Replacing the revenue drop from losing market exclusivity on the mega
blockbuster Lipitor isn't going to be done in one fell swoop. But Pfizer
(NYSE: PFE ) may try to soften the blow by expanding its cancer franchise
through acquisition. The New York-based pharmaceutical giant is rumored to have
its eyes on Onyx Pharmaceuticals (NASDAQ: ONXX ).
Friday, December 2, 2011
Will the Buck Confirm a New Bull Market?
Investors rested yesterday after the huge advance on Wednesday, causing stocks
to trade flat for most of the day. Neither a better-than-expected ISM
manufacturing number, a worse-than-expected initial jobless claims report, nor a
decrease in China's PMI manufacturing figure had much impact on the day's
results. The Dow Jones Industrial Average fell 0.21%, the S&P 500 lost 0.19% and
the Nasdaq gained 0.22%. Volume fell to 855 million shares traded on the NYSE
and 463 million on the Nasdaq. Decliners led advancers on both exchanges by
about 1.5-to-1. Click to Enlarge The S&P 500, along with the other U.S.indices,
put on a show of strength on Wednesday as it vaulted through its 50-day moving
average and now challenges the resistance line of a right triangle at 1,265. A
pullback should receive support first at 1,220, and then the 50-day moving
average (blue line) at 1,208. Click to Enlarge Click to Enlarge We may be miles
apart from Germanyand China, but when it comes to stocks these charts illustrate
that there is a global cohesion. Note that each chart has formed a triangle with
support approximately at the midpoint of the formation. Also note that the MACD
internal indicator of the S&P 500 and the German DAX have flashed buy signals,
and that China's Hang Seng's fast line (red) of its MACD is arching sharply
up and very close to issuing a buy signal. The Hang Seng, it appears, is
slightly behind the other indices but gapped higher yesterday in an attempt to
catch up. Click to Enlarge The world's currency for international settlements
is the U.S. dollar. After three months of dollar strength and general stock
weakness, the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP ) has
pulled back slightly from its bearish resistance line (red dash) just over
$22.40, but has found support at its 50-day moving average (blue line) at 21.92.
It is in an intermediate uptrend, and if it can close over the red dash line
will confirm a new bull market. But a close under the blue line and the red dash
support line should result in a test of its 200-day moving average (red line) at
$21.60.
to trade flat for most of the day. Neither a better-than-expected ISM
manufacturing number, a worse-than-expected initial jobless claims report, nor a
decrease in China's PMI manufacturing figure had much impact on the day's
results. The Dow Jones Industrial Average fell 0.21%, the S&P 500 lost 0.19% and
the Nasdaq gained 0.22%. Volume fell to 855 million shares traded on the NYSE
and 463 million on the Nasdaq. Decliners led advancers on both exchanges by
about 1.5-to-1. Click to Enlarge The S&P 500, along with the other U.S.indices,
put on a show of strength on Wednesday as it vaulted through its 50-day moving
average and now challenges the resistance line of a right triangle at 1,265. A
pullback should receive support first at 1,220, and then the 50-day moving
average (blue line) at 1,208. Click to Enlarge Click to Enlarge We may be miles
apart from Germanyand China, but when it comes to stocks these charts illustrate
that there is a global cohesion. Note that each chart has formed a triangle with
support approximately at the midpoint of the formation. Also note that the MACD
internal indicator of the S&P 500 and the German DAX have flashed buy signals,
and that China's Hang Seng's fast line (red) of its MACD is arching sharply
up and very close to issuing a buy signal. The Hang Seng, it appears, is
slightly behind the other indices but gapped higher yesterday in an attempt to
catch up. Click to Enlarge The world's currency for international settlements
is the U.S. dollar. After three months of dollar strength and general stock
weakness, the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP ) has
pulled back slightly from its bearish resistance line (red dash) just over
$22.40, but has found support at its 50-day moving average (blue line) at 21.92.
It is in an intermediate uptrend, and if it can close over the red dash line
will confirm a new bull market. But a close under the blue line and the red dash
support line should result in a test of its 200-day moving average (red line) at
$21.60.
Top 10 Personal Services Stocks with Highest Upside: CPY, CAST, DL, NED, July 16, 2010, AM, ATAI, NAUH, TUC, DVOX
Below are the top 10 Personal Services stocks with highest upside potential,
based on the difference between current price and Wall Street analysts average
target price. Five Chinese companies (CAST, DL, NED, DATE, ATAI) are on the
list. CPI Corp. (NYSE:CPY) has the 1st highest upside potential in this segment
of the market. Its upside is 310.6%. Its consensus target price is $20.20 based
on the average of all estimates. Chinacast Education Corporation (NASDAQ:CAST)
has the 2nd highest upside potential in this segment of the market. Its upside
is 130.3%. Its consensus target price is $12.00 based on the average of all
estimates. China Distance Education Hldgs Ltd (ADR) (NYSE:DL) has the 3rd
highest upside potential in this segment of the market. Its upside is 129.6%.
Its consensus target price is $5.90 based on the average of all estimates. Noah
Education Holdings Ltd. (ADR) (NYSE:NED) has the 4th highest upside potential in
this segment of the market. Its upside is 102.3%. Its consensus target price is
$3.50 based on the average of all estimates. Jiayuan.com International Ltd
(NASDAQ:DATE) has the 5th highest upside potential in this segment of the
market. Its upside is 82.5%. Its consensus target price is $13.60 based on the
average of all estimates. American Greetings Corporation (NYSE:AM) has the 6th
highest upside potential in this segment of the market. Its upside is 74.6%. Its
consensus target price is $30.00 based on the average of all estimates. ATA
Inc.(ADR) (NASDAQ:ATAI) has the 7th highest upside potential in this segment of
the market. Its upside is 73.8%. Its consensus target price is $16.50 based on
the average of all estimates. National American Univ. Holdings, Inc.
(NASDAQ:NAUH) has the 8th highest upside potential in this segment of the
market. Its upside is 71.2%. Its consensus target price is $12.00 based on the
average of all estimates. Mac-Gray Corporation (NYSE:TUC) has the 9th highest
upside potential in this segment of the market. Its upside is 61.7%. Its
consensus target price is $20.00 based on the average of all estimates. DynaVox,
Inc. (NASDAQ:DVOX) has the 10th highest upside potential in this segment of the
market. Its upside is 60.7%. Its consensus target price is $6.33 based on the
average of all estimates.
based on the difference between current price and Wall Street analysts average
target price. Five Chinese companies (CAST, DL, NED, DATE, ATAI) are on the
list. CPI Corp. (NYSE:CPY) has the 1st highest upside potential in this segment
of the market. Its upside is 310.6%. Its consensus target price is $20.20 based
on the average of all estimates. Chinacast Education Corporation (NASDAQ:CAST)
has the 2nd highest upside potential in this segment of the market. Its upside
is 130.3%. Its consensus target price is $12.00 based on the average of all
estimates. China Distance Education Hldgs Ltd (ADR) (NYSE:DL) has the 3rd
highest upside potential in this segment of the market. Its upside is 129.6%.
Its consensus target price is $5.90 based on the average of all estimates. Noah
Education Holdings Ltd. (ADR) (NYSE:NED) has the 4th highest upside potential in
this segment of the market. Its upside is 102.3%. Its consensus target price is
$3.50 based on the average of all estimates. Jiayuan.com International Ltd
(NASDAQ:DATE) has the 5th highest upside potential in this segment of the
market. Its upside is 82.5%. Its consensus target price is $13.60 based on the
average of all estimates. American Greetings Corporation (NYSE:AM) has the 6th
highest upside potential in this segment of the market. Its upside is 74.6%. Its
consensus target price is $30.00 based on the average of all estimates. ATA
Inc.(ADR) (NASDAQ:ATAI) has the 7th highest upside potential in this segment of
the market. Its upside is 73.8%. Its consensus target price is $16.50 based on
the average of all estimates. National American Univ. Holdings, Inc.
(NASDAQ:NAUH) has the 8th highest upside potential in this segment of the
market. Its upside is 71.2%. Its consensus target price is $12.00 based on the
average of all estimates. Mac-Gray Corporation (NYSE:TUC) has the 9th highest
upside potential in this segment of the market. Its upside is 61.7%. Its
consensus target price is $20.00 based on the average of all estimates. DynaVox,
Inc. (NASDAQ:DVOX) has the 10th highest upside potential in this segment of the
market. Its upside is 60.7%. Its consensus target price is $6.33 based on the
average of all estimates.
Expect Fossil Shares to Fare Better than Movado
Plenty of people in emerging markets are delighted to buy watches in order to
let the world know about their newly acquired wealth. If that growth is higher
than analysts expect, then investors might be able to profit from investing in
leading watchmakers such as Movado (NYSE: MOV ) and Fossil (NASDAQ: FOSL ). But
is the industry attractive and growing, and are these two stocks priced low
let the world know about their newly acquired wealth. If that growth is higher
than analysts expect, then investors might be able to profit from investing in
leading watchmakers such as Movado (NYSE: MOV ) and Fossil (NASDAQ: FOSL ). But
is the industry attractive and growing, and are these two stocks priced low
Clash of the Coffee Stock Titans: Starbucks Vs. Dunkin’ Brands
In the ever-brewing coffee wars, Starbucks (NASDAQ: SBUX ) and Dunkin' Brands
(NASDAQ: DNKN ) often are pitted against each other. Higher-end vs. lower-end
customers. East Coast vs. West Coast. The debate heats up during the holidays,
when hostess gifts, last-minute stocking stuffers and enticing seasonal flavors
send caffeine-deprived shoppers through their doors in droves. As a consumer,
the choice is easy: Let your taste buds decide. For investors, however, the
choice can be a bit trickier when it comes to capitalizing on this end-of-year
retail push. Let's take a look at what each has to offer: Despite its
well-known brand name, DNKN still is the new kid on Wall Street after its IPO
debuted in July. It has seen slow growth ever since, as its debt mounts higher.
Dunkin' Donuts stores have an approximate 70% share of DNKN's gross
revenues, while frozen treats retailer Baskin-Robbins makes up the rest. With a
shifting focus in the United States toward healthier eating choices and a
shrinking ice cream industry, this is a big disadvantage and could become dead
weight for the stock. Especially since Starbucks has increased its low-cal menu
offerings, complemented by free Wi-Fi in an inviting environment. In fact, SBUX
has capitalized on meeting consumers' appetite demands, and food is now 20% of
its mix and accretive to net margins. Starbucks also is expanding into at-home
products. It celebrated its 40th anniversary in March by announcing a deal with
Green Mountain Coffee Roasters (NASDAQ: GMCR ) for Starbucks coffee to be the
exclusive super-premium brand produced by GMCR for its Keurig single-cup brewing
system. The SBUX K-Cup portion packs debuted earlier this month and just in time
for the holiday season. Coffee growth in 2010 was driven by single-cup sales of
about $2 billion. With only 6% of U.S. homes having single-serve machines, the
growth opportunity here is huge. Plus, the all-important international market
has a single-serve segment about seven times the size of the United States. DNKN
also has a deal with GMCR to make Dunkin Donuts coffee available in K-Cups, but
with a larger consumer base and the premium label attached to it, the advantage
here remains with SBUX. Plus, when Green Mountain's K-Cup technology patents
expire next year, SBUX is a greater contender to take over the marketplace.
(NASDAQ: DNKN ) often are pitted against each other. Higher-end vs. lower-end
customers. East Coast vs. West Coast. The debate heats up during the holidays,
when hostess gifts, last-minute stocking stuffers and enticing seasonal flavors
send caffeine-deprived shoppers through their doors in droves. As a consumer,
the choice is easy: Let your taste buds decide. For investors, however, the
choice can be a bit trickier when it comes to capitalizing on this end-of-year
retail push. Let's take a look at what each has to offer: Despite its
well-known brand name, DNKN still is the new kid on Wall Street after its IPO
debuted in July. It has seen slow growth ever since, as its debt mounts higher.
Dunkin' Donuts stores have an approximate 70% share of DNKN's gross
revenues, while frozen treats retailer Baskin-Robbins makes up the rest. With a
shifting focus in the United States toward healthier eating choices and a
shrinking ice cream industry, this is a big disadvantage and could become dead
weight for the stock. Especially since Starbucks has increased its low-cal menu
offerings, complemented by free Wi-Fi in an inviting environment. In fact, SBUX
has capitalized on meeting consumers' appetite demands, and food is now 20% of
its mix and accretive to net margins. Starbucks also is expanding into at-home
products. It celebrated its 40th anniversary in March by announcing a deal with
Green Mountain Coffee Roasters (NASDAQ: GMCR ) for Starbucks coffee to be the
exclusive super-premium brand produced by GMCR for its Keurig single-cup brewing
system. The SBUX K-Cup portion packs debuted earlier this month and just in time
for the holiday season. Coffee growth in 2010 was driven by single-cup sales of
about $2 billion. With only 6% of U.S. homes having single-serve machines, the
growth opportunity here is huge. Plus, the all-important international market
has a single-serve segment about seven times the size of the United States. DNKN
also has a deal with GMCR to make Dunkin Donuts coffee available in K-Cups, but
with a larger consumer base and the premium label attached to it, the advantage
here remains with SBUX. Plus, when Green Mountain's K-Cup technology patents
expire next year, SBUX is a greater contender to take over the marketplace.
Top 10 Retail Stocks with Highest Upside: SPCHA, LAS, FLWS, GAIA, ZLC, GOLF, CMRG, VVTV, ODP, OMX
Below are the top 10 Retail stocks with highest upside potential, based on the
difference between current price and Wall Street analysts average target price.
One Chinese company (LAS) is on the list. Sport Chalet, Inc. (NASDAQ:SPCHA) has
the 1st highest upside potential in this segment of the market. Its upside is
242.9%. Its consensus target price is $6.00 based on the average of all
estimates. Lentuo International Inc (ADR) (NYSE:LAS) has the 2nd highest upside
potential in this segment of the market. Its upside is 174.2%. Its consensus
target price is $8.83 based on the average of all estimates. 1-800-FLOWERS.COM,
Inc. (NASDAQ:FLWS) has the 3rd highest upside potential in this segment of the
market. Its upside is 124.2%. Its consensus target price is $5.00 based on the
average of all estimates. Gaiam, Inc. (NASDAQ:GAIA) has the 4th highest upside
potential in this segment of the market. Its upside is 117.2%. Its consensus
target price is $8.69 based on the average of all estimates. Zale Corporation
(NYSE:ZLC) has the 5th highest upside potential in this segment of the market.
Its upside is 100.3%. Its consensus target price is $6.75 based on the average
of all estimates. Golfsmith International Holdings, Inc. (NASDAQ:GOLF) has the
6th highest upside potential in this segment of the market. Its upside is 96.4%.
Its consensus target price is $7.50 based on the average of all estimates.
