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China Raises Gasoline Prices, Sends Gushan (GU:NYSE) Soaring

June 19, 2008 · Filed Under Oil and Energy · Comments 
“Starting at midnight tonight… diesel and gasoline prices will rise 1,000 yuan ($145.39) per metric ton.” — Stephanie Grimmett by Stephanie Grimmett Baltimore — (TFN): Chinese fuel companies are breaking out on news that the country’s government will raise fuel prices at midnight tonight. PetroChina (PTR:NYSE), the country’s largest oil producer, is up 4.8% in morning trading. And [...]

MF Global (MF:NYSE) Falls 35%

June 18, 2008 · Filed Under US Stocks and Markets · Comments 
“After closing at $13.26 yesterday, MF opened at $10.80 this morning and is currently at $8.59, as of noon. That’s a 35% fall in less than 24 hours.” — Stephanie Grimmett by Stephanie Grimmett Baltimore – (TFN): Options and futures broker MF Global (MF: NYSE) continued its slide in this morning’s trading. After closing at $13.26 [...]

First Quarter Results: Turn around or false signal

April 22, 2008 · Filed Under US Stocks and Markets · Comments 
“Most investors realized that earnings season would be dismal; so when the results came in (pretty much) as expected, many investors seemed to find that the news (especially among financials) was not worse and went on a buying spree.” — William Patalon Blogger’s note: Financials like JP Morgan (JPM: NYSE) and Citigroup [...]

High Oil Prices Hurt CNOOC? Really?

March 28, 2008 · Filed Under Oil and Energy · Comments 
"If it meets projections, CNOOC could see an 11% production increase this year. But that remains to be seen, and rising costs could cancel out much of the increased production in the next year." — Stephanie Grimmett by Stephanie Grimmett Baltimore – (TFN): If you haven’t noticed, it’s time to get out of CNOOC (CEO: NYSE). [...]

Visa IPO Aftermath: Europe’s in trouble, but China’s buying

March 27, 2008 · Filed Under International Investing · Comments 
“The antitrust investigation is standard procedure, according to the commission. But when Mastercard went through the same standard procedure last year, the commission ruled that its exchange fee system was contrary to the EU’s antitrust rules.” — Stephanie Grimmett by Stephanie Grimmett Baltimore – (TFN): Maybe Visa already knew this was coming three years [...]

Military Technology: Take Profits on United Industrial

December 13, 2007 · Filed Under US Stocks and Markets · Comments 
“J. Christoph Amberger recommended United Industrial in his Taipan newsletter a little more than a year ago. And since that initial buy recommendation, we’ve racked up 90% gains in the position.” — Stephanie Grimmett Baltimore – (TFN) United Industrial (UIC: NYSE) is doing something rather odd. The unmanned aviation company agreed to a buyout from aircraft [...]