Archive for August, 2006

Microsoft Awards $951 Million Worth of Stock

August 31, 2006

I found this pretty interesting when I read it today. Today Microsoft (MSFT) handed out performance bonuses of restricted stock. How much? $951 paid out to about 900 different senior executives. First off I didnt even know one company could have so many senior executives, and second that is a pretty handsome bonus list that [...]

Latest Stock Upgrades

August 30, 2006

The latest Stock Upgrades:

InterVoice (INTV) –> Wedbush Morgan –> Buy to Strong Buy –> $10.50 Price Target
Micro Systems (MCRS) –> Brean Murray –> Accumulate to Strong Buy –> $51 PT
Northrop Grumman (NOC) –> Friedman Billings –> Underperform to Mkt Perform –> $68 PT
Jos. A. Bank (JOSB) –> Roth Capital –> Hold to Buy –> $35 [...]

Key Coca-Cola Exec Joins Clorox As CEO

August 30, 2006

Story excerpts come from yahoo finance, thanks guys.
“Clorox Co. has lured away Coca-Cola Co. executive Donald Knauss to guide its household products bazaar, filling a void created after its previous chief executive suffered a heart attack earlier this year.
The Oakland, Calif.-based company announced Knauss’ hiring as its new CEO late Wednesday, shortly after Coca-Cola disclosed [...]

Gold Struggles

August 28, 2006

The Streettracks Gold Trust (GLD) which is a tracking fund that reflects the performance of the price of the gold bullion fell closed below its 50 Day Moving Average. Today was also a distribution day for the fund, and for those who are still bullish on gold and silver stocks need to be extra catious. [...]

Chinese Stock Market Bullish

August 28, 2006

I asked FIO veteran Ailun Zhan for some input on where he feels the Chinese Market is heading. Based out of Shanghai China himself, this is what he had to say:
“Long term fundamentals:
1) Bull market has only been in action for 1 year
2) Margin trading has been allowed
3) Around 10-15 million Chinese trade stocks. That’s [...]

Rubin Quites Ford’s Board

August 27, 2006

The headline, “Citigroup Inc. senior executive Robert Rubin resigned his seat on the Ford Motor Co. board of directors this week in a move that could signal big changes ahead for the automaker, including the potential for a major asset sale.”
Rubin joined the board in 2000, and shares of Ford (F) rose 3.1% to $8 [...]

Latest Stock Upgrades

August 24, 2006

***Written By: Blain Reinkensmeyer Stock Forum ID: StockTrading101***
The latest 5 Stock Upgrades:

Wachovia Securities upgrade of Diamond Offshore Drilling, Inc. (DO) to Outperform from market perform.
C.L. King’s upgrade of Dennys Corp (DENN) to Strong Buy from Neutral.
Morgan Keegan’s upgrade of Williams-Sonoma Inc (WSM) to Outperform from Market Perform.
Cowen & Co.’s upgrade of ViroPharma Incorporated (CPHM) [...]

Ford To Go Private?

August 24, 2006

***Written By: Blain Reinkensmeyer Stock Forum ID: StockTrading101***
News was released today that Ford (F) is considering taking the company private as a possible way to release pressures from the market. Apparently the cost for interested parties could be as little as $13.34 billion, based on the stocks closing price. Ford declined to comment on the [...]