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My WAMUQ volumes running fast. Buys in at 0.141. Take note of this call on AWSL as well, 1.40 low volume popper.
loving this. opening bell and we're up over 6 million deep! WAMUQ!!
GM PBMMSP. Calling AWSL for the long bull. THRA and WAMUQ volume alerts issued.
indeed. lucky day seven popper on THRA.
Morning Players. Monday stock calls on WAMUQ. AWSL. THRA.
Been awhile wild cat. What's happening?
GM GA CATS!!!! AWSL/THRA/WAMUQ. Volume alert. Bullish pattern forming.
GM five star. AWSL/THRA/WAMUQ. Volume alert. Bullish pattern forming.
mr.tanaka...what's happenin cat?
Facebook drafts FriendFeed in its war against Twitter
Posted Aug 11th 2009 8:20AM by Tom Taulli
Filed under: Deals, Google (GOOG)
More
Facebook, the world's largest social network with over 250 million users, agreed to acquire FriendFeed yesterday. The rumor is that the price tag was about $50 million or so.
For the most part, Facebook has avoided acquisitions. The only one was for Parakey, a couple years ago. The main purpose was to get two top programmers who worked on the highly popular Firefox browser.
Interestingly enough, this "talent grab" seems to be a key to the FriendFeed deal. The 12 person team is quite impressive. For example, Paul Buchheit was the mastermind behind Gmail and even ginned up the phrase "Don't be evil". Other former Google (NASDAQ: GOOG) veterans include Jim Norris, Bret Taylor and Sanjeev Singh.
The team has been highly productive. With a decent amount of venture capital -- $5 million – the company has been able to develop a cool service that aggregates content from more than 60 websites (like Flickr and Twitter). Users can easily share, search, filter and comment on the content. So far, it is more robust than Facebook's news feeds.
Ultimately, this looks like a way to put pressure on Twitter, which has the lead in real-web content. Funny enough, Facebook tried to buy the website recently but there was a dispute over the valuation.
gm bt cats...
gm cc players!
spider cat...what's purrrrin?
morning green cats...
lol...8 legs...8 plays...8 ways to financial freedom....hahahahaha!
inside...runs the outside...45 k avg volume...whats the story there wickerman cat?
subby packin there lotus cat...
ASFX and USAU...predator cats...run the dips
spider cat...whats happenin arachnoid?
never stopped watching...bull waitin to be unleashed...keep an eye on ASFX as well t cat...
Congress approves $2 billion 'cash for clunkers' renewal
Posted Aug 7th 2009 8:00AM by Connie Madon (RSS feed)
Filed under: Deals, Consumer experience, Marketing and advertising
Late Thursday night Congress approved another $2 billion for the "cash for clunkers" program.
On the Democratic side, Senator Debbie Stabenow of Michigan said: "The reality is this is a program that has been working. Consumers believe it's working. People who make steel and aluminum and advertisers -- and everyone who's involved in the larger economic impact of the auto industry -- believe it is working."
On the Republican side, Senator Judd Gregg of New Hampshire said: "What we are doing is creating debt -- The bill to pay for those cars is going to come due on our children and grandchildren."
gm 007 and cash cow cats....
t cat...peep that USAU close yesterday?
catsss...whats purrrin?
stock doc cat...
all is well my friend...any thing on watch?
morning bt cats...trump this...Donald Trump Faces Bondholder Battle in Bid to Reclaim Casinos
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By Caroline Salas and Beth Jinks
Aug. 5 (Bloomberg) -- Trump Entertainment Resorts Inc. bondholders plan to reject Donald Trump’s attempt to take control of the bankrupt casino company because it would leave their securities worthless.
Bondholders, who are owed $1.25 billion, say Trump’s deal undervalues the company. Trump and an affiliate of Beal Bank Nevada agreed on Aug. 3 to invest $100 million in the company. Beal would extend the maturity on a $486 million loan until December 2020 from 2012.
“The plan proposed by Beal Bank and Donald Trump is not capable of confirmation for many reasons,” said Kristopher Hansen, co-head of the financial restructuring practice at Stroock & Stroock & Lavan LLP in New York, who is representing bondholders. “The stories of Mr. Trump’s regaining control of the debtors are simply inaccurate,” Hansen said in an e-mailed statement.
