5 – Validus Holdings – NYSE:VR
4 – Odyssey Re Holdings – NYSE:ORH
3 – Oppenheimer Holdings – NYSE:OPY
2 – Kilroy Realty – NYSE:KRC
1 – Palm – NASDAQ:PALM
* Validus Holdings announced Friday that its subsidiary, Talbot Holdings has limited potential exposure to any contingency loss arising from the untimely death of Michael Jackson. Shares of VR fell 1.6% to $21.80 on Friday.
* Odyssey Re Holdings announced late last week that its majority shareholder, Fairfax Financial Holdings Limited, has been informed by the New York Regional Office of the Securities and Exchange Commission that its investigation as to Fairfax has been completed, and that it does not intend to recommend any enforcement action by the Commission. Shares of ORH plunged 7.6% the following day in their debut on the HIGH 5.
* Oppenheimer announced last week the formation of a Pennsylvania Municipal Note Public Finance Department. The team will specialize in negotiating and competitively underwriting... Read More » By High 5 Blogger on 6/29/2009 3:16 PM |
5 – Citigroup – NYSE:C
4 – Potash Corp. of Saskatchewan – NYSE:POT
3 – MGIC Investment – NYSE:MTG
2 – Manulife Financial – NYSE:MFC
1 – Palm – NASDAQ:PALM
* Citigroup suspended purchases of loans from other banks and mortgage companies on Thursday in the latest blow to smaller providers of home loans. Shares of C fell .30% to $3.03 on the news.
* Shares of Potash have plunged by about 25% in just the past week and a half. To make matters worse, the potassium-based fertilizer maker has cut production and capacity drastically during the recession. Shares of POT inched up just one-tenth of a percent to $93.52 on Thursday.
* Mortgage insurer MGIC Investment rose after the Mortgage Bankers Association reported that mortgage applications filed last week rose 6.6% sequentially on a seasonally adjusted basis, and climbed 17% from the same week a year ago. Shares of MTG rocketed 7.3% to $3.97 on Thursday.
* John Hancock Funds, a unit of Manulife Financial, has launched... Read More » By High 5 Blogger on 6/26/2009 10:48 AM |
5 – Nuveen Performance Plus Municipal Fund – NYSE:NPP
4 – DWS Municipal Income Trust – NYSE:KTF
3 – Yingli Green Energy – NYSE:YGE
2 – MFS InterMarket Income Trust – NYSE:CMK
1 – Citigroup – NYSE:C
* Nuveen Performance Plus Municipal Fund is on the HIGH 5 after climbing .80% to $12.45 on Wednesday.
* DWS Municipal Income Trust is also back on the HIGH 5 after falling .20% to $10.97 on the NYSE.
* Yingli Green Energy rose for the second day in a row with a vote on clean energy legislation expected as early as Friday in the House. Shares of YGE rocketed 4.9% to $13.57 on the news.
* MFS InterMarket Income Trust returns to the HIGH 5 after climbing .40% to $7.26 on Wednesday.
* Citigroup said on Wednesday it is raising salaries companywide to offset restrictions on bonuses after the troubled bank accepted $45 billion of federal bailout money. Shares of C rose just 1% to $3.04 on the news Wednesday.
LocateStock is the premiere electronic securities... Read More » By High 5 Blogger on 6/26/2009 10:48 AM |
5 – Manulife Financial Corporation – NYSE:MFC
4 – Yingli Green Energy – NYSE:YGE
3 – CarMax – NYSE:KMX
2 – Brookfield Properties Corporation – NYSE:BPO
1 – Citigroup – NYSE:C
* Manulife Financial shares dropped almost 15% Monday after a Canadian regulator said the insurer didn't disclose risks in its variable annuity and segregated funds business properly. The stock came off an additional half a percent to $17.59 on Tuesday.
* Solar module maker Yingli Green Energy said Tuesday it earned $192.6 million from a public offering of 18.6 million company shares. Shares of YGE rocketed 5% to $12.94 on the news.
