: iStockAnalyst.com Symbols Feed

Daily Update: November 9, 2009

Tue, 10 Nov 2009 00:22:10 GMT

The G-20 discussed a Tobin tax: Group of 20 governments split on whether to tax financial trading as part of a broader strategy to ensure the global economy’s expansion is less crisis-prone.[More...]

Tips On Picking The Right Small Business Banking Account

Mon, 05 Oct 2009 13:43:07 GMT

Picking a small business banking account can be like eating at a buffet. There is something for everyone but it is hard to tell which offerings are the best for you given that they are so diverse. The issue is compounded by the fact that small business banking is not like personal banking. A small business typically requires a lot more services than personal banking and there should be, from the customers’ perspective at least, there should be a balance between paying the lowest small business banking fees and deriving value.[More...]

Radvision (NASDAQ: RVSN): Cisco Goes From A Friend To A Foe

Thu, 01 Oct 2009 12:57:55 GMT

Radvision (NASDAQ:RVSN) is getting downgraded today after Cisco announced it will acquire Tandberg, a key competitor of RadVision.[More...]

The Clock Is Ticking On Micromet (MITI)

Tue, 25 Aug 2009 00:05:20 GMT

Earlier this month, Micromet (MITI) concluded an impressive public offering of $75M, approximately 20% of the company’s market cap. The offering illustrates the transformation the company has undergone from an anonymous biotech play into a recognized industry leader. This is also echoed by the growing attention from Wall St. When I first wrote about Micromet in 2007, the company was covered by a single analyst,[More...]

RBC Issues Note On Sirius XM

Fri, 07 Aug 2009 21:34:51 GMT

RBC analyst David Bank issued a report today covering details of Sirius XM’s Q2 conference call. The analyst has no price target on the equity, but did make several points as to why RBC remains neutral on Sirius XM. Like other analysts, Bank sees EBITDA beginning to surge, but shows caution with the realization that SIRI still needs to grow into its valuation and translate EBITDA Into cashflow. Bank seems to take no exception to the guidance issued by Sirius XM of over $400 million EBITDA and is expecting the number to come in closer to $500mm in 2010. However, the conservative side of the analyst notes that the enterprise value of ~$6bn, means that SIRI is currently trading at trading ~12x 2010E EBITDA (one of the most expensive valuations in our coverage universe). Thus, the upside potential is limited unless a higher valuation multiple is applied. In the current economic environment, that is hard to justify. Bank wants to see[More...]

With Each Interest Rate Tick Higher, Another 'Green Shoot' Dies

Tue, 26 May 2009 16:17:00 GMT

With every major economy in the world attempting to solve this economic crisis with both loose monetary and fiscal policy, it was only a matter of time before the global credit markets would reach their limits.[More...]

Japanese Housewives Back In The Game?

Wed, 13 May 2009 21:40:08 GMT

I am sure all investors, analysts, and commentators have been tracking a wide range of indicators to gauge whether the shoots of green would continue to spark or whether it was merely a blip on the way down. Clearly, this has been and is a little more than a blip I think and for my own part, decisive evidence came today that things might have changed. I am of course talking about the Bloomberg report (also here) that Japanese housewives are once again making their presence felt in currency markets playing the carry wheel. Individual investors in Japan increased bets to the most in six months that the yen will weaken as the economy stabilizes, jumping back into a trade that was all but wiped out last[More...]

RBC Offers Opinion On Sirius XM’s First Quarter Results

Tue, 12 May 2009 00:58:32 GMT

RBC analyst David Bank has offered his opinion on Sirius XM Radio’s first quarter results. The analyst sees a mixed bag and is suspending his price target, but maintains a SECTOR PERFORM rating. According to Bank, “Sirius XM is on the right track, but the valuation is still fair, and OEM hurdles are brutal” He sees demonstration that Sirius XM is delivering on the promise of post-merger expense savings, but given valuations of other media companies, that SIRI is just too expensive, even in the context of potential growth.” Adding to that point Bank points out that weak auto trends will likely persist for a while and he has questions regarding the long-term growth in the retail channel. The analyst stated[More...]

