All Work

Jon C. Ogg

Cisco Earnings & Guidance Face Fiscal Cliff Risks

courtesy of Cisco SystemsCisco Systems, Inc. (NASDAQ: CSCO) is set to report earnings this week on Tuesday after the close of trading. One has to wonder just how good this earnings can be. This…

Jon C. Ogg · 14 years ago

Yet Another Turn South for Greece

thinkstockHold your hand up if you are just about as sick of hearing about Greece. The Greek people are being forced into more pain and the nation seems to need more and more money and…

Jon C. Ogg · 14 years ago

Another 27% Downside Seen in JCPenney

ThinkstockRon Johnson is not having a good time at trying turn around JCPenney Co. Inc. (NYSE: JCP). Nothing seems to be working here. Now we have Credit Suisse taking an already cautious Neutral rating…

Jon C. Ogg · 14 years ago

Metals Merger in Time of Weakness (TIE, PCP)

ThinkstockTitanium Metals Corp. (NYSE: TIE) was not the most well known metals outfit out there with its $2 billion market value. Now the company is being acquired in a $2.9 billion buyout from Precision Castparts…

Jon C. Ogg · 14 years ago

Gilead Sciences and Celgene Score Major Drug Wins

ThinkstockWhen biotech stocks become as big as some of the second-tier drug stocks, it represents billions of dollars worth of value when these move 5% or 10%. That is exactly what we are seeing…

Jon C. Ogg · 14 years ago

ING U.S. Files for IPO

ThinkstockING U.S. Inc. is filing for an initial public offering. The financial giant has hired Morgan Stanley and Goldman Sachs as the initial underwriters. No terms have been set other than that the initial…

Jon C. Ogg · 14 years ago

Molycorp Discloses Formal SEC Investigation From August

ThinkstockMolycorp, Inc. (NYSE: MCP) shares were holding up fine after earnings, but the company’s 10-Q Filing with the Securities and Exchange Commission listed an SEC investigation that went back to the month of August.…

Jon C. Ogg · 14 years ago

Duke: Different Regulations for Community Banks, Maybe

ThinkstockFederal Reserve Governor Elizabeth Duke is speaking at the Community Bankers Symposium in Chicago, Illinois today. She brought up new capital requirements under Basel III being delayed. The agencies announced this morning that they…

Jon C. Ogg · 14 years ago

Wholesale Inventories Gain Outshined by Sales in September

ThinkstockWholesale inventories for the month of September came in with a gain of 1.1%, according to the Commerce Department. This has a lag because  it is a September report. This is also less current…

Jon C. Ogg · 14 years ago

October Import Prices Showing Some Inflation

ThinkstockImport prices rose for the third month in a row in the month of October. The U.S. Labor Department reported a 0.5% gain month over month when you compare the gains to September, despite…

Jon C. Ogg · 14 years ago

That Was Fast: Kayak Already Being Acquired

ThinkstockKayak Software Corporation (NASDAQ: KYAK) only came public this summer. Now it is already being acquired. Priceline.com Incorporated (NASDAQ: PCLN) announced that it has signed a definitive agreement to acquire KAYAK in a stock…

Jon C. Ogg · 14 years ago

Westport Takes Revenue Projections South

ThinkstockWestport Innovations Inc. (NASDAQ: WPRT) has not had a good performance since the end of October. In fact, its stock before today’s halt ahead of earnings was trying to break an eight-day losing streak.…

Jon C. Ogg · 14 years ago