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Crunch Time Looms For Public-Sector Pensions?
Monday, July 11, 2011 - 7:13am | 1505Gwyn Morgan of the Globe and Mail reports, Crunch time looms for public-sector pensions: The speedy passage of the bill to end the Canada Post lockout marked the beginning of a much larger battle to bring burgeoning public-sector compensation costs under control. The key issue in the postal...
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Why The Fuss Over Pensions?
Friday, July 8, 2011 - 4:34am | 3850Rob Brown, a professor of actuarial science at the University of Waterloo, past president of the Canadian Institute of Actuaries and currently an expert adviser with EvidenceNetwork.ca, wrote an op-ed piece for the Winnipeg free Press, Why the fuss over pensions: Two of Canada's largest unions...
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SodaStream Bubbles Up on Best Buy Deal
Wednesday, July 6, 2011 - 12:37pm | 376SodaStream (NASDAQ: SODA) is skyrocketing today, up over 6% over yesterday's close. The rise above $74 a share comes after the company's products began selling at retailer Best Buy (NYSE: BBY). So what product is it that has investors bubbling over with confidence in the SodaStream stock? The...
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Biggest Pre-Market Winners and Losers
Wednesday, July 6, 2011 - 7:26am | 226Winners: Atmel (NASDAQ: ATML) is up over 2.75%, trading near $14.85. General Motors (NYSE: GM) is up over 1.25%, trading near $31.26. Yahoo! (NASDAQ: YHOO) is up over 0.70%, trading near $15.60 despite a lawsuit by InnerWorkings (NASDAQ: INWK) alleging defamation. Ford (NYSE: F) is up over 0.75...
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Biggest Winners and Losers After the Opening Bell
Tuesday, July 5, 2011 - 9:09am | 180Winners: Yamana Gold (NYSE: AUY) is up over 4.50%, trading near $12 after gold rallied nearly 1%. Silver Wheaton (NYSE: SLW) is up over 4.30%, trading near $33.80 after silver rallied near 2.50%. Charter Communications (NASDAQ: CHTR) is up over 3.25%, trading near $56.95. Netflix (NASDAQ: NFLX...
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Top 4 Small-Cap Stocks In The Mortgage Investment Industry With The Highest ROE
Tuesday, July 5, 2011 - 3:16am | 140Below are the top small-cap mortgage investment stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Altisource Portfolio Solutions SA (NASDAQ: ASPS) is 46.78%. ASPS' operating margin for the same period is 19.97%. The trailing-twelve-month...
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A Peek Into The Market Before The Trading Starts
Friday, July 1, 2011 - 6:37am | 402Pre-open movers US stock futures are slightly higher this morning. Futures on the Dow Jones Industrial Average rose 22 points to 12,367.00 and futures on the S&P 500 stock index rose 0.30 point to 1,315.80. Nasdaq 100 futures gained 2.00 points to 2,323.00. A Peek Into Global Markets Asian...
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UBS To Appoint Axel Weber As Chairman
Friday, July 1, 2011 - 1:52am | 162UBS AG (NYSE: UBS) announced its plans to appoint former Deutsche Bundesbank President Axel Weber as its next chairman in 2013. UBS reported that it will nominate Axel Weber for election to the Board at the Annual General Meeting in May 2012 and, if elected, is likely to succeed current chairman...
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Goldman Sachs Warning Of Lay Offs
Thursday, June 30, 2011 - 12:15pm | 189Beleaguered investment bank Goldman Sachs (NYSE: GS) is likely going to lay off around 230 employees according to the Wall Street Journal. The Wall Street house cited economic reasons for the move. In a notice dated June 29, Goldman said a "plant layoff" may affect those employees between late...
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Role Reversal: The Government and Big Banks
Thursday, June 30, 2011 - 10:40am | 824By Todd Harrison The bar tab remains unpaid as one hand washes the other. “What -- Over? Did you say "over"? Nothing is over until we decide it is! Was it over when the Germans bombed Pearl Harbor? Hell no, and it ain't over now.” --Bluto, Animal House Deutsche Bank (NYSE: DB) CEO Josef...
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Top Percentage Pre-Market Gainers and Losers
Tuesday, June 28, 2011 - 6:30am | 184Gainers: Accenture PLC (NYSE: ACN) is up over 5% after its addition to S&P 500 Index. LinkedIn (NASDAQ: LNKD) is up over 2% after JPMorgan rated the company Overweight and Bank of America rated the company as a New Buy with a price target of $92. TJX Companies (NYSE: TJX) is up over 1.5% after...
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Scott Nations Suggests An Option Strategy In Deutsche Bank AG (DB)
Monday, June 27, 2011 - 6:07pm | 153CNBC Options Action's Scott Nations said on the show that he wants to get some exposure to the downside in Deutsche Bank AG (USA) (NYSE: DB), and he wants to use options to do that. Specifically, Scott Nations wants to buy a put spread in Deutsche Bank AG (USA) (DB). He wants to buy the August 55...
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Euro Surging On No News Has Traders Interested
Monday, June 27, 2011 - 9:17am | 313Since this morning, the Euro has been surging, but there is no news out there that would explain the surge. Look at this chart of the Euro, which is seeing continuous green bars. As such, the equity markets are at session highs, with the NASDAQ up 12 points and the Dow up 50 or so points. The...
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Playing Cat and Mouse with Global Oil
Monday, June 27, 2011 - 12:00am | 1523Oil markets took another dose of global geopolitics this week when the International Energy Agency (IEA) unexpectedly announced that it would be releasing 60 million barrels of oil from strategic petroleum reserves (SPR) around the globe. Thursday's surprise announcement gave oil prices a 4.5...
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Is the SEC About to Drop the Hammer on Banksters?
Friday, June 17, 2011 - 11:48am | 438It might finally be subpoena and testimony time for the credit rating agencies and banks whose activities led directly to the financial crisis. According to a report in the Wall Street Journal, U.S. regulators are preparing to file civil fraud charges for some involved with the crisis, and are...