Archive for May, 2006

  • Zimbabwe Government Raids Stock Exchange
    , May 31st, 2006 at 11:35 pm

    This doesn’t look good. HARARE – A desperate Zimbabwe government, hard-pressed for cash, has raided the Zimbabwe Stock Exchange (ZSE) demanding Value Added Tax (VAT) [...]

  • The Cara 100
    , May 31st, 2006 at 11:20 pm

    Blogger Bill Cara has unveiled his Cara 100. I’m happy to see that it features several stocks from our Buy List.

  • A Few Brief Comments
    , May 31st, 2006 at 4:38 pm

    From Ken Lay’s Web site: Dear Visitor: Now that my trial has concluded, I would like to offer a few brief comments. Certainly, we are [...]

  • The Fed’s Minutes
    , May 31st, 2006 at 2:55 pm

    This is what everyone was waiting for, the minutes from the Fed meeting three weeks ago: Although the Committee discussed policy approaches ranging from leaving [...]

  • Tiffany’s Earnings
    , May 31st, 2006 at 12:59 pm

    From TheStreet.com: Overseas Demand Adds Luster to Tiffany Tiffany’s first-quarter profit beat Wall Street’s expectation as strong sales in overseas markets overshadowed a soft performance [...]

  • Overpriced Curio to go Public
    , May 31st, 2006 at 7:53 am

    At least at some point: Gauging Segway’s prospects in an IPO is difficult, since the company will not reveal its yearly revenue or whether it [...]

  • The Buy List Year-to-Date
    , May 31st, 2006 at 6:01 am

    Here’s how the Buy List has done year-to-date versus the S&P 500: Through Tuesday, we’re down -0.99% and the S&P 500 is up 0.93% (not [...]

  • More on the Return of Volatility
    , May 30th, 2006 at 4:13 pm

    The S&P 500 was down over 1.5% today. In the past 12 months, the S&P 500 has dropped by more than -1.1% eight times. The [...]

  • David Phillips on Bed Bath & Beyond
    , May 30th, 2006 at 2:18 pm

    David Phillips, the 10-Q Detective, takes a look at Bed Beth & Beyond (BBBY) and likes what he sees: On its 4Q:05 Earnings Conference Call, [...]

  • The Midday Market
    , May 30th, 2006 at 1:41 pm

    Thanks to Kinder Morgan, the energy sector got off to a strong start this morning, but now it’s been dragged lower with the rest of [...]

  • Eat Up
    , May 30th, 2006 at 11:36 am

    From Daniel Gross’ Slate column “Snow’s Job: Why no Wall Street CEO wants to be the new Treasury secretary.” John Snow will have a replacement, [...]

  • Private Equity Strikes Again
    , May 30th, 2006 at 11:19 am

    Kinder Morgan (KMI) is buying bought out by…Kinder Morgan. Who needs a stock market anyway? If this goes off, the buyers will assume about $14.5 [...]

  • Bill Gross: Admitted Philatelist
    , May 30th, 2006 at 10:49 am

    Not only is Bill Gross, the “Buffett of Bonds,” but he’s also an admitted philetelist. Gross’ stamp collection is worth tens of millions of dollars. [...]

  • Michael Dell Buys $70 Million in Stock
    , May 30th, 2006 at 9:41 am

    Last week, Michael Dell bought nearly three million shares of Dell (DELL) at 23.99 a piece. He’s already made a nice profit. The stock is [...]

  • Bush Taps Paulson to be Treasury Secretary
    , May 30th, 2006 at 9:28 am

    From the Washington Post: The White House named Henry Paulson, Chief Executive Officer of Goldman Sachs, as the new Treasury Secretary this morning to replace [...]

  • Thanks Vets
    , May 27th, 2006 at 6:08 am

  • Are We There Yet?
    , May 26th, 2006 at 2:33 pm

    Yawn! Trading is very quiet today ahead of the three-day weekend. Here are a few random thoughts in no particular order. TickerSense points out that [...]

  • The S&P 500′s P/E Ratio is at a 10-Year Low
    , May 26th, 2006 at 10:29 am

    Despite all the 1987 Redux talk on Wall Street, the market’s P/E dipped to a 10-year low this week. The S&P 500 is now trading [...]

  • Status of High-Profile Corporate Scandals
    , May 26th, 2006 at 8:22 am

    The AP has a rundown of prominent corporate scandals.

  • Happy 110th Birthday to the Dow
    , May 26th, 2006 at 6:20 am

    The Dow Jones Industrial Average (^DJI) debuted on May 26, 1896. The first close was at 40.94. Over the last 110 years, the Dow is [...]