18 Dec 2012 @ 21:26
Has anyone ever rated the credit rating agencies? The answer is simple: no. In 2011 the US Securities and Exchange Commission (SEC) published a long report with a generic downgrade of all the agencies, without naming them and asking for a further effort not to repeat the mistakes of the past. A second report published […]
18 Dec 2012 @ 05:10
Clearwire Corporation (
NASDAQ:CLWR): The company is all set to be acquired by Sprint Nextel and the stock plummeted down to $2.94. It is currently at $2.95, down 12.61 percent from its previous close of $3.37.
18 Dec 2012 @ 03:22
Having bounced back up from 35p to 170p shares in GMX traded joke valuation company US Oil & Gas (USOP) were starting to bubble. The USOPians (folks who chat amongst themselves on twitter and Bulletin Boards) were already discussing once again whether £15 or £200 a share was fair value. But then…. the shares started […]
18 Dec 2012 @ 00:16
Hard times for big banks. In the US they are making a last minute push to ease the new global liquidity requirements, that would force them to come up with an additional $800bn in easy-to-sell assets under the proposed standards. On the other hand, UK banks are facing the threat of a break-up if they […]
15 Dec 2012 @ 23:28
An email was sent out by a leading financial websites group to its readers on Friday with the headline : “The one stock to own before the New Year.” I do not know where to begin with this shocking tale but if you bought that stock (and it is clear some folks did) you need […]
15 Dec 2012 @ 05:11
Evolution Petroleum Corp. (
AMEX:EPM): The stock saw purchase interest from Lovoi John, the company’s 10 percent owner. Lovoi bought 165,000 shares for $1.306 million at the rate of $7.92 apiece.
14 Dec 2012 @ 05:04
LB Foster Co. (
NASDAQ:FSTR): The stock zoomed past its previous 52 weeks high of $42.25 and touched $42.51. Its lowest price point for the session stood at $42. LB Foster is currently trading at $42.30, up 0.33 percent from its previous close of $42.16.
13 Dec 2012 @ 05:09
Athenahealth Inc. (
NASDAQ:ATHN): The stock received rated upgrade from Sterne Agee. The stock is now rated Neutral, up from Underperformer. Athenahealth’s price target has also been raised from $48.50 to $72.
12 Dec 2012 @ 06:40
Spectra Energy Corp. (
NYSE:SE): The company announced its plan to purchase Express Platte Pipeline. The deal is expected to be worth $1.25 billion. The amount will be paid in cash and will bring 1700 mile pipeline system under the company’s control.
12 Dec 2012 @ 04:53
Fiscal cliff talks between US President Barack Obama and Republican House speaker John Boehner, have been continuing both sides have said. With the end of year deadline looming, both parties are under pressure to ensure an agreement is reached. Deep spending cuts and tax rises due to take effect on 1 January, threaten to halt […]
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