All Work

Jon C. Ogg

Intel Taking on $6 Billion in Debt to Buy Back More Stock

Intel Corp. (NASDAQ: INTC) is said to now be looking at a $6 billion debt offering in three different tranches. The company used the “for general corporate purposes” explanation but it also said it…

Jon C. Ogg · 14 years ago

Netflix Snags Disney

Netflix, Inc. (NASDAQ: NFLX) and The Walt Disney Company (NYSE: DIS) appear to be rekindling at least some of their prior relationship. Disney Studios has just announced a multi-year premium Pay TV window agreement…

Jon C. Ogg · 14 years ago

Investigation Poses Survival Risk for Net 1 UEPS

Net 1 UEPS Technologies Inc. (NASDAQ: UEPS) is finding out just how fun and complicated it can be when a foreign company is being investigated by the Department of Justice. The South African payment solutions…

Jon C. Ogg · 14 years ago

Intel to Launch Note Offering and Aggressively Repurchase Shares

Intel Corp. (NASDAQ: INTC) has filed its automatic shelf registration statement with the Securities & Exchange Commission. While these are normally just open shelf filings, Intel has already added another filing that will generate…

Jon C. Ogg · 14 years ago

The Key Gold Trade for 2013, Pairing Gold Against Miners

Any Wall St. pundit will tell you that the overprinting of money is a train wreck waiting to happen. The Federal Reserve balance sheet sits at almost three trillion dollars after two rounds of quantitative…

Jon C. Ogg · 14 years ago

Going to the FHA for the Unconventional Mortgage

Like all bubbles that have burst, the housing crisis left an extremely scarred landscape. What used to be a fairly routine mortgage process for a qualified home buyer has turned into a not so…

Jon C. Ogg · 14 years ago

Bezos Sells Almost $200 Million of Amazon.com Stock

Jeff Bezos, founder, chairman and CEO of Amazon.com Inc. (NASDAQ: AMZN) is taking some extra cash out of the company. This may just be spending change for billionaires but this is empire-making money for…

Jon C. Ogg · 14 years ago

PDL BioPharma’s Questionable CFO Exit

PDL BioPharma Inc. (NASDAQ: PDLI) shareholders are going to be scratching their heads trying to figure out what is going on. The company announced after the close on Monday that Bruce Tomlinson has resigned…

Jon C. Ogg · 14 years ago

Boehner Makes New Fiscal Cliff Offer of Sorts

Speaker of the House John Boehner has sent a letter to President Obama suggesting a more balanced $4.6 trillion approach to avert the coming fiscal cliff. The letter goes mostly back to the Simpson-Bowles…

Jon C. Ogg · 14 years ago

Analyst Take: Is Lululemon Really Worth $91 per Share?

Lululemon Athletica Inc. (NASDAQ: LULU) is trading higher this morning after Canaccord Genuity initiated coverage with a Buy rating with a price target of $91 per share. Today’s gain comes from a blended average…

Jon C. Ogg · 14 years ago

Two Analysts Remain Cautious on RIM Rally

Research In Motion Ltd. (NASDAQ: RIMM) may still be down and out, but its shares have made a major recovery from the bottom. After a Goldman Sachs upgrade to Buy on Friday with a…

Jon C. Ogg · 14 years ago

November ISM Bordering Recession Ahead of the Fiscal Cliff

Today’s data from the Institute for Supply Management is showing that the November Manufacturing Report on Business was an utter disappointment. The ISM figure came in at 49.5%, which is under the 50.0% growth-contraction…

Jon C. Ogg · 14 years ago