USEC Options Alert… Obama-Nuclear Stock (USU)
There has been some increased trading activity in the stock of USEC Inc. (NYSE: USU). This is based upon more belief that the loan guarantee denied last Summer may be back on because the Obama administration has talked about adding nuclear power and more loan guarantees tripling to possibly $54 billion in the 2011 budget [...]
Yucheng Shows How Dire Chinese Bank Situation Is (YTEC)
Yucheng Technologies Limited (NASDAQ: YTEC) is getting killed after the IT-solutions provider for Chinese banks reported earnings. The company’s guidance for 2010 is awful as a direct play on Chinese bank spending post-cuts that have now been mandated. The company is offering some clarity over the Chinese loan-halt situation: “We believe that the prospective reserve [...]
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