Tuesday, September 30, 2008
LocateStock.com Daily High 5 For Tuesday September 30, 2008

Jersey City, NJSeptember 30, 2008

     

The LocateStock.com HIGH 5 for Tuesday, September 30th are:

           

5 – Fording Canadian Coal Trust – NYSE:FDG

4 – Micron Technology – NYSE:MU

3 – Ultra Financial ProShares – AMEX:UYG

2 – Alpha Natural Resources – NYSE:ANR

1 – Triarc Companies – NYSE:TRY

 

Fording Canadian Coal Trust (NYSE:FDG) operates as an open-ended mutual fund trust in Canada. The company holds a 60% interest in Elk Valley Coal, which produces and sells metallurgical coal that is used for making coke by integrated steel mills.

 

* Last Friday Fording Canadian Coal Trust said a pair of shareholder advisory services are recommending investors vote in favor of its proposed sale for nearly $14 billion to mining giant Teck Cominco. Fording shareholders are to vote on the sale Sept. 30. Shares of Fording fell 4.28% or $5.35 to $75.72 on Monday.

 

Micron Technology, Inc. (NYSE:MU) engages in the manufacture and marketing of semiconductor devices worldwide. Its products include dynamic random access memory (DRAM) products that provide data storage and retrieval, which include DDR and DDR2, synchronous DRAM, and other specialty memory products, such as mobile DRAM, pseudo-static RAM, and reduced latency DRAM.

 

* JMP Securities initiated coverage on Micron Monday morning to "market underperform." The stock plummeted 62 cents or 13.33% to $4.03.

 

The Ultra Financials ProShares (AMEX:UYG) investment seeks daily investment results, before fees and expenses, which correspond to twice the daily performance of the Dow Jones U.S. Financials index. The fund normally invests 80% of assets in financial instruments with economic characteristics that should be twice the return of the index.

 

* Significant moves in individual financial stocks Monday resulted in large moves in the financial ETFs, including the Ultra Financials ProShares. Shares of UYG plummeted $4.02 or 19.84% to $16.24.

 

Alpha Natural Resources, Inc. (NYSE:ANR) produces, processes, and sells steam and metallurgical coal in the United States. It also involves in the purchase and resale of coal mined by others.

 

* Shares of coal companies, including Alpha Natural, tumbled Monday after the government said coal production dropped 3% last week. The Energy Information Administration said last Friday that total U.S. coal production fell by 700,000 tons to 22.6 million tons for the week ended Sept. 20. Shares of ANR fell $12.53 or 22.40% to $43.41 on the news.

 

Triarc Companies, Inc. (NYSE:TRY) is a holding company and, through its subsidiary Arby's Restaurant Group, Inc. (ARG), is the franchisor of the Arby's restaurant system. The Arby's restaurant system comprises approximately 3,700 restaurants, of which, as of December 30, 2007, 1,106 were owned and operated by the Company's subsidiaries.

 

* Wendy's customers will see new options on the company's Frosty and burger-heavy menu, the new chief executive said Monday after it was formally taken over by the owner of Arby's. The $2.34 billion deal adds Wendy's International to the stable of holdings of Triarc. Shares rose 47 cents or 8.66% to $5.90 on the news.

 

The daily HIGH 5 stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest stocks to short that day.

 

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The HIGH 5 is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, LLC

 

 

 

 

 


Monday, September 29, 2008
LocateStock.com Daily High 5 For Monday September 29, 2008
 

Jersey City, NJSeptember 29, 2008

     

The LocateStock.com HIGH 5 for Monday, September 29th are:

           

5 – Coeur d'Alene Mines – NYSE:CDE

4 – Micron Technology – NYSE:MU

3 – Qwest Communications Intl – NYSE:Q

2 – Agrium – NYSE:AGU

1 – United Microelectronics – NYSE:UMC

 

Coeur d'Alene Mines Corporation, (NYSE:CDE) through its subsidiaries, engages in the exploration and development of mineral properties principally in the United States, South America, Australia, and Africa. The company primarily explores for silver, gold, lead, and zinc deposits.

 

* Coeur d'Alene Mines ended Friday flat after a JPMorgan analyst downgraded silver and gold miner earlier in the week. Analyst John Bridges lowered his rating on the stock to "Neutral" from "Overweight." Shares of CDE ended the day where it began on the NYSE at $1.78.

 

Micron Technology, Inc. (NYSE:MU) engages in the manufacture and marketing of semiconductor devices worldwide. Its products include dynamic random access memory (DRAM) products that provide data storage and retrieval, which include DDR and DDR2, synchronous DRAM, and other specialty memory products, such as mobile DRAM, pseudo-static RAM, and reduced latency DRAM.

 

* Shares of memory chip maker Micron Technology surged last Thursday on rumors that it was ready to buy assets from the loss-making Qimonda for a reasonable price. Shares of MU traded flat on Friday to lose just 2 cents or .43% to $4.65.

 

Qwest Communications International, Inc. (NYSE:Q) provides voice, data, Internet, and video services in the United States. It operates in three segments: Wireline Services, Wireless Services, and Other Services.

