Comments »The sale terms call for privately-held Cargill to swap about 179 million of its 286 million Mosaic shares with Cargill’s private stockholders — including, most notably, the charitable trust of the late Margaret Cargill, who died in 2006 — for some of all of their Cargill stock. Cargill’s remaining 107 million Mosaic shares would be doled out in exchange for Cargill debt owned by third parties.
UPDATED: Obama Supports Pre 1967 Borders for Palestinian State
What a clusterfuck.
Full article
UPDATE: Apparently, AP got the story wrong. Hot air is saying such new reports are wrong.
Today’s Biggest Winners/Losers
No. Ticker % Change
* LNKD 137.90
1 QPSA 25.80
2 PURE 23.30
3 QBC 13.96
4 OESX 13.64
5 WEBM 12.33
6 FFHL 12.20
7 TINY 12.18
8 ADAT 10.74
9 CXM 10.34
10 CABL 10.00
11 GENE 9.68
12 DATE 9.27
13 GLUU 9.04
14 GTN 8.99
15 PETD 8.13
16 TST 7.64
17 RAVN 7.64
18 STVI 7.63
19 FTEK 7.59
20 CIIC 7.42
21 MERC 7.27
22 KFS 7.14
23 PETM 7.06
24 TWMC 7.02
25 AVL 6.82
—————————-
No. Ticker % Change
1 TDSC -51.27
2 CCSC -24.07
3 NEI -23.42
4 YRCW -19.47
5 YONG -17.32
6 CHBT -12.60
7 NQ -12.55
8 BKE -12.53
9 BIG -11.39
10 HEV -10.81
11 AAP -10.02
12 COIN -9.41
13 GFRE -9.36
14 LEXG.OB -9.15
15 HOTT -9.01
16 OINK -7.99
17 SHZ -7.80
18 WWIN -7.51
19 AACC -7.22
20 CMRG -6.87
21 DEXO -6.80
22 GMR -6.63
23 TDW -6.48
24 ONXX -6.44
25 CNTF -6.23
FLASH: LinkedIn Has Gone Full Retard
The stock is now up 160% to $120.
Comments »Flash: LinkedIn’s Market Cap Exceeds $8 Billion
To put this into perspective, here are some companies with market caps on the same level as the $15 million per year earner, LinkedIn.
No. Ticker Market Cap
49 LLL 8,970,000,000
50 RF 8,960,000,000
51 TIF 8,940,000,000
52 RYAAY 8,890,000,000
53 ALXN 8,880,000,000
54 SJM 8,850,000,000
55 MCO 8,830,000,000
56 RHT 8,800,000,000
57 RCL 8,800,000,000
58 CNC 8,800,000,000
59 FFIV 8,800,000,000
60 AUY 8,790,000,000
61 HOG 8,790,000,000
62 DTE 8,750,000,000
63 FTR 8,750,000,000
64 GPC 8,710,000,000
65 SNI 8,700,000,000
66 CMG 8,670,000,000
67 JCP 8,660,000,000
68 TAP 8,650,000,000
69 LZ 8,640,000,000
70 CX 8,620,000,000
71 SIRI 8,600,000,000
72 SLM 8,600,000,000
73 UAL 8,570,000,000
74 WDC 8,560,000,000
75 CBG 8,550,000,000
76 SIAL 8,520,000,000
77 AVGO 8,490,000,000
78 CIT 8,460,000,000
79 CRESY 8,460,000,000
80 BAP 8,310,000,000
81 OKS 8,310,000,000
82 ORLY 8,300,000,000
83 DNR 8,300,000,000
84 EGO 8,290,000,000
85 DVA 8,280,000,000
86 SHLD 8,250,000,000
87 RRC 8,250,000,000
88 CNA 8,200,000,000
89 MXIM 8,190,000,000
90 KEY 8,140,000,000
91 UNM 8,110,000,000
92 CNP 8,070,000,000
93 VAR 8,050,000,000
94 ESV 8,050,000,000
95 HRL 8,040,000,000
96 BX 8,030,000,000
97 WPI 7,990,000,000
98 PRGO 7,980,000,000
99 ROP 7,960,000,000
100 SRCL 7,950,000,000
Data provided by The PPT
Comments »Dot Bomb Redux: LinkedIn
At current valuations, it is trading 520 times earnings. Great job Morgan Stanley.
Comments »Crack Spreads Rebound
Spreads are up nearly 5% to $24.50, near historic levels.
Comments »LinkedIn Opens Up 85% from Absurd IPO Pricing
Strauss Kahn’s Resignation Letter
Ladies and Gentlemen of the Board:
It is with infinite sadness that I feel compelled today to present to the Executive Board my resignation from my post of Managing Director of the IMF.
I think at this time first of my wife — whom I love more than anything — of my children, of my family, of my friends.
