Short Sellers Up Bets Against BP By 290%, Flee Other Weak Shares
The short interest in BP plc (NYSE: BP) rose 290% to 25.7 million shares in the period ending June 15 as traders increased their bets that the UK-based oil company will face…
The short interest in BP plc (NYSE: BP) rose 290% to 25.7 million shares in the period ending June 15 as traders increased their bets that the UK-based oil company will face…
Reuters: A plan to isolate swaps from bank deposit assets will be in the financial reform bill. Reuters: The Volcker rule would prevent mergers among large banks. Reuters: Facebook’s 2009 revenue was…
Qualcomm Inc. (QCOM) is back in the soup after disclosing a new antitrust investigation by the European Commission. The company noted that this is at a very preliminary stage and that it…
Average: (Noun) 2 a : an estimation of or approximation to an arithmetic mean b : a level (as of intelligence) typical of a group, class, or series – Webster Qualcomm, Inc.…
Reuters: G20 nations have no agreement on a bank levy. Reuters: Buffett’s testimony before the Financial Crisis Inquiry Commission did little to change members’ views of the ratings agencies. Reuter: Facebook’s CEO…
Dell Computer (NASDAQ: DELL), usually late to market with new products such as handsets and netbooks, will challenge Apple Inc. (NASDAQ: AAPL) with a new tablet PC. It is called the Streak.…
There are almost too many key stocks to note as pre-market movers this morning because of the floodgates of earnings news. We have covered some of the larger volume and price movers…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
QUALCOMM Inc. (NASDAQ: QCOM) is back to getting a cold shower after earnings. If this feels familiar, it is because the same happened last quarter. The CDMA chipset maker posted earnings of…
Earnings season is off to the races, even if Friday was a curve-ball for the markets and for reactions to earnings. Most of the big stocks are off on Wall Street scandal…
Apple Inc’s (NASDAQ: AAPL) new Macbook Pro can cost as much as $2,299 with a 17 inch monitor. That is not with additions that can push the price to more than $3,000. The…
Many tech stocks have doubled or tripled from the March market lows. Short sellers are in many cases willing to bet that ride is not over. The short interest in Micron (MU)…
We often cover companies raising dividends and announcing new stock buyback plans. We did see some dividend hikes this week, but there are also many unique dividend stories from this week which…
These are this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Canadian National Railway Company (NYSE: CNI) Cut to Sector Peform at CIBC. Celgene Corporation (NASDAQ: CELG)…
The recent strength of the market has invigorated the waves of offerings. Just last week we had seen some 16 secondary offerings just by mid-week, but now we are seeing many initial…