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Todd ShriberDebt Ceiling Debate Creates Opportunity Mortgage REITs, KBW Says (NLY, HTS, CMO, IVR, BRT, CYS, NRF)by Todd Shriber | July 29th
Shares of Annaly Capital Management (NLY), the largest U.S. mortgage REIT by market value, are down another 4% today as the debate on Capitol Hill to extend the U.S. debt ceiling drags on, approaching the August 2nd deadline. Annaly has seen…  Sify Puts A Post-Earnings Charge Into India ADRs (SIFY, TTM, HDB, INFY, IBN, SAYCY, WIT)by Todd Shriber | July 29th
Shares of Sify Technologies (SIFY), the Indian provider of business and consumer Internet services, are soaring 19% after the company reported a second-quarter EBITDA profit of $2.8 million compared with $510,000 a year earlier as revenue climbed to $50.73 million, a… Analysts Hammer STEC Following Weak Guidance (STEC, OCZ, FIO, EMC, NTAP, STX, WDC)by Todd Shriber | July 29th
Shares of data storage provider STEC Inc. (STEC) are plunging 38% after the company reported second-quarter profit and revenue results that missed its own previous estimates and Wall Street estimates while issuing third-quarter guidance that also falls short of analysts’ expectations.… Icahn Needs To Ante Up More If He Really Wants Clorox (CLX, BIIB, HAIN, LGF, MMI, TTWO, PG, CL, AMLN, FDML, IEP)by Todd Shriber | July 29th
Shares of consumer products giant Clorox (CLX), the maker of its namesake bleach and Hidden Valley salad dressings, are fractionally lower today despite a Bloomberg News report that says corporate raider Carl Icahn may have to pony up another $600 million if… Molycorp Leads Rare Earths Rally After New Supply Agreement (MCP, REE, AVL, LYSCF, REMX, NEMFF)by Todd Shriber | July 28th
Shares of Molycorp (MCP), the largest U.S.-based rare earths miner, are soaring 8% and leading a broader rally in the rare earths sector after the company announced that one of its major supply agreements has been modified to allow the company… Momentum Already Slowing For Google+? (GOOG, LNKD, RENN, QPSA, SINA, UNTD)by Todd Shriber | July 28th
Shares of Google (GOOG), the largest U.S. provider of Internet search services, are up 1% today despite news that momentum for the company’s latest social networking offering, Google+, may already be waning. Last week, the Wall Street Journal reported Google+ had landed… Rumors Abound On New iPhone; Motorola Mobility Struggles To Find Its Way (AAPL, MMI, VZ, GOOG, DELL, RIMM, NOK, HPQ)by Todd Shriber | July 28th
Shares of iPhone maker Apple (AAPL) are up 1% today as a flurry of rumors swirl regarding the fifth generation iPhone, with the China Times reporting the newest version of the wildly popular smartphone could be released in the second week of… Another Price Target Cut For RIM, iPads Encounter Difficulty In Japan (RIMM, AAPL, GOOG, MSFT, DELL, MMI, HPQ, NOK)by Todd Shriber | July 27th
Shares of BlackBerry maker Research in Motion (RIMM) are sliding 5%, encountering more woes after UBS trimmed its price target on the stock to $30 from $41 and lowered its earnings estimates on the Canadian company amid rising competitive threats from… Patriot Coal Slides Again After Goldman Downgrade (PCX, AHGP, ARLP, BTU, CNX, ACI, ANR, CLD)by Todd Shriber | July 27th
Shares of coal miner Patriot Coal (PCX) are plunging 6% after Goldman Sachs downgraded the stock to “neutral” from “conviction buy” and pared its price target on the stock to $24 from $29, citing reduced free cash flow estimates and higher… Macau, Singapore Bolster Las Vegas Q2 Profit (LVS, BYD, MGM, MPEL, ISLE, WYNN)by Todd Shriber | July 27th
Shares of Las Vegas Sands (LVS), the operator of the Palazzo and Venetian resorts, are up 3% after the company posted a second-quarter profit of $367.6 million, or 45 cents a share, compared with a net loss of $4.7 million, or…  |
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