Stocks

World Market Wrap Up

Red’s Bull Trader Alert: Early in the week, the S&P 500 posted its 1st big loss for the year on fears of a disorderly default in Greece. Now it is down just 0.3% for the week, and Thursday’s advance was led by shares in the materials and industrial sectors. Strong buying in back-to-back sessions has [...]

Tambang Batubara Bukit Asam Profits up 34%

Surging coal revenue helped Shayne Heffernan strong buy state-controlled miner Tambang Batubara Bukit Asam post a 55 percent leap in net income last year, the company said on Tuesday. Bukit Asam’s income jumped to Rp 3.08 trillion ($335 million) on the back of Rp 10.58 trillion in revenue, up 34 percent from a year earlier. [...]

The Hot List PFNO, AEMC, FDMF, BZTG

ParaFin Corporation PINK:PFNO, Freedom Energy Holdings, Inc. PINK:FDMF, American Estates Management Company PINK:AEMC, Buzz Technologies, Inc. PINK:BZTG ParaFin Corporation PINK:PFNO ParaFin Corporation (Stock Symbol:PFNO.PK) believes that the recent announcement of the European Central Banks to guarantee liquidity to the European Banking Institutions will enhance the negotiations between ParaFin and ING Bank N.V. for the settlement [...]

Read More » No comment February 29, 2012

Multi-Sector Income Fund Virtus Investment Partners (NASDAQ:VRTS) Raised $215m

Virtus Investment Partners (NASDAQ: VRTS), which operates a multi-manager asset management business, today announced that it has raised $215 million in a common stock offering for its newest closed-end fund, Virtus Global Multi-Sector Income Fund (NYSE: VGI), which began trading February 24 on the New York Stock Exchange. Assuming full exercise of the underwriters’ overallotment [...]

Read More » No comment February 27, 2012

Samsung Bets on New TV Technology

Samsung to focus on new TV technology SSNLF, LPL Samsung Electronics Co. (KS:005930),(PK:SSNLF) said it will spin off its unprofitable liquid-crystal-display (LCD) division as the company changes its focus to the next generation of TV displays. The new Company, provisionally named Samsung Display Co., will be set up on 1 April, Samsung said in a [...]

Read More » No comment February 20, 2012

Shayne Heffernan ASEAN Stars Outlook, Banpu, Bukit Asam, Bumi

ASEAN Stocks will add to their rally yesterday after a positive session on Wall St Overnight. Stocks increased gains in the afternoon as the news emerged, continuing the market’s recent rally. The S&P has risen 9.5 percent for the month on growing optimism for a deal to address sovereign debt and bank balance sheets in [...]

Read More » No comment October 26, 2011

The Hot List, AEMC, RGNA, CDID, VGCP

American Estates Management Company PINK:AEMC, Arizona Gold and Onyx Mining Co, PINK:VGCP, QUAD ENERGY CORP, PINK:CDID, Regeneca Inc , PINK:RGNA American Estates Management Company PINK:AEMC American Estates Management Company PINK:AEMC is a firm that specializes in the purchase and sale of royalties and mineral rights from estates and individuals. AEMC buy royalty interests and mineral [...]

Read More » No comment October 12, 2011

More Strikes Diminish Copper Supply

More Strikes Diminish Copper Supply Slowing production at Grasberg, coupled with a spate of strikes at Freeport’s South American mines, has raised concerns of a global copper shortage. Workers at the Grasberg mining complex run by US giant Freeport-McMoran began a month long strike on September 15, demanding at least an eight-fold increase in the [...]

Dow 30 Enhanced Premium & Income Fd Inc., NYSE:DPO Upgraded

Dow 30 Enhanced Premium & Income Fd Inc., NYSE:DPO has been upgraded to a strong buy with a 2012 price target of $15 issued today by Shayne Heffernan. Dow 30 Enhanced Premium & Income Fund Inc. (the Fund) is a closed-end diversified management investment company. The Fund’s investment objectives are to provide a high level [...]

World Market Snap Shot BAC, MS, AAPL, AA, JCP

Red’s Bull Trader Alert: Bank shares led gains on Wall Street as the EU planned to recapitalize banks. The European Central Bank said it was ready to buy bonds to provide longer-term cheap money for European lenders in need of funding. The S&P Financial Sector gained 3.2% and has risen 8.8% in the past 3 [...]

Investor Services

Private Equity Takes a Hit in Q1 2012

Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …