E-Trad Global Trading, that's right, soon you will be able to acess and trade on oronto Stock Exchange, Tokyo Stock Exchange, Euronext Paris, the Hong Kong Stock Exchange, and the London Stock Exchange. This service will provide investors with more direct share ownership in international markets.
E-Trade Financial Corp. (ETFC) has unveiled a new service that will allow U.S. customers online access to trading in 6 major stock markets outside the country.
Wednesday, February 21, 2007
Matsushita Electric Industrial Co. Ltd. (MC)
Matsushita Electric Industrial Co. Ltd. (MC)
Matsushita Electric Industrial Co., Ltd. engages in the production and sale of electronic and electric products for consumer, business, and industrial uses. It operates in six segments: Audiovisual and Computer Products (AVC) Networks, Home Appliances, Components and Devices, MEW and PanaHome, JVC, and Other.
Matsushita produces electronic products under a variety of names, including:
* Panasonic (home appliances for the overseas market, personal electronics, audio/video equipment, microchips, automotive components)
* National (home appliances for the Japanese market)
* Nais (components for automated systems—replaced by Panasonic in 2004)
* Quasar (lower-priced televisions, video equipment and appliances in the North American market—being phased out)
* Technics (audio equipment)
* Ramsa (professional audio equipment)
* Rasonic (as of 1994, home appliances for the Chinese market).
5 yr Growth looks good to mean, Div/Yld, and the options all look like this could be a pretty nice stock to play.
Matsushita Electric Industrial Co., Ltd. engages in the production and sale of electronic and electric products for consumer, business, and industrial uses. It operates in six segments: Audiovisual and Computer Products (AVC) Networks, Home Appliances, Components and Devices, MEW and PanaHome, JVC, and Other.
Matsushita produces electronic products under a variety of names, including:
* Panasonic (home appliances for the overseas market, personal electronics, audio/video equipment, microchips, automotive components)
* National (home appliances for the Japanese market)
* Nais (components for automated systems—replaced by Panasonic in 2004)
* Quasar (lower-priced televisions, video equipment and appliances in the North American market—being phased out)
* Technics (audio equipment)
* Ramsa (professional audio equipment)
* Rasonic (as of 1994, home appliances for the Chinese market).
5 yr Growth looks good to mean, Div/Yld, and the options all look like this could be a pretty nice stock to play.
Tuesday, February 20, 2007
XM and SIRI
It seems that the top management at XM and SIRI have made it official, they announced today that they're going to attempt a merger. XM (XMSR, 13.98) and Sirius Satellite Radio (SIRI, 3.70) agreed to combine in a $13 billion merger of equals, amid concerns about slowing growth and the cost to build up their programming content and subscriber bases. However, the deal, which is expected to result in substantial cost savings, still faces significant regulatory hurdles.
In other words, no real money changes hands, just funny money.
Under the terms of the agreement, XM shareholders would receive 4.6 Sirius shares for each XM share held, or a 21.7% premium based on the two companies' closing prices on Friday. While the deal was billed as a merger of equals, Sirius would own about 53% of the combined company, which would have had about $1.5 billion in revenues in 2006 and about 14 million subscribers, and XM would own roughly 47%. In other words, no real money changes hands, just funny money.
The deal must overcome significant regulatory obstacles, including an FCC provision that specifically restricts the two companies from merging. It must also meet antitrust approval from the Department of Justice. Pending regulatory approval, the companies expect the transaction to be completed by the end of 2007.
In other words, no real money changes hands, just funny money.
Under the terms of the agreement, XM shareholders would receive 4.6 Sirius shares for each XM share held, or a 21.7% premium based on the two companies' closing prices on Friday. While the deal was billed as a merger of equals, Sirius would own about 53% of the combined company, which would have had about $1.5 billion in revenues in 2006 and about 14 million subscribers, and XM would own roughly 47%. In other words, no real money changes hands, just funny money.
