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Jersey City, NJ – March 28, 2008
The LocateStock HIGH FIVE for Friday, March 28th are:
5 – Sify Technologies Limited – NASDAQ:SIFY
4 – PC Mall – NASDAQ:MALL
3 – DSW Inc. – NYSE:DSW
2 – Sirius Satellite Radio – NASDAQ:SIRI
1 – Lehman Brothers – NYSE:LEH
Sify Technologies Limited (NASDAQ:SIFY) provides Internet, network, and electronic commerce services in India. The company's corporate network/data services comprise various Internet protocol-based virtual private network offerings, including intranets, extranets, and remote access applications; and security solutions, such as security design, audit, procurement, and integration.
* Sify’s stock lost 6 cents or 1.40% to $4.24 on Thursday on no news. There has been no news released by the company since late February.
PC Mall, Inc. (NASDAQ:MALL) operates as a rapid response direct marketer of computer hardware, software, peripherals, electronics, and other consumer products and services. Its product portfolio... Read More » By High 5 Blogger on 3/28/2008 11:46 AM |
Jersey City, NJ – March 27, 2008
The LocateStock HIGH FIVE for Thursday, March 27th are:
5 – PC Mall – NASDAQ:MALL
4 – Thornburg Mortgage – NYSE:TMA
3 – Bear Stearns – NYSE:BSC
2 – Lehman Brothers – NYSE:LEH
1 – Sirius Satellite Radio – NASDAQ:SIRI
PC Mall, Inc. (NASDAQ:MALL) operates as a rapid response direct marketer of computer hardware, software, peripherals, electronics, and other consumer products and services. Its product portfolio comprises notebooks, desktops and servers, software, home electronics, printers and related supplies, storage and related supplies, displays, network and telecommunications, accessories, memory, and input devices.
* Last week PC Mall announced that Joseph Hayek joined the Company as Executive Vice President, Corporate Development and Investor Relations. Mr. Hayek will be responsible for optimizing PC Mall’s strategic and corporate development efforts, with a particular focus on strategic acquisitions and other growth opportunities,... Read More » By High 5 Blogger on 3/27/2008 11:43 AM |
Jersey City, NJ – March 26, 2008
The LocateStock HIGH FIVE for Wednesday, March 26th are:
5 – MGIC Investment Corp. – NYSE:MTG
4 – Thornburg Mortgage – NYSE:TMA
3 – Bear Stearns – NYSE:BSC
2 – Lehman Brothers – NYSE:LEH
1 – Sirius Satellite Radio – NASDAQ:SIRI
MGIC Investment Corporation, (NYSE:MTG) through its subsidiary, provides private mortgage insurance to the home mortgage lending industry in the United States. The private mortgage insurance covers residential first mortgage loans and expands home ownership opportunities by enabling people to purchase homes.
* MGIC Investment Corp.'s stock plunged Tuesday after the mortgage insurer unveiled a plan to sell a big chunk of itself in exchange for enough cash to expand its business. The Milwaukee-based company is selling 37.3 million shares to raise $420 million, plus giving the underwriter, Banc of America Securities, options to buy up to 5.6 million additional shares. Along with the sale of $325 million... Read More » By High 5 Blogger on 3/26/2008 11:42 AM |
Jersey City, NJ – March 25, 2008
The LocateStock HIGH FIVE for Tuesday, March 25th are:
5 – IHOP Corp. – NYSE:IHP
4 – Sirius Satellite Radio – NASDAQ:SIRI
3 – Lehman Brothers – NYSE:LEH
2 – PC Mall Inc. – NASDAQ:MALL
1 – Bear Stearns – NYSE:BSC
IHOP Corp. (NYSE:IHP) and its subsidiaries develop, franchise, and operate International House of Pancakes (IHOP) restaurants in the United States and Canada. Its family restaurants feature table service, and food and beverage items.
