Archive for ◊ April, 2009 ◊

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• Thursday, April 30th, 2009

New Site, Newssift.com, Searches Business-Related News
Newssift.com offers a new means of navigating 4,000 news sources, with sentiment analysis to tell you if the overall news about a topic is good or bad.

Jon Friedman’s Media Web: Tim Russert’s mystique dogs David Gregory
David Gregory is walking a fine line in his attempt to succeed the late Tim Russert as host of NBC’s “Meet the Press,” Jon Friedman says. Gregory is thrilled to have the job, but is aware of the burdens he faces in taking over for Russert, who was the king of Sunday talk shows.


Switzerland asks U.S. court to halt UBS tax case
MIAMI (Reuters) – Switzerland urged a U.S. court on Thursday to reject demands by U.S. tax authorities for information about U.S. clients of UBS AG, saying disclosure would violate its sovereignty and international law.

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• Thursday, April 30th, 2009

Buckeye Partners, L.P. Reports 2009 First Quarter Results and Increases Quarterly Distribution

Silicon Valley seeks alternative funding
With Wall Street all but closed to IPOs, a new class of investment funds is coming to the fore as Silicon Valley’s latest crop of capital-hungry technology start-ups seeks capital

Grupo Simec Announces Results of Operations for the First Three Months of 2009

Cornerstone Bancshares, Inc. Announces 1st Quarter 2009 Financial Results on April 30, 2009

S1 Corporation Reports First Quarter 2009 Results

Premier Financial Bancorp, Inc. Reports First Quarter 2009 Earnings

ICB Financial First Quarter 2009 Financial Performance

Simpson Manufacturing Co., Inc. Announces First Quarter Results

Brooklyn Federal Bancorp, Inc. Announces Operating Results for the Second Quarter of Fiscal 2009, and Announces a Quarterly Cash Dividend of $0.10 Per Share

Fund shareholders outfox the tax man
Learn how to outfox the tax man and why there is no cure for ’swine flu’ stocks, all in this week’s Mutual Funds and ETF stories.


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• Thursday, April 30th, 2009

5 Cold Stocks Heating Up
Some investors are warming up to these previously unloved companies.


Economic Report: Japan prices fall in March, unemployment rises
Japan’s core consumer price index falls 0.1% in March, the first year-over-year decline since late 2007, raising concerns of a possible deflationary spiral.


Jon Friedman’s Media Web: Tim Russert’s mystique dogs David Gregory
David Gregory is walking a fine line in his attempt to succeed the late Tim Russert as host of NBC’s “Meet the Press,” Jon Friedman says. Gregory is thrilled to have the job, but is aware of the burdens he faces in taking over for Russert, who was the king of Sunday talk shows.


Fund shareholders outfox the tax man
Learn how to outfox the tax man and why there is no cure for ’swine flu’ stocks, all in this week’s Mutual Funds and ETF stories.


Macquarie Group annual profit falls 52%
Macquarie says its profit for the fiscal year tumbled 52% as the financial services firm suffered from significant write-downs on its investments.


$100 Billion Warren Buffett Doesn’t Want
The power of a brand can be the difference between success and failure.


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• Thursday, April 30th, 2009

5 Cold Stocks Heating Up
Some investors are warming up to these previously unloved companies.


Morgan Stanley, Goldman Sachs Execs Named to DTCC Board
DTCC said that as it looks to grow its business in these “difficult economic times,” it expects that the new board members’ global executive experience will help provide insight and direction.

$100 Billion Warren Buffett Doesn’t Want
The power of a brand can be the difference between success and failure.


Firstrade Links to Broadridge’s Investor Social Networking Site
Broker-dealer first to integrate with Broadridge’s Investor Network.

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• Thursday, April 30th, 2009

Digital Ally Reports First Quarter Operating Results

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• Thursday, April 30th, 2009

Republic Services, Inc. Reports First Quarter Earnings Per Share of $.30

Laclede Group Generates Earnings Increases from Continuing Operations in Fiscal 2009’s Second Quarter and First Six Months

Valley Commerce Bancorp Reports Earnings For First Quarter 2009

“Big Bang” A Misnomer, Major CDS Changes Yet to Come
Now that the Big Bang has gone off, what’s next for credit default swaps clearing and operations?

Investors Bancorp, Inc. Announces Third Quarter Financial Results

Cornerstone Bancshares, Inc. Announces 1st Quarter 2009 Financial Results on April 30, 2009

BNY Mellon Adopts Solar Power
New 76-kilowatt solar panel array deployed at the BNY Mellon complex in Everett, Mass., to save $15,000 a year.