The deal must overcome significant regulatory obstacles, including an FCC provision that specifically restricts the two companies from merging. It must also meet antitrust approval from the Department of Justice. Pending regulatory approval, the companies expect the transaction to be completed by the end of 2007.
Thursday, February 15, 2007
T. Rowe Price
T. Rowe Price is going through with a 18 million-share increase in buyback plan
T. Rowe Price (TROW) as stated that it will be approved that 15 million-share increase in its stock buyback authorization. The action brings the Baltimore-based investment management company's total stock buyback authorization to 18.8 million shares. T. Rowe Price shares rose 17 cents to $49.77 in Thursday afternoon trade.
T. Rowe Price (TROW) as stated that it will be approved that 15 million-share increase in its stock buyback authorization. The action brings the Baltimore-based investment management company's total stock buyback authorization to 18.8 million shares. T. Rowe Price shares rose 17 cents to $49.77 in Thursday afternoon trade.
Dollar How Low Will It Go?
The dollar continues to fall at a more than one month low agianst the yen Thursday, after U.S. government reports showed a mixed picture about the economy and the first net capital outflow for a year-and-a-half.
The yen received a boost after government data showed the Japanese economy expanded at a faster-than-expected pace in the fourth-quarter, sparking speculation the Bank of Japan will raise interest rates next week.
"We have better than expected data from Japan. Many are speculating that the BoJ is going to have to hike rates now," said Naomi Fink, senior currency strategist at BNP Paribas. "The U.S. data doesn't help, especially given" the capital flows report showing dwindling flows to fund the U.S. current account deficit, she said.
Chart of C_JPY
In New York trading, the euro stood at $1.3146, compared with $1.3127 late Wednesday, $1.3172, the highest level since Jan. 4. The dollar was quoted at 119.31 yen, compared with 120.71 yen. In intraday trading, it touched 119.29 yen, the lowest level since Jan. 10.
The British pound traded at $1.9544, compared with $1.9625. The dollar changed hands at 1.2333 Swiss francs, compared with 1.2349 francs.
The euro fetched 156.89 yen, compared with 158.55 yen. See live currency rates.
"The dollar is on the ropes as the outlook for both growth differentials and interest rate differentials continue to deteriorate," said Michael Woolfolk, senior currency strategist at The Bank of New York. "Look for the dollar for sustain more losses going into the three-day holiday weekend."
First outflow since 2005
Monthly capital flows reversed to an outflow of $11 billion in December compared to an inflow of $70.5 billion in November, the Treasury Department said. This was the first outflow since June 2005.
Net long-term capital inflows, meanwhile, fell to $15.6 billion in December from $84.9 billion in November. This is the lowest inflow since January 2002. The trade gap for the month stood at $61.2 billion. See full story.
"Today's TICS surprise moves global imbalance and U.S. twin deficit problem back on the front burner, with a red flag raised on adequate funding of the U.S. current account deficit," Woolfolk said.
Read the complete story...
The yen received a boost after government data showed the Japanese economy expanded at a faster-than-expected pace in the fourth-quarter, sparking speculation the Bank of Japan will raise interest rates next week.
"We have better than expected data from Japan. Many are speculating that the BoJ is going to have to hike rates now," said Naomi Fink, senior currency strategist at BNP Paribas. "The U.S. data doesn't help, especially given" the capital flows report showing dwindling flows to fund the U.S. current account deficit, she said.
Chart of C_JPY
In New York trading, the euro stood at $1.3146, compared with $1.3127 late Wednesday, $1.3172, the highest level since Jan. 4. The dollar was quoted at 119.31 yen, compared with 120.71 yen. In intraday trading, it touched 119.29 yen, the lowest level since Jan. 10.
The British pound traded at $1.9544, compared with $1.9625. The dollar changed hands at 1.2333 Swiss francs, compared with 1.2349 francs.
The euro fetched 156.89 yen, compared with 158.55 yen. See live currency rates.