Trump is attempting to retake control of the company he founded after the three casinos it owns in Atlantic City, New Jersey, wound up in bankruptcy protection a third time.
Any value above the Beal loan, which ranks first for repayment, should go to bondholders as equity, according to people familiar with the thinking of the bondholders. Shareholders would also get nothing under Trump’s offer, which requires court approval.
‘Too Low’
Bondholders are considering putting up additional money to help repay the loan to Beal Bank, according to the people, who declined to be identified because the creditors are still formulating their own plan. That amount may be between $50 million and $100 million and Trump would get no equity, one of the people said.
Trump’s plan puts “too low” a valuation on the company and we “suspect bond holders, who are second lien but are being offered nothing in this plan, will object,” Barbara Cappaert, an analyst at high-yield research firm KDP Investment Advisors Inc. in Montpelier, Vermont, wrote in a report yesterday. “This will likely delay an eventual reorganization for several more months.”
Atlantic City-based Trump Entertainment filed for Chapter 11 bankruptcy in Camden, New Jersey, on Feb. 17, days after Trump quit as chairman and said he was severing ties. At the time of the filing, the company listed assets of $2.06 billion and debt of $1.74 billion as of Dec. 31.
“The filing of a bankruptcy plan is standard in the restructuring process and signifies the start of a many months long process that guarantees no certain outcome,” Hansen said.
Tom Hickey, a Trump Entertainment spokesman, declined to comment beyond the Aug. 3 company statement.
Bondholders will “have a very hard time proving” the casino company is worth more than $500 million in court, Trump, 63, said in a telephone interview yesterday.
Additional Capital
“They appointed most of the board of directors and this was already sent to the board,” Trump said. Bondholders have failed to reach their own agreement with the board, he said.
Additional capital from bondholders would be too expensive, and under any plan other than his own, Beal Bank may not let Trump Entertainment extend the maturity on the loan, Trump said.
In exchange for extending the credit line, Beal Bank would get an interest rate that is 5.75 percentage points more than the London interbank offered rate, Trump Entertainment said yesterday in a filing with the U.S. Securities and Exchange Commission. That’s up from a spread over Libor of 3.2 percentage points previously, according to an earlier agreement.
Three-month Libor, a borrowing benchmark, was set at 0.47 percent yesterday.
‘Needs Leadership’
Bondholders “want to invest money with a large amount of interest on that money, and that doesn’t work,” Trump said. “These people have been running the company for the last three years. They put the board on, they hired everybody and look what happened. I haven’t been involved in management in a long time. This is a company that needs equity investment and needs leadership.”
Trump Entertainment’s $1.25 billion of 8.5 percent notes maturing in 2015 last traded at 12.25 cents on the dollar on July 23, according to Trace, the bond-price reporting system of the Financial Industry Regulatory Authority. The securities traded as high as 103.375 cents as recently as June 2007.
Cappaert recommends investors “hold” the securities because “bondholders deserve and will earn a level of return consistent with current bond prices,” she said in the report.
T cat....
RTGV...for the sleeper cats...Closing Date Set for RTGV and ANHL et al.
Aug 3, 2009 12:21:00 PM
View Additional ProfilesLONDON -- (MARKET WIRE) -- 08/03/09 -- RTGV (OTCBB: RTGV) officers, both of whom will be Directors in the resultant Company as announced earlier, spent the last month in discussions with the principals of ANHL establishing a timeline for the closing of the Share Exchange Agreement to become NMTV, Inc. Linda Perry, RTGV's CEO, remained in London as promised to shareholders, until the objective was achieved. An equally important, secondary goal was to meet with all of the management and key decision-makers of the business development opportunities available to NMTV. A wide range of existing and new European investors came into London during the last month to participate in an array of discussions, in many varied venues, about the direction of NMTV to ensure the shareholders receive maximum ROI in the most cost efficient and effective manner. According to Perry: "The design and execution plan for NMTV as a key industry leader in new media has always been focused on shareholder value. Some investors have been frustrated with the length of time the venture has taken to get to this point, but the current environment, with opportunities to include exciting private companies not otherwise available, has been understood by long term and potentially new shareholders seeking the growth potential built into NMTV's blueprint. These individuals understand the hurdles encountered and will appreciate the care we took to get to the end point. We are proud of the result and look forward to sharing the benefits going forward."
