BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Investors feeling secure with Fortinet]]>http://www.bloggingstocks.com/2009/11/18/investors-feeling-secure-with-fortinet/http://www.bloggingstocks.com/2009/11/18/investors-feeling-secure-with-fortinet/http://www.bloggingstocks.com/2009/11/18/investors-feeling-secure-with-fortinet/#commentsFiled under: , ,

As companies get more reliant on technologies, the risks increase substantially because of the explosion of security threats. As a result, spending on information technology (IT) security software continues to grow at a hefty rate -- despite the recession.

One of the clear beneficiaries is Fortinet, which launched its IPO today. The company issued 12.5 million shares at $12.50 each (the price range was $9 to $11). The underwriters on the deal included Morgan Stanley (MS), JP Morgan (JPM) and Deutsche Bank Securities (DB).

What makes Fortinet different? Keep in mind that the traditional approach to IT security is to implement a variety of different products, like firewalls, filtering, etc. However, this can be expensive and bog down network performance.

Continue reading Investors feeling secure with Fortinet

Investors feeling secure with Fortinet originally appeared on BloggingStocks on Wed, 18 Nov 2009 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>FortinetinthenewsWed, 18 Nov 2009 14:30:00 EST<![CDATA[Cramer on BloggingStocks: This frustrating new market ]]>http://www.bloggingstocks.com/2009/11/17/cramer-on-bloggingstocks-this-frustrating-new-market/http://www.bloggingstocks.com/2009/11/17/cramer-on-bloggingstocks-this-frustrating-new-market/http://www.bloggingstocks.com/2009/11/17/cramer-on-bloggingstocks-this-frustrating-new-market/#commentsFiled under: , , , , , , ,

TheStreet.com's Jim Cramer says there is as extreme an aversion to discipline as he can recall.

If you want to know why it is so frustrating to be buying stocks up here think no further than the Goldman Sachs (GS) (Cramer's Take) push into the high-end retail stocks, a push that, even as flexible and chameleon-like that I am, I find flabbergasting.

All year the trade has been to be buying the recovery stocks, the companies that sell the most expensive goods, and abandon the dollar stocks which peaked last year in the midst of the worst recession since the 1930s. It was plain as day.

Continue reading Cramer on BloggingStocks: This frustrating new market

Cramer on BloggingStocks: This frustrating new market originally appeared on BloggingStocks on Tue, 17 Nov 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cohfeaturedgsjim cramerJimCramerjwnmsrlTue, 17 Nov 2009 09:00:00 EST<![CDATA[Ancestry.com explores an IPO]]>http://www.bloggingstocks.com/2009/11/05/ancestry-com-explores-an-ipo/http://www.bloggingstocks.com/2009/11/05/ancestry-com-explores-an-ipo/http://www.bloggingstocks.com/2009/11/05/ancestry-com-explores-an-ipo/#commentsFiled under: , , ,

When it comes to the Internet, few consumers are willing to pay for services -- especially during the current economic hard times. Yet, there are still some websites that are able to get people to fork over their hard-earned money. One example is Ancestry.com (NASDAQ: ACOM), which provides extensive data and tools to research family histories.

In fact, this week the company hit another milestone: an IPO. Ancestry.com issued 7.4 million shares at $13.50 each. The expected price range was $12.50 to $14.50.

Continue reading Ancestry.com explores an IPO

Ancestry.com explores an IPO originally appeared on BloggingStocks on Thu, 05 Nov 2009 10:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>acomancestryinitial public offeringInitialPublicOfferinginthenewsipoThu, 05 Nov 2009 10:50:00 EST<![CDATA[UBS snags Merrill vet to save its wealth management business]]>http://www.bloggingstocks.com/2009/10/27/ubs-snags-merrill-vet-to-save-its-wealth-management-business/http://www.bloggingstocks.com/2009/10/27/ubs-snags-merrill-vet-to-save-its-wealth-management-business/http://www.bloggingstocks.com/2009/10/27/ubs-snags-merrill-vet-to-save-its-wealth-management-business/#commentsFiled under: ,

In wealth management circles, Robert McCann is a pro. After all, he ran Merrill Lynch's financial advisory business -- known as the "thundering herd" -- which is now part of Bank of America (NYSE: BAC).