Casual Male Retail Group, Inc. (NASDAQ:CMRG) has the 7th highest upside
potential in this segment of the market. Its upside is 93.1%. Its consensus
target price is $6.33 based on the average of all estimates. ValueVision Media,
Inc. (NASDAQ:VVTV) has the 8th highest upside potential in this segment of the
market. Its upside is 90.0%. Its consensus target price is $3.67 based on the
average of all estimates. Office Depot, Inc. (NYSE:ODP) has the 9th highest
upside potential in this segment of the market. Its upside is 84.0%. Its
consensus target price is $4.09 based on the average of all estimates. OfficeMax
Incorporated (NYSE:OMX) has the 10th highest upside potential in this segment of
the market. Its upside is 82.9%. Its consensus target price is $8.34 based on
the average of all estimates.
difference between current price and Wall Street analysts average target price.
One Chinese company (LAS) is on the list. Sport Chalet, Inc. (NASDAQ:SPCHA) has
the 1st highest upside potential in this segment of the market. Its upside is
242.9%. Its consensus target price is $6.00 based on the average of all
estimates. Lentuo International Inc (ADR) (NYSE:LAS) has the 2nd highest upside
potential in this segment of the market. Its upside is 174.2%. Its consensus
target price is $8.83 based on the average of all estimates. 1-800-FLOWERS.COM,
Inc. (NASDAQ:FLWS) has the 3rd highest upside potential in this segment of the
market. Its upside is 124.2%. Its consensus target price is $5.00 based on the
average of all estimates. Gaiam, Inc. (NASDAQ:GAIA) has the 4th highest upside
potential in this segment of the market. Its upside is 117.2%. Its consensus
target price is $8.69 based on the average of all estimates. Zale Corporation
(NYSE:ZLC) has the 5th highest upside potential in this segment of the market.
Its upside is 100.3%. Its consensus target price is $6.75 based on the average
of all estimates. Golfsmith International Holdings, Inc. (NASDAQ:GOLF) has the
6th highest upside potential in this segment of the market. Its upside is 96.4%.
Its consensus target price is $7.50 based on the average of all estimates.
Casual Male Retail Group, Inc. (NASDAQ:CMRG) has the 7th highest upside
potential in this segment of the market. Its upside is 93.1%. Its consensus
target price is $6.33 based on the average of all estimates. ValueVision Media,
Inc. (NASDAQ:VVTV) has the 8th highest upside potential in this segment of the
market. Its upside is 90.0%. Its consensus target price is $3.67 based on the
average of all estimates. Office Depot, Inc. (NYSE:ODP) has the 9th highest
upside potential in this segment of the market. Its upside is 84.0%. Its
consensus target price is $4.09 based on the average of all estimates. OfficeMax
Incorporated (NYSE:OMX) has the 10th highest upside potential in this segment of
the market. Its upside is 82.9%. Its consensus target price is $8.34 based on
the average of all estimates.
What’s So Special About Special Dividends?
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace On Thursday, Limited Brands (NYSE: LTD ), the parent of such high-profile retail properties as Victoria's Secret and Bath & Body Works, announced a vibrant 7% increase in same-store sales for November. The real news that day, however, was the company's announcement that it would pay shareholders a "special" $2 per share dividend. But just what is a special dividend, and what does it mean for the markets? Simply defined, special dividends are one-time payments that a company makes without any commitment to continue paying dividends on a regular basis. They differ from "regular" dividends, which are those paid usually on a quarterly basis. So, why would a company pay a special dividend? The chief reason is that they want to retain investors and make shareholders happy. A special dividend is a great way to create goodwill among current and potential shareholders. It's also a way for a company to generate positive headlines. For some firms, the goodwill and good PR can be more valuable than just holding on to pathetically low-paying cash deposits, and apparently Limited fits this bill. Another high-profile company that recently announced a special dividend is casino operator Wynn Resorts (NASDAQ: WYNN ). CEO Steve Wynn certainly knows how to generate goodwill and good PR, and the announcement in early November that WYNN shareholders would receive a $5 per share special dividend once again proved his acumen at the helm of the company. Other high-profile names announcing special dividends this year include Internet services firm VeriSign (NASDAQ: VRSN ), transportation and logistics firm Werner Enterprises (NASDAQ: WERN ) and electronics direct marketer PC Connection (NASDAQ: PCCC ). Sometimes, a company will offer a special dividend in the form of ownership in a spinoff company. Such was the case with oil giant Sunoco (NYSE: SUN ), which on Thursday declared a special stock dividend to its shareholders for its stake in coke producer SunCoke Energy (NYSE: SXC ). In Sunoco's case, the special dividend was part of a divestiture plan, which is another reason why companies sometimes go the special route. The rub with special dividends is that you never know when a company is going to decide to pay them out. That makes buying a stock in anticipation of a special dividend nearly impossible. However, if you do own a stock on the basis of sound fundamentals and sound technicals, and that company decides to pay a special dividend, then that's likely going to keep you smiling — and that's the chief reason why special dividends are a great tool for generating goodwill, and good PR. Disclosure: At the time of publication, Jim Woods held no positions in any of the stocks mentioned in this article.
Stock Investors Sell Off Shares of Randgold Resources, Down 2.4%
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Stock Investors Sell Off Shares of Randgold Resources, Down 2.4% Financial News Network Online – 1 hour ago Down 2.4% to $104.29, Randgold Resources (NASDAQ:GOLD), is one of today's notable movers. The S&P is trading higher by 0.5% to 1,251 and the Dow is trading 0.3% higher to 12,059. Randgold …
Ford Motor Company (NYSE:F) Adds MP3 Service To Trucks
XCSFDHG46767FHJHJF
tdp2664 E money daily Ford Motor Company (NYSE:F) has decided to add the Pandora music service to its new line of trucks in 2012. Ford Motor Company (NYSE:F) Adds MP3 Service To Trucks According to an announcement made by leading personalized radio service provider PANDORA, Ford Motor Company (NYSE:F) is planning to roll out the SYNC AppLink capability in its 2012 line of F-series trucks. Pandora Executive Vice President of Business and Corporate Development Jessica Steel said, "Ford Motor Company (NYSE:F) has done a great job in developing, deploying and educating listeners about the connected SYNC AppLink system. The vehicle is the traditional home of radio, and it is thanks to forward-thinking partners like Ford Motor Company (NYSE:F) that Pandora listeners are now able to seamlessly enjoy their personalized stations in the vehicle." Ford Motor Company (NYSE:F) stocks were at 10.59 at the end of the last day’s trading. There’s been a -8.1% movement in the stock price over the past 3 months. Ford Motor Company (NYSE:F) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.79 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.79 Zack’s Rank: 5 out of 5 in the industry
Gold Price Rose 3% This Week, it Must Pierce $1,750
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold Price Close Today : 1,747.00 Gold Price Close 23-Nov : 1,695.90 Change : 51.10 or 3.0% Silver Price Close Today : 3262.1 Silver Price Close 23-Nov : 3188.4 Change : 73.70 or 2.3% Gold Silver Ratio Today : 53.554 Gold Silver Ratio 23-Nov : 53.190 Change : 0.36 or 0.7% Silver Gold Ratio : 0.01867 Silver Gold Ratio 23-Nov : 0.01880 Change : -0.00013 or -0.7% Dow in Gold Dollars : $ 142.22 Dow in Gold Dollars 23-Nov : $ 137.51 Change : $ 4.72 or 3.4% Dow in Gold Ounces : 6.880 Dow in Gold Ounces 23-Nov : 6.652 Change : 0.23 or 3.4% Dow in Silver Ounces : 368.46 Dow in Silver Ounces 23-Nov : 353.81 Change : 14.65 or 4.1% Dow Industrial : 12,019.42 Dow Industrial 23-Nov : 11,280.90 Change : 738.52 or 6.5% S&P 500 : 1,244.28 S&P 500 23-Nov : 1,164.41 Change : 79.87 or 6.9% US Dollar Index : 78.637 US Dollar Index 23-Nov : 79.088 Change : -0.451 or -0.6% Platinum Price Close Today : 1,547.70 Platinum Price Close 23-Nov : 1,552.10 Change : -4.40 or -0.3% Palladium Price Close Today : 642.50 Palladium Price Close 23-Nov : 587.25 Change : 55.25 or 9.4% I keep looking at the GOLD PRICE and SILVER PRICE and closes this week, and my suspicion rises like a Tyrannosaurus rex when he’s hungry. Monday and Tuesday before the Fed’s trick gold traded in an identical range, virtually to the penny. Then it jumped $32.10, but struggleth still to pierce $1,750. Now if I were the Nice Government Men — and I thank God I am not — I would try to stifle gold in anticipation of the Swap Initiative. And of course, tis always easiest to do that by hitting silver with large selling. So Tuesday when the GOLD PRICE rose slightly ($2.60), silver dropped 30.8c. Next day came the announcement and gold leapt $32.10 while silver vaulted 87.8c. Does any of that look suspicious to y’all, or am I just a paranoid-conspiracy-theorist-seeing-evil- government-agents-behind-every-market-move? Mercy, it don’t matter two hoots and a holler, because the dimwits trying to manipulate the market will never succeed at it, more than a day or two at a time. If they are so powerful and were really able to keep the gold price down, why has gold risen from $252 in 2001 to $1,745 today and silver from 401c to 3262.1c today? Yeah, boy, they’re as adept at that as they are at delivering mail. GOLD closed today up $11.70 to $1,747.00 while silver fell off 7.4c to 3262.1. Now that might be manipulation and conspiracy, but it might merely represent longs taking profits on silver at week’s end. Lines are plainly drawn in the sand. Gold must pierce $1,750, silver must pierce 3300c, then 3400c. Down below gold must not drop lower than $1,720 or silver lower than 3150c. I am still hesitating to decide, but as day passes day it looks less and less like silver and gold will hit lower lows than those we’ve seen. Lift up your eyes to the horizon, and think. The GOLD PRICE and SILVER PRICE are rising, all else falling. If the US government and the Fed wants to offer you a SUBSIDY to buy silver and gold by driving the price down temporarily, why wouldn’t you take the subsidy and buy? I based this week’s scorecard on last Wednesday’s closes, since last Friday was a holiday. What leaps at your eyeballs first? Stocks jumped nearly 7% this week, thanks to the Fed’s propaganda move, the swap initiative. The quotation above shows you what I think of that, namely, it will accomplish no more than a brief flash in the pan, then stocks will fall to lower levels than they enjoyed before the Fed’s trick. Count on that. The Fed’s dog and pony show didn’t hurt silver and gold, either, up 2.3% and 3% respectively. Clearly, very few in the public have yet realized what central banks are doing to them, since the Fed has now joined them all in a cartel to inflate even more — proving once again, as if any of y’all were blind, stupid, and deaf enough to have missed all the previous occasions when they’ve demonstrated the same, that they have no other remedy but to inflate. And as long as they inflate, silver and gold will keep on rising and the economy will keep on dying. Dow closed at 12,019.42 today, grinding lower all day to end at 0.61 points down. S&P500 dropped 0.3 to 1,244.28. Overhead 12,200 is resistance, below support lies at 11,200. That latter will be the next level broken. US DOLLAR INDEX dropped with the Fed’s announcement, but has recovered. Today it rose 30.9 basis points (0.4%) to 78.637. The top of the foregoing trading channel comes in today about 77.50. Truly, though, I will count the dollar as rising and likely to rise much more, as long as it remains above 78.50. There might be some undertaking more inefficient, froward, and moronic that a central bank, but it hasn’t been seen since the Soviet Union collapsed. Fed’s dancy-dance did almost nothing for the Euro. It rose two days, then today gave back almost 100% of the gain. Closed 1.3394, down 0.52%, and still sinking like a lump in a churn. Yen remains under the thumb of the Nice Government Men. Closed today at 128.320c/Y100 (Y77.94/$1). Y’all enjoy your weekend! Argentum et aurum comparenda sunt — – Gold and silver must be bought. – Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold’s primary trend is up, targeting at least $3,130.00; silver’s primary is up targeting 16:1 gold/silver ratio or $195.66; stocks’ primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don’t intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Google Inc. (NASDAQ:GOOG) To Launch One-Day Delivery?
XCSFDHG46767FHJHJF
tdp2664 E money daily Google Inc. (NASDAQ:GOOG) has been in talks with a number of retailers to launch a one-day delivery shopping service. Google Inc. (NASDAQ:GOOG) To Launch One-Day Delivery? It has been reported that the search major Google Inc. (NASDAQ:GOOG) is consulting with retailers and shippers to launch a new service that will help online customers to receive their goods on the same-day or next-day of purchase. The company would oversee the quick-shipping service, although it wouldn’t sell items directly. However, Google Inc. (NASDAQ:GOOG) declined to comment on the particular report about the new service. Google Inc. (NASDAQ:GOOG)'s vice president of commerce management Sameer Samat said, "We have been in the business of connecting shoppers with merchants and the products they’re interested in buying for a long time". Google Inc. (NASDAQ:GOOG) stocks were at 613.77 at the end of the last day’s trading. There’s been a 7.8% movement in the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.17 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.22 Zack’s Rank: 2 out of 31 in the industry
Gold Futures Snap Two-Week Losing Skid With 3.9% Rally
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold futures rose modestly on Friday, with the COMEX February 2012 contract settling higher by $11.50, or 0.7%, at $1,751.30 per ounce. The yellow metal initially climbed to an intra-day high of $1,767.10 per ounce following release of the U.S. employment report, but pared its gains as trading progressed amid a rebound in the U.S. dollar. George Gero, precious metals strategist at RBC Capital Markets, wrote in a note to clients that “Gold traders and investors seem more optimistic about recovery, looking at jobs figures and euro-zone pronouncements and stimulus, and more important, the inflationary aspects of this.” With its advance, gold futures extended their weekly gain to 3.9% and snapped a two-week losing streak. Other precious metals rose considerably this week as well.
Google Alert - antiques coin
| ||
|
Tip: Use site restrict in your query to search within a site (site:nytimes.com or site:.edu). Learn more.
Delete this alert.
Create another alert.
Manage your alerts.
Starbucks Corporation (NASDAQ:SBUX) Plans Big UK Expansion
Starbucks Corporation (NASDAQ:SBUX) has plans to add 5000 jobs in UK. Starbucks
Corporation (NASDAQ:SBUX) Plans Big UK Expansion The coffee retailer Starbucks
Corporation (NASDAQ:SBUX) is planning to add 200 new drive-through stores across
the UK within five years. This expansion will create new 5000 job opportunities
in Britain. The company will also open more conventional outlets in the country.
Starbucks Corporation (NASDAQ:SBUX) said, "Customers want the best coffee
wherever they are, rather than just as a high street treat. The plan will
establish Starbucks Corporation (NASDAQ:SBUX) as market leader in the U.K.
drive-through coffee market". Starbucks Corporation (NASDAQ:SBUX) shares are
currently standing at 43.59. Price History Last Price: 43.59 52 Week Low / High:
30.75 / 44.7 50 Day Moving Average: 41.24 6 Month Price Change %: 14.7% 12 Month
Price Change %: 37.1%
Corporation (NASDAQ:SBUX) Plans Big UK Expansion The coffee retailer Starbucks
Corporation (NASDAQ:SBUX) is planning to add 200 new drive-through stores across
the UK within five years. This expansion will create new 5000 job opportunities
in Britain. The company will also open more conventional outlets in the country.
