Bulls on Board Eagle Bulk Shipping
optionMONSTER submits: By David RussellOptions action turned bullish in Eagle Bulk Shipping yesterday as investors targeted a stock still trading at one-quarter of its pre-crisis levels.Complete Story » seekingalpha.com |
Ford: The Good News Keeps on Coming
Michael Terry submits:On the tape this AM (via Bloomerg):Ford Motor Co.’s (F) finance unit boosted the size of its planned sale of bonds backed by payments from auto dealers to $1.25 billion, according to a person familiar with the offering.Complete Story » seekingalpha.com |
Toyota Turns to Twitter to Repair Its Image
TechCrunch submits: By Leena RaoToyota (TM) has been dealing with negative backlash from the massive safety recalls of its vehicles; and is even suffering in terms of sales. So what does the company do to repair its image? Turn to Twitter, of course! The Japanese auto giant has launched a branded channel on TweetMeme, in partnership with Federated Media, which aggregates and organize Twitter conversations regarding Toyota.Complete Story » seekingalpha.com |
Good News for Airlines JetBlue, Southwest, American
Wall Street Cheat Sheet submits: By Carolyn AustinThe New York Times reported that 2010 is expected to be a year of profitability for airlines after two years of steep losses, according to a Geneva-based trade group. The only exception to the forecast are European airlines, handicapped by a weaker recovery and volcanic eruptions in Iceland, which are expected to turn a profit in 2011.Complete Story » seekingalpha.com |
Large Cap Defense Stocks: Option Traders See Limited Downside
Joe Kunkle submits:A trend emerged yesterday as I was going through my nightly scans to find unusual options activity; four of the largest Defense/Aerospace firms all traded around 6 times average daily put volume. Now, most would go on to assume that this is a bad sign, but the puts were all being sold at the bid, opening put sellers. Institutional traders will often sell puts at a level that is seen as major support, unlikely for shares to trade below, looking to collect the premium from the transaction, and if shares do break below the strike price, the trader is willing to take delivery of a large block of shares as a long position.Complete Story » seekingalpha.com |