 

* Jim Cramer from CNBC's "Lightning Round" said Qwest Communications was the better pick over AT&T and Verizon stock right now. Shares of Q traded flat to begin and end Friday at $3.61.

 

Agrium, Inc. (NYSE:AGU) produces and markets agricultural nutrients, industrial products, and specialty products worldwide, as well as involves in the retail supply of agricultural products and services in North and South America. It operates through three segments: Retail, Wholesale, and Advanced Technologies.

 

* RBC Capital Markets analyst Fai Lee cut his price target on Agrium to $105 from $145 because of "higher market risk premiums, portfolio rotation due to investor sentiment resulting in a broad sell-off in commodity-related stock and distressed liquidations." AGU came off $10.85 or 14.5% to $64.00 on Friday.

 

United Microelectronics Corporation, (NYSE:UMC) together with its subsidiaries, operates as a semiconductor foundry in Taiwan. The company engages in the manufacture and fabrication of semiconductors/chips/integrated circuits for fabless design companies, integrated device manufacturers, and system companies.

 

* Taiwan's UMC, the world's second-largest contract chip maker, denied last Tuesday a report that it plans to cut its workforce and shut down older wafer factories as demand slows. "We don't have plans on manpower reduction," UMC said in a statement. Shares of UMC fell 3 cents or 1.33% to $2.22 on the news.

 

The daily HIGH 5 stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest stocks to short that day.

 

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The HIGH 5 is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, LLC

 

 

 

 

 


Friday, September 26, 2008
LocateStock.com Daily High 5 For Friday September 26, 2008
LocateStock.com Daily High 5 For Friday September 26, 2008
Jersey City, NJ – September 26, 2008

The LocateStock.com HIGH 5 for Friday, September 26th are:

5 – DryShips – NASDAQ:DRYS
4 – Suntech Power Holdings – NYSE:STP
3 – Arcelor Mittal – NYSE:MT
2 – Cisco Systems – NASDAQ:CSCO
1 – AMR Corporation – NYSE:AMR

DryShips, Inc. (NASDAQ:DRYS) engages in the ownership and operation of drybulk carriers worldwide. The company's fleet carries various drybulk commodities, including coal, iron ore, and grains, bauxite, phosphate, fertilizers, and steel products.
* Top Ship said it is exploring a possible sale on Thursday to an affiliate of George Economou, the single largest shareholder in the Greek shipping company and CEO of DryShips. Shares of DRYS fell $1.81 or 4% to $43.48.

Suntech Power Holdings Co., Ltd. (NYSE:STP) designs, develops, manufactures, and markets various photovoltaic (PV) cells and modules to provide electric power for residential, commercial, industrial, and public utility applications worldwide. It offers various monocrystalline and multicrystalline silicon PV cells; PV modules; and a range of BIPV products and systems.

* Revenue in the solar power industry increased 30 percent annually from 2000 through 2007. Solar's global revenue reached $21.2 billion last year, up from $3.41 billion in 2000 with Germany holding the reigns with the largest solar market. Shares of Suntech rose 96 cents or 2.27% to $43.18 on the news Thursday. STP is up almost 7 percent in its two days on the HIGH 5.

ArcelorMittal (NYSE:MT) produces and markets steel worldwide. The company produces a range of finished and semi-finished carbon steel products comprising flat products, including sheet and plate; long products, including bars, rods, and structural shapes; and stainless steel products.
* South Africa's unit of the world's top steel maker ArcelorMittal said on Thursday a second worker had died after being injured during an incident at one of its plants in South Africa. Shares of MT rose $3.57 or 6.35% to $59.75 on Thursday.
Cisco Systems, Inc. (NASDAQ:CSCO) designs, manufactures, and sells Internet Protocol-based networking and other products relating to the communications and information technology industry worldwide.
* The board of Cisco Systems assigned a numerical grade to CEO John Chambers of 1.28 on a scale of 0 to 2 for the last fiscal year. The score reflects the board's belief that Chambers "performed well in a challenging environment," according to a filing by the company Thursday. The performance score is part of company's formula for executive compensation, and resulted in a $3 million bonus for Chambers in the fiscal year that ended July 25. In total, Chambers' pay for the fiscal year was $12.3 million, a decrease of 3.7% from the year before. Shares of CSCO rose 68 cents or 2.98% to $23.48 on Thursday.
AMR Corporation (AMR), (NYSE:AMR) through its subsidiaries, operates as a scheduled passenger airline in the United States. The company, through its principal subsidiary, American Airlines, Inc., provides scheduled jet service to approximately 170 destinations throughout North America, the Caribbean, Latin America, Europe, and Asia.

* Shares of AMR Corp. were mixed Thursday as oil prices rose and on news that Northwest shareholders approved Delta's bid for their company. AMR rose 6 cents or .56% to $10.86 on the news.
The daily HIGH 5 stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The HIGH 5 is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO.

