Short Sellers Exit Telecom Shares
Short sellers pulled out of telecom stocks for the period ending on July 30, after many of them reported weak earnings. Investors are gambling that most of these shares are not likely…
Short sellers pulled out of telecom stocks for the period ending on July 30, after many of them reported weak earnings. Investors are gambling that most of these shares are not likely…
Reuters: Research In Motion will share some BlackBerry code with the Saudis. Reuters: The dollar hit a 15-month low compared to the yen Reuters: India will decide whether to restrict the BlackBerry.…
Members of Dell Inc.’s (NYSE: DELL)Board of Directors have many distractions preventing them from reviving the struggling computer maker which help their back accounts and hurt the computer’s long-suffering shareholders. Many have…
It has to be frustrating to Verizon Communications Inc. (NYSE: VZ) to stand by and watch the success of the Apple Inc (NASDAQ: AAPL) iPhone and iPad which helps its major rival…
Jen-Hsun Huang, the co-founder, president and chief operating officer of Nvidia Corp. (NASDAQ: NVDA), is reportedly a perfectionist who has little patience for screw-ups by employees. Too bad he isn’t held to…
Short sellers pushed back into banks and other financial firms during the period that ended on July 15. It may be that they sensed earnings would be weak. Or, that the recent…
Today, Dell Inc. (NASDAQ: DELL) announced that it has agreed to a $100 million settlement with the Securities and Exchange Commission regarding the agency’s investigation into the company’s business practices with the…
Public companies dismiss CEOs all the time. The firings can be due to incompetence, malfeasance, or tensions with boards of directors or founders. 24/7 Wall St. has chosen nine sitting CEOs who should…
Research firm IDC reported that global PC sales rose 22.4% in the second quarter as many companies and individuals replaced older computers. Europe’s demand rose, which will not continue into the second…
Reuters: BP plc (NYSE: BP) has begun to run an important test on its well cap. Reuters: China’s economy expanded at 11.1% in 1H but closed in Q2. Reuters: GlaxoSmithKline (NYSE: GSK)…
The latest and M&A deal in the world of technology and communications came to ADC Telecommunications Inc. (NASDAQ: ADCT) this week, where Tyco Electronics, Ltd. (NYSE: TEL) is paying $12.75 per share…
Stocks with strong balance sheets that are likely to post good earnings have lost their interest for short sellers. Base on data as of June 30, short sellers abandoned the shares of…
MarketWatch: Moody’s downgraded Portugal two notches to A1 Reuters: BP plc (NYSE: BP) will test a new oil cap in place. Reuters: The Wall St. reform bill is nearing a final vote…
MarketWatch: Goldman Sachs Group (NYSE: GS) was upped to overweight at JPM. Reuters: Large shareholders of BP plc (NYSE: BP) were against the oil company raising a large sum of capital by…
Reuters: Maria Cantwell (D-WA) will support the Senate financial reform bill, giving Democrats a boost. Reuters: Automakers had a setback in June, an indication that the industry is facing slow growth. Reuters: …