Starbucks Corporation (NASDAQ:SBUX) said, "Customers want the best coffee
wherever they are, rather than just as a high street treat. The plan will
establish Starbucks Corporation (NASDAQ:SBUX) as market leader in the U.K.
drive-through coffee market". Starbucks Corporation (NASDAQ:SBUX) shares are
currently standing at 43.59. Price History Last Price: 43.59 52 Week Low / High:
30.75 / 44.7 50 Day Moving Average: 41.24 6 Month Price Change %: 14.7% 12 Month
Price Change %: 37.1%
Eat Up These 4 Food Stocks to Stomach Market Volatility
Consumer stocks that deal with food products are in focus right now. Euro zone
debt fears, high unemployment and a volatile stock market means investors are
taking shelter in staples stocks that deal in the most basic of needs for
Americans: Food. Of course, not all food stocks are equal . You need a strong
brand and a great niche for your products. Whether it's higher quality or
lower prices, food stocks need an edge to get ahead. Here are four top food
stocks to eat up amid market volatility: Coca-Cola (NYSE: KO ) not only performs
well in weak economies, but accelerates profit growth when the global economy is
humming along. Coca-Cola is booming in emerging markets because those countries
predominantly younger populations enjoy the affordable luxury of Coca-Colas
products (two to three times more expensive than local brands). In the latest
quarter, strength came from emerging markets, including a 19% volume increase in
India and a 7% increase in Latin America. The company increased its share
repurchase program to $3 billion by the end of 2011, up from its prior goal of
$2.5 billion. Chipotle Mexican Grill (NYSE: CMG ) is one of the fastest-growing
fast-food restaurants in the U.S. And this year, CMG has been the
best-performing restaurant stock in the S&P 500 Index to date! The company has
been able to increase same-store sales consistently despite higher food costs.
Chipotle can absorb short-term food price hikes unlike any other restaurant
stock, and that makes it the perfect play for us in the year ahead. Whole Foods
Market (NASDAQ: WFM ) is dominating the high-end supermarket business. Whole
Foods offers an unparalleled selection of groceries, body care products and
other household products. For 2012, analysts expect Whole Foods' earnings
growth to outpace the rest of the grocery stores industry, accelerating 15%. And
WFM will keep its dominant position as it is doing an outstanding job in
containing its costs, managing its inventory and ramping up performance. Costco
(NASDAQ: COST ) is basically a cult for thrifty shoppers not just in regards to
electronics but to big cuts of meat and packaged foods. With retail sales
picking up, I expect Costco will sell more high-end products that will pad its
operating margins. For example, at my last visit to Costco, there were many
filet mignon roasts available at approximately $90 apiece for holiday meals, as
well as lobster tails and other expensive food items. And, COST will get a new
CEO with Craig Jelinek taking the reins from Jim Sinegal. I don't see any
potential problems with the transition or the future prospects of COST shares.
debt fears, high unemployment and a volatile stock market means investors are
taking shelter in staples stocks that deal in the most basic of needs for
Americans: Food. Of course, not all food stocks are equal . You need a strong
brand and a great niche for your products. Whether it's higher quality or
lower prices, food stocks need an edge to get ahead. Here are four top food
stocks to eat up amid market volatility: Coca-Cola (NYSE: KO ) not only performs
well in weak economies, but accelerates profit growth when the global economy is
humming along. Coca-Cola is booming in emerging markets because those countries
predominantly younger populations enjoy the affordable luxury of Coca-Colas
products (two to three times more expensive than local brands). In the latest
quarter, strength came from emerging markets, including a 19% volume increase in
India and a 7% increase in Latin America. The company increased its share
repurchase program to $3 billion by the end of 2011, up from its prior goal of
$2.5 billion. Chipotle Mexican Grill (NYSE: CMG ) is one of the fastest-growing
fast-food restaurants in the U.S. And this year, CMG has been the
best-performing restaurant stock in the S&P 500 Index to date! The company has
been able to increase same-store sales consistently despite higher food costs.
Chipotle can absorb short-term food price hikes unlike any other restaurant
stock, and that makes it the perfect play for us in the year ahead. Whole Foods
Market (NASDAQ: WFM ) is dominating the high-end supermarket business. Whole
Foods offers an unparalleled selection of groceries, body care products and
other household products. For 2012, analysts expect Whole Foods' earnings
growth to outpace the rest of the grocery stores industry, accelerating 15%. And
WFM will keep its dominant position as it is doing an outstanding job in
containing its costs, managing its inventory and ramping up performance. Costco
(NASDAQ: COST ) is basically a cult for thrifty shoppers not just in regards to
electronics but to big cuts of meat and packaged foods. With retail sales
picking up, I expect Costco will sell more high-end products that will pad its
operating margins. For example, at my last visit to Costco, there were many
filet mignon roasts available at approximately $90 apiece for holiday meals, as
well as lobster tails and other expensive food items. And, COST will get a new
CEO with Craig Jelinek taking the reins from Jim Sinegal. I don't see any
potential problems with the transition or the future prospects of COST shares.
Biogen Is in the Right Place at the Right Time
Investing in the biopharmaceutical sector is a little like shooting a Class V
rapid an exhilarating test of will and skill aimed at taming the violent
currents that crush weaker souls. Unless, of course, your alignment and timing
are a wee bit off, or your kayak flips and slams you into a boulder. When
investing in bleeding-edge sectors like this one, success and survival often
depend on how well the company's products align with critical needs, timing to
the market and the quality of your kayak a.k.a. the company's fundamentals.
Using that criteria, Weston, Mass.-based Biogen Idec (NASDAQ: BIIB ) is one
biopharmaceutical company that shows a lot of promise for investors. BIIB, along
with competitors like Pfizer (NYSE: PFE ), Amgen (NASDAQ: AMGN ), TEVA
Pharmaceuticals (NASDAQ: TEVA ), Life Technologies (NASDAQ: LIFE ), Novartis
(NYSE: NVS ) and privately held Genentech , use living organisms like bacteria
or proteins to create breakthrough treatments for intractable diseases. But
because the run from discovery to development to trials to approval is long and
expensive, unexpected hazards can pop up at any point along the way. That means
the potential risks of investing in these companies are as great as the possible
rewards. So, how does Biogen stack up when it comes to those three critical
factors of alignment, timing and fundamentals? Product alignment. Biogen
develops, manufactures and markets living organism-based treatments for some of
the most difficult and perplexing diseases, including multiple sclerosis (MS),
non-Hodgkin's lymphoma, rheumatoid arthritis and Crohn's Disease. Perhaps
Biogen's most promising new therapy is its experimental MS pill BG-12, which
if approved would compete head-to-head with the first orally administered drug,
Novartis' Gilenya. In a recent late-stage clinical trial, researchers found
BG-12 reduced MS patients' relapse rate by 44% when given twice a day and 51%
when given three times a day. The drug also reduced progression of the disease,
which causes debilitating nerve damage and can lead to blindness or paralysis,
by as much as 24%. This is a huge deal for BIIB, which already produces the MS
injection Avonex and IV-delivered Tysabri. Market timing . The arrival of
Biogen's oral MS drug could hardly be better timed. One year after Novartis'
Gilenya hit the market, the buzz has hushed to a whisper as current prescribers
have grown frustrated with the lack of post-marketing safety data and rigorous
monitoring requirements, according a report released this week by the research
firm, BioTrends . In an even bigger setback for Novartis earlier this week,
Gilenya failed for the second time to prove to the UK's health-cost agency
that the drug with an annual price tag of more than $30,000 is cost effective
compared to existing therapies. While one drug's loss is not always a direct
competitor's gain, Biogens BG-12 looks to win big from Gilenya's stumble. A
survey released this week by pharmaceutical research firm Decision Resources
found that 74% of surveyed neurologists in the U.S. plan to prescribe Biogen's
BG-12, citing effectiveness, safety and relatively few side effects as reasons
for their preference. The survey also found that only about one-third of Gilenya
prescribers and one-fourth of payers believe the Novartis drug's annual cost
"is commensurate with its clinical value." Fundamentals. On Oct. 28, Biogen
reported quarterly earnings of $1.61 per share on $1.3 billion in sales beating
Wall Street estimates of $1.53 on the same revenue. At $116.40 a share, Biogen
is trading more than 81% above its 52-week low of $64.28 in January. With a
market cap of $28.2 billion, BIIB has a price/earnings-to-growth (PEG) ratio of
1.75, indicating that the stock may be overvalued. The company has total debt of
about $1 billion and total cash of $1.5 billion. BIIB has a one-year return of
more than 78%. Bottom line: Like Class V rapids, the biopharma sector is
hardcore whitewater. Nevertheless, companies that have the right products at the
right time and whose fundamentals are solid enough to support continued growth
and development through the arduous drug development pipeline offer investors
an invigorating (and potentially profitable) ride. BIIB is bringing valuable
products to the market at the right time and its solid fundamentals give it a
good chance at shooting the rapids successfully. As of this writing, Susan J.
Aluise did not hold a position in any of the stocks named here.
rapid an exhilarating test of will and skill aimed at taming the violent
currents that crush weaker souls. Unless, of course, your alignment and timing
are a wee bit off, or your kayak flips and slams you into a boulder. When
investing in bleeding-edge sectors like this one, success and survival often
depend on how well the company's products align with critical needs, timing to
the market and the quality of your kayak a.k.a. the company's fundamentals.
Using that criteria, Weston, Mass.-based Biogen Idec (NASDAQ: BIIB ) is one
biopharmaceutical company that shows a lot of promise for investors. BIIB, along
with competitors like Pfizer (NYSE: PFE ), Amgen (NASDAQ: AMGN ), TEVA
Pharmaceuticals (NASDAQ: TEVA ), Life Technologies (NASDAQ: LIFE ), Novartis
(NYSE: NVS ) and privately held Genentech , use living organisms like bacteria
or proteins to create breakthrough treatments for intractable diseases. But
because the run from discovery to development to trials to approval is long and
expensive, unexpected hazards can pop up at any point along the way. That means
the potential risks of investing in these companies are as great as the possible
rewards. So, how does Biogen stack up when it comes to those three critical
factors of alignment, timing and fundamentals? Product alignment. Biogen
develops, manufactures and markets living organism-based treatments for some of
the most difficult and perplexing diseases, including multiple sclerosis (MS),
non-Hodgkin's lymphoma, rheumatoid arthritis and Crohn's Disease. Perhaps
Biogen's most promising new therapy is its experimental MS pill BG-12, which
if approved would compete head-to-head with the first orally administered drug,
Novartis' Gilenya. In a recent late-stage clinical trial, researchers found
BG-12 reduced MS patients' relapse rate by 44% when given twice a day and 51%
when given three times a day. The drug also reduced progression of the disease,
which causes debilitating nerve damage and can lead to blindness or paralysis,
by as much as 24%. This is a huge deal for BIIB, which already produces the MS
injection Avonex and IV-delivered Tysabri. Market timing . The arrival of
Biogen's oral MS drug could hardly be better timed. One year after Novartis'
Gilenya hit the market, the buzz has hushed to a whisper as current prescribers
have grown frustrated with the lack of post-marketing safety data and rigorous
monitoring requirements, according a report released this week by the research
firm, BioTrends . In an even bigger setback for Novartis earlier this week,
Gilenya failed for the second time to prove to the UK's health-cost agency
that the drug with an annual price tag of more than $30,000 is cost effective
compared to existing therapies. While one drug's loss is not always a direct
competitor's gain, Biogens BG-12 looks to win big from Gilenya's stumble. A
survey released this week by pharmaceutical research firm Decision Resources
found that 74% of surveyed neurologists in the U.S. plan to prescribe Biogen's
BG-12, citing effectiveness, safety and relatively few side effects as reasons
for their preference. The survey also found that only about one-third of Gilenya
prescribers and one-fourth of payers believe the Novartis drug's annual cost
"is commensurate with its clinical value." Fundamentals. On Oct. 28, Biogen
reported quarterly earnings of $1.61 per share on $1.3 billion in sales beating
Wall Street estimates of $1.53 on the same revenue. At $116.40 a share, Biogen
is trading more than 81% above its 52-week low of $64.28 in January. With a
market cap of $28.2 billion, BIIB has a price/earnings-to-growth (PEG) ratio of
1.75, indicating that the stock may be overvalued. The company has total debt of
about $1 billion and total cash of $1.5 billion. BIIB has a one-year return of
more than 78%. Bottom line: Like Class V rapids, the biopharma sector is
hardcore whitewater. Nevertheless, companies that have the right products at the
right time and whose fundamentals are solid enough to support continued growth
and development through the arduous drug development pipeline offer investors
an invigorating (and potentially profitable) ride. BIIB is bringing valuable
products to the market at the right time and its solid fundamentals give it a
good chance at shooting the rapids successfully. As of this writing, Susan J.
Aluise did not hold a position in any of the stocks named here.
Apple Inc. (NASDAQ:AAPL) Loses Government Boss
Apple Inc. (NASDAQ:AAPL) executive in charge of government sales has left the
company. Apple Inc. (NASDAQ:AAPL) Loses Government Boss According to people
familiar with the move, Ron Police, Apple Inc. (NASDAQ:AAPL)'s vice president
in charge of sales to the U.S. government, who helped get its devices into more
federal agencies, has left the company. He was in charge of the government sales
force since 2004 and left the company in October. Kristin Huguet, a spokeswoman
for Cupertino based Apple Inc. (NASDAQ:AAPL) has declined to comment on the
report. Apple Inc. (NASDAQ:AAPL) stocks are currently standing at 387.93. Price
History Last Price: 387.93 52 Week Low / High: 310.5 / 426.7 50 Day Moving
Average: 392.88 6 Month Price Change %: 7.3% 12 Month Price Change %: 17.8%
company. Apple Inc. (NASDAQ:AAPL) Loses Government Boss According to people
familiar with the move, Ron Police, Apple Inc. (NASDAQ:AAPL)'s vice president
in charge of sales to the U.S. government, who helped get its devices into more
federal agencies, has left the company. He was in charge of the government sales
force since 2004 and left the company in October. Kristin Huguet, a spokeswoman
for Cupertino based Apple Inc. (NASDAQ:AAPL) has declined to comment on the
report. Apple Inc. (NASDAQ:AAPL) stocks are currently standing at 387.93. Price
History Last Price: 387.93 52 Week Low / High: 310.5 / 426.7 50 Day Moving
Average: 392.88 6 Month Price Change %: 7.3% 12 Month Price Change %: 17.8%
Funding dearth means more gold consolidation, says Randgold's Bristow
Funding dearth means more gold consolidation, says Randgolds Bristow Creamer
Media's Mining Weekly - 1 hour ago TORONTO (miningweekly.com) – The Kibali
gold mine in the Democratic Republic of Congo (DRC) could expand to produce more
than 600 000 oz/y Randgold Resources, which jointly owns it with Africas ...
