Tag: firm

Bottomline Technologies (NASDAQ:EPAY) Shares Soar on Strongest Orders in History of Company

Shares of Bottomline Technologies (NASDAQ:EPAY) were up over 12 percent on the day, as they came of their best quarter for orders in the history of the company. Needham says, “Bottomline posted by far the strongest orders quarter in the firm’s history, which is indicative of the strategic value that Bottomline provides its financial institution customers. Additionally, Q2’s robust orders

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Citigroup (NYSE:C) Drops Freeport (NYSE:FCX) from "Top Picks Live" List

Citigroup (NYSE:C) cut Freeport-McMoRan (NYSE:FCX) from its “Top Picks Live” list, citing recent valuation. Increase in copper and gold prices has pushed the stock up to levels that Citigroup seems to think are unsustainable, as the share price of Freeport drop in response. Even so, Citi is maintaining a “Buy” on the firm, saying “the company’s growth prospects, discounted valuation relative

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Whitney Makes a Bearish Call on the States

Filed in Debt, earnings, Gold, GOld juniors by on September 29, 2010 0 Comments
Whitney Makes a Bearish Call on the States

When this one blows up, don’t let anybody tell you that they didn’t see it coming. It’s as obvious as the housing bubble that started it all. From CNBC by Jeff Cox entitled: States Are Poised to Be Next Credit Crisis for US: Whitney “ Crippling debts and deficits are about to make individual states the next casualty of the credit crisis, analyst Meredith Whitney told CNBC. Speaking as her firm, Meredith Whitney Advisory Group, just released a lengthy report on the state of the states, the noted financial analyst compared the looming explosion to the collapse of the financial system in 2008 and 2009. “The similarities between the states and the banks are extreme to the extent that states have been spending dramatically and are leveraged dramatically,” she said. “Municipal debt has doubled since 2000, spending has grown way faster than revenues.” Whitney also offered another warning about banks, saying a sharp dropoff in trading revenue and a double-dip in housing would hammer at fourth-quarter earnings. But she reserved her harshest words for the states. She said the paper released Tuesday was the culmination of two years’ work by her firm and was made even more difficult by the lack of reliable data on state spending and debt. “It reminded me so much of the banks pre-crisis that we just kept working at it,” she said. “We couldn’t find anything that gave us a clear story, we couldn’t find any information that was transparent. So we did it ourselves.” But that is only part of the story in Whitney’s overall forecast. To get the details of the call, Whitney appeared this morning on the floor in an interview with Maria Bartiromo. In it she also makes a bearish call on the banks…. By the way , according to a report released by the PEW Center in February, there is a now $1 trillion dollar gap between what states have promised their workers and what they’ve actually set aside to pay those bills. Behind the spin, States have set aside only $2.35 trillion of the $3.35 trillion they’ve promised their current and retired workers in pension, health care, and other retirement benefits. Want to know how your state stacks up?… You can read the full PEW Report click here. Related Articles: The $1 Trillion Pension Gap California’s $500 Billion Hole The Brewing Pension Funding Crisis Public Pension Funds Head to Vegas Chanos: The “cracking of state and local municipalities is coming” The Pension Gap To learn more about Wealth Daily click here. Advertisement The Options Guide Your Broker Doesn’t Want You to See… Most people think profiting from options requires years of investment experience or a seasoned stock broker. That’s why people are losing thousands of dollars everyday. Our in-house options expert Ian Cooper has put together a FREE guide detailing an options strategy that’s so easy, he’s calling them “automatic options.” Click here now to gain access to your FREE options trading guide. Whitney Makes a Bearish Call on the States originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.

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$2,500 Gold Could Easily Result in $178.50 Silver – Here’s Why!

