U.S. Major Indices
| Dow | 10023.42 | +17.46 |
| S&P 500 | 1069.30 | +2.67 |
| Nasdaq | 2112.44 | +7.12 |
| 10 Yr. % | 3.503 | -0.03 |
Live Stock Quotes
- November 6, 9:59 pm: Regulators close four more banks, in California, Michigan, Minnesota and Missouri, bringing 2009's bank-failure total to 120. Combined estimated cost to the FDIC's Deposit Insurance Fund of today's five failures: $1.5B. United Commercial Bank, based in San Francisco, was the latest and largest closure.
Post your comment!- November 6, 4:48 pm: Bank failure #116: United Security Bank of Sparta, Georgia.
1 comment!- November 6, 4:45 pm: MSNBC had a bad Friday, thanks to a really rude Twitter hack. Techcrunch calls it 'a lesson in controlling your online brand.'
Post your comment!- November 6, 4:00 pm: Squid flu? Growing frustration over reports that Goldman Sachs (GS) (along with big employers including Citigroup (C) and Morgan Stanley (MS)) is receiving hundreds of H1N1 vaccines before many hospitals do. David Weidner has a reader's limerick: "As jobless rates keep getting worse/The bankers cut lines to the nurse/Bad debts they accrue/But when there's swine flu/They finally turn risk-averse." NYC's health commissioner defends the distribution.
6 comments!- November 6, 3:48 pm: A standoff is in the works as Kraft (KFT) faces a Monday "put up or shut up" deadline from the U.K. Takeover Panel in its bid for Cadbury (CBY) - whose earlier rejection suggested that Kraft might have to raise its $16.7B bid (a 31% premium at the time). But no other suitors have emerged. Since the offer: KFT -4%, CBY +33%.
1 comment!Market Movers
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- 11:44 pm: BP Revamp Bears Fruit
- 11:41 pm: Honda Earnings Beat Expectations
- 9:49 pm: Steelmakers Suffer From Weak Demand
- 3:13 pm: Chinese Airlines Report Profits
- 11:04 pm: Some Bankers Cool on Hot Rusal IPO
- 8:29 pm: Boston Scientific to Settle
- 8:23 pm: EBay Settles Suit Over Skype
- 8:14 pm: AES Sells Stock to China's CIC
- 3:23 pm: Blackstone Reports Slimmer Loss
- 6:56 pm: 'Fast Money' Recap: Resilient Market
- 8:48 am: Crocs, Taser: Early Volume Movers
- 11:41 am: Dynegy, MetroPCS: Midday Volume Plays
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The domestic natural gas industry has fallen on hard times due to a supply glut and a sharp fall in commodity prices over the course of the last year, but with last week’s latest news things are beginning to look up again. T. Boone Pickens, the long time crude oil bull turned alternative energy maven, has begun working on legislation that is gathering very impressive bipartisan support. The conveniently named NAT GAS Act (New Alternative Transportation to Give Americans Solutions) was introduced by Pickens along with Senate Majority Leader Harry Reid (D-NV), Senator Robert Menendez (D-NJ), and Senator Orrin Hatch (R-UT) in a letter to President Barack Obama on July 8th, 2009. The group’s legislation provides a real fundamental shift in the way investors should analyze natural gas companies, especially those in the natural gas transportation industry such as Energtek, Inc. [[EGTK.PK]]. Read more » |
Boone Boosts Energtek
The domestic natural gas industry has fallen on hard times due to a supply glut and a sharp fall in commodity prices over the course of the last year, but with last... Read more »
The Long and the Short of it All
We are presenting a list of companies which we believe are currently mispriced, based on our estimate of fair value, by the market. We develop our fair value ranges... Read more »
MWW Automotive Group Enters into Distribution Contract
MWW Automotive Group [[MWWC.OB]], a full-service global design, engineering and manufacturing firm providing customized accessories for leading international vehicle... Read more »
Natural Resources, Energy and Precious Metals Update
Many investors are somewhat dazed and befuddled as they watch what used to be called “The Natural Resources Sector” bounce up and down as the summer... Read more »
A Tipping Point?
Almost everyone is looking for a tipping point. At this time we are looking for signs that the decline in the economy and in the financial markets is lessening... Read more »
The Banking System Is Sitting On It’s Hands
It’s time for another quick look at the United States banking system. Whoops! Nothing happening there. Are they still alive? Federal Reserve Bank Credit has increased... Read more »
