TOP NEWS
MARKET CURRENTS
-
9:31 AM Pandora (P +1.85%) announces a new Facebook (FB) Timeline app which lets users publish music activity automatically to their FB Timeline. P says listeners will have complete control over what they share with their friends and notes that the new offering "builds upon existing Pandora-based social features available on both mobile and the web." (PR) Comment! [Tech, On the Move]
-
9:28 AM Clearwire (CLWR) says it board of directors recommends shareholders approve the Sprint (S) offer to buy the company for $3.40 per share. A voting date is set for May 31. Comment! [Tech, M&A]
-
9:22 AM Allstate (ALL) makes some balance sheet moves, announcing a plan to retire $3B of outstanding senior and subordinated debt with a combination of preferred stock, subordinated "hybrid" debt, and cash. The repurchase of outstanding debt will be done at a premium, forcing a charge to earnings in Q2. (PR) Comment! [Financials]
-
9:22 AM Amazon (AMZN) introduces a new publishing platform that will let writers use characters from existing works of licensed fiction to publish new stories and make them available for purchase in the Kindle store. The author-AMZN split will be 35%-65% for works of 10K words or more. Comment! [Consumer]
-
9:18 AM All bets may not be off regarding iGate (IGTE) after the company dismissed CEO Phaneesh Murthy this week, but Oppenheimer's are, at least in terms of predicting a price. Analyst Glenn Greene removes his $22 target and downgrades the shares to Perform from Outperform, saying "Mr. Murthy was instrumental in IGTE's growth strategy and we suspect key customer relationships. He will not easily be replaced." Comment! [Tech]
-
9:17 AM Apache Corporation (APA) declares $0.20/share quarterly dividend, in line with previous. Forward yield 0.95%. For shareholders of record July 22. Payable August 22. Ex-div date July 18. (PR) Comment! [Dividends]
-
9:17 AM Premarket gainers: ZLC +30%. MBND +24%. CLNT +23%. SKS +18%. ONCY +10%. BIOF +9%. TOL +6%. NTAP +6%. YGE +5%. GALE +5%.
Losers: STP -9%. NBG -7%. BALT -9%. UAN -6%. Comment! [On the Move]
-
9:16 AM Kohl's (KSS) names Michelle Gass to the newly created position of chief customer officer to oversee areas including e-commerce and marketing. The exec comes from Starbucks where she was president of Starbucks Europe, Middle East and Africa. Comment! [Consumer]
-
9:16 AM Outflows from gold ETPs of 10.27 metric tons YTD have surpassed the combined inflows of the previous 2 years, according to Bloomberg. One portfolio manager notes the outflows about equal the amount mined, meaning new supply has doubled this year. "The market has a lot of metal to absorb." GLD +1.3% premarket. 2 Comments [Commodities]
-
9:15 AM Market preview: Stock futures point to gains at the open, with equities poised for a 19th advance in the past 24 sessions. S&P +0.3%. Attention will be focused on Bernanke’s congressional testimony and Fed meeting minutes; investors will be looking for the sweet spot of continuing but slow economic progress that ensures no quick QE letup. Still ahead: existing home sales, EIA petroleum inventories. 1 Comment
STOCKTALKS
Sign in to view StockTalks by people you follow
TOP ARTICLES9:32 AM ET WEDNESDAY MAY 22
PORTFOLIO
| Symbol | Alerts | Price | Chg | % Chg |
|---|
Latest Portfolio Headlines
More on this portfolio:
Day Watch |
Alerts |
Holdings |
Performance |
Momentum |
Valuation |
Profitability |
Dividends |
Debt |
Ownership
LATEST ARTICLES
- Time To Bail On Pandora, Buy Sirius XM by StockSaints • Comment!
- Tim Cook's Improbable Victory In Washington by Felix Salmon • Comment!
- 6 Mid-Cap Electric Utilities For An Income Portfolio by Invest Yourself • Comment!
- 2 Misunderstandings About Japanese Trade by Marc Chandler • Comment!
- 13.4% Dividend Payer Apollo Residential Mortgage's Market Leadership Makes It A Buy by David White • Comment!
