Budding optimism this week for solutions to the European debt crisis ground to
a halt Thursday as the head of the European Central Bank gave a pessimistic
outlook for tomorrow's Brussels meeting, killing the market's three-day
climb and sending bank shareholders to the exits. While the ECB dropped interest
rates to an all-time low 1% and said it would open up three-year loans to euro
zone banks, negative comments about the low possibility of lending to the
International Monetary Fund which then would lend the money to euro zone
members in a form of quantitative easing soured the markets. The Dow Jones
tumbled nearly 200 points by day's end. European financials like Royal Bank of
Scotland (NYSE: RBS , -7.93%) and Deutsche Bank (NYSE: DB , -7.76%) were
torched, as was U.S.-based Morgan Stanley (NYSE: MS , -8.42%), which is thought
to have significant exposure to a European debt crisis. The fallout also
trickled down to national banking giants Citigroup (NYSE: C , -6.97%), JPMorgan
Chase (NYSE: JPM , -5.24%) and Bank of America (NYSE: BAC , -5.09%). Electric
vehicle maker Tesla Motors (NASDAQ: TSLA ) had more than enough problems without
the general market sentiment Thursday, with TSLA stock plunging almost 10% to
$30.89 after Morgan Stanley's Adam Jonas hacked his price target by 37% and
downgraded Tesla to underweight. Jonas expressed satisfaction with Tesla's
performance, with the pessimism instead focused toward the entire electric
vehicle industry. On the opposite side of the spectrum, Affymax (NASDAQ: AFFY )
whose stock suffered through a roller-coaster ride earlier this week hinging on
the fate of its experimental anemia medicine, peginesatide spiked Thursday on
news that advisers to the Food and Drug Administration would back its drug.
During the day, Affymax stock almost reached $8.50, its highest point since June
2010, when AFFY shares took a 70% hit after the company's trial anemia drug
then called Hematide was reported to have greater cardiovascular risks than an
existing Amgen (NASDAQ: AMGN ) product. Affymax stock finished Thursday at
$7.99, up 36%. Three Up DemandTec (NASDAQ: DMAN ): Up 55.99% ($4.72) to $13.15.
Coinstar (NASDAQ: CSTR ): Up 7.84% ($3.45) to $47.45. Sodastream International
(NASDAQ: SODA ): Up 2.36% (83 cents) to ($35.96). Three Down Melco Crown
Entertainment (NASDAQ: MPEL ): Down 6.7% (65 cents) to $9.05. Nokia (NYSE: NOK
): Down 6.19% (33 cents) to $5. Juniper Networks (NASDAQ: JNPR ): Down 5.91%
($1.26) to $20.05. As of this writing, Kyle Woodley did not hold a position in
any of the aforementioned stocks. Check out our list of previous IP Market
Recaps .
Thursday, December 8, 2011
Banks Burned by Europe — Thursday’s IP Market Recap
Budding optimism this week for solutions to the European debt crisis ground to
a halt Thursday as the head of the European Central Bank gave a pessimistic
outlook for tomorrow's Brussels meeting, killing the market's three-day
climb and sending bank shareholders to the exits. While the ECB dropped interest
rates to an all-time low 1% and said it would open up three-year loans to euro
zone banks, negative comments about the low possibility of lending to the
International Monetary Fund which then would lend the money to euro zone
members in a form of quantitative easing soured the markets. The Dow Jones
tumbled nearly 200 points by day's end. European financials like Royal Bank of
Scotland (NYSE: RBS , -7.93%) and Deutsche Bank (NYSE: DB , -7.76%) were
torched, as was U.S.-based Morgan Stanley (NYSE: MS , -8.42%), which is thought
to have significant exposure to a European debt crisis. The fallout also
trickled down to national banking giants Citigroup (NYSE: C , -6.97%), JPMorgan
Chase (NYSE: JPM , -5.24%) and Bank of America (NYSE: BAC , -5.09%). Electric
vehicle maker Tesla Motors (NASDAQ: TSLA ) had more than enough problems without
the general market sentiment Thursday, with TSLA stock plunging almost 10% to
$30.89 after Morgan Stanley's Adam Jonas hacked his price target by 37% and
downgraded Tesla to underweight. Jonas expressed satisfaction with Tesla's
performance, with the pessimism instead focused toward the entire electric
vehicle industry. On the opposite side of the spectrum, Affymax (NASDAQ: AFFY )
whose stock suffered through a roller-coaster ride earlier this week hinging on
the fate of its experimental anemia medicine, peginesatide spiked Thursday on
news that advisers to the Food and Drug Administration would back its drug.
During the day, Affymax stock almost reached $8.50, its highest point since June
2010, when AFFY shares took a 70% hit after the company's trial anemia drug
then called Hematide was reported to have greater cardiovascular risks than an
existing Amgen (NASDAQ: AMGN ) product. Affymax stock finished Thursday at
$7.99, up 36%. Three Up DemandTec (NASDAQ: DMAN ): Up 55.99% ($4.72) to $13.15.
Coinstar (NASDAQ: CSTR ): Up 7.84% ($3.45) to $47.45. Sodastream International
(NASDAQ: SODA ): Up 2.36% (83 cents) to ($35.96). Three Down Melco Crown
Entertainment (NASDAQ: MPEL ): Down 6.7% (65 cents) to $9.05. Nokia (NYSE: NOK
): Down 6.19% (33 cents) to $5. Juniper Networks (NASDAQ: JNPR ): Down 5.91%
($1.26) to $20.05. As of this writing, Kyle Woodley did not hold a position in
any of the aforementioned stocks. Check out our list of previous IP Market
Recaps .
a halt Thursday as the head of the European Central Bank gave a pessimistic
outlook for tomorrow's Brussels meeting, killing the market's three-day
climb and sending bank shareholders to the exits. While the ECB dropped interest
rates to an all-time low 1% and said it would open up three-year loans to euro
zone banks, negative comments about the low possibility of lending to the
International Monetary Fund which then would lend the money to euro zone
members in a form of quantitative easing soured the markets. The Dow Jones
tumbled nearly 200 points by day's end. European financials like Royal Bank of
Scotland (NYSE: RBS , -7.93%) and Deutsche Bank (NYSE: DB , -7.76%) were
torched, as was U.S.-based Morgan Stanley (NYSE: MS , -8.42%), which is thought
to have significant exposure to a European debt crisis. The fallout also
trickled down to national banking giants Citigroup (NYSE: C , -6.97%), JPMorgan
Chase (NYSE: JPM , -5.24%) and Bank of America (NYSE: BAC , -5.09%). Electric
vehicle maker Tesla Motors (NASDAQ: TSLA ) had more than enough problems without
the general market sentiment Thursday, with TSLA stock plunging almost 10% to
$30.89 after Morgan Stanley's Adam Jonas hacked his price target by 37% and
downgraded Tesla to underweight. Jonas expressed satisfaction with Tesla's
performance, with the pessimism instead focused toward the entire electric
vehicle industry. On the opposite side of the spectrum, Affymax (NASDAQ: AFFY )
whose stock suffered through a roller-coaster ride earlier this week hinging on
the fate of its experimental anemia medicine, peginesatide spiked Thursday on
news that advisers to the Food and Drug Administration would back its drug.
During the day, Affymax stock almost reached $8.50, its highest point since June
2010, when AFFY shares took a 70% hit after the company's trial anemia drug
then called Hematide was reported to have greater cardiovascular risks than an
existing Amgen (NASDAQ: AMGN ) product. Affymax stock finished Thursday at
$7.99, up 36%. Three Up DemandTec (NASDAQ: DMAN ): Up 55.99% ($4.72) to $13.15.
Coinstar (NASDAQ: CSTR ): Up 7.84% ($3.45) to $47.45. Sodastream International
(NASDAQ: SODA ): Up 2.36% (83 cents) to ($35.96). Three Down Melco Crown
Entertainment (NASDAQ: MPEL ): Down 6.7% (65 cents) to $9.05. Nokia (NYSE: NOK
): Down 6.19% (33 cents) to $5. Juniper Networks (NASDAQ: JNPR ): Down 5.91%
($1.26) to $20.05. As of this writing, Kyle Woodley did not hold a position in
any of the aforementioned stocks. Check out our list of previous IP Market
Recaps .
Top 10 Best-Rated Broadcasting Stocks: FENG, MBND, LSTZA, CHTR, LMCA, LBTYA, SBGI, CBS, VMED, SIRI (Dec 08, 2011)
Below are the top 10 best-rated Broadcasting stocks, based on the percentage of
positive ratings by brokerage analysts. One Chinese company (FENG) is on the
list. Phoenix New Media Ltd ADR (NYSE:FENG) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. Multiband Corporation (NASDAQ:MBND) is the second
best-rated stock in this segment of the market. It is rated positively by 100%
of the 4 brokerage analysts covering it. Liberty Media Corp (Starz)
(NASDAQ:LSTZA) is the third best-rated stock in this segment of the market. It
is rated positively by 89% of the 9 brokerage analysts covering it. Charter
Communications, Inc. (NASDAQ:CHTR) is the fourth best-rated stock in this
segment of the market. It is rated positively by 82% of the 11 brokerage
analysts covering it. Liberty Media Corp (Capital) (NASDAQ:LMCA) is the fifth
best-rated stock in this segment of the market. It is rated positively by 82% of
the 11 brokerage analysts covering it. Liberty Global Inc. (NASDAQ:LBTYA) is the
sixth best-rated stock in this segment of the market. It is rated positively by
81% of the 16 brokerage analysts covering it. Sinclair Broadcast Group, Inc.
(NASDAQ:SBGI) is the seventh best-rated stock in this segment of the market. It
is rated positively by 80% of the 5 brokerage analysts covering it. CBS
Corporation (NYSE:CBS) is the eighth best-rated stock in this segment of the
market. It is rated positively by 75% of the 28 brokerage analysts covering it.
Virgin Media Inc. (NASDAQ:VMED) is the ninth best-rated stock in this segment of
the market. It is rated positively by 75% of the 24 brokerage analysts covering
it. Sirius XM Radio Inc. (NASDAQ:SIRI) is the 10th best-rated stock in this
segment of the market. It is rated positively by 75% of the 12 brokerage
analysts covering it.
positive ratings by brokerage analysts. One Chinese company (FENG) is on the
list. Phoenix New Media Ltd ADR (NYSE:FENG) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. Multiband Corporation (NASDAQ:MBND) is the second
best-rated stock in this segment of the market. It is rated positively by 100%
of the 4 brokerage analysts covering it. Liberty Media Corp (Starz)
(NASDAQ:LSTZA) is the third best-rated stock in this segment of the market. It
is rated positively by 89% of the 9 brokerage analysts covering it. Charter
Communications, Inc. (NASDAQ:CHTR) is the fourth best-rated stock in this
segment of the market. It is rated positively by 82% of the 11 brokerage
analysts covering it. Liberty Media Corp (Capital) (NASDAQ:LMCA) is the fifth
best-rated stock in this segment of the market. It is rated positively by 82% of
the 11 brokerage analysts covering it. Liberty Global Inc. (NASDAQ:LBTYA) is the
sixth best-rated stock in this segment of the market. It is rated positively by
81% of the 16 brokerage analysts covering it. Sinclair Broadcast Group, Inc.
(NASDAQ:SBGI) is the seventh best-rated stock in this segment of the market. It
is rated positively by 80% of the 5 brokerage analysts covering it. CBS
Corporation (NYSE:CBS) is the eighth best-rated stock in this segment of the
market. It is rated positively by 75% of the 28 brokerage analysts covering it.
Virgin Media Inc. (NASDAQ:VMED) is the ninth best-rated stock in this segment of
the market. It is rated positively by 75% of the 24 brokerage analysts covering
it. Sirius XM Radio Inc. (NASDAQ:SIRI) is the 10th best-rated stock in this
segment of the market. It is rated positively by 75% of the 12 brokerage
analysts covering it.
Top 10 Best-Rated Broadcasting Stocks: FENG, MBND, LSTZA, CHTR, LMCA, LBTYA, SBGI, CBS, VMED, SIRI (Dec 08, 2011)
Below are the top 10 best-rated Broadcasting stocks, based on the percentage of
positive ratings by brokerage analysts. One Chinese company (FENG) is on the
list. Phoenix New Media Ltd ADR (NYSE:FENG) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. Multiband Corporation (NASDAQ:MBND) is the second
best-rated stock in this segment of the market. It is rated positively by 100%
of the 4 brokerage analysts covering it. Liberty Media Corp (Starz)
(NASDAQ:LSTZA) is the third best-rated stock in this segment of the market. It
is rated positively by 89% of the 9 brokerage analysts covering it. Charter
Communications, Inc. (NASDAQ:CHTR) is the fourth best-rated stock in this
segment of the market. It is rated positively by 82% of the 11 brokerage
analysts covering it. Liberty Media Corp (Capital) (NASDAQ:LMCA) is the fifth
best-rated stock in this segment of the market. It is rated positively by 82% of
the 11 brokerage analysts covering it. Liberty Global Inc. (NASDAQ:LBTYA) is the
sixth best-rated stock in this segment of the market. It is rated positively by
81% of the 16 brokerage analysts covering it. Sinclair Broadcast Group, Inc.
(NASDAQ:SBGI) is the seventh best-rated stock in this segment of the market. It
is rated positively by 80% of the 5 brokerage analysts covering it. CBS
Corporation (NYSE:CBS) is the eighth best-rated stock in this segment of the
market. It is rated positively by 75% of the 28 brokerage analysts covering it.
Virgin Media Inc. (NASDAQ:VMED) is the ninth best-rated stock in this segment of
the market. It is rated positively by 75% of the 24 brokerage analysts covering
it. Sirius XM Radio Inc. (NASDAQ:SIRI) is the 10th best-rated stock in this
segment of the market. It is rated positively by 75% of the 12 brokerage
analysts covering it.
positive ratings by brokerage analysts. One Chinese company (FENG) is on the
list. Phoenix New Media Ltd ADR (NYSE:FENG) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. Multiband Corporation (NASDAQ:MBND) is the second
best-rated stock in this segment of the market. It is rated positively by 100%
of the 4 brokerage analysts covering it. Liberty Media Corp (Starz)
(NASDAQ:LSTZA) is the third best-rated stock in this segment of the market. It
is rated positively by 89% of the 9 brokerage analysts covering it. Charter
Communications, Inc. (NASDAQ:CHTR) is the fourth best-rated stock in this
segment of the market. It is rated positively by 82% of the 11 brokerage
analysts covering it. Liberty Media Corp (Capital) (NASDAQ:LMCA) is the fifth
best-rated stock in this segment of the market. It is rated positively by 82% of
the 11 brokerage analysts covering it. Liberty Global Inc. (NASDAQ:LBTYA) is the
sixth best-rated stock in this segment of the market. It is rated positively by
81% of the 16 brokerage analysts covering it. Sinclair Broadcast Group, Inc.
(NASDAQ:SBGI) is the seventh best-rated stock in this segment of the market. It
is rated positively by 80% of the 5 brokerage analysts covering it. CBS
Corporation (NYSE:CBS) is the eighth best-rated stock in this segment of the
market. It is rated positively by 75% of the 28 brokerage analysts covering it.
Virgin Media Inc. (NASDAQ:VMED) is the ninth best-rated stock in this segment of
the market. It is rated positively by 75% of the 24 brokerage analysts covering
it. Sirius XM Radio Inc. (NASDAQ:SIRI) is the 10th best-rated stock in this
segment of the market. It is rated positively by 75% of the 12 brokerage
analysts covering it.
Banks Burned by Europe — Thursday’s IP Market Recap
Budding optimism this week for solutions to the European debt crisis ground to
a halt Thursday as the head of the European Central Bank gave a pessimistic
outlook for tomorrow's Brussels meeting, killing the market's three-day
climb and sending bank shareholders to the exits. While the ECB dropped interest
rates to an all-time low 1% and said it would open up three-year loans to euro
zone banks, negative comments about the low possibility of lending to the
International Monetary Fund which then would lend the money to euro zone
members in a form of quantitative easing soured the markets. The Dow Jones
tumbled nearly 200 points by day's end. European financials like Royal Bank of
Scotland (NYSE: RBS , -7.93%) and Deutsche Bank (NYSE: DB , -7.76%) were
torched, as was U.S.-based Morgan Stanley (NYSE: MS , -8.42%), which is thought
to have significant exposure to a European debt crisis. The fallout also
trickled down to national banking giants Citigroup (NYSE: C , -6.97%), JPMorgan
Chase (NYSE: JPM , -5.24%) and Bank of America (NYSE: BAC , -5.09%). Electric
vehicle maker Tesla Motors (NASDAQ: TSLA ) had more than enough problems without
the general market sentiment Thursday, with TSLA stock plunging almost 10% to
$30.89 after Morgan Stanley's Adam Jonas hacked his price target by 37% and
downgraded Tesla to underweight. Jonas expressed satisfaction with Tesla's
performance, with the pessimism instead focused toward the entire electric
vehicle industry. On the opposite side of the spectrum, Affymax (NASDAQ: AFFY )
whose stock suffered through a roller-coaster ride earlier this week hinging on
the fate of its experimental anemia medicine, peginesatide spiked Thursday on
news that advisers to the Food and Drug Administration would back its drug.
During the day, Affymax stock almost reached $8.50, its highest point since June
2010, when AFFY shares took a 70% hit after the company's trial anemia drug
then called Hematide was reported to have greater cardiovascular risks than an
existing Amgen (NASDAQ: AMGN ) product. Affymax stock finished Thursday at
$7.99, up 36%. Three Up DemandTec (NASDAQ: DMAN ): Up 55.99% ($4.72) to $13.15.