Filed in Gold, Gold Investing, Gold Prices, silver by on September 19, 2010 0 Comments

More than 95 respected economists, academics, analysts and market commentators are of the firm opinion that gold will go to $2,500 and beyond before the parabolic peak is reached. In fact, the majority (55) think a price of $5,000 or more -even as high as $15,000 – is actually more likely! As such, just imagine what is in store for silver given its historical price relationship with gold! Words: 1283

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WSJ625Commodities ReportFor Gold Investors Who Want It To Go …

Filed in Bank Gold, Gold, Indonesian Gold, shares, spdr, SPDR Gold Shares by on June 24, 2010 0 Comments

The council already runs the largest gold exchange-traded fund, SPDR Gold Shares, which is backed by bullion but doesn’t let average investors take physical possession of their share. Another firm, Gold Bullion International, …

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LGL Group Initiated at Outperform – Analyst Blog

Filed in earnings, economy, lead, recession, silver, ubs by on June 1, 2010 0 Comments

Initiating with an Outperform Rating on LGL Group LGL Group ( LGL ), through its subsidiaries manufactures custom-designed highly engineered electronic components. Beyond its blue-chip customer base, the firm has significant opportunity for growth in specialty products in the military instrumentation and space avionics market (MISA) as well as high growth emerging areas such as India and China. Further, the firm’s long-term goals include plans to diversify away from strictly selling components and to be included higher in the value chain through strategic partnerships. We feel the stock will outperform the overall market and have set a six-month price target of $15.00. LGL trades at a reasonable valuation of 19.5x our 2010 estimated earnings per share. We feel LGL presents a unique investment opportunity based on the fact that LGL has a solid blue-chip customer portfolio, a high-growth potential segment in MISA, and a strategic plan for higher margins (value chain). The firm emerged from the economic downturn with a significantly lowered cost structure and should continue to ride the momentum of Military Instrumentation, Space and Avionics segment or MISA. The MISA segment should lead the global economy out of the recession and will do so with higher margins.  LGL competes in the specialized

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Statement: War Crimes Expert Joines Investigation of Bangkok Deaths

Filed in Gold Investing, silver by on May 30, 2010 0 Comments

The following is the latest press release on our firm’s work in Thailand. WAR CRIMES EXPERT JOINS INVESTIGATION OF BANGKOK DEATHS BANGKOK, May 31, 2010: International war crimes expert Professor GJ Alexander Knoops has joined the internatio…

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iSuppli Sees Big Growth In German Solar Installations This Year & Next

Filed in Gold Investing, lead, silver by on May 20, 2010 0 Comments

Street Insider was out with a research note from iSuppli today forecasting big growth in solar leader Germany ahead of the feed-in-tariff reduction in July which will have companies scrambling to complete installations. That’s not too much of a surprise, but the firm also sees significant growth after the tariff reduction, particularly in rooftop solar

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Scotts Miracle Gro Earnings Bring Good News for Investors

Filed in Gold Investing, Gold Prices, silver by on May 9, 2010 0 Comments

The following article is courtesy of The Moneygardener, author on Seeking Alpha. Scotts Miracle Gro (NYSE:SMG) is a company which dominates its industry probably more than any other firm that I can think of. I don’t post much about the stock, which makes up a very small percentage

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Wall Street Manna: Criminal silver and gold market manipulation …

Filed in African Gold, Bank Gold, Gold, Indonesian Gold, New Gold by on May 9, 2010 0 Comments

In 2003 Graham Tucker, chairman of Gold Bullion Securities, made a presentation to the annual LBMA precious metals conference about his firm’s new gold-backed ETF that today trades on the American Stock Exchange under the ticker symbol …

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Akzo Nobel CEO takes hard line after cartel fines

Filed in ceo, euro, Gold Holdings by on April 28, 2010 0 Comments

AMSTERDAM, April 28 – Dutch chemical group Akzo Nobel’s chief executive took a hard line on Wednesday after recent European Commission cartel fines imposed on the firm, stressing that such practices were no longer acceptable. Akzo Nobel was fined Akzo Nobel CEO takes hard line after cartel fines

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2010-04-12 00:05 UPDATE 1-BHP halts Australia nickel operation after death

Filed in Gold Holdings by on April 11, 2010 0 Comments

SYDNEY, April 12 – Global miner BHP Billiton has suspended operations at part of its Nickel West mining complex in west Australia after a miner died in an accident there at the weekend, the firm said on Monday. “Details of the accident are still be 2010-04-12 00:05 UPDATE 1-BHP halts Australia nickel operation after death

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