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Monthly Archives: October 2011

FLASH: YAHOO! SOARS 9% ON RENEWED RUMOR OF MICROSOFT BUYOUT

Microsoft Corp is considering a bid for Yahoo Inc, resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the Internet company in 2008, sources close to the situation said on Wednesday.

Microsoft may seek a partner to go after Yahoo, said one of the sources, without identifying any parties.

No decision has been made and a bid might not materialize as there are internal divisions at the software company on whether it should pursue Yahoo again, a high-ranking Microsoft executive said.

Microsoft joins a host of other companies looking at Yahoo, which has a market value of about $18 billion and is readying financial pitch books for potential buyers, the sources said.

Those companies include buyout shops Providence Equity Partners, Hellman & Friedman and Silver Lake Partners, as well as Chinese e-commerce giant Alibaba and Russian technology investment firm DST Global, the sources said.

Microsoft and the other potential buyers declined to comment. Yahoo was unavailable for comment.

SOURCE 

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Drunk Driving is Down as People Get Smashed at Home Drinking Alone Instead

Drunken driving incidents have fallen 30 percent in the last five years, and last year were at their lowest mark in nearly two decades, according to a new federal report.

The decline may be due to the down economy: Other research suggests people are still drinking as heavily as in years past, so some may just be finding cheaper ways of imbibing than by going to bars, night clubs and restaurants.

“One possibility is that people are drinking at home more and driving less after drinking,” said Dr. Thomas Frieden, director of the Centers for Disease Control and Prevention.

The CDC statistics – released Tuesday – are based on a 2010 national telephone survey of about 210,000 U.S. adults. The respondents were kept anonymous.

Nearly 1 in 50 said they’d driven drunk at least once in the previous month. That equates to about 4 million Americans driving drunk last year.

About 60 percent said they drove drunk just once, but some said they did it daily.

That led to a CDC estimate of more than 112 million episodes of drunk driving in 2010. That’s more than 300,000 incidents a day.

CDC officials lamented that finding; still, it was the lowest estimate since the survey question was first asked in 1993, and down significantly from the 161 million incidents in the peak year of 2006.

Young men ages 21 to 34 were the biggest problem, accounting for just 11 percent of the U.S. population but 32 percent of the drunken driving incidents.

The overwhelming majority of drunk driving incidents involve people who had at least four or five drinks in a short period of time. But binge drinking has not been on the decline, other health research suggests.

The National Highway Traffic Safety Administration has also noted signs of an apparent recent decline in drunk driving. According to that agency’s latest data, the number of people killed in U.S. crashes involving alcohol-impaired drivers dropped from 11,711 in 2008 to 10,839 in 2009.

“While the nation has made great strides in reducing drunk driving over the years, it continues to be one of the leading causes of death and injury on America’s roads – claiming a life every 48 minutes,” added David Strickland, the agency’s administrator, in a prepared statement.

SOURCE: AP

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FLASH: REITS ARE GETTING POLEAXED

3 HT -7.67 REIT – Retail 620,080,000
5 RLJ -7.42 REIT – Hotel/Motel 1,420,000,000
8 LXP -5.86 REIT – Retail 1,020,000,000
9 FRT -5.44 REIT – Retail 5,230,000,000
10 AAT -5.35 REIT – Office 711,810,000
11 ACC -5.31 REIT – Residential 2,620,000,000
12 DCT -5.15 REIT – Industrial 1,050,000,000
13 BRE -5.09 REIT – Residential 3,230,000,000
15 KRC -5.03 REIT – Office 1,830,000,000
16 FPO -4.95 REIT – Diversified 647,740,000
17 PPS -4.94 REIT – Retail 1,810,000,000
18 ELS -4.93 REIT – Residential 2,460,000,000
19 OFC -4.89 REIT – Office 1,600,000,000
20 EXR -4.87 REIT – Industrial 1,800,000,000
21 EQR -4.84 REIT – Residential 15,480,000,000
22 CLP -4.80 REIT – Residential 1,580,000,000
23 UDR -4.79 REIT – Residential 4,800,000,000
24 SKT -4.68 REIT – Retail 2,220,000,000
25 HME -4.63 REIT – Residential 2,340,000,000
26 CPT -4.62 REIT – Residential 3,970,000,000
27 ESS -4.60 REIT – Residential 4,100,000,000
28 REG -4.53 REIT – Retail 3,130,000,000
29 AIV -4.51 REIT – Residential 2,680,000,000
30 MAA -4.39 REIT – Residential 2,200,000,000
31 PEB -4.38 REIT – Hotel/Motel 778,720,000
32 CUZ -4.36 REIT – Diversified 595,340,000
33 PDM -4.32 REIT – Office 2,800,000,000
34 CWH -4.32 REIT – Retail 2,050,000,000
35 SUI -4.30 REIT – Residential 779,880,000
36 AKR -4.29 Property Management 751,390,000
37 EQY -4.26 REIT – Retail 1,770,000,000
38 WRI -4.26 REIT – Retail 2,500,000,000
39 AVB -4.23 REIT – Residential 10,410,000,000
40 EPR -4.23 REIT – Retail 1,800,000,000
42 CLI -4.19 REIT – Office 2,290,000,000
43 EGP -4.15 REIT – Industrial 1,000,000,000
44 IRET -4.14 REIT – Retail 611,910,000
45 HIW -4.13 REIT – Retail 1,980,000,000
46 KIM -4.12 REIT – Retail 6,020,000,000
47 WRE -4.12 REIT – Retail 1,880,000,000
48 LRY -4.09 REIT – Office 3,310,000,000
49 DFT -4.03 Property Management 1,250,000,000
50 NNN -3.99 REIT – Diversified 2,310,000,000

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Today’s Top 50 Short Squeezes

No. Ticker % Change Short as % of Float
1 DEXO 30.56 13.40
2 HEV 25.00 13.90
3 CIGX 18.45 21.60
4 STP 16.34 17.75
5 MHR 14.87 38.90
6 JRCC 13.78 26.48
7 COCO 13.60 31.16
8 CIS 11.91 19.29
9 VIT 11.44 66.43
10 SATC 10.55 21.50
11 OREX 10.42 11.50
12 EK 10.27 33.20
13 YRCW 8.75 46.10
14 AONE 8.73 22.10
15 ATPG 8.21 49.00
16 PCX 8.16 15.10
17 OVTI 8.02 12.50
18 TSO 7.72 11.40
19 CECO 7.63 14.40
20 TEX 7.60 11.00
21 IOC 7.46 20.63
22 REE 7.44 27.10
23 SGMO 7.27 16.78
24 MMR 7.19 16.45
25 JASO 7.06 14.97
26 MTG 6.89 13.90
27 BYD 6.81 23.98
28 FSLR 6.66 39.20
29 BKS 6.38 37.00
30 ZLC 6.25 15.90
31 DANG 6.22 29.07
32 ENER 6.19 28.80
33 AXL 6.10 17.60
34 GMO 5.98 19.25
35 WFR 5.97 10.70
36 OPEN 5.85 40.10
37 AKS 5.85 22.40
38 ISS 5.84 18.05
39 HSOL 5.80 11.34
40 ZUMZ 5.75 32.70
41 UXG 5.75 11.91
42 VHC 5.74 28.80
43 AMED 5.72 19.60
44 LLNW 5.66 11.40
45 ESI 5.56 52.11
46 BCSI 5.53 11.99
47 TZOO 5.52 80.10
48 AYI 5.51 10.90
49 HGG 5.36 59.66
50 LEAP 5.35 26.90

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