Category: stock market

Facebook Plunges Below IPO Price in Frenetic Trading

Image via CrunchBase (UPDATED) Facebook’s lackluster reception on Wall Street continued today, as shares fell sharply below its $38 IPO price. The stock closed at $34.03, down about 11%. It was by far the most active stock on the Nasdaq Stock Market. Some 143 million shares trading hands. By comparison, the [...]

Monday May 21st, 2012 in stock market | No Comments »

Verizon Likely To Leap $5 Higher By 2014

By Mel Daris: Verizon (VZ), divided into the Verizon Wireless and Wireline segments, provides communication, information and entertainment products and services to consumers, businesses and government agencies worldwide. Its stock, currently trading around $41, is at its highest levels in over four years, and the company has quarterly revenue exceeding $28 million. Trading at its [...]

Medgenics Moving In Record Time

By Ray Dirks: Medgenics (MDGN) scores again. After a season of good news, the company recently told investors that in record time, the FDA approved its filing to start clinical trials using its Biopump platform technology to treat anemia in kidney dialysis patients. As we’ve said in the past, EPODURE, one of MDGN’s three proprietary [...]

Davita Buy Points To Health Care’s Future

By Dana Blankenhorn: What most doctors have feared as a consequence of health care reform is happening anyway. They are becoming employees rather than small businesses. That’s the lesson of Davita’s (DVA) $4.42 billion purchase of Healthcare Partners, a privately held physicians group with 700 doctors in California, Nevada and Florida. Once a physician becomes [...]

Google Shows How To Navigate The Political Web

By Dana Blankenhorn: The most important part of Google’s (GOOG) original “don’t be evil” mantra was a desire to stay above the political fray. But as the Internet has become increasingly vital, as it has come to define economies, it has of necessity become a political football. The ability of Internet companies to navigate these [...]

Facebook Drops Below IPO Price In Frenetic Trading

Image via CrunchBase Facebook’s lackluster reception on Wall Street continued this morning, as shares fell below its IPO price in early morning trading. At 9:35 a.m., the stock is trading near $35, down about 8%. It’s by far the most active stock on the Nasdaq Stock Market. Some 7.2 million shares [...]

Monday May 21st, 2012 in stock market | No Comments »

Spartan Stores Growing Through New Smaller Store Concept

By Chris Katje: In my last Spartan Stores (SPTN) article (After Recent Slide, Spartan Stores Shares Look Attractive); I called for the company to surpass the $0.44 analysts were expecting in the first quarter. In that same article, I called for a share price of $22 by the end of 2012 for Spartan shares. After [...]

Interview With Skullcandy CEO Jeremy Andrus

By Galileo Russell: Skullcandy is a leading audio brand that reflects the collision of the music, fashion and action sports lifestyles. Our brand and distinctive logo symbolizes youth and rebellion, and embodies our motto, every revolution needs a soundtrack. – Skullcandy.com Skullcandy has seen overwhelming success and growth since its inception in 2003. Skullcandy Complete [...]

Don’t Be Fooled, Skullcandy’s Brightest Days Are Ahead

By Galileo Russell: Despite reporting Q1 revenue $9 million above analyst estimates, and beating EPS estimates by $0.01 per share, Skullcandy (SKUL) has fallen over 26% since its Q1 report. To add to the confusion, Q1 was actually the last quarter before Skullcandy unveiled Supreme Sound, its biggest product refresh in over a year. Because [...]

4 Reasons Baidu Warrants Attention

By Tradevestor: Baidu (BIDU) is perhaps the most followed Chinese stock. And given the stock’s wide following, it would be an injustice to both the company and the readers to introduce Bidu. So cutting to the chase, this article presents 4 reasons why we believe Bidu is getting into a “strong buy” zone. Historical Valuation: [...]

The Barriers Natural Gas Faces

By Paulo Santos: Natural gas (UNG) bottomed one month ago. Stagnated production (though still up year-on-year), together with much higher demand for power generation, have meant the former fear that natural gas could fill up all available storage is receding. EIA’s weekly updates continue to confirm this bullish thesis, which I first put forward on [...]

Discovery Laboratories: A Hidden Gem In Biotech

By Doolan Wesley: Investing in biotech companies can be viewed as “risky business” in today’s world, with the FDA having a tight grip over the regulations needed for a product to reach the market. This year though, Discovery Laboratories Inc. (DSCO) introduced not one, but two new products to the market that could have a [...]

RPC Inc: Is Rising Oil Production Saving The Economy?

By Harrison Jaynes Capital: As the market continues to reward companies with little to no earnings or growth, one sector that continues to get punished for producing record profits is the oil and gas services industry. RPC, Inc (RES) is a holding company whose operating units, Cudd Energy Services, Patterson Rental and Fishing Tools, Bronco [...]

PFB Corp Integrates Upstream, Just In Time For Green Housing Market Upturn

By Tom Konrad (AltEnergyStocks): On May 9, green building firm PFB Corporation (PFBOF.PK) announced that it had signed a letter of intent with NOVA Chemicals for PFB to acquire NOVA’s Performance Styrenics business. The all share deal will give NOVA an equity stake in PFB as well as two seats on PFB’s board. PFB’s Plasti-Fab [...]

Great Wall Builders: Cutting Edge Fuel Technology Makes It A Compelling Buy

By Dan Pritch: The rise in gas prices has been tremendous over the past 4 years. Below is a 10 year chart of U.S. Regular Gasoline Prices documenting the rise with data sourced from the Energy Information Administration. For U.S. consumers and businesses, this isn’t good news. We are now approaching 10-year highs set in [...]