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» 2009 » May

  • College has ’strong case’ for funding - C...
    By admin on May 30th, 2009 | No Comments Comments
    … at the worst possible time in the credit crunch. But he added the college - which … The Star reported yesterday that Sheffield architects Bond Bryan is to make 65 redundancies directly … ...
  • Investors Now Treating Bad News for the Dollar as Bad...
    By admin on May 30th, 2009 | No Comments Comments
    … The market’s reaction assumed that a less-than-stellar bond purchase number portends that the Fed will … and the second biggest of the whole credit crunch (IndyMac still has that award). BankUnited’s failure … ...
  • A Merciless War Between Inflation and Deflation
    By admin on May 30th, 2009 | No Comments Comments
    … of the first horror movie with a credit crunch theme. No kidding. We just read about … getting slammed by higher yields. The long bond yielded 4.56% yesterday - up from well … buying short-term US debt, leaving the longer-term bonds to other buyers. Since the Chinese were … ...
  • City view - 29 May 2009
    By admin on May 30th, 2009 | No Comments Comments
    … just days before the onset of the credit crunch in 2007 and the expansion into Europe … on the brink of breaching bank and bond covenants but a takeover deal is … of net debt. There are 275m of bonds that have to be repaid next year … ...
  • Treasury prices rebound
    By admin on May 30th, 2009 | No Comments Comments
    The bond market rallied Friday at the end of a week with three major auctions of debt and sharp price swings. ...
  • Top 10 News Items 5/26-5/29: GM Confirms Support of U...
    By admin on May 30th, 2009 | No Comments Comments
    Here is a recap of the top news items from this week on Wall Street: 1. Late Friday, General Motors (NYSE: GM) officials confirmed that its UAW-represented employees have ratified the modifications to the GM-UAW 2007 National Labor Agreement. Despite this development, market players are still expecting GM to file for bankruptcy either this weekend ...
  • Trading Radar for 6/1: Lions Gate (LGF), Apollo Inves...
    By admin on May 30th, 2009 | No Comments Comments
    The Trading Radar highlights key earnings and economic announcements for tomorrow’s trading session: Before Market Opens: Economics: 8:30am ET Personal Income/Spending for April - Street expects down 0.2% Intraday or Not Specified: Economics: 10am ET Construction Spending for April - Street expects down 1.8% ISM Index for May - Street ex...
  • Unusual 11 Mid-Day Movers 5/29: JCG, STSI, PNSN, INCY...
    By admin on May 30th, 2009 | No Comments Comments
    Catalyst Pharmaceutical Partners, Inc. (Nasdaq: CPRX) 53.8% LOWER; announced top-line results from its U.S. Phase II clinical trial to treat cocaine addiction. The data from the trial showed that CPP-109 did not demonstrate statistical significance in the primary endpoint — that a significantly larger proportion of CPP-109-treated subjects th...
  • Notable Analyst Rating Changes 5/29: ODP, JCG, NWSA, ...
    By admin on May 30th, 2009 | No Comments Comments
    UPGRADES: JP Morgan upgrades Office Depot (NYSE: ODP) from Neutral to Overweight. Click here for more color on the upgrade. Goldman Sachs upgrades J. Crew Group, Inc. (NYSE: JCG) from Sell to Neutral and took the stock off its Conviction Sell List. The stock was also upgraded to Hold at Brean Murray. JP Morgan upgrades News Corp (Nasdaq: NWSA) from...
  • Notable Mergers and Acquisitions of the Day 5/29: FTG...
    By admin on May 30th, 2009 | No Comments Comments
    FiberNet Telecom Group, Inc. (Nasdaq: FTGX) announced today that it has entered into a definitive Agreement and Plan of Merger with Zayo Group, LLC and Zayo Merger Sub, Inc. Each share of FiberNet Telecom Group, Inc. common stock issued and outstanding immediately prior to the effective time of the merger will be entitled to receive $11.45 in cash...

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