I think also of my colleagues at the Fund; together we have accomplished such great things over the last three years and more.
To all, I want to say that I deny with the greatest possible firmness all of the allegations that have been made against me.
I want to protect this institution which I have served with honor and devotion, and especially–especially–I want to devote all my strength, all my time, and all my energy to proving my innocence.
Dominique Strauss-Kahn
Comments »LinkedIn Prices IPO 30% Above Initial Range
|
LinkedIn Corp prices initial public offering of 7.84 mln shares at $45.00 vs. expectations of $42.00-45.00
|
This is the first time since 2000 that an ipo has priced 30%+ from initial range.
Comments »Breaking: Strauss-Kahn Resigns from IMF
Rapist.
Comments »Flash: Strauss-Kahn Issues Statement
IMF statement – Strauss Kahn says “I deny with the greatest possible firmness all of the allegations that have been made against me”
Comments »Obama is Long Egregious Amounts of Treasuries
Comments »The president and First Lady Michelle Obama had assets valued between $2.8 million and $11.8 million in 2010.
And between $2 million and $10 million of their assets are invested in super-safe U.S. Treasury securities, according to the disclosure form. That’s up from $1.5 million to $6 million reported invested in Treasury notes and bills in 2009.
Dominique Strauss-Kahn’s Judge Has a History of Being Crazy
Judge Melissa Jackson sent the IMF boss to Rikers Island due to her belief that he was a flight risk. Melissa Jackson was also the presiding judge when rapper Foxy Brown was prosecuted for violating her probation. At one point during her trial, she told a court officer to “hit her” , as she (Foxy Brown) was being handcuffed.
Comments »George Soros Sold 99% of his Gold Holdings
World Rankings in Gold Reserves
1. United States 8,133.5
2. Germany 3,401.8
3. IMF 2,827.2
4. Italy 2,451.8
5. France 2,435.4
6. China 1,054.1
7. Switzerland 1,040.1
8. Russia 784.1
9. Japan 765.2
10. Netherlands 612.5
11. India 557.7
12. ECB 501.4
13. Taiwan 423.6
14. Portugal 382.5
15. Venezuela 365.8
16. Saudi Arabia 322.9
17. United Kingdom 310.3
18. Lebanon 286.8
19. Spain 281.6
20. Austria 280.0
21. Belgium 227.5
22. Algeria 173.6
23. Philippines 156.5
24. Libya 143.8
25. Singapore
Portugal Sitting on Billions of Nazi Gold
LinkedIn to Come Public Thursday
LinkedIn will begin trading on the New York Stock Exchange under the symbol LNKD. Its shares are expected to trade in the $32 to $35 range and 7.84 million shares will be available. The company will likely be valued around $3 billion after the IPO.
Comments »HP Warns
Momentum Stocks Were Poleaxed Today
The following 50 stocks are up more than 20% over the past year, but down more than 6% today.
No. Ticker 1-year Return % Change
1 REDF 270.15 -20.64
2 SIFY 168.29 -16.98
3 SYMX 117.59 -14.55
4 GSL 95.28 -13.49
5 MGH 50.00 -12.76
6 NYX 22.34 -12.67
7 GENE 503.51 -11.57
8 VSCP 45.31 -11.43
9 AVL 178.11 -10.50
10 VIT 26.00 -10.19
11 GPL 222.99 -9.65
12 KV-A 97.35 -9.42
13 DHX 76.94 -9.32
14 GLUU 146.72 -8.89
15 ALLT 174.85 -8.81
16 HYC 99.78 -8.64
17 EMAN 83.46 -8.50
18 WWWW 160.05 -8.33
19 REE 251.61 -7.78
20 ARTX 20.22 -7.76
21 MPEL 140.84 -7.24
22 CGR 56.30 -7.00
23 SIMO 116.79 -6.97
24 FACE 73.97 -6.96
25 SSRX 55.52 -6.95
26 EXK 106.95 -6.92
27 MDSO 45.54 -6.92
28 ARUN 147.20 -6.92
29 CRNT 21.01 -6.88
30 MDVN 111.62 -6.88
31 ZAGG 239.16 -6.69
32 MAKO 65.10 -6.67
33 AXU 102.19 -6.58
34 CEVA 132.42 -6.56
35 VVTV 131.03 -6.51
36 GRRF 27.31 -6.47
37 ISYS 46.10 -6.46
38 OPEN 102.47 -6.44
39 LLNW 34.12 -6.40
40 VICL 25.00 -6.32
41 WLK 139.62 -6.29
42 ININ 72.26 -6.22
43 USAT 219.70 -6.22
44 PAY 134.89 -6.17
45 HCKT 32.34 -6.16
46 URZ 75.16 -6.14
47 CRAY 23.62 -6.13
48 WEBM 45.50 -6.13
49 GGC 57.70 -6.13
50 PRAN 30.97 -6.02
