Search Results for: CCJ
Following the disaster in Japan, and particularly the explosions in one one of the country’s 53 nuclear power generating reactors, the reactions of other nations with nuclear power plants either...
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Markets opened up a bit this morning, but by 10:00 a.m. equities had turned back down, with the DJIA sliding down nearly -200 points before rallying back to its opening mark in the early afternoon....
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Vale SA (NYSE: VALE), one of the world’s leading producers of iron ore posted record profit in the first quarter of $6.8 billion. Even discounting a one-time gain on the sale of $1.5 billion in...
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U.S. equity markets opened higher this morning boosted by higher-than-expected trade balances in China (more coverage here) and in the U.S. (more coverage here). In Europe the big news came later in...
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U.S. equity markets opened lower this morning on a day that may be the least active of the year so far. The major Asian exchanges are closed today, with Shanghai and Hong Kong beginning the lunar new...
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Soft drink and snack food giant Pepsico Inc. (NYSE: PEP) reported first quarter earnings this morning that topped expectations. Adjusted EPS came in at $0.69 versus a consensus estimate of $0.67 and...
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This morning we caught the news on a volume alert, but there was no confirmation of the news. Now, we have the formal release from PepsiCo (NYSE: PEP). Pepsi has capitulated and decided to offer...
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This morning’s news of Pepsico Inc. (NYSE: PEP) offering to acquire bottling affiliates PepsiAmericas Inc. (NYSE: PAS) and Pepsi Bottling Group Inc. (NYSE: PBG) may be a surprise to some, but...
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Following Google’s announcement that it would make a misguided move into newspaper ad space buying, late news comes that the search giant may buy $1 billion in radio inventory.The clear winner...
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A company called CCS Medical Holdings, Inc. has filed with the SEC to withdraw its planned initial public offering today. The Company has determined, due to current public market...
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Clear Channel (CCU) Company is supposed to go private. Wall St. is worried deal may not fly. Falls to $27.77 from 52-week high of $38.58. Municipal Mortgage & Equity (MMA) Restatements,...
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Unlike theology and philosophy, there are no great truths in business, only petit verities. One of these is that breaking contracts to keep from losing money is OK. The banks which were to fund the...
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Carnival Corporation (NYSE: CCL) is getting hammered this morning after one of its Costa cruise lines grounded and partially capsized, resulting in the loss of life and resulting in million and...
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RBC Capital Markets has issued a downgrade of the cellular and mobile tower sector this morning, which looks like it will weigh somewhat on the shares in the group. Its prior weighting was...
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