CNBC reports (video) an unusually high volume of call options in Pharmasset (VRUS +84.7%) were purchased just a few days before the buyout of the company by Gilead Sciences (GILD -9.7%). Analysts say the activity may get more than a passing glance look from regulators. [View news story]
The day's trading comes to a merciful end for Green Mountain Coffee (GMCR -39%), and some analysts find the stock's crash inexplicable. Roth Capital's Anton Brenner calls the market’s reaction “ridiculous": Changes in some retailer inventory levels can be traced to K-Cup price increases; "if so, this implies absolutely nothing regarding future sales trends." [View news story]
"The 21st Century may be American after all," writes Ambrose Evans-Pritchard. "Re-inshoring" - the process of jobs lost to China coming back - is a new buzzword as U.S. manufacturing has subtlety become very competitive. Additionally, the country is closer to energy self-sufficiency than commonly believed, and about to get more so. Toss in the best demographics of the major economies and the continuing EU troubles, and it's advantage America. [View news story]
Meh. Mexico will get most of those jobs - that's where the jobs were headed before China undercut labor prices.
According to his biographer, Steve Jobs dreamed of building an Apple (AAPL) television set, and claimed he had "finally cracked" the problem of developing a simple user interface freeing users from dealing with "complex remotes." Rumors that Apple is working on a revolutionary TV set have popped up frequently (I, II, III). (earlier) [View news story]
Here is the Steve Jobs biographer interview on 60 Minutes tonight - its fascinating stuff
More on the latest EU bazooka: As floated earlier, the EFSF will offer first-loss guarantees to holders of sovereign debt, creating an effective fivefold increase in the fund's firepower. Second, EU banks will be recapitalised to a 9% ratio. German and French lenders can do this on their own, while others will receive assistance as necessary. [View news story]
Aruba Networks: Another Excellent Quarter and No Longer Under the Radar [View article]
Its now at the 200 day moving average so there is a decent risk reward entry. One can enter and then stop out if it breaks support. The forward guidanace and some margin pressure seemed to be the culprit for the selloff.
Sina: Tread Cautiously as Momentum Breaks Down [View article]
Yep fell to $106 but now back over the stop out level I mentioned at $115. So it would have been a $2 loss if one had not taken profits. I was hoping for $100 on the downside.
CNBC reports (video) an unusually high volume of call options in Pharmasset (VRUS +84.7%) were purchased just a few days before the buyout of the company by Gilead Sciences (GILD -9.7%). Analysts say the activity may get more than a passing glance look from regulators. [View news story]
The day's trading comes to a merciful end for Green Mountain Coffee (GMCR -39%), and some analysts find the stock's crash inexplicable. Roth Capital's Anton Brenner calls the market’s reaction “ridiculous": Changes in some retailer inventory levels can be traced to K-Cup price increases; "if so, this implies absolutely nothing regarding future sales trends." [View news story]
Las Vegas Sands (LVS): Q3 EPS of $0.55 beats by $0.01. Revenue of $2.41B (+26% Y/Y) beats by $70M. Shares +5.7% AH. (PR). [View news story]
"The 21st Century may be American after all," writes Ambrose Evans-Pritchard. "Re-inshoring" - the process of jobs lost to China coming back - is a new buzzword as U.S. manufacturing has subtlety become very competitive. Additionally, the country is closer to energy self-sufficiency than commonly believed, and about to get more so. Toss in the best demographics of the major economies and the continuing EU troubles, and it's advantage America. [View news story]
What Was Steve's Final 'One More Thing...'? [View article]
http://bit.ly/r4MtoG
According to his biographer, Steve Jobs dreamed of building an Apple (AAPL) television set, and claimed he had "finally cracked" the problem of developing a simple user interface freeing users from dealing with "complex remotes." Rumors that Apple is working on a revolutionary TV set have popped up frequently (I, II, III). (earlier) [View news story]
http://bit.ly/r4MtoG
More on the latest EU bazooka: As floated earlier, the EFSF will offer first-loss guarantees to holders of sovereign debt, creating an effective fivefold increase in the fund's firepower. Second, EU banks will be recapitalised to a 9% ratio. German and French lenders can do this on their own, while others will receive assistance as necessary. [View news story]
http://bit.ly/pJHE41
Travelzoo Succeeds in Spite of Analysts' Expectations [View article]
Its a nice company and all, but lets not get all Travelocity, Expedia, or Priceline
A Blended Portfolio: Top 5 Stock Picks for Diversification This Summer [View article]
Aruba Networks: Another Excellent Quarter and No Longer Under the Radar [View article]
Economic Data Continue to Point to Slowdown [View article]
Sina: Tread Cautiously as Momentum Breaks Down [View article]
IPO Preview: Phoenix New Media [View article]
German Economic 'Miracle' Continues as 5.2% GDP Growth Blasts Past U.S. [View article]
And MSNBC while you are at it...
Extremists get us nowhere
Housing Double-Dip Surprises Economists Again [View article]