"The dollar is on the ropes as the outlook for both growth differentials and interest rate differentials continue to deteriorate," said Michael Woolfolk, senior currency strategist at The Bank of New York. "Look for the dollar for sustain more losses going into the three-day holiday weekend."
First outflow since 2005
Monthly capital flows reversed to an outflow of $11 billion in December compared to an inflow of $70.5 billion in November, the Treasury Department said. This was the first outflow since June 2005.
Net long-term capital inflows, meanwhile, fell to $15.6 billion in December from $84.9 billion in November. This is the lowest inflow since January 2002. The trade gap for the month stood at $61.2 billion. See full story.
"Today's TICS surprise moves global imbalance and U.S. twin deficit problem back on the front burner, with a red flag raised on adequate funding of the U.S. current account deficit," Woolfolk said.
Read the complete story...
Tuesday, February 13, 2007
Valentine's Day
Valetine's Day
Did you know that tomorrow is Valentine's Day? Well you better have! Though, we are talking about Valentine's Day today the real question is what is Valentine's day really about these days. We keep seeing more and more money revolving around Valentine's Day and what seems to be less and less love. Though, my heart tells me it should be more about love and appreciation for those who matter most to us. Though, the said factor of the matter is that Valentine's Day is truly big business.
According to the National Retail Federation, U.S. consumers are expected to fork over almost $17 billion this year on Valentine's gifts for their loved ones. That's $17 billion spent on one day -- in the name of cubid.
Did you know that tomorrow is Valentine's Day? Well you better have! Though, we are talking about Valentine's Day today the real question is what is Valentine's day really about these days. We keep seeing more and more money revolving around Valentine's Day and what seems to be less and less love. Though, my heart tells me it should be more about love and appreciation for those who matter most to us. Though, the said factor of the matter is that Valentine's Day is truly big business.
According to the National Retail Federation, U.S. consumers are expected to fork over almost $17 billion this year on Valentine's gifts for their loved ones. That's $17 billion spent on one day -- in the name of cubid.
Friday, February 09, 2007
Friday Bullets
When the market trend challenges their beliefs, what do we hear from market "experts"?
I am not wrong; most people are just too stupid to understand what's going on.
My arguments are really good. It's only a matter of time until I'm right. (I am not wrong, just early.)
I never guaranteed that what I predicted would happen. I just said it probably would based on history.
If the Plunge Protection Team (or hedge funds or big brokers) hadn't manipulated the market, I would have been right.
I may be wrong on a lot of little things, but I'm right on the big ones.
I was wrong (thank goodness), but following my advice didn't cost that much. If I'd been right, and you didn't follow my advice, you'd be wiped out.
What I said in public may have looked wrong, but what I privately told clients was dead-on.
How could I be wrong if I'm so rich and famous?
What will Crude oil do? And what kind of effect will it have on the market?
Before Friday, crude oil had not traded above $60 a barrel on the Nymex since Jan. 3, the first trading day of the year.
Broadcom Calling a Come Back (BRCM, 33.67)
MasterCard Inc., the world's largest credit-card brand, said Friday its fourth-quarter profit topped Wall Street expectations as strong consumer spending boosted transactions.
Lastly, when is StockLemon going update?
CNBC starting an investment game for real cash prizes.
CNBC starting an investment game for real cash prizes.
Beginning on March 5, 2007, CNBC is starting the Million Dollar Portfolio Challenge where you can sign up and create a pretend portfolio. At the end of each week, the winner will win $10 000. After 10 weeks, the 10 weekly winners as well as the top 10 rankers will have another chance to compete at the $1 million grand prize.
You can also get extra money to invest with by doing daily trivia and referring friends to play the game too. Sounds interesting for people who love to take risks and have such a large sum of money to invest with!!! Sign up here!
Beginning on March 5, 2007, CNBC is starting the Million Dollar Portfolio Challenge where you can sign up and create a pretend portfolio. At the end of each week, the winner will win $10 000. After 10 weeks, the 10 weekly winners as well as the top 10 rankers will have another chance to compete at the $1 million grand prize.
