lot to be thankful for after what was a poor earnings report. The quarterly report was nothing stellar, and this year is going to be one of…

Jon C. Ogg · 13 years ago

Two Very Different Takes on Baidu

Baidu was hitting new all-time highs in the after-hours trading session Wednesday night. The problem is that we have seen one key upgrade and one key downgrade from Wall Street analysts on Thursday.

Jon C. Ogg · 13 years ago

Can Aegerion Still Rise 70%?

Merrill Lynch issued a note on Aegerion Pharmaceuticals in the wake of its earnings report that both maintained a Buy rating and maintained its $102 price target. This target implies about 70% upside.

Jon C. Ogg · 13 years ago

Weekly Jobless Claims Heading the Wrong Way

Ed Brown, via Wikimedia CommonsThursday’s economic report calendar seemed to be good when you consider that the decline in durable goods was better than expected, but the Labor Department has released a skunk of…

Jon C. Ogg · 13 years ago

Durable Goods Better Than Headline Data Suggests

ThinkstockThe Commerce Department’s reading on durable goods is one of the most volatile economic reports issued each month. Then there is the notion that weather in much of the Midwest and Northeast has kept…

Jon C. Ogg · 13 years ago