BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[BofA raises more than $19 billion, on track to make good with the feds]]>http://www.bloggingstocks.com/2009/12/04/bofa-raises-more-than-19-billion-on-track-to-make-good-with-th/http://www.bloggingstocks.com/2009/12/04/bofa-raises-more-than-19-billion-on-track-to-make-good-with-th/http://www.bloggingstocks.com/2009/12/04/bofa-raises-more-than-19-billion-on-track-to-make-good-with-th/#commentsFiled under: , ,

As planned, Bank of America (BAC) sold securities to raise the capital it needs to settle with the government. The company announced this week that it would repay the $45 billion in bailout money it received under the Troubled Asset Relief Program (TARP). Bank of America raised $19.3 billion, slightly more than the $18.8 billion it originally sought.

Bank of America sold 1.286 billion "common equivalent" securities, which are comprised of a depositary share and a warrant. The security is convertible into one common share of Bank of America, upon approval by shareholders. The rest of the money will come in the form of cash.

Continue reading BofA raises more than $19 billion, on track to make good with the feds

BofA raises more than $19 billion, on track to make good with the feds originally appeared on BloggingStocks on Fri, 04 Dec 2009 08:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bacBank of AmericainthenewstarpThornburgTroubled Asset Relief ProgramTroubledAssetReliefProgramFri, 04 Dec 2009 08:00:00 EST<![CDATA[Earnings highlights: Dell, Sears, Tiffany, Talbots, Smithfield, TiVo, Rio Tinto and others]]>http://www.bloggingstocks.com/2008/08/30/earnings-highlights-dell-sears-tiffany-talbots-smithfield/http://www.bloggingstocks.com/2008/08/30/earnings-highlights-dell-sears-tiffany-talbots-smithfield/http://www.bloggingstocks.com/2008/08/30/earnings-highlights-dell-sears-tiffany-talbots-smithfield/#commentsFiled under: , , , , , , ,

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Upcoming quarterly reports include Guess (NYSE: GES), Collective Brands (NYSE: PSS), H&R Block, (NYSE: HRB), Staples (NASDAQ: SPLS), Ciena (NASDAQ: CIEN), Toll Brothers (NYSE: TOL); and National Semiconductor (NASDAQ: NSM).

Visit AOL Money & Finance for more earnings coverage.

Earnings highlights: Dell, Sears, Tiffany, Talbots, Smithfield, TiVo, Rio Tinto and others originally appeared on BloggingStocks on Sat, 30 Aug 2008 12:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AlcanBIGBig LotsDDSDellDillardsearningsearnings reportsFannie MaeFreddie MacGilatGILTJ. CrewJCGJim CramerJPMJPMorganLDKMarvellMRVLRio TintoRTPSAFMSanderson FarmsSearsSFDSHLDSKILSkillSoftSmithfieldSNPTalbotsThornburgTIFTiffanyTiVoTLBTMASat, 30 Aug 2008 12:10:00 EST<![CDATA[Earnings highlights: Apollo Group, Family Dollar, Kroger, Deutsche Bank and others]]>http://www.bloggingstocks.com/2008/07/06/earnings-highlights-apollo-group-family-dollar-kroger-deutsc/http://www.bloggingstocks.com/2008/07/06/earnings-highlights-apollo-group-family-dollar-kroger-deutsc/http://www.bloggingstocks.com/2008/07/06/earnings-highlights-apollo-group-family-dollar-kroger-deutsc/#commentsFiled under: , , , , , ,

Here are some highlights from this past week's earnings coverage from BloggingStocks:

More highlights from this past week: BP, Discover, Corel, Citigroup, WD-40, MSCI and others

Also, Peter Cohan points out that a bear market means low earnings expectations, and also that negative surprises are likely to outweigh positive ones in the second half of the year. Aaron Katsman, on the other hand, predicts a rebound for earnings in the second half. And BusinessWeek reminds us that cheap stocks -- even with big names such as Ford Motor Co. (NYSE: F), Sprint Nextel Corp. (NYSE: S), and Northwest Airlines (NYSE: NWA) -- are no bargain if they have no earnings.

Upcoming results to watch for include Alcoa (NYSE: AA), Pepsi Bottling Group (NYSE: PBG), Marriott International (NYSE: MAR), and General Electric (NYSE: GE).

Visit AOL Money & Finance for more earnings coverage.

