CBOE Sets Initial IPO Terms (CBOE)
If you are a fan of initial public offerings for the actual securities exchanges out there, the CBOE IPO terms have been set and the deal is not getting much closer to pricing. An…
All Work
Jon C. Ogg
Oil’s Real Risk Over BP: Very Active Hurricane Season
Tacking hurricanes before hurricane season starts is generally considered guesswork. Some years are predicted to be huge and they year ends up having few or no major hurricanes strike land. Other years are not…
Apple Beats Microsoft in Market Value (MSFT, AAPL)
An analyst upgrade of Microsoft Corporation (NASDAQ: MSFT) has changed up the order again this morning, but as of yesterday’s close it was Apple Inc. (NASDAQ: AAPL) that held the dual position of being…
Top Day Trader Alerts (AIXG, BP, FSII, LEHMQ, NTAP, RMBS, PAY)
Today’s top day trader and active trader alerts are Aixtron Aktiengesellschaft (NASDAQ: AIXG), BP plc (NYSE: BP), FSI International, Inc. (NASDAQ: FSII), Lehman Brothers Holdings Inc. (LEHMQ), NetApp, Inc. (NASDAQ: NTAP), Rambus Inc. (NASDAQ:…
Jobless Claims Still in Purgatory
The weekly jobless claims are out from the Labor Department and the results are not as bad as the week before. They are not exactly solid yet either. The claims figure fell by a…
Top Analyst Upgrades and Downgrades (BP, CKR, CSX, FWLT, FLR, GME, HES, PNRA, MCD, MSFT, UNP)
These are some of this morning’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday: BP plc (NYSE: BP) Raised to Outperform at Oppenheimer. CKE Restaurants Inc. (NYSE: CKR)…
VeriFone Winning Back Confidence (PAY)
Winning back the confidence of investors is no easy task after accounting irregularities or after scandals involving the books. However, winning back investor confidence is what VeriFone Systems Inc. (NYSE: PAY) seems to be…
Goldman’s High Borrowing Costs (GS)
Back in the liquidity bubble, corporate bond spreads were tight. Very tight. Sometimes as little as 50 or 75 basis points for those deemed a solid investment grade, and sometimes even tighter than that. …
Blockbuster Can’t Reduce Debt, Faces Bankruptcy (BBI, NFLX, WMT, NCR)
When Blockbuster Inc. (NYSE:BBI) filed its 2009 annual report in March, it included the dreaded “going concern” sentence, indicating that it needed to boost its operating income and restructure its debt. Its first quarter…
Honda Looks to China for Battery-Powered Autos (HMC, TM, F, BRK-A, BYDDF)
Without specifying a partner, the CEO of Honda Motor Co., Ltd. (NYSE:HMC) said yesterday that he hopes that his company can work with China to develop batteries for an all-electric vehicle . Of all…
Big Unexpected Dividend Hikes (UNH, DE)
The stock market’s recent sell-off and snap-back recovery have not stopped dividend hikes. There were two big ones this morning. The unexpected dividend hike came from UnitedHealth Group (NYSE: UNH). An unexpected, but manageable…
DOE Data Shows Refineries Hanging Tough (OIH, USO, VLO, SUN, HES)
The weekly Department of Energy inventories data came out this morning. There seems to be good news for those looking for price stability as crude oil inventories went up and capacity rates at the…
Top Day Trader Alerts (C, CJBK, GTXI, MGM, NVDA, SOLF, PHYS, VRTX)
Today’s day trader and active trader alerts are not your normal movers. We have shares of Citigroup, Inc. (NYSE: C), Central Jersey Bancorp (NASDAQ: CJBK), GTx Inc. (NASDAQ: GTXI), MGM Mirage (NYSE: MGM), NVIDIA…
A Surprise in Durable Goods
The Commerce Department released the most recent data on the highly volatile Durable Goods Report. The April reading showed a gain of +2.9% versus a Dow Jones estimate of only +2.2% expected. The devil…
Top Analyst Upgrades and Downgrades (CERN, C, DWA, JCG, DWA, LOW, MERU, NVDA, SLRY, RIG, WDR, ZION)
These are some of this morning’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday: Cerner Corp. (NASDAQ: CERN) Raised to Overweight at JPMorgan. Citigroup, Inc. (NYSE: C) Raised…
Buffett’s Biggest Upside Stocks, Summer 2010 (BRK-A, AXP, BAC, CMCSA, XOM, GCI, GE, IRM, MCO, SNY, WFC, WLP)
Warren Buffett does not have the same time frame as most investors. How many of you buy with a “forever” outlook? Buffett says he likes that term, short of whether he sees fundamental changes…
Plunge Protection Team Intervention?
Government intervention in the financial markets without your knowledge, and maybe without your support … that is what many feel that the Plunge Protection Team is. A mechanism designed to keep the markets from…
Select Fund Sell-Offs in Europe (EWP, EWI, EWG, EWU, EWQ, IEV, IRL, SNF, GF, RNE, CEE, EWL)
It is not hard to find ADRs which have sold off by about 50%, and some are worse than that out of Europe. These shares are getting the double-whammy now with a declining market…
New Oil Forecasts Looking Much Lower (OIL, USO, OIH, XOM, CVX)
A new forecast from Bank of America Merrill Lynch is lowering the expected 2010 target oil demand growth from 2 million b/d to 1.5 million b/d. The bank also cut its crude oil price…
Solar M&A Watch: Shopping for Revenues (WFR, FSLR, TSL, SPWRA, TAN)
There may be more M&A headed to the solar sector. Solar wafer maker MEMC Electronic Materials, Inc. (NYSE:WFR) has announced its second deal in as many days as it seeks to bulk up for…