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  • Notable ETF Movers 3/19: UUP, VXX, THD Up; XLE, USO, ...
    By admin on March 20th, 2010 | No Comments Comments
    Notable ETF Movers of the Day : Gainers PowerShares DB US Dollar Index Bullish (NYSE: UUP) up 0.81% to $23.74. Seeing upside from uncertainty in Europe as tensions between Germany and Greece rise, and Greece may need to talk to the IMF for assistance. iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) up 2.22% to $22.57. The CBOE VIX is se...
  • Trading Radar for 03/19: Williams Sonoma (WSM), Tiffa...
    By admin on March 20th, 2010 | No Comments Comments
    The Trading Radar highlights key earnings and economic announcements for tomorrow’s trading session: Before The Market Opens Earnings: China TransInfo Tech (Nasdaq: CTFO) - consensus EPS $0.22 GigaMedia (Nasdaq: GIGM) - consensus loss $0.04 Tiffany & Co (NYSE: TIF) - consensus EPS $1.13 Williams-Sonoma (NYSE: WSM) - consensus EPS $0.73 Af...
  • Top 10 News Items 3/15-3/19: PPI/CPI Data Soothes Inf...
    By admin on March 20th, 2010 | No Comments Comments
    Here is a recap of the top news items from this week on Wall Street: 1. Data on producer and consumer prices this week showed that concerns related to inflation may have previously been overdone. PPI for February actually fell 0.6%, better than the 0.2% drop economists had been expecting, while CPI for the month was flat. Traders received mixed sig...
  • Equities firmer despite fresh European jitters
    By admin on March 20th, 2010 | No Comments Comments
    The week bore few signs of policy tightening with the Fed saying rates would stay low and the BoJ extending support for the financial system ...
  • Morning Movers 3/19: CTEL, POL, BVX Higher; APPA, PAL...
    By admin on March 20th, 2010 | No Comments Comments
    A.P. Pharma, Inc. (NASDAQ: APPA) 52.6% LOWER; today announced that it received a Complete Response Letter from the U.S. Food and Drug Administration regarding its New Drug Application for APF530 in the prevention of both acute and delayed onset chemotherapy-induced nausea and vomiting. APF530 is a long-acting formulation of granisetron utilizing th...
  • Notable Analyst Rating Changes 03/19: BBY, TTEK, PGR,...
    By admin on March 20th, 2010 | No Comments Comments
    UPGRADES Goldman Sachs upgrades Best Buy Company, Inc. (NYSE: BBY) from Neutral to Buy with raised price target to $47 from $44. Janney Montgomey Scott upgrades Tetra Tech (Nasdaq: TTEK) to Buy. Price target $26. Click Here for more color. BofA/Merrill Lynch upgrades Progressive Corporation (NYSE: PGR) from Underperform to Neutral and a price targ...
  • Notable Mergers and Acquisitions of the Day 03/19: LG...
    By admin on March 20th, 2010 | No Comments Comments
    Icahn announced today that the offer by certain of his affiliated entities to purchase up to 13,164,420 common shares of Lions Gate Entertainment Corp. (NYSE: LGF) has been amended to provide that the Icahn Group is now offering to purchase UP TO ALL of Lions Gate’s outstanding common shares. In addition, the expiration date of the Offer has...
  • Unusual 11 Mid-Day Movers 3/19: GENT, CTEL, POL, CNAM...
    By admin on March 20th, 2010 | No Comments Comments
    A.P. Pharma, Inc. (NASDAQ: APPA) 52.2% LOWER; today announced that it received a Complete Response Letter from the U.S. Food and Drug Administration regarding its New Drug Application for APF530 in the prevention of both acute and delayed onset chemotherapy-induced nausea and vomiting. APF530 is a long-acting formulation of granisetron utilizing th...
  • Analysts scramble to decipher calmer Vix
    By admin on March 20th, 2010 | No Comments Comments
    Decline in volatility reflects the record amounts of liquidity central banks have pumped into the global financial markets and record low interest rates ...
  • Greek banks miss broader gains
    By admin on March 20th, 2010 | No Comments Comments
    European shares on Friday retreated from their 17-month highs reached earlier in the week as concerns over Greece’s debt problems persisted. ...

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