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Continue reading Everyone’s Talking About GE

Mar 18 2010

Everyone’s Talking About GE

Posted by: admin in Industry News

Filed under: Industry, General Electric (GE)

General Electric (GE) used to be a blue chip. Well, I suppose you could argue it still is one, but you’ve to admit it hasn’t acted like one for a while. Remember when the stock hit a single-digit, multi-year low last year? That was painful, especially to someone who owned a long-term position in the business. Like myself.

Besides owning a long-term position, I tried trading the company during the economic crisis. I didn’t succeed; I eventually sold the short-term position at a loss, as I mentioned in this piece. But I still hold my long-term shares. And if you haven’t been reading the financial news lately, you’ve missed all the articles about the industrial conglomerate. Looks like everyone is speaking about GE, specifically about its potential to come back in the next year or so.

Everyone’s Talking About GE originally appeared on BloggingStocks on Wed, 17 Mar 2010 15:40:00 EST. Please see our terms for use of feeds.

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Continue reading Chasing Value: 43% Gain to Build a Position in KB Homes

Mar 18 2010

Chasing Value: 43% Gain to Build a Position in KB Homes

Posted by: admin in Real Estate and Housing

Filed under: Market Matters, KB HOME (KBH), Options, Chasing Value, Stocks to Purchase, Housing

It’s time to get serious about home builders again, and today I started building a position in KB Home (KBH) using options. Since the collapse of the residential real estate market three years ago prognosticators have been debating when the home builders might be worthy of investing your precious coin of the realm.

As is to be expected in these volatile times most were either too optimistic or pessimistic and few got it right. Like many stocks the home builders appear to have bottomed last March. In the case of KB Home shares were available at $10. Today they’ve been trading between $17.64 and $18.00 per share, up 80%, although it has been a rocky road.

That is a very healthy return, but there’s much more upside to come. How would you like to make 43% swift? Yeah me too!

Chasing Value: 43% Gain to Build a Position in KB Homes originally appeared on BloggingStocks on Wed, 17 Mar 2010 16:40:00 EST. Please see our terms for use of feeds.

Continue reading VirnetX Wins a $105.8 Million Patent Suit Against Microsoft

Mar 17 2010

VirnetX Wins a $105.8 Million Patent Suit Against Microsoft

Posted by: admin in Stocks News

Filed under: Microsoft (MSFT)

VirnetX (VHC) focuses on commercializing its patent portfolio for real-time communications over the Net. The company is fairly small, with a mere $20,672 in revenues in the latest quarter. There are only 12 employees.

VirnetX Wins a $105.8 Million Patent Suit Against Microsoft originally appeared on BloggingStocks on Wed, 17 Mar 2010 16:00:00 EST. Please see our terms for use of feeds.

Mar 17 2010

Suitcase filled with suspected ‘ransom money’ found - BBC Europe

Posted by: admin in Money and Finance News

Suitcase filled with suspected ‘ransom money’ found - BBC Europe
suspected ransom money found as they carried out a number of arrests in connection with the kidnapping of the British five-year-old Sahil Saeed in Pakistan. Two people have been arrested in Paris, following the arrests of three suspects in Spain

Ex-NFL star Runyan states he’s willing to spend own money to win NJ congressional seat - Chicago Tribune
MOUNT LAUREL, N.J. (AP) — Former NFL lineman Jon Runyan said Thursday that he’s willing to spend his own money to win his campaign for Congress in New Jersey. The ex-Philadelphia Eagle retired from football this year to run as a Republican in New Jersey’s 3rd District, where his party was

New York cycling big money through film, TV - Times Herald-Record
As television and film studios line up to take advantage of one of the few increases in public support promised during New York’s fiscal crisis, the return on what now amounts to a $350 million tax credit for the industry remains out of focus. State Comptroller Thomas DiNapoli says in a report

Criminal charges filed against Wachovia in money - McClatchy
Federal authorities in Miami have filed criminal charges against Wachovia Bank, alleging issue, and are committed to maintaining compliant and effective anti-money laundering policies and practices, and a strong compliance and risk management

