ADTRAN: When Bad Earnings Warnings Are Good (ADTN)
How many times do you see a technology stock rally after an earnings warning? An earnings warning from ADTRAN, Inc. (NASDAQ: ADTN) was met with a rally in the stock today. The networking and…
All Work
Jon C. Ogg
Deutsche Bank’s SOLAR Call Hurts Apple (AAPL)
Apple Inc. (NASDAQ: AAPL) briefly hit $600 per share this morning, and then as if a firing shot went off the investors and traders started taking profits. While some of the selling seems obvious,…
Guidewire Now Takes Top IPO Of 2012 (GWRE)
Guidewire Software, Inc. (NASDAQ: GWRE) is currently the best of the best of the IPO class of 2012. After pricing more than 8.8 million shares at $13.00 in late January, the lowest price seen has…
Are Gold Stocks a Bargain at 52-Week Lows? (GLD, ABX, NEM, GG, GDX)
Gold is trying to recover on Thursday as it moves back and forth between being a risk-trade asset and an end of the world trade. While gold may be on the mend or at least trying to…
CEO & Insiders Unloading Google Shares (GOOG)
While this is part of a pre-set trading plan, Larry Page, chief executive officer of Google Inc. (NASDAQ: GOOG) has raised another $17.1 million in a share sale. An SEC filing indicated that on…
Akamai Options Volume Stands Out (AKAM)
Akamai Technologies, Inc. (NASDAQ: AKAM) looks harmless enough today in its trading as the stock is up about 1.5% at $37.20. That is on only 1.3 million shares against a normal day’s volume of…
Caesars Files To Unload $500 Million More in Stock (CZR)
Caesars Entertainment Corporation (NASDAQ: CZR) has just filed to sell up to $500 million shares of common stock. If you will recall, this was a tiny initial public offering and this will exponentially increase…
Is Gamestop Short Interest Just Too High? (GME)
Gamestop Corporation (NYSE: GME) is still sitting in the same sort of No-Man’s Land position its chart has been in for some time. With a $3.2 billion market cap, its $23.50 share price is…
Philly Fed Data Heats Up
The data from the Philadelphia Federal Reserve, or the Philly Fed, has been released. The business index reached a level of 12.5, up from 10.2 in February and against a Dow Jones target of…
Demandware: The eCommerce Cloud IPO… Live Coverage (DWRE, SKYY)
Demandware Inc. (NYSE: DWRE) has priced its initial public offering and the deal is a small one with only 5.5 million shares of common stock. This is a premium IPO that priced at $16.00…
A123 Snags Geely/Volvo Deal In China (AONE)
A123 Systems, Inc. (NASDAQ: AONE) has announced that Advanced Traction Battery Systems, its co-owned Shanghai-based joint venture company, has been selected to develop battery packs for a new plug-in hybrid electric sedan from Geely…
Guess?… Jonesing on Weak Earnings (GES)
If you have never heard that investing into apparel companies is effectively a bit like investing in a new company three times a year, look no further than the reminder in shares of Guess?,…
Jobless Claims & Producer Prices Meet The Mark
The Labor Department’s reports on weekly jobless claims and producer prices are out and mostly in-line with expectations. Claims came in with a drop of 14,000 to 351,000 and the prior week was revised to…
Top Analyst Upgrades & Downgrades (AMD, AIXG, CELG, DNDN, DLR, EBAY, ICE, JOY, LVLT, NSC, RSH, BOX, VECO)
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Advanced Micro Devices, Inc. (NYSE: AMD) Raised to Buy at Jefferies. Aixtron SE (NASDAQ: AIXG) Raised…
Knicks Coach Resignation Hurts Madison Square Garden (MSG)
The Madison Square Garden Company (NYSE: MSG) is getting hit today on reports that Mike D’Antoni is resigning. He is in his final year of his contract and he has been in a feud…
30-Year Bond Auction A Mild Success (TBT)
The latest results from a 30-Year Treasury Bond auction did not manage to turn the bond momentum back in favor of lower yields and higher prices. The bid went out at 3.38% and the…
Cliffs Become Dividend Lesson of Coal & Mining (CLF)
Cliffs Natural Resources Inc. (NYSE: CLF) has remembered a trick that other companies often use to try to bolster confidence amidst a share price confusion…. It is increasing the shareholder dividend. Cliffs decided that…
Pacific Sunwear: Long-Term Viability Issues To Consider (PSUN)
Pacific Sunwear Of California, Inc. (NASDAQ: PSUN) is caught between a rock and a hard place. The retailer keeps managing to lose money and that is what is bringing out the wrecking ball today. Longer-term, Pacific…
Bernanke Speech To Community Banks, From Afar
A speech is being delivered by Fed Chairman Ben Bernanke to community banks at the Independent Community Bankers of America National Convention and Techworld in Nashville, Tennessee. This was a pre-recorded speech and Bernanke…
Was MetLife Improperly Hosed? (MET)
If you were preparing for the bank stress tests all week (and last week), chances are high that MetLife, Inc. (NYSE: MET) was not on your list of companies which would pass or fail…