How CEOs of the Dow 30 are ranked by their firms' performance under their stewardship: CSCO +958% under Chambers vs. Dow +215%; MCD +287% under Skinner vs. Dow +16%; UTX +164% under Chenevert vs. Dow -4%. Worst performers: AA -77% under Kleinfeld vs. Dow -6%; INTC -63% under Otinelli vs. Dow +17%; BAC -60% under Moynihan vs. Dow -16%. [View news story]
The book-to-bill ratio for solar manufacturing gear has fallen to a historic low of 0.44, according to Solarbuzz, as module makers halt expansion in the face of massive oversupply. The severity of the current module downturn is so large that "corporate failures will be necessary to take capacity out of the system," claims a Solarbuzz analyst. Some major equipment makers: AMAT, VECO, IVAC. (previously) [View news story]
Nice that DOE just gave SPWRA a recent loan guarantee.
"The banks are doing exactly what they should be doing," says Christian Clausen, the president of the European Banking Federation (and CEO of Nordea Bank), applauding EU lenders for dumping their risky sovereign paper. Exposure to the PIIGS "(has) come down quite dramatically," he says, backing up other anecdotal data that has banks eagerly hitting the bids whenever the ECB steps in to buy. [View news story]
Better Place, which develops infrastructure for electric cars, has raised another $200M, with its valuation almost doubling to $2.25B. The company has now raised over $750M in total. New investors GE (GE) and UBS (UBS) joined existing shareholders join HSBC (HBC), Morgan Stanley (MS) and others in the round. [View news story]
Duke needs approval from state regulators to give customers the free car charging stations, a $1.2 million dollar program. It expects to pass on the cost to customers through monthly rates.
The SEC disciplines 7 employees and an 8th quits before possibly receiving the axe over their questionable handling of the Bernie Madoff matter. The punishments include suspensions, pay cuts, and demotions, but suffice it to say it's minor stuff compared to what happened on their watch and a far better shake than if they had jobs in the private sector. [View news story]
The problem with the Occupy protests is that they're not hurting big banks and the 1%; instead, they're killing small business owners who are part of the 99%. "The bodegas, coffee shops, food trucks, restaurants... they’re simply trying to earn a living and are seeing a significant portion of their customer base being blocked from entering their premises." [View news story]
If you want to take advantage of the January effect - where prices of the year's biggest losers tend to rise more in January - do it now, says the Arora Report's Nigam Arora. The strategy originally called for buying depressed stocks in the last week of December, but now that the phenomenon has become so well known, Agora says the time to buy is now in November. Some of his picks: Penson Worldwide (PNSN), Illumina (ILMN), Clearwire (CLWR) and Goldman Sachs (GS) [View news story]
Bank stocks aside this strategy can be effective.
This years laggards tend to get pushed down even further towards the end of the year while some harvest Tax losses to offest their other gains.
This often creates an even more oversold condition, which then sometimes attracts value investers to the names thereafter.
Caution however. Sometimes these names were laggards for good reason.
The problem with the Occupy protests is that they're not hurting big banks and the 1%; instead, they're killing small business owners who are part of the 99%. "The bodegas, coffee shops, food trucks, restaurants... they’re simply trying to earn a living and are seeing a significant portion of their customer base being blocked from entering their premises." [View news story]
Weather getting cold. They will be heading back to Mom's basement soon anyway.
The SEC disciplines 7 employees and an 8th quits before possibly receiving the axe over their questionable handling of the Bernie Madoff matter. The punishments include suspensions, pay cuts, and demotions, but suffice it to say it's minor stuff compared to what happened on their watch and a far better shake than if they had jobs in the private sector. [View news story]
How is it real, if not fired and stripped on their pensions?
Just another example of why government is out of control.
I always love ( and often hear) the one, "Suspended with Pay"
"There is absolutely no excuse for owning the shares at all," says Evolution's Ian Gordon of HSBC (HBC), dismissing the idea it's the best of a bad bunch. He says the bank won't meet even the low-end of its 2013 ROE target and would also miss its cost-cutting target. "Why own HSBC when you can just own no banks at all?" [View news story]
Bank stocks are for Banksters to loot common shareholders, nothing else.
How much are the promises of banks worth? Not very much, it seems. The NYT has found that during the last 15 years, there have been 51 cases in whch the SEC concluded that Wall Street firms broke anti-fraud laws they had agreed never to breach. The violators include the usual suspects: C, GS, JPM and BAC. [View news story]
Since nobody ever goes to jail it will continue.
Does not even take a Crony Capitalist, Talented Bankster, to figure that out.
Ticking time bombs: European banks are sitting on heaps of exotic mortgage products and other risky assets that predate the financial crisis, in addition to all that eurozone sovereign debt. RBS is exposed to nearly €80B worth of risky mortgage assets, eight times more than its sovereign debt burden. Also: HBC, €54B; DB, €51B; ING, €36B. [View news story]
How CEOs of the Dow 30 are ranked by their firms' performance under their stewardship: CSCO +958% under Chambers vs. Dow +215%; MCD +287% under Skinner vs. Dow +16%; UTX +164% under Chenevert vs. Dow -4%. Worst performers: AA -77% under Kleinfeld vs. Dow -6%; INTC -63% under Otinelli vs. Dow +17%; BAC -60% under Moynihan vs. Dow -16%. [View news story]
The book-to-bill ratio for solar manufacturing gear has fallen to a historic low of 0.44, according to Solarbuzz, as module makers halt expansion in the face of massive oversupply. The severity of the current module downturn is so large that "corporate failures will be necessary to take capacity out of the system," claims a Solarbuzz analyst. Some major equipment makers: AMAT, VECO, IVAC. (previously) [View news story]
More Solyndra like failures, yet to come.
