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Jon C. Ogg

The Return of Kodak After Bankruptcy, It Is Public Again

If one bankruptcy in recent history was about as well telegraphed as you could ever imagine, it was the bankruptcy of Eastman Kodak Company (NYSE: KODK). This down and out company has made its…

Jon C. Ogg · 13 years ago

Barrick Stock Sale Puts New Risk in All Gold Mining Stocks

ThinkstockBarrick Gold Corp. (NYSE: ABX) already was having a bad week after earnings, when it disclosed more delays on projects. The real snafu here was that Barrick decided to add insult to injury by…

Jon C. Ogg · 13 years ago

This Is What Is Killing AIG After Earnings

Wikimedia CommonsAmerican International Group Inc. (NYSE: AIG) may still be out of favor among much of the public for its role in the financial meltdown, but now it is back in a more normalized…

Jon C. Ogg · 13 years ago

ISM October Surprise: Manufacturing Sector Is Booming!

ThinkstockTwo different manufacturing reports hit the tape this morning. The more important and broader measurement from the Institute for Supply Management (ISM) report on business covered the manufacturing sector for October. This reading came…

Jon C. Ogg · 13 years ago

Markit PMI Sinks to Worst Reading of the Year

Right before 9:00 a.m. EST on Friday we saw that the Markit Purchasing Managers Index for October fell to 51.8 from 52.8 in September. The good news is that the number was better than…

Jon C. Ogg · 13 years ago

Barrick Gold Hat Trick: Mega-Stock Sale to Pay Debt

ThinkstockYou have heard of robbing Peter to pay Paul, but how about diluting equity to wipe out debt? Barrick Gold Corp. (NYSE: ABX) was already lower after earnings by 5.4%, and it has taken on…

Jon C. Ogg · 13 years ago

Could Vodafone Really Even Be Acquired by AT&T?

ThinkstockIf you thought that the Verizon Communications Inc. (NYSE: VZ) deal with Vodafone Group PLC (NASDAQ: VOD) was massive this year, there is talk that AT&T Inc. (NYSE: T) is now considering an even…

Jon C. Ogg · 13 years ago

Ariad Going to Hell in a Handbasket

ThinkstockThings just keep getting worse for Ariad Pharmaceuticals Inc. (NASDAQ: ARIA). In fact, a series of shareholder revolts are probably in the works here after yet another massive drop on news that it is…

Jon C. Ogg · 13 years ago

Business Credit Hits 2013 High, Signals Strong 2014

Courtesy J.C. Penney Co. Inc.; photo by Chris RupertOctober was a very strange month for business and government alike. The federal government shutdown ground down many operations to a stall or outright closure. It…

Jon C. Ogg · 13 years ago

Weekly Jobless Claims Looking Better, and Normalized

Ed Brown, via Wikimedia CommonsThe U.S. Labor Department may be delaying its unemployment report a few days late after the federal government shutdown, but we are still getting to see the weekly jobless claims…

Jon C. Ogg · 13 years ago

Exxon Mobil Delivers on Earnings and Revenue

Wikimedia CommonsExxon Mobil Corp. (NYSE: XOM) is out with its third-quarter earnings. This company staggers its release by sending it to newswires before releasing its formal press release, which always makes for an interesting…

Jon C. Ogg · 13 years ago

The Five Worst Performing Stocks on the Dow

courtesy of McDonald'sThe Dow Jones Industrial Average is up more than 19% so far this on the year. The DJIA, an index of 30 stocks from some of the country’s largest companies, is a…

Jon C. Ogg · 13 years ago