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Company News for July 12, 2010 - Corporate Summary
Monday, July 12, 2010 - 8:36am | 194• BP (NYSE:BP) is reportedly in talks to sell up to $12 billion in assets • Weyerhaeuser (NYSE:WY) declared a special $5.6 billion dividend, tied to its REIT conversion • AON (NYSE:AON) plans to purchase Hewitt (NYSE:HEW) for $4.9 billion, or $50.00 per share in cash • Goldman Sachs (NYSE:GS) added...
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Top Upgrades (MSFT, IEX, WY, SNDK)
Monday, July 12, 2010 - 6:08am | 151Microsoft (NASDAQ: MSFT) was upgraded by Janney Montgomery from “neutral” to “buy.” MSFT’s shares are up 0.08% to $24.29 in pre-market trading. Microsoft has a ROE is 41.83%. Janney Montgomery upgraded IDEX Corp (NYSE: IEX) to “buy” from “neutral.” IEX moved up 1.00% to close at $29.28 on Friday....
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Late Day Short-Covering 06-11-2010
Friday, June 11, 2010 - 5:31pm | 787Cusick’s Corner Today’s report of an unexpected drop in May retail sales was balanced later by an unexpected increase in consumer sentiment. Today’s trading range was relatively tight, volume was light, but all major stock indices closed higher possibly due to some end-of-day short covering. The...
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Risk Viewer: It’s What’s for Breakfast
Tuesday, June 1, 2010 - 2:36pm | 2005Greetings, OptionsHouse traders. I wanted to take the opportunity today to talk about one of OH’s most invaluable tools – the Risk Viewer. Whether the market is up or down, understanding your market exposure and Greeks-based risk is a key aspect of successful trading. PEAK6 Investments L.P.1, the...
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Put Volume Grows on Louisiana Pacific (LPX)
Friday, May 28, 2010 - 12:04pm | 137Shares of Louisiana Pacific Corp. (NYSE: LPX) are higher on the session by 0.47%, currently trading $8.57. The stock has fallen sharply over the past month, but appears to have found support at the 200-day moving average. Put Volume is growing in the name today, but it appears to be mostly sales...
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Lumber Prices Have Crashed On Weak Outlook For Builders (WY, LUK, MAS, LPX, IP, FBR, TOL, KBH, LEN, PHM))
Friday, May 28, 2010 - 9:14am | 246On May 17th and May 25th, the Chicago Mercantile Exchange stopped trading in lumber futures because the contract price had fallen by the maximum allowable amount of $10. On the 25th, lumber was halted at a price of $225/thousand board feet, which is the price that the contract opened at again this...
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Virtual Trading: Practice Risk-Free on a Real Trading Platform
Tuesday, May 25, 2010 - 7:47am | 1388Options traders are made, not born. Even the most seasoned veterans who trade broken-wing butterfly spreads in their sleep started slowly with basic strategies such as long puts and covered calls (and they probably traded stock before that). Option trading can and should be a gradual learning...
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A Bubble in Gold?
Wednesday, May 19, 2010 - 1:26pm | 2256At times, it’s hard to take a step back from all the excitement and make a rational decision, which might be the opposite of what the crowd is doing and thus seem like the wrong decision to make. The markets are an exceptional breeding ground for this type of “crowd” behavior. Because the markets...
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Interesting Convergence 05-12-2010
Wednesday, May 12, 2010 - 1:50pm | 774Cusick’s Corner The market has firmed up into the midday with the risk trade, equities, back in play (at least at this stage). There is an interesting convergence -- both the market and Gold are going up simultaneously. These typically are negatively correlated, so with both of these segments...
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Huge Call Buying in Louisiana Pacific
Wednesday, May 12, 2010 - 8:45am | 97Shares of Louisiana Pacific Corp. (NYSE: LPX) are markedly higher at the opening today; currently shares are trading higher by 4.29% to $9.83 and call buyers are flooding the name with over 13,000 of the June $10 calls bought on the offer within the first ten minutes of trading. This action vastly...
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Fast Money Picks For May 6th (SWN, GOOG, ACL, LPX)
Wednesday, May 5, 2010 - 6:08pm | 137On the CNBC's Fast Money, Joe Terranova recommended investors to buy Southwestern Energy Company (NYSE: SWN) tomorrow. Southwestern Energy (SWN) gained 0.71% on today. Anthony Scaramucci likes Google Inc. (NASDAQ: GOOG), and Karen Finerman thinks that Alcon, Inc. (NYSE: ACL) is a buy. Google (GOOG...
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Weyerhaeuser Narrows Q1 Losses As Sales Surge
Thursday, April 29, 2010 - 12:37pm | 165Lumber and wood products producer Weyerhaeuser Co (NYSE: WY) announced that its losses for the latest quarter came in lower by 92% with the help of the sale of land and license rights. For the first quarter, WY posted its net losses at $20 million, or $0.10 a share, down from a loss of $264 million...
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How One Investor is Using Options to Manage Risk in Weyerhaeuser (WY)
Tuesday, April 20, 2010 - 11:06am | 1626Weyerhaeuser (NYSE: WY) is a grower, harvester and distributor of lumber around the world. WY is primarily focused on supplying lumber for many construction applications specifically, new home construction. WY, expected to lose money this quarter, will report earnings on April 29, 2010. The company...
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Mad Money Lightning Round OT Recap (DUK, D, WY, UFS, NWL, CBE, SWK)
Monday, April 19, 2010 - 6:44pm | 218CNBC Mad Money's Jim Cramer answered the questions of his fans about various stocks. For Duke Energy Corporation (NYSE: DUK), he said that instead of this stock he would rather own Dominion Resources, Inc. (NYSE: D), which is doing everything right when it comes to its shareholders. Dominion (D)...
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Interesting Trade in Weyerhaeuser
Monday, April 19, 2010 - 9:53am | 155Weyerhaeuser Co, (NYSE: WY), a forest products company, has been moving higher over the past 16 months and is currently trading just off of a 52-week high, which was set earlier in the session. The stock is up small on the day to $47.91. The company’s stock has strong ties to the housing market,...