Chesapeake Files to Spin Out Royalty Trust (CHK)
Chesapeake Energy Corp. (NYSE: CHK) has filed a preliminary S-3 with the US SEC for the IPO of a company to be called Chesapeake Granite Wash Trust. According to the filing, the trust will…
All Work
Jon C. Ogg
Top Analyst Upgrades & Downgrades (AAPL, ACP, STD, EL, GERN, GOOG, HCBK, IART, RIMM, SMP, TJX, TSCO, V, WNR)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Apple Inc. (NASDAQ: AAPL) Reiterated Buy and raised target to $500 at Canaccord…
Finding Value in the Economically Sensitive Metals Sector (AA, ACI, CENX, NUE, STLD, WOR)
24/7 Wall St. has been conducting a search for value stocks for investors. Our review today is around the base metals and industrial metals segment, a very cyclical segment compared to other segments we…
ReachLocal Raising Capital For Company & Holders (RLOC)
ReachLocal, Inc. (NASDAQ: RLOC) is raising a small amount of capital in a possible secondary offering, but the bulk of the shares registered are from selling shareholders. The filing is for 6 million shares,…
Silver IPO Filing: Sunshine Silver Mines (AGS)
It was surprising not see many silver and gold companies try to come public in initial public offerings during the great moves seen in the shiny metals. We now have a silver company filing…
S&P Removes Negative Outlook From California Muni Rating (BFZ, MUC, EVM, IIC, IQC, NUC, NAC, NXC, PZC, PCK, PCQ)
Is California’s debt rating safe? Or is in the same boat as Greece? That depends upon whom you ask. Meredith Whitney would probably say it is not safe. Standard & Poor’s, however, is now…
When New Street-High Targets Are Offered on Netflix (NFLX)
When can one adequately call a top in a company like Netflix, Inc. (NASDAQ: NFLX)? The answer is simultaneously “never” and “any time.” When momentum investing (and day trading) works, it works very well.…
Privatizations to Share Sales, Russia Wants to be China (XOM, BP, RDS-A, BIDU, LDK, TSL, YNDX)
Russia’s President Dmitry Medvedev told an economic conference last month that he had ordered the government to reduce its controlling interests in some of the country’s biggest companies. He wants Russia’s largest state-controlled enterprises…
More Waves of Stock Splits Heading This Way (LULU, OKS, TGI, SNHY, CLH, OKE)
The mania of stock splits is not quite as fast and furious as it was earlier in June on the split calendar, but we are still seeing some key splits on the docket which…
Your Mortgage Refinance Opportunities May Be Quickly Going Away
It was back in mid-May that we issued a call to arms for Americans to look into refinancing their mortgages if they missed the boat in 2010. At the time, mortgage rates were under…
Alt Energy Watch: US Lends Funds for Cellulosic Ethanol Plant (FSLR, SPWRA, USU, ADM, VLO)
The US Department of Energy has announced that it will offer a loan guarantee for $105 million to expand an Iowa plant that makes ethanol from the cellulosic waste matter, called stover, of corn…
Party City Re-IPO Closer to Market (PRTY, PCTY)
Party City Holdings is a company you have probably run by if you have ever had to buy party favors. This was taken private back in 2005 and it is now coming public again. …
June’s Unexpected Sales Jump for Retailers (COST, M, LTD, TGT, SSI)
The month of June looks to have been pretty good for some U.S. retailers. Costco Wholesale Corp. (NASDAQ: COST), Macy’s Inc. (NYSE: M), Limited Brands Inc. (NYSE: LTD), Target Corp. (NYSE: TGT) and Stage…
Top Analyst Upgrades & Downgrades (AET, AIG, AXAS, AMAT, FST, FOSL, IBM, KAI, KLAC, NFLX, NE, NOR, OPEN, RAVN, STX, SBUX, TLAB, WDC, YUM)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Aetna Inc. (NYSE: AET) Reiterated Buy and raised target to $51 at Argus.…
Value Fund Manager Interview: Picks & Outlook Ahead (NEIMX, CVX, PEG, RTN)
Last April, Harvey Neiman of Neiman Funds Management, said in an interview that market volatility was going to be the theme for 2011. Rather than trying to predict what would drive the market in…
Skullcandy IPO Closer to Fruition (SKUL)
Skullcandy is a company many investors and many adults may have never heard of. That may change as the company has now updated the SEC paperwork for an IPO. The company first filed an…
Hardest Hit Gold Stocks, Searching For Value (GLD, GDX, GDXJ, BVN, GSS, NAK, NG, RBY, UXG)
Gold has held up rather well compared to many metals, yet the mining stocks and the underlying gold stocks are in many cases performing as though they will not benefit from high gold prices.…
Beyond Greece & ECB, Debt Woes Only Growing Elsewhere in Europe (TI, PT, EWI, AIB, IRE, NBG, EWP, SNF)
Greece saved itself with its latest austerity measures. For a few months, maybe. If you have read about Greece’s woes and read about the bailout and rescue process, the real implication is that Greece…
The 15 Corporate Earnings That Will Rule The Markets This Summer (AA, YUM, JPM, GOOG, C, AMZN, AMR, AN, MSFT, AAPL, KO, JNJ, UNH, INTC, EMC)
24/7 Wall St. is probably not alone in noticing that there were very few earnings warnings issued by the major companies that dictate market trends going into the end of June. That and some…
Zillow Sets IPO Terms, Online Real Estate Bonanza (Z)
Zillow Inc. has now set preliminary terms for its initial public offering. The initial filing came in mid-April and that filing was for up to $51.75 million in proceeds and at that point we…