Can Citi Unload Its Egg U.K. Internet Bank? (C, PUK)
Citigroup, Inc. (NYSE: C) is still trying to pare itself down to the core-Citi operations. It is going to take years to carry out. A story from Sky News in the U.K. is signaling…
All Work
Jon C. Ogg
R-I-M New Phone & New O/S Rewarding Investors, So Far (RIMM, T, AAPL)
Research In Motion Ltd. (NASDAQ: RIMM) has delivered on its new phone. The question is whether you will like the name of it… TORCH. R-I-M is selling the BlackBerry 6 smartphone called the BlackBerry…
Solar Merger-Venture Shenanigans (SOLF, SHCAY, STM, AMAT, JKS, CDXS)
The ever-entertaining solar PV sector provides more than its share of fun today. First, Solarfun Power Holdings Co. Ltd. (NASDAQ:SOLF), a Chinese solar PV company making crystalline wafers, cells, and modules, has ‘almost’ merged…
Genzyme: When Buyout Premiums Become Opaque (GENZ, SNY, JNJ, GSK, BIIB)
All of the freshest reports have the Genzyme Corporation (NASDAQ: GENZ) buyout discussions between Sanofi-Aventis (NYSE: SNY) as being a friendly merger. The first discussions noted by the WSJ were a $67 to $70…
Top Day Trader Alerts (ACOR, ARNA, CTSH, DOW, GENZ, PFE, PG, SOLF, SYKE, TSRX)
There are many stocks on the move this Tuesday morning for day traders and active traders to pick from. We are watching the key moves in Acorda Therapeutics, Inc. (NASDAQ: ACOR), Arena Pharmaceuticals, Inc.…
Top Analyst Upgrades & Downgrades (AIB, AMAT, IRE, ENR, FCEL, GEOY, HBC, SNN, TEF, VVUS, WX)
These are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Allied Irish Bank Group (NYSE: AIB) Cut to Hold and Target Cut to 1.02 (Euro) at…
Tuesday Morning Market Snapshots
Stocks were flat this morning and have listed lower as more earnings data has come out. DJIA futures are trading down 0.25% and S&P futures are down 0.3%. In Europe, the FTSE is down…
Pfizer Earnings Meet Dirt Cheap Valuations (PFE)
Pfizer Inc. (NYSE: PFE) is out with earnings of $0.62 EPS on an adjusted basis on 58% growth in revenues (due to Wyeth purchase) of $17.33 billion in revenues. Thomson Reuters had estimates of…
Amazon.com New Kindle Already Selling Out (AMZN)
Amazon.com Inc. (NASDAQ: AMZN) may face many hurdles in the world of eReaders versus iPads and other tablets. You never know how many it was braced to sell and they won’t tell you how…
Solar Trends: Great for Utilities, Bad for PV-Makers (FSLR, WFR, SOLF, SPWRA, AMAT, TAN, PBW)
Solar power is great, unless you make the equipment behind all the solar power. The insatiable and endless growth in demand for solar panels and materials used to make them has posed an investor…
Will Ethanol Continue to Get Taxpayer’s Support? (ADM, ANDE, VLO, PEIX)
The corn ethanol industry in the US has received some $41 billion in federal subsidies since 1980. This year alone, federal subsidies are expected to total about $7.6 billion. As the federal budget goes,…
Molycorp Second Look: Great Promise, No Hurry (MCP)
Molycorp, Inc. (NYSE: MCP) has only been public three days. The company’s stock debut was met with much of the same “sell the IPO” reaction by investors who secured shares. This is of course…
ISM: Slow Growth, No Double-Dip Recession
Manufacturing is not dead and growth is still alive. The equity markets were already higher ahead of the Institute for Supply Management this morning, but the ISM data is one more report showing evidence…
Management Reshuffle Drives National Bank of Greece (NBG)
National Bank of Greece SA (NYSE: NBG) is following the charge of Greek banks by recovering today on top of major gains seen from their recent lows. National Bank of Greece had a press…
Top Day Trader Alerts (ASF, ARNA, ABK, BAC, CRL, DISH, DRYS, GENZ, GERN, HUM, OSK)
There are many stocks on the move for day traders and active traders to pick from this Monday morning. We are watching the key moves in Administaff Inc. (NYSE: ASF), Arena Pharmaceuticals, Inc. (NASDAQ:…
Top Analyst Upgrades & Downgrades (ALU, AEP, ARNA, BYD, CHL, CHU, KO, CVH, SJM, FCS, GENZ, ITRI, MU, STM, TXN)
There are many big analyst calls this Monday. These are some of this morning’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Alcatel-Lucent (NYSE: ALU) Maintained Neutral but target lowered…
Top Dividends From Food and Your Belly (ARKR, EAT, WMK, SVU, SYY, CAG, KO, HNZ, KFT)
Dividends and income from your belly… We have decided to start taking some high-yield reviews of key sectors this week now that earnings season is past the half-way mark. Dividends in food via restaurants,…
Monday Morning Market Snapshots
Stocks are firm in all major markets so far this Monday. DJIA futures are trading higher by 0.7% and S&P futures are up 0.8%. In Europe, the FTSE is up 1.1%, the DAX is…
The Unusual Suspects For This Week (AKAM, ALU, APP, BAC, CROX, F, GE, GENZ, RIMM, SYMC, WCRX, EZA, FFD, AFK)
There are many major stocks to watch this coming week as The Unusual Suspects… We tried to refrain from many earnings previews as earnings season still has too many players to single out just…
PIMCO’s Bill Gross Confirms Slower Growth Ahead, For Years
It is month-end, and bond magnate Bill Gross of PIMCO is out with a new round of predictions. The bond guru’s August Investment Outlook often has quirky ways of explaining things, and he’s using…