Mon Jun 18, 2012 5:34pm EST
“Shares of Oracle (ORCL) are up $1.65, or 6.1%, at $28.77 in late trading after the company this afternoon issued a surprise early report for its fiscal Q4 revenue in line with consensus but beat on the bottom line, and said its board approved a $10 billion buyback plan.
The Street had been told to expect the report on Thursday, after the bell.
Revenue in the three months ended in May rose 1%, year over year, to $10.9 billion, yielding EPS of 82 cents, excluding some items.
Analysts had been modeling $10.89 billion and 78 cents.”
Full report
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Mon Jun 18, 2012 4:35pm EST
Come on baby…lets do the twist again.
Full article
[youtube://http://www.youtube.com/watch?v=E1o3cbLYoIY 450 300]
[youtube://http:/www.youtube.com/watch?v=8fUNSBvNur4 450 300]
[youtube://http://www.youtube.com/watch?v=pVlr4g5-r18 450 300]
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Mon Jun 18, 2012 3:45pm EST
“Each and every morning 24/7 Wall St. covers the daily analyst upgrades, downgrades, and initiations seen from Wall Street research and brokerage firms. It turns out that some analyst calls do make very large moves in the underlying stocks. We then look at these again mid-day to see which are on the move as a result of the calls. These become the Unusual Analyst Calls of the Day.”
Full article
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Mon Jun 18, 2012 3:40pm EST
The following companies have seen some notable insider selling:
$INTU, $BIIB, $SHW, $CF, $DIS
Full article
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Mon Jun 18, 2012 3:36pm EST
Off balance sheet problems are plaguing every balance sheet known to local, state, and sovereign governments. A confidential report by JPM explores the details.
Full article
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Mon Jun 18, 2012 3:31pm EST
Check out these charts and commentary over how the markets overlook reality. Advisers are hoping you miss them while they do the ABCs.
Full article
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Mon Jun 18, 2012 3:25pm EST
Mon Jun 18, 2012 3:23pm EST
ETF performer of the day: IPK,
ETF Inflows: XLU, SPY, IWM, IWP,
ETF Outflows: EWT, RSX, EZU,
Full look
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Mon Jun 18, 2012 3:16pm EST
U.S. equities have flip flopped above and below the unchanged line. The NASDAQ out performs the broader averages by a wide margin; currently up 0.92% as opposed to the DOW being down 0 .10%. The S&P is currently up 0.22%.
The bulls are thankful that markets did not completely fall apart after a non event Greek election and soaring Spanish and Italian bond yields.
Market update
[youtube://http://www.youtube.com/watch?v=ISmgOrhELXs 450 300]
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Mon Jun 18, 2012 2:54pm EST
Mon Jun 18, 2012 12:54pm EST
Mon Jun 18, 2012 12:33pm EST
Here is your daily dose of hybrid movers in chart form, click here for charts.
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Mon Jun 18, 2012 12:03pm EST
Mon Jun 18, 2012 12:00pm EST
The rest of Europe was mixed. Sort of amazing.
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Mon Jun 18, 2012 11:31am EST
Merkel will not budge at all to help relieve tensions in Europe. She is officially shitting on Greece…again.
Full article
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Mon Jun 18, 2012 11:26am EST
“US Equity Product Management group led by Robert Rouse is out with a list 61 of the firm’s analysts’ single best stock picks.
This is a follow-up to a list that was first published in December 2011.
We pulled the 20 stocks with the best absolute return opportunity based on the analysts’ price targets relative to its June 14 closing price.
The potential returns range from 42 percent all the way up to just under 150 percent. Needless to say, Barclays really likes these 20 stocks.”
Full article
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Mon Jun 18, 2012 11:22am EST
“Google has received more than 1,000 requests from authorities to take down content from its search results or YouTube video in the last six months of 2011, the company said Monday, denouncing what it said was an alarming trend.”
Full article
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Mon Jun 18, 2012 11:18am EST
Smithereens for Italy and Spain.
Full look
World Markets
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Mon Jun 18, 2012 11:15am EST
If young Americans knew what was good for them, they would all be in the Tea Party.
Governments should be more honest about the size of their debts and young voters would be wise to get politicians to pay them off as soon as possible, says economic historian Niall Ferguson in the first of his BBC Reith Lectures.
Read the article here.
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Mon Jun 18, 2012 10:32am EST
[youtube://http://www.youtube.com/watch?v=y9bVd3BspIQ 450 300]
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