Showing posts with label Stock Market News. Show all posts
Showing posts with label Stock Market News. Show all posts

Ambac is Today's Focus Stock for MicroStockProfit.com

at 9/01/2010 10:31:00 AM
MicroStockProfit.com announces an investment report featuring Ambac Financial Group Inc. . The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

Ambac Financial Group Inc. (ABK) is primarily a holding company. The Company, through its subsidiaries, provides financial guarantees and financial services to clients in both the public and private sectors worldwide. marketwatch.com

Ambac Financial Group, Inc. (NYSE:ABK) gained 5.41% to $0.546 on over 12.49 million shares. The volumes were low today at 12.49 million shares as compared to its daily average volume of 16.49 million shares.

Over the past 52-weeks, the stock traded within the range of $0.40-$3.39.

Stock Value Investing Watch: ADVANCED MICRO DEVICES (NASDAQ:AMD)

at 8/02/2010 10:04:00 AM
Advanced Micro Devices, Inc. (NYSE: AMD) reported the fall of 3.73% to close at $7.49 whereas total traded volume stood at 35.89 million shares. Its price to earnings ratio arrived at 4.68.

AMD reported second quarter earnings of 12 cents a share (excluding the impact of GlobalFoundries), beating the Analysts Consensus Estimate of 6 cents. The company is seemingly being benefited by the surge in information technology spending. The foundry business of AMD was included in the financial statements by means of equity method, still the leverage ratio remains high.

The inventory to sales ratio is consistent showing efficient management. Computing Solutions generated $1.21 billion, up 4.5% sequentially and up 30.9% from the year-ago quarter. The notebook and graphic chip segments growing by double digits were major contributors in the growth of revenue.

During the quarter, AMD repurchased $206 million principal amount of its 6% Convertible Senior Notes due 2015, for a total value of $200 million. AMD expects that its third quarter revenues will grow sequentially 5 to 10% as it is witnessing a strong demand for the notebook chipset. The increased marketing has led to an increase in the operating expenses to $630 million up by $30 Million.

Advanced Micro Devices, Inc. (AMD) is a global semiconductor company. The Company designs and sells microprocessors, chipsets and graphics processors. It offers x86 microprocessors, for the commercial and consumer markets, embedded microprocessors for commercial, commercial client and consumer markets and chipsets for desktop and notebook personal computers (PCs), professional workstations and servers. The Company operates in three business segments: the Computing Solutions segment, which includes microprocessors, chipsets and embedded processors and related revenue; the Graphics segment, which includes graphics, video and multimedia products and related revenue, as well as revenue received in connection with the development and sale of game console systems that incorporate its graphics technology, and the Foundry segment, which includes operating results attributable to front end wafer manufacturing operations and related activities.

SIRI To Report Q2 Results: The Number That Matters

at 8/02/2010 09:54:00 AM
by Dennis “Cos” Costa
Free Real Time Stock Ticker
source: satelliteradioplayground.com
On Wednesday, August 4th 2010 at 8:00 a.m. ET, Sirius XM Radio (NASDAQ:SIRI) will be conducting a conference call to discuss the company’s second quarter 2010 financial and operating results. Investors and analysts have been waiting for this call with much anticipation since the company preannounced on July 7th that they had added over 583K net subscribers in the second quarter. In the same press release, the company raised its guidance for full-year 2010 to more than 1.1M subscribers, while maintaining its guidance to achieve over $100M in free cash flow.

This news of such a large addition in subscribers was achieved with only modest, but stable, vehicle sales being reported in the same quarter. It also was announced after the company had already raised subscriber guidance on May 17th to over 750K, from 500K for the full year. It goes without saying that all eyes will be focused on how the company was able to achieve such dramatic numbers in a relatively flat vehicle sales environment. It will also be of interest to hear what impact these additional subscribers will have on important company metrics in both the short and longer term.

While these subscriber growth numbers appear positive, the company’s stock price is hovering around $1.oo per share and it’s a “banner” for investor confusion at this price. After almost a year of debate and concern over the company maintaining its listing on NASDAQ, having hundreds of pages written debating the pros and cons of a reverse split, surviving two of the company’s automotive partners washing through bankruptcy, and Sirus XM regaining entry into the Russell indexes, the company’s equity continues to frustrate investors. It turns out that all of these regulatory, indexing, and partner uncertainties, have had little to do with the equity price appreciation over the past months.

Citigroup has hired municipal bond strategist George Friedlander

at 7/21/2010 10:16:00 AM
Shares of Citigroup, Inc (NYSE: C) traded up 0.01 on Tuesday hitting $3.99.

The latest News about Citigroup, Inc (NYSE: C)

1. Citigroup, Inc (NYSE: C) has hired municipal bond strategist George Friedlander as the bank’s senior U.S. municipal securities strategist.

Friedlander, age 62, was dismissed by Morgan Stanley Smith Barney during the month of May and will work in Citigroup, Inc (NYSE: C)’s investment research and analysis group. He will be firm’s senior U.S. municipal securities strategist according to an internal memo obtained by the press and will report to Matt King, Citigroup’s global head of credit strategy.

2. Citigroup, Inc (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM) and Bank of America Corp (NYSE: BAC) paid more than $1 billion during the second quarter paying employee bonus taxes levied by the U.K.’s government.

3. Citigroup’s CitiMortgage has been working in the Making Home Affordable program to provide home loan modifications for homeowners who have been struggling to make their mortgage payments and are in need of a more affordable home loan payment from month-to-month. Modification programs have been used by many top lenders in our nation to help homeowners who are struggling but there have been many who are criticizing the efforts of these lenders and some homeowners believe that these institutions are not doing all they can to help homeowners get a more affordable home loan payment.

Maintains “Buy” , Halliburton's shares rise

at 7/21/2010 10:07:00 AM
Free Real Time Stock Ticker:

THE SPARK: Raymond James analyst J. Marshall Adkins raised his rating to "Strong Buy 1" from "Outperform," and the target price to $39 a share from $34 a share.

The analysts wrote, “HAL remains constructive on growth in long-term international services demand, and deepwater drilling is expected to remain a key area. A very short-term pause may be felt as operators reevaluate deepwater processes,

But high capital commitments on multi-year programs support a quick return to solid secular growth in deepwater activity…Stronger than expected benefits of unconventional drilling activity significantly lift our assumptions for Halliburton’s NAM operations and our eps expectations. Our increased earnings estimates and forward shift in our valuation period lifts our target price to $42/shr.”

Of course, in today’s trading environment, ETF investors should use their power to reduce risk via stop-limit sell orders. Trade-ability is one of the big distinctions between ETFs and traditional mutual funds.

Halliburton vastly exceeded earnings expectations for the last quarter, citing natural gas drilling in the U.S. increasing profits by 80 percent.

The company closed at $30.27, gaining $1.10, or 3.77 percent.

Ford sales in China increased 53% during the first half

at 7/05/2010 12:14:00 PM
Today Ford Motor Company reported a significant growth in its Chinese division sales for the first six months of 2010, delivering its "best ever" first-half new vehicle sales

Ford Motor China Chairman and Chief Executive Officer Robert Grazian said, "The continued strong sales numbers are very rewarding for the entire Ford team, who are working hard to build great cars. We are very pleased that more and more Chinese consumers are choosing the stylish, fuel-efficient, high quality vehicles Ford and our joint ventures offer in China."

But Ford Motor Co. (F) reported June sales numbers which fell short of analysts’ estimates as wary consumers avoided large purchases during the month.