Another Chinese wind turbine maker is preparing to hold an Initial Public Offering of shares on the Shanghai Stock Exchange. Sinovel Wind Group Co. has priced shares at 80-90 yuan, or about $12-$13.50/share, and…
Gold was the darling trade for commodity investors and those seeking safe harbors as central banks printed money and promised to dilute their currencies for the future. The first trading day of the year…
The US Bureau of Ocean Energy Management, Regulation and Enforcement, BOEMRE, has notified 13 companies that they will be able to resume drilling in the Gulf of Mexico without needing to submit new environmental…
The old perpetually restructuring Motorola is now gone, reverse splits have taken place, and the new companies are trading on the NYSE. Starting today, we have the official launch of the two companies. Replacing…
Annaly Capital Management, Inc. (NYSE: NLY) is taking a very opportunistic approach to raising more capital to buy mortgages. The mortgage REIT is raising roughly $1.3 billion in gross proceeds. The terms of the…
DryShips Inc. (NASDAQ: DRYS) is seeing a rise this morning on two separate announcements regarding contracts for its offshore drilling contract initiatives. The drybulk and off-shore contract drilling services outfit announced that its Ocean…
Berkshire Hathaway Inc. (NYSE: BRK-A)(NYSE: BRK-B) was the first of the large corporate bond issues for 2011. Yesterday brought the pricing of a 3-traunch bond issue from its Berkshire Hathaway Finance Inc. financial subsidiary…
After about two weeks of being quiet and dark, Wall Street research departments are back after the holidays. These are some of this Tuesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street…
We have already issued many sector calls for 2011 with our outlooks and we have even given a 2011 DJIA target of 13,042 based upon the same methodology that got us within about 1%…
Apple Inc. (NASDAQ: AAPL) is hitting new all-time highs yet again on the first trading day of 2011. What is more interesting is that its $329.76 price currently generates a market cap of right…
The year just passed has been a good one for US air carriers. For the first time in several years, virtually every carrier earned a profit and airline stocks posted gains ranging from a…
It’s already 2011 and we have our outlook pieces for the year for sectors and indexes. While most of our pieces are examining upside going into what is expected to be a solid 2011,…
Momentum is building for oil prices to breach the $100/barrel level again. The black stuff has gained nearly 9% in December, and a total of 15% for 2010. This is good news for the…
Molycorp, Inc. (NYSE: MCP) is surging yet again as the ‘rare earths’ bubble continues to inflate. A research call today is the most optimistic case of cheerleader pom-poms being waved to date. A firm…
Dollar General Corp. (NYSE: DG) is in the right spot at the right time in today’s economic recovery. It is a trade-down economic play, but the dollar store segment has been successful in grabbing…
Bank of America Corporation (NYSE: BAC) was just listed this morning as one of the six DJIA components with the most implied upside in 2011 this morning, and part of that is already being…
These are some of this Monday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Aeropostale, Inc. (NYSE: ARO) Cut to Underperform at Jefferies. Airgas Inc. (NYSE: ARG) Raised to Outperform…
It is 2011 and we have our outlook target pieces for sectors and for indexes for the year ahead. After taking a look at the implied upside to one-year price targets for Dow Jones…
Share repurchase programs, or stock buybacks, have been and may always be a more questionable method of returning capital to shareholders than dividends. Many even disagree with the effect of buybacks. Still, many boards…
The craze surrounding Facebook is getting even more out of hand, this time with Wall Street setting the valuation of the company at some $50 billion. A fresh investment from Goldman Sachs Group Inc.…