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gm cc cats! Oil futures off; buck stronger, supply seen rising...
gm upb cat! Bank of America loss widens to $5.2 billion...
Top of the morning spider cat....what's shakin today?
what's shakin upb cat? any tid bits out there today?
morning cc cats. GCKO on watch. 0.019 buy in. news out.
gm stock doc cat! GCKO could start purrrring again. news out.
morning g. liking ITRO. keep an eye on GCKO as well. could be good to go today. news out.
gm upb cat! GCKO back in the light with after-market news out. not bad for under a deuce. buy in at 0.019.
recovering from a long holiday g. looking for some bits and bites today. got those bills to pay! lol.
the cat's back upb! lol. anything on tap for today?
what's the word g cat?
top o' the morning universal cats!
morning upb felines! SMCE 1.94...two bucks a purrrrin soon...
1.91 x 1.94....volumes popping
morning g cat....what's purrrin?
stock doc cat! what's shakin? SMCE purrings in the wind....
cats eyes! THRA poppin like a biyatch! run mode in effect....purrrr
whats shakin' g cat? i'm scrambling for the xmas plays for those bills! lol.
gm cc...RINO on the 30.00 for the big play cats...
top o' the morning toc cats....Before the bell: Futures climb as Bank of America to pay back TARP funds
Posted Dec 3rd 2009 7:45AM by Melly Alazraki (RSS feed)
Filed under: Before the bell, Deals, General Electric (GE), Employees, Market matters, Bank of America (BAC), Comcast Cl'A' (CMCSA), Economic data, Federal Reserve
U.S. stock futures were higher Thursday morning as investors' confidence was boosted by an announcement that Bank of America (BAC) will be paying back the $45 billion it received in bailout funds and at news that General Electric (GE) and Comcast (CMCSA) are finalizing their deal to form a joint entertainment company. Data on retail sales and jobs are also in focus this morning.
On Wednesday, U.S. stocks ended up mixed as Wall Street reacted to different news, such as the lower job losses number from ADP, record gold prices, the Fed's Beige Book and GM's management shakeup.
gm upb cat! what's the word?
morning stock doc cat....
RTGV pushing 0.072 +10.77%. 7's falling fast cats.
morning forum felines...Before the bell: Stock futures higher as gold sets another record, dollar slumps
Posted Nov 23rd 2009 7:45AM by Melly Alazraki
Filed under: Before the bell, International markets, Market matters, Economic data, Commodities, Oil
U.S. stock futures rose Monday morning as investors reacted to rising commodity prices, including a new record for gold, and the dollar's retreat. Further economists expect job losses to peak in the first quarter. It seems Wall Street is about to join the world markets rally.
The U.S. dollar fell against the euro and the yen Monday, following some escalating tensions with Iran and after Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its asset-buying program active beyond its current cut-off date. The Dollar Index fell for the first time in three days. What's more, forecasters predict the it will continue sliding even when the Fed begins to raise interest rates based on supply and demand forces.
Commodities gained across the board as the dollar weakened. Gold rallied to yet another new high on Monday, extending its winning streak into a seventh session. Gold for immediate delivery added as much as 1.5% to $1,167.88 an ounce in London. Oil, affected by concerns over Iran as well, also rallied with the January contract climbing 93 cents to $78.40 a barrel.
Also, for the first time in seven decades, Treasury bills are paying no interest while stocks continue to appreciate -- a divergence in U.S. financial markets that might be perilous if the Fed didn't know all about 1938. Three-month bill rates closed at 0.005% last week, down from 0.11% at the end of September. Traders told Bloomberg News the rate dipped below zero on some bills due in January on Nov. 19.
One major economic reports is due out today at 10:00 a.m. Eastern. The National Association of Realtors will release existing home sales for October. Economists expected sales to have increased to an annual rate of 5.65 million last month from 5.57 million in September.
Meanwhile, economists expect job losses to slowly abate in 2010 -- bottoming in the first quarter, but they predict consumers will continue to keep a tight rein on spending, according to a new survey. Chicago Fed President Charles Evans also expects U.S. unemployment to peak at around 10.5% next spring and hopefully easing to about 9.5% by end-2010.
