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Jon C. Ogg

Lower Government Deficit Comes With Mixed Encouragement

The U.S. Treasury released its Budget statement for January 2014 on Wednesday afternoon. The deficit of $10.4 billion was far narrower than the $30.8 billion deficit expected by Bloomberg. It even came close to…

Jon C. Ogg · 13 years ago

Get Ready for Higher Amazon Prime Fees

ThinkstockAmazon.com Inc. (NASDAQ: AMZN) may finally be on the verge of changing its method of acting like a non-profit entity. With margins running at close to zero, or sometimes negative, now it seems as…

Jon C. Ogg · 13 years ago

Powerball Lottery Hits $284 Million, What to Do If You Win

ThinkstockWednesday brings yet another chance at a huge lottery winning, and it would instantly create a new empire owner. The current Powerball lottery from Pennsylvania is now up to $284 million. The Powerball jackpot starts at $40…

Jon C. Ogg · 13 years ago

Why Control4 Shares Could Still Double

ThinkstockControl4 Corp. (NASDAQ: CTRL) surged after the company’s fourth-quarter earnings report. This is a home automation player with wider ambitions than just your new home. While the stock gained visibility after Google’s $3.2 billion…

Jon C. Ogg · 13 years ago

Cisco Earnings on Deck: Analysts, Options and Chart Preview

Cisco Systems will report its fiscal second-quarter after the close of trading on Wednesday. 24/7 Wall St. has outlined the analyst expectations, the analyst bias, options trading expectations and the chart, and it has…

Jon C. Ogg · 13 years ago

Five NYSE Stocks With Huge Short Interest Gains

24/7 Wall St. has decided to track some of the top increases in the short interest of NYSE stocks for the period ended January 31, 2014. They include Caterpillar, MasterCard, J.C. Penney and Verizon.

Jon C. Ogg · 13 years ago

Zynga Files Shelf Registration, for Selling Stakeholders

Zynga has filed a shelf registration statement that will allow the company to sell new shares into the market. This proposed secondary offering will be for up to 28,178,201 shares, which are worth a…

Jon C. Ogg · 13 years ago

Sprint Raising Its CLEAR Broadband Pricing

Sprint now owns Clearwire, or at least they are together as a quasi tracking stock under Softbank. Most wireless subscribers seen news of price wars of late, but the price of a monthly CLEAR…

Jon C. Ogg · 13 years ago

Venezuela and Forex Woes Take Down Guidance From Procter & Gamble

Courtesy Procter & GambleProcter & Gamble Co.(NYSE: PG) has issued an earnings update to reflect what it called significant currency exchange rate movements. The consumer products giant is adjusting its total sales and earnings…

Jon C. Ogg · 13 years ago

Sirius XM Merger Price Looks Closer to Fruition

It looked like the Sirius XM buyout was suddenly having problems as recently as last week. That may no longer be the case. What investors need to know is that the merger is not…

Jon C. Ogg · 13 years ago

Total Reset on Infoblox — All Support Is Lost

Infoblox is getting slaughtered after its earnings report. The network automation firm posted a surprise sequential revenue drop due to weak ordering trends. A weak January was augmented by weak federal orders.

Jon C. Ogg · 13 years ago

Canadian Solar Seeks Capital After Big Stock Gains

Canadian Solar traded lower on Tuesday after the solar player announced a secondary offering. The company sold 2.6 million shares of common stock, as well as up to $100 million in convertible notes.

Jon C. Ogg · 13 years ago