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Daily Archives: July 22nd, 2009

Earnings, Earnings, And More Earnings! SPX, Nasdaq, MS, WFC, GS, QCOM, EBAY, VMW, ISRG, EDU, AMZN, DECK, MSFT, BIDU

Financials were weak to start as MS posted a $1.2 billion quarterly loss and WFC, although reporting better-than-expected results, spooked investors with continuing loan problems.  MS ended the day flat and WFC lost 3.55%.  Financials got stronger during the day.  GS closed in the green as it redeemed the outstanding warrants the US government received through [...]

What Happened to ONAV?

Omega Navigation is a small cap Greek owned shipping company which transports crude oil and refined crude oil products. It used to be priced in the mid 20′s per share, but today it is a mere $3.61. Did its ships sink? Captured by pirates? No, but the story is still interesting. You can see from [...]