* Auto retailer CarMax said it is focused on eliminating waste and improving execution to weather the weak automotive market and better position it for future growth. Chief Executive Tom Folliard told shareholders at its annual meeting Tuesday that the company has lowered its expenses in the past six months by about $45 million compared with the previous year. Shares... Read More » By High 5 Blogger on 6/26/2009 10:47 AM |
5 – CarMax – NYSE:KMX
4 – PIMCO New York Municipal Income Fund II – NYSE:PNI
3 – Quicksilver Resources – NYSE:KWK
2 – ING GROUP PERP SECS – NYSE:ISG
1 – Matrixx Initiatives – NASDAQ:MTXX
* Shares of CarMax fell Monday, after a Deutsche Bank Securities analyst lowered his rating on the auto retailer, citing additional risks to the company's financial stability. DB analyst Rod Lache downgraded CarMax to "Hold" from "Buy," stating the financial risks and rewards of the company are more balanced. Shares of KMX plummeted 8.3% to $14 on Monday.
* The Boards of Trustees of PIMCO Municipal Income Fund II announced they declared a 7 cent dividend on PIMCO New York Municipal Income Fund II. The dividend will be payable on July 1, 2009 to shareholders of record on June 11, 2009, with an ex-dividend date of June 9, 2009. Shares of PNI dropped 2.7% to $9.83 in their debut on Monday.
* Quicksilver announced last Friday that it has completed the sale of 27.5% of Quicksilver's... Read More » By High 5 Blogger on 6/24/2009 10:54 AM |
5 – Yingli Green Energy – NYSE:YGE
4 – Chesapeake Energy Corporation – NYSE:CHK
3 – Matrixx Initiatives – NASDAQ:MTXX
2 – Microsoft Corporation – NASDAQ:MSFT
1 – KeyCorp – NYSE:KEY
* Chinese solar stocks, including Yingli Green Energy led the market higher Friday after a Reuters report that said incentives could lure in over $10 billion for solar over the next three years. Shares of YGE rocketed 6.5% to $13.33 on Friday.
* Chesapeake Energy pops up on the HIGH 5 just as the company's been under fire for the lavish bonus paid to Chief Executive Aubrey McClendon. His $112.5 million pay package in 2008 was the largest paid to any S&P 500 CEO and has brought about legal action by shareholders. Shares of CHK dropped 4.1% to $20.95 on Friday.
* Matrixx continued to beat the drum of its innocence Friday as it faces the very real prospect of losing almost half its business because of a Food and Drug Administration warning on Zicam. Shares of MTXX plunged 7.7% to $5.55 on... Read More » By High 5 Blogger on 6/24/2009 10:53 AM |
5 – Arcelor Mittal – NYSE:MT
4 – Palm – NASDAQ:PALM
3 – Assured Guaranty – NYSE:AGO
2 – Brookfield Properties Corporation – NYSE:BPO
1 – Matrixx Initiatives – NASDAQ:MTXX
* Moody's Investor Service this past Wednesday offered a negative outlook for U.S. steel producers, saying they will continue to face challenging market conditions through the rest of the year. Shares of steel producer Arcelor Mittal rose 1.7% to $32.35 despite the bearish news.
* It's been a big week for Palm as Research in Motion released its first quarter earnings yesterday and Apple's iPhone 3GS debuts in stores today. With all this wireless activity, you could be sure the shorts are staying connected. Shares of PALM plummeted 4.5% to $13.06 on Thursday.
* On Wednesday bond insurer Assured Guaranty announced plans to raise $550 million from issuing new stock and debt. The company said it intends to sell $400 million in common stock in an underwritten offering, and that it will also offer $150... Read More » By High 5 Blogger on 6/19/2009 3:55 PM |
5 – MFS InterMarket Income Trust I – NYSE:CMK
4 – Patriot Coal Corporation – NYSE:PCX
3 – Brookfield Properties Corporation – NYSE:BPO
2 – Yingli Green Energy – NYSE:YGE
1 – Matrixx Initiatives – NASDAQ:MTXX
* MFS InterMarket Income Trust recently set a quarterly dividend of more than 4 cents per share and has a payable date of June 30th. Shares of CMK fell .20% to $7.27 on Wednesday.
