Money manager Whitney Tilson was famously the lone man willing to say the Netflix emperor had no clothes. Now, he sees the emperor in all his finery. Full Story
Comments »FSLR Down on Heavy Volume
CEO stepping down.
Update: First Solar, Inc. (NASDAQ: FSLR) today asked its Chairman and company founder, Mike Ahearn, to serve as interim Chief Executive Officer. Ahearn has accepted. Effective immediately, Rob Gillette is no longer serving as Chief Executive Officer, and the Board of Directors thanks him for his service to the company.
Comments »3D HeatMap
Today’s Industry Highlights
Via Yahoo Finance
Top Performing Industries | % Change |
Appliances | +2.38% |
Silver | +2.00% |
Semiconductor – Broad Line | +1.70% |
Gold | +1.55% |
Medical Laboratories & Research | +1.13% |
View Leaders & Laggards… | |
Worst Performing Industries | % Change |
Music & Video Stores | -34.48% |
Regional – Southeast Banks | -3.87% |
Foreign Regional Banks | -3.71% |
Photographic Equipment & Supplies | -3.27% |
Building Materials Wholesale | -2.93% |
IBM Adds $7 Billion for Stock Buybacks
International Business Machines Corp. (IBM) said its board authorized $7 billion in funds for stock buybacks, in addition to about $5.2 billion remaining at the end of September from a prior authorization. Full Story
Comments »Mining Stocks Rally: Chinese Demand Looks Strong
Mining companies jumped in morning trading Monday as metals prices rose. New data shows that Chinese manufacturing activity grew in October for the first time since March, pouring cold water (or perhaps just delaying) the expected “hard landing” in that country. FULL STORY
Comments »Oil rises above $90 on signs of US, Asia growth
Oil is up more than 3 percent on signs of economic growth in the U.S. and Asia. Read More…
Comments »$FIO Top Tech Pick for 2012, Barron’s
Fusion-IO, Inc. (NYSE: FIO), is ripping higher out of the gate, Monday morning. The move could be related to Barron’s calling Fusion-IO its top tech pick for 2012. Barron’s also has a 12-month price target of $52 on Fusion-IO, indicating about 100 percent of growth. From street insider
Comments »Monday’s Movers and Shakers
3D Heatmap
Today’s Top Industry
Top Performing Industries | % Change |
Cement | +4.04% |
Resorts & Casinos | +2.97% |
Farm & Construction Machinery | +2.83% |
Major Airlines | +2.80% |
Internet Software & Services |
Asia Trades Higher
Comments »SYDNEY (MarketWatch) — Most Asian equity markets gained sharply on Monday after European leaders indicated progress on a plan to resolve the region’s debt crisis and preliminary data showed Chinese manufacturing is improving. Full Story here
SunTrust Analyst William Chappell Says Short Seller David Einhorn is Utterly Wrong
SunTrust analyst William Chappell is literally pounding the table on Green Mountain Coffee (NASDAQ:GMCR) saying short seller David Einhorn is utterly wrong with his short thesis on the stock. Full Story here.
YHOO: Leaked Memo
Comments »After Yahoo fired CEO Carol Bartz, cofounder Jerry Yang told employees that the company had not begun a sales process.
Since then, reports here and elsewhere have suggested that is a bunch of malarkey and that Yahoo’s board is very much putting the company up for sale.
Rumor Mill: Italy in talks with China
Italy in Talks With China Fund to Buy Bonds.
Comments »Saturday Night Magic Trick
http://www.youtube.com/watch?feature=player_embedded&v=JpU2MeTZiLo
Comments »A Message To Congress From David Bennett
Sprint To Sell iPhone With Unlimited Data
Comments »Bloomberg’s Olga Kharif this morning writes that Sprint-Nextel (S) will begin selling Apple’s (AAPL) iPhone next month on an unlimited data plan, citing multiple anonymous sources. Click here for full story
Thursday’s Hybrid Movers
J.P. Morgan upgrads SodaStream $SODA to Overweight
Comments »J.P. Morgan is upgrading SodaStream International (NASDAQ:SODA) to Overweight from Neutral with a $50 price target. Full story…