Wall Street Breakfast: Must-Know News
R.R. Donnelley to buy Bowne. R.R. Donnelley & Sons (RRD) announced Tuesday evening that it will buy Bowne (BNE) for $11.50 per share in cash, or $481M total. Donnelley called Bowne an "exceptional fit" and said the deal should be accretive to earnings within the first twelve months of completion. The news sent Bowne's shares up nearly 64% in after hours trading. Along with the purchase, Donnelley also reported Q4 earnings ahead of schedule, with a net loss of $0.39 per share, compared to a loss of $3.35 per share the year before.
http://seekingalpha.com/article/190358-wall-street-breakfast-must-know-news?source=feed 2010-02-24 06:19:06 PST

T.A. update for the open, February 23, 2010.
Yi: +3.9A possible bottom here for: ENERTrying to bottom out: $VIX and QIDModerately oversold now: CSIQ, DELL, FSLRTrying to hold some rising trendline support: LPLAttempting to break above the 28 DMA here: GOOGNow trying to break above some falling trendline resistance: $BDI and MSCCAttempting to break above the 65 day: $NYA50R, BMY, NST, RJIModerately overbought now: $CRB, $WTIC, ACAS, CSCO, DVY, FCX, IWMOverbought: IDA and PLLToppy here: A, CAT, CHK, CLF, GIS, IDA, IWM, PBY, PGA possible top here for: CREEA break out in either direction is o
http://signalsandopinions.blogspot.com/2010/02/ta-update-for-open-february-23-2010.html 2010-02-23 08:22:00 PST

Wall Street Breakfast: Must-Know News
Health insurers relieved over Obama proposal. Obama unveiled his healthcare proposal, which includes a Medicare tax on capital gains and would cost $950B over 10 years. The proposal could put pressure on health insurers but those with significant Medicare plans, including Humana (HUM) and UnitedHealth (UNH), actually gained in yesterday's trading following a better-than-expected decision on government payment rates for private Medicare plans. If approved, the legislation could also put pressure on makers of generic and brand-name drugs, whil
http://seekingalpha.com/article/190106-wall-street-breakfast-must-know-news?source=feed 2010-02-23 06:10:28 PST

T.A. update for the open, February 10, 2010.
Yi: +1.95A possible bottom here for: $GOLD, ACH, AVAV, B, EEFT, FRONow attempting to bottom out in this general area: $DJW, AVP, CTB, EWI, GF, GMRExtremely oversold: ENEROversold: $NYA50R and BACModerately oversold: $GASO, $PLAT, GEAttempting to hold the 65 DMA here: ACAS and EWJAttempting to break above the 28 day: ATrying to break above some falling trendline resistance: $DJX, $IIX, $OEX, AAPL, AEM, ASA, BMY, COGO, DDM, DVY, ELY, FCX, FSLR, FUQI, FXI, IWM, IYY, LDKModerately overbought: KFTMore later. Anything posted here may be off base.
http://signalsandopinions.blogspot.com/2010/02/ta-update-for-open-february-10-2010.html 2010-02-10 08:29:00 PST

T.A. update for the open, February 9, 2010.
+1.3A possible bottom here for: MOTTrying to bottom out in this general area: $BDI, $CRB, $IIX, $WTIC, BGS, EEFT, FRO, MFE, PEG, PGM, PHIOversold: $CRB, B, GFModerately oversold: ACAS, ARM, IYY, KO, MKC, MSCC, NM, PEPTrying to hold some rising trendline support: DVYAttempting to hold the 65 DMA here: $PLAT, CSL, GISAttempting to hold the 28 day: PGTrying to hold falling trendline support: BMY, CAT, CSIQTrying to break above falling trendline resistance: $SOX, ABX, AMAT, DELL, EGO, GDX, KGC, LPL, NTESA possible top here for: $USDMore later. Anyt
http://signalsandopinions.blogspot.com/2010/02/ta-update-for-open-february-9-2010.html 2010-02-09 08:24:00 PST

American Capital: Caveat Emptor
Nicholas Marshi submits:What is going on at American Capital (ACAS)? We have to admit to being confused by the latest developments . Just when it seemed like the former BDC behemoth was about to finally close its debt with its lenders, the deadline has been pushed off till March 15, 2010. Still left open is the possibility that ACAS will file a prepackaged bankruptcy so that the Company can go quickly in and out of the courts. (See Reuters article here.) At the same time, ACAS is asking shareholders for the right to issue up to 58mn more share
http://seekingalpha.com/article/185975-american-capital-caveat-emptor?source=feed 2010-02-02 06:24:41 PST

American Capital: Restructuring Almost Completed
Nicholas Marshi submits:Back in November 2009 American Capital (ACAS) suggested a deal with its lenders and senior note holders was almost completed. Admittedly, the terms of the package were very, very expensive and required a repayment schedule which might or might not out to be a problem. Certainly shareholders had little to crow about except that there was a path out of the uncertainty that has plagued American Capital all through 2009. Then we heard nothing for weeks. Then, last Friday ACAS filed an 8-K with the SEC reporting that the dea
http://seekingalpha.com/article/183358-american-capital-restructuring-almost-completed?source=feed 2010-01-20 04:56:30 PST

Update for January 15, 2010.
Yi: +6.125A probable bottom here for the: $VIXModerately oversold: FSLR, PTR, SPWRA, SUN, T, YGETrying to hold some rising trendline support: $DJX, $HGX, $IIX, $SOX, DDM, DVY, IDA, KGC, OCR, RGLD, RJI, SCHB, SKS, SSO, USDAttempting to hold the 65 DMA here: $XOI, TOT, UGAAttempting to hold the 28 day: ROKNow up against rising trendline resistance: $OEX, $PLAT, $SPXAttempting to break above the 28 DMA here: AVPAttempting to break above the 65 day: EEFT and MFEModerately overbought now: GPC, NST, PEP, WSOOverbought: ACAS and AVAVToppy here: ACAS,
http://signalsandopinions.blogspot.com/2010/01/update-for-january-15-2010.html 2010-01-15 14:42:00 PST

BDC Stocks Down, American Capital Up: Why?
Nicholas Marshi submits:As a post this is going to be short on length and conclusions. We have a long standing position in American Capital (ACAS) (sadly with a relatively average cost) so we follow the vagaries of the company's stock price. Just a few days ago ACAS was around $2.5. In fact, the lowest point was $2.4 on New Year's Eve. Since then the stock has been up every day. Yesterday it was up to $3.3, on a day when virtually all the other BDCs were in the red. What's happening here ?We have two theories:Complete Story »
http://seekingalpha.com/article/182263-bdc-stocks-down-american-capital-up-why?source=feed 2010-01-13 05:41:26 PST

T.A. update for the open, January 12, 2010.
Yi: +6.1Now trying to bottom out: EXPExtremely oversold here: $VIXOversold: AVPTrying to hold some rising trendline support: GISAttempting to hold the 65 DMA here: BPZAttempting to hold the 28 day: $USDNow up against rising trendline resistance: B, IWM, MKCNow trying to break above some falling trendline resistance: ACAS, KGC, KOAttempting to break above the 65 DMA here: AEMModeratelay overbought now: $XAU, ABX, ACAS, ACF, ASA, DDM, EWI, GLDOverbought: ACH, CLF, HCBK, LENToppy here: MBIA possible top here for: $OEX, $SPX, IYYMore later. Anythin
http://signalsandopinions.blogspot.com/2010/01/ta-update-for-open-january-12-2010.html 2010-01-12 08:22:00 PST