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OceanFreight Inc Major Negative News Release – OCNF – Suspends Cash Dividend

I was of course a victum of this crazy stock so just wanted to do everyone a favor and make sure you don’t get taken for the same ride These goofs were advertising a crazy high dividend and then last Friday after market decided to kill the damn stock with their news [...]

Advanta Small Businesses Want to Give Back Despite Economy

Over 40 percent of small businesses don’t give as much to charity as they would like, and 60 percent of small businesses blame the current economy for the stagnation or reduction in their charitable giving, according to a survey commissioned by Advanta in collaboration with the Chronicle of Philanthropy. In order to provide an affordable [...]

Stocks Fall AGAIN as earnings jitters take hold. 10-21-08

Stocks slumped Tuesday as mixed corporate earnings reports gave investors a reason to retreat after the previous session’s big rally.
The Dow Jones industrial average (INDU) lost 231 points or 2.5%. The Standard & Poor’s 500 (SPX) index lost 3.1% and the Nasdaq composite (COMP) lost 4.1%.
Lending rates continued to improve, helping to reassure investors that [...]

Citi Downgrades Permian Basin Royalty Trust (PBT) to Hold

Citi downgrades Permian Basin Royalty Trust (NYSE: PBT) from Buy to Hold. Price target increased from $17 to $20.
Citi analyst says, “The decision to lower our rating is based on the trust’s current valuation. The units have appreciated by nearly 39.5% since mid December through March 11, 2008 (e.g. which compares favorably [...]

Pengrowth Energy Trust “sector underperform,” target price raised

3:47a.m. – Peters & Co
NEW YORK, March 17 (newratings.com) – Analysts at Peters & Co maintain their “sector underperform” rating on Pengrowth Energy Trust (PGF.UN) and (PGH.NYS) NYSE. The 12-month target price has been raised to $17.
In a research note published on March 14, the analysts mention that the company’s [...]

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