* From job interviews and first dates to marriage proposals and wedding receptions, IHOP has served up more than pancakes over the last 50 years. As part of a yearlong 50th birthday celebration, the restaurant chain announced Monday that it will gather stories of the heartwarming, unexpected and even wacky events that have happened at IHOP as part of a national contest. The winner of the "It Happens at IHOP" contest will make a lifetime of memories with a grand prize of free pancakes... Read More » By High 5 Blogger on 3/25/2008 11:41 AM |
Jersey City, NJ – March 24, 2008
The LocateStock HIGH FIVE for Monday, March 24th are:
5 – Sealy Corp. – NYSE:ZZ
4 – Ambac Financial Group – NYSE:ABK
3 – Corus Bankshares – NASDAQ:CORS
2 – PC Mall Inc. – NASDAQ:MALL
1 – Lehman Brothers – NYSE:LEH
Sealy Corporation (NYSE:ZZ) engages in the manufacture and marketing of a line of bedding products in the United States and internationally. It offers mattresses and mattress foundations.
* Last Wednesday, Moody’s Investor Service revised Sealy’s rating outlook to negative following the company's weaker-than-expected operating performance and concerns that the company may breech a financial covenant over the next year if its operating performance continues to slow. The rating agency noted that although the company's performance may improve in the second half of 2008, it is concerned that deteriorating consumer spending could further challenge Sealy. Shares of ZZ finished flat on its back Thursday at $7.35.
... Read More » By High 5 Blogger on 3/24/2008 11:41 AM |
Jersey City, NJ – March 20, 2008
The LocateStock HIGH FIVE for Thursday, March 20th are:
5 – E*TRADE Financial – NASDAQ:ETFC
4 – MF Global – NYSE:MF
3 – Bear Stearns – NYSE:BSC
2 – Thornburg Mortgage – NYSE:TMA
1 – Lehman Brothers – NYSE:LEH
E*TRADE Financial Corporation, (NASDAQ:ETFC) through its subsidiaries, offers financial solutions to retail and institutional customers worldwide. It provides retail investments and trading, which include automated order placement, and execution of market and limit equity, futures, options, exchange-traded funds, mutual funds, and bond orders, as well as offers quick transfer, wireless account access, extended hours trading, quotes, and research and advanced planning tools.
* E-Trade said Wednesday that it added 43,000 net new accounts in February - up from just 16,000 in January and backing up the company’s Super Bowl advertising claim that it was adding 1,000 new accounts a day. Period-end retail accounts rose 6% from... Read More » By High 5 Blogger on 3/20/2008 11:39 AM |
Jersey City, NJ – March 19, 2008
The LocateStock HIGH FIVE for Wednesday, March 19th are:
5 – Countywide Financial – NYSE:CFC
4 – MF Global – NYSE:MF
3 – CarMax – NYSE:KMX
2 – Bear Stearns – NYSE:BSC
1 – Lehman Brothers – NYSE:LEH
Countrywide Financial Corporation, (NYSE:CFC) a holding company, engages in mortgage lending and other finance-related operations. The company operates in five segments: Mortgage Banking, Banking, Capital Markets, Insurance, and Global Operations.
* Shares of mortgage lenders, including Countrywide Financial jumped Tuesday after the Federal Reserve cut its target for interest rates. The Fed cut its target for short-term interest rates to 2.25% from 3%. Shares of CFC rocketed $1.02 or 24.94% to $5.11 on Tuesday.
MF Global Ltd., (NYSE:MF) formerly Man Financial, is the leading broker of exchange-listed futures and options in the world with offices in Bermuda, New York, London, Chicago, Paris, Mumbai, Singapore, Sydney, Toronto,... Read More » By High 5 Blogger on 3/19/2008 11:38 AM |
Jersey City, NJ – March 18, 2008
The LocateStock HIGH FIVE for Tuesday, March 18th are:
5 – Bear Stearns – NYSE:BSC
4 – EMCORE – NASDAQ:EMKR
3 – CarMax – NYSE:KMX
2 – E*TRADE Financial – NASDAQ:ETFC
1 – Lehman Brothers – NYSE:LEH
The Bear Stearns Companies, Inc. (NYSE:BSC) operates as an investment banking, securities and derivatives trading, and clearance and brokerage company serving governments, corporations, institutions, and individuals worldwide. It operates through three segments: Capital Markets, Global Clearing Services, and Wealth Management.