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

CONTACT: pressrelease@locatestock.com / 201-332-6800
SOURCE: Locate Stock, LLC

Thursday, September 25, 2008
LocateStock.com Daily High 5 For Thursday September 25, 2008
Jersey City, NJ – September 25, 2008

The LocateStock.com HIGH 5 for Thursday, September 25th are:

5 – Focus Media Holding – NASDAQ:FMCN
4 – Suntech Power Holdings – NYSE:STP
3 – Alpha Natural Resources – NYSE:ANR
2 – AMR Corporation – NYSE:AMR
1 – Energy Conversion Devices – NASDAQ:ENER

Focus Media Holding Limited (NASDAQ:FMCN) operates out-of-home advertising network using audiovisual television displays in China. Its out-of-home advertising network consists of commercial location network, in-store network, poster frame network, mobile handset advertising network, and outdoor LED network.

* Roth Capital initiated coverage on Focus Media on Tuesday to a Buy. Shares of FMCN rocketed $1.95 or 6.27% to $33.03 on Wednesday.

Suntech Power Holdings Co., Ltd. (NYSE:STP) designs, develops, manufactures, and markets various photovoltaic (PV) cells and modules to provide electric power for residential, commercial, industrial, and public utility applications worldwide. It offers various monocrystalline and multicrystalline silicon PV cells; PV modules; and a range of BIPV products and systems.

* The U.S. Senate on Tuesday approved about $18 billion of renewable-energy tax credits after repeated failed attempts to do so this year. Shares of Suntech Power rose the following day on the news and closed up $1.77 or 4.38% to $42.22 the next day.

Alpha Natural Resources, Inc. (NYSE:ANR) produces, processes, and sells steam and metallurgical coal in the United States. It also involves in the purchase and resale of coal mined by others.

* Alpha Natural was upgraded by Davenport on Monday to Buy from Neutral. Shares of ANR failed to react to the "Buy" coverage on Wednesday and fell $4.77 or 7.59% to $58.08.

AMR Corporation (AMR), (NYSE:AMR) through its subsidiaries, operates as a scheduled passenger airline in the United States. The company, through its principal subsidiary, American Airlines, Inc., provides scheduled jet service to approximately 170 destinations throughout North America, the Caribbean, Latin America, Europe, and Asia.

* Airline shares were mixed Wednesday with flat oil prices and new data that indicates a weakening U.S. economy. Among the carriers that fell Wednesday was the parent of American Airlines. Shares of AMR closed down 78 cents or 6.74% to $10.80.

Energy Conversion Devices, Inc. (NASDAQ:ENER) commercializes materials, products, and production processes for the alternative energy generation, energy storage, and information technology markets. The company operates in two segments: United Solar Ovonic and Ovonic Materials.

* Solar stocks opened with gains in New York on Wednesday on hopes Washington has finally come around to giving the industry long-term tax incentives. The Senate's passage pushed shares of Energy Conversion up $7.33 or 12.98% to $63.79.

The daily HIGH 5 stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The HIGH 5 is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO.

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

CONTACT: pressrelease@locatestock.com / 201-332-6800
SOURCE: Locate Stock, LLC

Wednesday, September 24, 2008
LocateStock.com Daily High 5 For Wednesday September 24, 2008
Jersey City, NJ – September 24, 2008

The LocateStock.com HIGH 5 for Wednesday, September 24th are:

5 – Arcelor Mittal – NYSE:MT
4 – Coeur d'Alene – NYSE:CDE
3 – UAL Corporation – NASDAQ:UAUA
2 – BHP Billiton – NYSE:BHP
1 – Energy Conversion Devices – NASDAQ:ENER

ArcelorMittal (NYSE:MT) produces and markets steel worldwide. The company produces a range of finished and semi-finished carbon steel products comprising flat products, including sheet and plate; long products, including bars, rods, and structural shapes; and stainless steel products. It serves various global customer markets, including automotive, construction, household appliances, and packaging with sizeable captive supplies of raw materials and distribution networks.

* ArcelorMittal, South Africa's unit of the world's top steel maker said on Tuesday a worker had been killed at one of its plants in South Africa, the first such fatality at the group this year. The worker was killed after exposure to gas in an incident at the group's Saldanha plant in the country's Western Cape province. A second worker is in a critical condition at a hospital, and a contractor was in a stable condition. Shares of MT fell $3.92 or 6.25% to $58.80 on Tuesday.

Coeur d'Alene Mines Corporation, (NYSE:CDE) through its subsidiaries, engages in the exploration and development of mineral properties principally in the United States, South America, Australia, and Africa. The company primarily explores for silver, gold, lead, and zinc deposits.

* Coeur d'Alene announced Tuesday that due to further substantial delay in the Environmental Assessment process triggered by a federal agency's recent actions, the Company has requested the Forest Service to terminate the permitting process for a potential alternative Kensington paste tailings plan. The Company continues to pursue its original tailings plan for Kensington, which is pending in the U.S. Supreme Court. A decision on the appeal is expected in the first or second quarter of 2009. Shares of CDE fell 1 penny or .52% to $1.90 on Tuesday.

UAL Corporation (NASDAQ:UAUA) offers air transportation services. The company, through its subsidiary, United Air Lines, Inc., provides transportation of persons, property, and mail in the United States and internationally.