"The banks are doing exactly what they should be doing," says Christian Clausen, the president of the European Banking Federation (and CEO of Nordea Bank), applauding EU lenders for dumping their risky sovereign paper. Exposure to the PIIGS "(has) come down quite dramatically," he says, backing up other anecdotal data that has banks eagerly hitting the bids whenever the ECB steps in to buy. [View news story]
Better Place, which develops infrastructure for electric cars, has raised another $200M, with its valuation almost doubling to $2.25B. The company has now raised over $750M in total. New investors GE (GE) and UBS (UBS) joined existing shareholders join HSBC (HBC), Morgan Stanley (MS) and others in the round. [View news story]
http://exm.nr/vWfGIg
Make note, in the following one. Free of Charge" (pun intended)
and "Federal Grant"
http://bsun.md/uOfym9
And this one,
Duke needs approval from state regulators to give customers the free car charging stations, a $1.2 million dollar program. It expects to pass on the cost to customers through monthly rates.
Read more: http://bit.ly/ryUloC
The SEC disciplines 7 employees and an 8th quits before possibly receiving the axe over their questionable handling of the Bernie Madoff matter. The punishments include suspensions, pay cuts, and demotions, but suffice it to say it's minor stuff compared to what happened on their watch and a far better shake than if they had jobs in the private sector. [View news story]
Yes.
http://bit.ly/oOEpc2
Railroad Stocks: Savvy Bet On An American Icon [View article]
The problem with the Occupy protests is that they're not hurting big banks and the 1%; instead, they're killing small business owners who are part of the 99%. "The bodegas, coffee shops, food trucks, restaurants... they’re simply trying to earn a living and are seeing a significant portion of their customer base being blocked from entering their premises." [View news story]
OWS helping create wealth, LOL
http://on.msnbc.com/vD...
If you want to take advantage of the January effect - where prices of the year's biggest losers tend to rise more in January - do it now, says the Arora Report's Nigam Arora. The strategy originally called for buying depressed stocks in the last week of December, but now that the phenomenon has become so well known, Agora says the time to buy is now in November. Some of his picks: Penson Worldwide (PNSN), Illumina (ILMN), Clearwire (CLWR) and Goldman Sachs (GS) [View news story]
This years laggards tend to get pushed down even further towards the end of the year while some harvest Tax losses to offest their other gains.
This often creates an even more oversold condition, which then sometimes attracts value investers to the names thereafter.
Caution however. Sometimes these names were laggards for good reason.
The problem with the Occupy protests is that they're not hurting big banks and the 1%; instead, they're killing small business owners who are part of the 99%. "The bodegas, coffee shops, food trucks, restaurants... they’re simply trying to earn a living and are seeing a significant portion of their customer base being blocked from entering their premises." [View news story]
http://bit.ly/tux5Np
The SEC disciplines 7 employees and an 8th quits before possibly receiving the axe over their questionable handling of the Bernie Madoff matter. The punishments include suspensions, pay cuts, and demotions, but suffice it to say it's minor stuff compared to what happened on their watch and a far better shake than if they had jobs in the private sector. [View news story]
Just another example of why government is out of control.
I always love ( and often hear) the one, "Suspended with Pay"
the equal of more vacation time.
What a Joke.
"There is absolutely no excuse for owning the shares at all," says Evolution's Ian Gordon of HSBC (HBC), dismissing the idea it's the best of a bad bunch. He says the bank won't meet even the low-end of its 2013 ROE target and would also miss its cost-cutting target. "Why own HSBC when you can just own no banks at all?" [View news story]
Good Advice
Post-Solyndra, Clean Tech Is Alive And Growing [View article]
SPWRA & AONE down big despite stronger oil.
All you need to know if one likes to lose money.
4 Rising Stars In The Enterprise Software Space [View article]
Put TRAK on your radar.
How much are the promises of banks worth? Not very much, it seems. The NYT has found that during the last 15 years, there have been 51 cases in whch the SEC concluded that Wall Street firms broke anti-fraud laws they had agreed never to breach. The violators include the usual suspects: C, GS, JPM and BAC. [View news story]
Does not even take a Crony Capitalist, Talented Bankster, to figure that out.
Just one of a hundred examples here;
http://bit.ly/oOEpc2
Ticking time bombs: European banks are sitting on heaps of exotic mortgage products and other risky assets that predate the financial crisis, in addition to all that eurozone sovereign debt. RBS is exposed to nearly €80B worth of risky mortgage assets, eight times more than its sovereign debt burden. Also: HBC, €54B; DB, €51B; ING, €36B. [View news story]
If they lose, you will be be bailing them out.
If they win, it's bonuses for everybody.
Either way, they win, you lose.