Coinstar (NASDAQ: CSTR ): Up 7.84% ($3.45) to $47.45. Sodastream International
(NASDAQ: SODA ): Up 2.36% (83 cents) to ($35.96). Three Down Melco Crown
Entertainment (NASDAQ: MPEL ): Down 6.7% (65 cents) to $9.05. Nokia (NYSE: NOK
): Down 6.19% (33 cents) to $5. Juniper Networks (NASDAQ: JNPR ): Down 5.91%
($1.26) to $20.05. As of this writing, Kyle Woodley did not hold a position in
any of the aforementioned stocks. Check out our list of previous IP Market
Recaps .
a halt Thursday as the head of the European Central Bank gave a pessimistic
outlook for tomorrow's Brussels meeting, killing the market's three-day
climb and sending bank shareholders to the exits. While the ECB dropped interest
rates to an all-time low 1% and said it would open up three-year loans to euro
zone banks, negative comments about the low possibility of lending to the
International Monetary Fund which then would lend the money to euro zone
members in a form of quantitative easing soured the markets. The Dow Jones
tumbled nearly 200 points by day's end. European financials like Royal Bank of
Scotland (NYSE: RBS , -7.93%) and Deutsche Bank (NYSE: DB , -7.76%) were
torched, as was U.S.-based Morgan Stanley (NYSE: MS , -8.42%), which is thought
to have significant exposure to a European debt crisis. The fallout also
trickled down to national banking giants Citigroup (NYSE: C , -6.97%), JPMorgan
Chase (NYSE: JPM , -5.24%) and Bank of America (NYSE: BAC , -5.09%). Electric
vehicle maker Tesla Motors (NASDAQ: TSLA ) had more than enough problems without
the general market sentiment Thursday, with TSLA stock plunging almost 10% to
$30.89 after Morgan Stanley's Adam Jonas hacked his price target by 37% and
downgraded Tesla to underweight. Jonas expressed satisfaction with Tesla's
performance, with the pessimism instead focused toward the entire electric
vehicle industry. On the opposite side of the spectrum, Affymax (NASDAQ: AFFY )
whose stock suffered through a roller-coaster ride earlier this week hinging on
the fate of its experimental anemia medicine, peginesatide spiked Thursday on
news that advisers to the Food and Drug Administration would back its drug.
During the day, Affymax stock almost reached $8.50, its highest point since June
2010, when AFFY shares took a 70% hit after the company's trial anemia drug
then called Hematide was reported to have greater cardiovascular risks than an
existing Amgen (NASDAQ: AMGN ) product. Affymax stock finished Thursday at
$7.99, up 36%. Three Up DemandTec (NASDAQ: DMAN ): Up 55.99% ($4.72) to $13.15.
Coinstar (NASDAQ: CSTR ): Up 7.84% ($3.45) to $47.45. Sodastream International
(NASDAQ: SODA ): Up 2.36% (83 cents) to ($35.96). Three Down Melco Crown
Entertainment (NASDAQ: MPEL ): Down 6.7% (65 cents) to $9.05. Nokia (NYSE: NOK
): Down 6.19% (33 cents) to $5. Juniper Networks (NASDAQ: JNPR ): Down 5.91%
($1.26) to $20.05. As of this writing, Kyle Woodley did not hold a position in
any of the aforementioned stocks. Check out our list of previous IP Market
Recaps .
Top 10 Best-Rated Broadcasting Stocks: FENG, MBND, LSTZA, CHTR, LMCA, LBTYA, SBGI, CBS, VMED, SIRI (Dec 08, 2011)
Below are the top 10 best-rated Broadcasting stocks, based on the percentage of
positive ratings by brokerage analysts. One Chinese company (FENG) is on the
list. Phoenix New Media Ltd ADR (NYSE:FENG) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. Multiband Corporation (NASDAQ:MBND) is the second
best-rated stock in this segment of the market. It is rated positively by 100%
of the 4 brokerage analysts covering it. Liberty Media Corp (Starz)
(NASDAQ:LSTZA) is the third best-rated stock in this segment of the market. It
is rated positively by 89% of the 9 brokerage analysts covering it. Charter
Communications, Inc. (NASDAQ:CHTR) is the fourth best-rated stock in this
segment of the market. It is rated positively by 82% of the 11 brokerage
analysts covering it. Liberty Media Corp (Capital) (NASDAQ:LMCA) is the fifth
best-rated stock in this segment of the market. It is rated positively by 82% of
the 11 brokerage analysts covering it. Liberty Global Inc. (NASDAQ:LBTYA) is the
sixth best-rated stock in this segment of the market. It is rated positively by
81% of the 16 brokerage analysts covering it. Sinclair Broadcast Group, Inc.
(NASDAQ:SBGI) is the seventh best-rated stock in this segment of the market. It
is rated positively by 80% of the 5 brokerage analysts covering it. CBS
Corporation (NYSE:CBS) is the eighth best-rated stock in this segment of the
market. It is rated positively by 75% of the 28 brokerage analysts covering it.
Virgin Media Inc. (NASDAQ:VMED) is the ninth best-rated stock in this segment of
the market. It is rated positively by 75% of the 24 brokerage analysts covering
it. Sirius XM Radio Inc. (NASDAQ:SIRI) is the 10th best-rated stock in this
segment of the market. It is rated positively by 75% of the 12 brokerage
analysts covering it.
positive ratings by brokerage analysts. One Chinese company (FENG) is on the
list. Phoenix New Media Ltd ADR (NYSE:FENG) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. Multiband Corporation (NASDAQ:MBND) is the second
best-rated stock in this segment of the market. It is rated positively by 100%
of the 4 brokerage analysts covering it. Liberty Media Corp (Starz)
(NASDAQ:LSTZA) is the third best-rated stock in this segment of the market. It
is rated positively by 89% of the 9 brokerage analysts covering it. Charter
Communications, Inc. (NASDAQ:CHTR) is the fourth best-rated stock in this
segment of the market. It is rated positively by 82% of the 11 brokerage
analysts covering it. Liberty Media Corp (Capital) (NASDAQ:LMCA) is the fifth
best-rated stock in this segment of the market. It is rated positively by 82% of
the 11 brokerage analysts covering it. Liberty Global Inc. (NASDAQ:LBTYA) is the
sixth best-rated stock in this segment of the market. It is rated positively by
81% of the 16 brokerage analysts covering it. Sinclair Broadcast Group, Inc.
(NASDAQ:SBGI) is the seventh best-rated stock in this segment of the market. It
is rated positively by 80% of the 5 brokerage analysts covering it. CBS
Corporation (NYSE:CBS) is the eighth best-rated stock in this segment of the
market. It is rated positively by 75% of the 28 brokerage analysts covering it.
Virgin Media Inc. (NASDAQ:VMED) is the ninth best-rated stock in this segment of
the market. It is rated positively by 75% of the 24 brokerage analysts covering
it. Sirius XM Radio Inc. (NASDAQ:SIRI) is the 10th best-rated stock in this
segment of the market. It is rated positively by 75% of the 12 brokerage
analysts covering it.
Microsoft Corporation (NASDAQ:MSFT) Hooks Up With GE
Microsoft Corporation (NASDAQ:MSFT) has teamed up with GE for a joint venture.
Microsoft Corporation (NASDAQ:MSFT) Hooks Up With GE Microsoft Corporation
(NASDAQ:MSFT) and General Electric Company are planning to launch a joint
venture aimed at helping healthcare organizations and professionals use
real-time, system-wide intelligence to improve healthcare quality and the
patient experience. The launch is expected in first half of 2012. Steve Ballmer,
CEO of Microsoft Corporation (NASDAQ:MSFT), said that, High quality affordable
healthcare is one of the biggest challenges facing every nation, but its also an
area where technology can make a huge difference. Combining Microsoft
Corporation (NASDAQ:MSFT)s open, interoperable health platforms and software
expertise with GEs experience and healthcare solutions will create exciting
opportunities for patients and healthcare providers alike. Working together, GE
and Microsoft Corporation (NASDAQ:MSFT) can help make healthcare systems more
intelligent and cost efficient while improving patient care. Microsoft Corp.
(NASDAQ:MSFT) stocks are currently standing at 25.6. Price History Last Price:
25.6 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 26.13 6 Month
Price Change %: 6.9% 12 Month Price Change %: -4.7%
Microsoft Corporation (NASDAQ:MSFT) Hooks Up With GE Microsoft Corporation
(NASDAQ:MSFT) and General Electric Company are planning to launch a joint
venture aimed at helping healthcare organizations and professionals use
real-time, system-wide intelligence to improve healthcare quality and the
patient experience. The launch is expected in first half of 2012. Steve Ballmer,
CEO of Microsoft Corporation (NASDAQ:MSFT), said that, High quality affordable
healthcare is one of the biggest challenges facing every nation, but its also an
area where technology can make a huge difference. Combining Microsoft
Corporation (NASDAQ:MSFT)s open, interoperable health platforms and software
expertise with GEs experience and healthcare solutions will create exciting
opportunities for patients and healthcare providers alike. Working together, GE
and Microsoft Corporation (NASDAQ:MSFT) can help make healthcare systems more
intelligent and cost efficient while improving patient care. Microsoft Corp.
(NASDAQ:MSFT) stocks are currently standing at 25.6. Price History Last Price:
25.6 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 26.13 6 Month
Price Change %: 6.9% 12 Month Price Change %: -4.7%
Microsoft Corporation (NASDAQ:MSFT) Increasing Higher Education Funding
Microsoft Corporation (NASDAQ:MSFT) has assisted the Malaysian young generation
towards higher education. Microsoft Corporation (NASDAQ:MSFT) Increasing Higher
Education Funding Microsoft Corporation (NASDAQ:MSFT) is assisting the young
population in Malaysia in their pursuit of higher education, jobs and
entrepreneurship. Microsoft Corporation (NASDAQ:MSFT) has also collaborated with
more than 60 non-governmental organizations in Malaysia to assist the youth
population. Lori Harnick, Microsoft Corporation (NASDAQ:MSFT) Worldwide
corporate citizenship head, said that, "Microsoft Corporation (NASDAQ:MSFT)
providing training and programs such as technology skills training or business
skills training would enable the young access to additional schooling in
universities, jobs or building their own businesses. Microsoft Corporation
(NASDAQ:MSFT) has offered them one of the six types of training which among them
are ICT training and management skills. Microsoft Corporation (NASDAQ:MSFT) is
currently delivering technology and skills to people in rural villages across
the country to connect with the rest of the country, thus improving their lives.
Almost four million Malaysians had joined the education programs offered by
Microsoft Corporation (NASDAQ:MSFT), which were innovative solutions for both
teachers and students". Microsoft Corp. (NASDAQ:MSFT) shares are currently
standing at 25.6. Price History Last Price: 25.6 52 Week Low / High: 23.65 /
29.46 50 Day Moving Average: 26.13 6 Month Price Change %: 6.9% 12 Month Price
Change %: -4.7%
towards higher education. Microsoft Corporation (NASDAQ:MSFT) Increasing Higher
Education Funding Microsoft Corporation (NASDAQ:MSFT) is assisting the young
population in Malaysia in their pursuit of higher education, jobs and
entrepreneurship. Microsoft Corporation (NASDAQ:MSFT) has also collaborated with
more than 60 non-governmental organizations in Malaysia to assist the youth
population. Lori Harnick, Microsoft Corporation (NASDAQ:MSFT) Worldwide
corporate citizenship head, said that, "Microsoft Corporation (NASDAQ:MSFT)
providing training and programs such as technology skills training or business
skills training would enable the young access to additional schooling in
universities, jobs or building their own businesses. Microsoft Corporation
(NASDAQ:MSFT) has offered them one of the six types of training which among them
are ICT training and management skills. Microsoft Corporation (NASDAQ:MSFT) is
currently delivering technology and skills to people in rural villages across
the country to connect with the rest of the country, thus improving their lives.
Almost four million Malaysians had joined the education programs offered by
Microsoft Corporation (NASDAQ:MSFT), which were innovative solutions for both
teachers and students". Microsoft Corp. (NASDAQ:MSFT) shares are currently
standing at 25.6. Price History Last Price: 25.6 52 Week Low / High: 23.65 /
29.46 50 Day Moving Average: 26.13 6 Month Price Change %: 6.9% 12 Month Price
Change %: -4.7%
Microsoft Corporation (NASDAQ:MSFT) Increasing Higher Education Funding
Microsoft Corporation (NASDAQ:MSFT) has assisted the Malaysian young generation
towards higher education. Microsoft Corporation (NASDAQ:MSFT) Increasing Higher
Education Funding Microsoft Corporation (NASDAQ:MSFT) is assisting the young
population in Malaysia in their pursuit of higher education, jobs and
entrepreneurship. Microsoft Corporation (NASDAQ:MSFT) has also collaborated with
more than 60 non-governmental organizations in Malaysia to assist the youth
population. Lori Harnick, Microsoft Corporation (NASDAQ:MSFT) Worldwide
corporate citizenship head, said that, "Microsoft Corporation (NASDAQ:MSFT)
providing training and programs such as technology skills training or business
skills training would enable the young access to additional schooling in
universities, jobs or building their own businesses. Microsoft Corporation
(NASDAQ:MSFT) has offered them one of the six types of training which among them
are ICT training and management skills. Microsoft Corporation (NASDAQ:MSFT) is
currently delivering technology and skills to people in rural villages across
the country to connect with the rest of the country, thus improving their lives.
Almost four million Malaysians had joined the education programs offered by
Microsoft Corporation (NASDAQ:MSFT), which were innovative solutions for both
teachers and students". Microsoft Corp. (NASDAQ:MSFT) shares are currently
standing at 25.6. Price History Last Price: 25.6 52 Week Low / High: 23.65 /
29.46 50 Day Moving Average: 26.13 6 Month Price Change %: 6.9% 12 Month Price
Change %: -4.7%
towards higher education. Microsoft Corporation (NASDAQ:MSFT) Increasing Higher
Education Funding Microsoft Corporation (NASDAQ:MSFT) is assisting the young
population in Malaysia in their pursuit of higher education, jobs and
entrepreneurship. Microsoft Corporation (NASDAQ:MSFT) has also collaborated with
more than 60 non-governmental organizations in Malaysia to assist the youth
population. Lori Harnick, Microsoft Corporation (NASDAQ:MSFT) Worldwide
corporate citizenship head, said that, "Microsoft Corporation (NASDAQ:MSFT)
providing training and programs such as technology skills training or business
skills training would enable the young access to additional schooling in
universities, jobs or building their own businesses. Microsoft Corporation
(NASDAQ:MSFT) has offered them one of the six types of training which among them
are ICT training and management skills. Microsoft Corporation (NASDAQ:MSFT) is
currently delivering technology and skills to people in rural villages across
the country to connect with the rest of the country, thus improving their lives.
Almost four million Malaysians had joined the education programs offered by
Microsoft Corporation (NASDAQ:MSFT), which were innovative solutions for both
teachers and students". Microsoft Corp. (NASDAQ:MSFT) shares are currently
standing at 25.6. Price History Last Price: 25.6 52 Week Low / High: 23.65 /
29.46 50 Day Moving Average: 26.13 6 Month Price Change %: 6.9% 12 Month Price
Change %: -4.7%
Microsoft Corporation (NASDAQ:MSFT) Hooks Up With GE
Microsoft Corporation (NASDAQ:MSFT) has teamed up with GE for a joint venture.
Microsoft Corporation (NASDAQ:MSFT) Hooks Up With GE Microsoft Corporation
(NASDAQ:MSFT) and General Electric Company are planning to launch a joint
venture aimed at helping healthcare organizations and professionals use
real-time, system-wide intelligence to improve healthcare quality and the
patient experience. The launch is expected in first half of 2012. Steve Ballmer,
CEO of Microsoft Corporation (NASDAQ:MSFT), said that, High quality affordable
healthcare is one of the biggest challenges facing every nation, but its also an
area where technology can make a huge difference. Combining Microsoft
Corporation (NASDAQ:MSFT)s open, interoperable health platforms and software
expertise with GEs experience and healthcare solutions will create exciting
opportunities for patients and healthcare providers alike. Working together, GE
and Microsoft Corporation (NASDAQ:MSFT) can help make healthcare systems more
intelligent and cost efficient while improving patient care. Microsoft Corp.
(NASDAQ:MSFT) stocks are currently standing at 25.6. Price History Last Price:
25.6 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 26.13 6 Month
Price Change %: 6.9% 12 Month Price Change %: -4.7%
Microsoft Corporation (NASDAQ:MSFT) Hooks Up With GE Microsoft Corporation
(NASDAQ:MSFT) and General Electric Company are planning to launch a joint
venture aimed at helping healthcare organizations and professionals use
real-time, system-wide intelligence to improve healthcare quality and the
patient experience. The launch is expected in first half of 2012. Steve Ballmer,
CEO of Microsoft Corporation (NASDAQ:MSFT), said that, High quality affordable
healthcare is one of the biggest challenges facing every nation, but its also an
area where technology can make a huge difference. Combining Microsoft
Corporation (NASDAQ:MSFT)s open, interoperable health platforms and software
expertise with GEs experience and healthcare solutions will create exciting
opportunities for patients and healthcare providers alike. Working together, GE
and Microsoft Corporation (NASDAQ:MSFT) can help make healthcare systems more
intelligent and cost efficient while improving patient care. Microsoft Corp.
