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Stock Market News for Dec 13, 2010 - Market News
Monday, December 13, 2010 - 9:06am | 1049On Friday, the markets ended slightly higher on positive economic data and better-than-expected rise in consumer sentiment. However, the markets' upward movement was subdued somewhat due to investors' cautious attitude towards European debt crisis, tensions between the two Korean nations and...
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Top 4 NYSE Stocks In The Publishing-Books Industry With The Highest Cash (MHP, PSO, JW-A, NED)
Monday, December 13, 2010 - 4:50am | 134Below are the top publishing-book stocks on the NYSE in terms of cash. McGraw-Hill Companies Inc (The) (NYSE: MHP) had $1.36 billion in total cash and $1.20 billion in total debt for the latest quarter. Pearson Plc (NYSE: PSO) had $747.84 million in total cash for the latest quarter. PSO's total...
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Netflix vs Its Vendors
Sunday, December 12, 2010 - 10:00pm | 321Imagine a world in which Coca-Cola ($KO) barely scrapes by while the guy who refills the soda machines is on the cover of Fortune Magazine with a cigar dangling out of his mouth, his boot atop a case of Diet Coke. It is almost exactly like the world that Netflix ($NFLX) currently inhabits. The...
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News Lifts Major Averages Friday 12-10-2010
Friday, December 10, 2010 - 6:25pm | 746Cusick's Corner Rates at 0%, bond yields plummeting, cash is in the market and the Bull is fully vested at this stage. While you will still hear the word “oversold” for weeks to come, that's positive for the market, especially since we settled at levels not seen since '08. Hit the blog www....
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The Trend is Your Friend 12-10-2010
Friday, December 10, 2010 - 3:16pm | 818Cusick's Corner The market is in a grinding mode but it is still to the upside. At this stage, patience and discipline are essential. If you have missed the trend so far, consider using strategies that may give up some profit potential but mitigate risk. There in not much to say other than the...
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Friday's Put/Call Ratio Leaders (NVS, STD, BPOP, GCI, MU)
Friday, December 10, 2010 - 12:12pm | 91Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Novartis AG (NYSE: NVS) 16,317 puts, 151 calls 2. Santander Finance Preferred (NYSE: STD) 3,813 puts, 395 calls 3. Popular Inc. (NASDAQ: BPOP) 39,144 puts, 4,816 calls 4. Gannett Co...
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Puts Purchased on Gannett Co. (GCI)
Friday, December 10, 2010 - 10:08am | 137Shares of Gannett Co. (NYSE: GCI) are higher on the session by 2.19%, currently trading at $15.87. The stock has been moving largely higher over the past two months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...
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Washington Post to Slash Jobs - Analyst Blog
Friday, December 10, 2010 - 10:00am | 528The Washington Post Company (WPO), the diversified media conglomerate, plans to lay off approximately 770 employees or 5% of its workforce at its Kaplan Higher Education division, citing declining enrollments. Total Kaplan Higher Education enrollments jumped 8% as of September 30, 2010 but...
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Washington Post to Slash Jobs - Analyst Blog
Friday, December 10, 2010 - 9:31am | 528The Washington Post Company (WPO), the diversified media conglomerate, plans to lay off approximately 770 employees or 5% of its workforce at its Kaplan Higher Education division, citing declining enrollments. Total Kaplan Higher Education enrollments jumped 8% as of September 30, 2010 but...
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More Garbage for Our Dump of a Market
Friday, December 10, 2010 - 5:18am | 325I'm in a mood from reading this. Sorry, but it's all just garbage. The latest wrecking ball swinging through the ruins of American Capitalism, glancing off the few dilapidated structures still standing: BEIJING — Before the opening bell sounded on the New York Stock Exchange on a recent Tuesday, a...
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European Nickel to focus on Acoje project as Turkish permitting delay continues
Friday, December 10, 2010 - 4:46am | 658Shares in European Nickel (LON:ENK) slumped by 27% to 23p in early trading today after the AIM listed exploration group said it had been forced to put its flagship Çaldağ project in Turkey on care and maintenance until receipt of a re-issued forestry permit. The relevant licences were originally...
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Martha Stewart Living Omnimedia Elects Claudia Slacik to the Board of Directors
Thursday, December 9, 2010 - 3:52pm | 58Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) today announced that its Board of Directors has elected Claudia Slacik as a member of the Board of Directors. She will replace Michael Goldstein, who is stepping down at the end of the year. Mr. Goldstein has served on the Board since June 2004.
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J.P. Morgan Adjusts Gannett Estimates
Thursday, December 9, 2010 - 11:02am | 77J.P. Morgan is making some adjustments to its Gannett Co., Inc. (NYSE: GCI) estimates. “We anticipate broadcast revenues up 28% with healthy margin expansion of ~900bps in Q4,” J.P. Morgan writes. “EPS comes up from $0.75 to $0.83, at the high end of guidance. 2011E EPS comes down slightly from $2....
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New York Times Sees Improvement - Analyst Blog
Wednesday, December 8, 2010 - 10:33am | 510The New York Times Company (NYT) hinted that it expects fiscal 2010 operating profit excluding depreciation, amortization, severance and special items to improve significantly over the prior-year, buoyed by improving trends in print advertising and effective cost management. The publisher of...
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New York Times Sees Improvement - Analyst Blog
Wednesday, December 8, 2010 - 10:02am | 510The New York Times Company (NYT) hinted that it expects fiscal 2010 operating profit excluding depreciation, amortization, severance and special items to improve significantly over the prior-year, buoyed by improving trends in print advertising and effective cost management. The publisher of...