* On Tuesday Patriot Coal announced that it has priced a public offering of 12 million shares of its common stock in a registered public offering at $7.90 per share. Patriot also has granted the managing underwriters a 30-day option to purchase up to an additional 1.8 million shares to cover any over-allotments. Shares of PCX plummeted 11.4% to $7.10 on the news Wednesday.
* Debuting on the HIGH 5 this Thursday, real estate investment trust Brookfield Properties Corp. The company recently said it completed refinancing of its Petro-Canada Centre in Canada. The office complex in downtown... Read More » By High 5 Blogger on 6/18/2009 1:35 PM |
5 – DWS Municipal Income Trust – NYSE:KTF
4 – MFS Municipal Income Trust – NYSE:MFM
3 – MFS InterMarket Income Trust I – NYSE:CMK
2 – United States Steel – NYSE:X
1 – Yingli Green Energy – NYSE:YGE
* DWS Municipal Income Trust is the first stock on the HIGH 5 Wednesday. DWS announced regular monthly and quarterly distributions in early June with KTF's monthly dividend rate set at about 7 cents per share. Shares of KTF rose 1.2% to $10.10 on Tuesday.
* MFS Municipal Income Trust recently set a quarterly dividend of more than 4 cents per share and has a payable date of June 30th. Shares of MFM climbed just .20% to $5.64 on Tuesday.
* MFS InterMarket Income Trust recently set a quarterly dividend of more than 4 cents per share and has a payable date of June 30th. Shares of CMK rose .70% to $7.28 on Tuesday.
* A union representative said United States Steel plans to recall about 800 laid-off workers at a plant in Canada this summer, partly to avoid possible severance... Read More » By High 5 Blogger on 6/18/2009 1:34 PM |
5 – Citigroup – NYSE:C
4 – Rowan Companies – NYSE:RDC
3 – Atlantic Tele-Network – NASDAQ:ATNI
2 – Research In Motion - NASDAQ:RIMM
1 – MFS Municipal Income Trust – NYSE:MFM
* Citigroup's chairman said on Monday the bank may find it harder to retain and attract top employees while the bank is holding on to federal bailout money. Richard Parsons made these comments five days after Citigroup undertook an exchange offer for preferred stock that is expected to leave the government with 34% ownership. Shares of C fell 2.9% to $3.37 on Monday.
* Shares of oil drilling contractor Rowan Companies plummeted 6.4% Monday after Credit Suisse downgraded the stock saying it is overvalued in its sector. The analyst lowered Rowan to "Underperform" from "Neutral". The stock closed down $1.48 to $21.71 on the news.
* On June 9, 2009, Atlantic Tele-Network entered into a Purchase Agreement with Cellco Partnership d/b/a Verizon Wireless to acquire wireless assets in certain primarily... Read More » By High 5 Blogger on 6/16/2009 2:30 PM |
5 – Nuveen Performance Plus Municipal Fund – NYSE:NPP
4 – MFS Municipal Income Trust – NYSE:MFM
3 – Tongxin International – NASDAQ:TXIC
2 – Marshall & Iisley – NYSE:MI
1 – Research In Motion - NASDAQ:RIMM
* Nuveen Performance Plus Municipal Fund kicks off the Monday High 5 after falling 1.2% to $12.35 on Friday.
* MFS Municipal Income Trust recently set a quarterly dividend of more than 4 cents per share and has a payable date of June 30th. Shares of MFM dropped 1% to $5.76 on Friday.
* Late last month Tongxin reported first quarter financial results for the three month period ended March 31, 2009. Overall revenues decreased 2.6% to $29.5 million from $30.3 million while domestic revenues increased 6.3% quarter-over-quarter. Shares of TXIC rocketed an additional 6.4% to $6.20 on Friday and closed up more than 24% in two days.