However, he left in January and wanted another opportunity. But there was a problem: he had a noncompete. So, with the help of skillful attorneys, he was able to reach some type of settlement.

Continue reading UBS snags Merrill vet to save its wealth management business

UBS snags Merrill vet to save its wealth management business originally appeared on BloggingStocks on Tue, 27 Oct 2009 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BACBank of AmericainthenewsMorgan StanleyMSRobert McCannUBSwealth managementTue, 27 Oct 2009 12:00:00 EST<![CDATA[Earnings highlights: Amazon, Apple, Caterpillar, Hershey, McDonald's, UPS ...]]>http://www.bloggingstocks.com/2009/10/24/earnings-highlights-amazon-apple-caterpillar-hershey-mcdona/http://www.bloggingstocks.com/2009/10/24/earnings-highlights-amazon-apple-caterpillar-hershey-mcdona/http://www.bloggingstocks.com/2009/10/24/earnings-highlights-amazon-apple-caterpillar-hershey-mcdona/#commentsFiled under: , , , , , , , , , , , , , , ,

Here are some highlights from last week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Amazon, Apple, Caterpillar, Hershey, McDonald's, UPS ...

Earnings highlights: Amazon, Apple, Caterpillar, Hershey, McDonald's, UPS ... originally appeared on BloggingStocks on Sat, 24 Oct 2009 14:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3MAAIAAPLAirTranAmazon.comAMZNAppleBank of New YorkBKBlackRockBLKBRCMBroadcomCATCaterpillarCredit SuisseCSearningsGannettGCIHersheyHSYJim CramerKimberley-ClarkKMBLMTLockheeed MartinMCDMcDonaldsMMMMorgan StanleyMSNew York TimesNYTSLMTexas InstrumentsTXNUPSWhirlpoolWHRSat, 24 Oct 2009 14:20:00 EST<![CDATA[Morgan Stanley gets a profit and top spot for M&A]]>http://www.bloggingstocks.com/2009/10/21/morgan-stanley-gets-a-profit-and-top-spot-for-manda/http://www.bloggingstocks.com/2009/10/21/morgan-stanley-gets-a-profit-and-top-spot-for-manda/http://www.bloggingstocks.com/2009/10/21/morgan-stanley-gets-a-profit-and-top-spot-for-manda/#commentsFiled under: , ,

During the past year, Morgan Stanley (NYSE: MS) went from near-death to profitability. Yes, Wall Street can be extremely resilient.

In its latest quarterly report, Morgan Stanley posted a profit of $757 million, or $0.38 per share. This was far below the company's results in the same period a year ago, which came to $7.7 billion, or $6.97 per share (keep in mind there was a large one-time gain for this quarter).

Continue reading Morgan Stanley gets a profit and top spot for M&A

Morgan Stanley gets a profit and top spot for M&A originally appeared on BloggingStocks on Wed, 21 Oct 2009 11:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsGoldman SachsGSinthenewsInvescoMorgan StanleyMSwealth managementWed, 21 Oct 2009 11:50:00 EST<![CDATA[Investors double-down on Verisk IPO]]>http://www.bloggingstocks.com/2009/10/07/investors-double-down-on-verisk-ipo/http://www.bloggingstocks.com/2009/10/07/investors-double-down-on-verisk-ipo/http://www.bloggingstocks.com/2009/10/07/investors-double-down-on-verisk-ipo/#commentsFiled under: , ,

Verisk Analytics isn't a catchy name but it has caught the interest of investors. The data analytics company was able to issue 85.25 million shares at $22 each for its IPO, raising a cool $1.9 billion. So far in today's trading, the shares of the company are up 30% to $28.59.

