Short interest in companies traded on the NYSE increased for a number of financial firms based on positions as of February 15. The data compares to numbers on January 31 Shares sold…
According to Reuters, Societe Generale filed its financial information and confirmed its huge trading loss. Reuters writes that the sale of 3Com (COMS) has come apart because a piece of the company…
Short interest in financial stocks generally fell in NYSE figures for January 31. Numbers compare to January 15. Shares sold short in Countrywide (NYSE: CFC) fell 52.7 million to 114.2 million. Shares…
Toyota (TM) reported a 7.5% increase in profits for the last quarter of 2007. By itself that is an achievement for any car company. The big Japanese firm did indicate that the…
2008 is turning out to be a wacky year. If you are new to trading and investing this is far from the norm. Statistics vary depending on what day of the week…
Short interest on January 15 showed bets against financial shares listed on the NYSE climbed when compared to December 31 numbers. Shares short in Countrywide Financial (CFC) rose 32.5 million to 166.9…
Below is a list of Dow Jones Industrial Average components that are actually down the least on an ugly day. There has been news on most of these or if not there…
According to Reuters, BHP Billiton (BHP) is lining up more bank financing in its bid to buy Rio Tinto (RTP). Reuters writes that the GE (GE) jet engine backlog in China has…
General Electric (NYSE: GE) has just posted earnings with EPS up 17% to $0.68, in-line with $0.68 First call estimates. Revenues were up 18% with organic revenue growth of 10% to $48.6…
Douglas A. McIntyre GE’s (GE) numbers were OK. There was no real difference between expectations and what really happened. GE hit a 52-week low yesterday, so the company’s world does not look so good to…
With about 20 minutes to go into the close and on one ugly day, we have the DJIA down nearly 300 points, the NASDAQ down almost 40 points, and even the S&P…
Consider the stocks which hit 52-week highs in 2007 and may not be back to those levels of years. JP Morgan (JPM) hit $53.25 and now trades at just above $39. It…
According to Reuters, CNBC is reporting that Citigroup (C) could write-down $24 billion. Reuters writes that automakers face big hurdles in 2008. Reuters reports that the $200 billion Kuwait Investment Authority had…
These aren’t the only analyst calls moving stocks this morning, but these are the ones that 247WallSt.com is focusing on: Allied Waste (AW) downgraded to Neutral at JPMorgan. Camden Property (CPT) downgraded…
Fox Business Network (NWS) posted embarrassing numbers when Nielsen reported the channel had only 6,300 viewers at any given time on weekdays. For a two month period beginning October 15, rival CNBC…