Dec 11 2012 @ 13:40
Spectra Energy Corp. (
NYSE:SE): The company announced its plan to purchase Express Platte Pipeline. The deal is expected to be worth $1.25 billion. The amount will be paid in cash and will bring 1700 mile pipeline system under the company’s control.
Dec 11 2012 @ 11:53
Fiscal cliff talks between US President Barack Obama and Republican House speaker John Boehner, have been continuing both sides have said. With the end of year deadline looming, both parties are under pressure to ensure an agreement is reached. Deep spending cuts and tax rises due to take effect on 1 January, threaten to halt […]
Dec 10 2012 @ 12:46
CombiMatrix Corporation (
NASDAQ:CBMX): The company stock is currently trading at $12.19, up 41.74 percent from its previous close. It had opened at $7.73 and has traded in the range of $7.24 and $14.11 in the current trading session.
Dec 10 2012 @ 12:01
The US and UK have issued a joint paper outlining an action plan for struggling banks. The plan hopes to protect the tax payer from costly financial bail outs. The plans would involve the creation of one single regulator, which would be responsible for overseeing the insolvency of a big international bank. The plan was […]
Dec 07 2012 @ 09:58
Aeropostale Inc. (NYSE:ARO): Janney Montgomery Scott downgraded the stock from Buy to Neutral. The company has been receiving downgrades for quite some times as Caris & Co. also downgraded the stock to Above Average. Its earlier rating was at Buy.
Dec 07 2012 @ 04:51
The deluded fools still aboard the good ship Sefton (
LSE:SER) were thrown a bone today with news that the pension plan of chairman Jim Ellerton has ponied up £76,145 in a placing at a share price of 1.1044p – this they argue is a huge vote of confidence in the AIM listed oil stock. Er…perhaps not. […]
Dec 06 2012 @ 11:28
Lululemon Athletica Inc. (
NASDAQ:LULU): The stock is currently trading at $70.09, up 2.19 percent from its previous close of $68.59. Lululemon Athletica reported its third quarter results but provided conservative outlook for the fourth quarter.
Dec 05 2012 @ 17:33
AIM listed penny dreadful oil producer Sefton Resources (
LSE:SER) has released November output numbers which it seems to think are good but as ever the reality is rather different. The bottom line is that this company should be issuing a profits (or lack of them) warning. And of course that it will be out of […]
Dec 03 2012 @ 11:55
Deckers Outdoor Corp. (NASDAQ:DECK): The stock is up on the news of rating upgrade from Sterne Agee. Deckers Outdoor stock traded in the range of $41.51 and $42.55 in its current session and now is at $41.61, up 8.67 percent from its previous close. It is trading at beta of 0.8 and the stock’s Price […]
Dec 03 2012 @ 08:42
The political class is today delighted as Starbucks appears to be caving in and agreeing to pay more tax. No doubt Amazon and Google will follow suit. My warning here is that what is going on will cost British jobs and it stinks of high hypocrisy. And yes Margaret Hodge MP I am talking about […]
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