Sham-tastic Bank Stress-Tests

Mon, 11 May 2009 14:31:00 GMT

Criticism of these stress tests run deep and wide, if you avoid the headlines and soundbites from MSM. The results appear to be little more than a PR stunt aimed at “restoring confidence” in the bad banks which is merely code or a euphemism to provide false assurances to the unwashed masses. First, the worst-case scenarios Treasury came up with were hardly “worst-case” at all, and so were not very stressful at all. Second, the bank regulators relied on the banks themselves to provide balance sheet details and one to two year projections, rather than do a thorough examination themselves. Third, the regulators allowed the bad banks to negotiate with them. In short, as Option Armageddon’s Rolfe Winkler observed, in “dealing with the devil,” the Fed was browbeat into providing bad banks much more generous terms[More...]

WSJ: Banks Won Concessions On Tests

Sun, 10 May 2009 01:36:38 GMT

As I stated in my previous piece, only in America do you get to negotiate with your regulator... on a test that "everyone passes" no less. "Look regulator, I don't believe you got it right - here is how we can make it better". It just seems to thrive in this market you have to close your eyes and live in a parallel universe of make believe. I think when the books are written about this entire era in 4-5 years you will see so much dirt exposed, but by then the "solution" of pumping up every asset class via magic hand waving and disingenuous information (leaked of course) will have "succeeded". And we'll all just chuckle as we look back - Banana Republic style. There are so many earlier injustices that have long been forgotten -[More...]

Government debt fears spook globe

Fri, 27 Nov 2009 20:47:00 GMT

Nov. 28--The danger of government debt defaults haunted financial markets yesterday as Dubai's woes focused minds on soaring budget deficits across the world.
The cost of insuring investors against the risk of countries failing to meet debt payments jumped in the wake of the Arab emirate's announcement that it can't meet its commitments to international investors.
So-called credit default swaps linked to sovereign debt issued by Abu Dhabi, Bahrain, Vietnam, Saudi Arabia and Greece saw the largest leaps over the past week, according to Bloomberg data.

: iStockAnalyst.com Symbols Feed

Daily Update: November 9, 2009

Tips On Picking The Right Small Business Banking Account

Radvision (NASDAQ: RVSN): Cisco Goes From A Friend To A Foe

The Clock Is Ticking On Micromet (MITI)

RBC Issues Note On Sirius XM

With Each Interest Rate Tick Higher, Another 'Green Shoot' Dies

Japanese Housewives Back In The Game?

RBC Offers Opinion On Sirius XM’s First Quarter Results

Sham-tastic Bank Stress-Tests

WSJ: Banks Won Concessions On Tests

Government debt fears spook globe

Optimistic H.J. Heinz Co. to ratchet up marketing

Financial advisers don't all follow the same rules

Evening Standard, London, market report column

Star Tribune, Minneapolis, Kara McGuire column: Paydirt: Financial advisers don't all follow the same rules

Usher in season with Banker's Holiday: Tickets on sale for Dec. 4 party

Scotts Valley signs on to clean energy pilot program

24 Chicago area banks sold

East West expands its reach

Richard Branson Eyes Citizens As Royal Bank of Scotland Reels

Regal Beloit to Present at the Morgan Stanley Industrials Unplugged Conference

Regal Beloit Reports Second Quarter Results

Regal Beloit Announces Third Quarter Dividend

Regal Beloit Corporation to Hold Second Quarter 2009 Earnings Conference Call on Tuesday, August 4, 2009

Regal Beloit Names Perino Vice President, Investor Relations

Regal Beloit Corporation Completes Common Stock Offering, Announces Exercise of Underwriter's Over-allotment Option

Regal Beloit Corporation Announces Pricing of Common Stock Offering

Regal Beloit Corporation Announces Common Stock Offering

Regal Beloit Reports First Quarter Results

Regal Beloit Announces Second Quarter Dividend

Form 4 REGAL BELOIT CORP For: Nov 16 Filed by: KNUEPPEL HENRY W (10K)

Form 4 REGAL BELOIT CORP For: Nov 04 Filed by: KASTEN G FREDERICK JR (10K)

Form 4 REGAL BELOIT CORP For: Nov 04 Filed by: FISCHER THOMAS J (10K)

Form 4 Jones Paul J For: Sep 11 (10K)

Form 4 REGAL BELOIT CORP For: Sep 11 Filed by: COLVIN TERRY R (10K)

Form 4 SACHDEV RAKESH For: May 08 (10K)

Form 4 STOELTING CURTIS W For: May 08 (10K)

Form 4/A STOELTING CURTIS W For: Nov 08 (10K)

Form 4/A STOELTING CURTIS W For: Jul 31 (10K)

Form 4 REGAL BELOIT CORP For: May 08 Filed by: KASTEN G FREDERICK JR (10K)