Earnings highlights: Apollo Group, Family Dollar, Kroger, Deutsche Bank and others originally appeared on BloggingStocks on Sun, 06 Jul 2008 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAAaron KatsmanAeroVironmentAlcoaAPOLApollo GroupAVAVCampbell SoupConstellation BrandsCPBDBDeutsche BankFamily DollarFDOFordGEGeneral ElectricH and R BlockHRBKRKrogerMARMarriottNorthwest AirlinesNVDANvidiaNWAPBGPepsi BottlingPeter CohanRBNRobbins and MyersSprintSprint NextelSTZThornburgTMAUNHUnitedHealthSun, 06 Jul 2008 10:40:00 EST<![CDATA[The week in preview: No place like home]]>http://www.bloggingstocks.com/2008/06/01/the-week-in-preview-no-place-like-home/http://www.bloggingstocks.com/2008/06/01/the-week-in-preview-no-place-like-home/http://www.bloggingstocks.com/2008/06/01/the-week-in-preview-no-place-like-home/#commentsFiled under: , ,

How did we get here anyway? Housing and construction companies have been crushed as the bubble burst and now investors have to make a critical decision. Do you stay and hope for a recovery or bag it and move to another position that has the potential to provide better returns?

The problem is simple to explain: Most investors hate taking a loss. In fact, most investors will look to get "even" before they sell and this attitude usually leads to greater losses, anxiety and poor decisions. The truth is that much of this can be avoided with proper risk management techniques. If any of this describes you, then consider developing a plan for risk management and a discipline that will help to protect your hard earned principal. Now, more than ever, investors need a plan. We all need a plan that includes well developed risk management disciplines, which is why I dedicate a full chapter to it in my book, The Disciplined Investor.

Monday, June 2

The week begins with the 10 am release of construction spending and the ISM Index. Construction spending is expected to continue to be weak as is the ISM.

Then we have a few housing-related earnings releases that should be of interest. Watch NCI Building Systems Inc. (NYSE: NCS). This company is engaged in manufacturing and marketing of metal products for the nonresidential construction industry. Terrific! This is a company that is suffering along with the entire construction sector...that is for sure. In fact, they company lowered the outlook for the remainder of the year back in March. It stands to reason that not much is better. The ace in the hole is the recent trend of lowering expectations and then coming out with an earnings beat. Even so, this has too much potential for problems and the sideline is a good vantage point to watch the earnings announcement, which is expected to come in with a PROFIT of 31 cents per share on $365 million of revenue. (Uh...That I would like to see.)

Continue reading The week in preview: No place like home

The week in preview: No place like home originally appeared on BloggingStocks on Sun, 01 Jun 2008 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsGEFGreifHOVHovnanianInfoUSAIUSANCSPlato LearningThornburgTMATOLTrina SolarTSLTUTRWilliams-SonomaWSMSun, 01 Jun 2008 12:30:00 EST<![CDATA[Analyst downgrades: CBS, Thornburg Mortgage, DiamondRock Hospitality]]>http://www.bloggingstocks.com/2008/04/30/analyst-downgrades-cbs-thornburg-mortgage-diamondrock-hospita/http://www.bloggingstocks.com/2008/04/30/analyst-downgrades-cbs-thornburg-mortgage-diamondrock-hospita/http://www.bloggingstocks.com/2008/04/30/analyst-downgrades-cbs-thornburg-mortgage-diamondrock-hospita/#commentsFiled under: , ,

MOST NOTEWORTHY: CBS Corp., Thornburg Mortgage and DiamondRock Hospitality were among today's noteworthy downgrades:

  • CBS Corp. (NYSE: CBS) was downgraded to Market Perform from Outperform at Wachovia, citing the weak ad environment and potential M&A strategy to acquire growth, which will limit upside near-term.
  • Thornburg Mortgage (NYSE: TMA) was downgraded to Underperform from Outperform at Friedman Billings, which said the recent capital raise and related transactions result in 95% dilution, and questions how shares will trade when 2.9B restricted common shares are registered and start trading in mid- May.
  • DiamondRock Hospitality (NYSE: DRH) was downgraded to Neutral from Outperform at Baird following the company's reduced guidance.

OTHER DOWNGRADES:

  • Savvis Inc. (NASDAQ: SVVS) was downgraded to Equal Weight from Overweight at Lehman following the company's Q1 report and guidance.
  • Memc Electronic Materials (NYSE: WFR) was downgraded to Neutral from Overweight at J.P. Morgan, who cited high Street expectations and a very tight capacity expansion schedule over the next few quarters.