Media's Mining Weekly - 1 hour ago TORONTO (miningweekly.com) – The Kibali
gold mine in the Democratic Republic of Congo (DRC) could expand to produce more
than 600 000 oz/y Randgold Resources, which jointly owns it with Africas ...
HSBC Lifts 2012, 2013 Silver Forecasts
While many investment banks have raised their gold price forecasts in recent
months, few have turned as bullish on silver.
months, few have turned as bullish on silver.
Gold Futures Snap Two-Week Losing Skid With 3.9% Rally
Gold futures rose modestly on Friday, with the COMEX February 2012 contract
settling higher by $11.50, or 0.7%, at $1,751.30 per ounce. The yellow metal
initially climbed to an intra-day high of $1,767.10 per ounce following release
of the U.S. employment report, but pared its gains as trading progressed amid a
rebound in the U.S. dollar. George Gero, precious metals strategist at RBC
Capital Markets, wrote in a note to clients that Gold traders and investors seem
more optimistic about recovery, looking at jobs figures and euro-zone
pronouncements and stimulus, and more important, the inflationary aspects of
this. With its advance, gold futures extended their weekly gain to 3.9% and
snapped a two-week losing streak. Other precious metals rose considerably this
week as well.
settling higher by $11.50, or 0.7%, at $1,751.30 per ounce. The yellow metal
initially climbed to an intra-day high of $1,767.10 per ounce following release
of the U.S. employment report, but pared its gains as trading progressed amid a
rebound in the U.S. dollar. George Gero, precious metals strategist at RBC
Capital Markets, wrote in a note to clients that Gold traders and investors seem
more optimistic about recovery, looking at jobs figures and euro-zone
pronouncements and stimulus, and more important, the inflationary aspects of
this. With its advance, gold futures extended their weekly gain to 3.9% and
snapped a two-week losing streak. Other precious metals rose considerably this
week as well.
Top 10 NASDAQ Stocks with Highest Return on Assets: MNTA, JAZZ, PDLI, SSRI, CRUS, USMO, CPSI, CRWN, BIDU, CPTS (Dec 02, 2011)
Below are the top 10 stocks in the NASDAQ
Google Inc. (NASDAQ:GOOG) To Launch One-Day Delivery?
Google Inc. (NASDAQ:GOOG) has been in talks with a number of retailers to
launch a one-day delivery shopping service. Google Inc. (NASDAQ:GOOG) To Launch
One-Day Delivery? It has been reported that the search major Google Inc.
(NASDAQ:GOOG) is consulting with retailers and shippers to launch a new service
that will help online customers to receive their goods on the same-day or
next-day of purchase. The company would oversee the quick-shipping service,
although it wouldnt sell items directly. However, Google Inc. (NASDAQ:GOOG)
declined to comment on the particular report about the new service. Google Inc.
(NASDAQ:GOOG)'s vice president of commerce management Sameer Samat said, "We
have been in the business of connecting shoppers with merchants and the products
theyre interested in buying for a long time". Google Inc. (NASDAQ:GOOG) stocks
were at 613.77 at the end of the last days trading. Theres been a 7.8% movement
in the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst
Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.17 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.22 Zacks Rank: 2 out of 31 in the industry
launch a one-day delivery shopping service. Google Inc. (NASDAQ:GOOG) To Launch
One-Day Delivery? It has been reported that the search major Google Inc.
(NASDAQ:GOOG) is consulting with retailers and shippers to launch a new service
that will help online customers to receive their goods on the same-day or
next-day of purchase. The company would oversee the quick-shipping service,
although it wouldnt sell items directly. However, Google Inc. (NASDAQ:GOOG)
declined to comment on the particular report about the new service. Google Inc.
(NASDAQ:GOOG)'s vice president of commerce management Sameer Samat said, "We
have been in the business of connecting shoppers with merchants and the products
theyre interested in buying for a long time". Google Inc. (NASDAQ:GOOG) stocks
were at 613.77 at the end of the last days trading. Theres been a 7.8% movement
in the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst
Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.17 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.22 Zacks Rank: 2 out of 31 in the industry
Gold Shares Slide, Markets Pare Gains as Jobs Report Digested
Gold shares turned sharply lower Friday following the November non-farm
payrolls report, with the AMEX Gold Bugs Index (HUI) sliding 2.5% to 570.02 in
afternoon trading. Notable decliners included Eldorado Gold (EGO), Goldcorp
(GG), and Kinross Gold (KGC).
payrolls report, with the AMEX Gold Bugs Index (HUI) sliding 2.5% to 570.02 in
afternoon trading. Notable decliners included Eldorado Gold (EGO), Goldcorp
(GG), and Kinross Gold (KGC).
What’s So Special About Special Dividends?
On Thursday, Limited Brands (NYSE: LTD ), the parent of such high-profile
retail properties as Victoria's Secret and Bath & Body Works, announced a
vibrant 7% increase in same-store sales for November. The real news that day,
however, was the company's announcement that it would pay shareholders a
"special" $2 per share dividend. But just what is a special dividend, and
what does it mean for the markets? Simply defined, special dividends are
one-time payments that a company makes without any commitment to continue paying
dividends on a regular basis. They differ from "regular" dividends, which
are those paid usually on a quarterly basis. So, why would a company pay a
special dividend? The chief reason is that they want to retain investors and
make shareholders happy. A special dividend is a great way to create goodwill
among current and potential shareholders. It's also a way for a company to
generate positive headlines. For some firms, the goodwill and good PR can be
more valuable than just holding on to pathetically low-paying cash deposits, and
apparently Limited fits this bill. Another high-profile company that recently
announced a special dividend is casino operator Wynn Resorts (NASDAQ: WYNN ).
CEO Steve Wynn certainly knows how to generate goodwill and good PR, and the
announcement in early November that WYNN shareholders would receive a $5 per
share special dividend once again proved his acumen at the helm of the company.
Other high-profile names announcing special dividends this year include Internet
services firm VeriSign (NASDAQ: VRSN ), transportation and logistics firm Werner
Enterprises (NASDAQ: WERN ) and electronics direct marketer PC Connection
(NASDAQ: PCCC ). Sometimes, a company will offer a special dividend in the form
of ownership in a spinoff company. Such was the case with oil giant Sunoco
(NYSE: SUN ), which on Thursday declared a special stock dividend to its
shareholders for its stake in coke producer SunCoke Energy (NYSE: SXC ). In
Sunoco's case, the special dividend was part of a divestiture plan, which is
another reason why companies sometimes go the special route. The rub with
special dividends is that you never know when a company is going to decide to
pay them out. That makes buying a stock in anticipation of a special dividend
nearly impossible. However, if you do own a stock on the basis of sound
fundamentals and sound technicals, and that company decides to pay a special
dividend, then that's likely going to keep you smiling and that's the chief
reason why special dividends are a great tool for generating goodwill, and good
PR. Disclosure: At the time of publication, Jim Woods held no positions in any
of the stocks mentioned in this article.
retail properties as Victoria's Secret and Bath & Body Works, announced a
vibrant 7% increase in same-store sales for November. The real news that day,
however, was the company's announcement that it would pay shareholders a
"special" $2 per share dividend. But just what is a special dividend, and
what does it mean for the markets? Simply defined, special dividends are
one-time payments that a company makes without any commitment to continue paying
dividends on a regular basis. They differ from "regular" dividends, which
are those paid usually on a quarterly basis. So, why would a company pay a
special dividend? The chief reason is that they want to retain investors and
make shareholders happy. A special dividend is a great way to create goodwill
among current and potential shareholders. It's also a way for a company to
generate positive headlines. For some firms, the goodwill and good PR can be
more valuable than just holding on to pathetically low-paying cash deposits, and
apparently Limited fits this bill. Another high-profile company that recently
announced a special dividend is casino operator Wynn Resorts (NASDAQ: WYNN ).
CEO Steve Wynn certainly knows how to generate goodwill and good PR, and the
announcement in early November that WYNN shareholders would receive a $5 per
share special dividend once again proved his acumen at the helm of the company.
Other high-profile names announcing special dividends this year include Internet
services firm VeriSign (NASDAQ: VRSN ), transportation and logistics firm Werner
Enterprises (NASDAQ: WERN ) and electronics direct marketer PC Connection
(NASDAQ: PCCC ). Sometimes, a company will offer a special dividend in the form
of ownership in a spinoff company. Such was the case with oil giant Sunoco
(NYSE: SUN ), which on Thursday declared a special stock dividend to its
shareholders for its stake in coke producer SunCoke Energy (NYSE: SXC ). In
Sunoco's case, the special dividend was part of a divestiture plan, which is
another reason why companies sometimes go the special route. The rub with
special dividends is that you never know when a company is going to decide to
pay them out. That makes buying a stock in anticipation of a special dividend
nearly impossible. However, if you do own a stock on the basis of sound
fundamentals and sound technicals, and that company decides to pay a special
dividend, then that's likely going to keep you smiling and that's the chief
reason why special dividends are a great tool for generating goodwill, and good
PR. Disclosure: At the time of publication, Jim Woods held no positions in any
of the stocks mentioned in this article.
Stock Investors Sell Off Shares of Randgold Resources, Down 2.4%
Stock Investors Sell Off Shares of Randgold Resources, Down 2.4% Financial News
Network Online - 1 hour ago Down 2.4% to $104.29, Randgold Resources
(NASDAQ:GOLD), is one of todays notable movers. The S&P is trading higher by
0.5% to 1,251 and the Dow is trading 0.3% higher to 12,059. Randgold ...
Network Online - 1 hour ago Down 2.4% to $104.29, Randgold Resources
(NASDAQ:GOLD), is one of todays notable movers. The S&P is trading higher by
0.5% to 1,251 and the Dow is trading 0.3% higher to 12,059. Randgold ...
Top 10 NASDAQ-100 Stocks with Highest Return on Assets: BIDU, LLTC, PCLN, AAPL, MSFT, RIMM, INFY, GILD, ALTR, FAST (Dec 02, 2011)
Below are the top 10 stocks in the NASDAQ-100 index
Todays Dow Jones Industrial Average Index DJX DJI, Nasdaq, S&P 500 Stock Market Investing News Today Mid-Day
The primary stock indices finished the last trading session mixed as the blue
chips could not sustain the momentum that built Wednesday. News that central
banks around the globe would work together to boosts the global economy was
positive, but the relative crisis that continues to play out in the eurozone
remains a heavy burden for investors and stocks to absorb. That being said,
stocks are doing very well this week in the U.S. and are working towards their
best weekly gains in several years. The positive action was observed again this
morning. Primary eurozone indicators were sharply higher at this point. Futures
in the U.S. were positive as well. Stock futures for the Dow Jones, Nasdaq, and
S&P 500 were green across the board prior to opening bell this morning. Stocks
were set for the positive open on this last day of trading this week. As the
session reached the mid-day mark indices wee climbing. The positively skewed
jobs data was key today. The jobless rate dropped from 9 percent to 8.6 percent.
As mid-day, the Dow Jones Industrial Average was higher by .31 percent at
12,057.30. The Nasdaq was higher by .46 percent at 2,638.29 and the S& 500 was
higher by .45 percent at 1,250.19. Frank Matto
chips could not sustain the momentum that built Wednesday. News that central
banks around the globe would work together to boosts the global economy was
positive, but the relative crisis that continues to play out in the eurozone
remains a heavy burden for investors and stocks to absorb. That being said,
stocks are doing very well this week in the U.S. and are working towards their
best weekly gains in several years. The positive action was observed again this
morning. Primary eurozone indicators were sharply higher at this point. Futures
in the U.S. were positive as well. Stock futures for the Dow Jones, Nasdaq, and
S&P 500 were green across the board prior to opening bell this morning. Stocks
were set for the positive open on this last day of trading this week. As the
session reached the mid-day mark indices wee climbing. The positively skewed
jobs data was key today. The jobless rate dropped from 9 percent to 8.6 percent.
As mid-day, the Dow Jones Industrial Average was higher by .31 percent at
12,057.30. The Nasdaq was higher by .46 percent at 2,638.29 and the S& 500 was
higher by .45 percent at 1,250.19. Frank Matto
China’s Gold Investment Efforts Paying Big Dividends
Chinas efforts to encourage gold investment among its citizens have been
particularly successful over the past year. Data from the Hong Kong government
showed that China mainland imported approximately 140 tonnes of gold via Hong
Kong between July and September 2011, above the 120 tonnes imported during the
entire year of 2010, according to a report by
particularly successful over the past year. Data from the Hong Kong government
showed that China mainland imported approximately 140 tonnes of gold via Hong
Kong between July and September 2011, above the 120 tonnes imported during the
entire year of 2010, according to a report by
Unemployment Report, ECB News Keeps Gold, Silver Buoyant
The Labor Departments unexpectedly strong employment report for November sent
stock markets, gold and silver up for a third consecutive morning. The
short-term reversal remains on tenuous ground, however, as euro zone leaders
have yet to agree on structural reforms that market participants see as strong
and lasting. Spot gold was up more than 0.15%, with a bid price of $1,748.20 and
an ask price of $1,749.20 at 10 a.m., having traded as high as $1,764.40 and as
low as $1,744.20. The London morning reference price fixing came in at $1,751,
according to Kitco market data . Spot silver was up more than 1.7%, bid at
$33.30 with an ask price of $33.40. The morning high at time of writing was
$33.81, and the low was $32.90. Mondays reference price was set at $33.15 in the
London a.m. The U.S. unemployment rate fell to 8.6%, its lowest level in
two-and-a-half years in November. Employers added 120,000 jobs in November,
while employment was revised upwards for September and October as well. Hiring
picked up, but part of the decline in the headline jobless rate was due to more
workers giving up on looking for work. Meeting in Brussels, euro zone finance
ministers agreed to work up a plan that would add as much as 200 billion euros
(~$270 billion) to the funds the European Central Bank can use to stem the rise
in eurozone government bond yields. Gold and silver trusts were moving higher.
The SPDR Gold Trust (NYSE: GLD ) was showing gains of more than 0.3%. The
iShares Gold Trust (NYSE: IAU ) was up more than 0.2%. The iShares Silver Trust
(NYSE: SLV ) was moving higher, showing gains of some 1.5%. The junior gold and
silver mining ETFs were higher, but the Market Vectors Gold Miners ETF was
lower. The Market Vectors Gold Miners ETF (NYSE: GDX ) was down more than 0.5%.