Basically, Verisk helps businesses deal with risk, with the main focus on property & casualty exposures. For example, the company's models can help predict the loss of a building due to a fire.

Continue reading Investors double-down on Verisk IPO

Investors double-down on Verisk IPO originally appeared on BloggingStocks on Wed, 07 Oct 2009 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>IPOVerisk AnalyticsVeriskAnalyticsWed, 07 Oct 2009 13:40:00 EST<![CDATA[Talecris: Another mega IPO hits the markets]]>http://www.bloggingstocks.com/2009/09/30/talecris-another-mega-ipo-hits-the-markets/http://www.bloggingstocks.com/2009/09/30/talecris-another-mega-ipo-hits-the-markets/http://www.bloggingstocks.com/2009/09/30/talecris-another-mega-ipo-hits-the-markets/#commentsFiled under: , , , ,

Last week, we saw Shanda Games Ltd. (NASDAQ: GAME) raise a cool $1 billion in its IPO.

And today, there was another big-time offering: Talecris Biotherapeutics Holdings picked up $950 in its IPO (issuing 50 million shares at $19 each). This is the second largest IPO of 2009.

Talecris is one of the largest producers/marketers of plasma-derived protein therapies, dealing with things like chronic inflammatory demyelinating polyneuropathy (CIDP), primary immune deficiencies (PI), alpha-1 antitrypsin deficiency, bleeding disorders, and severe trauma.

Continue reading Talecris: Another mega IPO hits the markets

Talecris: Another mega IPO hits the markets originally appeared on BloggingStocks on Wed, 30 Sep 2009 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cGAMEgsipojpmmsTalecristlcrWed, 30 Sep 2009 15:30:00 EST<![CDATA[Citigroup sues Morgan Stanley over credit-default swap agreement]]>http://www.bloggingstocks.com/2009/09/26/citigroup-sues-morgan-stanley-over-credit-default-swap-agreement/http://www.bloggingstocks.com/2009/09/26/citigroup-sues-morgan-stanley-over-credit-default-swap-agreement/http://www.bloggingstocks.com/2009/09/26/citigroup-sues-morgan-stanley-over-credit-default-swap-agreement/#commentsFiled under: , ,

On Friday, Citigroup Inc. (NYSE: C) filed suit in U.S. District Court in Manhattan against rival Morgan Stanley (NYSE: MS) for allegedly breaching a credit-default swap agreement. The suit seeks unspecified damages.

The complaint alleges that Morgan Stanley, which recently announced that its CEO will step down, failed to live up to its obligations regarding the 2006 agreement. Citigroup's Citibank unit says it entered into CDS with Morgan Stanley to protect the bank against losses from a revolving credit line that it entered into with a collateralized debt obligation known as Capmark VI. The CDO was scheduled to mature in 2038, but its performance declined substantially after July 2006 as a result of the global financial crisis.

Continue reading Citigroup sues Morgan Stanley over credit-default swap agreement

Citigroup sues Morgan Stanley over credit-default swap agreement originally appeared on BloggingStocks on Sat, 26 Sep 2009 17:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Capmark VICitibankCitigroupcollateralized debt obligationcredit-default swapinthenewsMorgan StanleyMSSat, 26 Sep 2009 17:40:00 EST<![CDATA[Cramer on BloggingStocks: Worse after Lehman? Are you kidding me? ]]>http://www.bloggingstocks.com/2009/09/14/cramer-on-bloggingstocks-worse-after-lehman-are-you-kidding-me/http://www.bloggingstocks.com/2009/09/14/cramer-on-bloggingstocks-worse-after-lehman-are-you-kidding-me/http://www.bloggingstocks.com/2009/09/14/cramer-on-bloggingstocks-worse-after-lehman-are-you-kidding-me/#commentsFiled under: , , , , , , , , , ,

TheStreet.com's Jim Cramer says everyone in the trenches knows we're better off now -- only the academics disagree.

