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» 2009 » June

  • New tax plea to boost regeneration
    By admin on June 2nd, 2009 | No Comments Comments
    … could be raised by local authorities selling bonds, which would be backed by the increased … in getting bank loans because of the credit crunch. Various high-profile projects, most notably the King … ...
  • Yuan Dips Lower Despite Weaker Dollar
    By admin on June 2nd, 2009 | No Comments Comments
    … banks have been barely scathed by the credit crunch, will be one of the first economies … inflation, undermining both the dollar and U.S. bonds. China is the biggest foreign owner of … ...
  • Local firms sales, profitability down
    By admin on June 2nd, 2009 | No Comments Comments
    … debt ratio increased as companies actively issued bonds and obtained loans, Park said. They did … profitability deteriorating. It also means that the credit crunch, which was serious late last year, has … ...
  • What General Motors’ Death Means For You
    By admin on June 2nd, 2009 | No Comments Comments
    … things out. Partly because of the global credit crunch, and partly because bankers aren’t stupid, no … future, as you sometimes see Confederate railroad bonds today.) There’s a key side point about … ...
  • Muni bonds under the microscope
    By admin on June 2nd, 2009 | No Comments Comments
    One of the few safe market havens this year has been an old standby — good old municipal bonds. But their solid performance might just be the result of overzealous retail investors. ...
  • After-Hours Movers 6/2: TIVO, APSG, TSRA Higher; VLO,...
    By admin on June 2nd, 2009 | No Comments Comments
    TiVo Inc. (Nasdaq: TIVO) 31% HIGHER; a Judge upheld Tivo patents and said Echostar (Nasdaq: SATS) is infringing on them, according to Bloomberg. Tivo wins ruling on Echostar DVR patent case. Echostar told to stop use of TIVO technology for DVRs. Judge said Echostar in contempt of early ban on DVR use. The Judge said Echostar continues to infringe o...
  • Trading Radar for 6/3: Toll (TOL), Mechel (MTL), Joy ...
    By admin on June 2nd, 2009 | No Comments Comments
    The Trading Radar highlights key earnings and economic announcements for tomorrow’s trading session: Before Market Opens: Economics: 8:15am ET ADP Employment Change for May - Street expects down 525,000 Earnings: Joy Global (Nasdaq: JOYG) - consensus EPS $0.89 Williams-Sonoma (NYSE: WSM) - consensus loss $0.21 Intraday or Not Specified: Eco...
  • Unusual 11 Mid-Day Movers 6/2: TOPS, HLND, SAY, GPRE ...
    By admin on June 2nd, 2009 | No Comments Comments
    TOP Ships (Nasdaq: TOPS) 36.3% HIGHER; not hearing any company-specific news that would justify today’s move. The stock appears to be breaking about the $3 level technical level on extremely heavy volume. Hiland Partners, LP (Nasdaq: HLND) 29.5% HIGHER; today announced that each of the Hiland companies has signed a separate definitive merger...
  • Notable Analyst Rating Changes 6/2: CAL, UFS, CHU, IS...
    By admin on June 2nd, 2009 | No Comments Comments
    UPGRADES: JP Morgan upgrades Continental (NYSE: CAL) from Neutral to Overweight with a $13 price target, citing valuation after recent sell-off. Credit Suisse upgrades Domtar (NYSE: UFS) from Neutral to Outperform. UBS upgrades China Unicom (NYSE: CHU) from Neutral to Buy. Needham upgrades Intuitive Surgical, Inc. (Nasdaq: ISRG) from Hold to Buy...
  • Notable Mergers and Acquisitions of the Day 6/2: GM, ...
    By admin on June 2nd, 2009 | No Comments Comments
    One day after filing bankruptcy, General Motors (NYSE: GM) announced it has entered into a memorandum of understanding with a buyer for HUMMER, its premium off-road brand. The sale is expected to close by the end of third quarter of this year and is subject to customary closing conditions, including receipt of applicable regulatory approvals. The ...

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