S&P

S&P “opens” up to RedHat - RedHat (RHT) replaces CIT in S&P 500 index.

Raleigh , NC based ; NYSE Listed  Redhat  (RHT) , provider of  open source software solutions to enterprises and largely associated with it’s Red Hat Linux Operating system is included to prestigious  S&P 500 index after the market close on Friday. RedHat is replacing financially beleaguer

[ read more ]

Bet the House : Here comes Direxion 3X US Domestic REIT ETFs - DRN & DRV

Bet the House : Here comes Direxion 3X US Domestic REIT ETFs - DRN & DRV

Direxion Funds leading provider of leveraged Exchange Trade Funds (ETF's) today introduced 3X US Domestic REIT ETF that track of 300% of the price performance of the MSCI US REIT Index. These funds are mainly focused towards US domestic commercial REITs. DRN - Daily Real Estate Bear 3x Shares p

[ read more ]

In role reversal :

In role reversal : “BIG Blue” IBM excites , “Multi color” Google bores

On July 16 after hours , Armonk , NY based IBM  & Mountain View , CA based Google , both  tech giants on their own merits , reported their last quarter earnings numbers. "Big Blue" Consulting and services based IBM blew past estimates and raised guidance. Web 2.0 era open source savvy , "m

[ read more ]

Mosaic Company - Is it on the block? Rumors of VALE's interest surfaces.

Mosaic Company - Is it on the block? Rumors of VALE’s interest surfaces.

NYSE Listed (Ticker:MOS)  Mosaic company ,one of the major producers  of concentrated phosphate and potash crop nutrients for the agriculture industry , saw it shares spiked 12% on heavy trading owing to the rumor that Brazil based second-largest mining company & largest iron producer VALE may

[ read more ]

RosettaStone throws a

RosettaStone throws a “Stone” at Google on trademark infringement in adwords

Rosetta stone , leading provider of proprietary language learning software , which went on IPO on Apr 15 , 2009 under the ticket RST listed in NYSE , today sued Google alleging that Google's flagship adwords program is encouraging misdemeanors to use Rosetta Stone trademarks as keywords and  there

[ read more ]

Direxion prop up leveraged ETF (FAS,FAZ) by reverse split.

Direxion prop up leveraged ETF (FAS,FAZ) by reverse split.

Direxion Funds leading provider of leveraged Exchange Trade Funds (ETF's) that intend to provide performance of 300% of underlying index that they track both on the long & short side, today "reverse split" two of its popular, 3 X financial ETF - FAS & FAZ. FAS provides 3 X performance of

[ read more ]