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Jon C. Ogg

Alcatel-Lucent Tries Management Reshuffle, Focus on P&L

Alcatel-LucentAlcatel-Lucent S.A. (NYSE: ALU) is trading marginally higher on what is probably being packaged and sold as a management reshuffling but what may just be a mild switch of a product focus. Today’s continued move seems…

Jon C. Ogg · 14 years ago

S&P Looks for Direction Ahead of Bernanke (SPY)

The markets are all a bit soft this Monday with the major indexes trading marginally in the red. After last week’s negative employment surprise and with Draghi’s efforts to buy bonds from troubled nations, now…

Jon C. Ogg · 14 years ago

Insiders Looking to Dump Michael Kors for Huge Profit

If you made as much money in shares of luxury apparel and accessories-maker Michael Kors Holdings Ltd. (NYSE: KORS) as the insiders have, chances are high that you would want to lock in at least…

Jon C. Ogg · 14 years ago

More Layoffs and Restructuring in Kodak Bankruptcy

The bankruptcy implosion at Eastman Kodak Co. is going from ugly to uglier. How Antonio Perez has been able to remain CEO is more than just a mystery. Perez is naming the leadership for Kodak’s…

Jon C. Ogg · 14 years ago

Implosion Day at Geron

Geron Corp. (NASDAQ: GERN) has spent much of the past decade migrating from the key stem cell research player into a total dud. Now we have more news that may act as a further…

Jon C. Ogg · 14 years ago

BP Confirms $5.5B Gulf of Mexico Asset Sale

courtesy of BP plcBP PLC (NYSE: BP) has confirmed some news reported earlier by Reuters on an update of its planned asset sales. BP is selling its interests in a number of oil and…

Jon C. Ogg · 14 years ago

Sears/Kmart Surpassing Wal-Mart on Holiday Layaway Plans

In recent days we could not help but notice how Wal-Mart Stores Inc. (NYSE: WMT) made some significant reductions to its holiday layaway plans to make it more affordable and available.  We also said…

Jon C. Ogg · 14 years ago

Blast Off For Peregrine Pharma on Lung Cancer Update

Peregrine Pharmaceuticals, Inc. (NASDAQ: PPHM) is surging on news updating its non-small cell lung cancer trial. The company said that interim results were presented from its 121 patient randomized, double-blind, placebo-controlled Phase IIb trial in patients…

Jon C. Ogg · 14 years ago

Baker Hughes Rig Count Favors Oil Over Gas

Baker Hughes Inc. (NYSE: BHI) has just released its key weekly rig count data.  The report shows that the United States is -30 from last week down to 1864 rigs, while Canada’s rig count…

Jon C. Ogg · 14 years ago

GE Sticks With $0.17 Dividend, For Now

General Electric Company (NYSE: GE) has announced that the company’s board of directors has declared a $0.17 per share quarterly dividend on its outstanding common stock. Our take is that this will likely be…

Jon C. Ogg · 14 years ago

MIPS Takes Out New High on Continued Buyout Hope

MIPS Technologies Inc. (NASDAQ: MIPS) has been on a major run of late, and shares hit a new 52-week high this morning. We have seen four consecutive days of gains, as this closed at…

Jon C. Ogg · 14 years ago

S&P Chart Fights Employment Report (SPY)

The markets are looking for direction after the dismal jobs report this morning. Now the question is whether or not the report was bad enough that it will force Ben Bernanke into another round of…

Jon C. Ogg · 14 years ago