Analyst downgrades: CBS, Thornburg Mortgage, DiamondRock Hospitality originally appeared on BloggingStocks on Wed, 30 Apr 2008 12:36:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystcbsdiamondrockdowngradedrhmemcsavvissvvsthornburgtmawfrWed, 30 Apr 2008 12:36:00 EST<![CDATA[Cramer on BloggingStocks: Administration misses the mark again]]>http://www.bloggingstocks.com/2008/03/14/cramer-on-bloggingstocks-administration-misses-the-mark-again/http://www.bloggingstocks.com/2008/03/14/cramer-on-bloggingstocks-administration-misses-the-mark-again/http://www.bloggingstocks.com/2008/03/14/cramer-on-bloggingstocks-administration-misses-the-mark-again/#commentsFiled under: , ,

TheStreet.com's Jim Cramer says the latest proposal leans on private industry and the states, two groups that already failed.

"The plan, which relies primarily on state regulators and private industry to tighten their oversight of financial markets, calls on states to issue nationwide licensing standards for mortgage brokers."

That quote, from the lead story in The New York Times, headed "White House Offers Plan to Ward off Credit Crisis," is exactly what is wrong with every response from this government to the crisis we are in.

First, the state regulators are a joke, have been a joke and always will be a joke. We have had state regulators, some of them actually attempting to be good at their jobs, but this real estate industry is always more powerful than state government, so it is a hopeless proposition. All of the problems in this business may have started with mortgage brokers putting people into mortgages that they shouldn't have, but that would have simply stopped had the Federal Reserve said that it didn't see the wisdom in 2 and 28 loans. They pushed them, didn't believe in derivative packaging, and thought that loans should be kept on the books of the banks UNLESS bought by Fannie Mae (NYSE: FNM) (Cramer's Take).

Continue reading Cramer on BloggingStocks: Administration misses the mark again

Cramer on BloggingStocks: Administration misses the mark again originally appeared on BloggingStocks on Fri, 14 Mar 2008 08:35:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>fannie maeFannieMaefeaturedfnmjim cramerJimCramersecthornburgtmaFri, 14 Mar 2008 08:35:00 EST<![CDATA[Closing Bell: Two days of gains? Sorry, that is asking for too much ...]]>http://www.bloggingstocks.com/2008/03/12/closing-bell-two-days-of-gains-sorry-that-is-asking-for-too-m/http://www.bloggingstocks.com/2008/03/12/closing-bell-two-days-of-gains-sorry-that-is-asking-for-too-m/http://www.bloggingstocks.com/2008/03/12/closing-bell-two-days-of-gains-sorry-that-is-asking-for-too-m/#commentsFiled under:

The stock market was up earlier today on hopes of a continue follow-on from yesterday's monster gains, but closed weak at the end of the day. The good news is that we didn't give back most of yesterday's gains. The bad news is that bears can claim there isn't enough positive mojo to keep the market surging a second day. That's what makes a ballgame. Seeing oil hit $110 per barrel probably didn't help matters for those hoping for an ease in gas prices and a break for retail. Below are the unofficial market closing levels:
  • DJIA 12,110.24 (-46.57; -0.38%)
  • S&P500 1,308.77 (-11.88; -0.90%)
  • NASDAQ 2,243.87 (-11.89; -0.53%)
  • 10Y-Bond 3.483% ( -0.113%)
  • See the new 52-week low club
Southwest Air (NYSE: LUV) was one of the standout stocks with a 7% price drop down to $11.49 after it grounded 41 planes and canceled flights. The airline will recover from this incident, but what is odd is that if you look it up and down it isn't rewarding shareholders even when it cheats.

Humana Inc. (NYSE: HUM) was the news disaster of the day for large cap stocks with a 13.7% drop to $40.88 after noting higher pharmacy charges were going to nearly chop first quarter earnings in half. The stock put in another 52-week low under the $42.85 prior low despite a Merrill Lynch upgrade late in the day defending the stock.

A biotech called Progenics Pharmaceuticals, Inc. (NASDAQ: PGNX) acted as the biotech implosion of the day with a monster drop of 63% to $5.31 (close to perceived cash balance) after its bowel drug failed in Phase II tests. It looks like the placebo was even better.

Thornburg Mortgage (NYSE: TMA) was the monster gainer today with shares up 82% to $2.86, after its coverage was raised to Peer Perform at Bear Stearns. KLA-Tencor (NASDAQ: KLAC) saw shares fall more than 9% to $37.80 on a downgrade today. (Top 10 pre-market calls).