The Market Vectors Junior Gold Miners ETF (NYSE: GDXJ ) was higher, up around
1.4%. The Global X Silver Miners ETF (NYSE: SIL ) was up nearly 1.2%. Gold
mining shares were moving lower. Agnico-Eagle Mines (NYSE: AEM ) was showing
losses of some 1.5%. Barrick Gold (NYSE: ABX ) was around 0.75% lower. Goldcorp
(NYSE: GG ) was showing losses of 1.2%. Newmont Mining (NYSE: NEM ) was some
0.65% lower. NovaGold Resources (AMEX: NG ) was down around 0.8%. Silver mining
shares were a mixed bag. Coeur dAlene Mines (NYSE: CDE ) was between nearly 1.2%
higher. Hecla Mining (NYSE: HL ) was down 0.8%. Pan American Silver (NASDAQ:
PAAS ) was some 0.4% lower. Silver Wheaton (NYSE: SLW ) was up 0.65%. Silver
Standard Resources (NASDAQ: SSRI ) was up between 1.3% and 1.45%. As of this
writing, Andrew Burger did not own any of these stocks.
stock markets, gold and silver up for a third consecutive morning. The
short-term reversal remains on tenuous ground, however, as euro zone leaders
have yet to agree on structural reforms that market participants see as strong
and lasting. Spot gold was up more than 0.15%, with a bid price of $1,748.20 and
an ask price of $1,749.20 at 10 a.m., having traded as high as $1,764.40 and as
low as $1,744.20. The London morning reference price fixing came in at $1,751,
according to Kitco market data . Spot silver was up more than 1.7%, bid at
$33.30 with an ask price of $33.40. The morning high at time of writing was
$33.81, and the low was $32.90. Mondays reference price was set at $33.15 in the
London a.m. The U.S. unemployment rate fell to 8.6%, its lowest level in
two-and-a-half years in November. Employers added 120,000 jobs in November,
while employment was revised upwards for September and October as well. Hiring
picked up, but part of the decline in the headline jobless rate was due to more
workers giving up on looking for work. Meeting in Brussels, euro zone finance
ministers agreed to work up a plan that would add as much as 200 billion euros
(~$270 billion) to the funds the European Central Bank can use to stem the rise
in eurozone government bond yields. Gold and silver trusts were moving higher.
The SPDR Gold Trust (NYSE: GLD ) was showing gains of more than 0.3%. The
iShares Gold Trust (NYSE: IAU ) was up more than 0.2%. The iShares Silver Trust
(NYSE: SLV ) was moving higher, showing gains of some 1.5%. The junior gold and
silver mining ETFs were higher, but the Market Vectors Gold Miners ETF was
lower. The Market Vectors Gold Miners ETF (NYSE: GDX ) was down more than 0.5%.
The Market Vectors Junior Gold Miners ETF (NYSE: GDXJ ) was higher, up around
1.4%. The Global X Silver Miners ETF (NYSE: SIL ) was up nearly 1.2%. Gold
mining shares were moving lower. Agnico-Eagle Mines (NYSE: AEM ) was showing
losses of some 1.5%. Barrick Gold (NYSE: ABX ) was around 0.75% lower. Goldcorp
(NYSE: GG ) was showing losses of 1.2%. Newmont Mining (NYSE: NEM ) was some
0.65% lower. NovaGold Resources (AMEX: NG ) was down around 0.8%. Silver mining
shares were a mixed bag. Coeur dAlene Mines (NYSE: CDE ) was between nearly 1.2%
higher. Hecla Mining (NYSE: HL ) was down 0.8%. Pan American Silver (NASDAQ:
PAAS ) was some 0.4% lower. Silver Wheaton (NYSE: SLW ) was up 0.65%. Silver
Standard Resources (NASDAQ: SSRI ) was up between 1.3% and 1.45%. As of this
writing, Andrew Burger did not own any of these stocks.
Top 10 U.S.-Listed Chinese Stocks with Highest Return on Assets: BIDU, CYOU, SFUN, SPRD, NTES, NOAH, RDA, CEO, GAME, SOHU (Dec 02, 2011)
Below are the top 10 U.S.-listed Chinese stocks with highest Return on Assets
ratio (ROA) for the last 12 months. ROA shows a companys efficiency in making
profits from its assets. It is equal to net profits divided by total assets.
Baidu.com, Inc. (ADR) (NASDAQ:BIDU) has the 1st highest Return on Assets in this
segment of the market. Its ROA was 38.10% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.83 for the same period.
Changyou.com Limited(ADR) (NASDAQ:CYOU) has the 2nd highest Return on Assets in
this segment of the market. Its ROA was 33.36% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.66 for the same period. SouFun
Holdings Limited (ADR) (NYSE:SFUN) has the 3rd highest Return on Assets in this
segment of the market. Its ROA was 29.48% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.87 for the same period.
Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) has the 4th highest Return on
Assets in this segment of the market. Its ROA was 24.11% for the last 12 months.
Its Asset Turnover ratio (revenue divided by assets) was 1.13 for the same
period. NetEase.com, Inc. (ADR) (NASDAQ:NTES) has the 5th highest Return on
Assets in this segment of the market. Its ROA was 24.08% for the last 12 months.
Its Asset Turnover ratio (revenue divided by assets) was 0.54 for the same
period. Noah Holdings Limited (ADR) (NYSE:NOAH) has the 6th highest Return on
Assets in this segment of the market. Its ROA was 23.74% for the last 12 months.
Its Asset Turnover ratio (revenue divided by assets) was 0.69 for the same
period. Rda Microelectronics Inc (ADR) (NASDAQ:RDA) has the 7th highest Return
on Assets in this segment of the market. Its ROA was 23.32% for the last 12
months. Its Asset Turnover ratio (revenue divided by assets) was 1.64 for the
same period. CNOOC Limited (ADR) (NYSE:CEO) has the 8th highest Return on Assets
in this segment of the market. Its ROA was 20.98% for the last 12 months. Its
Asset Turnover ratio (revenue divided by assets) was 0.69 for the same period.
Shanda Games Limited(ADR) (NASDAQ:GAME) has the 9th highest Return on Assets in
this segment of the market. Its ROA was 19.39% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.73 for the same period.
Sohu.com Inc. (NASDAQ:SOHU) has the 10th highest Return on Assets in this
segment of the market. Its ROA was 18.39% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.60 for the same period.
ratio (ROA) for the last 12 months. ROA shows a companys efficiency in making
profits from its assets. It is equal to net profits divided by total assets.
Baidu.com, Inc. (ADR) (NASDAQ:BIDU) has the 1st highest Return on Assets in this
segment of the market. Its ROA was 38.10% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.83 for the same period.
Changyou.com Limited(ADR) (NASDAQ:CYOU) has the 2nd highest Return on Assets in
this segment of the market. Its ROA was 33.36% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.66 for the same period. SouFun
Holdings Limited (ADR) (NYSE:SFUN) has the 3rd highest Return on Assets in this
segment of the market. Its ROA was 29.48% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.87 for the same period.
Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) has the 4th highest Return on
Assets in this segment of the market. Its ROA was 24.11% for the last 12 months.
Its Asset Turnover ratio (revenue divided by assets) was 1.13 for the same
period. NetEase.com, Inc. (ADR) (NASDAQ:NTES) has the 5th highest Return on
Assets in this segment of the market. Its ROA was 24.08% for the last 12 months.
Its Asset Turnover ratio (revenue divided by assets) was 0.54 for the same
period. Noah Holdings Limited (ADR) (NYSE:NOAH) has the 6th highest Return on
Assets in this segment of the market. Its ROA was 23.74% for the last 12 months.
Its Asset Turnover ratio (revenue divided by assets) was 0.69 for the same
period. Rda Microelectronics Inc (ADR) (NASDAQ:RDA) has the 7th highest Return
on Assets in this segment of the market. Its ROA was 23.32% for the last 12
months. Its Asset Turnover ratio (revenue divided by assets) was 1.64 for the
same period. CNOOC Limited (ADR) (NYSE:CEO) has the 8th highest Return on Assets
in this segment of the market. Its ROA was 20.98% for the last 12 months. Its
Asset Turnover ratio (revenue divided by assets) was 0.69 for the same period.
Shanda Games Limited(ADR) (NASDAQ:GAME) has the 9th highest Return on Assets in
this segment of the market. Its ROA was 19.39% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.73 for the same period.
Sohu.com Inc. (NASDAQ:SOHU) has the 10th highest Return on Assets in this
segment of the market. Its ROA was 18.39% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.60 for the same period.
Friday Apple Rumors: Apple Will Drop Carrier IQ Snooping Software
Here is your daily Apple stock news and rumors for Friday. Apple Admits to
Using Carrier IQ User Info Gathering Tech in iPhone: Earlier this year Apple
(NASDAQ: AAPL ) came under fire for logging information about its iPhone users,
including GPS-based location and personal information. Apple claimed at the time
that this data was recorded accidentally. It turns out that up until just
recently, Apple was using technology that recorded users personal information
intentionally. According to a Wednesday report at Tech Crunch , developer Trevor
Eckhart discovered that Google (NASDAQ: GOOG ) Android phones used on Sprint s
(NYSE: S ) network were using Carrier IQ, a type of data-collecting software
used mostly by telecoms for tracking just the sort of user information Apple was
blasted for collecting. On Thursday though, Apple released a statement to All
Things Digital that it too used Carrier IQ in its iPhone operating system iOS .
Apple said that though it used Carrier IQ, it never used the software to record
users personal information like text messages or keystrokes, but just for
diagnosing potential technical problems with phones. Apple also said that it has
stopped supporting Carrier IQ with the most recent version of iOS and that the
technology will be removed from iPhones completely in an upcoming update. Nokia
Loses More Than Half Its Home Country Mobile Support in 2011: Giga OM reported
on Friday that though Nokia (NYSE: NOK ) has received some decent press in
recent weeks, thanks to its new Microsoft (NASDAQ: MSFT ) phones, times are
grimmer than theyve ever been for the Finnish phone maker. Its actually Finland
that shows just how rough things have gotten for Nokia. New data from research
firm IDC shows that Nokias share of the mobile market in its home country of
Finland was just 31% in the third quarter of 2011 . Thats down from 76% during
the same period in 2010. Where has the companys market share gone? To Samsung
and Apple. RIM Takes $485 Million Charge on Unsold PlayBooks: Research In Motion
(NASDAQ: RIMM ) didnt make much of a dent against Apples iPad business when it
released its BlackBerry PlayBook tablet earlier this year. Whereas Apple sold 11
million tablets during the third quarter, RIM has sold just 900,000 PlayBooks in
the three quarters since it released. Those low sales have led to a massive
stock of unsold PlayBooks among retailers. That inventory is now, according to a
Friday report at Apple Insider , costing RIM $485 million . At the same time
that the company revealed its inventory charge woes to investors, it also
lowered guidance for its fiscal 2012 earnings. RIM no longer believes that it
will deliver EPS between $5.25 and $6. As of this writing, Anthony John Agnello
did not own a position in any of the stocks named here. Follow him on Twitter
at
Using Carrier IQ User Info Gathering Tech in iPhone: Earlier this year Apple
(NASDAQ: AAPL ) came under fire for logging information about its iPhone users,
including GPS-based location and personal information. Apple claimed at the time
that this data was recorded accidentally. It turns out that up until just
recently, Apple was using technology that recorded users personal information
intentionally. According to a Wednesday report at Tech Crunch , developer Trevor
Eckhart discovered that Google (NASDAQ: GOOG ) Android phones used on Sprint s
(NYSE: S ) network were using Carrier IQ, a type of data-collecting software
used mostly by telecoms for tracking just the sort of user information Apple was
blasted for collecting. On Thursday though, Apple released a statement to All
Things Digital that it too used Carrier IQ in its iPhone operating system iOS .
Apple said that though it used Carrier IQ, it never used the software to record
users personal information like text messages or keystrokes, but just for
diagnosing potential technical problems with phones. Apple also said that it has
stopped supporting Carrier IQ with the most recent version of iOS and that the
technology will be removed from iPhones completely in an upcoming update. Nokia
Loses More Than Half Its Home Country Mobile Support in 2011: Giga OM reported
on Friday that though Nokia (NYSE: NOK ) has received some decent press in
recent weeks, thanks to its new Microsoft (NASDAQ: MSFT ) phones, times are
grimmer than theyve ever been for the Finnish phone maker. Its actually Finland
that shows just how rough things have gotten for Nokia. New data from research
firm IDC shows that Nokias share of the mobile market in its home country of
Finland was just 31% in the third quarter of 2011 . Thats down from 76% during
the same period in 2010. Where has the companys market share gone? To Samsung
and Apple. RIM Takes $485 Million Charge on Unsold PlayBooks: Research In Motion
(NASDAQ: RIMM ) didnt make much of a dent against Apples iPad business when it
released its BlackBerry PlayBook tablet earlier this year. Whereas Apple sold 11
million tablets during the third quarter, RIM has sold just 900,000 PlayBooks in
the three quarters since it released. Those low sales have led to a massive
stock of unsold PlayBooks among retailers. That inventory is now, according to a
Friday report at Apple Insider , costing RIM $485 million . At the same time
that the company revealed its inventory charge woes to investors, it also
lowered guidance for its fiscal 2012 earnings. RIM no longer believes that it
will deliver EPS between $5.25 and $6. As of this writing, Anthony John Agnello
did not own a position in any of the stocks named here. Follow him on Twitter
at
Todays Gold price per ounce Spot gold price per gram; Silver price per ounce; Gold Silver Prices Mid-Day Today
Gold and silver contract prices closed out in negative territory last session.