(NASDAQ:MSFT) stocks are currently standing at 25.6. Price History Last Price:
25.6 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 26.13 6 Month
Price Change %: 6.9% 12 Month Price Change %: -4.7%
Top 10 Best-Rated Broadcasting Stocks: FENG, MBND, LSTZA, CHTR, LMCA, LBTYA, SBGI, CBS, VMED, SIRI (Dec 08, 2011)
Below are the top 10 best-rated Broadcasting stocks, based on the percentage of
positive ratings by brokerage analysts. One Chinese company (FENG) is on the
list. Phoenix New Media Ltd ADR (NYSE:FENG) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. Multiband Corporation (NASDAQ:MBND) is the second
best-rated stock in this segment of the market. It is rated positively by 100%
of the 4 brokerage analysts covering it. Liberty Media Corp (Starz)
(NASDAQ:LSTZA) is the third best-rated stock in this segment of the market. It
is rated positively by 89% of the 9 brokerage analysts covering it. Charter
Communications, Inc. (NASDAQ:CHTR) is the fourth best-rated stock in this
segment of the market. It is rated positively by 82% of the 11 brokerage
analysts covering it. Liberty Media Corp (Capital) (NASDAQ:LMCA) is the fifth
best-rated stock in this segment of the market. It is rated positively by 82% of
the 11 brokerage analysts covering it. Liberty Global Inc. (NASDAQ:LBTYA) is the
sixth best-rated stock in this segment of the market. It is rated positively by
81% of the 16 brokerage analysts covering it. Sinclair Broadcast Group, Inc.
(NASDAQ:SBGI) is the seventh best-rated stock in this segment of the market. It
is rated positively by 80% of the 5 brokerage analysts covering it. CBS
Corporation (NYSE:CBS) is the eighth best-rated stock in this segment of the
market. It is rated positively by 75% of the 28 brokerage analysts covering it.
Virgin Media Inc. (NASDAQ:VMED) is the ninth best-rated stock in this segment of
the market. It is rated positively by 75% of the 24 brokerage analysts covering
it. Sirius XM Radio Inc. (NASDAQ:SIRI) is the 10th best-rated stock in this
segment of the market. It is rated positively by 75% of the 12 brokerage
analysts covering it.
positive ratings by brokerage analysts. One Chinese company (FENG) is on the
list. Phoenix New Media Ltd ADR (NYSE:FENG) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. Multiband Corporation (NASDAQ:MBND) is the second
best-rated stock in this segment of the market. It is rated positively by 100%
of the 4 brokerage analysts covering it. Liberty Media Corp (Starz)
(NASDAQ:LSTZA) is the third best-rated stock in this segment of the market. It
is rated positively by 89% of the 9 brokerage analysts covering it. Charter
Communications, Inc. (NASDAQ:CHTR) is the fourth best-rated stock in this
segment of the market. It is rated positively by 82% of the 11 brokerage
analysts covering it. Liberty Media Corp (Capital) (NASDAQ:LMCA) is the fifth
best-rated stock in this segment of the market. It is rated positively by 82% of
the 11 brokerage analysts covering it. Liberty Global Inc. (NASDAQ:LBTYA) is the
sixth best-rated stock in this segment of the market. It is rated positively by
81% of the 16 brokerage analysts covering it. Sinclair Broadcast Group, Inc.
(NASDAQ:SBGI) is the seventh best-rated stock in this segment of the market. It
is rated positively by 80% of the 5 brokerage analysts covering it. CBS
Corporation (NYSE:CBS) is the eighth best-rated stock in this segment of the
market. It is rated positively by 75% of the 28 brokerage analysts covering it.
Virgin Media Inc. (NASDAQ:VMED) is the ninth best-rated stock in this segment of
the market. It is rated positively by 75% of the 24 brokerage analysts covering
it. Sirius XM Radio Inc. (NASDAQ:SIRI) is the 10th best-rated stock in this
segment of the market. It is rated positively by 75% of the 12 brokerage
analysts covering it.
Banks Burned by Europe — Thursday’s IP Market Recap
Budding optimism this week for solutions to the European debt crisis ground to
a halt Thursday as the head of the European Central Bank gave a pessimistic
outlook for tomorrow's Brussels meeting, killing the market's three-day
climb and sending bank shareholders to the exits. While the ECB dropped interest
rates to an all-time low 1% and said it would open up three-year loans to euro
zone banks, negative comments about the low possibility of lending to the
International Monetary Fund which then would lend the money to euro zone
members in a form of quantitative easing soured the markets. The Dow Jones
tumbled nearly 200 points by day's end. European financials like Royal Bank of
Scotland (NYSE: RBS , -7.93%) and Deutsche Bank (NYSE: DB , -7.76%) were
torched, as was U.S.-based Morgan Stanley (NYSE: MS , -8.42%), which is thought
to have significant exposure to a European debt crisis. The fallout also
trickled down to national banking giants Citigroup (NYSE: C , -6.97%), JPMorgan
Chase (NYSE: JPM , -5.24%) and Bank of America (NYSE: BAC , -5.09%). Electric
vehicle maker Tesla Motors (NASDAQ: TSLA ) had more than enough problems without
the general market sentiment Thursday, with TSLA stock plunging almost 10% to
$30.89 after Morgan Stanley's Adam Jonas hacked his price target by 37% and
downgraded Tesla to underweight. Jonas expressed satisfaction with Tesla's
performance, with the pessimism instead focused toward the entire electric
vehicle industry. On the opposite side of the spectrum, Affymax (NASDAQ: AFFY )
whose stock suffered through a roller-coaster ride earlier this week hinging on
the fate of its experimental anemia medicine, peginesatide spiked Thursday on
news that advisers to the Food and Drug Administration would back its drug.
During the day, Affymax stock almost reached $8.50, its highest point since June
2010, when AFFY shares took a 70% hit after the company's trial anemia drug
then called Hematide was reported to have greater cardiovascular risks than an
existing Amgen (NASDAQ: AMGN ) product. Affymax stock finished Thursday at
$7.99, up 36%. Three Up DemandTec (NASDAQ: DMAN ): Up 55.99% ($4.72) to $13.15.
Coinstar (NASDAQ: CSTR ): Up 7.84% ($3.45) to $47.45. Sodastream International
(NASDAQ: SODA ): Up 2.36% (83 cents) to ($35.96). Three Down Melco Crown
Entertainment (NASDAQ: MPEL ): Down 6.7% (65 cents) to $9.05. Nokia (NYSE: NOK
): Down 6.19% (33 cents) to $5. Juniper Networks (NASDAQ: JNPR ): Down 5.91%
($1.26) to $20.05. As of this writing, Kyle Woodley did not hold a position in
any of the aforementioned stocks. Check out our list of previous IP Market
Recaps .
a halt Thursday as the head of the European Central Bank gave a pessimistic
outlook for tomorrow's Brussels meeting, killing the market's three-day
climb and sending bank shareholders to the exits. While the ECB dropped interest
rates to an all-time low 1% and said it would open up three-year loans to euro
zone banks, negative comments about the low possibility of lending to the
International Monetary Fund which then would lend the money to euro zone
members in a form of quantitative easing soured the markets. The Dow Jones
tumbled nearly 200 points by day's end. European financials like Royal Bank of
Scotland (NYSE: RBS , -7.93%) and Deutsche Bank (NYSE: DB , -7.76%) were
torched, as was U.S.-based Morgan Stanley (NYSE: MS , -8.42%), which is thought
to have significant exposure to a European debt crisis. The fallout also
trickled down to national banking giants Citigroup (NYSE: C , -6.97%), JPMorgan
Chase (NYSE: JPM , -5.24%) and Bank of America (NYSE: BAC , -5.09%). Electric
vehicle maker Tesla Motors (NASDAQ: TSLA ) had more than enough problems without
the general market sentiment Thursday, with TSLA stock plunging almost 10% to
$30.89 after Morgan Stanley's Adam Jonas hacked his price target by 37% and
downgraded Tesla to underweight. Jonas expressed satisfaction with Tesla's
performance, with the pessimism instead focused toward the entire electric
vehicle industry. On the opposite side of the spectrum, Affymax (NASDAQ: AFFY )
whose stock suffered through a roller-coaster ride earlier this week hinging on
the fate of its experimental anemia medicine, peginesatide spiked Thursday on
news that advisers to the Food and Drug Administration would back its drug.
During the day, Affymax stock almost reached $8.50, its highest point since June
2010, when AFFY shares took a 70% hit after the company's trial anemia drug
then called Hematide was reported to have greater cardiovascular risks than an
existing Amgen (NASDAQ: AMGN ) product. Affymax stock finished Thursday at
$7.99, up 36%. Three Up DemandTec (NASDAQ: DMAN ): Up 55.99% ($4.72) to $13.15.
Coinstar (NASDAQ: CSTR ): Up 7.84% ($3.45) to $47.45. Sodastream International
(NASDAQ: SODA ): Up 2.36% (83 cents) to ($35.96). Three Down Melco Crown
Entertainment (NASDAQ: MPEL ): Down 6.7% (65 cents) to $9.05. Nokia (NYSE: NOK
): Down 6.19% (33 cents) to $5. Juniper Networks (NASDAQ: JNPR ): Down 5.91%
($1.26) to $20.05. As of this writing, Kyle Woodley did not hold a position in
any of the aforementioned stocks. Check out our list of previous IP Market
Recaps .
Google Alert - gas prices today
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| Commodities fall as European crisis worries deepen USA Today NEW YORK (AP) – Metals and most energy prices fell Thursday as concerns deepened about Europe's efforts to deal with its crippling debt crisis. Gold, palladium and oil each fell about 2% while silver finished down 3.3%. Natural gas, corn and soybeans ... See all stories on this topic » | ||
| The Reason Why Natural Gas Is So Cheap Seeking Alpha That commodity is natural gas. Natural gas is trading, today, 80% below the price peak it reached as far back as December 2005. So what happened here? In a single word, what happened was technology. Technology for natural gas exploration evolved and ... See all stories on this topic » |
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Google Alert - antiques coin
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| Precious metal mystery after huge gold imports Stuff.co.nz Imports of collector pieces and antiques were up $67m, also mainly because of gold coins. After querying the shipments with Customs, Statistics NZ put the ... |
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COMEX Gold Plunges amid Liquidation on Wall Street
Gold futures posted steep losses on Thursday amid widespread weakness in
commodities and equities. COMEX gold futures per the February 2012 contract
finished the session lower by $31.40, or 1.8%, at $1,713.40 per ounce.
commodities and equities. COMEX gold futures per the February 2012 contract
finished the session lower by $31.40, or 1.8%, at $1,713.40 per ounce.
2 ETFs for ‘Risk-On’ Trade in a Volatile Market
Throughout most of this wild market year, we've seen stocks behaving more
like an on-off switch than a dimmer. It's either been a big, suffocating bear,
or a full-tilt boogie bull. The latest example of these volatile price extremes
came over the past couple of weeks, as the mood in the markets was convincingly
bearish on the big selling leading up to the Thanksgiving holiday. Then we saw
great Black Friday and Cyber Monday sales, which wet bullish appetites, and that
was followed by the news of a coordinated action by the world's biggest
central banks that will essentially provide private banks easier access to
dollars. That news prompted huge buying in stocks that pushed the Dow up nearly
500 points on
like an on-off switch than a dimmer. It's either been a big, suffocating bear,
or a full-tilt boogie bull. The latest example of these volatile price extremes
came over the past couple of weeks, as the mood in the markets was convincingly
bearish on the big selling leading up to the Thanksgiving holiday. Then we saw
great Black Friday and Cyber Monday sales, which wet bullish appetites, and that
was followed by the news of a coordinated action by the world's biggest
central banks that will essentially provide private banks easier access to
dollars. That news prompted huge buying in stocks that pushed the Dow up nearly
500 points on
Amazon Children’s Book Deal a Low-Cost Route to Growth
Its manifest destiny for Amazon (NASDAQ: AMZN )! What used to be little more
than the Internets biggest bookstore has transformed itself into a lumbering,
$88 billion market behemoth trading in everything from proprietary handheld
gadgets to shoes for the unusually tall. While Amazon has made the bulk of its
headlines at the end of 2011 thanks to its Kindle Fire tablet, a quieter story
about Jeff Bezos great machine has been unfolding one that has seen the company
returning to its roots in books. Amazon Publishing, the companys very own book
imprint, has been growing at an exponential rate over the past 12 months. The
latest territory taken by Amazon Publishing: childrens books. A Tuesday article
in The New York Times said that Amazon purchased the rights to more than 450
titles from Marshall Cavendish Childrens Books, a subsidiary of Singapore-based
Times Publishing Group. While Amazon has published a few childrens titles under
its Amazon Encore imprint Encores domain typically is reprinting titles that
were independently published in small print runs this acquisition represents
the companys first aggressive push into the category. Most significant about
Amazons new place in the childrens books market is what it represents for the
companys broader e-book business. Vice president of Amazon Publishing Jeff Belle
told the WSJ , (Childrens books are) a case where theres a great list of books
that have not been digitized. Hes right. While Amazon has had great success with
its Kindle e-readers and has helped set the standard for the market, a number of
book types have simply been blocked off from its e-book operation. The
black-and-white Kindle e-reader, and even color ink e-readers like Barnes &
Noble s (NYSE: BKS ) Nook Color, havent been able to properly reproduce the
large page format and bright coloring of childrens picture books. In turn, the
Kindle e-book business has been cut off from a huge part of the $1.2
billion-per-year childrens books market . The Kindle Fire and Nook Tablet
computers with their clear, back-lit LCD screens can better replicate the
vivid images that make childrens books such marketable products. This expansion
is just one more victory for Amazons publishing imprint in 2011. The company
staged something of a coup in landing exclusive publishing rights to self-help
author Timothy Ferriss new book in August . Between its Kindle business and
Amazon Publishing, the company could end up controlling 50% of the entire book
market by the end of 2012. Whats more, Amazon can continue expanding. With
graphic-heavy texts like picture books now within Amazons reach, it can begin
branching out its e-book publishing business into other image-intensive book
types. Amazon can acquire the rights to crafting books, photography books, even
coffee-table-style luxury books. And best of all? Amazon Publishing with its
growing domination of the entire book chain represents a welcome, low-cost
avenue of growth for the company. Part of what has kept Amazons stock down
lately is the companys massive spending over the course of 2011, including
acquisitions of other companies, TV and film content licensing for the Amazon
Prime streaming video service, and R&D and manufacturing costs for the Kindle
Fire (a device sold at a loss). In 2012, the company could use the chance to
scale back a little and watch its investments ripen. Being able to build part of
its company without breaking the bank will help. As of this writing, Anthony
John Agnello did not own a position in any of the stocks named here. Follow him
on Twitter at
than the Internets biggest bookstore has transformed itself into a lumbering,
$88 billion market behemoth trading in everything from proprietary handheld
gadgets to shoes for the unusually tall. While Amazon has made the bulk of its
headlines at the end of 2011 thanks to its Kindle Fire tablet, a quieter story
about Jeff Bezos great machine has been unfolding one that has seen the company
returning to its roots in books. Amazon Publishing, the companys very own book
imprint, has been growing at an exponential rate over the past 12 months. The
latest territory taken by Amazon Publishing: childrens books. A Tuesday article
in The New York Times said that Amazon purchased the rights to more than 450
titles from Marshall Cavendish Childrens Books, a subsidiary of Singapore-based
Times Publishing Group. While Amazon has published a few childrens titles under
its Amazon Encore imprint Encores domain typically is reprinting titles that
were independently published in small print runs this acquisition represents
the companys first aggressive push into the category. Most significant about
Amazons new place in the childrens books market is what it represents for the
companys broader e-book business. Vice president of Amazon Publishing Jeff Belle
told the WSJ , (Childrens books are) a case where theres a great list of books
that have not been digitized. Hes right. While Amazon has had great success with
its Kindle e-readers and has helped set the standard for the market, a number of
book types have simply been blocked off from its e-book operation. The
black-and-white Kindle e-reader, and even color ink e-readers like Barnes &
Noble s (NYSE: BKS ) Nook Color, havent been able to properly reproduce the
large page format and bright coloring of childrens picture books. In turn, the
Kindle e-book business has been cut off from a huge part of the $1.2
billion-per-year childrens books market . The Kindle Fire and Nook Tablet
computers with their clear, back-lit LCD screens can better replicate the
vivid images that make childrens books such marketable products. This expansion
is just one more victory for Amazons publishing imprint in 2011. The company
staged something of a coup in landing exclusive publishing rights to self-help
author Timothy Ferriss new book in August . Between its Kindle business and
Amazon Publishing, the company could end up controlling 50% of the entire book
market by the end of 2012. Whats more, Amazon can continue expanding. With
graphic-heavy texts like picture books now within Amazons reach, it can begin
branching out its e-book publishing business into other image-intensive book
types. Amazon can acquire the rights to crafting books, photography books, even
coffee-table-style luxury books. And best of all? Amazon Publishing with its
growing domination of the entire book chain represents a welcome, low-cost
avenue of growth for the company. Part of what has kept Amazons stock down
lately is the companys massive spending over the course of 2011, including
acquisitions of other companies, TV and film content licensing for the Amazon
Prime streaming video service, and R&D and manufacturing costs for the Kindle
Fire (a device sold at a loss). In 2012, the company could use the chance to
scale back a little and watch its investments ripen. Being able to build part of
its company without breaking the bank will help. As of this writing, Anthony
John Agnello did not own a position in any of the stocks named here. Follow him
on Twitter at
Top 10 Best-Rated Biotech Stocks: WX, CRIS, AEGR, HALO, KERX, PCYC, TSRX, ANTH, BPAX, AVEO (Dec 08, 2011)
Below are the top 10 best-rated Biotech stocks, based on the percentage of
positive ratings by brokerage analysts. One Chinese company (WX) is on the list.
WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 14 brokerage
analysts covering it. Curis, Inc. (NASDAQ:CRIS) is the second best-rated stock
in this segment of the market. It is rated positively by 100% of the 9 brokerage
analysts covering it. Aegerion Pharmaceuticals, Inc. (NASDAQ:AEGR) is the third
best-rated stock in this segment of the market. It is rated positively by 100%
of the 8 brokerage analysts covering it. Halozyme Therapeutics, Inc.
(NASDAQ:HALO) is the fourth best-rated stock in this segment of the market. It
is rated positively by 100% of the 8 brokerage analysts covering it. Keryx
Biopharmaceuticals (NASDAQ:KERX) is the fifth best-rated stock in this segment
of the market. It is rated positively by 100% of the 8 brokerage analysts
covering it. Pharmacyclics, Inc. (NASDAQ:PCYC) is the sixth best-rated stock in
this segment of the market. It is rated positively by 100% of the 8 brokerage
analysts covering it. Trius Therapeutics, Inc. (NASDAQ:TSRX) is the seventh
best-rated stock in this segment of the market. It is rated positively by 100%
of the 8 brokerage analysts covering it. Anthera Pharmaceuticals Inc
(NASDAQ:ANTH) is the eighth best-rated stock in this segment of the market. It
is rated positively by 100% of the 7 brokerage analysts covering it. BioSante
Pharmaceuticals, Inc. (NASDAQ:BPAX) is the ninth best-rated stock in this
segment of the market. It is rated positively by 100% of the 7 brokerage
analysts covering it. AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) is the 10th
best-rated stock in this segment of the market. It is rated positively by 100%
of the 6 brokerage analysts covering it.
positive ratings by brokerage analysts. One Chinese company (WX) is on the list.
WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 14 brokerage
analysts covering it. Curis, Inc. (NASDAQ:CRIS) is the second best-rated stock
in this segment of the market. It is rated positively by 100% of the 9 brokerage
analysts covering it. Aegerion Pharmaceuticals, Inc. (NASDAQ:AEGR) is the third
best-rated stock in this segment of the market. It is rated positively by 100%
of the 8 brokerage analysts covering it. Halozyme Therapeutics, Inc.
(NASDAQ:HALO) is the fourth best-rated stock in this segment of the market. It
is rated positively by 100% of the 8 brokerage analysts covering it. Keryx
Biopharmaceuticals (NASDAQ:KERX) is the fifth best-rated stock in this segment
of the market. It is rated positively by 100% of the 8 brokerage analysts
covering it. Pharmacyclics, Inc. (NASDAQ:PCYC) is the sixth best-rated stock in
this segment of the market. It is rated positively by 100% of the 8 brokerage
analysts covering it. Trius Therapeutics, Inc. (NASDAQ:TSRX) is the seventh
best-rated stock in this segment of the market. It is rated positively by 100%
of the 8 brokerage analysts covering it. Anthera Pharmaceuticals Inc
(NASDAQ:ANTH) is the eighth best-rated stock in this segment of the market. It
is rated positively by 100% of the 7 brokerage analysts covering it. BioSante
Pharmaceuticals, Inc. (NASDAQ:BPAX) is the ninth best-rated stock in this
segment of the market. It is rated positively by 100% of the 7 brokerage
analysts covering it. AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) is the 10th
best-rated stock in this segment of the market. It is rated positively by 100%
of the 6 brokerage analysts covering it.
Google Inc. (NASDAQ:GOOG) Is Beating Apple: CEO
Google Inc. (NASDAQ:GOOG)s CEO has claimed that the Android operating system is
beating iPhone. Google Inc. (NASDAQ:GOOG) Is Beating Apple: CEO Google Inc.
(NASDAQ:GOOG) chief executive Eric Schmidt has claimed that his company's
Android software is beating Apple's iPhone. The introduction of the new Ice
Cream Sandwich build, coupled with a lower price, has helped the company to
succeed in the smart phone market. Schmidt said, "Android is ahead of the
iPhone now. Ultimately, application vendors are driven by volume, and volume is
favored by the open approach Google Inc. (NASDAQ:GOOG) is taking. There are so
many manufacturers working to deliver Android phones globally. Whether you like
Android or not, you will support that platform, and maybe you'll even deliver
it first". Google Inc. (NASDAQ:GOOG) stocks are currently standing at 623.39.
Price History Last Price: 623.39 52 Week Low / High: 473.02 / 642.96 50 Day
Moving Average: 579.17 6 Month Price Change %: 20.1% 12 Month Price Change %:
6.2%
beating iPhone. Google Inc. (NASDAQ:GOOG) Is Beating Apple: CEO Google Inc.
(NASDAQ:GOOG) chief executive Eric Schmidt has claimed that his company's
Android software is beating Apple's iPhone. The introduction of the new Ice
Cream Sandwich build, coupled with a lower price, has helped the company to
succeed in the smart phone market. Schmidt said, "Android is ahead of the
iPhone now. Ultimately, application vendors are driven by volume, and volume is
favored by the open approach Google Inc. (NASDAQ:GOOG) is taking. There are so
many manufacturers working to deliver Android phones globally. Whether you like
Android or not, you will support that platform, and maybe you'll even deliver
it first". Google Inc. (NASDAQ:GOOG) stocks are currently standing at 623.39.
Price History Last Price: 623.39 52 Week Low / High: 473.02 / 642.96 50 Day
Moving Average: 579.17 6 Month Price Change %: 20.1% 12 Month Price Change %:
6.2%
China Small Cap Stocks Heat Up; 5 Under $6 Worth A Look
China small cap stocks have been punished by sellers but it appears some trader
favorites are heating back up. The following stocks; YONG, DANG, RENN, CAST and
CNTF are priced around $5 or lower, usually have sizable short interest and are
capable of making solid runs when they heat up. RENN going from $6 $12 back in
August is a good example, you just need to swing them at the right time. Here is
what Im looking at from a technical perspective as we move toward the holidays.
Yongye International Inc. ( NASDAQ:YONG ) engages in the research, development,
manufacture, and sale of fulvic acid based liquid and powder nutrient compounds
for plants and animals, which are used in the agriculture industry in the
Peoples Republic of China. YONG has a book value of $6.40 with $80.38 million in
cash and $21.49 million in debt. There are 50.54 million shares outstanding and
the last reported short interest was 8.77 days to cover. E-commerce China
Dangdang Inc. ( NYSE:DANG ) operates as a business-to-consumer e-commerce
company in the Peoples Republic of China. DANG has a book value of $2.57 with
$244.8 million in cash and $0 debt. There are 79.27 million shares outstanding
and the last reported short interest was 4.38 days to cover. Renren Inc. (
NYSE:RENN ) operates a social networking Internet platform in China similar to
Facebook. Pretty solid backstop on RENN here with a book value of $3.11, $1.2
billion in cash and $0, I repeat $0 debt. There are 392.02 million shares
outstanding and the last reported short interest was 1.39 days to cover.
Chinacast Education Corp. ( NASDAQ:CAST ) provides post-secondary education and
e-learning services in China. CAST has a book value of $6, $171.61 million in
cash and $41.16 million in debt. There are 49.02 million shares outstanding and
the last reported short interest was 11.51 days to cover. China Techfaith
Wireless ( NASDAQ:CNTF ) operates as an original developed products provider
that is focused on the original design and sale of mobile phones in the Peoples
Republic of China and internationally. CNTF has a book value of $5.64, $236.30
million in cash and $290 thousand in debt. There are 52.93 million shares
outstanding and the last reported short interest was 1 day to cover.
favorites are heating back up. The following stocks; YONG, DANG, RENN, CAST and
CNTF are priced around $5 or lower, usually have sizable short interest and are
capable of making solid runs when they heat up. RENN going from $6 $12 back in
August is a good example, you just need to swing them at the right time. Here is
what Im looking at from a technical perspective as we move toward the holidays.
Yongye International Inc. ( NASDAQ:YONG ) engages in the research, development,
manufacture, and sale of fulvic acid based liquid and powder nutrient compounds
for plants and animals, which are used in the agriculture industry in the
Peoples Republic of China. YONG has a book value of $6.40 with $80.38 million in
cash and $21.49 million in debt. There are 50.54 million shares outstanding and
the last reported short interest was 8.77 days to cover. E-commerce China
Dangdang Inc. ( NYSE:DANG ) operates as a business-to-consumer e-commerce
company in the Peoples Republic of China. DANG has a book value of $2.57 with
$244.8 million in cash and $0 debt. There are 79.27 million shares outstanding
and the last reported short interest was 4.38 days to cover. Renren Inc. (
NYSE:RENN ) operates a social networking Internet platform in China similar to
Facebook. Pretty solid backstop on RENN here with a book value of $3.11, $1.2
billion in cash and $0, I repeat $0 debt. There are 392.02 million shares
outstanding and the last reported short interest was 1.39 days to cover.
Chinacast Education Corp. ( NASDAQ:CAST ) provides post-secondary education and
e-learning services in China. CAST has a book value of $6, $171.61 million in
cash and $41.16 million in debt. There are 49.02 million shares outstanding and
the last reported short interest was 11.51 days to cover. China Techfaith
Wireless ( NASDAQ:CNTF ) operates as an original developed products provider
that is focused on the original design and sale of mobile phones in the Peoples
Republic of China and internationally. CNTF has a book value of $5.64, $236.30
million in cash and $290 thousand in debt. There are 52.93 million shares
outstanding and the last reported short interest was 1 day to cover.
Thursday Apple Rumors: Apple Is Getting Macs in Motion
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Here are your Apple rumors and AAPL news items for Thursday: Macs to Get Microsoft Kinect-Style Interface? Apple Insider on Thursday reported on a newly public Apple (NASDAQ: AAPL ) patent application. The patent in question describes technology for Apple’s Mac laptop and desktop computers that will allow users to control the device without a keyboard or mouse, but instead by waving their hands in front of the screen. The “Three-Dimensional Imaging and Display System” is similar to Microsoft ‘s (NASDAQ: MSFT ) Kinect device. Kinect — available on the Xbox 360 game console and Windows PCs — allows users to control their devices using only broad motions with their hands and arms, as well as their voice . Apple’s filing describes technology that would be “economical, small, portable, and versatile,” hinting that the motion-control technology would be included with its successful line of MacBook Air laptops. Google exec Predicts Google TV Domination in 2012: Google (NASDAQ: GOOG ) executive chairman Eric Schmidt is awfully confident that Google TV — the company’s Internet TV platform built into Sony ‘s (NYSE: SNE ) Internet Television HDTVs — is going to be successful next year. According to a Paid Content report (via Apple Insider ), Schmidt spoke at the Le Web conference in France this week and said, “By the summer of 2012, the majority of the televisions you see in stores will have Google TV embedded in it.” Considering Google TV has been a black eye for Google since it released in October 2010, it’s hard to imagine Schmidt’s prediction coming true. To date, Google TV has only come built in two retail products — Sony’s aforementioned televisions and Logitech ‘s (NASDAQ: LOGI ) Revue set-top boxes. The Revue performed terribly for Logitech, costing the company an alleged $100 million in profits, leading CEO Geurrino De Luca to say that partnering with Google for the device was a “big mistake.” Apple is expected to deliver its own Internet-connected television by the middle of 2012. If Schmidt’s prediction is true, Google TV had better change dramatically between now and then to compete for consumer attention. iPad 3 Will Be Thicker Than Current Model: For the obsessive consumer patiently waiting for news about next year’s iPad model, Japanese blog Macotakara (via Mac Rumors ) has some new details for you. In particular is word that the new iPad 3 will have a significantly thicker body than the iPad 2, though it will have the same 9.7-inch screen. The report includes an image of what might be a prototype of the new model. As of this writing, Anthony John Agnello did not hold a position in any of the aforementioned stocks. Follow him on Twitter at
A Traders Perspective; 5 China Small Cap Stocks Heat Up
XCSFDHG46767FHJHJF
tdp2664 Penny Stock Live China small cap stocks have been punished by sellers but it appears some trader favorites are heating back up. The following stocks; YONG, DANG, RENN, CAST and CNTF are priced around $5 or lower, usually have sizable short interest and are capable of making solid runs when they heat up. RENN going from $6 – $12 back in August is a good example, you just need to swing them at the right time. Here is what I’m looking at from a technical perspective as we move toward the holidays. Yongye International Inc. ( NASDAQ:YONG ) engages in the research, development, manufacture, and sale of fulvic acid based liquid and powder nutrient compounds for plants and animals, which are used in the agriculture industry in the People’s Republic of China. YONG has a book value of $6.40 with $80.38 million in cash and $21.49 million in debt. There are 50.54 million shares outstanding and the last reported short interest was 8.77 days to cover. E-commerce China Dangdang Inc. ( NYSE:DANG ) operates as a business-to-consumer e-commerce company in the People’s Republic of China. DANG has a book value of $2.57 with $244.8 million in cash and $0 debt. There are 79.27 million shares outstanding and the last reported short interest was 4.38 days to cover. Renren Inc. ( NYSE:RENN ) operates a social networking Internet platform in China similar to Facebook. Pretty solid backstop on RENN here with a book value of $3.11, $1.2 billion in cash and $0, I repeat $0 debt. There are 392.02 million shares outstanding and the last reported short interest was 1.39 days to cover. Chinacast Education Corp. ( NASDAQ:CAST ) provides post-secondary education and e-learning services in China. CAST has a book value of $6, $171.61 million in cash and $41.16 million in debt. There are 49.02 million shares outstanding and the last reported short interest was 11.51 days to cover. China Techfaith Wireless ( NASDAQ:CNTF ) operates as an original developed products provider that is focused on the original design and sale of mobile phones in the People’s Republic of China and internationally. CNTF has a book value of $5.64, $236.30 million in cash and $290 thousand in debt. There are 52.93 million shares outstanding and the last reported short interest was 1 day to cover.
Citigroup Inc. (NYSE:C) Begins Layoff Round
XCSFDHG46767FHJHJF
tdp2664 E money daily Citigroup Inc. (NYSE:C) has started a round of layoffs within its London investment banking division. Citigroup Inc. (NYSE:C) Begins Layoff Round As part of the company's plan to axe 4,500 jobs in the coming months, Citigroup Inc. (NYSE:C) has started layoffs in its London investment banking division. The bank will eliminate some positions in its mergers and acquisitions advisory, equities and foreign exchange divisions. The bank has already informed some bankers about the cuts. A spokesman for Citigroup Inc. (NYSE:C) said, "As part of our ongoing efforts to control expenses, we are making targeted headcount reduction in certain business and functions across Citigroup Inc. (NYSE:C)". Citigroup Inc. (NYSE:C) shares are currently standing at 29.83. Price History Last Price: 29.83 52 Week Low / High: 21.4 / 51.5 50 Day Moving Average: 28.11 6 Month Price Change %: -19.0% 12 Month Price Change %: -35.4%
Jamie Dimon’s Biggest Bet: On Europe
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace "Big jobs usually go to the men who prove their ability to outgrow small ones," Teddy Roosevelt once said. JPMorgan Chase (NYSE: JPM ) chairman and CEO Jamie Dimon — a history buff who often quotes TR — likely would agree. These days, the man who built Citigroup (NYSE: C ) with mentor Sandy Weill back in the ’80s and ’90s, captains a global financial services company with a $130 billion market cap and total assets of $2.3 trillion . Not a bad run for a guy who learned the brokerage business from his father and grandfather, and whose first job out of college was an internship at Goldman Sachs. But as the euro zone debt crisis continues to roil global markets, Dimon's biggest job yet will be balancing the risks of his bank's growing exposure to the region against the potential market-share coup JPM can score by rushing in, as Alexander Pope would say, "where angels fear to tread." The stakes are high. JPMorgan has bought and sold derivatives on a massive amount of debt held by the five most troubled euro zone economies. The total is "$100 billion by $100 billion," Dimon told a Goldman Sachs (NYSE: GS ) investors conference on Wednesday, adding: "I forgot the exact number." And Dimon is still buying. While competitors like Bank of America (NYSE:BAC) and Citigroup have cut their quarter-on-quarter exposure by 13% and 38%, respectively, JPM has done the opposite, the Financial Times reports . On June 30, JPM's derivative exposure stood at $14 billion on the so-called PIIGS (Portugal, Italy, Ireland, Greece and Spain). By mid-November, it had increased by nearly $2 billion. That's surely a contrarian way to play a crisis of this magnitude. But Dimon has never been one to follow the pack. Indeed, in 2009 Brendan Wood International named Dimon a Top Gun CEO. He still deserves those shiny gold wings (even if he does espouse some flimsy logic about income taxes on the rich ) for these reasons: He Believes in His Industry . Despite the headwinds facing investment banking — whether from Europe or from complex regulations that boost banks' capital requirements — he's still confident the industry in general (and JPM in particular) will roll with the punches and rise stronger. Still, Dimon said at Wednesday's conference that he expected "flat" investment banking revenue for the current quarter, with the possibility of a slide in mortgage banking. Credit card operations should show a small increase. Dimon also is convinced that the industry's current trough is cyclical, not structural — meaning the sector is a victim of bad timing more than bad practices. He Views Challenges as Opportunities . When Weill fired the Citigroup heir apparent in 1998, Dimon took up boxing to work out his anger. After tearing both rotator cuffs, he gave that up for running — then walked away from New York to run Bank One in Chicago. He axed managers, cut $1.5 billion in costs and shaped up sagging credit card operations. At the end of three years, Dimon had turned a half-billion dollar loss into a $3.5 billion profit. One year after that, he orchestrated JPMorgan's $58 billion acquisition of Bank One — merging Bank One's retail and credit card strengths with JPMorgan's asset management and investment banking savvy. By the time Bear Stearns crashed and burned on the subprime mortgage pyre in 2008, JPM — not the once-dominant Citi — was the only bank the government deemed strong enough to step in and take over Bear Stearns. He's Kept His Bank in Good Shape . Dimon has often characterized JPM, the largest U.S. bank holding company, as having a "fortress balance sheet" that can withstand shocks that crop up with little or no warning, while remaining agile enough to make the best deals in the worst times. That "fortress" focus kept JPM out of dodgier investments like “structured investment vehicles” and “collateralized debt obligations” that later came back to bite rivals like Citi and Merrill Lynch. As a result, JP Morgan Chase took a smaller hit than its peers during the financial meltdown. It also repaid the $25 billion in TARP money early. On Wednesday, Dimon changed that term to "battleship balance sheet" to illustrate JPM's financial strength. The company has a whopping $120 billion in Tier 1 capital, which includes disclosed reserves and equity capital. Dimon told the Goldman Sachs conference that by the end of 2012, JPM hopes to meet tougher Basel III requirements of bank capital equal to 9% of its risk-weighted assets. JPM also wants to repurchase stock and make a "modest" increase to the dividend. At $34, JPM is trading 22% above its 52-week low of $27.85 in October. The stock has a price/earnings-to-growth (PEG) ratio of 0.84, indicating it may be undervalued, and a current dividend yield of nearly 3%. Bottom Line: The clock is ticking on whether Dimon's bold move in Europe wins out — and whether the history he loves casts him as investment banking's heroic first responder, or one of Pope's proverbial fools. In the wake of S&P's dire warning on Monday that it could downgrade the credit ratings of 15 euro zone countries if leaders can't reach agreement on a fix for the crisis, Dimon's bold bet will be tested soon. EU leaders will start discussing a "fiscal compact" at a critical EU summit on Thursday, a change to existing treaties that reportedly would "fast-track" member approval and restore much-needed confidence to global markets. But that's hardly a done deal. Fitch Ratings recently reported that U.S. banks could be "greatly affected" if Europe’s debt crisis continues to spread beyond the PIIGS because "exposures to large European countries and banks are sizeable" — and greater than their exposure to "stressed markets." While Fitch noted that the U.S. banking industry is stable, and that most banks' fundamentals have improved, "unless the euro zone debt crisis is resolved in a timely and orderly manner, the broad outlook for U.S. banks will darken." Despite the odds, I wouldn't bet against Jamie Dimon. He's shown an uncanny ability to see light through the darkest skies — and that's a huge edge in a business that stands or falls on confidence. "Confidence is like a secret sauce," Dimon told CNBC back in August. "When you go to sleep at night, think about the following before you get depressed and you see the market down 500 points: The strength in the system will blow your socks off when it comes out of this malaise we’re in." As of this writing, Susan J. Aluise did not hold a position in any of the stocks named here.