Tomorrow we have the weekly jobless claims, and while weekly numbers are less watched they may be more front and center as everyone is hoping the job market doesn't head as far south as the economy. We also have February import prices, so we'll get to see more evidence of the inflation we know is there.

Closing Bell: Two days of gains? Sorry, that is asking for too much ... originally appeared on BloggingStocks on Wed, 12 Mar 2008 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>HUMinthenewsLUVPGNXProgenicsSouthwestThornburgTMAWed, 12 Mar 2008 17:00:00 EST<![CDATA[Analyst upgrades: Nokia, Thornburg Mortgage, AbitibiBowater]]>http://www.bloggingstocks.com/2008/03/12/analyst-upgrades-nokia-thornburg-mortgage-abitibibowater/http://www.bloggingstocks.com/2008/03/12/analyst-upgrades-nokia-thornburg-mortgage-abitibibowater/http://www.bloggingstocks.com/2008/03/12/analyst-upgrades-nokia-thornburg-mortgage-abitibibowater/#commentsFiled under: , ,

MOST NOTEWORTHY: Nokia, Thornburg Mortgage and AbitibiBowater were today's noteworthy upgrades:

  • Oppenheimer upgraded shares of Nokia (NYSE: NOK) to Outperform from Perform on valuation following the recent weakness, as their checks indicate demand remains solid. WestLB raised Nokia to Buy from Add on valuation, as they believe concerns about Chinese demand are overdone.
  • Bear believes Thornburg Mortgage (NYSE: TMA) is much more likely to survive given liquidity from the Fed's Term Securities Lending Facility. Bear upgraded Thornburg to Peer Perform from Underperform.
  • BMO Capital upgraded AbitibiBowater (NYSE: ABH) to Market Perform from Underperform citing the company's $496M private debt exchange offer.

OTHER UPGRADES:

Analyst upgrades: Nokia, Thornburg Mortgage, AbitibiBowater originally appeared on BloggingStocks on Wed, 12 Mar 2008 11:46:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>abhabitibibowateranalystcash americaCashAmericacshgdnnygroupe danoneGroupeDanonenoknokiathornburgtmaupgradeveveoliaWed, 12 Mar 2008 11:46:00 EST<![CDATA[Analyst downgrades: TMA, KERX, ARO and WMT]]>http://www.bloggingstocks.com/2008/03/10/analyst-downgrades-tma-kerx-aro-and-wmt/http://www.bloggingstocks.com/2008/03/10/analyst-downgrades-tma-kerx-aro-and-wmt/http://www.bloggingstocks.com/2008/03/10/analyst-downgrades-tma-kerx-aro-and-wmt/#commentsFiled under: , ,

MOST NOTEWORTHY: Thornburg Mortgage, Keryx Biopharma and Aeropostale were today's noteworthy downgrades:
  • Jefferies downgraded shares of Thornburg Mortgage (NYSE: TMA) to Underperform from Hold after the company said it is unable to meet margin calls despite asset sales and will restate 2007 earnings.
  • Keryx Biopharma (NASDAQ: KERX) was downgraded to Neutral from Buy at Merrill, to Neutral from Overweight at JP Morgan, to Underperform from Market Perform at Rodman & Renshaw, to Hold from Buy at Jefferies and to Underperform from Outperform at Bear Stearns after the company announced the Sulonex SUN-MICRO Phase 3 trial failed to meet the primary endpoint.
  • Citigroup lowered Aeropostale (NYSE: ARO) to Sell from Hold as they believe inventory levels are building and that there is downside risk to Q1 estimates.
OTHER DOWNGRADES:

Analyst downgrades: TMA, KERX, ARO and WMT originally appeared on BloggingStocks on Mon, 10 Mar 2008 11:33:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aeropostaleanalystarodowngradej2 globalJ2Globaljcomkerxkeryxlincarelncrthornburgtmawal-martwmtMon, 10 Mar 2008 11:33:00 EST<![CDATA[Analyst downgrades: Thornburg Mortgage, Whirlpool, Jackson Hewitt]]>http://www.bloggingstocks.com/2008/03/05/analyst-downgrades-tma-whr-and-jtx/http://www.bloggingstocks.com/2008/03/05/analyst-downgrades-tma-whr-and-jtx/http://www.bloggingstocks.com/2008/03/05/analyst-downgrades-tma-whr-and-jtx/#commentsFiled under: ,