* JPMorgan Chase struck a deal on Sunday to bail out Wall Street's fifth biggest bank Bear Stearns for $2 a share in a deal backed by the Federal Reserve. Bear Stearns stock lost nearly half its value on Friday, when investors began a run on . The deal is valued at $236.2 million. Bear shares plummeted an additional $25.19 or 83.97% to $4.81 Monday, following Friday’s monumental sell-off.
EMCORE Corporation... Read More » By High 5 Blogger on 3/18/2008 11:36 AM |
Jersey City, NJ – March 17, 2008
The LocateStock HIGH FIVE for Monday, March 17th are:
5 – Countrywide Financial – NYSE:CFC
4 – Thornburg Mortgage – NYSE:TMA
3 – Sirius Satellite Radio – NASDAQ:SIRI
2 – EMCORE – NASDAQ:EMKR
1 – Bear Stearns – NYSE:BSC
Countrywide Financial Corporation, (NYSE:CFC) a holding company, engages in mortgage lending and other finance-related operations. The company operates in five segments: Mortgage Banking, Banking, Capital Markets, Insurance, and Global Operations.
* Countrywide is attempting to block a federal inquiry into the way it treats bankrupt borrowers, The Wall Street Journal reported Friday. The paper reported that the Justice Department is currently leading the probe, which alleges Countrywide used abusive behavior to penalize homeowners who defaulted on their loans. Countrywide is now actively fighting that assertion in court. The Office of the U.S. Trustee, the unit of the Justice Department that is handling the... Read More » By High 5 Blogger on 3/17/2008 11:35 AM |
Jersey City, NJ – March 14, 2008
The LocateStock HIGH FIVE for Friday, March 14th are:
5 – TBS International Limited – NASDAQ:TBSI
4 – DryShips – NASDAQ:DRYS
3 – Trina Solar – NYSE:TSL
2 – E*Trade Financial – NASDAQ:ETFC
1 – Thornburg Mortgage – NYSE:TMA
TBS International Limited, (NASDAQ:TBSI) an ocean transportation services company, offers shipping solutions through liner, parcel, bulk, and vessel chartering services. Its liner, parcel, and bulk services primarily carry steel products, salt, sugar, grain, fertilizers, chemicals, metal concentrates, aggregates, and general cargo.
* Ocean transportation services company TBS International reported Thursday that quarterly profit more than doubled driven by a surge in voyage revenue. Net income for the fourth quarter was $35.2 million, or $1.26 a share, compared with $14.4 million, or 51 cents a share, in the year-ago period. Shares of TBSI lost $1.70 or 5.24% to $30.73 on Thursday.
DryShips, Inc. (NASDAQ:DRYS)... Read More » By High 5 Blogger on 3/14/2008 11:34 AM |
Jersey City, NJ – March 13, 2008
The LocateStock HIGH FIVE for Thursday, March 13th are:
5 – IHOP – NYSE:IHP
4 – Thornburg Mortgage – NYSE:TMA
3 – DryShips – NASDAQ:DRYS
2 – E*Trade Financial – NASDAQ:ETFC
1 – WellCare Health Plans – NYSE:WCG
IHOP Corp. (NYSE:IHP) and its subsidiaries develop, franchise, and operate International House of Pancakes (IHOP) restaurants in the United States and Canada. Its family restaurants feature table service, and food and beverage items.
* IHOP shares rose Wednesday on no news. Shares were up 67 cents or 1.43% to $47.50 after falling 1% the day before.
Thornburg Mortgage, Inc. (NYSE:TMA) operates as a single-family residential mortgage lending company. It originates, acquires, and retains investments in adjustable and variable rate mortgage (ARM) assets.