Culver wants more money for Iowa schools - Fort Madison Daily Democrat
say budget that doesn’t include an extra $347 million for Iowa during the first week of this year’s session. Culver issued his warning during an event at the Capitol to mark a $50,000 contribution by agriculture giant Cargill to a dropout

Retail incentives unwise use of money - Times and Democrat
That is why it’s vital you make your voices heard and support the decided stand taken by a number of leaders in the Senate, like Tom Davis and Greg Ryberg, who are trying fishing store Cabela’s to come to South Carolina. It would have done

Wachovia settles money-laundering case - Pensacola News Journal
investigation into laundering of drug money through Mexican exchange houses. Two federal law enforcement officials state the agreement being unveiled Wednesday in Miami calls for Wachovia to also institute superior money-laundering controls.

Ex-football star Runyan states he’s willing to spend his own money to win US House seat in NJ - The Gaea Times
MOUNT LAUREL, N.J. — Former NFL lineman Jon Runyan says he’s willing to spend his own money to win his campaign for Congress. The ex-Philadelphia Eagle retired from football earlier this year to run as a Republican in a historically Republican district in New Jersey. His campaign formally begins

Wal-Mart to Add More Money Centers to Stores - MyFox Houston
(The Wall Street Journal) - Years after a failed attempt at securing a bank charter, Wal-Mart Stores Inc. plans to expand the number of its stores offering bank-like services by 50 percent this year, The Wall Street Journal reported Monday. The expansion would push the number of Wal-Marts with

Dennis generously gives back money to FDL - Democratic Underground.com
Still love Dennis. Know he got screwed. Despite our best efforts to show Dennis Kucinich we had his back - Firedoglake raised more than $17,000 for his campaign in just two days - Kucinich announced this morning that he’ll vote yes for the Aetna

Mar 17 2010

Real estate market blows off some steam - Winnipeg Sun

Posted by: admin in Real Estate and Housing

Real estate market blows off some steam - Winnipeg Sun
Canadian existing home sales edged lower for the second straight month, as a cooling Vancouver resale market offset red-hot activity in Toronto, the Canadian Real Estate Association will be closely watched,” stated CREA president Dale Ripplinger.

Foreclosure Training - How to Get Real Estate - PRLog (free press release)
PR Log (Press Release) – Mar 17, 2010 – Most of the people are losing their valuable jobs in these financial recession days. However, there are some fields that are still providing a lot of opportunities to make money. One of them is Real estate

Courses in Commercial Real Estate launched by NIREM - PRLog (free press release)
PR Log (Press Release) – Mar 17, 2010 – With the growth of real estate in India, the roles and responsibilities of real estate professionals have evolved significantly. This in turn has enhanced their need for a background in real estate

What you get for $2,990,000 - Santa Ynez Valley news & real estate Mar 16 - Examiner
Wanted: handy person to sit by beautiful lake all day and rent a boat occasionally, flip some burgers. SB County has an offer you can’t refuse. The Home of the Day is on 8.7 acres at 3331 Baseline Avenue, Santa Ynez, Ca. Listing agent states, “Classic Modern Ranch Estate Property. Turnkey For Horse

Colorado Division of Real Estate Director Erin Toll on - KDVR.com
DENVER (AP) — The Colorado Division of Real Estate director is on leave from her job Ted Harvey as a broker, was under investigation for allegedly sending out advertising fliers that resembled official tax documents. The division later

UPDATE 1-Canada home resales cool for 2nd straight - Reuters
The Canadian Real Estate Association (CREA) said a total of 42,799 homes changed hands last Housing markets are becoming more balanced,” stated Gregory Klump,” CREA’s chief economist. After a relatively short spell of low consumer confidence during

Apollo Commercial Real Estate Finance, Inc. Announces - Earthtimes
NEW YORK, NY — 03/17/10 — Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE: ARI) announced today that its Board of Directors has declared a dividend of $0.35 per common share for the quarter ending March 31, 2010. The dividend is

