Archive for March, 2005
FED Raises … Again
22 March 2005As expected, the Fed’s Open Market Committee raised the nation’s short-term benchmark rate by a quarter percentage point to 2.75 percent. However, in its policy statement, the Fed seemed unworried about inflationary pressures, saying that although “pressures on inflation have picked up in recent months,” rates could still be raised at a measured pace.
There is […]
Market Close
21 March 2005^DJI - 10,565.39, -0.60% | ^IXIC - 2007.51, -0.01% | ^SPX - 1183.78, -0.49%
^NDX - 1484.45, +0.00% | ^OEX - 564.35, -0.63% | ^SML - 325.21, -0.23%
^VXO - 12.97, +0.54% | ^VIX - 13.61, +3.58% | ^VXN - 17.83, -0.28%
ZAP - Zapata Corporation Announces Stock Split
21 March 2005Today (3/21/05) ZAP - Zapata Corporation announced an 8 form1 stock split payable April 6, 2005. It’s shares closed today at $68.11, up $1.08.
CLC - Clarcor Inc. Announces Stock Split
21 March 2005Today (3/21/05) CLC - Clarcor Inc. announced a 2 for 1 stock split payable April 29, 2005. It’s shares closed today at $51.77, down $1.23.
AVD - American Vanguard Corp Announces Stock Split
21 March 2005Today (3/21/05) AVD - American Vanguard Corp. announced a 2 for 1 stock split payable April 15, 2005. It’s current share price is $39.31 (11:37AM ET, down $0.19).
Ipo’s Expected for Week of 3/21/05
21 March 2005There are no companies scheduled to go public this week.
Interesting Earnings for Week Ending 3/18/05
19 March 2005This weeks “Interesting Earnings” goes to GMTN - Gander Mountain Company and falls under the “Retail Leisure Products” industry group. It also made it into our “UltraValue Stock Pick List“.
GMTN - Gander Mountain Company IPO’d back on April 21, 2004 closing that day at $22.01. Friday (3/18/05) it’s shares closed at $12.58, up $0.65 […]
DRL - Doral Financial Corporation Succumbs to Downgrades
19 March 2005This week, DRL - Doral Financial Corporation caught my eye as it fell -44% from $38.60 to $21.50 with a Friday (3/18/05) intraday two-year low of $19.75 (it lost about $2 Billion in value). It appears analysts are concerned about the quality of earnings and if maybe the company is being too aggressive in valuing […]
Winners and Losers for Week Ending 3/18/05
19 March 2005A few big winners this week…
ABLE +51%, CPC +32%, CTMI +23%, GBND +58%, GEOI +57%, HANS +28%, IVX +26%, MDKI +21%, NMGa +21%, NSI +26%, OATS +20%, ONXX +28%, OPNT +24%, MVCO +26%, RVI +32%, SBLK +23%, TIVO +53%, USEG +44%, VIAC +24%
A few big losers this week…
ADAM -18%, AVCT -23%, CAMD -29%, CBA -18%, […]
Expected Earnings Releases for Week of 3/21/05
19 March 2005Earnings releases expected for Monday 3/21/05
- Before The Open
CCL, NDC, NT
- During Trading
(NONE)
- After The Close
GPN, KBH, PAYX, [maybe SKIL]
Earnings releases expected for Tuesday 3/22/05
- Before The Open
BBA, BMET, CMC, FDO, FDS, FRED, GIS, LEN, MKC, WSM, [maybe WYNN]
- During Trading
(NONE)
- After The Close
ESIO, FSII, ORCL, SONC, [maybe REMC]
Earnings releases expected for Wednesday 3/23/05
- Before […]