MOST NOTEWORTHY: Thornburg Mortgage, Whirlpool and Jackson Hewitt were today's noteworthy downgrades:
  • Jefferies downgraded shares of Thornburg Mortgage (NYSE: TMA) to Hold from Buy to reflect the ongoing dislocation of the mortgage markets and lowered their target to $3.75 from $14. While they believe Thornburg will probably survive its current liquidity crisis, they think the company's capital structure will be impaired further.
  • JP Morgan downgraded Whirlpool (NYSE: WHR) to Underweight from Neutral, citing valuation, higher steel prices, the difficult macro environment and competition.
  • Stephens cut Jackson Hewitt (NYSE: JTX) to Equal Weight from Overweight to reflect the company's recent results and concerns over the issues that have impacted the basic business.
OTHER DOWNGRADES:
  • Merrill lowered Bank of Montreal (NYSE: BMO) to Sell from Neutral.
  • Lehman downgraded PDL BioPharma (NASDAQ: PDLI) to Equal Weight from Overweight.
  • Friedman Billings downgraded Tessera (NASDAQ: TSRA) to Market Perform from Outperform.

Analyst downgrades: Thornburg Mortgage, Whirlpool, Jackson Hewitt originally appeared on BloggingStocks on Wed, 05 Mar 2008 11:53:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystbank of montrealBankOfMontrealbmodowngradejackson hewittJacksonHewittjtxpdl biopharmaPdlBiopharmapdlitesserathornburgtmatsrawhirlpoolwhrWed, 05 Mar 2008 11:53:00 EST<![CDATA[Cramer on BloggingStocks: Fed needs to follow the Pennsylvania plan]]>http://www.bloggingstocks.com/2008/03/04/cramer-on-bloggingstocks-fed-needs-to-follow-the-pennsylvania-p/http://www.bloggingstocks.com/2008/03/04/cramer-on-bloggingstocks-fed-needs-to-follow-the-pennsylvania-p/http://www.bloggingstocks.com/2008/03/04/cramer-on-bloggingstocks-fed-needs-to-follow-the-pennsylvania-p/#commentsFiled under: , , ,

TheStreet.com's Jim Cramer says Pennsylvania's foreclosures are declining, thanks to a plan that can be applied nationally.

We keep hearing how the AAA paper is unfairly being marked down because of the "need" to sell. We hear that if the paper, particularly the mortgage paper, were allowed to be held, there would be no problem, that, for example, the Thornburg (NYSE: TMA) (Cramer's Take) paper, which is most likely not going to default, or the paper that AIG (NYSE: AIG) (Cramer's Take) is insuring, the so-called super senior, which is also most likely not going to default. We keep believing that the real issue is the markings, and how the markings reflect unrealistically depressed valuations.

Obviously the Fed believes this, too or it wouldn't have been so complacent. So why doesn't the Fed puts its money where its mouth is, and do something, non-bailoutish, that exploits the market's imperfection. Why doesn't it issue $50 billion of two-year notes at 1.60% and take the money and buy high quality mortgages and other collateralized obligations, the very stuff that everyone says will pay off over time. Then the Fed can make money holding the stuff, the banks get more liquid, which takes the pressure off their balance sheets, and no bailout occurs?

Continue reading Cramer on BloggingStocks: Fed needs to follow the Pennsylvania plan

Cramer on BloggingStocks: Fed needs to follow the Pennsylvania plan originally appeared on BloggingStocks on Tue, 04 Mar 2008 08:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aigfeaturedjim cramerJimCramerPennsylvaniathornburgtmaTue, 04 Mar 2008 08:00:00 EST<![CDATA[Cramer on BloggingStocks: U.S. takes the high road, and everyone suffers]]>http://www.bloggingstocks.com/2008/02/29/cramer-on-bloggingstocks-u-s-takes-the-high-road-and-everyone/http://www.bloggingstocks.com/2008/02/29/cramer-on-bloggingstocks-u-s-takes-the-high-road-and-everyone/http://www.bloggingstocks.com/2008/02/29/cramer-on-bloggingstocks-u-s-takes-the-high-road-and-everyone/#commentsFiled under: , , ,

TheStreet.com's Jim Cramer says indifference and inaction by our pols is just begging for foreign intervention to bail us out.

Where's our sovereign fund? We are spending all of our time hoping to be bailed out by countries where we would just as soon overthrow in the old days as we would now fall in love with, and in the meantime we have nothing from our own country. If Merrill Lynch (NYSE: MER) (Cramer's Take) is such a great buy for some other country, could it be a great buy for us?

Don't you think our sovereign fund could have taken a stake in MBIA (NYSE: MBI) (Cramer's Take) and Ambac (NYSE: ABK) (Cramer's Take) and gotten rid of the whole muni problem? How about a sovereign fund putting up capital behind the FHA so that stretched people can get a 30-year-fixed at prices they can pay, in return for getting free from some sort of rapacious adjusted-rate post-teaser, knowing that if it weren't adjusted higher, the person would be a good credit because he or she lives in the house?

So what if they paid more than the house is now worth; they would pay if they could. Nobody likes to be thrown out of their house -- they just can't take the resets.

Continue reading Cramer on BloggingStocks: U.S. takes the high road, and everyone suffers

Cramer on BloggingStocks: U.S. takes the high road, and everyone suffers originally appeared on BloggingStocks on Fri, 29 Feb 2008 08:55:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>abkambacfeaturedjim cramerJimCramermbimbiamermerrill lynchMerrillLynchthornburgtmaFri, 29 Feb 2008 08:55:00 EST<![CDATA[Option update: Thornburg Mortgage volatility at low end of range; margin calls met]]>http://www.bloggingstocks.com/2008/02/28/option-update-thornburg-mortgage-volatility-at-low-end-of-range/http://www.bloggingstocks.com/2008/02/28/option-update-thornburg-mortgage-volatility-at-low-end-of-range/http://www.bloggingstocks.com/2008/02/28/option-update-thornburg-mortgage-volatility-at-low-end-of-range/#commentsFiled under:

Thornburg Mortgage (NYSE: TMA) said that since Feb. 14 it has met margin calls in excess of $300 million related to securities backed by about $2.9 billion of mortgage debt.

TMA, a single-family residential mortgage lender, is recently at $8.60 in pre-open trading, below its close of $11.54 Wednesday.

TMA March call option implied volatility is at 53, puts are at 60. TMA 26-week average of option implied volatility is 64 according to Track Data, suggesting less price risk. TMA puts are bid higher than calls on TMA being difficult to borrow.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Option update: Thornburg Mortgage volatility at low end of range; margin calls met originally appeared on BloggingStocks on Thu, 28 Feb 2008 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsoption implied volatilityOptionImpliedVolatilitythornburgtmaThu, 28 Feb 2008 10:00:00 EST<![CDATA[Cramer on BloggingStocks: Ripples from housing are still being felt]]>http://www.bloggingstocks.com/2008/02/28/cramer-on-bloggingstocks-ripples-from-housing-are-still-being-f/http://www.bloggingstocks.com/2008/02/28/cramer-on-bloggingstocks-ripples-from-housing-are-still-being-f/http://www.bloggingstocks.com/2008/02/28/cramer-on-bloggingstocks-ripples-from-housing-are-still-being-f/#commentsFiled under: , , , , , , , ,

TheStreet.com's Jim Cramer says the bad news should make sure the Fed keeps cutting.

We haven't broken the spiral yet. The waves off of homes just keep fighting new areas to hurt, new municipal projects to ding, new large jobs numbers lost, new margin calls for places like Thornburg (NYSE: TMA) (Cramer's Take), which I thought was out of the woods.

Then I saw the TMA news and the verbiage that there was another problem in the markets in February that will require margin calls. This is the Alt-A culprit, the hard-to-value loans given to people who look likely to return the money because they have good solo jobs but on paper haven't been performing. TMA has a ton of jumbo loans to these people. Only back-from-the-grave Indymac (NYSE: IMB) (Cramer's Take) is worse.

Truth be told, we know these are all momentary issues. No bank seems willing to let anyone fail here, and neither TMA nor IMB will be so hurt by these new issues that they can crush the market. Same as Fannie Mae (NYSE: FNM) (Cramer's Take) yesterday -- staggering losses, but so what?

Continue reading Cramer on BloggingStocks: Ripples from housing are still being felt

Cramer on BloggingStocks: Ripples from housing are still being felt originally appeared on BloggingStocks on Thu, 28 Feb 2008 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>catcaterpillardanaherdhrfannie maeFannieMaefeaturedfnmhonhoneywellimbindymac bancorpIndymacBancorpjim cramerJimCramerthornburgtmautxThu, 28 Feb 2008 09:50:00 EST<![CDATA[Analyst upgrades: MRK, European semiconductors, TMA and PRU]]>http://www.bloggingstocks.com/2007/09/13/analyst-upgrades-mrk-european-semiconductors-tma-and-pru/http://www.bloggingstocks.com/2007/09/13/analyst-upgrades-mrk-european-semiconductors-tma-and-pru/http://www.bloggingstocks.com/2007/09/13/analyst-upgrades-mrk-european-semiconductors-tma-and-pru/#commentsFiled under: , , , , ,