Apple Inc. (NASDAQ:AAPL) Facing Huge China Payoff
XCSFDHG46767FHJHJF
tdp2664 E money daily It has been reported that Apple Inc. (NASDAQ:AAPL) may have to pay $1.6 billion to continue iPad sales in China. Apple Inc. (NASDAQ:AAPL) Facing Huge China Payoff In order to continue selling its iPads in China, the smartphone maker giant Apple Inc. (NASDAQ:AAPL) will need to pay as much as $1.6 billion to Chinese company Proview Technology Shenzhen. A Shenzhen court has rejected Apple Inc. (NASDAQ:AAPL)'s complaint against the company Proview Technology Shenzhen, which claimed to have registered the iPad trademark in the year 2000, before Apple Inc. (NASDAQ:AAPL) did. Apple Inc. (NASDAQ:AAPL) company shares are currently standing at 389.09. Price History Last Price: 389.09 52 Week Low / High: 310.5 / 426.7 50 Day Moving Average: 390.85 6 Month Price Change %: 17.1% 12 Month Price Change %: 22.3%
Jamie Dimon’s Biggest Bet: On Europe
"Big jobs usually go to the men who prove their ability to outgrow small
ones," Teddy Roosevelt once said. JPMorgan Chase (NYSE: JPM ) chairman and CEO
Jamie Dimon a history buff who often quotes TR likely would agree. These days,
the man who built Citigroup (NYSE: C ) with mentor Sandy Weill back in the 80s
and 90s, captains a global financial services company with a $130 billion market
cap and total assets of $2.3 trillion . Not a bad run for a guy who learned the
brokerage business from his father and grandfather, and whose first job out of
college was an internship at Goldman Sachs. But as the euro zone debt crisis
continues to roil global markets, Dimon's biggest job yet will be balancing
the risks of his bank's growing exposure to the region against the potential
market-share coup JPM can score by rushing in, as Alexander Pope would say,
"where angels fear to tread." The stakes are high. JPMorgan has bought and
sold derivatives on a massive amount of debt held by the five most troubled euro
zone economies. The total is "$100 billion by $100 billion," Dimon told a
Goldman Sachs (NYSE: GS ) investors conference on Wednesday, adding: "I forgot
the exact number." And Dimon is still buying. While competitors like Bank of
America (NYSE:BAC) and Citigroup have cut their quarter-on-quarter exposure by
13% and 38%, respectively, JPM has done the opposite, the Financial Times
reports . On June 30, JPM's derivative exposure stood at $14 billion on the
so-called PIIGS (Portugal, Italy, Ireland, Greece and Spain). By mid-November,
it had increased by nearly $2 billion. That's surely a contrarian way to play
a crisis of this magnitude. But Dimon has never been one to follow the pack.
Indeed, in 2009 Brendan Wood International named Dimon a Top Gun CEO. He still
deserves those shiny gold wings (even if he does espouse some flimsy logic about
income taxes on the rich ) for these reasons: He Believes in His Industry .
Despite the headwinds facing investment banking whether from Europe or from
complex regulations that boost banks' capital requirements he's still
confident the industry in general (and JPM in particular) will roll with the
punches and rise stronger. Still, Dimon said at Wednesday's conference that he
expected "flat" investment banking revenue for the current quarter, with the
possibility of a slide in mortgage banking. Credit card operations should show a
small increase. Dimon also is convinced that the industry's current trough is
cyclical, not structural meaning the sector is a victim of bad timing more than
bad practices. He Views Challenges as Opportunities . When Weill fired the
Citigroup heir apparent in 1998, Dimon took up boxing to work out his anger.
After tearing both rotator cuffs, he gave that up for running then walked away
from New York to run Bank One in Chicago. He axed managers, cut $1.5 billion in
costs and shaped up sagging credit card operations. At the end of three years,
Dimon had turned a half-billion dollar loss into a $3.5 billion profit. One year
after that, he orchestrated JPMorgan's $58 billion acquisition of Bank One
merging Bank One's retail and credit card strengths with JPMorgan's asset
management and investment banking savvy. By the time Bear Stearns crashed and
burned on the subprime mortgage pyre in 2008, JPM not the once-dominant Citi
was the only bank the government deemed strong enough to step in and take over
Bear Stearns. He's Kept His Bank in Good Shape . Dimon has often characterized
JPM, the largest U.S. bank holding company, as having a "fortress balance
sheet" that can withstand shocks that crop up with little or no warning, while
remaining agile enough to make the best deals in the worst times. That
"fortress" focus kept JPM out of dodgier investments like structured
investment vehicles and collateralized debt obligations that later came back to
bite rivals like Citi and Merrill Lynch. As a result, JP Morgan Chase took a
smaller hit than its peers during the financial meltdown. It also repaid the $25
billion in TARP money early. On Wednesday, Dimon changed that term to
"battleship balance sheet" to illustrate JPM's financial strength. The
company has a whopping $120 billion in Tier 1 capital, which includes disclosed
reserves and equity capital. Dimon told the Goldman Sachs conference that by the
end of 2012, JPM hopes to meet tougher Basel III requirements of bank capital
equal to 9% of its risk-weighted assets. JPM also wants to repurchase stock and
make a "modest" increase to the dividend. At $34, JPM is trading 22% above
its 52-week low of $27.85 in October. The stock has a price/earnings-to-growth
(PEG) ratio of 0.84, indicating it may be undervalued, and a current dividend
yield of nearly 3%. Bottom Line: The clock is ticking on whether Dimon's bold
move in Europe wins out and whether the history he loves casts him as
investment banking's heroic first responder, or one of Pope's proverbial
fools. In the wake of S&P's dire warning on Monday that it could downgrade the
credit ratings of 15 euro zone countries if leaders can't reach agreement on a
fix for the crisis, Dimon's bold bet will be tested soon. EU leaders will
start discussing a "fiscal compact" at a critical EU summit on Thursday, a
change to existing treaties that reportedly would "fast-track" member
approval and restore much-needed confidence to global markets. But that's
hardly a done deal. Fitch Ratings recently reported that U.S. banks could be
"greatly affected" if Europes debt crisis continues to spread beyond the
PIIGS because "exposures to large European countries and banks are sizeable"
and greater than their exposure to "stressed markets." While Fitch noted
that the U.S. banking industry is stable, and that most banks' fundamentals
have improved, "unless the euro zone debt crisis is resolved in a timely and
orderly manner, the broad outlook for U.S. banks will darken." Despite the
odds, I wouldn't bet against Jamie Dimon. He's shown an uncanny ability to
see light through the darkest skies and that's a huge edge in a business that
stands or falls on confidence. "Confidence is like a secret sauce," Dimon
told CNBC back in August. "When you go to sleep at night, think about the
following before you get depressed and you see the market down 500 points: The
strength in the system will blow your socks off when it comes out of this
malaise were in." As of this writing, Susan J. Aluise did not hold a position
in any of the stocks named here.
ones," Teddy Roosevelt once said. JPMorgan Chase (NYSE: JPM ) chairman and CEO
Jamie Dimon a history buff who often quotes TR likely would agree. These days,
the man who built Citigroup (NYSE: C ) with mentor Sandy Weill back in the 80s
and 90s, captains a global financial services company with a $130 billion market
cap and total assets of $2.3 trillion . Not a bad run for a guy who learned the
brokerage business from his father and grandfather, and whose first job out of
college was an internship at Goldman Sachs. But as the euro zone debt crisis
continues to roil global markets, Dimon's biggest job yet will be balancing
the risks of his bank's growing exposure to the region against the potential
market-share coup JPM can score by rushing in, as Alexander Pope would say,
"where angels fear to tread." The stakes are high. JPMorgan has bought and
sold derivatives on a massive amount of debt held by the five most troubled euro
zone economies. The total is "$100 billion by $100 billion," Dimon told a
Goldman Sachs (NYSE: GS ) investors conference on Wednesday, adding: "I forgot
the exact number." And Dimon is still buying. While competitors like Bank of
America (NYSE:BAC) and Citigroup have cut their quarter-on-quarter exposure by
13% and 38%, respectively, JPM has done the opposite, the Financial Times
reports . On June 30, JPM's derivative exposure stood at $14 billion on the
so-called PIIGS (Portugal, Italy, Ireland, Greece and Spain). By mid-November,
it had increased by nearly $2 billion. That's surely a contrarian way to play
a crisis of this magnitude. But Dimon has never been one to follow the pack.
Indeed, in 2009 Brendan Wood International named Dimon a Top Gun CEO. He still
deserves those shiny gold wings (even if he does espouse some flimsy logic about
income taxes on the rich ) for these reasons: He Believes in His Industry .
Despite the headwinds facing investment banking whether from Europe or from
complex regulations that boost banks' capital requirements he's still
confident the industry in general (and JPM in particular) will roll with the
punches and rise stronger. Still, Dimon said at Wednesday's conference that he
expected "flat" investment banking revenue for the current quarter, with the
possibility of a slide in mortgage banking. Credit card operations should show a
small increase. Dimon also is convinced that the industry's current trough is
cyclical, not structural meaning the sector is a victim of bad timing more than
bad practices. He Views Challenges as Opportunities . When Weill fired the
Citigroup heir apparent in 1998, Dimon took up boxing to work out his anger.
After tearing both rotator cuffs, he gave that up for running then walked away
from New York to run Bank One in Chicago. He axed managers, cut $1.5 billion in
costs and shaped up sagging credit card operations. At the end of three years,
Dimon had turned a half-billion dollar loss into a $3.5 billion profit. One year
after that, he orchestrated JPMorgan's $58 billion acquisition of Bank One
merging Bank One's retail and credit card strengths with JPMorgan's asset
management and investment banking savvy. By the time Bear Stearns crashed and
burned on the subprime mortgage pyre in 2008, JPM not the once-dominant Citi
was the only bank the government deemed strong enough to step in and take over
Bear Stearns. He's Kept His Bank in Good Shape . Dimon has often characterized
JPM, the largest U.S. bank holding company, as having a "fortress balance
sheet" that can withstand shocks that crop up with little or no warning, while
remaining agile enough to make the best deals in the worst times. That
"fortress" focus kept JPM out of dodgier investments like structured
investment vehicles and collateralized debt obligations that later came back to
bite rivals like Citi and Merrill Lynch. As a result, JP Morgan Chase took a
smaller hit than its peers during the financial meltdown. It also repaid the $25
billion in TARP money early. On Wednesday, Dimon changed that term to
"battleship balance sheet" to illustrate JPM's financial strength. The
company has a whopping $120 billion in Tier 1 capital, which includes disclosed
reserves and equity capital. Dimon told the Goldman Sachs conference that by the
end of 2012, JPM hopes to meet tougher Basel III requirements of bank capital
equal to 9% of its risk-weighted assets. JPM also wants to repurchase stock and
make a "modest" increase to the dividend. At $34, JPM is trading 22% above
its 52-week low of $27.85 in October. The stock has a price/earnings-to-growth
(PEG) ratio of 0.84, indicating it may be undervalued, and a current dividend
yield of nearly 3%. Bottom Line: The clock is ticking on whether Dimon's bold
move in Europe wins out and whether the history he loves casts him as
investment banking's heroic first responder, or one of Pope's proverbial
fools. In the wake of S&P's dire warning on Monday that it could downgrade the
credit ratings of 15 euro zone countries if leaders can't reach agreement on a
fix for the crisis, Dimon's bold bet will be tested soon. EU leaders will
start discussing a "fiscal compact" at a critical EU summit on Thursday, a
change to existing treaties that reportedly would "fast-track" member
approval and restore much-needed confidence to global markets. But that's
hardly a done deal. Fitch Ratings recently reported that U.S. banks could be
"greatly affected" if Europes debt crisis continues to spread beyond the
PIIGS because "exposures to large European countries and banks are sizeable"
and greater than their exposure to "stressed markets." While Fitch noted
that the U.S. banking industry is stable, and that most banks' fundamentals
have improved, "unless the euro zone debt crisis is resolved in a timely and
orderly manner, the broad outlook for U.S. banks will darken." Despite the
odds, I wouldn't bet against Jamie Dimon. He's shown an uncanny ability to
see light through the darkest skies and that's a huge edge in a business that
stands or falls on confidence. "Confidence is like a secret sauce," Dimon
told CNBC back in August. "When you go to sleep at night, think about the
following before you get depressed and you see the market down 500 points: The
strength in the system will blow your socks off when it comes out of this
malaise were in." As of this writing, Susan J. Aluise did not hold a position
in any of the stocks named here.
Gold Stocks (GDX) Tumble, Gold Drops to $1,718
GOLD STOCKS NEWS – Gold stocks tumbled Thursday morning, with the Market
Vectors Gold Miners ETF (GDX) falling $1.36, or 2.3%, to $57.60 per share.
Vectors Gold Miners ETF (GDX) falling $1.36, or 2.3%, to $57.60 per share.