Am I nuts, or am I missing something? One year after the financial system was brought to its knees, we are back in the mid-9000s and we have taken off the table massive bank risk and are well on our way to recovery.

I keep listening to people like Nobel Prize winner Joseph Stiglitz say the banking system is worse off now and I say to myself, "That's just stupid and wrong and anti-empirical and actually just silly." Anyone who knows what's really going on has to feel this way. And where was Stiglitz when some of us were running around trying to save things?

Continue reading Cramer on BloggingStocks: Worse after Lehman? Are you kidding me?

Cramer on BloggingStocks: Worse after Lehman? Are you kidding me? originally appeared on BloggingStocks on Mon, 14 Sep 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>corsfeaturedfitbfrehbanjim cramerJimCramerlehman brothersLehmanBrotherszionMon, 14 Sep 2009 10:00:00 EST<![CDATA[Morgan Stanley's Mack is out the door]]>http://www.bloggingstocks.com/2009/09/11/morgan-stanleys-mack-is-out-the-door/http://www.bloggingstocks.com/2009/09/11/morgan-stanleys-mack-is-out-the-door/http://www.bloggingstocks.com/2009/09/11/morgan-stanleys-mack-is-out-the-door/#commentsFiled under: , ,

When the financial world was coming apart last year, it seemed that Morgan Stanley's (NYSE: MS) CEO, John Mack, was making prudent strategic decisions. That is, he tried to lower the overall risk-taking at the firm. Mack had to contend with a deteriorating balance sheet, angry shareholders, a steep drop in business and intrusive regulators.

This was in stark contrast to Mack's prior strategy. If anything, he was a risk junkie. And yes, he made some huge bets on real estate investments that turned sour. In fact, they almost destroyed Morgan Stanley. But somehow Mack was able to wrangle a $9 billion investment from Mitsubishi UFJ Financial Group. There was also a TARP loan for $10 billion (which was actually paid back).

Continue reading Morgan Stanley's Mack is out the door

Morgan Stanley's Mack is out the door originally appeared on BloggingStocks on Fri, 11 Sep 2009 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CitigroupGoldman SachsGSinthenewsJames GormanJohn MackMorgan StanleyMSTARPFri, 11 Sep 2009 11:30:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: BX, COF, DD, MS, VMC, WM, ZION ...]]>http://www.bloggingstocks.com/2009/09/09/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/09/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/09/09/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , ,

Analyst upgrades:

  • Citigroup upgraded Capital One (NYSE: COF) to Buy from Hold as it believes the credit cycle is starting to recover for U.S. credit cards and an improving economy will support bank credit stabilization. The firm raised its target on shares to $44 from $28.
  • JPMorgan upgraded Morgan Stanley (NYSE: MS) to Overweight from Neutral on valuation and believes the stock market recovery will serve as a catalyst.
  • Deutsche Bank upgraded F5 Networks (NASDAQ: FFIV) to Buy from Hold after its channel checks indicated a sooner-than-expected order ramp and stabilizing pricing trends. The firm raised its target on shares to $46 from $39.
  • COTT Corp. (NYSE: COT) was upgraded to Buy from Neutral at UBS.
  • Blackstone Group (NYSE: BX) was upgraded to Equal Weight from Underweight at Barclays.
  • Illinois Tool Works (NYSE: ITW) was upgraded to Conviction Buy from Neutral at Goldman.

Continue reading Analyst upgrades, downgrades and initiations: BX, COF, DD, MS, VMC, WM, ZION ...