AIG acts to avoid default risk
AIG has moved to stave off the risk of default on $234bn of derivatives by persuading a senior executive at its troubled financial products division to rescind his resignation and remain with the stricken insurer to unwind the complex trades

The Manitowoc Company Reports Financial Results for the First Quarter of 2009

S1 Corporation Reports First Quarter 2009 Results

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• Thursday, April 30th, 2009

Chrysler to file for bankruptcy
DETROIT/WASHINGTON (Reuters) – Chrysler LLC is expected to file for bankruptcy on Thursday after talks to restructure its debt with lenders broke down, a U.S. government official said.

Tyco International results beat estimates
NEW YORK (Reuters) – Industrial conglomerate Tyco International Ltd posted a net $2.57 billion quarterly net loss as it wrote down assets in light of the weak economy, but earnings before special items beat Wall Street expectations.

First Sound Bank Restates 2008 Results: Reports on First Quarter

Corinthian Colleges Reports Fiscal 2009 Third Quarter

Exxon profit sinks on slumping oil demand
HOUSTON (Reuters) – Exxon Mobil Corp, the world’s largest publicly traded company, posted a 58 percent drop in quarterly profit, missing Wall Street estimates, as the global recession sliced into demand for crude oil and depressed prices.

M/I Homes Reports First Quarter Results

Apache Reports Strong First-Quarter Operating Results in the Face of Substantially Lower Commodity Prices

P&G and Colgate profit beats Street
CHICAGO (Reuters) – Procter & Gamble Co posted better-than-expected quarterly earnings on Thursday, but trimmed its fiscal 2009 outlook and did not offer a 2010 forecast at a time when investors are searching for clarity amid the recession.

NewsWatch: Initial jobless claims fall, hinting of recovery
First-time filing for state unemployment benefits fell in the latest week, a possible sign that the worst of the recession may be over.


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• Thursday, April 30th, 2009

Throw This Stock Away
If you find something better, grab it.    


Scottrade Promotes Tech Execs Bourzikas and Meitz
Scottrade has promoted Grant Bourzikas to director of operations technology and enterprise information security and Chris Meitz to director of operational controls.

Silicon Labs: Underpromise, Overdeliver
Silicon Labs set the bar low and overdelivered handsomely.


Admit It: You Love Financial Stocks
Opportunities abound in this seemingly shaky sector.


Pirates Go for Their Next Target: Apple
Apple is defeating piracy with standard tools of the trade. Take notes, everyone!


Time Warner considers AOL spin off
Media group reported a 14 per cent decline in quarterly net profit, sunk by a drop in online and print advertising

Finnish Online Brokerage Invests in Application Monitoring
A complex environment and rapid growth necessitated the replacement of a homegrown application monitoring tool.

Sybase Reports Strong Quarter, Shares Database Roadmap
Company saw a 31% jump in enterprise database license revenue in the past year, plans to add time stamping and in-memory features to its IQ and ASE databases.

Positive earnings news fuels Wall St optimism
US stocks continued to rise above the three month high set during the previous session after another bullish analyst note on banks added a sheen to several better-than-expected earnings announcements

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Author:
• Thursday, April 30th, 2009

Firstrade Links to Broadridge’s Investor Social Networking Site
Broker-dealer first to integrate with Broadridge’s Investor Network.

BNY Mellon Adopts Solar Power
New 76-kilowatt solar panel array deployed at the BNY Mellon complex in Everett, Mass., to save $15,000 a year.

Pfizer and BMS beat earnings expectations
US pharmaceutical companies continue to withstand the global downturn, with first quarter results from Bristol Myers-Squibb and Pfizer narrowly beating expectations

Positive earnings news fuels Wall St optimism
US stocks continued to rise above the three month high set during the previous session after another bullish analyst note on banks added a sheen to several better-than-expected earnings announcements

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• Wednesday, April 29th, 2009

BNY Mellon Adopts Solar Power
New 76-kilowatt solar panel array deployed at the BNY Mellon complex in Everett, Mass., to save $15,000 a year.

Wyoming Brokerage to Upgrade Wealth Management Platform
Kaiser and Company has chosen Gentech Nexus, a set of web-based tools that automate financial advisors’ daily tasks.

Debt and Equity Financing Aren’t the Same
In the real world, there’s a big difference between the two.


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