Apple Inc. (NASDAQ:AAPL) Facing Huge China Payoff
It has been reported that Apple Inc. (NASDAQ:AAPL) may have to pay $1.6 billion
to continue iPad sales in China. Apple Inc. (NASDAQ:AAPL) Facing Huge China
Payoff In order to continue selling its iPads in China, the smartphone maker
giant Apple Inc. (NASDAQ:AAPL) will need to pay as much as $1.6 billion to
Chinese company Proview Technology Shenzhen. A Shenzhen court has rejected Apple
Inc. (NASDAQ:AAPL)'s complaint against the company Proview Technology
Shenzhen, which claimed to have registered the iPad trademark in the year 2000,
before Apple Inc. (NASDAQ:AAPL) did. Apple Inc. (NASDAQ:AAPL) company shares are
currently standing at 389.09. Price History Last Price: 389.09 52 Week Low /
High: 310.5 / 426.7 50 Day Moving Average: 390.85 6 Month Price Change %: 17.1%
12 Month Price Change %: 22.3%
to continue iPad sales in China. Apple Inc. (NASDAQ:AAPL) Facing Huge China
Payoff In order to continue selling its iPads in China, the smartphone maker
giant Apple Inc. (NASDAQ:AAPL) will need to pay as much as $1.6 billion to
Chinese company Proview Technology Shenzhen. A Shenzhen court has rejected Apple
Inc. (NASDAQ:AAPL)'s complaint against the company Proview Technology
Shenzhen, which claimed to have registered the iPad trademark in the year 2000,
before Apple Inc. (NASDAQ:AAPL) did. Apple Inc. (NASDAQ:AAPL) company shares are
currently standing at 389.09. Price History Last Price: 389.09 52 Week Low /
High: 310.5 / 426.7 50 Day Moving Average: 390.85 6 Month Price Change %: 17.1%
12 Month Price Change %: 22.3%
Thursday Apple Rumors: Apple Is Getting Macs in Motion
Here are your Apple rumors and AAPL news items for Thursday: Macs to Get
Microsoft Kinect-Style Interface? Apple Insider on Thursday reported on a newly
public Apple (NASDAQ: AAPL ) patent application. The patent in question
describes technology for Apples Mac laptop and desktop computers that will allow
users to control the device without a keyboard or mouse, but instead by waving
their hands in front of the screen. The Three-Dimensional Imaging and Display
System is similar to Microsoft s (NASDAQ: MSFT ) Kinect device. Kinect
available on the Xbox 360 game console and Windows PCs allows users to control
their devices using only broad motions with their hands and arms, as well as
their voice . Apples filing describes technology that would be economical,
small, portable, and versatile, hinting that the motion-control technology would
be included with its successful line of MacBook Air laptops. Google exec
Predicts Google TV Domination in 2012: Google (NASDAQ: GOOG ) executive chairman
Eric Schmidt is awfully confident that Google TV the companys Internet TV
platform built into Sony s (NYSE: SNE ) Internet Television HDTVs is going to
be successful next year. According to a Paid Content report (via Apple Insider
), Schmidt spoke at the Le Web conference in France this week and said, By the
summer of 2012, the majority of the televisions you see in stores will have
Google TV embedded in it. Considering Google TV has been a black eye for Google
since it released in October 2010, its hard to imagine Schmidts prediction
coming true. To date, Google TV has only come built in two retail products
Sonys aforementioned televisions and Logitech s (NASDAQ: LOGI ) Revue set-top
boxes. The Revue performed terribly for Logitech, costing the company an alleged
$100 million in profits, leading CEO Geurrino De Luca to say that partnering
with Google for the device was a big mistake. Apple is expected to deliver its
own Internet-connected television by the middle of 2012. If Schmidts prediction
is true, Google TV had better change dramatically between now and then to
compete for consumer attention. iPad 3 Will Be Thicker Than Current Model: For
the obsessive consumer patiently waiting for news about next years iPad model,
Japanese blog Macotakara (via Mac Rumors ) has some new details for you. In
particular is word that the new iPad 3 will have a significantly thicker body
than the iPad 2, though it will have the same 9.7-inch screen. The report
includes an image of what might be a prototype of the new model. As of this
writing, Anthony John Agnello did not hold a position in any of the
aforementioned stocks. Follow him on Twitter at
Microsoft Kinect-Style Interface? Apple Insider on Thursday reported on a newly
public Apple (NASDAQ: AAPL ) patent application. The patent in question
describes technology for Apples Mac laptop and desktop computers that will allow
users to control the device without a keyboard or mouse, but instead by waving
their hands in front of the screen. The Three-Dimensional Imaging and Display
System is similar to Microsoft s (NASDAQ: MSFT ) Kinect device. Kinect
available on the Xbox 360 game console and Windows PCs allows users to control
their devices using only broad motions with their hands and arms, as well as
their voice . Apples filing describes technology that would be economical,
small, portable, and versatile, hinting that the motion-control technology would
be included with its successful line of MacBook Air laptops. Google exec
Predicts Google TV Domination in 2012: Google (NASDAQ: GOOG ) executive chairman
Eric Schmidt is awfully confident that Google TV the companys Internet TV
platform built into Sony s (NYSE: SNE ) Internet Television HDTVs is going to
be successful next year. According to a Paid Content report (via Apple Insider
), Schmidt spoke at the Le Web conference in France this week and said, By the
summer of 2012, the majority of the televisions you see in stores will have
Google TV embedded in it. Considering Google TV has been a black eye for Google
since it released in October 2010, its hard to imagine Schmidts prediction
coming true. To date, Google TV has only come built in two retail products
Sonys aforementioned televisions and Logitech s (NASDAQ: LOGI ) Revue set-top
boxes. The Revue performed terribly for Logitech, costing the company an alleged
$100 million in profits, leading CEO Geurrino De Luca to say that partnering
with Google for the device was a big mistake. Apple is expected to deliver its
own Internet-connected television by the middle of 2012. If Schmidts prediction
is true, Google TV had better change dramatically between now and then to
compete for consumer attention. iPad 3 Will Be Thicker Than Current Model: For
the obsessive consumer patiently waiting for news about next years iPad model,
Japanese blog Macotakara (via Mac Rumors ) has some new details for you. In
particular is word that the new iPad 3 will have a significantly thicker body
than the iPad 2, though it will have the same 9.7-inch screen. The report
includes an image of what might be a prototype of the new model. As of this
writing, Anthony John Agnello did not hold a position in any of the
aforementioned stocks. Follow him on Twitter at
Top 10 Best-Rated Apparel Stocks: OXM, XNY, ICON, DECK, GIII, PERY, VRA, CROX, FOSL, TRLG (Dec 08, 2011)
Below are the top 10 best-rated Apparel stocks, based on the percentage of
positive ratings by brokerage analysts. One Chinese company (XNY) is on the
list. Oxford Industries, Inc. (NYSE:OXM) is the first best-rated stock in this
segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. China Xiniya Fashion Ltd (ADR) (NYSE:XNY) is the second
best-rated stock in this segment of the market. It is rated positively by 100%
of the 4 brokerage analysts covering it. Iconix Brand Group, Inc. (NASDAQ:ICON)
is the third best-rated stock in this segment of the market. It is rated
positively by 88% of the 8 brokerage analysts covering it. Deckers Outdoor
Corporation (NASDAQ:DECK) is the fourth best-rated stock in this segment of the
market. It is rated positively by 87% of the 15 brokerage analysts covering it.
G-III Apparel Group, Ltd. (NASDAQ:GIII) is the fifth best-rated stock in this
segment of the market. It is rated positively by 83% of the 6 brokerage analysts
covering it. Perry Ellis International, Inc. (NASDAQ:PERY) is the sixth
best-rated stock in this segment of the market. It is rated positively by 80% of
the 10 brokerage analysts covering it. Vera Bradley, Inc. (NASDAQ:VRA) is the
seventh best-rated stock in this segment of the market. It is rated positively
by 80% of the 10 brokerage analysts covering it. Crocs, Inc. (NASDAQ:CROX) is
the eighth best-rated stock in this segment of the market. It is rated
positively by 80% of the 5 brokerage analysts covering it. Fossil, Inc.
(NASDAQ:FOSL) is the ninth best-rated stock in this segment of the market. It is
rated positively by 77% of the 13 brokerage analysts covering it. True Religion
Apparel, Inc. (NASDAQ:TRLG) is the 10th best-rated stock in this segment of the
market. It is rated positively by 75% of the 8 brokerage analysts covering it.
positive ratings by brokerage analysts. One Chinese company (XNY) is on the
list. Oxford Industries, Inc. (NYSE:OXM) is the first best-rated stock in this
segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. China Xiniya Fashion Ltd (ADR) (NYSE:XNY) is the second
best-rated stock in this segment of the market. It is rated positively by 100%
of the 4 brokerage analysts covering it. Iconix Brand Group, Inc. (NASDAQ:ICON)
is the third best-rated stock in this segment of the market. It is rated
positively by 88% of the 8 brokerage analysts covering it. Deckers Outdoor
Corporation (NASDAQ:DECK) is the fourth best-rated stock in this segment of the
market. It is rated positively by 87% of the 15 brokerage analysts covering it.
G-III Apparel Group, Ltd. (NASDAQ:GIII) is the fifth best-rated stock in this
segment of the market. It is rated positively by 83% of the 6 brokerage analysts
covering it. Perry Ellis International, Inc. (NASDAQ:PERY) is the sixth
best-rated stock in this segment of the market. It is rated positively by 80% of
the 10 brokerage analysts covering it. Vera Bradley, Inc. (NASDAQ:VRA) is the
seventh best-rated stock in this segment of the market. It is rated positively
by 80% of the 10 brokerage analysts covering it. Crocs, Inc. (NASDAQ:CROX) is
the eighth best-rated stock in this segment of the market. It is rated
positively by 80% of the 5 brokerage analysts covering it. Fossil, Inc.
(NASDAQ:FOSL) is the ninth best-rated stock in this segment of the market. It is
rated positively by 77% of the 13 brokerage analysts covering it. True Religion
Apparel, Inc. (NASDAQ:TRLG) is the 10th best-rated stock in this segment of the
market. It is rated positively by 75% of the 8 brokerage analysts covering it.
A Traders Perspective; 5 China Small Cap Stocks Heat Up
China small cap stocks have been punished by sellers but it appears some trader
favorites are heating back up. The following stocks; YONG, DANG, RENN, CAST and
CNTF are priced around $5 or lower, usually have sizable short interest and are
capable of making solid runs when they heat up. RENN going from $6 $12 back in
August is a good example, you just need to swing them at the right time. Here is
what Im looking at from a technical perspective as we move toward the holidays.
Yongye International Inc. ( NASDAQ:YONG ) engages in the research, development,
manufacture, and sale of fulvic acid based liquid and powder nutrient compounds
for plants and animals, which are used in the agriculture industry in the
Peoples Republic of China. YONG has a book value of $6.40 with $80.38 million in
cash and $21.49 million in debt. There are 50.54 million shares outstanding and
the last reported short interest was 8.77 days to cover. E-commerce China
Dangdang Inc. ( NYSE:DANG ) operates as a business-to-consumer e-commerce
company in the Peoples Republic of China. DANG has a book value of $2.57 with
$244.8 million in cash and $0 debt. There are 79.27 million shares outstanding
and the last reported short interest was 4.38 days to cover. Renren Inc. (
NYSE:RENN ) operates a social networking Internet platform in China similar to
Facebook. Pretty solid backstop on RENN here with a book value of $3.11, $1.2
billion in cash and $0, I repeat $0 debt. There are 392.02 million shares
outstanding and the last reported short interest was 1.39 days to cover.
Chinacast Education Corp. ( NASDAQ:CAST ) provides post-secondary education and
e-learning services in China. CAST has a book value of $6, $171.61 million in
cash and $41.16 million in debt. There are 49.02 million shares outstanding and
the last reported short interest was 11.51 days to cover. China Techfaith
Wireless ( NASDAQ:CNTF ) operates as an original developed products provider
that is focused on the original design and sale of mobile phones in the Peoples
Republic of China and internationally. CNTF has a book value of $5.64, $236.30
million in cash and $290 thousand in debt. There are 52.93 million shares
outstanding and the last reported short interest was 1 day to cover.
favorites are heating back up. The following stocks; YONG, DANG, RENN, CAST and
CNTF are priced around $5 or lower, usually have sizable short interest and are
capable of making solid runs when they heat up. RENN going from $6 $12 back in
August is a good example, you just need to swing them at the right time. Here is
what Im looking at from a technical perspective as we move toward the holidays.
Yongye International Inc. ( NASDAQ:YONG ) engages in the research, development,
manufacture, and sale of fulvic acid based liquid and powder nutrient compounds
for plants and animals, which are used in the agriculture industry in the
Peoples Republic of China. YONG has a book value of $6.40 with $80.38 million in
cash and $21.49 million in debt. There are 50.54 million shares outstanding and
the last reported short interest was 8.77 days to cover. E-commerce China
Dangdang Inc. ( NYSE:DANG ) operates as a business-to-consumer e-commerce
company in the Peoples Republic of China. DANG has a book value of $2.57 with
$244.8 million in cash and $0 debt. There are 79.27 million shares outstanding
and the last reported short interest was 4.38 days to cover. Renren Inc. (
NYSE:RENN ) operates a social networking Internet platform in China similar to
Facebook. Pretty solid backstop on RENN here with a book value of $3.11, $1.2
billion in cash and $0, I repeat $0 debt. There are 392.02 million shares
outstanding and the last reported short interest was 1.39 days to cover.
Chinacast Education Corp. ( NASDAQ:CAST ) provides post-secondary education and
e-learning services in China. CAST has a book value of $6, $171.61 million in
cash and $41.16 million in debt. There are 49.02 million shares outstanding and
the last reported short interest was 11.51 days to cover. China Techfaith
Wireless ( NASDAQ:CNTF ) operates as an original developed products provider
that is focused on the original design and sale of mobile phones in the Peoples
Republic of China and internationally. CNTF has a book value of $5.64, $236.30
million in cash and $290 thousand in debt. There are 52.93 million shares
outstanding and the last reported short interest was 1 day to cover.
JPMorgan’s Jamie Dimon Thinks Fat-Cat CEOs Need a Tax Break
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace One could argue that JPMorgan Chase (NYSE: JPM ) CEO Jamie Dimon was playing to the cheap seats with his line Wednesday about how bad the rich investment bankers of New York have it these days. Dimon was, after all, speaking at an investor conference organized by Goldman Sachs (NYSE: GS ). But if the JPMorgan exec was trying to deflect criticism of the so-called "wealthiest 1%," he failed miserably. Dimon's one-liner was a rather uninteresting boilerplate, a typical response from a well-heeled CEO. "Acting like everyone who’s been successful is bad and that everyone who is rich is bad, I just don’t get it," Dimon said. "Most of us wage earners are paying 39.6% in taxes, and add in another 12% in New York state and city taxes, and we’re paying 50% of our income in taxes." Here's where it goes off the rails, though: Dimon is a liar if he's trying to make it look like half of what he earns is sucked back in taxes. Because like most fat-cat CEOs, he gets the lion's share of his income via stock options — not a nominal salary like John Q. Public. The JPMorgan Chase CEO saw his total compensation jump nearly 1,500% in 2010. Specifically, Jamie Dimon earned $20.8 million in 2010 from $1.3 million a year earlier, according to the SEC. The breakdown includes a $1 million salary, a $5 million bonus, nearly $8 million in stock awards and $6.2 million in option awards. But it gets worse. When you take into account his salary and bonuses, then add in the stock options exercised in 2010 based on previous awards — that is, stock given to him at depressed valuations across 2008 and 2009 — Dimon pulled in around $42 million. Capital gains taxes are not the same as the regular taxes Jamie Dimon is talking about in his little rant to other fat cats, investment bankers and rich folk at the Goldman Sachs conference. Some of those shares and stock options qualified for a rock-bottom rate of just 15% taxation. This is not to say Dimon doesn't earn his keep. He is one of the better bank CEOs out there — check out how he stacks up against the rest of the Dow leadership . JPMorgan Chase stock has held firm in the wake of the financial crisis even as other banks like Citigroup (NYSE: C ) and Bank of America (NYSE: BAC ) have continued to suffer. JPM stock is off about 25% in five years since the pre-Lehman days, while BAC and C are down about 90%. This fall, JPMorgan Chase also recently passed BofA to be the No. 1 bank in the U.S. by total assets. Warren Buffett laid bare the lie that the rich are overly burdened by taxes by revealing that, on the whole, he pays a smaller percentage of taxes than his secretary thanks to all the loopholes and benefits given to investment income over wages. While it makes sense for Jamie Dimon to reach out for sympathy from fellow rich New Yorkers, it is less likely he will get sympathy from the rest of us. Dimon deserves the fruits of his labors. But come on, Jamie — don't make yourself out to be a martyr. Jeff Reeves is the editor of InvestorPlace.com. Write him at editor@investorplace.com , follow him on Twitter via @JeffReevesIP and become a fan of InvestorPlace on Facebook . As of this writing, he did not own a position in any of the aforementioned stocks.
Google Inc. (NASDAQ:GOOG) To Remove Illegal Content
XCSFDHG46767FHJHJF
tdp2664 E money daily Google Inc. (NASDAQ:GOOG) has promised to remove illegal content in India. Google Inc. (NASDAQ:GOOG) To Remove Illegal Content The California based search company Google Inc. (NASDAQ:GOOG) said it will remove illegal content which breaks the company's terms of service in India. The announcement came after the government asked online companies to remove offensive materials from websites. Google Inc. (NASDAQ:GOOG) said in a statement, "We believe that access to information is the foundation of a free society. Google Inc. (NASDAQ:GOOG) Search helps spread knowledge, enabling people to find out about almost anything by typing a few words into a computer. Where content is illegal or breaks our terms of service we will continue to remove it". Google Inc. (NASDAQ:GOOG) stocks are currently standing at 623.39. Price History Last Price: 623.39 52 Week Low / High: 473.02 / 642.96 50 Day Moving Average: 579.17 6 Month Price Change %: 20.1% 12 Month Price Change %: 6.2%
Top 10 Best-Rated U.S.-Listed Chinese Stocks: WX, KH, XRS, BONA, CCIH, FENG, SPRD, AMAP, HSFT, QIHU (Dec 08, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the top 10 best-rated U.S.-listed Chinese stocks, based on the percentage of positive ratings by brokerage analysts. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the first best-rated stock in this segment of the market. It is rated positively by 100% of the 14 brokerage analysts covering it. China Kanghui Holdings (ADR) (NYSE:KH) is the second best-rated stock in this segment of the market. It is rated positively by 100% of the 7 brokerage analysts covering it. TAL Education Group (ADR) (NYSE:XRS) is the third best-rated stock in this segment of the market. It is rated positively by 100% of the 6 brokerage analysts covering it. Bona Film Group Ltd (ADR) (NASDAQ:BONA) is the fourth best-rated stock in this segment of the market. It is rated positively by 100% of the 5 brokerage analysts covering it. ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) is the fifth best-rated stock in this segment of the market. It is rated positively by 100% of the 5 brokerage analysts covering it. Phoenix New Media Ltd ADR (NYSE:FENG) is the sixth best-rated stock in this segment of the market. It is rated positively by 100% of the 5 brokerage analysts covering it. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is the seventh best-rated stock in this segment of the market. It is rated positively by 93% of the 14 brokerage analysts covering it. AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) is the eighth best-rated stock in this segment of the market. It is rated positively by 88% of the 8 brokerage analysts covering it. HiSoft Technology Internatnl Ltd (ADR) (NASDAQ:HSFT) is the ninth best-rated stock in this segment of the market. It is rated positively by 88% of the 8 brokerage analysts covering it. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the 10th best-rated stock in this segment of the market. It is rated positively by 88% of the 8 brokerage analysts covering it.