* Airline stocks, including UAL Corporation, rallied Tuesday as oil prices fell after a record gain the day before. Light, sweet crude for November delivery dropped 78 cents to $108.84 on the New York Mercantile Exchange after dipping close to $106. UAUA finished flat at $11.80 on Tuesday.

BHP Billiton Limited, (NYSE:BHP) together with its subsidiaries, operates as a diversified natural resources company. The company operates 10 customer sector groups (CSGs), aligned with the commodities that the company extracts and markets, which includes Aluminium, Base Metals, Uranium, Diamonds and Specialty Products, Energy Coal, Iron Ore, Manganese, Metallurgical Coal, Petroleum, and Stainless Steel Materials.

* BHP increased the estimated ore resource at its Olympic Dam project in Australia by 7.8% as it studies an expansion that may cost at least $6 billion. BHP Billiton fell $3.41 or 5.23% to $61.77.

Energy Conversion Devices, Inc. (NASDAQ:ENER) commercializes materials, products, and production processes for the alternative energy generation, energy storage, and information technology markets. The company operates in two segments: United Solar Ovonic and Ovonic Materials.

* Shares of alternative energy technology company Energy Conversion Devices fell 18.52% on Tuesday, after one of its largest customers lowered its outlook. Earlier in the day, Solar Integrated Technologies cut its 2008 revenue outlook, saying its U.S. market was being "adversely impacted" by the pending expiry of the Investment Tax Credit and tightening credit markets. Shares of ENER fell $12.83 or 18.52% to $56.46 on Tuesday.

The daily HIGH 5 stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The HIGH 5 is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO.

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

CONTACT: pressrelease@locatestock.com / 201-332-6800
SOURCE: Locate Stock, LLC

Tuesday, September 23, 2008
LocateStock.com Daily High Five For Tuesday September 23, 2008
The LocateStock.com HIGH FIVE for Tuesday, September 23rd are:

5 – Doral Financial – NYSE:DRL
4 – Market Vectors Coal – NYSE:KOL
3 – HSN Inc. – NASDAQ:HSNI
2 – BHP Billiton – NYSE:BHP
1 – Ultra Financials ProShares – AMEX:UYG

Doral Financial Corporation, (NYSE:DRL) through its subsidiaries, provides a range of financial services primarily in Puerto Rico and New York. The company operates through four segments: Mortgage Banking, Banking, Insurance Agency, and Institutional Securities.

* Doral Financial announced that the Federal Deposit Insurance Corporation (FDIC) terminated the Order to Cease and Desist with its principal subsidiary, Doral Bank. The Order was put in place on February 19, 2008 for Bank Secrecy Act (BSA) compliance in regards to the BSA/Anti Money Laundering Compliance Program. Shares of DRL fell $2.33 or 13.09% to $15.47.

The Market Vectors Coal (NYSE:KOL) investment seeks replicate as closely as possible, before fees and expenses, the price and yield performance of the Stowe Coal index. The fund normally invests at least 80% of total assets in equity securities, which may include depositary receipts, of U.S. and foreign companies principally engaged in the coal industry.

* Market Vectors Coal which is part of the Van Eck ETF's has new competition. PowerShares launched a series of six new ETFs last Thursday. However, Van Eck claimed the bragging rights for first in class ETFs in agriculture, coal, steel and gold. Shares of KOL fell $2.44 or 6.52% to $35.00 on Monday.

HSN, Inc. (NASDAQ:HSNI) markets and sells a range of third party and private label merchandise. It offers electronics and housewares, jewelry, beauty, apparel, health, home fashions, accessories, vitamins, and other products directly to consumers through the HSN television network and its related Web site, HSN.com.

* HSN filed an SEC form 10-Q on Monday and gained $1.29 or 12.77% to $11.39.

BHP Billiton Limited, (NYSE:BHP) together with its subsidiaries, operates as a diversified natural resources company. The company operates 10 customer sector groups (CSGs), aligned with the commodities that the company extracts and markets, which includes Aluminium, Base Metals, Uranium, Diamonds and Specialty Products, Energy Coal, Iron Ore, Manganese, Metallurgical Coal, Petroleum, and Stainless Steel Materials.

* Mining stocks shot up Monday, as commodity prices gained from the weakening of the U.S. dollar, with BHP Billiton up $2.43 or 3.87% to $65.18.

The Ultra Financials ProShares (AMEX:UYG) investment seeks daily investment results, before fees and expenses, which correspond to twice the daily performance of the Dow Jones U.S. Financials index. The fund normally invests 80% of assets in financial instruments with economic characteristics that should be twice the return of the index.

* Following the announcement of the ban on short sales last Friday UltraShort Financials ProShares ceased trading for a couple of hours that morning in order to give the issuer a chance to sort through the implications of these government actions. Shares of UYG fell Monday to lose $2.13 or 9.70% to $19.83.

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The HIGH FIVE is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO.