You can also get extra money to invest with by doing daily trivia and referring friends to play the game too. Sounds interesting for people who love to take risks and have such a large sum of money to invest with!!! Sign up here!
Wednesday, February 07, 2007
Corning (GLW)
Corning (GLW)
Corning Incorporated provides technology-based products and services in the United States. The company operates through four segments: Display Technologies, Telecommunications, Environmental Technologies, and Life Sciences. The Display Technologies segment manufactures glass substrates for liquid crystal displays that are used in notebook computers, flat panel desktop monitors, and LCD televisions.
Corning is a blue chip company that has some strong, long, and distinguished history. Did you know that Corning was around to develop the bulb-shaped glass for Thomas Edison's incandescent lamp. While Corning is old this should not scare you away from this stock, because it continues to grow. With it's LCD televisions, optical fiber technology products, and many more.
We find this interesting as well coming from Breifing.com, Corning (GLW 20.86)
Updated: 24-Jan-07 13:26 ET was Updated: 24-Jan-07 13:26 ET
Earning Its Keep
A consequence of its decision is that Corning's first quarter won't look so robust. Currently, the company is estimating sales in the range of $1.26 to $1.31 billion and earnings in the range of $0.24 to $0.27, before special items. That compares to sales of $1.26 billion and earnings of $0.27 per share in the prior-year period.
Comparisons to 2006 will be challenging overall, as Corning's net income increased 35%, excluding items, to $1.78 billion, or $1.12 per share, on a 13% increase in sales to $5.17 billion. Its equity affiliates - Dow Corning and Samsung Corning Precision Glass - contributed 52% of net income, net of impairments. The FY07 consensus EPS estimate currently stands at $1.25, according to Reuters Estimates.
The drop in energy prices, which should help cut manufacturing costs, should help on the comparison front, as would an increased number of fiber-to-the-premises deployments by Verizon (VZ). Separately, a forecasted sales increase of more than 60% for its heavy-duty diesel products, which will stem from new U.S. emissions regulations that went into effect on Jan. 1, bodes well for Corning's growth prospects in 2007.
Also, just a little side note, we thought it would be interesting to pull up the history prices of GLW. Especially right around when this article came out from Briefing.com
This is what we found when we went to yahoo and pulled up the prices from Jan 23 to now. Knowing that someone knew this article was coming out, and now look at the price today Currently as of 22.52 what it opend at!
Date Open High Low Close Volume Adj Close*
7-Feb-07 22.52
6-Feb-07 21.50 22.41 21.45 22.37 36,924,000 22.37
5-Feb-07 21.19 21.58 21.17 21.36 15,186,900 21.36
2-Feb-07 20.86 21.23 20.85 21.09 14,004,900 21.09
1-Feb-07 21.00 21.14 20.70 20.86 10,674,700 20.86
31-Jan-07 20.74 20.97 20.30 20.84 13,931,900 20.84
30-Jan-07 20.76 21.01 20.64 20.68 13,292,800 20.68
29-Jan-07 21.15 21.28 20.79 20.92 11,096,300 20.92
26-Jan-07 21.28 21.30 20.95 21.20 12,167,100 21.20
25-Jan-07 21.30 21.73 20.89 21.16 27,326,800 21.16
24-Jan-07 20.21 21.09 20.20 20.90 65,890,000 20.90
23-Jan-07 18.95 19.00 18.60 18.84 14,801,900 18.84
Corning Incorporated provides technology-based products and services in the United States. The company operates through four segments: Display Technologies, Telecommunications, Environmental Technologies, and Life Sciences. The Display Technologies segment manufactures glass substrates for liquid crystal displays that are used in notebook computers, flat panel desktop monitors, and LCD televisions.
Corning is a blue chip company that has some strong, long, and distinguished history. Did you know that Corning was around to develop the bulb-shaped glass for Thomas Edison's incandescent lamp. While Corning is old this should not scare you away from this stock, because it continues to grow. With it's LCD televisions, optical fiber technology products, and many more.