* On Tuesday the struggling lender Thornburg Mortgage restated its 2007 results to show a fourth-quarter loss instead of a profit, reflecting losses in its... Read More » By High 5 Blogger on 3/13/2008 11:32 AM |
Jersey City, NJ – March 12, 2008
The LocateStock HIGH FIVE for Wednesday, March 12th are:
5 – Ambac – NYSE:ABK
4 – Yingli Green Energy – NYSE:YGE
3 – IHOP – NYSE:IHP
2 – Abitibibowater – NYSE:ABH
1 – DryShips – NASDAQ:DRYS
Ambac Financial Group, Inc., (NYSE:ABK) through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private sectors worldwide. It operates in two segments: Financial Guarantee and Financial Services.
* Shares of bond insurer Ambac rose sharply in early Tuesday trading shortly after the Federal Reserve Board announced a plan to improve liquidity in the credit markets. The Fed said earlier Tuesday it will make up to $200 billion in cash available to financial institutions through a 28-day borrowing program. Shares of ABK rose 44 cents or 6.04% to $7.73 after plunging more than 23% one day earlier.
Yingli Green Energy Holding Company Limited, (NYSE:YGE) through its subsidiary,... Read More » By High 5 Blogger on 3/12/2008 11:32 AM |
Jersey City, NJ – March 11, 2008
The LocateStock HIGH FIVE for Tuesday, March 11th are:
5 – MBIA – NYSE:MBI
4 – Ambac – NYSE:ABK
3 – Doral Financial – NYSE:DRL
2 – BHP Billiton – NYSE:BBL
1 – IHOP – NYSE:IHP
MBIA, Inc., (NYSE:MBI) through its subsidiaries, provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers and investors, and capital market participants worldwide. It operates through two segments, Insurance and Investment Management Services.
* In the latest salvo in a now highly public war of words, rating agency Fitch accused bond insurer MBIA on Monday of asking it to destroy information used to come up with ratings and said it will continue to rate the firm's subsidiaries without charge. The increasingly confrontational dialogue was initiated on Friday when MBIA asked Fitch, to stop providing some ratings on the firm. That letter, released to... Read More » By High 5 Blogger on 3/11/2008 11:30 AM |
Jersey City, NJ – March 10, 2008
The LocateStock HIGH FIVE for Monday, March 10th are:
5 – BHP Billiton – NYSE:BBL
4 – Building Materials – NYSE:BLG
3 – DryShips – NASDAQ:DRYS
2 – MBIA – NYSE:MBI
1 – Ambac – NYSE:ABK
BHP Billiton Plc, (NYSE:BBL) together with its subsidiaries, operates as a diversified natural resources company. The company operates 10 customer sector groups (CSGs), aligned with the commodities that the company extracts and markets, which includes Aluminium, Base Metals, Uranium, Diamonds and Specialty Products, Energy Coal, Iron Ore, Manganese, Metallurgical Coal, Petroleum, and Stainless Steel Materials.
* European shares ended the week on a downbeat note, led lower by miners, as disappointing U.S. employment data raised more fears about the health of the world's largest economy. The pan-European Dow Jones Stoxx 600 index fell 1.1% to 307.98 chalking up a second straight day of losses -- with miners posting the biggest losses after the... Read More » By High 5 Blogger on 3/10/2008 11:28 AM |
Jersey City, NJ – March 7, 2008
The LocateStock HIGH FIVE for Friday, March 7th are:
5 – Redwood Trust – NYSE:RWT
4 – Thornburg Mortgage – NYSE:TMA
3 – Permian Basin Roy Trust – NYSE:PBT
2 – Ambac – NYSE:ABK
1 – MBIA – NYSE:MBI
Redwood Trust, Inc., (NYSE:RWT) together with its subsidiaries, invests in, finances, and manages real estate assets in the United States. It invests in residential and commercial real estate loans, and in asset-backed securities backed by real estate loans.
* Redwood Trust said Wednesday that its board declared a regular quarterly dividend of 75 cents. The real estate investment trust said the dividend is payable April 21 to shareholders of record March 31. Shares of RWT lost $2.94 or 9.10% to $29.37 on the news Thursday.
