*Dollar sets 13- month high, euro struggles. LONDON, Aug 27- Copper fell on Wednesday as a firm dollar and the prospect of increasing supply of the metal offset growing confidence in U.S. economic growth.» Read More
Well, our contest "stock report" has some interesting news. One of the best performers was a stock (FWLT) that celeb/actor Stephen Collins had on his list--and one that put him in the lead of Trading With The Stars (more on that in another post). In fact, it was the best of the best performers. And one pick that made the most actives, was one recommended yesterday by guest blogger Timothy Sykes--SIX. Here you go...
Stocks are searching for direction at lower levels ahead of the Fed's meeting today. The Fed is not expected to move on rates but its comment will be watched carefully.
As we posted earlier, Alcan is one of the best performing stocks in the contest from the latest stats we've collected. CNBC's David Faber had a video report today on the hostile takeover deal for Alcan that Alcoa is trying to engineer. Evidently, this has been a two year "courtship" between the two companies. But any possible friendly deal was stopped last December by Alcan. And Faber says it's possible there could be more "suitors" for Alcan. Here's his report with some info on Alcan.
Alcoa said on Monday it would make a hostile bid for Canada's Alcan for nearly $27 billion, after talks between the rival aluminum producers failed to lead to a deal. If successful, the bid of $73.25 per share in cash and stock would create the world's largest aluminum producer. Alcan said it plans to consider the proposal.
Here's our latest contest "stock report." We talked earlier today about how Crocs put Serge Amelyan back into first place on the leaderboard. A very good earnings report put Serge, and others who owned Crocs, into the "stratosphere" so to speak. Meanwhile, a takeover report moved Reuters into the lead of best performing stocks. Also, BQI moved into the most active and widely held lists--on what could be an "active" day for the stock.
Hey folks--here's our update of the latest stats and figures. Remember--this Monday, the 7th at 9:30 am EST is the last time anyone can register for the contest. So tell your friends if they want to get in and you can get some Bonus Bucks. We'll start with the trivia. The video question is worth $2,000 Bonus Bucks: Gas prices have surged over the past month. How much have gas prices increased over the past month? Your selection of answer is: $0.37 or $0.10 or $0.50 or $0.30.
Here's a video news report from CNBC's Bob O'Brien on companies reporting earnings--and getting a boost. The ones "pointing up" in stock price are WY--up some 6% at one point. The other is ATK--up more than 2%. Again, these are not recommendations for your contest or personal portfolio.
The actors have been doing pretty well lately in Trading With The Stars, but the non-acting celebs are making a move--including Johnny Bench (so, his picture gets posted). Jonathan Tucker still holds first place on modest gains in Washington Grp and Starwood Hotels. Stephen Collins takes back 2nd place on gains in Emergency Medical Services up 10.13% Thursday. But poker champ Chris Moneymaker moves from 8th to 5th on a 2.73% gain in Gigamedia..
The first four celebs remain the same in Trading With The Stars--and all actors. Actor Jonathan Tucker maintains his vice grip on first place with gains in Starwood Hotels and Washington Grp. Actor James Cromwell holds onto second place, as fellow actors Stephen Collins remains in 3rd and Ernie Hudson in 4th. Meanwhile--another actor--Willie Garson muscles his way from 9th to 5th on an all-in trade on ACME Packet up 4.05% on Wednesday. Wow--either actors are great stock pickers are they're ALL getting great advice. That leaves a financial guru, comedienne, champion poker player, political guru and Hall of Famer--in that order.
Actor Jonathan Tucker holds the lead in Trading With The Stars--as Ernie Hudson falls to 4th place from 2nd on a 30% decline on I2 Technologies. Meanwhile, James Cromwell moves into second followed by Stephen Collins in third. Only $982 separates James and Stephen--and lower down in the rankings--only about $200 separate Chris Moneymaker and Judy Gold. Willie falls from 5th to 9th losing over $72K and falling under $1M in total portfolio value, taking a hit on his sale of Glatfelter--which fell almost 7% Tuesday.
Jonathan Tucker and Stephen Collins continue to hold the top 2 spots. Stephen added another $22K on big gains with Varian Semi Eqmt Assoc. which was up 22.79%. Neither made any transactions Friday besides adding $3,000 in bonus bucks each. Ernie Hudson jumped from #8 to #4 gaining $68,399.39 over Thursday's total mostly on the sale of Biadu.com Inc. which added $56,240.00. Meanwhile, Johnny Bench dropped from #7 back to the basement. Both of his holdings were down Friday for a loss of $32,242.72 or -3.08% on the day.
Alcoa, the world's largest aluminum company, said it may sell three of its businesses including its packaging unit, which makes Reynolds Wrap, sending shares of the world's largest aluminum company up more than 7%.
Arch Coal posted better-than-expected first-quarter profit despite a drop in coal prices that squeezed the miner's margins.
What's the latest on Trading With The Stars?? Actor Jonathan Tucker holds onto 1st place (and gets his picture posted again) because of Google's solid earnings and gains across almost all of his holdings. Meanwhile, Willie Garson fights his way back into third place on Brilliance China Auto, as Chris Moneymaker falls from 3rd to 5th place on a $60K loss on Tempur-Pedic.
Celeb comedienne Judy Gold needs help--she's in 7th place, down from 6th after once being in 2nd! (she prefers to remember that day). So, Judy made a visit to The Solaris Group and talked with managing partner Tim Ghriskey. (the firm may never be the same again). It seems she tried a new strategy--shedding tears in order to get the right picks. Here's the video of her day at Solaris.
Time to put back Jonathan Tucker's photo in the blog post as the actor has pushed out poker champion Chris Moneymaker from the top spot in Trading With The Stars. Jonathan is now followed by fellow actor Stephen Collins in 2nd. Moneymaker lost on Cubist Pharma which fell 7.46% Thursday. It's a close race between the top 3, with only....
World champ poker player Chris Moneymaker retains his lead in Trading With The Stars--though actor Willie Garson climbed back into second. Only about $10,000 separates the two. The balance between the two will hang on Monday's (today's) performance of Moneymaker's purchase of Rio Narcea Mines and Willie's buy of Mattel. AND Johnny Bench fought his way...
World champion poker player Chris Moneymaker is number one in Trading With The Stars! He knocks Willie Garson out of first place--taking the lead for the SECOND time in the competition. He was number one back on April 3rd. (thanks to producer Lori Spechler for pointing this out). BUT is it a "bluff?"--only $2,590.29 separates the two players. So, there could be more trading places in the days ahead. Here's a breakdown:
Willie Garson proves himself as a celeb to beat, and holds the lead for the 3rd straight day in Trading With The Stars. There was a "flip flop" (no politicians here) of sorts as actor Stephen Collins replaced champion poker player Chris Moneymaker in the second spot--and Chris is in third. All the other celebs are holding their previous places. Actor James Cromwell is showing...
Okay, here's a look at the stocks making the most waves from last Thursday to Monday's close. There are the usual suspects in the most actives and most widely held. But new names are showing up in the best and worst performing. Earnings boosted one stock, WDFC and helped put James Kraber into second place on the leaderboard, as we mentioned in our first post today.
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