All Work

Jon C. Ogg

Why Facebook Share Trading Is Being Halted

Facebook shares are about to be halted by the sound of it.  A report from Bloomberg noted that Facebook has asked companies which participate in trading of Facebook shares to stop trading shares at…

Jon C. Ogg · 15 years ago

Freddie Mac Sees Mortgage Rates Rising to 4.5% in 2012

Freddie Mac is out with its U.S. Economic and Housing Market Outlook for March.  The GSE’s report shows signs that the housing market is “awakening from its depression-like condition of the past few years…

Jon C. Ogg · 15 years ago

Customers Bancorp of Pennsylvania Files For IPO

Customers Bancorp, Inc. is the latest IPO filing with the Securities and Exchange Commission.  The terms are not set other than that the offering will be for up to $115 million in common stock. …

Jon C. Ogg · 15 years ago

When Closed-End Funds Buy Back Shares (CHN, FXI)

The China Fund, Inc. (NYSE: CHN) is a closed-end mutual fund rather than an exchange-traded fund.  It also has traded in a sloppy manner where the fund often tracks its net asset value considerably. …

Jon C. Ogg · 15 years ago

The Crazy $1,650 Apple Stock Call (AAPL)

The race for the $1,000 share price is still underway, but one call on Apple Inc. (NASDAQ: AAPL) almost sounds as though Apple-mania is in full swing.  Shares hit a new all-time high today…

Jon C. Ogg · 15 years ago

Analyst Downgrading Dollar Store Theme (FDO, WMT)

Family Dollar Stores, Inc. (NYSE: FDO) may be trading up after its earnings, but there is a call of caution that needs to be highlighted.  Bank of America Merrill Lynch has downgraded the dollar…

Jon C. Ogg · 15 years ago

Vocera Scores Hot IPO Debut From Hospital Communications (VCRA)

Vocera Communications, Inc. (NYSE: VCRA) is yet one more hot IPO that retail investors probably wish they had access to.  The company is a provider of mobile communication solutions focused on addressing critical communication…

Jon C. Ogg · 15 years ago

Annie’s… Anatomy of a Hot IPO (BNNY)

Annie’s Inc (NYSE: BNNY) was already going to be a hot IPO, but somehow this one went up, up, and away in the category of “hot IPOs” in its debut.  After two price hikes…

Jon C. Ogg · 15 years ago

The Inevitable Amylin Buyout (AMLN, BMY, LLY, ALKS)

If there was a merger candidate which ever made sense in biotech and pharma it is Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN).  News from Bloomberg is out that the company has rejected an offer to be acquired…

Jon C. Ogg · 15 years ago

BATS Supports But Demotes CEO After IPO SNAFU

BATS Global Markets, Inc. sent out a press release last night to the media that sounds as though it is a passing of a vote of confidence.  It is actually something else.  BATS probably…

Jon C. Ogg · 15 years ago

Durable Goods Gain, But Lag Estimates

The report on February’s durable goods rose again, albeit at a slower pace than expected.  Orders rose by 2.2% to a seasonally adjusted $211.77 billion in a report from the Commerce Department.  Dow Jones…

Jon C. Ogg · 15 years ago

Analysts Preview & Set Tone for RIM Earnings (RIMM)

Research-in-Motion Ltd. (NASDAQ: RIMM) is due to report earnings later on this week.  Estimates have come down and there is a huge short interest that will almost certainly come into play right before and…

Jon C. Ogg · 15 years ago