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Filed under: Forecasts , Economic data , DJIA , Recession Are U.S. stock markets flashing another false signal regarding the U.S. economic recovery
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Is the Dow’s rise another false signal?
Filed under: Stocks to Buy Did you a get chance to establish a position in oil giant Occidental Petroleum back in April? If you did, you’re up about 35%, and the future looks bright.
Filed under: Earnings reports , Forecasts , Staples Inc (SPLS) As the current advertising campaign from Staples Inc. (NASDAQ: SPLS ) makes clear, the nation’s largest office supply store operator is hoping for what so many retailers (aside perhaps from those participating in the cash for clunkers program) are hoping for: a boost from back-to-school sales.
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Lower Q2 earnings expected from Staples
Do a double-take, if you like, but I’m reiterating my Buy rating for a bank stock, First Niagara (NASDAQ: FNFG ), first recommended on April 27, 2009 at a price of $13.55. First Niagara’s stock has meandered somewhat since the spring call, but the value proposition remains the same: a community bank with few non-performing mortgages
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First Niagara: A bank stock you can bank on
Filed under: Scandals Judge Donald S. Goldman of the Superior Court of New Jersey dismissed Biovail’s (NYSE: BVF ) lawsuit against SAC Capital Advisors last week, saying that he lacked jurisdiction . The lawsuit, originally filed in 2006, accuses SAC of colluding with analysts and other firms to produce misleading research designed to drive down the company’s share price — allowing the firm to profit from its large short position in the company’s stock Goldman wrote that he had not evaluated the merit of Biovail’s claims, but did say that the company had failed to show that it was entitled to damages, even if its allegations were true.
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Biovail’s short selling lawsuit dismissed
Filed under: Other issues , Politics Here’s a brain teaser for investors: What enabled the United States to ascend to superpower status? Was it the inherent genetic superiority of Americans? Perhaps it was the nation’s work ethic
Filed under: Walgreen Co (WAG) , CVS Corp (CVS) I’m reiterating Buy ratings for giant drug store chains CVS-Caremark (NYSE: CVS ) and Walgreen (NYSE: WAG ) on likely increased store traffic, due to the H1N1 flu. So far, the nation is doing fairly well at ensuring that there will be enough swine flu vaccine for key populations –those who could quickly spread the virus like teachers, health care workers, emergency personnel etc., as well as other risk groups — pregnant women, people caring for infants, people aged 25-64 who are at high risk due to compromised immune systems
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Efforts to cope with swine flu likely to increase traffic at CVS, Walgreen
Filed under: Management , Google (GOOG) , Next big thing Back in 2001-2002, it was a nuclear winter in Silicon Valley. Thousands of dot-com startups closed shop
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Facebook to spike hiring by 50% this year