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

CONTACT: pressrelease@locatestock.com / 201-332-6800
SOURCE: Locate Stock, LLC

Monday, September 22, 2008
LocateStock.com Daily High Five For Monday September 22, 2008
Jersey City, NJ – September 22, 2008

The LocateStock.com HIGH FIVE for Monday, September 22nd are:

5 – Panera Bread Co. – NASDAQ:PNRA
4 – Blockbuster – NYSE:BBI
3 – General Electric – NYSE:GE
2 – AMR Corp. – NYSE:AMR
1 – HSN Inc. – NYSE:HSNI

Panera Bread Company, (NASDAQ:PNRA) together with its subsidiaries, operates and franchises retail bakery-cafes in the United States. Its retail products include fresh baked goods, soups, salads, custom roasted coffees, and other complementary products.

* Shares of Panera Bread fell Friday after a week of gains when the company reaffirmed its third-quarter profit guidance earlier in the week. Panera said it still expects to post earnings of $0.42 to $0.44 a share. Panera fell $2.28 or 3.88% to $56.60 on Friday.

Blockbuster, Inc., (NYSE:BBI) together with its subsidiaries, operates and franchises entertainment-related stores in the United States and internationally. It offers pre-recorded videos, as well as video games for in-store rental, sale and trade, and also sells other entertainment-related merchandise.

* The business of renting movies from stores just got a generation older. Too bad for Blockbuster because Netflix knows that even sending DVDs by mail will not serve consumers needs during the broadband era. The company is currently ramping up its plans to allow customers to get content over the internet. Blockbuster shares gained 55 cents or 22% to $3.05 on Friday.

General Electric Company (NYSE:GE) operates as a technology, media, and financial services company worldwide. It operates through four segments: GE Capital, Energy Infrastructure, Technology Infrastructure, and NBC Universal.

* Companies in the financial-services sector that were left off a government list banning short sellers from trading certain stock may be seeking inclusion, and the list includes General Electric. Shares of GE rose $1.38 or 7.38% to $26.62 on Friday.

AMR Corporation (AMR), (NYSE:AMR) through its subsidiaries, operates as a scheduled passenger airline in the United States. The company, through its principal subsidiary, American Airlines, Inc., provides scheduled jet service to approximately 170 destinations throughout North America, the Caribbean, Latin America, Europe, and Asia.

* Airline stocks gained Friday amid a broader market rally, on the heels of an industry conference in which executives at some of the largest carriers assured investors that their liquidity remains intact. Shares of American Airlines partook in the rally, to gain 94 cents or 7.83% to $12.94.

HSN, Inc. (NASDAQ:HSNI) markets and sells a range of third party and private label merchandise. It offers electronics and housewares, jewelry, beauty, apparel, health, home fashions, accessories, vitamins, and other products directly to consumers through the HSN television network and its related Web site, HSN.com.

* HSN fell Friday to lose $2.10 or 17.21% to $10.10.

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The HIGH FIVE is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO.

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

CONTACT: pressrelease@locatestock.com / 201-332-6800
SOURCE: Locate Stock, LLC

Thursday, September 18, 2008
LocateStock.com Daily High Five For Thursday September 18, 2008

Jersey City, NJSeptember 18, 2008

 

The LocateStock.com HIGH FIVE for Thursday, September 18th are:

                       

5 – Morgan Stanley – NYSE:MS

4 – Washington Mutual – NYSE:WM

3 – Wachovia – NYSE:WB

2 – Merrill Lynch – NYSE:MER

1 – American International Group – NYSE:AIG

 

Morgan Stanley, (NYSE:MS) through its subsidiaries and affiliates, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The company operates in three segments: Institutional Securities, Global Wealth Management Group, and Asset Management.

 

* The NY Times said late Wednesday that Morgan Stanley, one of the two major Wall Street banks left standing, was considering a possible merger with Wachovia, or another bank. Short sellers hacked away at Morgan Stanley on Wednesday, sending its shares down $6.95 or 24.22% to $21.75.

 

Washington Mutual, Inc., (NYSE:WM) together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking Group, Card Services Group, Commercial Group, and Home Loans Group.

* The NY Times reported late Wednesday that Washington Mutual, the struggling savings and loan, has put itself up for auction. Goldman Sachs, which Washington Mutual has hired, said potential bidders are Wells Fargo, JPMorgan Chase and HSBC. Shares of WM fell 31 cents or 13.36% to $2.01 Wednesday.

Wachovia Corporation, (NYSE:WB) a financial holding company, provides commercial and retail banking services, and other financial services in the United States and internationally. Its deposit products include savings, NOW, money market, and interest-bearing checking accounts, as well as noninterest-bearing deposits and other consumer time deposits.

* According to reports Wednesday evening, Morgan Stanley is considering merging with Wachovia, or another commercial bank. Wachovia was among the financial institutions to have their stocks hit hard Wednesday as the Dow dived despite the government bailout of insurer AIG. Wachovia shares lost $2.39 or 20.76% to $9.12.

Merrill Lynch & Co., Inc., (NYSE:MER) together with its subsidiaries, provides investment, financing, insurance, and related services to individuals and institutions worldwide. It's Global Markets and Investment Banking segment offers various global market services, which facilitate client transactions and markets in securities, derivatives, currencies, commodities, and other financial instruments for clients; provides financing, securities clearing, settlement, and custody services; and engages in principal and private equity investing and proprietary trading activities.