The closing will occur on or before September 30, 2009 in New York City. RTGV has met all of its Conditions of Closing. ANHL is continuing to finalize all of its Conditions of Closing. RTGV is in the process of developing a warranty from ANHL regarding the Closing.
Perry will return to New York for approximately a week, and be joined by Barry Fludgate, after which she will travel to Los Angeles to focus on the sale of certain on ANHL's non-working assets, specifically the domain names. NMTV will benefit from the additional liquid assets to implement its acquisition program and provide the flexibility available with incremental cash and working capital. This action will dramatically impact shareholder value. Both Perry and Fludgate will put the timeline in motion this week. The deal is a global, vertically oriented media venture with individual business lines, including a stand-alone payment systems division, is multi-faceted and complex. The multiple revenue streams in separate businesses, provide uniqueness and flexibility which can be leveraged to the shareholder's advantage. While Perry is in LA, Fludgate will continue the development and stewardship in London. Preparations for closing will be underway next week and as the specifics of the timeline are achieved further press releases will take place.
About NMTV: RTGV, through NMTV, has a new media business model which leverages an exclusive technology to deliver multicast transmissions of TV quality without buffering or freezing. This is a significant technological breakthrough and provides a competitive edge to its shareholders. The evolving venture includes an established 44,000 square foot studio outside London which is equipped to service traditional film and TV requirements, while also being refurbished to attract state-of-the-art broadband customers. Broadband is the global growth engine for new media in the 21st century. NMTV's technology and its multiple revenue streams from ancillary businesses, such as its television production company and a payment systems product with two brands, epaypoint and Web-Pay to manage new media, as well as consumer cash flow through the Internet, is the most cost effective and secure methodology. Through both organic growth and growth by acquisition, NMTV will become a leader in new media and reward its stakeholders, shareholders, customers and suppliers. For all available Due Diligence, visit the website at: www.rtgventures.com
Safe Harbor Provisions: The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
Investor Relations Contact:
RTG Ventures, Inc.
917 488 6473
morning cc cats...
Before the Bell: U.S. stock markets unsettled
Posted Aug 5th 2009 7:30AM by Jonathan Berr
U.S. stock markets may be poised to rise, extending their gains from earlier this week, as traders bet that the worst of the steepest economic decline since the Great Depression is ending. Then again, they may end their recent winning streak.
It's one of those days.
S&P Futures expiring in September were little changed as investors digested the latest batch of earnings news. These recent quarterly reports have been largely viewed positively. Some investors may be worrying if stock valuations have gotten too rich.
Better-than-expected earnings were reported from a variety of companies, including heavy equipment maker organic grocer Whole Foods Markets Inc. (WFMI) to Caterpillar Inc. (CAT) to consumer products maker Clorox Co. (CLX) and toymaker Hasbro Inc. (HAS). Consumers may be coming out of their funk, boosting spending by 0.4% in June, an inrease from 0.1% a month earlier.
Some media reports are arguing that back-to-school sales may be better than expected. Oil prices also dropped to near $71 on the New York Mercantile Exchange.
The leading indexes in Europe and Asia were mixed. Europe's Dax and FTSE 100 Index posted gains, while Japan's Nikkei and the Shanghai Composite Index in China fell. Profit-taking appeared to be a factor in Asia.
U.K. bank Lloyd's Banking Group Plc. (LYG) shares soared after it said provisions for bad loans will decline "significantly." Of course, it posted a first-half loss of 3.1 billion pounds ($5.2 billion), according to Bloomberg News. The news service also reported that the U.K. services and manufacturing sectors showed more robust growth than economists had expected.
