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Stock Up on Natural Gas
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Natural gas is the natural investment opportunity right
now, as the shopping spree for natural gas companies
continued last week with the recent buyout offer of a
subsidiary of Royal Dutch Shell and PetroChina for Arrow
Energy's Australian operations.
3/9/2010 1:03 PM EST
Greeks' Naked Shorts Excuse Naked
Empirical studies of the Greek debt crisis do not indicate
borrowing costs were much lifted by swaps, naked or clothed.
3/10/2010 9:31 AM EST
AIG Expects $490M from TransRe Stake Sale
American International Group indicated Wednesday that it
may take in $490 million from selling its stake in a
reinsurance company.
3/10/2010 10:22 AM EST
iPad Delays: The Guesswork Heats Up
Analysts are trying to draw a bead on Apple iPad numbers
ahead of the April 3 debut, but the target is still moving.
Production problems have been confirmed -- and refuted.
Delays have been deemed minor, while others call them
nonexistent.
3/10/2010 11:05 AM EST
Google Apps Store Supports Small Businesses
Google, ever a champion of doing business on the Internet,
has opened the Google Apps Marketplace, a Webfront store
that sells third-party business applications that can be
integrated with Google's online office software such as
Gmail and Google Docs.
3/10/2010 2:17 PM EST
Howard Stern Howls Defense of Sirius XM
Sirius XM marquee personality Howard Stern launches an
attack against the latest FCC attempt to take down
satellite radio.
3/10/2010 1:23 PM EST
Zale's Major Investor Flees
A major investor in Zale has shed most of his shares in the
struggling jeweler, according to a Securities and Exchange
Commission filing.
3/10/2010 1:40 PM EST
Bank of America Short Interest Abates
Short interest in Bank of America fell sharply in the
second half of February, consistent with the stock's strong
performance during that time. The share appreciation has
carried over to March, and Bank of America shares were up
nearly 12% year-to-date through Tuesday's close.
3/10/2010 2:41 PM EST
BlackRock Downplays Goldman Drama
Goldman Sachs may be a punching bag for members of Congress
and the public but, for the head of a large financial
services firm, being perceived as actively disliking
Goldman is a different story.
3/9/2010 9:54 AM EST
Citi Shareholders Have Spoken: Today's Outrage
Citigroup shareholders have spoken. They want the
government to sell its 27% stake and go away. Ditto over at
AIG.
3/10/2010 8:43 AM EST
Citigroup Up as Offer Sees Strong Demand
Citigroup shares continued their upward trajectory
Wednesday as the bank launched a sale of up to $2 billion
worth of trust-preferred securities.
3/10/2010 9:44 AM EST
Delta Fighting Despite Setbacks
Despite two recent setbacks, Delta has no intention to
throw in the towel in either case.
3/10/2010 1:52 PM EST
Mid-Cap Utilities Ready to Power Up
Small-cap, retail, and transportation stocks have rocketed
higher in recent weeks, but it isn't wise to chase these
overextended groups, because profit-taking could start at
any time.
3/10/2010 12:35 PM EST
Las Vegas: Lady Luck Has Left the Casino
Nevada gaming revenue continued its losing streak in
January. Navada gaming revenue for the month of January
dropped 3.2% year-over-year to $883.3 million.
3/10/2010 12:31 PM EST
Biotech Gainer: Intermune
Shares of biotech company Intermune are up more than 65% on
Wednesday after an FDA panel recommended that the agency
approve a proposed lung drug, pirfenidone.
3/10/2010 11:26 AM EST
Dom Perignon Releases New Rose Vintages
The company is releasing its Dom Perignon Rose Vintage 2000
and inaugural Dom Perignon Rose Oenotheque 1990.
3/10/2010 9:46 AM EST
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