Lessons of the Greatest Bull Markets, 1900 to Today
We are in the midst of one of the greatest bull markets ever seen in modern times. Stocks are rising more often than they fall and we have just seen a rally of eight…
All Work
Jon C. Ogg
Unusual After-Hours Stocks on the Move (NILE, EXPE, PNRA, HOKU, VITA)
We are seeing yet another high number of shares on the move in the after-hours session this Thursday. Five top movers are Blue Nile Inc. (NASDAQ: NILE), Expedia Inc. (NASDAQ: EXPE), Hoku Corporation (NASDAQ:…
Ford’s Preferred Redemption Trims Out Another $3 Billion in Debt (F)
Ford Motor Company (NYSE: F) is continuing to make good on its promise to cut debt and get its finances in better order. Despite having the best balance sheet by far of the Big…
Alcatel-Lucent Suddenly The Sector Leader of 2011 (CSCO, ALU)
Despite being grossly disappointed with John Chambers and the earnings guidance from Cisco Systems, Inc. (NASDAQ: CSCO), it is still hard for us to believe that Alcatel-Lucent (NYSE: ALU) is causing the trouble for…
Bracing for a Higher Kinder Morgan IPO (KMI, KMP, KMR, GS)
Kinder Morgan Inc. (NYSE: KMI) is supposed to price tonight. While many already expected the IPO to be hot, the talk is that hot became hotter. The last formal count was 80 million shares…
Short Sellers Very Mixed in High-Priced Market Leaders (AMZN, AAPL, BIDU, FFIV, GS, GOOG, IBM, MA, NFLX, POT, PCLN, CRM, VMW, WYNN)
The short sellers have reversed their trend of the mass exodus in short selling. What is interesting is that some companies are seeing a record low in the short interest while others are seeing…
Jobless Claims Hit Two-and-a-Half Year Lows
The weekly jobless claims are finally back under the 400,000 mark. Today’s reading showed that the drop was 36,000 down to 383,000. To show just what a relief it is, this was the lowest…
Top Analyst Upgrades & Downgrades (BIDU, CRL, CHK, CSCO, CSC, ENER, HUM, IPI, ITT, JCI, NYX, RL, WMT)
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Baidu.com (NASDAQ: BIDU) Raised to Overweight at HSBC. Charles River Labs (NYSE: CRL) Raised…
News Corp. Raises $2.5 billion in 10 & 30 Year Debt (NWS)
News Corporation (NASDAQ: NWS) managed to do something rather impressive considering the state of the media in the aftermath of the recession. Rupert Murdoch and friends raised close to $2.5 billion today via long-term…
Cisco Tries to Find Earnings Redemption (CSCO)
John Chambers needed some redemption for Cisco Systems, Inc. (NASDAQ: CSCO) today. The company reported quarterly earnings of $0.37 EPS on $10.41 billion in revenues, while Thomson Reuters had estimates of $0.35 EPS and…
Irish Banks: When Financial Delay May Actually Help (AIB, IRE)
Allied Irish Banks plc (NYSE: AIB) and The Bank of Ireland (NYSE: IRE) are both suffering today. News is out that Ireland’s Finance Minister has postponed making more capital injections into several of Ireland’s…
Intel Capital Still Holds Many Public Company Shares (INTC, CLWR, MU, VMW)
Intel Corporation (NASDAQ: INTC) is not really making any strategy changes to its portfolio of public stock holdings under its Intel Capital unit. That does not mean that it is not worth looking under…
Pentagon Wises Up To Risks of Defense Mergers (LMT, BA, NOC, GD, RTN, UTX)
In a major reversal from a policy promoted in the early 1990s, the US Defense Department is now warning defense contractors to beware of mergers and acquisitions in the defense industry. The Pentagon actively…
Oversupply Threatens Solar Revenues and Profits (FSLR, EIX, SRE, SPWRA, STP, YGE, LDK, TSL, TAN)
The story on solar energy in 2011 is manufacturing capacity. Or, more accurately, over-capacity. The termination of incentives in Germany and Italy are expected to slow solar installations in those countries, and higher demand…
More Exchange Mergers; Regulators Should Say No! (NYX, NDAQ, CME, CBOE, ICE)
Exchanges are already too powerful. Now comes word that NYSE Euronext (NYSE: NYX) is in advanced talks with Germany’s Deutsche Boerse. Shares were halted per the NYSE request. The good news for investors is…
An Odd Chart Read on Gold, Silver, and Rare Earths (GLD, SLV, AGQ, MCP, REMX, REE, AVL)
Using charts alone is something that may not make sense to most people. Still, thousands of investors make a living at just that. Fundamentals be damned! We do not subscribe to the notion that…
Can Nokia Still Jump from its “Burning Platform”? (NOK, AAPL, GOOG, IT, RIMM)
NokiaNokia Corp. (NYSE: NOK) CEO Stephen Elop is scheduled this Friday to announce a plan to turn the Finnish phone giant around. An internal memo from Elop has hit the street, and it offers…
Biofuels IPO: Gevo Prices (GEVO)
Gevo, Inc. (NASDAQ: GEVO), a developer and manufacturer of renewable chemicals and biofuels, is coming public today. The initial public offering was for 7.15 million shares at $15.00 per share, making this one price…
Summit Hotel Priced IPO With Mixed Results (INN, IHG)
Summit Hotel Properties, Inc. (NYSE: INN) has priced its IPO and is set to begin trading Wednesday morning. The deal has a bit of a mixed win-loss here in the terms and pricing. This…
Top Analyst Upgrades & Downgrades (AAPL, BBVA, STD, CAP, CNW, DYN, INTU, KEY, LEAP, ODFL, PLXS, SWIR, SBUX, SNPS, TTWO, YUM)
These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Apple Inc. (NASDAQ: AAPL) Raised to Outperform as the Bull of the Day at…