Gold contract for February delivery finished red by 10.50 at 1739.80 per troy
ounce and silver contract for March delivery finished lower by .05 at 32.76 per
troy ounce. Prior to opening bell this morning, spot gold price per gram and
spot silver price per ounce trend-line movement pushed positively however. One
month change status for Gold is now positive by approximately 1.8 percent and
the one month change status for silver price is tracking higher and approaching
break-even. Positive action today could push the one month change status for
both gold and silver into the green. Support for gold and silver could initiate
via the observed dollar trends yesterday. The U.S. dollar dropped .2 percent
against a basket of foreign currencies and the euro advanced .2 percent against
the dollar. A stronger euro could equal increased precious metal purchasing. As
the trading session reached the mid-day mark, gold and silver contract prices
were in the green. Gold for February delivery was higher by .62 percent at
1750.50 per troy ounce. Silver for March delivery was higher by .09 percent at
32.79 per troy ounce. Spot gold price per gram was trending higher at this point
as well by .30 at 56.09. Camillo Zucari
Gold contract for February delivery finished red by 10.50 at 1739.80 per troy
ounce and silver contract for March delivery finished lower by .05 at 32.76 per
troy ounce. Prior to opening bell this morning, spot gold price per gram and
spot silver price per ounce trend-line movement pushed positively however. One
month change status for Gold is now positive by approximately 1.8 percent and
the one month change status for silver price is tracking higher and approaching
break-even. Positive action today could push the one month change status for
both gold and silver into the green. Support for gold and silver could initiate
via the observed dollar trends yesterday. The U.S. dollar dropped .2 percent
against a basket of foreign currencies and the euro advanced .2 percent against
the dollar. A stronger euro could equal increased precious metal purchasing. As
the trading session reached the mid-day mark, gold and silver contract prices
were in the green. Gold for February delivery was higher by .62 percent at
1750.50 per troy ounce. Silver for March delivery was higher by .09 percent at
32.79 per troy ounce. Spot gold price per gram was trending higher at this point
as well by .30 at 56.09. Camillo Zucari
GOP Leadership Throws Real ‘Job Creators’ Under the Bus
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace The newly unveiled GOP plan to pay for the payroll tax break next year includes forbidding super-high earners from collecting unemployment benefits and food stamps. Let's presume, as Senate Majority Leader Harry Reid, D-Nev., has, that this is not a serious proposal. Other factions of the Republican Party are beginning to acknowledge the possibility of a millionaire surtax. Republicans finally are conceding that allowing the payroll tax cut to expire would be politically disastrous in an election year. Now the debate shifts to how to cover the $120 billion it is estimated to cost. Democrats want to impose a surtax of 3.5% on annual incomes that exceed $1 million. Mitch McConnell, R-Ky., rolled out his plan yesterday to cover the extension: Slash the federal work force by 10% and freeze its pay through 2015; forbid the $1 million-per-year club from collecting unemployment and food stamps; and force the super-rich over-65 crowd to pay more of their Medicare premiums. Not surprisingly, 92% of these projected savings are going to come on the backs of federal workers, not millionaires. While the GOP has been almost completely united in its opposition to any new taxes at all and would prefer to pay for the extension by cutting the federal work force, some dissension emerged this week in the Senate. Susan Collins, R-Maine, announced Wednesday that she supports raising taxes on millionaires to pay for another extension of the payroll tax cut. While she is known for breaking ranks frequently with the right wing of her party, Collins crafted her argument on GOP terms. Republicans have been horrified at the idea of taxing annual incomes of more than $1 million, a.k.a. "job creators.” They argue that many small-business owners would be affected by this new tax, hampering their ability to hire new workers. Collins, however, is calling their bluff by distinguishing between "active" and "passive" business income. Her analysis has concluded that it would be relatively simple to separate wealthy small-business owners, who actively manage their work, from the passive rich. While perhaps in theory separating out small-business owners who enjoy annual profits in excess of $1 million would meet the GOP's standard for not "punishing" job creators, it would add another level of complexity to the already enigmatic federal tax code. The more simple, efficient way to go about this is to acknowledge that the percentage of small-business owners who fall into this $1 million plus category is tiny . Both the Treasury Department and the Tax Policy Center have run the numbers and concluded that only 1% of individual business owners would be subject to a millionaire tax. It is hard to imagine that a 3.5% tax on income in excess of $1 million will create such a hardship for these businesses that they will not hire the appropriate amount of workers. After all, any business owner that is earning these unusually high profit margins clearly knows what he or she is doing and probably will be able to roll with a 3.5% punch. It's middle-class consumers who are the primary beneficiaries of the payroll tax cut and, arguably, the real job creators . If the Republican Party truly is pro-business, and not just pro-wealthy, it will tax the top 1% of business owners a little more to put money in the pockets of the 99%'s customers.
Toyota Motor Corporation (NYSE:TM) Sales Increase
XCSFDHG46767FHJHJF
tdp2664 E money daily Toyota Motor Corporation (NYSE:TM) has reported a 6.7% increase in November sales. Toyota Motor Corporation (NYSE:TM) Sales Increase The automaker Toyota Motor Corporation (NYSE:TM) has posted a 6.7% increase in its November US sales with a higher demand for new vehicles. This is the first gain for the automaker since April as it faced supply shortages due to March earthquake and Thai floods. Toyota Motor Corporation (NYSE:TM) US sales group vice president Bob Carter said, "Our growth is on the back of how Camry and Prius are performing in the market. We're confident our volumes and our share will recover throughout 2012". Toyota Motor Company (NYSE:TM) stocks were at 65.72 at the end of the last day’s trading. There’s been a -9.2% change in the stock price over the past 3 months. Toyota Motor Company (NYSE:TM) Analyst Advice Consensus Opinion: Hold Mean recommendation: 3 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 3 Zack’s Rank: 6 out of 12 in the industry
Microsoft Corporation (NASDAQ:MSFT) Launches New Network
XCSFDHG46767FHJHJF
tdp2664 E money daily Microsoft Corporation (NASDAQ:MSFT) has announced the launch of the new Eye on Earth network. Microsoft Corporation (NASDAQ:MSFT) Launches New Network Microsoft Corporation (NASDAQ:MSFT), along with the European Environment Agency (EEA) and Esri, have announced the launch of the Eye on Earth network. The Eye on Earth network is an online community for developing innovative services that map environmental parameters. The new cloud computing-based network provides a collaborative online service for enabling cloud-based environmental data sharing. The Eye on Earth network provides organizations with a security-enhanced central location for managing their geospatial environmental content. Rob Bernard, chief environmental strategist at Microsoft Corporation (NASDAQ:MSFT), said that, “With the launch of the new Eye on Earth network, citizens, governments and scientists now have easy-to-use, scalable platforms for collecting, sharing and visualizing the world’s critical environmental data. I am excited by the possibilities that technology provides to transform data into powerful, visual maps that everyone can interact with. The impact of projects such as Eye on Earth shows the potential that new types of partnerships and technology can yield”. Microsoft Corp. (NASDAQ:MSFT) stocks were at 25.28 at the end of the last day’s trading. There’s been a -5.3% change in the stock price over the past 3 months. Microsoft Corp. (NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.87 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.74 Zack’s Rank: 28 out of 89 in the industry
Futures Are Green! Updates For Friday December 2, 2011
XCSFDHG46767FHJHJF
tdp2664 Penny Stock Live So far December is looking good, let’s try had to keep it that way. U.S. stock futures posted sharp gains Friday, as Germany and France talked up prospects for tighter fiscal union in the euro zone, and the government reported nonfarm payrolls rose 120,000 in November, with the jobless rate falling to 8.6%. Right now most of my swing trades look good, here are my thoughts heading into today’s session. CEDC – picked this one up yesterday on a very bullish chart and improvements in Europe. Timing seemed perfect and it looked like a gap to $5 this morning for sure until the S&P 500 downgraded CEDC from a B to a B- about 30 minutes ago. Upgrades and downgrades are for long term outlook so they don’t matter to me but the timing of this one certainly isn’t my favorite here. Naturally it’s viewed negative which might ward off buyers and tempt others to sell out of fear. I’m pretty much even right now and I’ll hold the open to see how it plays out. COOL – nice add Wednesday at $2.74 and my goal is the $3.30 range on this one. I’m happy to be green here after being down $4,000 so I’ll look to keep it that way. The market is up and will probably stay up today so COOL should uptrend from here baring any unforeseen news hitting the stock or the market. HKN – gaping up here in the premarket a welcomed sign but possibly only temporary. My goal remains in the $3 – $4 range with a mental stop below $2.70 to $2.60. Hopefully Ledbed has some plans on this one still and we’ll see $4 soon. Time will tell, that’s for sure. LOCM – was up $3,000 Thursday but I’m trying to be patient here and make $10,000 which is why I held. This creeping action is definitely a good sign so long as it continues to head slightly higher or sideways. I’d like to make $.50 per share or better on this one and right now $2 is my defined stop area. The short interest is pretty big here at 11 days to cover and the last time it was like that it squeezed big on a Friday – maybe today is our day. USAT – so long as it holds $1 I’m in but I’d really like to see this one turn soon. Still nothing out of the company which is good and bad. I hate fluff PR’s so I’m happy not to see any of that but hopefully they have something good for us soon. I like their technology and have scored this one from down here before. A hold of $1 and I’ll continue to give the company time to work – a break of $1 and I’ll need to cut my losses. EK – nothing new to report here, boring trade. Hold $1.05 and I’m in, break $1.05 and I’m out. Goal at this point is even or better but I don’t plan on adding shares on the way up unless I feel really confident it’ll stick. Such as rumors of patent sales etc.
Gold Price Jumps After U.S. Jobs Data
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 GOLD PRICE NEWS – The gold price added to its gains Friday morning following the latest U.S. jobs data.
Microsoft Corporation (NASDAQ:MSFT) Launches New Network
Microsoft Corporation (NASDAQ:MSFT) has announced the launch of the new Eye on
Earth network. Microsoft Corporation (NASDAQ:MSFT) Launches New Network
Microsoft Corporation (NASDAQ:MSFT), along with the European Environment Agency
(EEA) and Esri, have announced the launch of the Eye on Earth network. The Eye
on Earth network is an online community for developing innovative services that
map environmental parameters. The new cloud computing-based network provides a
collaborative online service for enabling cloud-based environmental data
sharing. The Eye on Earth network provides organizations with a
security-enhanced central location for managing their geospatial environmental
content. Rob Bernard, chief environmental strategist at Microsoft Corporation
(NASDAQ:MSFT), said that, With the launch of the new Eye on Earth network,
citizens, governments and scientists now have easy-to-use, scalable platforms
for collecting, sharing and visualizing the worlds critical environmental data.
I am excited by the possibilities that technology provides to transform data
into powerful, visual maps that everyone can interact with. The impact of
projects such as Eye on Earth shows the potential that new types of partnerships
and technology can yield. Microsoft Corp. (NASDAQ:MSFT) stocks were at 25.28 at
the end of the last days trading. Theres been a -5.3% change in the stock price
over the past 3 months. Microsoft Corp. (NASDAQ:MSFT) Analyst Advice Consensus
Opinion: Moderate Buy Mean recommendation: 1.87 (1=Strong Buy, 5=Strong Sell) 3
Months Ago: 1.74 Zacks Rank: 28 out of 89 in the industry
Earth network. Microsoft Corporation (NASDAQ:MSFT) Launches New Network
Microsoft Corporation (NASDAQ:MSFT), along with the European Environment Agency
(EEA) and Esri, have announced the launch of the Eye on Earth network. The Eye
on Earth network is an online community for developing innovative services that
map environmental parameters. The new cloud computing-based network provides a
collaborative online service for enabling cloud-based environmental data
sharing. The Eye on Earth network provides organizations with a
security-enhanced central location for managing their geospatial environmental
content. Rob Bernard, chief environmental strategist at Microsoft Corporation
(NASDAQ:MSFT), said that, With the launch of the new Eye on Earth network,
citizens, governments and scientists now have easy-to-use, scalable platforms
for collecting, sharing and visualizing the worlds critical environmental data.
I am excited by the possibilities that technology provides to transform data
into powerful, visual maps that everyone can interact with. The impact of
projects such as Eye on Earth shows the potential that new types of partnerships
and technology can yield. Microsoft Corp. (NASDAQ:MSFT) stocks were at 25.28 at
the end of the last days trading. Theres been a -5.3% change in the stock price
over the past 3 months. Microsoft Corp. (NASDAQ:MSFT) Analyst Advice Consensus
Opinion: Moderate Buy Mean recommendation: 1.87 (1=Strong Buy, 5=Strong Sell) 3
Months Ago: 1.74 Zacks Rank: 28 out of 89 in the industry
Gold Price Jumps After U.S. Jobs Data
GOLD PRICE NEWS – The gold price added to its gains Friday morning
following the latest U.S. jobs data.
following the latest U.S. jobs data.
The 3 Worst Investments You Can Make
There should be a reality television series called "To Catch a Falling
Knife" in which some poor investor tries to buy a stock he thinks is being
sold off for no good reason and then we get to watch what happens as his hands
start bleeding. Sometimes stocks sell off for good reasons, and sometimes they
don't. In either event, the stocks most vulnerable to massive selloffs are the
momentum plays high-growth companies that suddenly get a stick in the eye when
their story changes. These three companies have sold off big-time from their
highs, all because of what I believe are fundamental issues surrounding their
core business models. Green Mountain Coffee Roasters Green Mountain Coffee
Roasters (NASDAQ: GMCR ) was ground for a single-day loss of $30 earlier in
November. Part of this drop was attributed to a disappointing fourth-quarter
report on revenues. The other issue, however, is an SEC investigation
surrounding the company's accounting. Now, I want to make it clear that this
doesn't mean anything improper is going on at Green Mountain. However, one
hedge fund manager, David Einhorn, has made the case that there is, the media
has taken hold of his thesis, and the stock has suffered. He's also pointed to
serious cash flow issues at the company. I can only speak to the disappointing
revenue numbers and cash flow. In the FY ending this past September, GMCR had
negative free cash flow of $283 million, which expanded from -$128 million in
2010 and -$10 million in 2009. This is a really bad sign in my view. Of even
greater concern is that even with Green Mountain stock down 50% from its highs,
only three insiders have purchased stock for a total of about 6,000 shares.
That's nothing, and it doesn't give me confidence. Einhorn also has a great
track record. I would stay far away from Green Mountain at this time. Netflix
Green Mountain might very well survive over the long term, but I don't think
such will be the case with Netflix (NASDAQ: NFLX ). I'm so sorry to write
this, because I love Netflix! However, my thesis is simple as to why it won't
survive. Streaming eventually will replace DVDs. The DVD model is such that
Netflix can buy a DVD and rent it as often as it wants. With streaming, it must
pay a license fee to stream the content, and that has proven to be very
expensive. Netflix has a cash problem . Its competitors current and future do
not. By that I mean Amazon (NASDAQ: AMZN ), Google (NASDAQ: GOOG ) and Apple
(NASDAQ: AAPL ), all of which have billions of cash and cash flow. I think
Netflix is a short , although I'd use a tight stop-loss given its volatility.
IMAX Finally, I have to put the stink eye on another product I love IMAX
(NASDAQ: IMAX ). I love seeing movies in real IMAX! IMAX is expanding its screen
count rapidly worldwide, which is great for the company and great for revenue.
But once all those screens get installed, they'll be relying primarily on
joint-venture revenue with the studios, in which IMAX gets a 10% to 15% cut of
the box office and concessions from its screens. The problem is that the secular
trend is for people to move away from watching movies and to enjoying other
types of entertainment. Every year this past decade, save 2009, gross volume of
ticket sales has dropped. Not every film is an Avatar or Harry Potter , and
Hollywood's content continues to disappoint. Throw in the fact that only
limited genres play on IMAX as in, the most expensive and therefore more
infrequent films and IMAX's long-term revenues will be limited. It's not a
short right now because there still are years of expansion ahead. But I would
not buy in ever. Sorry to be a downer, but if you hold these stocks, I'd get
out now before your coffee gets cold, your DVD player becomes a paperweight and
IMAX starts playing Bridesmaids. As of this writing, Lawrence Meyers did not
hold a position in any of the aforementioned stocks.
