Archive for November, 2009
Historical Technical Indicators Point to a Bullish December: Believe it or Not BBD is Still a Buy
With December coming up around the corner many are speculating how the markets will end 2009. I am still questionable and cautious on how the year will end though if we think history usually tends to repeat itself then we could be heading into a bullish month and the best of 2009. Why read and find out
MCLN – Orbital
This chart speaks for itself: Take that $1,000 scenario from yesterday and double it.
Digital Ally, Inc. (NASDAQ: DGLY) Tries To Stay Above $1,50
Digital Ally, Inc. (NASDAQ: DGLY ) stock price once again refused to go below $1.50 limit and bounced up on heavy volume on Friday. Although this might seem like a rebound, some facts are messed up and thus might prevent stock price form going straight up.
Lenovo Group Ltd. (OTCBB: LNVGY) Takes a Chance with a Buyback of Mobile Phone Unit for Double the Price
Lenovo Group Ltd. ( OTCBB: LNVGY, or LNVGY.ob ) racked up a 3.70 percent growth on the stock market in response to last week’s announcement that the company had struck a deal to redeem all assets of Lenovo Mobile Communication Technology Ltd.
Unify Reports Fiscal 2010 Second Quarter Financial Results (Business Wire)
ROSEVILLE, Calif.–(BUSINESS WIRE)–Unify Corp.
China shrugs off EU appeal for help on currency (AP)
NANJING, China (AP) — Summit talks between Chinese and European leaders ended on an off key note Monday as Premier Wen Jiabao rejected calls for a stronger Chinese currency and accused critics of seeking to undermine his country’s rise. AP – Chinese Premier Wen Jiabao, left, is about to shake hands with European Commission President Jose Manuel Barroso during … The one-day summit with the 27-member European Union was the most substantive dialogue between China and its largest trading partner, a market of more than 500 million people, in more than two years.
Sterling hits 1-month low vs euro (at Reuters)
LONDON, Nov 30 (Reuters) – Sterling hit a one-month low against the euro on Monday, stung after a fall in UK consumer confidence underlined weakness in the domestic economy. The pound fell against the euro EURGBP=D4, which climbed half a percent on the day to 91.38 pence, its strongest since late October Sterling hits 1-month low vs euro (at Reuters) is a post from: Penny Stock and OTCBB News
Q+A-Risk of return to recession hangs over Japan’s govt (at Reuters)
By Yoko Nishikawa TOKYO, Nov 30 (Reuters) – Prime Minister Yukio Hatoyama’s government, which took office in September, faces a tough balancing act in stopping Japan’s economy from slipping back into recession and keeping the country’s huge public debt under control. Q+A-Risk of return to recession hangs over Japan’s govt (at Reuters) is a post from: Penny Stock and OTCBB News
European stocks down as Dubai debt worries linger (AP)
LONDON (AP) — European stock markets fell again Monday amid concerns about Dubai’s debt problems, even though the United Arab Emirates’ central bank pledged to make extra funding available to all banks in the country, including foreign institutions with local branches. AP – People walk past an electronic stock indicator in Tokyo, Japan, Monday, Nov.
Las Vegas rebound riding on $8.5B CityCenter (AP)
LAS VEGAS (AP) — Sin City is pinning its biggest bet ever — $8.5 billion — on a 67-acre, six-tower complex of striking hotels, gourmet restaurants, swank shops and a single casino that starts opening Tuesday in the heart of the Las Vegas Strip. AP – The tip of the Aria Hotel and Casino is seen through the facade of Vdara Hotel at CityCenter … {”s” : “mgm”,”k” : “c10,l10,p20,t10″,”o” : “”,”j” : “”} Many watching the high-stakes roll of the dice shudder at the thought that nearly 5,900 rooms in three hotels will be awaiting guests when CityCenter’s crown jewel — the 4,004-room Aria Resort & Casino — opens Dec
BOJ hints market support possible (Reuters)
By Leika Kihara NAGOYA, Japan (Reuters) – The governor of the Bank of Japan said the bank will act decisively in the event of renewed financial market turmoil, his strongest hint yet at fresh support for the economy that analysts say could involve buying more government bonds or a return to quantitative easing. A government spokesman said quantitative easing will indeed be part of the talks when BOJ Governor Masaaki Shirakawa and Prime Minister Yukio Hatoyama meet this week, as the government leans on the central bank to act against deflation BOJ hints market support possible (Reuters) is a post from: Penny Stock and OTCBB News
Dubai exchange nosedives as trading resumes (AP)
DUBAI, United Arab Emirates (AP) — Dubai’s main stock exchange dropped more than 7 percent and Abu Dhabi markets slid more than 8 percent on the first day of trading in the United Arab Emirates since officials went public that conglomerate Dubai World was struggling with its $60 billion in debts. AP – An Emarati man talks on his mobile phone at the Dubai Financial Market in Dubai, United Arab Emirates, … Shares of DP World, a profitable port operating division of the debt-ridden Dubai World, were off nearly 15 percent in early trading Monday when the market opened Dubai exchange nosedives as trading resumes (AP) is a post from: Penny Stock and OTCBB News
