All Work

Jon C. Ogg

Leading Economic Indicators Higher

The Conference Board’s report on October’s Leading Economic Indicators showed a better than expect gain of 0.9%.  September’s indicator was revised to +0.1% from +0.2%. Dow Jones was only looking for a gain of…

Jon C. Ogg · 15 years ago

Pressuring Jefferies (JEF)

Jefferies Group, Inc. (NYSE: JEF) has witnessed a slide that has been almost impossible to combat.  The company has denied that it has excessive exposure to Europe and it even went as far as…

Jon C. Ogg · 15 years ago

Salesforce.com… When Beta Catches Up To Earnings (CRM)

Salesforce.com (NYSE: CRM) has been a high-beta stock with a 100+ P/E ratio and it can be very volatile around earnings.  The customer relationship software outfit reported that its third quarter earnings and guidance…

Jon C. Ogg · 15 years ago

After 2 Analyst Upgrades, Back to Caution in RIM (RIMM)

After 2 upgrades this week, Research In Motion Ltd. (RIMM : NASDAQ) is getting a cautious call to bring things back to reality.  Canaccord Genuity lowered estimates and its lowered its price target to…

Jon C. Ogg · 15 years ago

The 13 Countries That Own the World’s Gold

Central banks are contributing to world gold demand. The latest data from the World Gold Council indicate even more changes among the nations holding the most in gold reserves. Those are also some of nations…

Jon C. Ogg · 15 years ago

Activist Takes Stake and Board Seat at H-P (HPQ)

CNBC has broken news that Ralph Wentworth of Relational Investors has taken a 1% stake in Hewlett-Packard Co. (NYSE: HPQ) and more importantly that he has been given a seat on the board of…

Jon C. Ogg · 15 years ago

First Solar Finds Some Love (FSLR)

First Solar, Inc. (NASDAQ: FSLR) saw some unusual support today, while the broad market was weak, based upon comments from Solarhybrid in Germany.  The developer has said that it wants First Solar to be…

Jon C. Ogg · 15 years ago

S&P Downgrades AMR Deeper Into Junk (AMR)

AMR Corporation (NYSE: AMR), the parent of American Airlines, is already in trouble and many worry that the air carrier is a potential bankruptcy candidate.  Right before the closing bell came news that S&P…

Jon C. Ogg · 15 years ago

SEC Crushes Pre-IPO Share Scam… Facebook, Groupon, Zynga…

The SEC has cracked down on a pre-IPO scam that targeted investors looking to buy into pre-IPO shares of companies like Facebook, Twitter, Zynga, Bloom Energy, Fisker, and Groupon.  The emergency enforcement action alleges…

Jon C. Ogg · 15 years ago

Yelp! Files for IPO (YELP)

Yelp! Inc. has just filed for its initial public offering.  The initial paperwork lists no terms but the preliminary amount is for up to $100 million.  While the YELP ticker has been taken, it did…

Jon C. Ogg · 15 years ago

My Problem With The Angie’s List IPO (ANGI)

Angie’s List Inc. (NASDAQ: ANGI) is entering the world of public companies and the initial public offering raised $114 million.  This is a consumer review website and it claims to have over 1 million paid subscribers…

Jon C. Ogg · 15 years ago

Mosaic Manages Positive Cargill Share Buyback (MOS)

The Mosaic Company (NYSE: MOS) is joining in on the stock buyback bandwagon.  This is not a traditional share repurchase in the open market because the 21.3 million shares being repurchased are actually from…

Jon C. Ogg · 15 years ago

Jobless Claims Actually At 7-Month Low

The Labor Department is showing that weekly jobless claims fell by 5,000 to 388,000 versus a Dow Jones forecast of about 397,000.  This may still be too close to the 400,000 mark to make…

Jon C. Ogg · 15 years ago