3:01pm ET
Investing
52-Week Low Club (December 28, 2007)
Some of these stocks hit 52-week lows and recovered off of lows so they won’t have a low close. But these did all touch or breach the 52-week lows. At the end…
WM Coverage Page 15
4:01pm ET
Investing
52-Week Low Club (AAI, ANN, AM, BIG, BJRI, CHS, CC, LIZ, M, OMX, MSO, RL, HOT, WM, WEN, ZLC)
Today’s list of 52-week lows was still dominated by retail and consumer spending stocks, although a surprise surge from several key semiconductor names made today’s list. Some of these did end up…
2:18pm ET
Retail
52-Week Low Club (BIG, BONT, CHS, M, OMX, SSI, HOT, ZLC, RT, F, WM, BSC)
We didn’t include only retail names on the 52-week lows today, but it could have been easy to do. The retail scene just didn’t do too hot over Christmas and these are…
5:23am ET
Investing
NYSE Short Interest For Mid-December, Financial Stocks Up
For the December 14 period, short interest in financial stocks sky-rocketed compared to figures on November 30. Shares sold short in Citigroup (C) grew 20 million to 104.9 million. Shares short in…
8:05am ET
Investing
Top 10 Pre-Market Analyst Calls (BIIB, BMC, COF, CLNE, FSLR, PLT, PMCS, RHT, SLM, WM)
There are many other analyst calls today, but these are the main calls we are looking at this morning: Biogen Idec (BIIB) raised from Underperform to Neutral at Credit Suisse. BMC Software…
4:13pm ET
Investing
The 52-Week Low Club (SLM)(WM)
SLM (SLM) Buy-out is dead and company revises numbers down for 2008. Down to $27.63 from 52-week high of $58. Office Depot (ODP) Soft guidance. Falls to $14.68 from 52-week high of…
12:33pm ET
Banking, finance, and taxes
Which Financials May Slash Dividends Next? (WM, FMD, RWT, BAC, C, KEY, WB, SFI, CSE)
Yesterday’s announcement that Washington Mutual (NYSE: WM) about a dividend slash, layoffs, exit of sub-prime, and a capital raise was greeted with far less than joy. 24/7 Wall St. has already warned…
8:17am ET
Investing
Pre-Market Stock News (December 11, 2007)
Below is a snapshot of the individual company news affecting share prices being watched by 247WallSt.com: Amtech Systems (NASDAQ: ASYS) shares up 3% after it announced receipt of a $3.9 million solar…
6:47am ET
Economy
The Fed Gets Ready To Push The Dow To 15,000
Over that last six months, the Dow is up 3%. But, it has been a "no stock market growth" kind of period. GDP was fairly strong, but any strength in tech shares…
4:48am ET
Investing
Media Digest 12/11/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, the Fed is set to cut rates today. Reuters writes that inflation in China hit an 11 year high at almost 7% in November. Reuters reports that global deals…
4:45pm ET
Banking, finance, and taxes
Slash And Burn At Washington Mutual (WM)
Washington Mutual (WM) has announced that it will cut its dividend, stop lending to the subprime market, and raise $2.5 billion through a preferred stock offering. The market took that news badly…
Douglas A. McIntyre 4:31am ET
Investing
Short Interest For NYSE, November 30: Big Bets Against Financials, Tech
The November 30 short interest of NYSE traded stocks shows that the market is predicting a further drop in financial and tech stocks. The numbers compare to November 15, 2007. The short…
5:59am ET
Housing
Freeze Mortgage Rates For Millionaires
The federal government and several large mortgage lenders have a plan to freeze loan rates for certain subprime borrowers. The Wall Street Journal writes that ‘The Bush administration and major financial institutions…
4:02pm ET
Investing
The 52-Week Low Club (C)(CFC)(ETFC)(WM)
Citigroup (C) Report of huge lay-offs. Shares trade below $30 for first time in five years. Drops to $29.75 from 52-week high of $57. Countrywide Financial (CFC) Senator asks for probe of…
8:02am ET
Investing
November NYSE Short Interest: Not Pretty For Financials
Short interest for stocks traded on the NYSE was up about 3% for the period ending November 15 compared to the October 31 numbers. Bets against big financials sky-rocketed, and positions in…