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Archive for the ‘Stocks & Economy’ Category


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America Movil: Latin American Wireless Provider Extraordinaire

Thursday, March 11th, 2010

Filed under: Stocks to Buy Premiere Latin American wireless provider America Movil SAB de CV ( AMX ), first mentioned here on June 24, 2009 at a price of $36.47, remains a new business titan with promise. Look America Movil to post 10-12% revenue growth in 2010, followed by 11-14% revenue growth in 2011, led by improving performance in two, key markets: Brazil and Mexico. Subscriber growth should remain in the strong 9-11% range.

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America Movil: Latin American Wireless Provider Extraordinaire

Madonna Pairs Up with Iconix for Macy’s Line

Thursday, March 11th, 2010

Filed under: Competitive Strategy Madonna is pairing up with Iconix ( ICON ) to launch her own fashion line, MG Icon, which will be sold exclusively at Macy’s. The line will debut at about 200 stores in time for the back to school shopping season, with Madonna providing development and promotional services. The Wall Street Journal reports that (subscription required) “the collection of apparel, footwear, handbags and jewelry is expected to retail at $12 to $40.

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Madonna Pairs Up with Iconix for Macy’s Line

Weekly jobless claims were down 6,000

Thursday, March 11th, 2010

Filed under: Money and Finance Today , Economic Data The Labor Department reported that weekly jobless claims fell by 6,000 last week to 462,000. This was slightly worse than analysts predictions of 460,000. The four week moving average showed a bit of caution with claims rising by 5,000 to 475,000

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Weekly jobless claims were down 6,000

Bucyrus Still Looks Beautiful

Thursday, March 11th, 2010

Filed under: Stocks to Buy Infrastructure work and mining machine provider Bucyrus International ( BUCY ), which I first wrote about on June 22, 2009 at a price of $25.37, remains a promising business model. Back in June the calculation was that shares of Bucyrus would benefit from the developing world’s enormous infrastructure needs, as the global economic recovery commenced

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Bucyrus Still Looks Beautiful

Is the Dollar Bullish Sentiment Warranted?

Thursday, March 11th, 2010

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Filed under: Currency Sentiment regarding the dollar is turning more bullish — a foreign exchange attitude that, at first, appears at odds with conditions on the ground. But is it

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Is the Dollar Bullish Sentiment Warranted?

Options Update: Baidu Volatility Low as Shares Near Record High

Thursday, March 11th, 2010

Filed under: Amer Intl Group (AIG) , Options Baidu ( BIDU ) closed at $549.16. March put option implied volatility is at 29, April is at 33, June at 40 and September is at 41, versus its 26-week average of 42, according to Track Data, suggesting decreasing near-term price movement. Financial Select Sector ( XLF ) closed at $15.35

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Options Update: Baidu Volatility Low as Shares Near Record High

Poll: Global Economic Confidence Dips on Greece’s Debt Woes

Wednesday, March 10th, 2010

Filed under: International Markets A new Bloomberg News survey indicated another modest setback on the global economic front as confidence in the world economy fell in March on concern that the lateral effects from Greece’s budget crisis would hurt the recovery. The Bloomberg Professional Global Confidence Index (BPGCI) fell to 53.8 in March from a record-high 54.9 in February, Bloomberg News reported Wednesday.

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Poll: Global Economic Confidence Dips on Greece’s Debt Woes

Central Garden & Pet: The Patience Ends

Wednesday, March 10th, 2010

Filed under: Bad News They don’t all work out. The fundamentals of Central Garden & Pet Company ( CENT ), first written about here on June 22, 2009 at a price of $10.16, have not improved considerably, after about a year’s performance window

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Central Garden & Pet: The Patience Ends

Oil Gives Back Some Gains

Wednesday, March 10th, 2010

Filed under: Exxon Mobil (XOM) , Chevron Corp (CVX) , ConocoPhillips (COP) , Oil Oil is trading higher on the day, but prices have fallen a good bit from the high they hit immediately following this week’s inventory report . Prices rose as high as $83.03 a barrel, and are currently trading at $81.97, up $0.48

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Oil Gives Back Some Gains

Closing Bell: Another Wishy-Washy Day of Trading (MCO, MHP, CVX, ITMN, AIG, C, MU)

Wednesday, March 10th, 2010

Filed under: Citigroup Inc. (C) , Chevron Corp (CVX) , Amer Intl Group (AIG) Today’s market was described as another wishy-washy day where no directional feel was present because of fluctuations from positive to negative. The closing bell being positive or negative was something that was not certain until the end of the trading day.

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Closing Bell: Another Wishy-Washy Day of Trading (MCO, MHP, CVX, ITMN, AIG, C, MU)


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