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Friday, April 16, 2010

Breaking News: SEC Charges Goldman Sachs with Fraud on Subprime Mortgages, Says Goldman Misstated, Omitted Key Facts (story developing) GS down 10 % /Goldman Sachs Group, Inc. (Public, NYSE:GS)

Breaking News: SEC Charges Goldman Sachs with Fraud on Subprime Mortgages, Says Goldman Misstated, Omitted Key Facts (story developing) SEC charges Goldman Sachs with civil fraud in structuring and marketing of CDOs tied to subprime mortgages.and one of its vice presidents for defrauding investors by misstating and omitting key facts about a financial product related to subprime mortgages. The SEC alleges that Goldman Sachs structured and marketed a collateralized debt obligation that hinged on the performance of subprime residential mortgage-backed securities. However, it failed to disclose the role that a major hedge fund, Paulson & Co., played in the portfolio selection process as well as the fact that the hedge fund had taken a short position against the CDO. "Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party," said Robert Khuzami, director of the division of enforcement, in a statement.
Goldman Sachs Group, Inc.
(Public, NYSE:GS)

Thursday, April 15, 2010

Jim Cramer Buy List ...

Buy:

Carrizo Oil & Gas (CRZO)
Baltic Trading (BALT)
Intel (INTC)
Hewlett-Packard (HPQ)
SanDisk (SNDK)
Western Digital (WDC)
Apple (AAPL)
Scotts Miracle-Gro (SMG)
Advanced Micro Devices (AMD)
Anadarko Petroleum (APC)
Costco (COST)
Imax (IMAX)
ARM Holdings (ARMH)
Yahoo! (YHOO)
Exelon (EXC)
Murphy Oil (MUR)

Sell:
Merck (MRK)

Tuesday, April 13, 2010

Twitter will make money by advertisements ?

Twitter set to make money through advertisements


Best BUY Co., Inc.
BBY.N
$44.76
-0.33-0.73%
1:40pm GMT

Starbucks Corporation
SBUX.O
$24.36
-0.13-0.53%
1:40pm GMT

* Co. to unveil "Promoted Tweets"

Stocks | Media | Cyclical Consumer Goods | Technology

* New ad programme targets 2-10 pct of users

* Starbucks, Best Buy will run ads -- NY Times

(Adds analyst comments)

April 13 (Reuters) - Popular microblogging site Twitter is all set to unveil its advertisement model on Tuesday, which would mark its first step towards allaying concerns about its revenue generating potential.

The advertising programme known as "Promoted Tweets" will be rolled out to two to 10 percent of users via search on Twitter.com beginning Tuesday, company spokesperson Sean Garrett told Reuters.

Promoted Tweets are ordinary tweets that businesses and organizations want to highlight to a wider group of users, Garrett said.

"Users will start to see tweets promoted by our partner advertisers called out at the top of some Twitter.com search results pages," he added.

Several companies will run ads, including Best Buy (BBY.N), Virgin America and Starbucks (SBUX.O), the New York Times said on its website.

The 2-1/2-year-old Internet start-up's short text messages or "tweets" have become a global social phenomenon and the service is used by millions of people every day.

"Twitter has great potential as a marketing and advertising channel with opportunities to create viral buzz around a product or service," said Eden Zoller, analyst at technology research firm Ovum.

"The flip side of Twitter's immediacy is that if advertising messages are not very carefully positioned users can hit back at brands and in real time, and brands will have little control over this."

Twitter, a privately held company, does not report earnings, but its website says: "While our business model is in a research phase, we spend more money than we make." (Reporting by Shrutika Verma in Bangalore, Alexei Oreskovic in San Francisco and Georgina Prodhan in London; editing by Simon Jessop)

Monday, April 12, 2010

10 Small-Cap Funds going higher in 2010


10 Small-Cap Funds Surging in 2010

Heartland is one of those fund companies that quietly chalks up good results without much fanfare. The Milwaukee-based company, led by managers like Bill Nasgovitz, searches for stocks that are out of favor, lightly covered by analysts and trade at deep discounts. It’s a strategy that has worked well for the firm over the long haul.

That is evidenced by the $1 billion (assets) Heartland Value Plus fund (HRVIX). The fund stayed in the top 2% of its Morningstar category during the trailing three- and five-year time periods, and, over the last decade, it has averaged an annual return of 11%. All the while, it has kept turnover relatively low and taxes to a minimum.

The Heartland fund made the cut this week on a list we compiled of top-performing small-cap funds. Morningstar tracks 2,092 small-cap funds and share classes. We narrowed that universe by looking for funds that had performance track records over the trailing three- and five-year time periods that put them in the top third of their peer group. In addition, we looked for funds that didn’t levy a sales load and charged decent annual fees, or less than 1.5%. We were eventually left with 10 funds.

Back in February, we first called attention to the early 2010 returns of this category by highlighting small-cap value funds. Since then, the group has continued to do well. According to Morningstar, the average small-cap fund is up 11% this year. Only consumer discretionary, real estate and financial-sector funds have performed better in 2010.
Still, it’s important to note the risks with small caps — stocks we define as having market caps below $2 billion. Trading in these stocks can be volatile, and, as investors go down the market-cap spectrum, the stocks also become vulnerable to manipulation as liquidity issues pop up. Small companies can also have trouble getting access to capital to help them grow. When that funding disappears so, too, does the support for the stock price.

Of course, every company starts out as a small firm. Investors follow these stocks because they think they may stumble across the next Google (GOOG: 572.73, +6.51, +1.14%) or Microsoft (MSFT: 30.32, -0.02, -0.06%). Small caps can be acquisition targets for larger competitors, allowing shareholders to realize sizable gains when the deal is done at a premium. In addition, traditional value investors will say research shows that small caps and stocks trading at a discount offer the best returns over the long term.

We would suggest using several criteria when picking a fund in this space. Ideally, you want a fund that has a proven, long-term track record of picking out good small-company stocks. Although there is no strong correlation between returns and manager tenure, we would also suggest looking for fund managers who have been investing in small caps for many years, as their extended time on the job may help you sleep easier at night.

The criteria: The funds on our list are part of Morningstar’s “small” equity box category. They are open to new money, require a minimum investment under $5,000 and charge an annual expense ratio less than 1.5%. In addition, they had track records over the trailing three- and five-year time periods that put them in the top 33% of their peer group. As usual, we did not include funds that charge a sales load.
Small-Cap Funds on a Run


















































































Boots & Coots up on Halliburton bid , (WELL), will be bought by ( HAL ) Halliburton

Boots & Coots up on Halliburton bid

(WEL 2.97, +0.62, +26.38%) rose 22% in premarket trade after Halliburton /quotes/comstock/13*!hal/quotes/nls/hal (HAL 31.57, -0.09, -0.28%) said it will buy the firm for $3 a share, or $1.73 in cash and the rest in Halliburton stock.



Monday, April 5, 2010

Dow 11,000 ??

U.S. stocks up at the start on jobs data

Alert Email Print Share By Kate Gibson
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NEW YORK (MarketWatch) -- U.S. stocks opened slightly ahead on Monday after a jobs report that heightened expectations of an economic rebound. The Labor Department on Friday said employers hired 162,000 workers in March. The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (INDU 10,964, +37.26, +0.34%) rose 3.93 points to 10,931. The S&P 500 Index /quotes/comstock/21z!i1:in\x (SPX 1,185, +6.55, +0.56%) climbed 1.26 points to 1,179.36. The Nasdaq Composite Index /quotes/comstock/10y!i:comp (COMP 2,422, +19.45, +0.81%) gained 2.32 points to 2,404.9.

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