* Shares of Merrill Lynch fell Wednesday, just two days after succumbing to a bailout by Bank of America. Shares fell $2.82 or 12.71% to $19.36 but are up 13.5% on the week.

American International Group, Inc., (NYSE:AIG) through its subsidiaries, provides insurance and financial services in the United States and internationally. It operates in four segments: General Insurance, Life Insurance and Retirement Services, Financial Services, and Asset Management.

* Wall Street plunged again in a crisis of confidence Wednesday as anxieties about the financial system still ran high after the government's bailout of insurer American International Group. The Federal Reserve is giving a two-year, $85 billion loan to AIG in exchange for a nearly 80% stake in the company, which lost billions in the risky business of insuring against bond defaults. Shares continued to plummet, losing $1.70 or 45.33% to $2.05 and are down 83% so far this week.

 

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

 

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The HIGH FIVE is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, LLC

 

 

 

 

 


LocateStock.com Daily High Five For Wednesday September 17, 2008

Jersey City, NJSeptember 17, 2008

 

The LocateStock.com HIGH FIVE for Wednesday, September 17th are:

                       

5 – Bank of America – NYSE:BAC

4 – Washington Mutual – NYSE:WM

3 – Wachovia – NYSE:WB

2 – Merrill Lynch – NYSE:MER

1 – American International Group – NYSE:AIG

Bank of America Corporation, (NYSE:BAC) a financial holding company, provides a range of banking and nonbanking financial services and products in the United States and internationally. The company's Global Consumer and Small Business Banking segment offers savings accounts, money market savings accounts, certificate of deposits, individual retirement accounts, regular and interest-checking accounts, and debit cards; U.S. Consumer and Business Card, unsecured lending, and international card; consumer real estate products, including mortgage products for home purchase and refinancing, reverse mortgage products, and home equity products; and insurance services.

* Analysts view the Bank of America acquisition of Merrill Lynch as a good long-term fit but say the deal raises short-term questions. The acquisition gives BofA the premier retail brokerage platform and a more geographically diverse investment-banking business, but the deal was brought together very quickly, and BofA could be stretched thin on capital and management resources as it integrates both Countrywide Financial and Merrill. Shares of Bank of America rose $3.00 or 11.3% to $29.55 on Tuesday.

 

Washington Mutual, Inc., (NYSE:WM) together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking Group, Card Services Group, Commercial Group, and Home Loans Group.

* JPMorgan Chase is seen as a likely suitor for Washington Mutual, which is staggering under huge mortgage losses. Earlier this year, Chase made overtures to WaMu that were rebuffed. The New York bank reportedly offered a stock-swap buyout valued at $8 per share. Shares of WM rose 32 cents or 16.00% to $2.32.

Wachovia Corporation, (NYSE:WB) a financial holding company, provides commercial and retail banking services, and other financial services in the United States and internationally. Its deposit products include savings, NOW, money market, and interest-bearing checking accounts, as well as noninterest-bearing deposits and other consumer time deposits.

* Wachovia said late on Tuesday that it named Kenneth Phelan chief risk officer. Phelan will join the company in early October. He was most recently head of risk management services at J.P. Morgan Chase. Shares of Wachovia rebounded a bit on the news to gain 80 cents or 7.47% to $11.51. The stock fell dramatically during Monday's sell off.

Merrill Lynch & Co., Inc., (NYSE:MER) together with its subsidiaries, provides investment, financing, insurance, and related services to individuals and institutions worldwide. It's Global Markets and Investment Banking segment offers various global market services, which facilitate client transactions and markets in securities, derivatives, currencies, commodities, and other financial instruments for clients; provides financing, securities clearing, settlement, and custody services; and engages in principal and private equity investing and proprietary trading activities.

* CNBC says that given the considerable crossover between the Bank of America and Merrill Lynch—especially in investment banking groups such as fixed income, equities and leveraged finance—and the $7 billion in cost savings that BofA has already identified, there will certainly be several thousand job cuts announced at both firms in the next few months. One day after BofA agreed to buy Merrill Lynch, shares rocketed $5.12 or 30.01% to $22.18.

American International Group, Inc., (NYSE:AIG) through its subsidiaries, provides insurance and financial services in the United States and internationally. It operates in four segments: General Insurance, Life Insurance and Retirement Services, Financial Services, and Asset Management.

* In a bid to save financial markets and the economy from further turmoil, the U.S. government agreed Tuesday night to provide an $85 billion emergency loan to rescue the huge insurer AIG. The Federal Reserve said in a statement it determined that a disorderly failure of AIG could hurt the already delicate financial markets and the economy. The Fed said in return for the loan, the government will receive a 79.9 percent equity stake in AIG. Shares fell $1.01 or 21.22% to $3.75 on Tuesday and are down 69% so far this week.

 

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

 

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The HIGH FIVE is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, LLC

 

 

 

 

 


LocateStock.com Daily High Five For Monday September 15, 2008

Jersey City, NJSeptember 15, 2008

 

The LocateStock.com HIGH FIVE for Monday, September 15th are:

                       

5 – MBIA – NYSE:MBI

4 – Wachovia – NYSE:WB

3 – General Motors – NYSE:GM

2 – Washington Mutual – NYSE:WM

1 – Lehman Brothers – NYSE:LEH

 

MBIA, Inc., (NYSE:MBI) through its subsidiaries, provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers and investors, and capital market participants worldwide. It operates through two segments, Insurance and Investment Management Services.

