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Upgrades & Downgrades: Surprise Inside for Intel

Thu Nov 19th, 2009

Justin Sharon

As America prepares to tuck into turkeys, Byrd became our longest serving lawmaker, Birds Eye is being bought by Blackstone (BX) and yesterday’s equity action was one for the birds. With h

Six Reasons We Need the Rich

Thu Nov 19th, 2009

Scott Reeves

Novelist F. Scott Fitzgerald, best known for chronicling the rich in The Great Gatsby, supposedly said to Ernest Hemingway, “The rich are different than you and me.”To which Hemingway rep

Upgrades & Downgrades: Abercrombie's In Fashion

Mon Nov 9th, 2009

Justin Sharon

Stanley Works (SWK) but untold others don’t. The toolmaker hit a 52-week high Friday after its Black & Decker (BDK) acquisition even as double digit unemployment threw a wrench into th

Happy Days Again -- For Blackstone, Anyway

Fri Nov 6th, 2009

Scott Reeves

A strong IPO market is good news for private equity, and the new issues market will remain strong into next year, the president and chief operating officer of Blackstone Group (BX) believes.“We

Upgrades & Downgrades: General Electric Gets a Jolt

Fri Nov 6th, 2009

Justin Sharon

Stocks surged, the Dow’s best day since July taking it back above 10,000 as gold rallied for a fourth straight session (see Why Gold Could Still Triple From Here). US worker productivity posted

A Private-Equity Rebirth Is Premature

Wed Oct 14th, 2009

Megan Barnett

Private equity is back!Or so it would seem, according to some of the biggest rock stars from the leveraged buyout industry this week. The Blackstone Group’s (BX) Steve Schwarzman told a Dubai c

Upgrades & Downgrades: Advanced Micro Devices On a Roll

Tue Oct 13th, 2009

Justin Sharon

The S&P 500 rose for a sixth successive session, its best run since June of ‘07, as it and the Dow each ended at highs for the year, although an afternoon about-face on vacation volume mean

Silver Lining in Silver Puts

Tue Oct 6th, 2009

Adam Warner

There was some un-American-style bearish speculation about silver the other day. This is via Schaeffer's:   Put volume was unusually heavy last Friday on iShares Silver Trust (SLV), with acti

Banks' Next Headache is Big Media

Fri Sep 18th, 2009

Scott Reeves

Here’s just what banks don’t need after the housing crunch: a stake in struggling media companies. But it may work out that way, thanks to bankruptcies. When media companies can no longer

As Go Corporate Bonds, So Goes the Market

Thu Aug 13th, 2009

Mike Mish Shedlock

Want to know where the S&P 500 (SPY) is headed? The corporate-bond market likely holds the answer.So far this year, investment-grade-debt sales are on a record pace according to the article Black
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