Foreign firms are scrambling to tap into the Chinese stock market, which is up more than 90% this year. Among the companies seeking a listing is HSBC Holdings Plc., (HBC) which was founded in China and Hong Kong 144 years ago. China's $586 billion stimulus package is credited with the robust performance of the world's most populous country, though some economists argue that a second one is needed.
gm green cats...
volumes picking up quickly oat cat...raising some interest...
U.S. Stocks Rise, S&P 500 Tops 1,000 for First Time Since Nov.
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By Matt Townsend
Aug. 3 (Bloomberg) -- U.S. stocks rose, sending the Standard & Poor’s 500 Index above 1,000 for the first time since November, on growing speculation the recession is ending and an unexpected profit at Europe’s biggest bank. Oil and metals advanced, while Treasuries fell.
Equities extended gains as reports on manufacturing and construction spending topped forecasts. Bank of America Corp., JPMorgan Chase & Co. and Citigroup Inc. rallied after HSBC Holdings Plc reported first-half net income of $3.35 billion as earnings from its securities unit doubled. Ford Motor Co. jumped 6.4 percent after a government incentive program helped it achieve its first monthly U.S. sales increase since 2007.
The S&P 500 added 1 percent to 996.91 at 11:43 a.m. in New York and climbed as high as 1,001.78. The Dow Jones Industrial Average rallied 77.24 points, or 0.8 percent, to 9,248.85 and the Nasdaq Composite Index increased 0.7 percent to 1,991.83.
“The housing data looks to be near bottoming out,” said Eric Teal, who oversees $5 billion as chief investment officer at First Citizens Bank in Raleigh, North Carolina. “That’s such a key psychological factor for the market that can drive consumer psychology and the market higher.”
The S&P 500 topped 1,000 for the first time in nine months after better-than-expected profits helped restore $3.7 trillion to U.S. stock markets since March.
Office Depot Inc., Genworth Financial Inc. and Fifth Third Bancorp rallied sevenfold or more since the benchmark index for American equities fell to a 12-year low of 676.53 on March 9. They were among 16 companies that lost more than 90 percent after the gauge last closed above 1,000 on Nov. 4.
Earnings-Fueled Rally
The S&P 500 remains 36 percent below its all-time high of 1,565.15 on Oct. 9, 2007. Before November, the index traded above 1,000 for five years.
Profits that surpassed analysts’ estimates at a record percentage of S&P 500 companies helped push the index to its fifth consecutive monthly gain in July. The index has risen 48 percent since March 9, its steepest advance since the 1930s, according to data compiled by Bloomberg.
Former Federal Reserve Chairman Alan Greenspan said in an interview yesterday on ABC’s “This Week” program that U.S. economic growth may resume at a rate faster than most economists forecast.
“We may very well have 2.5 percent in the current quarter,” Greenspan said in the interview. “The reason is there has been such an extraordinarily high rate of inventory liquidation that the production levels are well under consumption.”
Banks Gain
Bank of America, the largest U.S. lender, gained 5 percent to $15.53. New York-based Citigroup advanced 1.6 percent to $3.22. Barclays Plc joined HSBC in rallying in London after reporting earnings. Barclays said earnings at its investment bank increased to 1.05 billion pounds ($1.8 billion), helped by the thaw in credit markets since its September purchase of Lehman Brothers Holdings Inc.’s North American unit.
Ford gained 6.4 percent to $8.51, the highest since May 2008, after monthly sales rose 2.3 percent in July for the first gain in two years as the “cash-for-clunkers” incentives boosted industrywide deliveries of new vehicles to the highest levels of this year.
The Bloomberg Michigan Auto Group Index rallied 3.5 percent to the highest level since October as U.S. shares of Daimler AG, the world’s second-biggest maker of luxury cars, gained 4.2 percent to $48.41.
“It’s very important to get autos moving again,” Teal said. “If you put these kinds of economic incentives in place, it can help the wounded heal.”
ISM, Construction Spending
Stocks extended early gains as the Institute for Supply Management’s factory gauge rose to an 11-month high in July. The Commerce Department also reported that spending on U.S. construction projects unexpectedly rose 0.3 percent in June, led by an improvement in residential real estate and gains in government projects. Centex Corp. added 3.1 percent to $11.25 to lead an advance in the S&P 500’s Homebuilding Index.
