Stocks, stuck in their own zigzag pattern, remain vulnerable to the whims of unusually volatile currency markets in the week ahead.» Read More
Shares of Scholastic surged Monday after the publisher of the "Harry Potter" series and educational texts announced a share buyback plan which could add about 8 percent to fiscal 2008 earnings per share.
Mark from Texas wants to know about Posco (PKX), the world's third-largest steelmaker. He wonders why PKX appears to trade at a discount to its peers in the sector?
Hey folks. We have a guest blogger today--Jeff Mishlove. You may have seen him on the "How To Win" program on the contest, giving his picks, which have turned up some pretty good ones (Jo-Ann Stores for example). I asked Jeff to write down a few thoughts and he came up with what follows. He talks about his strategy--the "short squeeze" and how it works. Pretty good reading if you ask me.
Okay folks, here's a look at the stocks that you are trading and the ones that are paying off--and the one's that aren't. The info is from Thursday's close. Some of the "usual suspects" are still on the lists but COMS seems to be a new player in the most active. PALM is one of the most active, but as you can see--not paying off that well. ARXT is making investors happy. Widely helds are pretty much what they have been lately. And FYI: Contest registrations to date: 415,962.
Shares of Scholastic fell sharply after the publisher reported a smaller quarterly loss as the performance of its children's book division improved, but cut its full-year profit outlook to below Wall Street expectations.
Here's one more segment from Friday night's "How To Win" program on CNBC. We hear from a couple of the bloggers--the stock pick bloggers who are giving advice--and are actually playing to win the contest. John Carney is editor at dealbreaker.com and Jeff Mishlove is from Forecastingsystems.com and wrote a "how to" manual on the contest itself.
As The Stomach Turns: Ah, the pressure of producing breaking news. I’ve done it enough times, yet I always find the monthly Philadelphia Fed report nerve wracking...
Earlier this week, Scholastic, the U.S. publisher of the Harry Potter books, reported earnings and confirmed guidance for 2007 of $1.55 to $1.85 a share. Those numbers could change depending on when the final Potter book is released.