MOST NOTEWORTHY: Merck, the European semiconductor sector, Thornburg Mortgage and Prudential were today's notable upgrades:
  • Merck & Co Inc (NYSE: MRK) was upgraded to Buy from Neutral by Bank of America, which believes the company's sales momentum will continue.
  • The European semiconductor sector, which includes Infineon Technologies AG (NYSE: IFX) was upgraded to Positive from Neutral by Lehman Brothers, as they believe a recovery is under way in the industry. The firm upgraded Infineon to Equal Weight from Underweight.
  • Thornburg Mortgage Inc (NYSE: TMA) was upgraded to Market Perform from Underperform at Piper, as they see limited liquidity risks, given the strong quality of the company's mortgage assets.
  • Prudential Financial Inc (NYSE: PRU) was upgraded to Outperform from Neutral by Friedman Billings, which cited valuation and the quality of the company's investment portfolio.
OTHER UPGRADES:

Analyst upgrades: MRK, European semiconductors, TMA and PRU originally appeared on BloggingStocks on Thu, 13 Sep 2007 10:55:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystcbbcincinnati bellCincinnatiBellfirmgeneral motorsGeneralMotorsgmifxinfineonmerckmrknucornuepruprudentialrecommendationthornburgtmaulunileverupgradeThu, 13 Sep 2007 10:55:00 EST<![CDATA[Analyst upgrades 9-11-07: U.S. beverage sector, IMCL, HOT and MAR]]>http://www.bloggingstocks.com/2007/09/11/analyst-upgrades-9-11-07-u-s-beverage-sector-imcl-hot-and-ma/http://www.bloggingstocks.com/2007/09/11/analyst-upgrades-9-11-07-u-s-beverage-sector-imcl-hot-and-ma/http://www.bloggingstocks.com/2007/09/11/analyst-upgrades-9-11-07-u-s-beverage-sector-imcl-hot-and-ma/#commentsFiled under: , , , , , , , ,

MOST NOTEWORTHY: The U.S. beverage sector, ImClone, Starwood Hotels and Marriott International were today's noteworthy upgrades:
OTHER UPGRADES:

Analyst upgrades 9-11-07: U.S. beverage sector, IMCL, HOT and MAR originally appeared on BloggingStocks on Tue, 11 Sep 2007 10:35:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystanheuser buschAnheuserBuschbudccecoca-colafirmhotimclimclonekomarmarriottmolsonpaspeppepsipepsiamericasrtruby tuesdayRubyTuesdaystarwoodtake-twotapthornburgtmattwoupgradewdcwestern digitalWesternDigitalTue, 11 Sep 2007 10:35:00 EST<![CDATA[Analyst downgrades: AKAM, AVY, CKFR, CL and WMT]]>http://www.bloggingstocks.com/2007/08/14/analyst-downgrades-akam-avy-ckfr-cl-and-wmt/http://www.bloggingstocks.com/2007/08/14/analyst-downgrades-akam-avy-ckfr-cl-and-wmt/http://www.bloggingstocks.com/2007/08/14/analyst-downgrades-akam-avy-ckfr-cl-and-wmt/#commentsFiled under: , , , , , , , ,

MOST NOTEWORTHY: CheckFree (CKFR), Colgate-Palmolive (CL), Wal-Mart (WMT), Thornburg Mortgage (TMA) and Avery Dennison (AVY) were today's noteworthy downgrades:
  • Suntrust downgraded CheckFree (NASDAQ: CKFR) to Neutral from Buy based on the Fiserv (FISV) acquisition.
  • Wal-Mart (NYSE: WMT) was cut to Neutral from Overweight at JP Morgan.
  • Jefferies, RBC Capital, Piper Jaffray, Friedman Billings and Credit Suisse downgraded Thornburg Mortgage (NYSE: TMA) to Underperform based on liquidity concerns.
  • Matrix cut Avery Dennison (NYSE: AVY) to Sell from Hold, and said Avery is being affected by the growing price competition in North America and Europe for self-adhesive labels and tabs...
OTHER DOWNGRADES:
  • Hambrecht cut Akamai (NASDAQ: AKAM) to Hold from Buy.
  • Raymond James downgraded Domtar (NYSE: UFS) to Outperform from Strong Buy.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst downgrades: AKAM, AVY, CKFR, CL and WMT originally appeared on BloggingStocks on Tue, 14 Aug 2007 11:28:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>akamakamaianalystaveryavycheckfreeckfrclcolgatedomtardowngradefiservfisvhavertyhvtpalmoliveratingthornburgtmaufswal-martwestwoodwmtwonTue, 14 Aug 2007 11:28:00 EST<![CDATA[Analyst downgrades 8-07-07: CLWR, FFIV, JBLU and LUM]]>http://www.bloggingstocks.com/2007/08/07/analyst-downgrades-8-07-07-clwr-ffiv-jblu-and-lum/http://www.bloggingstocks.com/2007/08/07/analyst-downgrades-8-07-07-clwr-ffiv-jblu-and-lum/http://www.bloggingstocks.com/2007/08/07/analyst-downgrades-8-07-07-clwr-ffiv-jblu-and-lum/#commentsFiled under:

MOST NOTEWORTHY: Luminent Mortgage (LUM), JetBlue (JBLU), Thornburg Morgtage (TMA) and Harmony Gold (HMY) were today's noteworthy downgrades:
  • Luminent Mortgage (NYSE: LUM) was downgraded by a host of firms following suspension of its dividend and 10Q filing delay:
    • UBS cut shares to Sell from Neutral.
    • Deutsche Bank downgraded Luminent to Sell from Buy.
    • Friedman Billings and JMP Securities downgraded shares to Underperform from Market Perform. Keefe Bruyette downgraded Luminent to Market Perform from Outperform.
  • Morgan Stanley downgraded JetBlue (NASDAQ: JBLU) to Underweight from Equal Weight based on expected competition from Virgin American and their stretched balance sheet.
  • Deutsche Bank downgraded shares of Thornburg Mortgage (NYSE: TMA) to Sell from Hold telling accounts it does not believe REIT taxable earnings will be able to support the dividend.
  • Deutsche Bank and UBS cut shares of Harmony Gold (NYSE: HMY) to Sell from Neutral after the company lowered its earnings forecast and the CEO resigned...
OTHER DOWNGRADES:
  • Thomas Weisel downgraded F5 Networks (NASDAQ: FFIV) to Market Weight from Overweight.
  • Pali Capital downgraded Clearwire (NASDAQ: CLWR) to Neutral from Buy.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst downgrades 8-07-07: CLWR, FFIV, JBLU and LUM originally appeared on BloggingStocks on Tue, 07 Aug 2007 11:05:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystclearwireclwrdowngradef5ffivharmonyhmyjetbluejnclumluminentnuveenppgratingthornburgtmau-store it trustU-storeItTrustysiTue, 07 Aug 2007 11:05:00 EST<![CDATA[Cramer still avoiding financials]]>http://www.bloggingstocks.com/2007/08/01/cramer-still-avoiding-financials/http://www.bloggingstocks.com/2007/08/01/cramer-still-avoiding-financials/http://www.bloggingstocks.com/2007/08/01/cramer-still-avoiding-financials/#commentsFiled under: , ,

On today's STOP TRADING! on CNBC, Jim Cramer maintained that you have to sell financial into strength. He said that even Citigroup (NYSE: C) could get pulled down by the malaise even though at most it has 5% of its business tied to such issues. It isn't that he hates all financials, it's that he sees the panic selling in anything tied to mortgages at all. Names like Beazer Homes USA Inc. (NYSE: BZH) has big impairments, and it even has an investigation. Thornburg (NYSE: TMA) is another one he'd still sell because even if it isn't tied into the malaise it could still fall. On MasterCard (NYSE: MA), Cramer said that down $18 feels like an over-reaction.

With the past ten days' worth of continued financial stock selling, you could say that Cramer may be calling the bottom. But it is very hard to fight the tape and it will be hard calling any exact bottom on almost any of these financial stocks. I saw today on CNBC where Charlie Gasparino even noted that Bear Stearns (NYSE: BSC) is getting to a level that it could in theory be thought of as a buyout candidate, but right now until the dust settles it is unlikely that any such offer would be made by anyone. The lawsuits haven't even really started and the waves of downward earnings estimates haven't come from Wall Street itself. Until that happens, this tape is just too hard to fight regardless of fairly recent and longer-term opinions.

Cramer still avoiding financials originally appeared on BloggingStocks on Wed, 01 Aug 2007 15:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Beazer HomesBeazerHomesBSCBZHCJim CramerJimCramerMAStop Trading!StopTrading!ThornburgTMAWed, 01 Aug 2007 15:45:00 EST