Report: Chicago’s Mayor Daley questioned by FBI in 2008 regarding real estate project - WQAD
CHICAGO (AP) — The FBI interviewed Chicago Mayor Richard Daley in 2008 about politicians who supported a real estate project that’s now part of a trial in federal court. Chicago Law Department spokeswoman Jennifer Hoyle says the mayor cooperated with the investigators and there’s no indication

Daley won’t testify in real estate developer case - WLS
March 15, 2010 (CHICAGO) (WLS) — Mayor Daley will not be called Boender is accused of providing former alderman Isaac Carothers with $40,000 worth of home improvements in exchange for help with a zoning change.

Hanover man pleads guilty in real estate investment scheme - Richmond Times-Dispatch
A Hanover County man who ran a real estate investment firm in the Richmond area was convicted yesterday of two felony counts in a scheme that defrauded as many as 200 investors out of millions of dollars. Donald C. Lacey pleaded guilty in U.S. District Court in Richmond to one felony count each of

Continue reading If Google Closes Shop in China, Microsoft Should Pounce on Baidu

Mar 17 2010

If Google Closes Shop in China, Microsoft Should Pounce on Baidu

Posted by: admin in Stocks News

Filed under: Competitive Strategy, Google (GOOG), Microsoft (MSFT)

Google’s (GOOG) problems in China have been well-publicized in recent years. The world’s most populous country and its own Baidu.com search engine have managed to stave off Google to a minority market share. At the same time, the Chinese government has been no friend of the world’s leading search engine, requesting censored results in comparison to Google’s “all information is free” stance. So, Google stands prepared to leave China for good.

If Google Closes Shop in China, Microsoft Should Pounce on Baidu originally appeared on BloggingStocks on Wed, 17 Mar 2010 13:20:00 EST. Please see our terms for use of feeds.

Mar 17 2010

Judge Freezes Assets Of Accused Account Hackers - Post Chronicle

Posted by: admin in Investments and Raising Money

Judge Freezes Assets Of Accused Account Hackers - Post Chronicle
District Judge Richard Holwell had granted its request on Monday to freeze the assets of BroCo Investments Inc and Valery Maltsev, BroCo’s president District Court for the Southern District of New York, Case No. 10-cv-2217.

Green energy business grows 11 percent - bizjournals
momentum in 2009 as many regional and federal governments and private corporations focused on clean-energy investments as a way to pull out of the global economic tailspin,” stated Ron Pernick, Clean Edge co-founder and managing director, in a

Lehman Brothers takes middle road on plan for creditors - Economic Times
NEW YORK: Lehman Brothers Holdings Inc, which filed for bankruptcy manage what is left of the bank’s commercial real estate, mortgages, principal investments, private equity, corporate debt and derivatives assets. But almost as important as what

WebMD Announces Increase in Price to $46.80 Per Share - Investors Business Daily
share, net in cash, less any applicable withholding taxes and without interest, promptly after the expiration of the tender offer period. Currently, WebMD has approximately $800 million in cash and investments. WebMD will use a portion of its

Kazakhgold plans $600 mln investments before 2015 - Reuters
ASTANA, March 17 (Reuters) - Kazakh gold miner Kazakhgold ( KZGq.L ), controlled by Russia’s top producer of the metal Polyus Gold ( PLZL.MM ), said on Wednesday it plans to invest in its development up to $600 million before 2015. Investments in

EFG Second-Half Profit Rises 88% as Clients Boost - BusinessWeek
March 17 (Bloomberg) — EFG International AG, the Swiss private bank controlled by billionaire Spiro Latsis and his family, posted an 88 percent increase in second-half profit as clients began to increase investments. EFG climbed the most in six

SmarTrend’s Trend Spotter Sees Continued Upward - Comtex Smartrend
SmarTrend identified an Uptrend for SEI Investments ( NASDAQ:SEIC ) on March 08, 2010 at $19.00. In approximately 1 week, SEI Investments has returned 6.8% as of today’s recent price of $20.30. SEI Investments is currently above its 50-day moving