* On Friday The Wall Street Transcript has just published its TARP 20 Report: Interviews with CEOs of TARP Banks. This 108 page feature... Read More » By High 5 Blogger on 6/15/2009 11:48 AM |
5 – MFS Intermarket Income Trust – NYSE:CMK
4 – Baidu – NASDAQ:BIDU
3 – MFS Municipal Income Trust – NYSE:MFM
2 – Tongxin International – NASDAQ:TXIC
1 – PALM – NASDAQ:PALM
* MFS Intermarket Income Trust recently set a quarterly dividend of more than 4 cents per share and has a payable date of June 30th. Shares of CMK fell .30% in their second showing on the HIGH 5 this week.
* Back for the second time this week, China's Baidu. Shares of BIDU rose .80% to $300.69 on Thursday.
* MFS Municipal Income Trust recently set a quarterly dividend of more than 4 cents per share and has a payable date of June 30th. Shares of MFM rose less than half a percent to $5.81.
* Late last month Tongxin reported first quarter financial results for the three month period ended March 31, 2009. Overall revenues decreased 2.6% to $29.5 million from $30.3 million while domestic revenues increased 6.3% quarter-over-quarter. Shares of TXIC rocketed 16.8% in their HIGH 5 debut on Thursday.
... Read More » By High 5 Blogger on 6/15/2009 8:17 AM |
5 – India Fund – NYSE:IFN
4 – Developers Diversified Realty – NYSE:DDR
3 – KB Home – NYSE:KBH
2 – Research In Motion – NASDAQ:RIMM
1 – Citigroup – NYSE:C
* India Fund announced late last week the filing of a Registration Statement with the Securities and Exchange Commission for a proposed rights offering, subject to market conditions, to holders of the Fund's common stock. Shares of IFN rocketed 3% to $32.23 in its debut on Wednesday.
* Developers Diversified Realty is selling back 11 upstate New York shopping malls to the entity it originally purchased them from, Benderson Development, at a 30% discount to their 2004 purchase price. Shares of DDR fell 2.3% to $5.49 on the news.
* KB Home stock has hit a 52-week low of $6.90 and 52-week high of $25.43. KB Home stock has been showing support around 13.97 and resistance in the 15.95 range. Technical indicators for the stock are Bullish and S&P gives KBH a neutral 3 STAR (out of 5) hold rating. KBH appears on the Investors... Read More » By High 5 Blogger on 6/15/2009 8:17 AM |
5 – MFS InterMarket Income Trust – NYSE:CMK
4 – CIT Group – NYSE:CIT
3 – Arena Pharmaceuticals – NASDAQ:ARNA
2 – CBL & Associates Properties – NYSE:CBL
1 – Research In Motion – NASDAQ:RIMM
* Earlier this month MFS InterMarket Income Trust announced monthly distributions of more than 4 cents per share with a declaration date of June 1, 2009, ex-dividend date of June 10, 2009, record date of June 12, 2009, and payable date of June 30, 2009. Shares of CMK rose just one penny to $7.35 in its debut on Tuesday.
* CIT Group announced Tuesday that it has closed a $954 million equipment lease securitization. Notes issued under the securitization constitute eligible collateral under the Federal Reserve Bank of New York's Term Asset-Backed Securities Loan Facility (TALF). Shares of CIT rose 4.7% to $3.34 on the news.
* Shares of Arena Pharmaceuticals fell just one day after the company said its obesity drug candidate lorcaserin helped patients lose and keep off weight in a... Read More » By High 5 Blogger on 6/10/2009 3:04 PM |
5 – Putnam Municipal Opportunities Trust – NYSE:PMO
4 – Nuveen Performance Plus Municipal Fund – NYSE:NPP
3 – DWS Municipal Income Trust – NYSE:KTF
2 – Research In Motion – NASDAQ:RIMM
1 – Palm, Inc. – NASDAQ:PALM
* Debuting on the HIGH 5 Tuesday is Putnam Municipal Opportunities Trust. Shares of PMO rose less than 1% to $10.18 to mark its debut.
* Last week Nuveen Investments announced that 106 Nuveen closed-end funds had declared regular monthly distributions. Nuveen Performance Plus declared a monthly dividend payout of about 7 cents per share. Shares of NPP fell less than 1% to $12.69 in their debut on Monday.