We find this interesting as well coming from Breifing.com, Corning (GLW 20.86)
Updated: 24-Jan-07 13:26 ET was Updated: 24-Jan-07 13:26 ET
Earning Its Keep
A consequence of its decision is that Corning's first quarter won't look so robust. Currently, the company is estimating sales in the range of $1.26 to $1.31 billion and earnings in the range of $0.24 to $0.27, before special items. That compares to sales of $1.26 billion and earnings of $0.27 per share in the prior-year period.
Comparisons to 2006 will be challenging overall, as Corning's net income increased 35%, excluding items, to $1.78 billion, or $1.12 per share, on a 13% increase in sales to $5.17 billion. Its equity affiliates - Dow Corning and Samsung Corning Precision Glass - contributed 52% of net income, net of impairments. The FY07 consensus EPS estimate currently stands at $1.25, according to Reuters Estimates.
The drop in energy prices, which should help cut manufacturing costs, should help on the comparison front, as would an increased number of fiber-to-the-premises deployments by Verizon (VZ). Separately, a forecasted sales increase of more than 60% for its heavy-duty diesel products, which will stem from new U.S. emissions regulations that went into effect on Jan. 1, bodes well for Corning's growth prospects in 2007.
Also, just a little side note, we thought it would be interesting to pull up the history prices of GLW. Especially right around when this article came out from Briefing.com
This is what we found when we went to yahoo and pulled up the prices from Jan 23 to now. Knowing that someone knew this article was coming out, and now look at the price today Currently as of 22.52 what it opend at!
Date Open High Low Close Volume Adj Close*
7-Feb-07 22.52
6-Feb-07 21.50 22.41 21.45 22.37 36,924,000 22.37
5-Feb-07 21.19 21.58 21.17 21.36 15,186,900 21.36
2-Feb-07 20.86 21.23 20.85 21.09 14,004,900 21.09
1-Feb-07 21.00 21.14 20.70 20.86 10,674,700 20.86
31-Jan-07 20.74 20.97 20.30 20.84 13,931,900 20.84
30-Jan-07 20.76 21.01 20.64 20.68 13,292,800 20.68
29-Jan-07 21.15 21.28 20.79 20.92 11,096,300 20.92
26-Jan-07 21.28 21.30 20.95 21.20 12,167,100 21.20
25-Jan-07 21.30 21.73 20.89 21.16 27,326,800 21.16
24-Jan-07 20.21 21.09 20.20 20.90 65,890,000 20.90
23-Jan-07 18.95 19.00 18.60 18.84 14,801,900 18.84
Cisco (CSCO) is the Hot Stock This Morning
Today all the talk is about Cisco. Some are stating that Wall St. is set to rise on Cisco, economic data!
Others are saying a good earnings report from the tech leader has the Nasdaq indicated higher, and is boosting the S&P as well.
Whatever the talk is about Cisco, it's big, and a lot of people are suggesting to buy some this morning. Check out Cisco (CSCO) and this could be an interested one to keep your eye on.
Others are saying a good earnings report from the tech leader has the Nasdaq indicated higher, and is boosting the S&P as well.
Whatever the talk is about Cisco, it's big, and a lot of people are suggesting to buy some this morning. Check out Cisco (CSCO) and this could be an interested one to keep your eye on.
Friday, February 02, 2007
Words of Wisdom by Jesse Livermore
“I don’t know whether I make myself plain, but I never lose my temper over the stock market. I never argue with the tape. Getting sore at the market doesn’t get you anywhere.”
"A loss never bothers me after I take it. I forget it overnight. But being wrong-not taking the loss-that is what does damage to the pocketbook and to the soul."
Words of Wisdom by Jesse Livermore
"A loss never bothers me after I take it. I forget it overnight. But being wrong-not taking the loss-that is what does damage to the pocketbook and to the soul."
Words of Wisdom by Jesse Livermore
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