Apple Inc. (NASDAQ:AAPL) iPhone Gets Updated Flipboard
XCSFDHG46767FHJHJF
tdp2664 E money daily Flipboard has released a new version for Apple Inc. (NASDAQ:AAPL)’s iPhone smartphone. Apple Inc. (NASDAQ:AAPL) iPhone Gets Updated Flipboard With many new features, the previously iPad-only social media application Flipboard has finally released its latest version. The new application includes advanced syncing features that allows Apple Inc. (NASDAQ:AAPL) smartphone users to receive the same content on both their iPad and iPhone. Flipboard CEO Mike McCue said, "With the iPhone, we redesigned Flipboard for a new use case, where people want to find the things they care about even faster and multiple times every day. Flipboard for Apple Inc. (NASDAQ:AAPL) iPhone puts all the power of Flipboard in your pocket." Apple Inc. (NASDAQ:AAPL) company shares are currently standing at 389.09. Price History Last Price: 389.09 52 Week Low / High: 310.5 / 426.7 50 Day Moving Average: 390.85 6 Month Price Change %: 17.1% 12 Month Price Change %: 22.3%
Draghi Backs Off From Bond-Buying Idea, Gold Slides
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold futures turned sharply lower Thursday morning after European Central Bank (ECB) President Mario Draghi backed off from earlier comments that the ECB would consider increasing the amount of bonds it would purchase to stem the tide of the sovereign debt crisis. COMEX gold for February 2012 delivery – the most actively-traded contract – slid from near $1,745 to as low as $1,711.70 per ounce.
Gold Price Firm after ECB Rate Cut
GOLD PRICE NEWS – The gold price held firm Thursday morning near $1,745 per
ounce after the European Central Bank (ECB) cut its benchmark interest rate by
25 basis points to 1.0%, as expected.
ounce after the European Central Bank (ECB) cut its benchmark interest rate by
25 basis points to 1.0%, as expected.
Extorre Gold Mines (XG) hits more high-grade gold at Cerro Moro
DG365FD46564GFH654FU898
Read this article:
Extorre Gold Mines (XG) hits more high-grade gold at Cerro Moro
Apple Inc. (NASDAQ:AAPL) iPhone Gets Updated Flipboard
Flipboard has released a new version for Apple Inc. (NASDAQ:AAPL)s iPhone
smartphone. Apple Inc. (NASDAQ:AAPL) iPhone Gets Updated Flipboard With many new
features, the previously iPad-only social media application Flipboard has
finally released its latest version. The new application includes advanced
syncing features that allows Apple Inc. (NASDAQ:AAPL) smartphone users to
receive the same content on both their iPad and iPhone. Flipboard CEO Mike McCue
said, "With the iPhone, we redesigned Flipboard for a new use case, where
people want to find the things they care about even faster and multiple times
every day. Flipboard for Apple Inc. (NASDAQ:AAPL) iPhone puts all the power of
Flipboard in your pocket." Apple Inc. (NASDAQ:AAPL) company shares are
currently standing at 389.09. Price History Last Price: 389.09 52 Week Low /
High: 310.5 / 426.7 50 Day Moving Average: 390.85 6 Month Price Change %: 17.1%
12 Month Price Change %: 22.3%
smartphone. Apple Inc. (NASDAQ:AAPL) iPhone Gets Updated Flipboard With many new
features, the previously iPad-only social media application Flipboard has
finally released its latest version. The new application includes advanced
syncing features that allows Apple Inc. (NASDAQ:AAPL) smartphone users to
receive the same content on both their iPad and iPhone. Flipboard CEO Mike McCue
said, "With the iPhone, we redesigned Flipboard for a new use case, where
people want to find the things they care about even faster and multiple times
every day. Flipboard for Apple Inc. (NASDAQ:AAPL) iPhone puts all the power of
Flipboard in your pocket." Apple Inc. (NASDAQ:AAPL) company shares are
currently standing at 389.09. Price History Last Price: 389.09 52 Week Low /
High: 310.5 / 426.7 50 Day Moving Average: 390.85 6 Month Price Change %: 17.1%
12 Month Price Change %: 22.3%
JPMorgan’s Jamie Dimon Thinks Fat-Cat CEOs Need a Tax Break
One could argue that JPMorgan Chase (NYSE: JPM ) CEO Jamie Dimon was playing to
the cheap seats with his line Wednesday about how bad the rich investment
bankers of New York have it these days. Dimon was, after all, speaking at an
investor conference organized by Goldman Sachs (NYSE: GS ). But if the JPMorgan
exec was trying to deflect criticism of the so-called "wealthiest 1%," he
failed miserably. Dimon's one-liner was a rather uninteresting boilerplate, a
typical response from a well-heeled CEO. "Acting like everyone whos been
successful is bad and that everyone who is rich is bad, I just dont get it,"
Dimon said. "Most of us wage earners are paying 39.6% in taxes, and add in
another 12% in New York state and city taxes, and were paying 50% of our income
in taxes." Here's where it goes off the rails, though: Dimon is a liar if
he's trying to make it look like half of what he earns is sucked back in
taxes. Because like most fat-cat CEOs, he gets the lion's share of his income
via stock options not a nominal salary like John Q. Public. The JPMorgan Chase
CEO saw his total compensation jump nearly 1,500% in 2010. Specifically, Jamie
Dimon earned $20.8 million in 2010 from $1.3 million a year earlier, according
to the SEC. The breakdown includes a $1 million salary, a $5 million bonus,
nearly $8 million in stock awards and $6.2 million in option awards. But it gets
worse. When you take into account his salary and bonuses, then add in the stock
options exercised in 2010 based on previous awards that is, stock given to him
at depressed valuations across 2008 and 2009 Dimon pulled in around $42
million. Capital gains taxes are not the same as the regular taxes Jamie Dimon
is talking about in his little rant to other fat cats, investment bankers and
rich folk at the Goldman Sachs conference. Some of those shares and stock
options qualified for a rock-bottom rate of just 15% taxation. This is not to
say Dimon doesn't earn his keep. He is one of the better bank CEOs out there
check out how he stacks up against the rest of the Dow leadership . JPMorgan
Chase stock has held firm in the wake of the financial crisis even as other
banks like Citigroup (NYSE: C ) and Bank of America (NYSE: BAC ) have continued
to suffer. JPM stock is off about 25% in five years since the pre-Lehman days,
while BAC and C are down about 90%. This fall, JPMorgan Chase also recently
passed BofA to be the No. 1 bank in the U.S. by total assets. Warren Buffett
laid bare the lie that the rich are overly burdened by taxes by revealing that,
on the whole, he pays a smaller percentage of taxes than his secretary thanks to
all the loopholes and benefits given to investment income over wages. While it
makes sense for Jamie Dimon to reach out for sympathy from fellow rich New
Yorkers, it is less likely he will get sympathy from the rest of us. Dimon
deserves the fruits of his labors. But come on, Jamie don't make yourself out
to be a martyr. Jeff Reeves is the editor of InvestorPlace.com. Write him at
editor@investorplace.com , follow him on Twitter via @JeffReevesIP and become a
fan of InvestorPlace on Facebook . As of this writing, he did not own a position
in any of the aforementioned stocks.
the cheap seats with his line Wednesday about how bad the rich investment
bankers of New York have it these days. Dimon was, after all, speaking at an
investor conference organized by Goldman Sachs (NYSE: GS ). But if the JPMorgan
exec was trying to deflect criticism of the so-called "wealthiest 1%," he
failed miserably. Dimon's one-liner was a rather uninteresting boilerplate, a
typical response from a well-heeled CEO. "Acting like everyone whos been
successful is bad and that everyone who is rich is bad, I just dont get it,"
Dimon said. "Most of us wage earners are paying 39.6% in taxes, and add in
another 12% in New York state and city taxes, and were paying 50% of our income
in taxes." Here's where it goes off the rails, though: Dimon is a liar if
he's trying to make it look like half of what he earns is sucked back in
taxes. Because like most fat-cat CEOs, he gets the lion's share of his income
via stock options not a nominal salary like John Q. Public. The JPMorgan Chase
CEO saw his total compensation jump nearly 1,500% in 2010. Specifically, Jamie
Dimon earned $20.8 million in 2010 from $1.3 million a year earlier, according
to the SEC. The breakdown includes a $1 million salary, a $5 million bonus,
nearly $8 million in stock awards and $6.2 million in option awards. But it gets
worse. When you take into account his salary and bonuses, then add in the stock
options exercised in 2010 based on previous awards that is, stock given to him
at depressed valuations across 2008 and 2009 Dimon pulled in around $42
million. Capital gains taxes are not the same as the regular taxes Jamie Dimon
is talking about in his little rant to other fat cats, investment bankers and
rich folk at the Goldman Sachs conference. Some of those shares and stock
options qualified for a rock-bottom rate of just 15% taxation. This is not to
say Dimon doesn't earn his keep. He is one of the better bank CEOs out there
check out how he stacks up against the rest of the Dow leadership . JPMorgan
Chase stock has held firm in the wake of the financial crisis even as other
banks like Citigroup (NYSE: C ) and Bank of America (NYSE: BAC ) have continued
to suffer. JPM stock is off about 25% in five years since the pre-Lehman days,
while BAC and C are down about 90%. This fall, JPMorgan Chase also recently
passed BofA to be the No. 1 bank in the U.S. by total assets. Warren Buffett
laid bare the lie that the rich are overly burdened by taxes by revealing that,
on the whole, he pays a smaller percentage of taxes than his secretary thanks to
all the loopholes and benefits given to investment income over wages. While it
makes sense for Jamie Dimon to reach out for sympathy from fellow rich New
Yorkers, it is less likely he will get sympathy from the rest of us. Dimon
deserves the fruits of his labors. But come on, Jamie don't make yourself out
to be a martyr. Jeff Reeves is the editor of InvestorPlace.com. Write him at
editor@investorplace.com , follow him on Twitter via @JeffReevesIP and become a
fan of InvestorPlace on Facebook . As of this writing, he did not own a position
in any of the aforementioned stocks.
Draghi Backs Off From Bond-Buying Idea, Gold Slides
Gold futures turned sharply lower Thursday morning after European Central Bank
(ECB) President Mario Draghi backed off from earlier comments that the ECB would
consider increasing the amount of bonds it would purchase to stem the tide of
the sovereign debt crisis. COMEX gold for February 2012 delivery the most
actively-traded contract slid from near $1,745 to as low as $1,711.70 per
ounce.
(ECB) President Mario Draghi backed off from earlier comments that the ECB would
consider increasing the amount of bonds it would purchase to stem the tide of
the sovereign debt crisis. COMEX gold for February 2012 delivery the most
actively-traded contract slid from near $1,745 to as low as $1,711.70 per
ounce.
Google Inc. (NASDAQ:GOOG) To Remove Illegal Content
Google Inc. (NASDAQ:GOOG) has promised to remove illegal content in India.
Google Inc. (NASDAQ:GOOG) To Remove Illegal Content The California based search
company Google Inc. (NASDAQ:GOOG) said it will remove illegal content which
breaks the company's terms of service in India. The announcement came after
the government asked online companies to remove offensive materials from
websites. Google Inc. (NASDAQ:GOOG) said in a statement, "We believe that
access to information is the foundation of a free society. Google Inc.
(NASDAQ:GOOG) Search helps spread knowledge, enabling people to find out about
almost anything by typing a few words into a computer. Where content is illegal
or breaks our terms of service we will continue to remove it". Google Inc.
(NASDAQ:GOOG) stocks are currently standing at 623.39. Price History Last Price:
623.39 52 Week Low / High: 473.02 / 642.96 50 Day Moving Average: 579.17 6 Month
Price Change %: 20.1% 12 Month Price Change %: 6.2%
Google Inc. (NASDAQ:GOOG) To Remove Illegal Content The California based search
company Google Inc. (NASDAQ:GOOG) said it will remove illegal content which
breaks the company's terms of service in India. The announcement came after
the government asked online companies to remove offensive materials from
websites. Google Inc. (NASDAQ:GOOG) said in a statement, "We believe that
access to information is the foundation of a free society. Google Inc.
(NASDAQ:GOOG) Search helps spread knowledge, enabling people to find out about
almost anything by typing a few words into a computer. Where content is illegal
or breaks our terms of service we will continue to remove it". Google Inc.
(NASDAQ:GOOG) stocks are currently standing at 623.39. Price History Last Price:
623.39 52 Week Low / High: 473.02 / 642.96 50 Day Moving Average: 579.17 6 Month
Price Change %: 20.1% 12 Month Price Change %: 6.2%
Top 10 Best-Rated U.S.-Listed Chinese Stocks: WX, KH, XRS, BONA, CCIH, FENG, SPRD, AMAP, HSFT, QIHU (Dec 08, 2011)
Below are the top 10 best-rated U.S.-listed Chinese stocks, based on the
percentage of positive ratings by brokerage analysts. WuXi PharmaTech (Cayman)
Inc. (ADR) (NYSE:WX) is the first best-rated stock in this segment of the
market. It is rated positively by 100% of the 14 brokerage analysts covering it.
China Kanghui Holdings (ADR) (NYSE:KH) is the second best-rated stock in this
segment of the market. It is rated positively by 100% of the 7 brokerage
analysts covering it. TAL Education Group (ADR) (NYSE:XRS) is the third
best-rated stock in this segment of the market. It is rated positively by 100%
of the 6 brokerage analysts covering it. Bona Film Group Ltd (ADR) (NASDAQ:BONA)
is the fourth best-rated stock in this segment of the market. It is rated
positively by 100% of the 5 brokerage analysts covering it. ChinaCache
Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) is the fifth best-rated stock in this
segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. Phoenix New Media Ltd ADR (NYSE:FENG) is the sixth
best-rated stock in this segment of the market. It is rated positively by 100%
of the 5 brokerage analysts covering it. Spreadtrum Communications, Inc (ADR)
(NASDAQ:SPRD) is the seventh best-rated stock in this segment of the market. It
is rated positively by 93% of the 14 brokerage analysts covering it. AutoNavi
Holdings Ltd (ADR) (NASDAQ:AMAP) is the eighth best-rated stock in this segment
of the market. It is rated positively by 88% of the 8 brokerage analysts
covering it. HiSoft Technology Internatnl Ltd (ADR) (NASDAQ:HSFT) is the ninth
best-rated stock in this segment of the market. It is rated positively by 88% of
the 8 brokerage analysts covering it. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is
the 10th best-rated stock in this segment of the market. It is rated positively
by 88% of the 8 brokerage analysts covering it.
percentage of positive ratings by brokerage analysts. WuXi PharmaTech (Cayman)
Inc. (ADR) (NYSE:WX) is the first best-rated stock in this segment of the
market. It is rated positively by 100% of the 14 brokerage analysts covering it.
China Kanghui Holdings (ADR) (NYSE:KH) is the second best-rated stock in this
segment of the market. It is rated positively by 100% of the 7 brokerage
analysts covering it. TAL Education Group (ADR) (NYSE:XRS) is the third
best-rated stock in this segment of the market. It is rated positively by 100%
of the 6 brokerage analysts covering it. Bona Film Group Ltd (ADR) (NASDAQ:BONA)
is the fourth best-rated stock in this segment of the market. It is rated
positively by 100% of the 5 brokerage analysts covering it. ChinaCache
Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) is the fifth best-rated stock in this
segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. Phoenix New Media Ltd ADR (NYSE:FENG) is the sixth
best-rated stock in this segment of the market. It is rated positively by 100%
of the 5 brokerage analysts covering it. Spreadtrum Communications, Inc (ADR)
(NASDAQ:SPRD) is the seventh best-rated stock in this segment of the market. It
is rated positively by 93% of the 14 brokerage analysts covering it. AutoNavi
Holdings Ltd (ADR) (NASDAQ:AMAP) is the eighth best-rated stock in this segment
of the market. It is rated positively by 88% of the 8 brokerage analysts
covering it. HiSoft Technology Internatnl Ltd (ADR) (NASDAQ:HSFT) is the ninth
best-rated stock in this segment of the market. It is rated positively by 88% of
the 8 brokerage analysts covering it. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is
the 10th best-rated stock in this segment of the market. It is rated positively
by 88% of the 8 brokerage analysts covering it.
Value Investors Should Feel Like a ‘Kid in a Candy Store’
Barron's recently ran an interview with Joe Rosenberg , the chief investment
strategist of Loews Corp. (NYSE: L ), a New York-based conglomerate controlled
by the Tisch family that some have compared to Warren Buffett's Berkshire
Hathaway (NYSE: BRK.B ) Like Berkshire Hathaway and Prem Watsa's Fairfax
Financial, Loews is primarily an insurance company with a sizable investment
portfolio that tends to be invested with a strong emphasis on value. Rosenberg
has been in the business a long time, has a long history of strong returns and
has seen plenty of bear markets come and go. Chances are good that he's been
on Wall Street longer than many of this articles readers have been alive. He has
been around long enough to remember investing during the Cuban missile crisis.