Knife" in which some poor investor tries to buy a stock he thinks is being
sold off for no good reason and then we get to watch what happens as his hands
start bleeding. Sometimes stocks sell off for good reasons, and sometimes they
don't. In either event, the stocks most vulnerable to massive selloffs are the
momentum plays high-growth companies that suddenly get a stick in the eye when
their story changes. These three companies have sold off big-time from their
highs, all because of what I believe are fundamental issues surrounding their
core business models. Green Mountain Coffee Roasters Green Mountain Coffee
Roasters (NASDAQ: GMCR ) was ground for a single-day loss of $30 earlier in
November. Part of this drop was attributed to a disappointing fourth-quarter
report on revenues. The other issue, however, is an SEC investigation
surrounding the company's accounting. Now, I want to make it clear that this
doesn't mean anything improper is going on at Green Mountain. However, one
hedge fund manager, David Einhorn, has made the case that there is, the media
has taken hold of his thesis, and the stock has suffered. He's also pointed to
serious cash flow issues at the company. I can only speak to the disappointing
revenue numbers and cash flow. In the FY ending this past September, GMCR had
negative free cash flow of $283 million, which expanded from -$128 million in
2010 and -$10 million in 2009. This is a really bad sign in my view. Of even
greater concern is that even with Green Mountain stock down 50% from its highs,
only three insiders have purchased stock for a total of about 6,000 shares.
That's nothing, and it doesn't give me confidence. Einhorn also has a great
track record. I would stay far away from Green Mountain at this time. Netflix
Green Mountain might very well survive over the long term, but I don't think
such will be the case with Netflix (NASDAQ: NFLX ). I'm so sorry to write
this, because I love Netflix! However, my thesis is simple as to why it won't
survive. Streaming eventually will replace DVDs. The DVD model is such that
Netflix can buy a DVD and rent it as often as it wants. With streaming, it must
pay a license fee to stream the content, and that has proven to be very
expensive. Netflix has a cash problem . Its competitors current and future do
not. By that I mean Amazon (NASDAQ: AMZN ), Google (NASDAQ: GOOG ) and Apple
(NASDAQ: AAPL ), all of which have billions of cash and cash flow. I think
Netflix is a short , although I'd use a tight stop-loss given its volatility.
IMAX Finally, I have to put the stink eye on another product I love IMAX
(NASDAQ: IMAX ). I love seeing movies in real IMAX! IMAX is expanding its screen
count rapidly worldwide, which is great for the company and great for revenue.
But once all those screens get installed, they'll be relying primarily on
joint-venture revenue with the studios, in which IMAX gets a 10% to 15% cut of
the box office and concessions from its screens. The problem is that the secular
trend is for people to move away from watching movies and to enjoying other
types of entertainment. Every year this past decade, save 2009, gross volume of
ticket sales has dropped. Not every film is an Avatar or Harry Potter , and
Hollywood's content continues to disappoint. Throw in the fact that only
limited genres play on IMAX as in, the most expensive and therefore more
infrequent films and IMAX's long-term revenues will be limited. It's not a
short right now because there still are years of expansion ahead. But I would
not buy in ever. Sorry to be a downer, but if you hold these stocks, I'd get
out now before your coffee gets cold, your DVD player becomes a paperweight and
IMAX starts playing Bridesmaids. As of this writing, Lawrence Meyers did not
hold a position in any of the aforementioned stocks.
Gold & Silver Prices – Daily Outlook December 2
Gold and silver prices started off the month of December with light changes as
they have moderately declined after they had finished November. Today, the U.S.
non-farm payroll will be published and the Canada Employment Report. Currently,
gold and silver are traded up.
they have moderately declined after they had finished November. Today, the U.S.
non-farm payroll will be published and the Canada Employment Report. Currently,
gold and silver are traded up.
Are You a Billionaire or Billionaire Wannabe? Here is Your Christmas List
XCSFDHG46767FHJHJF
dow2664 If you are a billionaire, or a millionaire, or even just aspiring wealth, there is a list for you of items that you need to add to your Christmas list . The BillionairesLife.com 2011 Christmas List includes such items as the Sky Moon Tourbillon 5002 P watch, a dunhill of London Biometric Wallet, an island, and a solid gold car. There is even a bed that floats in the air.
Gold and Silver Started December Slipping –Recap December 1
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Major commodities stared December with light changes; after the sharp gains most commodities had on November 30th, they had shifted mainly to red: Gold and silver prices slightly slipped. Crude oil prices also slightly declined. Natural gas spot price (Henry Hub) started the month falling as well.
Top Oversold U.S.-Listed Chinese Stocks (Dec 01, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the latest oversold U.S.-listed Chinese stocks. Many of them are likely to rebound in the next trading day. Huaneng Power International, Inc. (ADR) (NYSE:HNP) is the most oversold U.S.-listed Chinese stock on Dec. 01. It was down 5.7% on the day. HNP's upside potential is 16.2% based on brokerage analysts' average target price of $23.32. It is trading at 83.8% of its 52-week high of $23.94, and 29.9% above its 52-week low of $15.45. ReneSola Ltd. (ADR) (NYSE:SOL) is the second most oversold U.S.-listed Chinese stock on Dec. 01. It was down 4.5% on the day. SOL's upside potential is 49.8% based on brokerage analysts' average target price of $2.86. It is trading at 14.4% of its 52-week high of $13.25, and 30.8% above its 52-week low of $1.46. 21Vianet Group Inc (NASDAQ:VNET) is the third most oversold U.S.-listed Chinese stock on Dec. 01. It was down 4.0% on the day. VNET's upside potential is 88.9% based on brokerage analysts' average target price of $17.89. It is trading at 42.4% of its 52-week high of $22.33, and 14.0% above its 52-week low of $8.31. TAL Education Group (ADR) (NYSE:XRS) is the fourth most oversold U.S.-listed Chinese stock on Dec. 01. It was down 3.8% on the day. XRS's upside potential is 56.8% based on brokerage analysts' average target price of $15.43. It is trading at 58.0% of its 52-week high of $16.97, and 17.0% above its 52-week low of $8.41. Noah Holdings Limited (ADR) (NYSE:NOAH) is the fifth most oversold U.S.-listed Chinese stock on Dec. 01. It was down 2.7% on the day. NOAH's upside potential is 145.0% based on brokerage analysts' average target price of $19.96. It is trading at 39.6% of its 52-week high of $20.58, and 24.2% above its 52-week low of $6.56. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the sixth most oversold U.S.-listed Chinese stock on Dec. 01. It was down 2.5% on the day. CTRP's upside potential is 67.0% based on brokerage analysts' average target price of $44.30. It is trading at 52.4% of its 52-week high of $50.57, and 12.6% above its 52-week low of $23.56. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the seventh most oversold U.S.-listed Chinese stock on Dec. 01. It was down 2.4% on the day. ISS's upside potential is 98.6% based on brokerage analysts' average target price of $17.20. It is trading at 38.3% of its 52-week high of $22.63, and 53.0% above its 52-week low of $5.66. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the eighth most oversold U.S.-listed Chinese stock on Dec. 01. It was down 2.3% on the day. WX's upside potential is 58.2% based on brokerage analysts' average target price of $18.54. It is trading at 61.4% of its 52-week high of $19.10, and 7.0% above its 52-week low of $10.95. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the ninth most oversold U.S.-listed Chinese stock on Dec. 01. It was down 2.0% on the day. STP's upside potential is 82.4% based on brokerage analysts' average target price of $4.43. It is trading at 22.4% of its 52-week high of $10.83, and 42.9% above its 52-week low of $1.70. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is the 10th most oversold U.S.-listed Chinese stock on Dec. 01. It was down 1.9% on the day. EDU's upside potential is 42.6% based on brokerage analysts' average target price of $35.30. It is trading at 71.2% of its 52-week high of $34.77, and 20.1% above its 52-week low of $20.61. China Kanghui Holdings (ADR) (NYSE:KH) is the 11th most oversold U.S.-listed Chinese stock on Dec. 01. It was down 1.6% on the day. KH's upside potential is 65.0% based on brokerage analysts' average target price of $24.75. It is trading at 56.6% of its 52-week high of $26.50, and 7.9% above its 52-week low of $13.90. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is the 12th most oversold U.S.-listed Chinese stock on Dec. 01. It was down 1.5% on the day. EJ's upside potential is 83.8% based on brokerage analysts' average target price of $10.97. It is trading at 36.7% of its 52-week high of $16.25, and 19.4% above its 52-week low of $5.00. Trina Solar Limited (ADR) (NYSE:TSL) is the 13th most oversold U.S.-listed Chinese stock on Dec. 01. It was down 1.2% on the day. TSL's upside potential is 65.4% based on brokerage analysts' average target price of $13.07. It is trading at 25.4% of its 52-week high of $31.08, and 49.6% above its 52-week low of $5.28. Youku.com Inc (ADR) (NYSE:YOKU) is the 14th most oversold U.S.-listed Chinese stock on Dec. 01. It was down 1.2% on the day. YOKU's upside potential is 51.0% based on brokerage analysts' average target price of $29.14. It is trading at 27.6% of its 52-week high of $69.95, and 40.3% above its 52-week low of $13.76. Renren Inc (NYSE:RENN) is the 15th most oversold U.S.-listed Chinese stock on Dec. 01. It was down 1.1% on the day. RENN's upside potential is 108.2% based on brokerage analysts' average target price of $7.62. It is trading at 15.2% of its 52-week high of $24.00, and 8.3% above its 52-week low of $3.38. Seaspan Corporation (NYSE:SSW) is the 16th most oversold U.S.-listed Chinese stock on Dec. 01. It was down 1.0% on the day. SSW's upside potential is 73.6% based on brokerage analysts' average target price of $18.00. It is trading at 48.6% of its 52-week high of $21.33, and 1.6% above its 52-week low of $10.21. Simcere Pharmaceutical Group (ADR) (NYSE:SCR) is the 17th most oversold U.S.-listed Chinese stock on Dec. 01. It was down 0.9% on the day. SCR's upside potential is 34.9% based on brokerage analysts' average target price of $9.98. It is trading at 53.8% of its 52-week high of $13.75, and 3.4% above its 52-week low of $7.16. Shanda Games Limited(ADR) (NASDAQ:GAME) is the 18th most oversold U.S.-listed Chinese stock on Dec. 01. It was down 0.9% on the day. GAME's upside potential is 49.2% based on brokerage analysts' average target price of $6.65. It is trading at 57.9% of its 52-week high of $7.70, and 28.9% above its 52-week low of $3.46. PetroChina Company Limited (ADR) (NYSE:PTR) is the 19th most oversold U.S.-listed Chinese stock on Dec. 01. It was down 0.9% on the day. PTR's upside potential is 16.3% based on brokerage analysts' average target price of $150.67. It is trading at 81.6% of its 52-week high of $158.83, and 16.4% above its 52-week low of $111.29. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 20th most oversold U.S.-listed Chinese stock on Dec. 01. It was down 0.9% on the day. JOBS's upside potential is 43.3% based on brokerage analysts' average target price of $64.50. It is trading at 64.5% of its 52-week high of $69.80, and 22.9% above its 52-week low of $36.62.
Are These 2 Suit Stocks the Right Fit for You?
With unemployment at 9%, do the out-of-work buy new suits to interview for
scarce jobs, or do they hold on to their dwindling cash and make do with their
old duds? One way to answer that question is to look at mens apparel retailers
such as Jos. A. Bank Clothiers (NASDAQ: JOSB )
scarce jobs, or do they hold on to their dwindling cash and make do with their
old duds? One way to answer that question is to look at mens apparel retailers
such as Jos. A. Bank Clothiers (NASDAQ: JOSB )
Top-Performing U.S.-Listed Chinese Stocks (Dec 01, 2011)
Below are the latest top-performing U.S.-listed Chinese stocks. Changyou.com
Limited(ADR) (NASDAQ:CYOU) is the best-performing U.S.-listed Chinese stock on
Dec. 01. It was up 6.6% on the day. CYOUs upside potential is 61.1% based on
brokerage analysts average target price of $42.88. It is trading at 51.2% of its
52-week high of $52.00, and 28.5% above its 52-week low of $20.71. Focus Media
Holding Limited (ADR) (NASDAQ:FMCN) is the second best-performing U.S.-listed
Chinese stock on Dec. 01. It was up 6.4% on the day. FMCNs upside potential is
104.1% based on brokerage analysts average target price of $40.23. It is trading
at 52.4% of its 52-week high of $37.58, and 124.2% above its 52-week low of
$8.79. Phoenix New Media Ltd ADR (NYSE:FENG) is the third best-performing
U.S.-listed Chinese stock on Dec. 01. It was up 5.5% on the day. FENGs upside
potential is 64.2% based on brokerage analysts average target price of $10.67.
It is trading at 43.1% of its 52-week high of $15.09, and 54.8% above its
52-week low of $4.20. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the fourth
best-performing U.S.-listed Chinese stock on Dec. 01. It was up 5.5% on the day.
QIHUs upside potential is 96.7% based on brokerage analysts average target price
of $34.07. It is trading at 47.8% of its 52-week high of $36.21, and 21.1% above
its 52-week low of $14.30. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the
fifth best-performing U.S.-listed Chinese stock on Dec. 01. It was up 5.4% on
the day. PWRDs upside potential is 117.8% based on brokerage analysts average
target price of $24.00. It is trading at 37.9% of its 52-week high of $29.10,
and 22.4% above its 52-week low of $9.00. Yingli Green Energy Hold. Co. Ltd.
(ADR) (NYSE:YGE) is the sixth best-performing U.S.-listed Chinese stock on Dec.
01. It was up 4.9% on the day. YGEs upside potential is 16.7% based on brokerage
analysts average target price of $5.29. It is trading at 33.3% of its 52-week
high of $13.59, and 64.7% above its 52-week low of $2.75. Mindray Medical
International Ltd (ADR) (NYSE:MR) is the seventh best-performing U.S.-listed
Chinese stock on Dec. 01. It was up 3.5% on the day. MRs upside potential is
11.5% based on brokerage analysts average target price of $31.13. It is trading
at 89.5% of its 52-week high of $31.21, and 31.4% above its 52-week low of
$21.25. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is the eighth
best-performing U.S.-listed Chinese stock on Dec. 01. It was up 3.0% on the day.
SPRDs upside potential is 20.0% based on brokerage analysts average target price
of $30.58. It is trading at 85.0% of its 52-week high of $29.98, and 196.7%
above its 52-week low of $8.59. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the ninth
best-performing U.S.-listed Chinese stock on Dec. 01. It was up 2.9% on the day.
BIDUs upside potential is 36.4% based on brokerage analysts average target price
of $183.86. It is trading at 81.2% of its 52-week high of $165.96, and 42.9%
above its 52-week low of $94.33. Country Syl Ckng Restaurant Chain Co Ltd
(NYSE:CCSC) is the 10th best-performing U.S.-listed Chinese stock on Dec. 01. It
was up 2.9% on the day. CCSCs upside potential is 26.8% based on brokerage
analysts average target price of $12.12. It is trading at 34.3% of its 52-week
high of $27.88, and 4.7% above its 52-week low of $9.13. NetEase.com, Inc. (ADR)
(NASDAQ:NTES) is the 11th best-performing U.S.-listed Chinese stock on Dec. 01.