Analyst upgrades, downgrades and initiations: BX, COF, DD, MS, VMC, WM, ZION ... originally appeared on BloggingStocks on Wed, 09 Sep 2009 11:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analyst upgradesBENBPOPBXCFNCHKPCOFCOTDDdowngradesDuPontEHTHFFIVinitiationsITWLTMMDASMorgan StanleyMSPCUVMCWMZIONWed, 09 Sep 2009 11:20:00 EST<![CDATA[Closing Bell: Shanghai surprise stomps bulls (AIG, FNM, SVA, MVL, DIS, MS)]]>http://www.bloggingstocks.com/2009/08/31/closing-bell-shanghai-surprise-stomps-bulls-aig-fnm-sva-mvl/http://www.bloggingstocks.com/2009/08/31/closing-bell-shanghai-surprise-stomps-bulls-aig-fnm-sva-mvl/http://www.bloggingstocks.com/2009/08/31/closing-bell-shanghai-surprise-stomps-bulls-aig-fnm-sva-mvl/#commentsFiled under: , , , ,

Today's growth being seen in Chicago Purchasing Managers was totally dwarfed by what is still an overbought US stock market. Another big drop in Shanghai and a drop in other major overseas stock markets sealed the fate today. The bears scored another win, but this is just a 'day-two' victory after literally eight or nine days of straight DJIA wins....

Here are today's unofficial closing bell levels:

Dow 9,498.93 -45.27 (-0.47%)
S&P 500 1,020.76 -8.17 (-0.79%)
Nasdaq 2,009.06 -19.71 (-0.97%)

Top Analyst Upgrades
Top Analyst Downgrades

Continue reading Closing Bell: Shanghai surprise stomps bulls (AIG, FNM, SVA, MVL, DIS, MS)

Closing Bell: Shanghai surprise stomps bulls (AIG, FNM, SVA, MVL, DIS, MS) originally appeared on BloggingStocks on Mon, 31 Aug 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>chicago purchasing managersChicagoPurchasingManagersoverseas stock marketsOverseasStockMarketsshanghaiMon, 31 Aug 2009 16:00:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: BA, FRO, GENZ, JBLU, MS, VARI ...]]>http://www.bloggingstocks.com/2009/08/31/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/08/31/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/08/31/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , , ,

Analyst upgrades:

  • FBR Capital upgraded Frontline (NYSE: FRO) to Market Perform from Underperform to reflect the company's above-average day rates and alleviated near-term financing pressures. The firm raised its target on shares to $23 from $14.
  • Baird upgraded Varian Medical (NASDAQ: VARI) to Outperform from Neutral and said checks at ESTRO meeting indicate European radiation therapy market demand will remain "respectable" in 2010 and that launch of Unique could drive incremental demand in developing markets. The firm has a $49 target on shares.
  • Goldman believes GameStop (NYSE: GME) Street expectations are beatable and valuation is attractive. The firm upgraded shares to Conviction Buy from Neutral and has a $28 target.
  • Borg-Warner (NYSE: BWA) was upgraded to Outperform from Market Perform at Wells Fargo.
  • KKR Financial (NYSE: KFN) was upgraded to Outperform from Market Perform at JMP Securities.
  • Cathay Pacific (OTC: CPCAY) was upgraded to Outperform from Neutral at Credit Suisse.

Continue reading Analyst upgrades, downgrades and initiations: BA, FRO, GENZ, JBLU, MS, VARI ...

Analyst upgrades, downgrades and initiations: BA, FRO, GENZ, JBLU, MS, VARI ... originally appeared on BloggingStocks on Mon, 31 Aug 2009 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analyst upgradesBABoeingBPLBWACFNCPCAYdowngradesENPFICOFROGENZGMEinitiationsJBLUJetBlueKFNKOFMorgan StanleyMSSHAWUVSPVARIMon, 31 Aug 2009 12:00:00 EST<![CDATA[Cramer on BloggingStocks: Bernanke halted the wipeout]]>http://www.bloggingstocks.com/2009/08/25/cramer-on-bloggingstocks-bernanke-halted-the-wipeout/http://www.bloggingstocks.com/2009/08/25/cramer-on-bloggingstocks-bernanke-halted-the-wipeout/http://www.bloggingstocks.com/2009/08/25/cramer-on-bloggingstocks-bernanke-halted-the-wipeout/#commentsFiled under: , , , ,

TheStreet.com's Jim Cramer says the Fed chairman saw we were in extreme deflation and prevented us from being brought down.

