Miles J. Stoner, @StockHollywood

Dallas, Texas

7.25.2010

July 26

  • Solid Session, Week Lands DJIA Nearly Even for the Year  
  • The Obama administration on Friday proposed trying to enhance access for people with disabilities to websites for hotels, retail stores and other public sites as well as improve access to movie theaters.
  • Gulf storm puts BP spill work on hold, short BP again.
  • Private sector must drive economy: Geithner////Treasury secretary plans big changes for Fannie and Freddie.
  • With payday loans, poor get the loans, firms get the payday
    • North Texas is an industry epicenter, home to small-dollar corporate giants such as Fort Worth-based Cash America International Inc. (CSH:$34.02,00$-0.07,00-0.21%) and Irving-based Ace Cash Express. The Cash Store belongs to Irving-based Cottonwood Financial.
  •  Geithner: White House To Push To Allow Bush Tax Cuts For Wealthy To Expire
    • Geithner Says Allowing Tax Cuts To Expire Won't Slow Growth  
  •  
  1. Align Technology Inc (ALGN:$17.12,00$2.29,0015.44%) rose 15.4 percent after the orthodontic product maker posted quarterly results that beat estimates and forecast a sunny outlook for the third quarter.
  2. Shares in Riverbed Technology Inc (RVBD:$35.83,00$4.42,0014.07%) rose 14.1 percent and touched a year high after growth in product revenue boosted its earnings. It also guided its third quarter above Wall Street's view.
  3. Acquisitions also helped stocks. Shares of oil and gas explorer Quicksilver Resources Inc (KWK:$13.12,00$0.37,002.90%) rose 2.9 percent to $13.12 a day after the company agreed to sell its limited partnership in a deal that will help reduce its debt.
  4. Qlogic Corp (QLGC:$15.76,00$-3.09,00-16.39%) fell 16.4 percent to $15.76 after the network equipment maker posted a first-quarter profit that beat analysts' expectations by a cent, but revenue trailed Wall Street's forecast.
  5. Lender Processing Services Inc (LPS:$31.99,00$-2.30,00-6.71%) fell 6.7 percent to $31.99. The company posted an in-line quarterly profit but forecast third-quarter profit below analysts' expectations and cut 2010 revenue outlook. 
  6. Power Integrations (POWI:$36.05,00$0.52,001.46%) today announced that a federal district court has found that Fairchild Semiconductor willfully infringed its patents. Fairchild was found to infringe four of the company's patents following a jury trial in October 2006; the jury rejected Fairchild's challenges to the validity of the patents in September 2007; the court rejected Fairchild's enforceability challenges in September 2008; and the finding of willfulness follows a bench trial conducted in June 2009. The infringement was found to be willful on each of the four patents involved in the case.
  7. Netflix, Inc. (NFLX:$107.70,00$4.14,004.00%) expected to report Q3 2010 results on October 21, 2010. This event was calculated by Capital IQ (Created on July 24, 2010)
    • I own 300 shares of this company at 101 roughly, only reason I'm mentioning. I think they are worth 130, by next quarter. 
The Ten Best Gaining Stocks for 2010 so far...
  1. ZION
  2. AKAM
  3. HBAN
  4. SNDK
  5. TIE
  6. CMI
  7. KEY
  8. HSY
  9. TSN
  10. DPS
  1. HPP - $17, purchase worth 18.75milliong dollars, trading at 16.15, long this give it a week or so, you be up 90 cents+, boomwin.