It was up 2.9% on the day. NTESs upside potential is 22.1% based on brokerage
analysts average target price of $56.66. It is trading at 84.4% of its 52-week
high of $55.00, and 31.8% above its 52-week low of $35.20. AutoNavi Holdings Ltd
(ADR) (NASDAQ:AMAP) is the 12th best-performing U.S.-listed Chinese stock on
Dec. 01. It was up 2.2% on the day. AMAPs upside potential is 105.9% based on
brokerage analysts average target price of $22.83. It is trading at 54.9% of its
52-week high of $20.20, and 19.0% above its 52-week low of $9.32. JA Solar
Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the 13th best-performing U.S.-listed
Chinese stock on Dec. 01. It was up 2.2% on the day. JASOs upside potential is
68.1% based on brokerage analysts average target price of $3.14. It is trading
at 21.8% of its 52-week high of $8.57, and 33.6% above its 52-week low of $1.40.
CNinsure Inc. (ADR) (NASDAQ:CISG) is the 14th best-performing U.S.-listed
Chinese stock on Dec. 01. It was up 2.1% on the day. CISGs upside potential is
216.1% based on brokerage analysts average target price of $20.36. It is trading
at 28.8% of its 52-week high of $22.37, and 22.0% above its 52-week low of
$5.28. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the 15th best-performing
U.S.-listed Chinese stock on Dec. 01. It was up 2.0% on the day. LDKs upside
potential is 23.7% based on brokerage analysts average target price of $4.48. It
is trading at 24.2% of its 52-week high of $14.97, and 42.0% above its 52-week
low of $2.55. Sohu.com Inc. (NASDAQ:SOHU) is the 16th best-performing
U.S.-listed Chinese stock on Dec. 01. It was up 1.9% on the day. SOHUs upside
potential is 55.5% based on brokerage analysts average target price of $78.38.
It is trading at 46.1% of its 52-week high of $109.37, and 8.7% above its
52-week low of $46.35. Jiayuan.com International Ltd (NASDAQ:DATE) is the 17th
best-performing U.S.-listed Chinese stock on Dec. 01. It was up 1.0% on the day.
DATEs upside potential is 104.2% based on brokerage analysts average target
price of $15.22. It is trading at 46.2% of its 52-week high of $16.12, and 11.2%
above its 52-week low of $6.70. Hollysys Automation Technologies Ltd
(NASDAQ:HOLI) is the 18th best-performing U.S.-listed Chinese stock on Dec. 01.
It was up 0.8% on the day. HOLIs upside potential is 47.2% based on brokerage
analysts average target price of $13.13. It is trading at 49.1% of its 52-week
high of $18.15, and 96.5% above its 52-week low of $4.54. HiSoft Technology
Internatnl Ltd (ADR) (NASDAQ:HSFT) is the 19th best-performing U.S.-listed
Chinese stock on Dec. 01. It was up 0.6% on the day. HSFTs upside potential is
52.6% based on brokerage analysts average target price of $18.16. It is trading
at 35.0% of its 52-week high of $34.00, and 48.4% above its 52-week low of
$8.02. CNOOC Limited (ADR) (NYSE:CEO) is the 20th best-performing U.S.-listed
Chinese stock on Dec. 01. It was up 0.5% on the day. CEOs upside potential is
14.2% based on brokerage analysts average target price of $221.93. It is trading
at 71.5% of its 52-week high of $271.94, and 37.6% above its 52-week low of
$141.27.
Limited(ADR) (NASDAQ:CYOU) is the best-performing U.S.-listed Chinese stock on
Dec. 01. It was up 6.6% on the day. CYOUs upside potential is 61.1% based on
brokerage analysts average target price of $42.88. It is trading at 51.2% of its
52-week high of $52.00, and 28.5% above its 52-week low of $20.71. Focus Media
Holding Limited (ADR) (NASDAQ:FMCN) is the second best-performing U.S.-listed
Chinese stock on Dec. 01. It was up 6.4% on the day. FMCNs upside potential is
104.1% based on brokerage analysts average target price of $40.23. It is trading
at 52.4% of its 52-week high of $37.58, and 124.2% above its 52-week low of
$8.79. Phoenix New Media Ltd ADR (NYSE:FENG) is the third best-performing
U.S.-listed Chinese stock on Dec. 01. It was up 5.5% on the day. FENGs upside
potential is 64.2% based on brokerage analysts average target price of $10.67.
It is trading at 43.1% of its 52-week high of $15.09, and 54.8% above its
52-week low of $4.20. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the fourth
best-performing U.S.-listed Chinese stock on Dec. 01. It was up 5.5% on the day.
QIHUs upside potential is 96.7% based on brokerage analysts average target price
of $34.07. It is trading at 47.8% of its 52-week high of $36.21, and 21.1% above
its 52-week low of $14.30. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the
fifth best-performing U.S.-listed Chinese stock on Dec. 01. It was up 5.4% on
the day. PWRDs upside potential is 117.8% based on brokerage analysts average
target price of $24.00. It is trading at 37.9% of its 52-week high of $29.10,
and 22.4% above its 52-week low of $9.00. Yingli Green Energy Hold. Co. Ltd.
(ADR) (NYSE:YGE) is the sixth best-performing U.S.-listed Chinese stock on Dec.
01. It was up 4.9% on the day. YGEs upside potential is 16.7% based on brokerage
analysts average target price of $5.29. It is trading at 33.3% of its 52-week
high of $13.59, and 64.7% above its 52-week low of $2.75. Mindray Medical
International Ltd (ADR) (NYSE:MR) is the seventh best-performing U.S.-listed
Chinese stock on Dec. 01. It was up 3.5% on the day. MRs upside potential is
11.5% based on brokerage analysts average target price of $31.13. It is trading
at 89.5% of its 52-week high of $31.21, and 31.4% above its 52-week low of
$21.25. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is the eighth
best-performing U.S.-listed Chinese stock on Dec. 01. It was up 3.0% on the day.
SPRDs upside potential is 20.0% based on brokerage analysts average target price
of $30.58. It is trading at 85.0% of its 52-week high of $29.98, and 196.7%
above its 52-week low of $8.59. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the ninth
best-performing U.S.-listed Chinese stock on Dec. 01. It was up 2.9% on the day.
BIDUs upside potential is 36.4% based on brokerage analysts average target price
of $183.86. It is trading at 81.2% of its 52-week high of $165.96, and 42.9%
above its 52-week low of $94.33. Country Syl Ckng Restaurant Chain Co Ltd
(NYSE:CCSC) is the 10th best-performing U.S.-listed Chinese stock on Dec. 01. It
was up 2.9% on the day. CCSCs upside potential is 26.8% based on brokerage
analysts average target price of $12.12. It is trading at 34.3% of its 52-week
high of $27.88, and 4.7% above its 52-week low of $9.13. NetEase.com, Inc. (ADR)
(NASDAQ:NTES) is the 11th best-performing U.S.-listed Chinese stock on Dec. 01.
It was up 2.9% on the day. NTESs upside potential is 22.1% based on brokerage
analysts average target price of $56.66. It is trading at 84.4% of its 52-week
high of $55.00, and 31.8% above its 52-week low of $35.20. AutoNavi Holdings Ltd
(ADR) (NASDAQ:AMAP) is the 12th best-performing U.S.-listed Chinese stock on
Dec. 01. It was up 2.2% on the day. AMAPs upside potential is 105.9% based on
brokerage analysts average target price of $22.83. It is trading at 54.9% of its
52-week high of $20.20, and 19.0% above its 52-week low of $9.32. JA Solar
Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the 13th best-performing U.S.-listed
Chinese stock on Dec. 01. It was up 2.2% on the day. JASOs upside potential is
68.1% based on brokerage analysts average target price of $3.14. It is trading
at 21.8% of its 52-week high of $8.57, and 33.6% above its 52-week low of $1.40.
CNinsure Inc. (ADR) (NASDAQ:CISG) is the 14th best-performing U.S.-listed
Chinese stock on Dec. 01. It was up 2.1% on the day. CISGs upside potential is
216.1% based on brokerage analysts average target price of $20.36. It is trading
at 28.8% of its 52-week high of $22.37, and 22.0% above its 52-week low of
$5.28. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the 15th best-performing
U.S.-listed Chinese stock on Dec. 01. It was up 2.0% on the day. LDKs upside
potential is 23.7% based on brokerage analysts average target price of $4.48. It
is trading at 24.2% of its 52-week high of $14.97, and 42.0% above its 52-week
low of $2.55. Sohu.com Inc. (NASDAQ:SOHU) is the 16th best-performing
U.S.-listed Chinese stock on Dec. 01. It was up 1.9% on the day. SOHUs upside
potential is 55.5% based on brokerage analysts average target price of $78.38.
It is trading at 46.1% of its 52-week high of $109.37, and 8.7% above its
52-week low of $46.35. Jiayuan.com International Ltd (NASDAQ:DATE) is the 17th
best-performing U.S.-listed Chinese stock on Dec. 01. It was up 1.0% on the day.
DATEs upside potential is 104.2% based on brokerage analysts average target
price of $15.22. It is trading at 46.2% of its 52-week high of $16.12, and 11.2%
above its 52-week low of $6.70. Hollysys Automation Technologies Ltd
(NASDAQ:HOLI) is the 18th best-performing U.S.-listed Chinese stock on Dec. 01.
It was up 0.8% on the day. HOLIs upside potential is 47.2% based on brokerage
analysts average target price of $13.13. It is trading at 49.1% of its 52-week
high of $18.15, and 96.5% above its 52-week low of $4.54. HiSoft Technology
Internatnl Ltd (ADR) (NASDAQ:HSFT) is the 19th best-performing U.S.-listed
Chinese stock on Dec. 01. It was up 0.6% on the day. HSFTs upside potential is
52.6% based on brokerage analysts average target price of $18.16. It is trading
at 35.0% of its 52-week high of $34.00, and 48.4% above its 52-week low of
$8.02. CNOOC Limited (ADR) (NYSE:CEO) is the 20th best-performing U.S.-listed
Chinese stock on Dec. 01. It was up 0.5% on the day. CEOs upside potential is
14.2% based on brokerage analysts average target price of $221.93. It is trading
at 71.5% of its 52-week high of $271.94, and 37.6% above its 52-week low of
$141.27.
Are You a Billionaire or Billionaire Wannabe? Here is Your Christmas List
If you are a billionaire, or a millionaire, or even just aspiring wealth, there
is a list for you of items that you need to add to your Christmas list . The
BillionairesLife.com 2011 Christmas List includes such items as the Sky Moon
Tourbillon 5002 P watch, a dunhill of London Biometric Wallet, an island, and a
solid gold car. There is even a bed that floats in the air.
is a list for you of items that you need to add to your Christmas list . The
BillionairesLife.com 2011 Christmas List includes such items as the Sky Moon
Tourbillon 5002 P watch, a dunhill of London Biometric Wallet, an island, and a
solid gold car. There is even a bed that floats in the air.
Did the Thanksgiving Rally Start Late, or Did Santa Come Early?
Yesterdays 490-point rally in the Dow Industrials was quite a change of pace
after the worst Thanksgiving Week market since 1932. To say we didnt get a
Turkey Day rally is an understatement. However, yesterday stocks surged as the
Fed, the European Central Bank and other central banks around the world decided
to join forces and inject liquidity into the markets. But will this market
euphoria last, or did we simply get our Santa Rally early (or is this our
Thanksgiving run-up, just a week late)? Trend-following strategists have gotten
chopped up worse than the Philadelphia Eagles pass defense this fall. And most
reversals have come this way, via steep morning gaps. Which of course means that
stops have limited value as protection for overnight positions. The volatility
markets didnt particularly believe in the sell-off last week. The CBOE
Volatility Index (CBOE: VIX ) rallied about 7%, but that was a significant
underperformance with the market drifting nearly 5% especially given that the
VIX has hovered in the low 30s for most of the month of November. The
Thanksgiving Market Slump Might Offer a Preview of December Now, part of that
had to do with the calendar. Option market-makers lower their bids ahead of and
into slow holiday weeks on the (generally correct) assumption that realized
volatility slows. And indeed, realized volatility has slowed. Realized
volatility in the S&P 500 sits near 20, so a VIX near 30 actually overprices
options relative to the pace the market is actually moving now. This whole setup
is not unusual. I ran numbers for my book, Options Volatility Trading (shameless
plug alert!) and found that options in the December cycle are the most
overpriced of the year. I defined this as the relationship of median implied
volatility (basically the VIX) to the median realized volatility of the cycle.
It came out to 1.66, which is pretty close to the ratio were seeing right now.
Can the Markets Make Sense of All This Mayhem? Volatility often picks up in the
fall, and then tapers off into year-end. Options lag a bit in picking this up,
and thus they stay modestly overpriced into year-end. Will it play out that way
this year? We never know of course, but it seems like a plausible setup.
Headline risk remains a factor. As weve seen, the markets just cast their
approval of the latest lifeboat being tossed to the Titanic that is the Eurozone
debt problem, and yet no one is looking at solving the financial problems in the
United States! So, the question is to what extent the market has already priced
in the next events to unfold, whatever they may be. Its possible weve already
discounted them, but only time will tell.
after the worst Thanksgiving Week market since 1932. To say we didnt get a
Turkey Day rally is an understatement. However, yesterday stocks surged as the
Fed, the European Central Bank and other central banks around the world decided
to join forces and inject liquidity into the markets. But will this market
euphoria last, or did we simply get our Santa Rally early (or is this our
Thanksgiving run-up, just a week late)? Trend-following strategists have gotten
chopped up worse than the Philadelphia Eagles pass defense this fall. And most
reversals have come this way, via steep morning gaps. Which of course means that
stops have limited value as protection for overnight positions. The volatility
markets didnt particularly believe in the sell-off last week. The CBOE
Volatility Index (CBOE: VIX ) rallied about 7%, but that was a significant
underperformance with the market drifting nearly 5% especially given that the
VIX has hovered in the low 30s for most of the month of November. The
Thanksgiving Market Slump Might Offer a Preview of December Now, part of that
had to do with the calendar. Option market-makers lower their bids ahead of and
into slow holiday weeks on the (generally correct) assumption that realized
volatility slows. And indeed, realized volatility has slowed. Realized
volatility in the S&P 500 sits near 20, so a VIX near 30 actually overprices
options relative to the pace the market is actually moving now. This whole setup
is not unusual. I ran numbers for my book, Options Volatility Trading (shameless
plug alert!) and found that options in the December cycle are the most
overpriced of the year. I defined this as the relationship of median implied
volatility (basically the VIX) to the median realized volatility of the cycle.
It came out to 1.66, which is pretty close to the ratio were seeing right now.
Can the Markets Make Sense of All This Mayhem? Volatility often picks up in the
fall, and then tapers off into year-end. Options lag a bit in picking this up,
and thus they stay modestly overpriced into year-end. Will it play out that way
this year? We never know of course, but it seems like a plausible setup.
Headline risk remains a factor. As weve seen, the markets just cast their
approval of the latest lifeboat being tossed to the Titanic that is the Eurozone
debt problem, and yet no one is looking at solving the financial problems in the
United States! So, the question is to what extent the market has already priced
in the next events to unfold, whatever they may be. Its possible weve already
discounted them, but only time will tell.
Subscribe to:
Posts (Atom)
LinkWithin
