Watch List : American International Group (NYSE:AIG), GT Advanced Technologies (NASDAQ:GTAT), Hooker Furniture (NASDAQ:HOFT), ChipMOS TECHNOLOGIES (NASDAQ:IMOS), MDC

Treasury Secretary Timothy Geithner on Tuesday defended the government’s rescue of American International Group Inc in September 2008, saying the action was necessary to prevent the country from plunging into a possible second Great Depression. Geithner’s comments came in testimony he provided in the trial of a lawsuit brought by Hank Greenberg, AIG’s top executive…

Read More

Morning Buzz : Cisco Systems, Inc. (NASDAQ:CSCO), American International Group, Inc. (NYSE:AIG), The Priceline Group Inc. (NASDAQ:PCLN), Mitek Systems, Inc. (NASDAQ:MITK), First Community Bancshares, Inc. (NASDAQ:FCBC),

Cisco Systems, Inc. (NASDAQ:CSCO) CEO John Chambers shot down rumors Wednesday that his company was a possible buyer of computer storage company EMC. Cisco Systems, Inc. (NASDAQ:CSCO) belongs to Technology sector. Its net profit margin is 16.70% and weekly performance is -0.79%. On last trading day company shares ended up $25.00. Cisco Systems, Inc. (NASDAQ:CSCO)…

Read More

Top News: Twitter, Inc. (NYSE:TWTR), American International Group, Inc. (NYSE:AIG), Richardson Electronics Ltd. (NASDAQ:RELL), Monolithic Power Systems Inc. (NASDAQ:MPWR), Senomyx Inc. (NASDAQ:SNMX),

Peter Thiel, billionaire venture capitalist and hedge-fund manager, is apparently not very impressed by Twitter Inc.’s (NYSE:TWTR) management and is not afraid to share his feelings in an extremely colorful language. When asked if he is bullish on a company like Twitter Inc (NYSE:TWTR), he had this to say: “Twitter is hard to evaluate. They…

Read More

Big Movers : Baidu Inc (ADR) (NASDAQ:BIDU), American International Group (NYSE:AIG), Williams-Sonoma Inc. (NYSE:WSM), Liberty Tax (NASDAQ:TAX), Tenneco Inc. (NYSE:TEN)

Chinese Internet search giant Baidu Inc (ADR) (NASDAQ:BIDU) announced late Tuesday the appointment of Ya-Qin Zhang as president, in charge of new business, effective immediately. Zhang will report to Robin Li, Baidu’s chairman and chief executive officer. Baidu Inc (ADR) (NASDAQ:BIDU) belongs to Technology sector. Its net profit margin is 29.70% and weekly performance is…

Read More

5 Stocks Under Wall Street’s Radar : Vodafone (ADR) (NASDAQ:VOD), American International. (NYSE:AIG), CASI Pharmaceuticals, Inc. (NASDAQ:CASI), KMG Chemicals Inc. (NYSE:KMG), LRAD (NASDAQ:LRAD)

Vodafone  Group Plc (ADR) (NASDAQ:VOD) will launch a mobile wallet service in the UK next month into a market set to be shaken up by Apple’s plans for a payments platform. The British mobile group has developed its own service with Visa that will work with a special SIM card embedded with NFC (near field…

Read More

Trader’s Watch List: Morgan Stanley (NYSE:MS), Gerdau (NYSE:GGB), Camden National (NASDAQ:CAC), Mechel OAO (NYSE:MTL), American International Group, Inc. (NYSE:AIG)

On 20 AUG Morgan Stanley (NYSE:MS) said that it believes the readers of its report should short 10-year U.S. Treasuries and long the S&P 500. The bank uses a proprietary Real-Time Tracker to predict what Existing Home Sales will be. The RTT estimate is for +2.6 percent or 5.17 million versus consensus expectations of -0.4…

Read More