In a business in which memories tend to be short, that kind of experience and
wisdom is hard to find. I found many of his comments encouraging, and I wanted
to repeat them here. On the attractiveness of current valuations: "In my 50
years on Wall Street, it is rare that I've been so attracted to some of the
best and finest companies. I will name a few, but generally speaking, I feel
like a kid in a candy store because I don't know where to begin. There's
Microsoft, Merck, Amgen, Johnson & Johnson … The best companies in the world
are now some of the cheapest stocks." Joe Rosenberg's "kid in a candy
store" reference is reminiscent of a much-younger Warren Buffett's comment
after the 1973-74 bear market that he felt like "an oversexed young man in a
whorehouse" when he saw the prices on offer among some of America's best
blue-chip stocks. (The gentlemanly Forbes editorial staff changed
"whorehouse" to "harem" when it published the interview, but Buffett's
point was well made.) On relative attractiveness of stocks vs. bonds: "In
terms of economic history, the equity market looks a lot like the Treasury-bond
market in the early 1980s, when I had the most difficult time convincing people
that they ought to buy bonds at 15 percent yields. Equities can easily generate
10 percent annualized total returns over the next 5 to 10 years. And they would
still not be overvalued at that point." On financial stocks and value
investing: "I don't want to recommend banks. The experience of the past few
years has taught me that it's impossible to figure out what banks own, even
when you're on the inside. As an outsider, I can't analyze them." Well
said, Mr. Rosenberg. My thoughts exactly. I'll repeat for Joe Rosenberg what
I've said for other high-profile investors I respect and follow: You never buy
or sell a security because you watched someone else do it. You always should do
your own homework. That said, it never hurts to compare notes . And the growing
consensus among long-time value investors is that stocks represent a good
bargain at current prices. We should expect the markets to be volatile for as
long as the European debt crisis remains unresolved. But volatility should not
be confused with the risk of long-term or permanent loss. The companies that
Rosenberg mentioned specifically Microsoft (NASDAQ: MSFT ), Merck (NYSE: MRK ),
Amgen (NASDAQ: AMGN ) and Johnson & Johnson (NYSE: JNJ ) all have two very
important things in common. All are among the leaders of their respective
industries, and all have a long history of rewarding shareholders with rising
dividends. These are exactly the kinds of companies that investors should be
looking for in this environment. Experienced investors can scoop up shares of
Joe Rosenberg's recommendations, and to these I would add other household
names such as Intel (NASDAQ: INTC ), Wal-Mart (NYSE: WMT ) and Procter & Gamble
(NYSE: PG ). Investors wanting a simpler "one-stop shop" instead might want
to buy shares of the Vanguard Dividend Appreciation ETF (NYSE: VIG ). VIG is a
collection of some of the best dividend growers in America and a worthy addition
to any growth-oriented portfolio. Charles Lewis Sizemore, CFA, is the editor of
the Sizemore Investment Letter, and the chief investment officer of investments
firm Sizemore Capital Management. Sign up for a FREE copy of his new special
report : "Top 5 Contrarian Stocks for 2012."
strategist of Loews Corp. (NYSE: L ), a New York-based conglomerate controlled
by the Tisch family that some have compared to Warren Buffett's Berkshire
Hathaway (NYSE: BRK.B ) Like Berkshire Hathaway and Prem Watsa's Fairfax
Financial, Loews is primarily an insurance company with a sizable investment
portfolio that tends to be invested with a strong emphasis on value. Rosenberg
has been in the business a long time, has a long history of strong returns and
has seen plenty of bear markets come and go. Chances are good that he's been
on Wall Street longer than many of this articles readers have been alive. He has
been around long enough to remember investing during the Cuban missile crisis.
In a business in which memories tend to be short, that kind of experience and
wisdom is hard to find. I found many of his comments encouraging, and I wanted
to repeat them here. On the attractiveness of current valuations: "In my 50
years on Wall Street, it is rare that I've been so attracted to some of the
best and finest companies. I will name a few, but generally speaking, I feel
like a kid in a candy store because I don't know where to begin. There's
Microsoft, Merck, Amgen, Johnson & Johnson … The best companies in the world
are now some of the cheapest stocks." Joe Rosenberg's "kid in a candy
store" reference is reminiscent of a much-younger Warren Buffett's comment
after the 1973-74 bear market that he felt like "an oversexed young man in a
whorehouse" when he saw the prices on offer among some of America's best
blue-chip stocks. (The gentlemanly Forbes editorial staff changed
"whorehouse" to "harem" when it published the interview, but Buffett's
point was well made.) On relative attractiveness of stocks vs. bonds: "In
terms of economic history, the equity market looks a lot like the Treasury-bond
market in the early 1980s, when I had the most difficult time convincing people
that they ought to buy bonds at 15 percent yields. Equities can easily generate
10 percent annualized total returns over the next 5 to 10 years. And they would
still not be overvalued at that point." On financial stocks and value
investing: "I don't want to recommend banks. The experience of the past few
years has taught me that it's impossible to figure out what banks own, even
when you're on the inside. As an outsider, I can't analyze them." Well
said, Mr. Rosenberg. My thoughts exactly. I'll repeat for Joe Rosenberg what
I've said for other high-profile investors I respect and follow: You never buy
or sell a security because you watched someone else do it. You always should do
your own homework. That said, it never hurts to compare notes . And the growing
consensus among long-time value investors is that stocks represent a good
bargain at current prices. We should expect the markets to be volatile for as
long as the European debt crisis remains unresolved. But volatility should not
be confused with the risk of long-term or permanent loss. The companies that
Rosenberg mentioned specifically Microsoft (NASDAQ: MSFT ), Merck (NYSE: MRK ),
Amgen (NASDAQ: AMGN ) and Johnson & Johnson (NYSE: JNJ ) all have two very
important things in common. All are among the leaders of their respective
industries, and all have a long history of rewarding shareholders with rising
dividends. These are exactly the kinds of companies that investors should be
looking for in this environment. Experienced investors can scoop up shares of
Joe Rosenberg's recommendations, and to these I would add other household
names such as Intel (NASDAQ: INTC ), Wal-Mart (NYSE: WMT ) and Procter & Gamble
(NYSE: PG ). Investors wanting a simpler "one-stop shop" instead might want
to buy shares of the Vanguard Dividend Appreciation ETF (NYSE: VIG ). VIG is a
collection of some of the best dividend growers in America and a worthy addition
to any growth-oriented portfolio. Charles Lewis Sizemore, CFA, is the editor of
the Sizemore Investment Letter, and the chief investment officer of investments
firm Sizemore Capital Management. Sign up for a FREE copy of his new special
report : "Top 5 Contrarian Stocks for 2012."
AngloGold Ashanti Limited And Randgold Resources Limited Jointly Acquire Further 20% Of Kibali Gold Project Increasing Their Interest To 90%
AngloGold Ashanti Limited And Randgold Resources Limited Jointly Acquire
Further 20% Of Kibali Gold Project Increasing Their Interest To 90% Reuters Key
Development - Dec 22, 2009
Further 20% Of Kibali Gold Project Increasing Their Interest To 90% Reuters Key
Development - Dec 22, 2009
Broker likes Medusa Mining's relative value
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Broker likes Medusa Mining's relative value Proactive Investors UK – 23 minutes ago There is significant value in Philippines-based gold producer Medusa Mining (LON:MML) broker Seymour Pierce has concluded after a comparison of its rating relative to larger rival Randgold …
‘Robin Hood Tax’ Would Steal from Global Investors Just Like YOU
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Talk about tax reform is heating up on Wall Street, in Washington and in the homes of millions of Americans. Previously passed payroll tax cuts deliver about $1,000 extra into the pockets of working families but are set to expire at year’s end. To balance the federal budget and address income inequality, some legislators are favoring a so-called "millionaire's tax" on the wealthiest Americans. President Barack Obama and prospective Republican nominees for the 2012 ballot are all wrapped up in the idea of reforming the tax code to boost the economy and help small businesses. Unfortunately, if the debt crisis across the Atlantic is preface to our own budget and tax woes in the U.S., the next chapter might involve taxes on investing income. That could seriously damage the performance of the stock market, individual retirement portfolios and the profits regular retail investors can hope to take home from their trading. The so-called "Robin Hood tax" is a levy on trades in the financial markets — on stocks, bonds and other such transactions. It was formed out of a need for tax revenue but also a lot of ill will toward big, bad banks. The idea is not limited to Europe, either. None other than Microsoft (NASDAQ: MSFT ) founder Bill Gates pitched such an idea at the recent G-20 meeting, proposing a "modest tax" on trades of stocks and bonds to generate $48 billion or more annually from the G-20 countries. That's all well and good for Bill Gates, filthy rich though he may be. For those of us who simply are trying to tap into the financial markets to plan for our retirement or our children's education, the plan seems awfully misguided. Whatever name you give such a tax, it's hardly robbing from the rich to give to the poor. It's robbing regular Americans and putting their retirement at risk. The Market Is for Everyone, Not Just the Wealthy Let's be clear: Investing is not just a country pastime for CEOs. It's a painfully pedestrian way for average Americans plan for their financial future. Younger generations have all but resigned themselves to the fact that Social Security will disappear, and that it is up to us to provide for our retirement — via the stock market, our 401(k) accounts and similar means. Government will not provide for us, so we need the markets to provide for ourselves. For older investors, let's also not forget that there's already a boatload of "cash on the sidelines" as investors sit out the stock market, waiting for confirmation that the economy is moving in the right direction and that investing is a wise move. Erecting more barriers to that capital will not just keep traders out of the market, but will cause stocks to languish at current valuations thanks to a lack of volume and buying pressure. That's bad news for the people who already have their money in 401(k) accounts and IRAs, hoping and praying their cash won't evaporate by the time they need it.
BMY Sports Healthy Dividend, Growth Potential
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Bristol-Myers Squibb (NYSE: BMY ) — This leading drugmaker with a strong emphasis on cardiovascular and anti-infective and anti-cancer therapeutics just raised its dividend. The company has a long history of regular increases, and the latest brings its yield to 4.03%.
Sectors to Avoid in 2012: Tobacco
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Tobacco stocks have excelled in 2011 thanks to their attractive combination of low valuations, high dividend yields and ability to hold up well in a tough economic environment. The Dow Jones U.S. Tobacco Industry ranked fourth of 98 industry groups year-to-date through Dec. 2, and seven of its 11 components had posted double-digit returns for the year through Monday. The year-to-date numbers for some of the leading names in the group are impressive: Altria Group (NYSE: MO ) +17%, Philip Morris International (NYSE: PM ) +29%, Reynolds American (NYSE: RAI ) +25% and Lorillard (NYSE: LO ) +33%. In comparison, the S&P 500 is in slightly negative territory. Click to Enlarge Now, as we head into 2012, the sector is beginning to look a bit stretched based on historical measures. While the fundamentals for this group remain solid, it might be time to exercise some caution rather than betting on a continuation of the yield/safety trade of 2011. In terms of valuations, the group no longer is as attractive as it was a year ago. Looking at the major U.S.-based tobacco stocks for which data is available, current P/Es sit at a combined premium of 16.6% to their five-year average. The average trailing P/E of these five stocks is now 16.4, well above the 14.4 trailing P/E of the S&P 500 Index. Yields remain well above the market average, but here too the picture has become much less favorable. On average, the major tobacco stocks now yield 4.9%, well below their February high of 6%. The yield on the S&P 500 was about 1.9% both then and now, indicating that the yield spread for tobacco shares has gone from about 410 basis points to 300, a decline of 27%. As is the case with the utilities sector , which presents a similar picture of high historical valuations and substantial year-to-date outperformance relative to the broader market, tobacco isn't a market segment that looks primed for a substantial downturn anytime soon. After all, this is a group populated with slow, steady growers with low betas and above-market dividend yields. Instead, the message is that these stocks have risen to levels where investors no longer can blindly throw cash at them and expect outperformance. A revival of investors' animal spirits, a rotation toward cyclicals or a rise in Treasury yields — or a more likely outcome, the combination of all three — likely would send tobacco stocks down the performance charts in short order. The bottom line: Popular support for high-dividend tobacco stocks has become almost universal. A look at the headlines for Philip Morris on Yahoo! Finance shows no fewer than 15 articles, in the past week alone, that cite the stock favorably because of its high dividend. At a time of nearly unanimous positive sentiment, it appears a contrarian stance might be in order. So think twice before you follow the breathless advice on tobacco shares — or you just might see your performance go up in smoke. As of this writing, Daniel Putnam did not hold a position in any of the aforementioned stocks. Check out InvestorPlace.com’s other looks back at 2011 and ahead to 2012 here .
Gold & Silver Prices – Daily Outlook December 8
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver prices continued to seek direction in the past few days as is the case for other commodities and forex markets. Today, European Central Bank will decide on its interest rates, the U.S. Department of Labor will present the weekly change in unemployment claims and China’s inflation rate will be published. Currently gold and silver are traded with little changes.
Sectors to Avoid in 2012: Tobacco
Tobacco stocks have excelled in 2011 thanks to their attractive combination of
low valuations, high dividend yields and ability to hold up well in a tough
economic environment. The Dow Jones U.S. Tobacco Industry ranked fourth of 98
industry groups year-to-date through Dec. 2, and seven of its 11 components had
posted double-digit returns for the year through Monday. The year-to-date
numbers for some of the leading names in the group are impressive: Altria Group
(NYSE: MO ) +17%, Philip Morris International (NYSE: PM ) +29%, Reynolds
American (NYSE: RAI ) +25% and Lorillard (NYSE: LO ) +33%. In comparison, the
S&P 500 is in slightly negative territory. Click to Enlarge Now, as we head into
2012, the sector is beginning to look a bit stretched based on historical
measures. While the fundamentals for this group remain solid, it might be time
to exercise some caution rather than betting on a continuation of the
yield/safety trade of 2011. In terms of valuations, the group no longer is as
attractive as it was a year ago. Looking at the major U.S.-based tobacco stocks
for which data is available, current P/Es sit at a combined premium of 16.6% to
their five-year average. The average trailing P/E of these five stocks is now
16.4, well above the 14.4 trailing P/E of the S&P 500 Index. Yields remain well
above the market average, but here too the picture has become much less
favorable. On average, the major tobacco stocks now yield 4.9%, well below their
February high of 6%. The yield on the S&P 500 was about 1.9% both then and now,
indicating that the yield spread for tobacco shares has gone from about 410
basis points to 300, a decline of 27%. As is the case with the utilities sector
, which presents a similar picture of high historical valuations and substantial
year-to-date outperformance relative to the broader market, tobacco isn't a
market segment that looks primed for a substantial downturn anytime soon. After
all, this is a group populated with slow, steady growers with low betas and
above-market dividend yields. Instead, the message is that these stocks have
risen to levels where investors no longer can blindly throw cash at them and
expect outperformance. A revival of investors' animal spirits, a rotation
toward cyclicals or a rise in Treasury yields or a more likely outcome, the
combination of all three likely would send tobacco stocks down the performance
charts in short order. The bottom line: Popular support for high-dividend
tobacco stocks has become almost universal. A look at the headlines for Philip
Morris on Yahoo! Finance shows no fewer than 15 articles, in the past week
alone, that cite the stock favorably because of its high dividend. At a time of
nearly unanimous positive sentiment, it appears a contrarian stance might be in
order. So think twice before you follow the breathless advice on tobacco shares
or you just might see your performance go up in smoke. As of this writing,
Daniel Putnam did not hold a position in any of the aforementioned stocks. Check
out InvestorPlace.coms other looks back at 2011 and ahead to 2012 here .
low valuations, high dividend yields and ability to hold up well in a tough
economic environment. The Dow Jones U.S. Tobacco Industry ranked fourth of 98
industry groups year-to-date through Dec. 2, and seven of its 11 components had
posted double-digit returns for the year through Monday. The year-to-date
numbers for some of the leading names in the group are impressive: Altria Group
(NYSE: MO ) +17%, Philip Morris International (NYSE: PM ) +29%, Reynolds
American (NYSE: RAI ) +25% and Lorillard (NYSE: LO ) +33%. In comparison, the
S&P 500 is in slightly negative territory. Click to Enlarge Now, as we head into
2012, the sector is beginning to look a bit stretched based on historical
measures. While the fundamentals for this group remain solid, it might be time
to exercise some caution rather than betting on a continuation of the
yield/safety trade of 2011. In terms of valuations, the group no longer is as
attractive as it was a year ago. Looking at the major U.S.-based tobacco stocks
for which data is available, current P/Es sit at a combined premium of 16.6% to
their five-year average. The average trailing P/E of these five stocks is now
16.4, well above the 14.4 trailing P/E of the S&P 500 Index. Yields remain well
above the market average, but here too the picture has become much less
favorable. On average, the major tobacco stocks now yield 4.9%, well below their
February high of 6%. The yield on the S&P 500 was about 1.9% both then and now,
indicating that the yield spread for tobacco shares has gone from about 410
basis points to 300, a decline of 27%. As is the case with the utilities sector
, which presents a similar picture of high historical valuations and substantial
year-to-date outperformance relative to the broader market, tobacco isn't a
market segment that looks primed for a substantial downturn anytime soon. After
all, this is a group populated with slow, steady growers with low betas and
above-market dividend yields. Instead, the message is that these stocks have
risen to levels where investors no longer can blindly throw cash at them and
expect outperformance. A revival of investors' animal spirits, a rotation
toward cyclicals or a rise in Treasury yields or a more likely outcome, the
combination of all three likely would send tobacco stocks down the performance
charts in short order. The bottom line: Popular support for high-dividend
tobacco stocks has become almost universal. A look at the headlines for Philip
Morris on Yahoo! Finance shows no fewer than 15 articles, in the past week
alone, that cite the stock favorably because of its high dividend. At a time of
nearly unanimous positive sentiment, it appears a contrarian stance might be in
order. So think twice before you follow the breathless advice on tobacco shares
or you just might see your performance go up in smoke. As of this writing,
Daniel Putnam did not hold a position in any of the aforementioned stocks. Check
out InvestorPlace.coms other looks back at 2011 and ahead to 2012 here .
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