* DWS closed-end funds including DWS Municipal Income Trust Fund announced regular monthly and quarterly distributions on Friday. KTF's monthly dividend rate was set at about 7 cents per share. KTF rose just .10% to $10.32 on Monday.
* Barron's said on Monday that they are expecting a strong quarter for Research In Motion. They are raising their... Read More » By High 5 Blogger on 6/9/2009 11:04 AM |
5 – American International Group – NYSE:AFF
4 – Baidu – NASDAQ:BIDU
3 – STR PD 7.4 Ford – NYSE:KSK
2 – State Street Corp. – NYSE:STT
1 – Goldman Sachs – NYSE:GS
* American International Group, under ticker symbol AFF, debuts on the HIGH 5 Monday. Shares of AFF finished flat on Friday to close where they opened at $8.44.
* CNBC reported Friday that Baidu, along with Sun Microsystems and Research in Motion have been leading the NASDAQ 100 to the upside in 2009. Shares of BIDU closed Friday up more than $10 or 3.6% to $304.
* Structured Products 7.4 Ford debuts on the HIGH 5 after rising 1.2% to $11.50 on Friday.
* State Street is among banks that may be approved this week to repay money from the Troubled Asset Relief Program, or TARP. Others include Morgan Stanley, American Express and Bank of New York Mellon. Shares of STT plunged 3.4% to $47.27 on Friday.
* Goldman Sachs is among banks getting the go-ahead to repay billions of dollars in government... Read More » By High 5 Blogger on 6/8/2009 4:12 PM |
5 – Macerich – NYSE:MAC
4 – LDK Solar – NYSE:LDK
3 – KB Home – NYSE:KBH
2 – AutoNation – NYSE:AN
1 – Goldman Sachs – NYSE:GS
* SmarTrend, an automated pattern recognition system, called an Uptrend for Macerich Company on 4/9/2009 at $11.27. Since then, Macerich Company has returned 88% as of Thursday's closing price of $21.17. Shares climbed $3.33 or 18.7% on Thursday.
* LDK Solar announced Thursday that members of its management team will present at the Deutsche Bank Alternative Energy Conference on June 11 at 9:00 a.m. Eastern Time. Shares of LDK rose 5.7% to $9.42 on Thursday.
* Shares of KB Homes fell Thursday just as the number of pending home sales posted the largest monthly jump in nearly eight years this week. Shares of KBH closed down 1.3% in their HIGH 5 debut on Thursday.
* As General Motors filed for bankruptcy protection earlier this week CEO Mike Jackson offered insights on what impact it would have for the auto consumer and car dealerships... Read More » By High 5 Blogger on 6/8/2009 4:12 PM |
5 – DryShips – NASDAQ:DRYS
4 – ING Groep N.V. – NYSE:IGK
3 – Gannett – NYSE:GCI
2 – Genco Shipping and Trading – NYSE:GNK
1 – Delta Petroleum – NASDAQ:DPTR
* Greek shipping company DryShips said it agreed to cancel the acquisition of a capesize vessel on Wednesday, a move that would further reduce its 2009 capital expenditures by $71.2 million. Shares of DRYS plunged 5.7% to $7.42 on the news.
* ING Groep N.V. was on the HIGH 5 for the second day in a row this week. Shares of IGK rose 1% to $18.15 on Wednesday.
* Figures that size up just how tough business has been for newspaper publishers were released by an industry trade group last week, but word began to spread only over the last few days: Sales of print ads during the first quarter fell nearly 30% industry-wide, according to the Newspaper Association of America -- the worst drop since record-keeping began, in 1950. Shares of newspaper stocks including Gannett, plummeted 10.6% on Wednesday.
* Genco... Read More » By High 5 Blogger on 6/4/2009 2:34 PM |
5 – ING Groep N.V. – NYSE:IGK
4 – First Solar – NASDAQ:FSLR
3 – Wells Fargo – NYSE:BWF
2 – KeyCorp – NYSE:KEY
1 – SunTrust Banks – NYSE:STI
* ING Groep N.V. was of interest to short sellers on Tuesday, popping up on the HIGH 5 for the first time ever. Shares of IGK rose less than 1% to $18.
