-
UBS Begins Clearing Interest Rate Swap Trades
Monday, October 25, 2010 - 8:00am | 124UBS Investment Bank (NYSE: UBS) announced today that it has begun clearing interest rate swap trades through CME Clearing, the recently launched interest rate swap clearing platform at CME Group. “This is an important evolutionary step for the interest rate swap market, and represents our...
-
GGP Down Sharply Again Today (GGP)
Friday, October 22, 2010 - 12:14pm | 161General Growth Properties, Inc (NYSE: GGP) is down sharply again today, one day after having been approved to emerge from bankruptcy. When General Growth filed for bankruptcy in April of 2009, it was the largest real estate bankruptcy in U.S. history. At the time, the stock was trading around 60...
-
Credit Suisse: Buy These 20 Dividend Stocks
Friday, October 22, 2010 - 9:46am | 164(TheStreet) -- Credit Suisse (NYSE: CS) says U.S. stocks will trade within a narrow range. The bank predicts a ceiling of 1,200 on the S&P 500 and a floor of 1,000. It's no wonder the bank is recommending clients purchase dividend stocks. Here are 15 of Credit Suisse's 20 favorites. They are...
-
BHP Could Sell $33B In Assets If It Gets Potash
Thursday, October 21, 2010 - 7:25pm | 164BHP Billiton (NYSE: BHP) could sell $31 billion to $33 billion worth of assets if it is successful in acquiring Potash Corp. of Saskatchewan (NYSE: POT) as part of a post-deal restructuring effort, according to a Deutsche Bank (NYSE: DB) note. BHP, the world's largest mining company, could sell off...
-
Cnooc Bids $5B For Jubilee Field Stake
Thursday, October 21, 2010 - 6:10pm | 231Cnooc (NYSE: CEO), China's largest offshore oil driller, reportedly submitted a $5 billion joint bid Ghana National Petroleum to acquire Kosmos Energy's stake in Ghana's Jubilee, an asset that Exxon Mobil (NYSE: XOM) has already offered $4 billion for. The all-cash bid from Cnooc and Ghana National...
-
Trading Plan for October 21, 2010
Thursday, October 21, 2010 - 5:45am | 501Current Long Positions (stop-losses in parentheses): TICC (9.62), DTV (42.20), EOG (97.52), ESRX (46.42), AAPL (305.59), SHLD (72.95) Current Short Positions (stop-losses in parentheses): SDS (29.31) BIAS: 61% Long Economic Reports Due Out (Times are EST): Jobless Claims (8:30am), Leading...
-
Earnings Scheduled For October 21 (MCD, CAT, T, LLY, CS, UAL, BAX, NVS, UNP, UPS, BBT, PM, RAI, CTXS, SNDK, JBLU, AXP, TRV, LUV, AMZN, STI, HSY, XRX, CB)
Thursday, October 21, 2010 - 3:27am | 616McDonald's (NYSE: MCD) is likely to post its Q3 EPS at $1.25 on $6.23 billion in revenue. Caterpillar (NYSE: CAT) is expected to post its Q3 profit at $1.09 per share on $10.48 billion in revenue. AT&T (NYSE: T) is projected to report its EPS at $0.55 in the third quarter on revenue of $31.25...
-
10 Insurance Stocks That May Gain Up to 74%
Monday, October 18, 2010 - 9:44am | 265(TheStreet) -- Insurance stocks are some of the cheapest in the equity market. Aside from AIG (NYSE: AIG), which recently attracted capital from value guru Bruce Berkowitz of Fairholme Capital (NASDAQ: FAIRX), insurance stocks get little attention from the media. Warren Buffett earned a fortune...
-
Sinochem Scraps Potash Plans
Friday, October 15, 2010 - 3:39am | 173Sinochem International, once viewed as the most viable threat to launch a counter-offer to BHP Billiton's (NYSE: BHP) $38.6 billion hostile takeover bid for Potash Corp. of Saskatchewan (NYSE: POT) is giving up those plans. Sinochem, China's largest chemicals trader, has had difficulty securing...
-
UBS Upgrades (PHM, FTR, DHI)
Thursday, October 14, 2010 - 9:47am | 80UBS (NYSE: UBS) has upgraded the following stocks: Pulte Homes (NYSE: PHM) to Neutral with a PT of $8.50 Frontier Communications (NYSE: FTR) to Buy with a $9.50 PT DR Horton (NYSE: DHI) to Neutral with an $11 PT PHM is trading at $8.25 FTR is trading at $8.77 DHI is trading at $10.86
-
Millennium India Acquisition Company, Inc. Receives Staff Deficiency Letter Regarding Non-Compliance With NASDAQ
Friday, October 8, 2010 - 3:04pm | 76Millennium India Acquisition Company, Inc. (NASDAQ: SMCG) announced today that it received a Nasdaq Staff Deficiency Letter on October 7, 2010 indicating that the Nasdaq Staff determined that the Company had failed to comply with Nasdaq Listing Rule 5250(c)(1) because the Company's four most recent...
-
Friday's Put/Call Ratio Leaders (GGB, ARIA, RYL, UBS, CIM)
Friday, October 8, 2010 - 11:35am | 91Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Gerdau SA (NYSE: GGB) 9,0001 puts, 10 calls 2. Ariad Pharmaceuticals (NASDAQ: ARIA) 4,005 puts, 41 calls 3. Ryland Group (NYSE: RYL) 3,018 puts, 45 calls 4. UBS AG (NYSE: UBS) 8,760...
-
Is Electronic Arts Getting Interesting Again?
Thursday, October 7, 2010 - 8:58am | 167Have you been thinking about getting back into Electronic Arts (NASDAQ: ERTS)? The video-game publisher has been in the news recently. Yesterday, StreetInsider reported that UBS (NYSE: UBS) is keeping a buy rating on the shares. At the end of September, Mark Fightmaster discussed the positive pre-...
-
BMC Acquires Software Unit - Analyst Blog
Wednesday, October 6, 2010 - 6:12pm | 1024Milan-based Neptuny Software is the leading provider of Information Technology (IT) Performance Optimization, as well as Capacity and Virtualization Planning solutions. Neptuny's Caplan solution, which is basically a Capacity Planning solution for large data centers and networks, facilitates...
-
Senior Notes from CB Richard Ellis - Analyst Blog
Wednesday, October 6, 2010 - 6:12pm | 624CB Richard Ellis Group Inc. (CBG), the world's largest commercial real estate services firm (on the basis of 2009 revenues), has recently announced an offer to sell 6.63% senior notes due 2020 worth $350 million. BofA Merrill Lynch, the investment banking and wealth management division of Bank of...