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  • Ex-BP manager settles Gulf spill insider trading case [View news story]
    Sounds like he should be working at a hedge fund.
    Apr 17 02:53 PM | Likes Like |Link to Comment
  • Starbucks to move European headquarters [View news story]
    Tit for Tat...recriminations and clenched teeth defenses end up showing that multi-nationals have no country and will all end up with virtual headquarters that can be moved from country to country, playing them off against eachother for the best tax breaks. I would bet Apple's cash hoarde makes them more valuable than half the countries in the world.
    Apr 16 08:22 AM | Likes Like |Link to Comment
  • Ex-litigation, BofA beats forecasts [View news story]
    Question of the Day: If there are always so-called 1 time events which eliminates profit every quarter, is your company making money....really?
    Apr 16 08:16 AM | 3 Likes Like |Link to Comment
  • Walter +5% as it idles Canadian coal mines, but industry needs more cuts [View news story]
    Yes this is great news worth of a 5% increase...less production, less revenue, less losses and less costs...basically less...this is the path of dynamic companies in dynamic industries.
    Apr 15 03:51 PM | Likes Like |Link to Comment
  • Consumer Price Index rises by 0.1% [View news story]
    Well, thank the lord for that...if not for higher food prices we might have had ...gasp...deflation...

    Except for healthcare, energy, food, college, town taxes and assessments, my life has no inflation.
    Apr 15 12:53 PM | 7 Likes Like |Link to Comment
  • Nikkei completes worst week since tsunami [View news story]
    How much money does JPM make from Japan and Japanese companies, IPO, Forex work etc?...hardly unbiased enough to make any statement much less one glowing about the economy there.
    Apr 14 02:02 PM | Likes Like |Link to Comment
  • UBS cuts key coal names to Sell; cites oversupply, benchmark settlement [View news story]
    The conspiracy theorist in me says that the Ukraine thing was one big attempt by the US to get Russia to do what they did. Thus, Western Europe is in a horrible situation for natgas from Russia every winter. The resulting sanctions pushed Putin just as we wanted into China's energy-desperate arms allow the US to step in and sell Europe gas and coal. Central banks get the price inflation they are desperate for, the US creates new markets for our oversupply...
    Apr 9 02:39 PM | Likes Like |Link to Comment
  • Consumer Credit jumps $16.49B in February [View news story]
    98% of consumer credit this past year has been cars and colleges, 2% has been credit la recovery!
    Apr 7 03:56 PM | 8 Likes Like |Link to Comment
  • Paladin Energy: Off The Critical List [View article]
    Fantastic article that hits all the points, logical, with just the right amount of financials and tea leaves. I initially thought that the warhead to nuke ending would be a catalyst but at this point sans Germany and Japan doing a full retreat on shutdown, not sure the company can wait for new organic growth plants to come on line. Amazing the relatively limited number of big players, the danger and cost in creating this product that the price can't be controlled better ala diamonds and oil...the miners need to get with Wall St. and create a new pricing model.
    Apr 7 12:35 PM | Likes Like |Link to Comment
  • Department of Defense Program Names MGM Resorts International "Extraordinary Employer" [View article]
    Nice program, nice press, nice acknowledgement..
    Apr 2 02:11 PM | Likes Like |Link to Comment
  • Hollow Men, Hollow Markets, Hollow World [View article]
    Excellent piece...submit to the Times Op Ed...should make more people think...
    Apr 2 02:09 PM | 2 Likes Like |Link to Comment
  • Rare earth prices to fade as China loses dispute, mines raise output [View news story]
    Mining in a word for investors - disastrous...don't care if you are digging gold, silver, coal, uranium, steel, copper or all is bad these days without the hyperadrenaline charged growth of China.
    Mar 26 03:49 PM | 1 Like Like |Link to Comment
  • UBS downgrades coal names on challenging met coal outlook [View news story]
    Missed the short of a lifetime on EVERY coal stock once the fracking revolution took NG prices to $3...just didn't (and don't) believe that is sustainable either given the tailoff of the wells. Question is, does the NG Ponzi fail before it puts every coal company in BK?
    Mar 26 11:05 AM | 2 Likes Like |Link to Comment
  • Dick Bove Pounds The Table For Bank Of America [View article]
    Exactly right...I think Bove forgot his TI-2500 calculator when he left the burning Rochedale building.
    Mar 24 03:42 PM | Likes Like |Link to Comment
  • Dick Bove Pounds The Table For Bank Of America [View article]
    Bove couldn't guess the time correctly once a day much less twice. He has steadily made calls at EXACTLY the wrong time which is why he has steadily moved down to no-name companies like Rochedale and now Rafferty Capital. I could make calls like banks will be higher in the next 2 years coming in the midst of the greatest Fed intevention of all time with no end in sight. By the way since Bove made the BAC/C call, C is down from $53 to $50 and BAC is up from $15 to $17. I have two counters for all the breathless optimism Bove lists above...Fed UNTaper and China Deleveraging...let's check back next year and see whether these are 2 up 100%.
    Mar 24 03:38 PM | Likes Like |Link to Comment