- Treasury Wine Estates: Young, Bold, With Signs Of Aging Well by Carole Cable • Comment!
- BDC Risk Profiles: Part 1 by BDC Buzz • 4 Comments
- Why You Should Add IBM To Your Portfolio by Elisa Lemmola • Comment!
- Exxon Mobil: 4 Reasons To DRIP This Company by Tim McAleenan Jr. • 2 Comments
- Daily State Of The Markets: Every Day Should Be Tuesday by David Moenning • Comment!
ALPHA-RICH IDEAS
- Silver Bay Realty Trust: A Disaster Waiting To Happen by Josh Arnold • 8 Comments
- A Sustainable And Growing 8% Yield Is Driving NorthStar Realty Finance's Outperformance by Dane Bowler • 8 Comments
- Ryland: 2 Major Reasons Why This Homebuilder Is At Least 30% Overvalued by Money Investor • 4 Comments
- hhgregg: Gravity Will Return After A 175% Run Over The Last 6 Months by Money Investor • 19 Comments
- The Hard Money Has Been Made In Imperial Holdings by Whopper Investments • 8 Comments
- AdCare Tender Offer Looks Improbable by Benjamin Mackovak • 5 Comments
- CST Brands: Valero's Spin-Off Is Currently Undervalued And Under-Earning by Daniel Phillips • 18 Comments
- TeraGo: The Cheapest Communications Cash Cow You've Never Heard Of by Cash Man • 48 Comments
- POSCO: Sustainable Competitive Advantages, Significant Margin Of Safety And Catalysts For 150% Upside by ROIC1 • 9 Comments
- LCA-Vision: The Case For Calculated Optimism by Thomas Finser • 6 Comments
MACRO VIEW
- 2 Misunderstandings About Japanese Trade by Marc Chandler • Comment!
- Daily State Of The Markets: Every Day Should Be Tuesday by David Moenning • Comment!
- Should Euro-Area Exporters Worry About A Weaker Yen? by AllianceBernstein • Comment!
- Australian Dollar Decline Set To Continue by Shane Brett • Comment!
- Russell 1,000 Or Bust - Japan And Switzerland Pump The Balloon by Philip Davis • Comment!
- 5 Commodity Stocks Moving On News by Matthew Smith • Comment!
DIVIDENDS & INCOME
- 13.4% Dividend Payer Apollo Residential Mortgage's Market Leadership Makes It A Buy by David White • Comment!
- BDC Risk Profiles: Part 1 by BDC Buzz • 4 Comments
- Exxon Mobil: 4 Reasons To DRIP This Company by Tim McAleenan Jr. • 2 Comments
- Apple Share Buyback - The Numbers Talk by J. M. Manness • 6 Comments
- Linn Energy Provides A Good Opportunity For The Long Haul by Efsinvestment • 3 Comments
- Fire That Mutual Fund That Confiscates Your Wealth: How To Rescue Your Retirement by George Schneider • 5 Comments
ETFs & PORTFOLIO STRATEGY
- A New Market Beating Dividend Fund by Ploutos • 1 Comment
- Asset Allocation And Rebalancing Review: May 22, 2013 by James Picerno • Comment!
- Gold And Silver: Bulls, Bears, And Common Ground by Harold Sultan • 6 Comments
- How To Invest In A Low Yield World by CFA Institute Contributors • Comment!
- How To Manage The Risk In REITs by David Fabian • Comment!
- 3 Reasons To Embrace This Particular Active ETF by Gary Gordon • 1 Comment
INVESTING IDEAS
- Treasury Wine Estates: Young, Bold, With Signs Of Aging Well by Carole Cable • Comment!
- Dendreon Analysts Getting Very Skeptical by Bill Maurer • Comment!
- A Great Bargain In Today's Fully-Valued Market by Aristofanis Papadatos • Comment!
- Merck's Novel Immunotherapy Drug Receives 'Breakthrough Therapy Designation' by The Swiss Trader • Comment!
- Will Google Throw In The Towel In The Endgame Against Vringo Due To Legal Precedents? by Patent News • 6 Comments
- The 'New' Celsion Could Be Worth $4 A Share by Quoth the Raven • 7 Comments