JPM: Watch How Hedging Slams The Dollar On The Last Day Of The Month
J.P. Morgan (JPM) highlights that in months where the stock market has rallied, the U.S. JPM: Watch How Hedging Slams The Dollar On The Last Day Of The Month is a post from: Penny Stock and OTCBB News
Three Lou Gehrig’s Disease (ALS) Organizations Grant Funding for Research Collaboration Between RXi Pharmaceuticals and UMass Medical School…
[feedfetcher.net: unable to retrieve full-text content] WORCESTER, Mass.—-Three prominent philanthropic organizations â The Angel Fund, The ALS Therapy Alliance and Project ALS — dedicated to finding a treatment for amyotrophic lateral sclerosis have financed a new collaboration between one of the worldâs leading ALS researchers and RXi Pharmaceuticals Corporation , a biopharmaceutical company pursuing the development and commercialization of proprietary therapeutics based on RNA interference . Three Lou Gehrig’s Disease (ALS) Organizations Grant Funding for Research Collaboration Between RXi Pharmaceuticals and UMass Medical School… is a post from: Penny Stock and OTCBB News
Three Lou Gehrig’s Disease (ALS) Organizations Grant Funding for Research Collaboration Between RXi Pharmaceuticals and UMass Medical School…
[feedfetcher.net: unable to retrieve full-text content] WORCESTER, Mass.—-Three prominent philanthropic organizations â The Angel Fund, The ALS Therapy Alliance and Project ALS — dedicated to finding a treatment for amyotrophic lateral sclerosis have financed a new collaboration between one of the worldâs leading ALS researchers and RXi Pharmaceuticals Corporation , a biopharmaceutical company pursuing the development and commercialization of proprietary therapeutics based on RNA interference . Three Lou Gehrig’s Disease (ALS) Organizations Grant Funding for Research Collaboration Between RXi Pharmaceuticals and UMass Medical School… is a post from: Penny Stock and OTCBB News
PRESS DIGEST – British business – Nov 30
Monday, 30 November 2009 The Times CADBURY CHIEF PREFERS HERSHEY TO KRAFT Todd Stitzer, Cadbury’s( CBRY.L ) chief executive, has for the first time spoken on record regarding speculation that the confectioner could be subject to takeover bids from Hershey ( HSY.N ) and Kraft ( KFT.N ). Mr Stitzer said: “There is quite a lot of cultural similarity.
Piotroski’s F_SCORE
[Delta]LIQUID seeks to measure the historical change in the firm’s current ratio between the current and prior year, where Piotroski defines the current ratio as the ratio of current assets to current liabilities at fiscal year-end: I assume that an improvement in liquidity (i.e., [Delta]LIQUID [is greater than] 0) is a good signal about the firm’s ability to service current debt obligations. The indicator variable F_[Delta]LIQUID equals one if the firm’s liquidity improved, zero otherwise
UPDATE 1-Takeda: eyeing M&A for generics in emerging markets
* Takeda head: eyeing M&A for generic biz in emerging markets * Company is focusing on South America market * Takeda head: not interested in Japan generic drug market TOKYO, Nov 30 (Reuters) – Japan’s biggest drugmaker, Takeda Pharmaceutical ( 4502.T ), could acquire a company to help it enter the generic drug business in emerging markets, with a particular focus on South America, its president said on Monday. Yasuchika Hasegawa, speaking after a speech on Japanese corporate management practices, also said the company was not interested in entering the generic business in Japan
RPT-UPDATE 1-Takeda: eyeing M&A for generics in emerging markets
(Repeats to fix technical glitch) * Takeda head: eyeing M&A for generic biz in emerging markets * Company is focusing on South America market * Takeda head: not interested in Japan generic drug market TOKYO, Nov 30 (Reuters) – Japan’s biggest drugmaker, Takeda Pharmaceutical ( 4502.T ), could acquire a company to help it enter the generic drug business in emerging markets, with a particular focus on South America, its president said on Monday. Yasuchika Hasegawa, speaking after a speech on Japanese corporate management practices, also said the company was not interested in entering the generic business in Japan RPT-UPDATE 1-Takeda: eyeing M&A for generics in emerging markets is a post from: Penny Stock and OTCBB News
Thomson Reuters buys Swiss data provider ASSET4
ZURICH (Reuters) – Thomson Reuters Corp ( TRI.TO ) ( TRI.N ) has purchased Swiss environmental, social responsibility and governance data provider ASSET4, the two companies said on Monday. The amount of the deal was not disclosed Thomson Reuters buys Swiss data provider ASSET4 is a post from: Penny Stock and OTCBB News