Ben's back!

Hey, it wasn't such a given, especially on the day when we had the jaw-dropping appointment of Denis Hughes, the president of the New York AFL-CIO, named as chairman of the New York Federal Reserve.

When the smoke is cleared you know that Ben Bernanke and not any other official before or after is going to be credited with recognizing what Lehman was and stood for. Bernanke was recessive and complacent pre-Lehman. He presided over an important debating society. He measured things and kicked them around.

Continue reading Cramer on BloggingStocks: Bernanke halted the wipeout

Cramer on BloggingStocks: Bernanke halted the wipeout originally appeared on BloggingStocks on Tue, 25 Aug 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BernankefeaturedGoldman SachsGSJim CramerJPMJPMorganMorgan StanleymsTue, 25 Aug 2009 10:00:00 EST<![CDATA[Morgan Stanley set to hire up to 400 traders, sales staff]]>http://www.bloggingstocks.com/2009/08/21/morgan-stanley-set-to-hire-up-to-400-traders-sales-staff/http://www.bloggingstocks.com/2009/08/21/morgan-stanley-set-to-hire-up-to-400-traders-sales-staff/http://www.bloggingstocks.com/2009/08/21/morgan-stanley-set-to-hire-up-to-400-traders-sales-staff/#commentsFiled under: , , ,

A report today in The Wall Street Journal (subscription required) states that Morgan Stanley (NYSE: MS) is on the verge of a major hiring push. Sources close to the bank holding company said that Morgan Stanley is planning to expand its ranks by as many as 400 new positions in the trading and sales departments, with the hires to be evenly split between the two areas.

Reportedly, Morgan Stanley is embarking on the hiring spree as it attempts to rebuild its position in fixed-income trading, emerging markets, and foreign exchange. So far this year, the banking issue has added approximately 200 employees to its payroll.

Continue reading Morgan Stanley set to hire up to 400 traders, sales staff

Morgan Stanley set to hire up to 400 traders, sales staff originally appeared on BloggingStocks on Fri, 21 Aug 2009 13:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>employeesinthenewsMorgan Stanleyoptionstechnical analysisFri, 21 Aug 2009 13:00:00 EST<![CDATA[Byron Wien: Legendary investor moves over to Blackstone]]>http://www.bloggingstocks.com/2009/08/13/byron-wien-legendary-investor-moves-over-to-blackstone/http://www.bloggingstocks.com/2009/08/13/byron-wien-legendary-investor-moves-over-to-blackstone/http://www.bloggingstocks.com/2009/08/13/byron-wien-legendary-investor-moves-over-to-blackstone/#commentsFiled under: ,

As seen on the Blackstone Group's (NYSE: BX) latest earnings conference call, the firm is trying to find ways to diversify its platform beyond buyouts (this is no fluke as other firms, like KKR, are doing the same thing). One of the areas of interest is actually hedge funds.

To this end, Blackstone made a big hire this week, bringing Byron Wien on board as the vice chairman of Blackstone Advisory Services. Actually, he is leaving Pequot Capital Management Inc., which is a hedge fund that is in the process of closing down (assets were as high as $15 billion). The firm is now faces an SEC investigation regarding trading in Microsoft's (NASDAQ: MSFT) stock. This is according to a report in the Wall Street Journal [a paid publication].

