SIRIUS Keeps Growing (SIRI)
SIRIUS XM Radio Inc. (NASDAQ: SIRI) is up big on active trading after announcing that its Q1 subscriber growth was 171,441 net subscribers. That compares to a decline of 404,422 in the first quarter of 2009. The satellite radio monopoly now has 18,944,199 subscribers, up 344,765 over the year ago quarter. The company also noted [...]
Potash Players Hit by Goldman (POT, MOS)
Goldman Sachs decided that potash and fertilizer is valued richly enough for now. The bulge bracket brokerage firm downgraded Mosaic Co. (NYSE: MOS) to Neutral from Buy and downgraded Potash Corp. of Saskatchewan (NYSE: POT) to Neutral from its Conviction Buy List at Goldman Sachs. Mosaic is down 2% at $55.62 on 35,000 shares and [...]
Banks Chasing JPMorgan (JPM, BAC, C)
J.P. Morgan Chase & Co. (NYSE: JPM) is showing that things are continuing to improve in earnings and credit metrics. That is what $3.3 billion in earnings does, or earnings $0.74 EPS vs. $0.64 estimates. Dimon talked up credit and punted the dividend down the road as he said regulators would not likely allow a [...]
Chips Beating and Challening 52-Week Highs (INTC, LLTC, SMH, AMD)
Chip stocks are almost all trading higher this morning after Intel Corporation (NASDAQ: INTC) and Linear Technology Corp. (NASDAQ: LLTC) beat earnings and gave upbeat outlooks. LLTC is up 3.5% at $30.69 on 40,000 shares, versus a 52-week range of $20.26 to $31.21. Intel is up 4.7% at $23.85 above yesterday’s $22.82 high of the [...]
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