Warren Buffett Tries To Save The Newspaper Business
It is no secret that the newspaper business has not been a good sector over the last decade. Subscriptions declined about as fast as the number of smokers did in the 1990s. The business…
All Work
Jon C. Ogg
IPO Filing From KYTHERA: Fighting The Double Chin
KYTHERA Biopharmaceuticals, Inc. has just joined in with the companies which have filed to come public via an initial public offering. The common stock plans to be listed on The NASDAQ Global Market under…
No Unemployment Help From Weekly Jobless Claims
The U.S. Labor Department has reported that weekly jobless claims came in unchanged from the prior week at 370,000. The prior week’s reading was revised from a preliminary report of 367,000 up to a…
Top Analyst Upgrades & Downgrades (ANF, A, BBVA, CME, CROX, DE, DELL, DKS, HLF, HP, HBAN, ICE, LM, SINA, V, WAT)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Abercrombie & Fitch (NYSE: ANF) Cut to Market Perform at Wells Fargo. Agilent Technologies…
Rosetta Genomics Share Offering: No Good Deeds Go Unpunished
Rosetta Genomics, Ltd. (NASDAQ: ROSG) was an exponential winner on Wednesday due to getting a Medicare reimbursement ruling in its favor. The company had announced that the Medicare Administrative Contractor approved its miRview® mets²…
GE Going To $30?
General Electric Co. (NYSE: GE) closed up more than 3% at $19.00 on Wednesday against a 52-week trading range of $14.02 to $21.00. The strong gain was on a sooner than expected approval to…
Hedge Fund Stock Picks: Whale Hunting of the Kingmakers
24/7 Wall St. published the full list of positions already for Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A). While there were some surprises out there and 24/7 Wall St. tracked some of the key…
Wal-Mart Earnings Preview Against Sears, Target, Home Depot
Wal-Mart Stores Inc. (NYSE: WMT) is set to report earnings early on Thursday morning. This earnings report is likely to be very different from any prior earnings report due to all of the bribery…
FOMC Minutes & The Hope For/Against Quantitative Easing
The FOMC Minutes should mostly be known, but investors and speculators look through these in great detail in an effort to garner any hint over whether or not Ben Bernanke and friends are considering…
Blue Nile Loses Head of Merchandising & Diamond Supply
Blue Nile Inc. (NASDAQ: NILE) is losing a key member of its merchandising team. The online jewelry, diamond, and raw stone destination has a filing with the Securities and Exchange Commission showing a “Change…
J.P. Morgan Firing The London Whale
J.P. Morgan Chase & Co. (NYSE: JPM) has already sent its long-time Chief Investment Officer named Ina Drew packing after the $2 billion loss that surfaced last week. The damage to J.P. Morgan’s reputation…
Google Adds Knowledge Graph To Search To Recapture Lost Market Share
Google Inc. (NASDAQ: GOOG) may have had some idea that they were losing market share in the U.S. search market as the rise of Bing from Microsoft Corporation (NASDAQ: MSFT) with Yahoo! Inc. (NASDAQ:…
ECB ‘Actions’ & Threat Of Run On The Banks (NBG, GREK, CCH, IRE, STD, BBVA)
The European Central Bank is said to be freezing assets or considering freezing assets or halting monetary policy operations to some banks in Greece as the Greeks consider an exit of the Euro and…
Oil Inventories & Capacity Act As Booster (OIH, VLO, PSX, USO)
The U.S. Department of Energy has released its weekly oil inventory data showing a build up in crude inventories as expected. The rise came to +2.128 million barrels of crude oil to 381.64 million…
CBOE Heads To China, Sort Of
CBOE Holdings, Inc. (NASDAQ: CBOE) has announced that the Chicago Board Options Exchange has signed a memorandum of understanding with the China Financial Futures Exchange. The MOU is meant to establish “an open channel of…
Rosetta Genomics Joins Exponential Explosion Club on Medicare Coverage
Rosetta Genomics Ltd. (NASDAQ: ROSG) is not often in the news, but it is in the news a big way now. The microRNA-based molecular diagnostic test maker has announced that Novitas, the designated Medicare Administrative…
GE Finally Starts Getting GE Capital Dividends Again, Plus $4.5 Billion Special Dividend
General Electric Company (NYSE: GE) is now going to be much further to being back on track in its GE Capital unit. After having promised a return to dividend after proper approvals had been…
SINA Rides China Social Media & Microblogging Growth Bandwagon
SINA Corp. (NASDAQ: SINA) is surging this morning after the company’s user base reached the 300 million registered user mark last quarter. The company’s Weibo microblogging site (A Chinese look-alike of Twitter) now claims to have…
April Housing Starts Kept Lower By Northeast & West Regions
The Commerce Department has reported that Housing Starts for the month of April are up by 2.6% to 717,000 on an annualized basis. The gains seem high, but the Dow Jones consensus was for…
Top Analyst Upgrades & Downgrades
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Aetna Inc. (NYSE: AET) Cut to Hold at Argus. Akamai Technologies, Inc. (NASDAQ: AKAM) Raised…