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Gasparino: Goldman Sachs' Report On Business Practices Designed To Keep Blankfein's Job
Wednesday, January 12, 2011 - 3:54pm | 224Fox Business Network (FBN) Senior Correspondent Charlie Gasparino is reporting that the internal review and report of business practices inside Goldman Sachs was “designed to do one thing and one thing only, and that is to keep Lloyd Blankfein's job as both CEO and Chairman of Goldman Sachs.”...
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Gasparino: Hundreds To Be Arrested In Insider Trading Probe
Tuesday, January 11, 2011 - 4:11pm | 174Fox Business Network (FBN) Senior Correspondent Charlie Gasparino reports “there is a possibility of 300 potential targets” in the Securities and Exchange Commission's (SEC) insider trading probe, which could classify this investigation as “the largest white collar criminal case ever.” Excerpts can...
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Furniture Brands Names Mark E. Stephens as President of Broyhill Furniture Industries
Friday, January 7, 2011 - 9:39am | 48Furniture Brands International (NYSE: FBN) today named Mark E. Stephens as president of Broyhill Furniture Industries, effective today. Stephens has served as Broyhill's vice president of sales and marketing since 2007. Stephens replaces Jeffrey L. Cook, who has resigned his position.
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Charlie Gasparino Reporting ACA Suing Goldman Sachs Over Abacus Deal (GS)
Thursday, January 6, 2011 - 4:20pm | 264Fox Business Network (FBN) Senior Correspondent Charlie Gasparino reports that “ACA Capital is suing Goldman Sachs for 120 million dollars for compensatory and other damages” over the ABACUS deal. ACA Capital is alleging that Goldman Sachs “told ACA Paulson was long on the ABACUS investment” when...
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Gasparino: Goldman Sachs/Facebook Partnership "Not A Done Deal"
Wednesday, January 5, 2011 - 2:47pm | 248Fox Business Network (FBN) Senior Correspondent Charlie Gasparino reports that the Security and Exchange Commission (SEC) is “under tremendous pressure to scrutinize this Goldman Sachs Facebook deal.” Gasparino said that there is “50/50 chance this thing could get nixed” and in the event it does...
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Morning Market Movers (OPXA, XING, STLY, GLUU)
Wednesday, January 5, 2011 - 10:09am | 155Opexa Therapeutics Inc (NASDAQ: OPXA) shares surged 79.49% to $2.80 by 10:05 am. OPXA reported that its has successfully completed two separate meetings with the US Food and Drug Administration (FDA) regarding its multiple sclerosis pill study path. Qiao Xing Universal Resources Inc (NASDAQ: XING)...
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Used Home Sales Rise Everywhere - Analyst Blog
Wednesday, December 22, 2010 - 2:03pm | 1578In November, existing home sales ran at a seasonally adjusted annual rate of 4.68 million. That pace is 5.6% higher than in October, and 27.9% below the year-ago rate. The year-ago rate of 6.49 million was inflated as everyone was rushing to get the deals done before they thought the first-time...
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Used Home Sales Rise Everywhere - Analyst Blog
Wednesday, December 22, 2010 - 1:53pm | 1578In November, existing home sales ran at a seasonally adjusted annual rate of 4.68 million. That pace is 5.6% higher than in October, and 27.9% below the year-ago rate. The year-ago rate of 6.49 million was inflated as everyone was rushing to get the deals done before they thought the first-time...
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La-Z-Boy Up 6.8% (LZB)
Monday, December 20, 2010 - 2:52pm | 39La-Z-Boy (NYSE: LZB) today has been trading at the highs for the day at $9.38 at last check. Intraday range for LZB has been $8.78-$9.38, and on pace with average daily volume.
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Options Brief: Leggett & Platt (LEG)
Monday, December 20, 2010 - 1:12pm | 79Shares of Leggett & Platt (NYSE: LEG) are lower on the session by 0.69%, trading at $23.07. Overall call volume is now running at 2.61x the daily average, with 45% of all calls traded being purchases on the offer. 1,897 contracts have traded on the session so far. Leggett & Platt,...
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Natuzzi Announced Resignation of Chief Operating Officer
Monday, December 20, 2010 - 7:25am | 54Umberto Bedini resigned from the Natuzzi Group (NYSE: NTZ) due to some family reasons and decided to take a sabbatical period. He worked for the Natuzzi Group for almost 2 years as Chief Operations Officer and during these very intensive and demanding years he achieved important results.
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Tempur-Pedic - Aggressive Growth
Friday, December 17, 2010 - 2:06am | 424Tempur-Pedic (TPX) analysts have raised their earnings estimates to the highest level in over 5 years. Much of that came on the latest earnings surprise. Net income is expected to nearly double for this Zacks #1 Rank (Strong Buy), but how are the valuations? Company Description Tempur-Pedic...
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Tempur-Pedic - Aggressive Growth
Friday, December 17, 2010 - 12:00am | 424Tempur-Pedic (TPX) analysts have raised their earnings estimates to the highest level in over 5 years. Much of that came on the latest earnings surprise. Net income is expected to nearly double for this Zacks #1 Rank (Strong Buy), but how are the valuations? Company Description Tempur-Pedic...
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Gasparino: "There Is An FBI Mole" Inside Level Global
Thursday, December 16, 2010 - 5:03pm | 207Fox Business Network (FBN) Senior Correspondent Charlie Gasparino reports that Level Global is receiving “massive redemption requests” from customers including Cornell University and the hedge fund is “scrambling to prevent these redemptions from occurring.” Excerpts from the report can be found...
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Stanley Furniture Announces Debt Prepayment
Thursday, December 16, 2010 - 4:18pm | 81Stanley Furniture Company, Inc. (Nasdaq: STLY) announced today that it has pre-paid in full its outstanding debt under its note agreement with Prudential Insurance Company of America and other lenders. The amount prepaid was $15 million plus accrued interest. In connection with the prepayment, the...