Villanova Man Admits $12 Million Investment Fraud Scheme - KYW News radio
A Villanova man has pleaded guilty to running a multimillion-dollar Ponzi scheme that targeted his own family and friends. Defendant Michael Alexander, 59, swindled about 15 victims out of more than $7 million. He held himself out as an investment manager, soliciting about $12 million which he then

Lincoln Financial names CFO Crawford as executive vp of corporate development and investments - Washington Examiner
PHILADELPHIA — Lincoln Financial Group said Tuesday that Chief Financial Officer Frederick J. Crawford will assume the newly created role of executive vice president of corporate development and investments. Crawford will remain CFO until a successor is named, the company said. In his new role

Mar 17 2010

STOCKS NEWS EUROPE-FTSE small caps rise 0.1 pct - Reuters UK

Posted by: admin in Stocks News

STOCKS NEWS EUROPE-FTSE small caps rise 0.1 pct - Reuters UK
Amerisur Resources ( AMER.L ) falls 16.8 percent, shedding current gains, after the South America-focused explorer reports its latest update on operations in Colombia and Paraguay. [ID:nRSQ6973Ia] Aminex ( AMNX.L ) jump 13.5 percent after reporting

STOCKS NEWS US-Bailed-out U.S. financial stocks surge - Life Style Extra
as much as 19.6 percent before closing 12.6 percent higher at $32.77. And government-owned mortgage companies Freddie Mac and Fannie Mae were up as much as 18.5 percent and 15 percent, respectively. Freddie Mac closed 7.6 percent higher at $1.28

Stocks up as S&P Affirms Greece, Intel Boosts - ABC News
NEW YORK (Reuters) - Stocks rose on Tuesday after Standard & Poor’s affirmed its ratings on debt-troubled Greece and as semiconductor shares gained on an Intel Corp product announcement. S&P ended its review for a downgrade for Greece, saying the

Stocks in the News: Discover, Intel, Citigroup, Harley - Daily Finance
Stocks held on to gains as the Federal Reserve left its key lending rate unchanged and on better-than-expected news from economic reports on housing starts and import prices. The S&P500 continued its gains, finishing 8.95 points up for a 17-month

Stocks climb after Federal Reserve offers modestly more - Allentown Morning Call
NEW YORK (AP) — Stocks are rising modestly after the Federal Reserve gave a modestly more upbeat view of the The Standard & Poor’s 500 index is up 5 at 1,156. The Nasdaq composite index is up 9 at 2,371. THIS IS A BREAKING NEWS UPDATE.

Stock futures modestly higher ahead of opening; Investors await Fed’s statement - San Francisco Examiner
NEW YORK — Stock futures rose modestly Tuesday before the Federal Reserve concludes a meeting where it is expected to keep a key interest rate at historic lows. As investors wait for an announcement from the Fed, they’ll get a report that is expected to show housing construction fell in February

STOCKS NEWS EUROPE-Stocks hit 2-mth high in early trade - Reuters UK
European shares hit a two-month high in morning trade, led by the banking sector, after the U.S. Federal Reserve pledged to keep interest rates near zero for an extended period. By 0830 GMT, the pan-European FTSEurofirst 300 .FTEU3 index of top

Stocks in news: Birla Corp, Neyveli, Glenmark, Bharti - MoneyControl.com
-And according to the FDA is able to supply the market with approved products -Glenmark has 15 days to respond to the FDA with a plan for removing their products from the market -Has 90 days from the date of the warning letters to cease manufacturing

STOCKS NEWS UK-GeoPark rises on Chilean oil discovery - Life Style Extra
Shares in GeoPark Holdings climb 14.3 percent to 518 pence after the Latin American-focused oil and gas explorer states it successfully drilled and tested an oil well on the Guanaco prospect in Chile. ‘The discovery of the new Guanaco oil field is