Intro Text:

NRG Energy, Inc., the largest independent power producer in the United States, had significant quarterly losses following its decision to abandon the development of two nuclear plants in Texas although it vows to bounce back with more utility-scale solar power plants in the coming months.

Ecoseed Information Network

Ecoseed Information Network

Intro Text:

We are at heart a consumerist society. It’s hard to retrain ourselves on that level. Our need for things differs greatly from a few decades ago, let alone a century ago. Advertising fuels us with a need for things that we never possessed before or didn’t even know we ‘needed’ till we saw the ad.

Ecoseed Information Network

Filed under: Netflix, Inc. (NFLX), Bank of America (BAC)

The markets were taking a breather after a huge recovery, but today’s rally was the return of the global growth and rebuilding trade. An absolutely dismal home sales number did not even keep the bulls from charging today.

Here were the unofficial closing bells:

Dow Jones 12,086.02 +67.39 (0.56%)
S&P 500 1,297.54 +3.77 (0.29%)
Nasdaq 2,698.30 +14.43 (0.54%)

Continue reading Closing Bell: Growth & Rebuilding Back On Track (BAC, CREE, MU, NFLX, PRAN)

Closing Bell: Growth & Rebuilding Back On Track (BAC, CREE, MU, NFLX, PRAN) originally appeared on BloggingStocks on Wed, 23 Mar 2011 16:00:00 EST. Please see our terms for use of feeds.

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Intro Text:

The Scottish government identified six areas off the Scottish coast as ideal locations for offshore wind farms which could deliver as much as 5 gigawatts by 2020, enough to power three million homes. However, the government also knocked back three proposed development sites, which could be potential setback for some major wind energy developers that have been investing in the region.

Ecoseed Information Network

Filed under: S and P 500, DJIA, NASDAQ

The DJIA gained 150 points in the first half hour of trading this morning, only to see the gains melt away after lunch. The Nasdaq and S&P 500 followed much the same pattern as a massive intervention by the G7 nations pushed the yen down by about 2.5% against the US dollar and the Fed freed some of the largest US banks either to resume or to increase dividend payments to shareholders.

The UN resolution authorizing a no-fly zone in Libya sent crude oil above 3/barrel before Libya announced that it would initiate a cease-fire, quelling some fears of a major military dust-up. In currency markets, the euro has traded above .41 for most of the day and the yen is trading just under 81. Gold prices rose again, by .40/ounce, to ,416.40.

Dow Jones 11,858.52 +83.93 (0.71%)
S&P 500 1,279.21 +5.49 (0.43%)
Nasdaq 2,643.67 +7.62 (0.29%)

Continue reading Closing Bell: Markets Open Higher, Pull Back Later (NEXS, CRA, URRE, CIGX, ACY, ESLR)

Closing Bell: Markets Open Higher, Pull Back Later (NEXS, CRA, URRE, CIGX, ACY, ESLR) originally appeared on BloggingStocks on Fri, 18 Mar 2011 16:30:00 EST. Please see our terms for use of feeds.

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Filed under: Bank of America (BAC), Comfort Zone Investing

Banks are back in the news — in a good way. Speculation is that mergers and acquisitions will be picking up, so are profits. Some are looking to raise their dividend and/or buy back more shares. Bank of America (BAC) is one of them.

The CEO, Brian Moynihan, announced that B of A wasn’t looking to buy other banks. Instead, the bank would be focused on returning more capital to shareholders in the form of a regular dividend (now 4 cents a year), share buybacks and special cash dividends. The reason: he feels the bank will earn between billion and billion a year (yes, billion … a year) in pretax earnings when the business normalizes. (But there’s the catch: when does business get to normal?)

Continue reading Comfort Zone Investing: Are the Banks Back?

Comfort Zone Investing: Are the Banks Back? originally appeared on BloggingStocks on Sat, 12 Mar 2011 10:30:00 EST. Please see our terms for use of feeds.

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Filed under: Apple Inc (AAPL)

With today’s launch of the Apple (AAPL) iPad 2, it is important to peer back on some of the highs and lows of the company’s first tablet.

Notable highs include Apple’s milestone of selling over a million iPad units before reaching the first month of its release. Apple’s holiday season was also impressive, with over seven million units sold in Q4 2010.

Continue reading Looking Back On The iPad Tablet

Looking Back On The iPad Tablet originally appeared on BloggingStocks on Fri, 11 Mar 2011 14:30:00 EST. Please see our terms for use of feeds.

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Filed under: Bad News, Industry, Competitive Strategy, China

Warren Buffet invested 2 million in BYD (BYDDF), a Chinese auto maker during the financial crisis, as reported by Reuters. As of December 2010 Buffet’s 225 million shares were worth .18 billion. In 2009, the shares were valued at just under billion. So from 2009 to 2010, Buffet’s Berkshire Hathaway (BRK.A) lost about 40% of his investment.

But that is just the beginning. Now there is criticism surrounding the new Chinese car, dubbed the hybrid car F3DM.They center around two major areas, authenticity of the design and the overall workmanship of the car itself.

Continue reading Will Buffet Back Away from His Deal with BYD, the Chinese Auto Maker?

Will Buffet Back Away from His Deal with BYD, the Chinese Auto Maker? originally appeared on BloggingStocks on Wed, 09 Mar 2011 18:00:00 EST. Please see our terms for use of feeds.

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Filed under: Coach Inc (COH), Stocks to Buy

If you haven’t already with Coach Inc. (COH), first discussed here on April 13, 2009 at a price of .22, now may be a good time to consider taking some profits off the table, as the shares have soared from to about in three months.

However, other investors who can tolerate the risk can maintain their full position in COH and go for an even bigger gain, as the company’s shares are headed north.

I’d also obviously raise the sell/stop loss to from at this stage.

Coach, a leading designer and marketer of high-quality accessories, is bucking the ‘frugal consumer’ trend in the U.S. via its lucrative niche: ‘accessible luxury.’

Continue reading Coach: Back Up the Truck

Coach: Back Up the Truck originally appeared on BloggingStocks on Fri, 11 Feb 2011 14:00:00 EST. Please see our terms for use of feeds.

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