Home / 2011 / July (page 20)

Monthly Archives: July 2011

Congress moves to block Pakistan aid…maybe

Read here.

A House panel is considering a bill Wednesday that would suspend billions in foreign aid to several governments in the Middle East and beyond until the Obama administration can certify they are not controlled by groups hostile to the United States and its allies.

The bill, which provides the blueprint for U.S. foreign aid around the world, contains a big loophole — despite the myriad requirements outlined in the draft, it would allow the president to waive them in the interest of national security.

But the provisions, if passed, would impose a new and rigorous set of standards on how U.S. aid is distributed to nations and a leading group known for hosting a thriving anti-American contingent.

The proposal would require Egypt, Pakistan, Lebanon, Yemen and the Palestinian Authority to meet specific requirements in order to receive U.S. aid.

Comments »

Flash: Zillow Soars in IPO Debut

Online real estate specialist, Zillow (ticker: Z), soared today, now up 110% to $40 in its ipo debut.

Comments »

Secondary Opportunity Lost

Remember when you could buy something in the first tick of the secondary market and make $

Well recent IPOs have given investors very little chance to do so.

Skullcandy, SKUL, opened up 12-15% higher in the first tick now almost back to the IPO price of $20

Zilliow, Z, traded as high as $59.81 b4 dropping back to earth of $43.50 which is still over 100% above the IPO price.

How does one get in ? You need big nutz to do so!

Full article

Comments »

Upgrades and Downgrades This Morning


AOS – A.O. Smith upgraded to Buy from Hold at Jefferies

CMG – Chipotle Mexican Grill upgraded to Market Perform from Underperform at Wells Fargo

VMW – VMware upgraded to Neutral from Underperform at Credit Suisse

GTXI – GTX initiated with a Outperform at Wedbush

NWSA – News Corp upgraded to Outperform from Neutral at Cowen

SBAC – SBA Comm upgraded to Overweight at Evercore Partners

CTCT – Constant Contact initiated with a Market Perform at BMO Capital

AUO – AU Optronics upgraded to Outperform from Market Perform at Bernstein

LPL – LG Display upgraded to Outperform from Market Perform at Bernstein

MON – Monsanto added to Conviction Buy List at Goldman

BA – Boeing initiated with a Buy at BB&T

OFC – Corp Office Props upgraded to Buy at Stifel Nicolaus

GPRO – Gen-Probe downgraded to Neutral from Accumulate at Madison Williams

ANF – Abercrombie & Fitch initiated with an Outperform at Cowen

KEY – KeyCorp upgraded to Outperform from Sector Perform at RBC Capital

ESRX – Express Scripts upgraded to Neutral from Reduce at Citadel


BAC – Bank of America downgraded to Outperform from Buy at Credit Agricole

EE – El Paso Electric downgraded to Hold from Buy at Jefferies

CSIQ – Canadian Solar downgraded to Hold from Buy at Canaccord Genuity

CEO – CNOOC Ltd downgraded to Neutral from Buy at Nomura

AEO – American Eagle initiated with a Neutral at Cowen

YOKU – Youku.com initiated with a Neutral at Susquehanna

Comments »

Gapping Up and Down This Morning

Gapping Up

MANH +7.7%, NLC +33.4%, CTAS +7.2%, BBL +2.1%, CRUS +4.1%, OVTI +3%, ARMH +2.8% SWKS+2.2%, HEB +8.1%,HMY +1.9%, RIO +1.7%, AAPL +7.2%, NLC +30.4%, INFN +6.5%, VMW +4.3%, ABT +2.5%, AMR +2.4%, BTU +0.7%, GPRO +1.5%, MON +0.9% CRUS +4.1%, STD +3.2%, ING +3.3%, STD +3.2%, BCS +3.2%, RDS.A +0.7%, SU +0.4%, LOGI +4.4%,BBVA +2.9%, DB +2.9%, NBG +2.4%, UBS +2.4%, OVTI +3%, ISRG +3%, BBVA +2.9%, BP +2.5%, SWKS +2.2%, BHP +1.8%, CSX +1.5%, ALTR +1.5%, E +1.4%, TOT +1.3%, TXT+3.1%, SD +3.2%,

Gapping Down

AIXG -4.1%, ARUN -2.7%, APKT -2.5%, RVBD -26.8%, FTNT -20.8%, ANH -1.7%, BRCD -1.4%, JNPR -1%FFIV -4.8%, GOV -2.2%, YHOO -2.2%, URI -2%, CMG -4.5%, 

Comments »

AMR Orders 430 737s From Boeing

This is AMR’s largest airplane order in its history. It’s a good thing since I have not flown them in quite some time due to the tin can nature or shall we say the old feeling of their fleet.

Full article

Comments »