Continue reading Byron Wien: Legendary investor moves over to Blackstone

Byron Wien: Legendary investor moves over to Blackstone originally appeared on BloggingStocks on Thu, 13 Aug 2009 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Blackstone GroupBXByron WieninthenewsKKRMicrosoftMorgan StanleyMSMSFTPequot Capital ManagementTen SurprisesThu, 13 Aug 2009 14:00:00 EST<![CDATA[Emdeon: An Obama IPO?]]>http://www.bloggingstocks.com/2009/08/12/emdeon-an-obama-ipo/http://www.bloggingstocks.com/2009/08/12/emdeon-an-obama-ipo/http://www.bloggingstocks.com/2009/08/12/emdeon-an-obama-ipo/#commentsFiled under: , ,

Going into its IPO, investors were expecting nice gains from Emdeon. Well, the company did not disappoint. Last night, the company priced 23.7 million shares at $15.50 (this was an 11% increase in the number of shares). It was at the top of its $13.50-$15.50 range.

Emdeon runs a sophisticated platform that connects payers, providers and patients in the US healthcare system (built over the past 25 years). Yes, in light of the proposed reforms from the Obama Administration, this is certainly an attractive space. After all, a big goal is to find ways to cut costs -- and technology should be a key.

Continue reading Emdeon: An Obama IPO?

Emdeon: An Obama IPO? originally appeared on BloggingStocks on Wed, 12 Aug 2009 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BCSEmdeonEmdeon IPOEmdeonIpoGSinthenewsIPOsMSUBSWed, 12 Aug 2009 15:00:00 EST<![CDATA[Ancestry.com goes for the IPO money tree]]>http://www.bloggingstocks.com/2009/08/04/ancestry-com-goes-for-the-ipo-money-tree/http://www.bloggingstocks.com/2009/08/04/ancestry-com-goes-for-the-ipo-money-tree/http://www.bloggingstocks.com/2009/08/04/ancestry-com-goes-for-the-ipo-money-tree/#commentsFiled under: , ,

Ancestry.com has done something that many sites have failed to do -- it built a thriving subscription business. In fact, the site has nearly one million paying subscribers.

Capitalizing on things, Ancestry.com has now filed to go public and the offering should hit the markets within a couple months. Based on the financials and the steady growth rates investors are likely to eat up the shares.

Continue reading Ancestry.com goes for the IPO money tree

Ancestry.com goes for the IPO money tree originally appeared on BloggingStocks on Tue, 04 Aug 2009 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>acomAncestry.cominthenewsIPOsTue, 04 Aug 2009 10:30:00 EST<![CDATA[Closing Bell: The day Oil's back was broken (COP, YHOO, MSFT, GT, MS, GS, GRMN, TRMB)]]>http://www.bloggingstocks.com/2009/07/29/closing-bell-the-day-oils-back-was-broken-cop-yhoo-msft-gt/http://www.bloggingstocks.com/2009/07/29/closing-bell-the-day-oils-back-was-broken-cop-yhoo-msft-gt/http://www.bloggingstocks.com/2009/07/29/closing-bell-the-day-oils-back-was-broken-cop-yhoo-msft-gt/#commentsFiled under: , , , ,

This was a key day for the markets. Oil was down essentially 6% and broke under that $64.00 per barrel mark in NYMEX WTI Crude after inventories showed a surge. But this was based on the economy and on inventories, and this took stocks lower as a result of the current parallel between oil prices and stock prices. A weak forecast for Friday's GDP may be more important than a weak Durable Goods report and more important than the retroactive Beige Book. The good news for today is that the market could have been down much worse than what we saw.

Here were today's unofficial closing bell levels:

Dow 9,070.72 -26.00 (-0.29%)
S&P 500 975.15 -4.47 (-0.46%)
Nasdaq 1,967.76 -7.75 (-0.39%)

Top Upgrades and Downgrades

Continue reading Closing Bell: The day Oil's back was broken (COP, YHOO, MSFT, GT, MS, GS, GRMN, TRMB)

Closing Bell: The day Oil's back was broken (COP, YHOO, MSFT, GT, MS, GS, GRMN, TRMB) originally appeared on BloggingStocks on Wed, 29 Jul 2009 16:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>garmingoodyearoiltrimbleWed, 29 Jul 2009 16:15:00 EST