 

* Bond insurer MBIA said last week that David Moffett has resigned from the company's board of directors. Moffett was recently appointed the new chief executive of mortgage financier Freddie Mac, which earlier this week was taken over by the government. Shares of MBI fell 70 cents or 5.11% to $12.99 on Friday. The stock lost 8.5% on the week.

 

Wachovia Corporation, (NYSE:WB) a financial holding company, provides commercial and retail banking services, and other financial services in the United States and internationally. Its deposit products include savings, NOW, money market, and interest-bearing checking accounts, as well as noninterest-bearing deposits and other consumer time deposits.

* Wachovia said last Thursday that more than 1 million U.S. consumers have enrolled in its Way2Save program. Way2Save encourages customers to save by transferring $1 from their checking account into a savings account each time they make a check-card purchase or an electronic payment. Shares of WB finished flat on Friday, closing down just 1 cent or .07% to $14.27. The stock fell more than 25% last week.

General Motors Corporation (NYSE:GM) and its subsidiaries engage in the development, production, and marketing of cars, trucks, and related parts worldwide. It offers small, midsize, sports, and luxury cars; and pickup, van, utilities, and medium duty trucks.

 

* Over the weekend, General Motors agreed to expand its bail-out of Delphi, its biggest parts supplier, by boosting the value of its financial support from $6bn to $10.6bn and implementing the aid package sooner than planned. Aside from the buyout news, GM celebrates its 100th anniversary Tuesday. The automaker has lost $57.5 billion in the past 18 months, including $15.5 billion in the second quarter. Shares of GM added 26 cents or 2.04% to $13.01 on Friday.

 

Washington Mutual, Inc., (NYSE:WM) together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking Group, Card Services Group, Commercial Group, and Home Loans Group.

* Washington Mutual had an erratic day on the NYSE Friday after reports circulated that the bank would be riding off into the sunset with JPMorgan Chase. But there may be no fairytale ending for WaMu. Now the Street is waiting to see if the government will intercede or if WaMu is as sound as it claims to be. Shares sank 10 cents or 3.53% to $2.73 on Friday and plunged 34% last week.

Lehman Brothers Holdings, Inc., (NYSE:LEH) through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. The company operates in three segments: Capital Markets, Investment Banking, and Investment Management.

 

* Lehman Brothers Holdings teetered on the edge of insolvency Sunday night as potential acquirers backed away from a deal and federal officials balked at committing taxpayer funds to help save the Wall Street giant. Last minute talks with Barclays and Bank of America faltered Sunday, leaving Lehman not many options. Shares of Lehman lost 57 cents or 13.51% to $3.65 on Friday after hitting a new intraday low of $3.17. The stock lost 78% last week alone.

 

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

 

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The HIGH FIVE is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, LLC

 

 

 

 

 


LocateStock.com Daily High Five For Friday September 12, 2008

Jersey City, NJSeptember 12, 2008

 

The LocateStock.com HIGH FIVE for Friday, September 12th are:

                       

5 – MBIA – NYSE:MBI

4 – Wachovia – NYSE:WB

3 – Merrill Lynch – NYSE:MER

2 – Washington Mutual – NYSE:WM

1 – Lehman Brothers – NYSE:LEH

 

MBIA, Inc., (NYSE:MBI) through its subsidiaries, provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers and investors, and capital market participants worldwide. It operates through two segments, Insurance and Investment Management Services.

 

* Bond insurer MBIA said Wednesday night that David Moffett has resigned from the company's board of directors. Moffett was recently appointed the new chief executive of mortgage financier Freddie Mac, which earlier this week was taken over by the government. Shares of MBI fell 51 cents or 3.59% to $13.69 on Thursday.

 

Wachovia Corporation, (NYSE:WB) a financial holding company, provides commercial and retail banking services, and other financial services in the United States and internationally. Its deposit products include savings, NOW, money market, and interest-bearing checking accounts, as well as noninterest-bearing deposits and other consumer time deposits.

* Wachovia said Thursday that more than 1 million U.S. consumers have enrolled in its Way2Save program. Way2Save encourages customers to save by transferring $1 from their checking account into a savings account each time they make a check-card purchase or an electronic payment. Shares of WB fell 80 cents or 5.31% to $14.28 on Thursday. The stock has fallen more than 25% this week.

Merrill Lynch & Co., Inc., (NYSE:MER) together with its subsidiaries, provides investment, financing, insurance, and related services to individuals and institutions worldwide. It's Global Markets and Investment Banking segment offers various global market services, which facilitate client transactions and markets in securities, derivatives, currencies, commodities, and other financial instruments for clients; provides financing, securities clearing, settlement, and custody services; and engages in principal and private equity investing and proprietary trading activities.

 

* All the recent headline risk from Lehman has sparked bearish option activity in Merrill Lynch as well on concerns that Merrill could face a similar fate. Shares of MER fell $3.87 16.61% to $19.43 on Thursday.