* First Solar signed a deal Tuesday with Pfalzsolar GmbH in Germany to supply the company with panels for a variety of uses. The solar company will supply photovoltaic panels immediately for use in utility-scale projects. Shares of FSLR dropped an additional 2.4% to $184.50 on the news.
* Wells Fargo Cap XII is debuting on the HIGH 5 as well. The stock just saw a historical high of $26.18 on the 15th of May. Prior to that, it had been 373 days since the historical high price. Shares of BWF barley budged on Tuesday, closing up .5% to $24.
* Regional bank KeyCorp said Tuesday it raised $1 billion through an "at the market" stock offer as part of its plan to bridge a capital... Read More » By High 5 Blogger on 6/4/2009 7:46 AM |
5 – PIMCO Income Opportunity Fund – NYSE:PKO
4 – Yingli Green Energy – NYSE:YGE
3 – First Solar – NASDAQ:FSLR
2 – Las Vegas Sands – NYSE:LVS
1 – Ford Motor – NYSE:F
* The Boards of Trustees of PIMCO Corporate Income Fund announced Monday that they have declared about a 20 cent monthly common share dividend on PIMCO Income Opportunity Fund. Shares of PKO rose 1% to $18.32 on the news.
* On Monday Yingli Green Energy, the Energy Research Centre of the Netherlands and Amtech Systems announced a three-party research collaboration agreement to develop next generation high efficiency solar cells. Shares of YGE rocketed 11% to $14.20 on the news.
* On Monday's "Stop Trading!" segment on CNBC, Jim Cramer said "First Solar remains the only [solar] play that I want as oil goes higher because they make money when oil goes lower!". Shares of FSLR fell less than 1% to $189.
* A Bernstein Research analyst said Las Vegas Sands Chief Financial Officer Kenneth Kay and Senior... Read More » By High 5 Blogger on 6/3/2009 7:15 AM |
5 – Yingli Green Energy – NYSE:YGE
4 – First Solar – NASDAQ:FSLR
3 – Gannett – NYSE:GCI
2 – Chimera Investment – NYSE:CIM
1 – Las Vegas Sands – NYSE:LVS
* Yingli Green Energy was the Chinese Solar Stocks Index's top performer last week, adding 35% over five days after receiving a price target increase from Collins Stewart on Monday and an upgrade from Lazard Capital Markets. Shares of YGE rose 7.4% to $12.80.
* On Friday First Solar said it signed a multiyear supply contract with Pfalzsolar GmbH, a solar-project developer owned by Pfalzwerke AG. Shares of FSLR rose 3.6% to more than $190 on the news.
* A group of newspaper big wigs, including representatives from Gannett, converged on a hotel in a Chicago suburb to discuss the state of their troubled business Thursday. The most pressing item on the agenda was whether and how to begin charging readers for content online. Shares of GCI closed down more than 3.8% to $4.77 on the NYSE Friday.
* Last week Chimera... Read More » By High 5 Blogger on 6/1/2009 4:17 PM |
5 – Genco Shipping & Trading – NYSE:GNK
4 – Quicksilver Resources – NYSE:KWK
3 – Bank of America – NYSE:BAC
2 – Chimera Investment – NYSE:CIM
1 – Las Vegas Sands – NYSE:LVS
* Genco Shipping & Trading lead shippers Thursday on news that fellow shipper, FreeSeas reported Q1 earnings of $0.29 per share beat analysts estimates of $0.24 per share. GNK rocketed more than $2 or 9.43% to $23.80 on Thursday.
* Independent oil and gas company Quicksilver Resources said it was seeking an amendment to its credit agreement of about $598 million of outstanding debt. Shares of the company closed up 7.5% at $10.75 on the news Thursday.
* Bank of America on Thursday sold $2.5 billion of 10-year non-FDIC guaranteed notes. The 7.625% notes were priced to yield about 410 basis points more than comparable U.S. Treasuries. Shares of BAC rose 3.6% to $11.30 on the news.
* On Wednesday Chimera Investment announced that it has set the price for the public offering of 168 million... Read More » By High 5 Blogger on 5/29/2009 11:19 AM |