Thornburg Mortgage, Inc. (NYSE:TMA) operates as a single-family residential mortgage lending company. It originates, acquires, and retains investments in adjustable and variable rate mortgage (ARM) assets.
... Read More » By High 5 Blogger on 3/7/2008 11:28 AM |
Jersey City, NJ – March 6, 2008
The LocateStock HIGH FIVE for Thursday, March 6th are:
5 – China Finance Online – NASDAQ:JRJC
4 – Converted Organics – NASDAQ:COIN
3 – IHOP Corp. – NYSE:IHP
2 – Ambac – NYSE:ABK
1 – MBIA – NYSE:MBI
China Finance Online Co. Limited, (NASDAQ:JRJC) through its subsidiaries, engages in selling online financial services analyzing financial and listed company information in the People's Republic of China. It offers subscription-based services based on a single information platform that integrates data and information from various sources with features and functions, such as data and information search, retrieval, delivery, storage, and analysis.
* On Monday, 3/3 online financial data provider China Finance Online promoted Caogang Li, vice president of sales and marketing, to chief operating officer. Shares of JRJC lost 43 cents or 2.12% to $19.67 on Wednesday.
Converted Organics, Inc., (NASDAQ:COIN) a development stage company,... Read More » By High 5 Blogger on 3/6/2008 11:27 AM |
Jersey City, NJ – March 5, 2008
The LocateStock HIGH FIVE for Wednesday, March 5th are:
5 – MBIA – NYSE:MBI
4 – Thornburg Mortgage – NYSE:TMA
3 – Trina Solar – NYSE:TSL
2 – Ambac – NYSE:ABK
1 – E*TRADE Financial – NASDAQ:ETFC
MBIA, Inc., (NYSE:MBI) through its subsidiaries, provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers and investors, and capital market participants worldwide. It operates through two segments, Insurance and Investment Management Services.
* MBIA Inc. CEO Jay Brown said on Tuesday, 3/4 that although the company reported the worst results in its history for 2007, he believes $3.7 billion in mark-to-market losses "will totally reverse over time," barring any further credit impairment. Brown said the $3.7 billion mark-to-market loss on credit derivatives it recorded for 2007 represents an accounting valuation and the $200 million... Read More » By High 5 Blogger on 3/5/2008 11:26 AM |
Jersey City, NJ – March 4, 2008
The LocateStock HIGH FIVE for Tuesday, March 4th are:
5 – Doral Financial – NYSE:DRL
4 – Ambac – NYSE:ABK
3 – IHOP Corp. – NYSE:IHP
2 – Fremont General – NYSE:FMT
1 – Thornburg Mortgage – NYSE:TMA
Doral Financial Corporation, (NYSE:DRL) through its subsidiaries, provides a range of financial services primarily in Puerto Rico and New York. The company operates through four segments: Mortgage Banking, Banking, Insurance Agency, and Institutional Securities.
* Puerto Rico-based Doral Insurance Agency said late last Wednesday, 2/27 that it agreed to buy CitiSeguros PR Retail Bank's insurance portfolio, bolstering its health, auto and property portfolios. Terms of the deal were not disclosed. Shares of DRL gave up 45 cents or 2.28% to $19.25 on Monday, 3/3.
Ambac Financial Group, Inc., (NYSE:ABK) through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private... Read More » By High 5 Blogger on 3/4/2008 11:24 AM |
Jersey City, NJ – March 3, 2008
The LocateStock HIGH FIVE for Monday, March 3rd are:
5 – MBIA – NASDAQ:MBI
4 – MGIC Investment – NYSE:MTG
3 – Ambac – NYSE:ABK
2 – China Finance Online – NASDAQ:JRJC
1 – Fremont General – NYSE:FMT
MBIA, Inc., (NYSE:MBI) through its subsidiaries, provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers and investors, and capital market participants worldwide. It operates through two segments, Insurance and Investment Management Services.