Crude oil rose above $71 a barrel for the first time in a month on signs that industrial activity is picking up, while tin and copper led a rally in industrial metals. Natural gas and gold also advanced.
National-Oilwell Varco Inc., the world’s largest maker of oilfield equipment, surged 3.6 percent to $37.24 to help lead a gauge of energy shares in the S&P 500 higher. Natural gas pipeline owner El Paso Corp. added 3.1 percent to $10.37. Freeport-McMoRan Copper & Gold Inc., which operates the world’s biggest gold mine, rallied 7.6 percent to $64.91.
Roubini Says Commodities May Gain
Nouriel Roubini, the New York University economist who predicted the financial crisis, said at the Diggers and Dealers mining conference in Australia that commodity prices may extend their advance in 2010 as the global recession abates.
“As the global economy goes toward growth as opposed to a recession, you are going to see further increases in commodity prices especially next year,” Roubini said. “There is now potentially light at the end of the tunnel.”
China’s manufacturing expanded in July as record lending and a 4 trillion yuan ($585 billion) stimulus package stoked a recovery in the world’s fastest-growing major economy. The CLSA China Purchasing Managers’ Index rose to a seasonally adjusted 52.8, the highest level in a year, from 51.8 in June, CLSA Asia- Pacific Markets said today.
Per-share earnings have beaten estimates at 78 percent of the 359 companies in the S&P 500 that released second-quarter results since June 17, according to data compiled by Bloomberg.
Earnings Watch
Companies in the S&P 500 are still headed for a record eighth consecutive decline in quarterly profits. Per-share earnings have tumbled 32 percent on average. Analyst estimates compiled by Bloomberg predict a 31 percent drop in the second quarter and a 22 percent third-quarter decline. While earnings are falling, results have surpassed projections by an average 10 percent.
Loews Corp. advanced 5.2 percent to $31.59 after the holding company run by New York’s Tisch family reported second- quarter operating income, excluding some items, of $1.19 a share, beating the average analyst estimate by 33 percent.
3M Co., the maker of 55,000 products from Post-It notes to electronic road signs, rose 2 percent to $71.96. The shares were raised to “buy” from “neutral” by Goldman Sachs Group Inc., which said the company may beat analysts’ earnings estimates in the second half of this year.
BQI...catch anyone's interest?
update cats...Markets gain on economic news and Ford's sales numbers
Stocks remain higher but off their best levels of the morning. The averages surged at the open and then saw some weakness before several economic reports were released. The reports proved to be better than expected, the averages rose, and they stayed there after Ford (F) released its July sales which showed a 2.3% increase, its first gain two years. The markets have come off their lows in the past 15 minutes but are still putting in an impressive performance. The Dow is up 75 to 9,252.0, the NASADQ is up 12.90 to 1,992.60, and the S&P is up 10 to 997.50. :
hmmmmm....Will the S&P 500 reach 1000?
Posted Aug 3rd 2009 11:20AM by Connie Madon
Filed under: Earnings reports, Forecasts, Market matters, S and P 500
More
The stock market is on a tear. The S&P 500 index has had its best five months since 1938, with a 46% gain from its March 12 low. On Friday the S&P 500 closed at 987.48, so we have only 12.52 points to go. Volume has not been that impressive on the up side.
Now we must ask ourselves: How did the experts come up with the ammunition to predict the 1000 level? With the glass half full they are saying that 74% of the companies reporting second quarter results beat Wall Street expectations. This data comes from Thomson Reuters analysts. What is hidden in this report is that while earnings beat expectations, most are below last year's numbers.
Analysts expect job losses to total 320,000 for July, down from the 467,000 in June. Whether these numbers will be discounted and the rally remain intact is anyone's guess.
Markets are psychological and often defy logic. This year has shown this to be true in spades. The recent numbers last week showed NO growth in the economy, even though they were better than June's numbers. The market discounted the whole bunch and just kept rallying.
When psychology and reality meet again is anyone's guess.
Do you believe that this market rally will continue, even beyond 1000 in the S&P 500?
what's the story on that one briboy cat?
whats on tap for monday sunny?
gm cc felines and sun cat...