And perhaps a new trend following the recession, for the first time in a decade, more people paid their credit card bills on time in the third quarter this year than in the second quarter. The delinquency rate fell to 1.1% for the quarter from a rate of 1.17% in the second, according to credit reporting agency TransUnion.
top o' the morning d cat...what's shakin?
morning cc...RTGV low volume popper potential. PGCR for the subby bottom play.
morning TOC cats...what's purrrin?
morning upb cat...feline watch on RTGV and little a PGCR for the subby top up
what's shakin junkyard doog? :)
checking out the the new board stock doc cat...cool
some midday updates cats....Analyst upgrades, downgrades and initiations: FIS, LMNX, RIMM, SII, TGT, TSYS ...
Posted Nov 18th 2009 11:40AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, Target Corp. (TGT), Research in Motion (RIMM), Analyst initiations
Analyst upgrades:
RBC Capital upgraded Fidelity National (FIS) to outperform from sector perform. The firm upgraded the stock due to valuation, and its belief that the company will clear up issues related to its merger on its Analyst Day, scheduled for Dec. 7. The firm set a $28 target on the stock.
Citigroup upgraded Smith International (SII) to buy from hold, citing the sell-off in shares following its 28M share equity offering. Note that Smith International priced 28M shares Tuesday at $26.50.
Wells Fargo upgraded DynCorp (DCP) to outperform from market perform. The firm upgraded the stock on valuation, and because it believes that the impact on DynCorp of a possible indictment of PWC will be minimal, if any.
Rockwell (ROK) was upgraded to overweight from neutral at HSBC.
Omega Healthcare (OHI) was upgraded to outperform from market perform at JMP Securities.
Analog Devices (ADI) was upgraded to conviction buy from buy at Goldman.
Analyst downgrades:
BMO Capital downgraded Research in Motion (RIMM) to market perform from outperform and has a $64 target on the stock. The firm has concerns FY11 estimates will move lower due to potential overhangs that include Verizon Wireless market share erosion, its move to the mid-tier market and lower ASPs, and cash flow.
Janney Montgomery downgraded Sunpower (SPWRA) to neutral from buy, citing the company's accounting issues. The firm has a $25 target on the stock.
Goldman downgraded Target (TGT) to neutral from conviction buy following the Q3 report and cautious Q4 guidance. The firm has a $54 target on the stock.
Western Digital (WDC) and Seagate (STX) were downgraded to underperform from buy at BofA/Merrill.
Poniard Pharma (PARD) was cut to hold from buy at Canaccord.
Banco Macro (BMA) was downgraded to neutral from overweight at JPMorgan.
Analyst initiations:
William Blair initiated Luminex (LMNX) with a market perform rating. The firm believes that Luminex is well-positioned in its market and has unique technology, but the firm is concerned about the visibility of the company's consumable revenues and the strength of its pipeline over the long term.
Oppenheimer initiated TeleCommunication Systems (TSYS) with an outperform rating and $11 target. The firm thinks the stock is undervalued in light of its exposure to multiple growth opportunities, and it recommends buying the shares.
Thomas Weisel initiated Asbury Automotive (ABG) with a market weight. The firm believes the company could benefit from additional cost savings and increases in the market share of foreign dealerships, but it believes that the company could be hurt by its exposure to Florida. The firm set a $12 target.
Baxter (BAX) was initiated with a market perform rating at Morgan Keegan.
Peabody Energy (BTU) coverage resumed with an overweight rating and $57 target at HSBC.
Sybase (SY) was initiated with an overweight rating and $50 target at JPMorgan.
what's the word upb cat?
afternoon toc cats!
morning g. what's shakin cool cat?
morning TOC cats...
gm cc cats...QASP buying into the dip at 0.0143...
morning forum cats...QASP back on watch...volumes pushing...
never seems to end my friend...what's on tap today cool cat?
gm upb cats...no surprise here...
General Motors to pay back taxpayers with their own money
Posted Nov 16th 2009 8:40AM by Zac Bissonnette (RSS feed)
Filed under: General Motors (GM)
In a bit of corporate strategy that would make Bernie Madoff blush, General Motors plans to use bailout money to pay back the $6.7 billion loan it has from the government.
The rest of the $50 billion flushed into General Motors has been converted into equity, meaning it does not have to be paid back. The Wall Street Journal reports (subscription required) that "GM still has $13.4 billion in an escrow account that came from its U.S. bailout, or twice the amount it needs to pay the government back. While repaying the loan promises to further bolster the health of the company's balance sheet, it also locks up cash that could be used to fund operations if the U.S. economy continues to slump, or if GM cannot arrest a severe decline in its sales and market share."
RINO...$27.00...resistance level testing...
thanks for the heads up za cat...black cat friday's always been good for me ;)