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  • April 17, 2008

US stocks finished mixed with little change from yesterday, as the market was largely unfazed by Merrill Lynch’s (NYSE: MER) losses and Pfizer’s (NYSE: PFE) disappointing quarterly earnings. Read More

  • April 16, 2008

US stocks built solidly on yesterday’s gains, as Intel (NASDAQ: INTC) and J.P. Morgan Chase (NYSE: JPM) reported quarterly earnings that topped many analysts’ forecasts and buoyed investor sentiment. Read More

  • April 15, 2008

Macquarie Infrastructure Group (Australia: MIG, OTC: MCQRF) has been generating a lot of questions today because if you purchased your shares via the OTC market, most services are reporting a price of 4 cents. Shares in the Australian market are gaining ground today, up not quite 0.3 percent from yesterday’s close of US$2.40, and there has been no substantial news, so there’s nothing to explain its precipitous drop in price. Read More

  • April 15, 2008

US stocks rallied today after a handful of regional banks, including M&T Bancorp (NYSE: MTB) and Income Portfolio member Regions Financial (NYSE: RF), reported quarterly earnings that exceeded many analysts’ expectations. These figures were boosted in part by significant gains from the banks' cut of Visa's (NYSE: V) initial public offering. Read More

  • April 14, 2008

You find out what people really think, what they’re all about, when times get tough. That seems to be validated by our recent experience with management teams and the choices they’ve made in dealing with shareholders. They’ve headed down paths that don’t serve our best interests. Read More

  • April 14, 2008

US stocks ended down after flitting in and out of the green earlier in the day. Still coping with the implications of General Electric’s (NYSE: GE) disappointing quarterly numbers, investors grew even more unsettled when Wachovia (NYSE: WB), the nation’s fourth-largest bank, posted its first quarterly loss since 2001 and announced plans to boost capital by cutting its dividend and selling $7 billion in stock. Read More

  • April 11, 2008

US stocks plummeted today after General Electric (NYSE: GE) shocked investors by reporting that its first-quarter net profit declined by 6 percent. This unexpected announcement, coupled with news that consumer confidence dropped to its lowest level in 26 years, was enough to send the three major stock indexes into the red. Read More

  • April 10, 2008

The recent selloff of Otelco’s (AMEX: OTT) income deposit securities (IDS), a stock and bond combination, is not the result of any current or pending material change in the companies financial or business condition. Read More

  • April 10, 2008

Thornburg Mortgage’s (NYSE: TMA) recapitalization includes the private placement of debt. The arrangement includes warrants, or options, that give holders the right to purchase Thornburg common shares for a penny per. If the warrants are exercised, current shareholders would hold approximately 5.5 percent of the company, a significant dilution. The deal requires shareholder approval. Read More

  • April 10, 2008

US stocks posted solid gains today, energized by news of heightened sales at discount retailer Wal-Mart Stores (NYSE: WMT) and reports that quarterly earnings at Cisco Systems (NYSE: CSCO) may eclipse analysts’ predictions. Read More