Today’s Best Market Rumors (7/13/2010)
Updated throughout the day. American International Group (NYSE: AIG) may begin the process for an AIA IPO. (Reuters) Avis (NYSE: CAR) will top the Hertz (NYSE: HTZ) bid for Dollar-Thrifty. (NYSE: DTG)…
Updated throughout the day. American International Group (NYSE: AIG) may begin the process for an AIA IPO. (Reuters) Avis (NYSE: CAR) will top the Hertz (NYSE: HTZ) bid for Dollar-Thrifty. (NYSE: DTG)…
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…
24/7 Wall St. has created a new list of brands that will disappear, which includes Readers Digest, Kia Motors, Dollar Thrifty (NYSE: DTG), Zale (NYSE: ZLC), Blockbuster (NYSE: BBI), T-Mobile, BP plc…
Reuters: The US will suspend Arctic drilling. Reuters: Lehman sued JPMorgan Chase (NYSE: JPM) for billions of dollars. Reuters: The Fed’s Bullard said that promises of low rates for long periods have…
There were strong gains in three Tickerspy indexes over the most recent 30-day period. This month’s biggest gainers are in recreational vehicles, homebuilders, and vehicle rental stocks. Homebuilder stocks are up 19.3% in the past month. The best…
Reuters: The Senate will begin to vote on the financial reform bill. Reuters: Regulators are considering an antitrust case against Apple (NASDAQ: AAPL) Reuters: Tensions between Germany and France over the Greek…
There were strong gains in three Tickerspy indexes over the most recent 30-day period. This month’s biggest gainers are in broadcast TV, vehicle rental, and radio stocks. Broadcast TV stocks are up 30.8% in the past month.…
Reuters: Germany’s ruling party is keeping pressure on Greece to restructure debt. Reuters: The growth forecasts of the G20 do not make economic sense. Reuters: Oil moved higher on strong economic numbers.…
“Never look over your shoulder. Something might be gaining on you.”–Satchel Page Jack Welsh once said that GE would sell any division of the conglomerate that was not No.1 or No.2 in…
Customers, employees, shareholders, and taxpayers hate large corporations for many reasons. 24/7 Wall St. has looked at many of these issues to choose the 15 most hated companies in America. We evaluated…
There is an interesting note in the Hertz (NYSE:HTZ) lawsuit against research firm Audit Intergrity. Hertz claim that AI distributed false and defamatory statements about the rental car company when it put…
“If our cash flows and capital resources are insufficient to fund our debt service obligations, we may be forced to reduce or delay capital expenditures, sell assets, seek to obtain additional equity…
Audit Integrity, a research firm, has come out with a list of the large American companies which are most likely to go bankrupt in the next year. The data behind the figures seem valid,…
These are the top analyst upgrades and positive research calls we have seen from Wall Street this Thursday morning with about two hours until the market opens: Abercombie & Fitch (ANF) Raised…
Based on the TickerSpy index of major industry sectors, hotel REITs had the best performance of any group measured, up almost 60%. At the head of the industry were Diamondrock (DRH) and…