Washington Mutual, Inc., (NYSE:WM) together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking Group, Card Services Group, Commercial Group, and Home Loans Group.

* Washington Mutual shares sank below $2 Thursday for the first time since 1990 as anxiety grew about the bank's losses, capital needs and survival prospects. Shares were able to reverse the low though, to end the day up 51 cents or 21.98% to $2.83 on the New York Stock Exchange. The stock has plunged 44% in the previous two days. However after the close, WaMu said it expects capital ratios to remain "significantly" above requirements for well-capitalized institutions. The bank said it expects a third-quarter loan loss provision of $4.5 billion, down from $5.9 billion in the second quarter.

Lehman Brothers Holdings, Inc., (NYSE:LEH) through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. The company operates in three segments: Capital Markets, Investment Banking, and Investment Management.

 

* Shares of Lehman Brothers have fallen more than 70% so far this week after the company's efforts to placate investor unease with a plan to spin off or sell troubled assets failed to inspire confidence. But after the bell on Thursday, the Wall Street Journal reported that Bank of America is in talks to buy Lehman Brothers. Shares fell $3.03 or 41.79% to $4.22 on all the unrest.

 

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

 

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. LocateStock TV is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, LLC

 

 

 

 

 


Thursday, September 11, 2008
LocateStock.com Daily High Five For Thursday September 11, 2008

Jersey City, NJSeptember 11, 2008

 

The LocateStock.com HIGH FIVE for Thursday, September 11th are:

                       

5 – Wachovia – NYSE:WB

4 – Fannie Mae – NYSE:FNM

3 – Freddie Mac – NYSE:FRE

2 – Washington Mutual – NYSE:WM

1 – Lehman Brothers – NYSE:LEH

 

Wachovia Corporation, (NYSE:WB) a financial holding company, provides commercial and retail banking services, and other financial services in the United States and internationally. Its deposit products include savings, NOW, money market, and interest-bearing checking accounts, as well as noninterest-bearing deposits and other consumer time deposits.

* Wachovia said Tuesday it is on track to reduce its exposure to troubled securities and loans by $20 billion this year, and still expects to reduce expenses by $2 billion by the end of 2009. The bank also disclosed that it will pay an up-front cash bonus of $4 million to its new chief financial officer and give him options on 1 million shares of the company's stock and 800,000 shares of performance-restricted stock awards. Wachovia shares fell an additional $1.16 or 7.14% to $15.08. The stock has fallen more than 20% this week.

Fannie Mae (NYSE:FNM) provides funds to mortgage lenders through the purchase of mortgage assets, and issues and guarantees mortgage-related securities that facilitate the flow of funds into the mortgage market in the United States. It operates in three segments: Single-Family Credit Guaranty, Housing and Community Development, and Capital Markets.

 

* Mortgage finance company Fannie Mae sold $7 billion in two-year notes Wednesday at prices that showed investors' fears about the company have subsided since the government took over Fannie last weekend. Fannie Mae said it was the largest-ever sale of such debt, indicating strong interest from investors now that the company is firmly in government hands. Shares of FNM fell 25 cents or 25.25% to 74 cents on Wednesday.

 

Freddie Mac (NYSE:FRE) engages in mortgage purchasing, credit guarantee, and portfolio investment activities in the United States. It purchases single-family and multi-family residential mortgages, and mortgage-related securities from lenders in the primary mortgage market that originate mortgages for homebuyers, including mortgage banking companies, commercial banks, savings banks, community banks, credit unions, state and local housing finance agencies, and savings and loan associations.

* Sen. John Cornyn of Texas, a top U.S. Senate Republican on Wednesday called for a criminal investigation of executives at Fannie Mae and Freddie Mac, marking the latest fallout since the government announced over the weekend it would take the reins of the firms. Freddie shares fell 22 cents or 25% to just 66 cents.

Washington Mutual, Inc., (NYSE:WM) together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking Group, Card Services Group, Commercial Group, and Home Loans Group.

* Washington Mutual's stock sank as much as 30% Wednesday to its lowest level in 17 years and the perceived risk of its debt soared on concern it won't find a buyer or raise enough capital to combat soaring mortgage losses. Shares of the largest U.S. savings and loan were lost 98 cents or 29.70% to $2.32 on the NYSE after falling as low as $2.30, the lowest level since January 1991. WaMu shares are down 46% this week.

Lehman Brothers Holdings, Inc., (NYSE:LEH) through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. The company operates in three segments: Capital Markets, Investment Banking, and Investment Management.

 

* Credit spreads on Lehman Brothers debt widened sharply Wednesday afternoon after the investment bank announced it lost $3.9 billion during its fiscal third quarter and is looking at ways to raise fresh capital to shore up its balance sheet. Shares of Lehman fell an additional 54 cents or 6.93% to $7.25 after hitting a new low of $6.93 mid-day. Shares are down 55% so far this week.

 

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

 

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. LocateStock TV is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, LLC

 

 

 

 

 


Wednesday, September 10, 2008
LocateStock.com Daily High Five For Wednesday September 10, 2008