Following his attendance at the iPad launch last week, Canaccord Genuity technology analyst Michael Walkley reiterated his BUY rating on Apple (AAPL) and raised his price target to $710 from $665. Mr. Walkley said: “Since we attended the iPad launch last week, our checks have indicated record pre-orders with wait times [...]

pubblicato il: 14/03/2012 - 15:21

The more things change the more they remain the same! This month we celebrate the 35th anniversary of The Prudent Speculator, complete with 10 undervalued stock picks.

pubblicato il: 14/03/2012 - 14:56

Greg Smith's resignation letter to Goldman Sachs in this morning's New York Times is going to strike a lot of people as pure theater. And, in a sense, it is. His tactic is straight out of Mad Men. Don Draper wrote a similarly high profile, stand-taking letter, "Why I'm Quitting [...]

pubblicato il: 14/03/2012 - 14:38

J is for Job Search Expenses. Despite recent news that seems to hint that the job market might be recovering, many Americans are still out of work. The prospects, however, of finding a job seem a little brighter as the U.S. continues to add jobs. If you're one of those still [...]

pubblicato il: 14/03/2012 - 14:23

Futures on the Dow Jones Industrial Average (DJIA) are pointing toward a flat open this morning, as Wall Street digests yesterday's surge to fresh multi-year highs. Not only did the Dow eclipse 13,000, but the Nasdaq Composite finished north of 3,000 for the first time in 11 years. [...]

pubblicato il: 14/03/2012 - 14:03

Image by AFP via @daylife Greg Smith, an executive director at Goldman Sachs and one of the heads of its equity derivatives business, has written a devastating blast at the company in today's New York Times, charging that it has lost all integrity and doesn't serve its customers, with a note [...]

pubblicato il: 14/03/2012 - 13:44

Image by AFP via @daylife Goldman Sachs (GS) is not the only Wall Street firm to make people unhappy. But it now has the distinction of being the only one I know of with a partner willing to publish an angry resignation letter as a New York Times op-ed. The substance of that letter suggests that Goldman clients should [...]

pubblicato il: 14/03/2012 - 13:33

Xin Wang, Sohu.com's chief operating officer and co-president, has a great track record for timing her buying and selling of her company's stock. Last week she peeled off $2,966,050 and bought 60,000 shares of the Beijing-based Web portal at an average price of $49.43.

pubblicato il: 14/03/2012 - 02:30

Mark Cuban: Hoping for change. Mark Cuban wrote a nifty little blog post today on the Yahoo patent infringement lawsuit against Facebook that is almost certain to be taken the wrong way by casual readers. But make no mistake: there is a serious message that he is trying to deliver about [...]

pubblicato il: 14/03/2012 - 00:34

When people buy shares of Apple, they are really investing in two companies: the greatest technology venture in the world and a very low-yielding money market fund. Why not return the cash and let investors decide if they want to buy short-term Treasuries with it?

pubblicato il: 14/03/2012 - 00:11