With the backdrop of an industry-wide glut, ReneSola Ltd. (SOL) in the third quarter of 2011 incurred an adjusted loss per American Depositary Share (ADS) of 25 cents, missing the Zacks Consensus Estimate of a loss of 18 cents. The quarterly loss also was way below the year-ago quarterly earnings of 70 cents. Operational Results [...]
Why are Reverse Mergers Often the Victims of Short Sellers?
There is a great deal of abuse going on in the OTC Bulletin Board Market and a lot of money is being made as result of it. Regulators are trying to deal with the problem but are unable to put a halt to it, unless they [...]
Instant Stock News
Verizon Communications (VZ), the second largest U.S. phone company, declared its fourth quarter and fiscal 2010 earnings results before the opening bell. The company reported fourth quarter adjusted earnings of 54 cents per share missing the Zacks Consensus Estimate by a penny. Higher discounts on Verizon’s family and unlimited plans ahead of its iPhone debut [...]
(VZ) Verizon Communications Reports Fourth Quarter 2010 Earnings a Penny Short
There have been a few bright spots in the current selloff. Short (Inverse) ETF’s, which move in the opposite direction of the underlying index, bottomed in April and have been rising since. Volatility, Treasuries and the US Dollar have also been moving higher. The Dollar, however, is overbought as discussed in this previous post.
Proshares Short [...]
Charting Stocks
This week, in the section stock tips, is a technical stock tip published by stock broker company Aditya Birla Money.Aditya Birla Money has published in it’s stock tips a report on GAIL. According to this report, GAIL is well placed and is all set for next leg of up move with targets of higher levels.Pattern wise, GAIL has broken out of Bullish Inverted Head and Shoulder formation, it has been
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This is a stock investing tip to buy stocks of Dabur India for short term time frame. The target price could get achieved in one to two months. Dabur is one of the good FMCG stock as everyone knows. This tip is purely based on analytical indications.Dabur India touched it’s 52 week high recently at Rs 218.95. 52 week low was at Rs 121. Current EPS is Rs 4.87 and P/E stands at 41.37. Although P/E
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