20 Dec 2012 @ 21:26
They are just doing their job What do the rating agencies do? They rate the debt issued by a company or a government. After analysts’ recommendations, a committee of senior staff formally decides a rating (Moody’s and Standard & Poor’s have recently downgraded the rating of France by one notch). Every prime minister or CEO […]
20 Dec 2012 @ 05:22
Ship Finance Limited (
NYSE:SFL): This shipping company owns and operates offshore assets and vessels. Ship Finance Limited currently commands dividend yield of 9.52 percent. However, this is not the only point in the stock’s favor.
19 Dec 2012 @ 07:34
A mob of angry users filled the spaces of social media sites today in reaction to new terms of service and privacy policies published by Instagram, a photo sharing application owned by Facebook, giving the service rights to use its users’ information and contents as a means of generating revenue. In an unadultered form, I […]
19 Dec 2012 @ 02:47
Usana Health Sciences Inc. (
NYSE:USNA): The company stock is currently trading at $38.61, up 0.99 percent from its previous close. It opened at $38.18 and has traded in the range of $38.02 and $38.69 in the current trading session.
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.