Cargill Trusts Uses Mosaic S&P 500 News To Sell More Shares (MOS)
The Mosaic Company (NYSE: MOS) might have been indicated higher on the news that it was going to be added to the S&P 500 Index, but news of yet another share sale is capping…
All Work
Jon C. Ogg
Gold Miners Outshine Copper Miners (RIO, BHP, VALE, FCX, SCCO, NEM, ABX, AUY, SLW, GLD, GDX, SLV, SIL)
At yesterday’s meeting for investors, Rio Tinto plc (NYSE: RIO) offered a subdued forecast for the iron ore and copper markets going forward. There was some upbeat talk about new projects in Mozambique and…
Top Analyst Upgrades & Downgrades (AMSF, BMY, BRCM, CBST, HOV, INTC, JNJ, KBH, LEN, LULU, MAKO, NFLX, ASGN, OKS, TSLA, TWX, YHOO, YOKU)
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Amerisafe, Inc. (NASDAQ: AMSF) named Bear of the Day at Zacks. Bristol-Myers…
10 European ADRs Leading Sell-Off (MT, BHP, DB, FTE, PHG, ERIC, NOK, NBG, SI, TI, UBS)
Today’s selling is actually based on weak Chinese manufacturing data rather than any direct E.U. woes. We have focused on mostly European ADRs this morning for the big movers and shakers, or movers and…
Top Debt & Credit Rating Agency Actions (BAC, WFC, C, CNH, RAH, SWC, FIATY)
Our daily look at credit and debt ratings actions has to lead off with the news that Moody’s has lowered its ratings on Bank of America Corp. (NYSE: BAC), Wells Fargo Corp. (NYSE: WFC),…
Bernanke Throws $400 Billion at ‘The Twist’
Ben Bernanke and friends at the FOMC gave their decision on interest rates today. As you would expect, there was little that could be formally done with Fed Funds at the near-0%, but the…
Traffic Trends For Top 50 Web Sites (SCOR, GOOG, YHOO, MSFT, AOL, AMZN, EBAY, WMT, TGT, NYT, GCI, WPO, NFLX)
Web site visitors didn’t set any records last month, but they also didn’t lose any ground. Among the leading sites, some had small gains and others had small losses. Overall though, more than two-thirds…
Running Out of Room to Store Gold Supplies (BCS, DB, JPM, BCO, GLD, IAU, HBC)
Demand for gold as a safe haven has driven demand for more places to store that gold. And it’s getting harder more difficult to find that storage, resulting in a boom of sorts in…
Moody’s Downgrades BofA’s “A” Credit Rating… Wells & Citi Follow (BAC, C, WFC)
Bank of America Corporation (NYSE: BAC) has been no stranger to troubles nor any stranger to controversies. It is now looking to be no stranger to credit rating downgrades. Moody’s has downgraded the credit…
Apache Garners a Bargain in the North Sea (APA, XOM, APC, CVX, COP, OXY, DVN, BP)
Independent oil and gas producer Apache Corp. (NYSE: APA) has agreed to purchase the North Sea assets of a subsidiary of Exxon Mobil Corp. (NYSE: XOM) for $1.75 billion. The total number of barrels…
Rumor Driving: Apotheker CEO Change at H-P… You’re Fired? (HPQ, SAP, ORCL, IBM)
Leo Apotheker may have one of the shortest CEO jobs in technology history. There are rumors that the board of Hewlett-Packard Co. (NYSE: HPQ) is already considering replacing Apotheker. The move to break up…
Coal Trends: A Douple-Dip Recession Predicting Tool? (ANR, WLT, PCX, ACI, JRCC, YZC, KOL, FCX, JJC)
Alpha Natural Resources Inc. (NYSE: ANR) and Walter Energy Inc. (NYSE: WLT) are signaling some disturbing trends that only bring on more fears of recession. The companies have both lowered their coal targets ahead. …
Patent Wars Cost Society $500 Billion (AAPL, GOOG, RIMM, SSNLF, SNE, ERIC, NOK, MMI, EK, RMBS, ACTG, IDCC, TSRA, WILN)
When news hits the street of another patent lawsuit, the characteristic reaction of some investors is to dump the defendant’s stock as quickly as possible. Those sales inevitably depress the company’s stock and typically…
SABMiller & Fosters: A Huge Deal in the Beer Business (BUD, SBMRY, MO, TAP, SAM)
Everything about Australia’s Foster’s Lager seems big — starting with the brew’s over-sized can. Today the beer’s maker, Foster’s Group Ltd., agreed to be acquired by the world’s second largest brewer, SABMiller PLC (OTC:…
Has Netflix Stock Bottomed Out Yet? (NFLX, LSTZA, AMZN, CSTR, CMCSA, TWC)
Netflix, Inc. (NASDAQ: NFLX) is suffering from the most obvious management blunders of 2011 for media companies. This stock has been punished after changing its pricing structure. The company apologized, but it is too…
Top Analyst Upgrades & Downgrades (ADSK, DG, GTIV, HUM, JEF, LVS, ORCL, OREX, HOT, TOT, VRSN, WYNN, YNDX)
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Autodesk, Inc. (NASDAQ: ADSK) Raised to Overweight at JPMorgan. Dollar General Corporation…
Chanos Keeps Shorting China… and Winning (FXI, GXC, TAO, CHN, TDF, MPEL)
Fund manager Jim Chanos has been pretty vocal about the risks in China from its economy to its debt levels to its real estate market. He goes on to say that real growth in…
How To… Interpret the FOMC ‘Twist’
The FOMC decision on interest rates on Wednesday is going to be a rather unique one. Ben Bernanke cannot really lower rates but it can use its balance sheet that holds so many Treasury…
Top Debt & Credit Rating Agency Actions (IRM, DFS, EADSY, HLX, RDEN, YUM, MON, BBG, DYN, T)
Debt and credit rating agencies made a number of changes yesterday, led by the downgrade of Italian sovereign debt by Standard & Poor’s. The agencies also issued changes to debt ratings for the following…
360-Degree Preview for Oracle Earnings (ORCL, IBM, CSCO, HPQ, SAP)
Oracle Corporation (NASDAQ: ORCL) is set to report earnings after the close of trading Tuesday and investors are likely to be paying close attention to the body language offered up in the conference call…