* MBIA said in a filing on Friday, 2/29 that continued deterioration in the credit markets in January will likely lead to more writedowns. Further adding to the day’s loss, Wilbur Ross, the US financier, said he would invest up to $1bn in Assured Guaranty to enable the bond insurer to take advantage of troubles plaguing MBIA. The stock sank 7.75% or $1.09 to $12.97 on Friday.
MGIC... Read More » By High 5 Blogger on 3/3/2008 11:22 AM |
Jersey City, NJ – February 29, 2008
The LocateStock HIGH FIVE for Friday, February 29th are:
5 – Ambac – NYSE:ABK
4 – MBIA – NASDAQ:MBI
3 – Net Servicos de Comunicao – NASDAQ:NETC
2 – Take-Two Interactive – NASDAQ:TTWO
1 – Thornburg Mortgage – NYSE:TMA
Ambac Financial Group, Inc., (NYSE:ABK) through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private sectors worldwide. It operates in two segments: Financial Guarantee and Financial Services.
* On Thursday New York State Insurance Superintendent Eric Dinallo says efforts to recapitalize troubled bond insurer Ambac are in the eighth inning, and he is optimistic there will be a resolution. A day earlier Goldman Sachs Asset Management cut its stake in the bond insurer to 2.3%, according to a regulatory filing. According to the filing with the Securities and Exchange Commission, Goldman Sachs owns about 2.4 million shares, or a 2.3%stake in the... Read More » By High 5 Blogger on 2/29/2008 11:01 AM |
Jersey City, NJ – February 28, 2008
The LocateStock HIGH FIVE for Thursday, February 28th are:
5 – IHOP – NYSE:IHP
4 – Yingli Green Energy – NYSE:YGE
3 – Ambac – NYSE:ABK
2 – MBIA – NASDAQ:MBI
1 – DryShips – NASDAQ:DRYS
IHOP Corp. (NYSE:IHP) and its subsidiaries develop, franchise, and operate International House of Pancakes (IHOP) restaurants in the United States and Canada. Its family restaurants feature table service, and food and beverage items.
* On Wednesday, 2/27 IHOP reported a fourth-quarter loss, which it attributed in part to its $2 billion acquisition of Applebee's on Nov. 29. The company lost $16 million, or 94 cents a share, for the fourth quarter. Shares were up on 2008 guidance for a 2% to 4% increase in same-pancake house sales, or sales from pancake houses open at least a year. For Applebee's, IHOP forecast a 1% to 2% increase in same-neighborhood bar sales. Shares of IHP jumped $3.85 or 9.62% to $43.85 on Wednesday.
Yingli Green... Read More » By High 5 Blogger on 2/28/2008 11:00 AM |
Jersey City, NJ – February 27, 2008
The LocateStock HIGH FIVE for Wednesday, February 27th are:
5 – Arthrocare – NASDAQ:ARTC
4 – DryShips – NASDAQ:DRYS
3 – Meritage Homes Corporation – NYSE:MTH
2 – Ambac – NYSE:ABK
1 – MBIA – NYSE:MBI
ArthroCare Corporation (NASDAQ:ARTC) engages in the design, development, manufacture, and marketing of medical devices for use in soft-tissue surgery primarily in the United States and internationally. Its products are based on the patented soft-tissue surgical controlled ablation technology.
* Arthrocare announced on Tuesday, 2/26 that its Board of Directors has approved the additional repurchase of up to $75 million of its outstanding common stock. The company has fully utilized its prior share repurchase authorization. The company said that the shares may be purchased from time to time at prevailing prices in the open market, by block purchases, or in privately-negotiated transactions. The timing and amount of shares repurchased... Read More » By High 5 Blogger on 2/27/2008 10:59 AM |
| Author: | Daily High 5 Blogger | Created: | 10/22/2009 8:45 AM |  | | The daily HIGH 5 stocks are determined by LocateStock's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest stocks to short that day. The HIGH 5 is a daily financial news show on Uba TV that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. |
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