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| Currency | US Dollar |
|---|---|
| British Pound to US Dollar | 1.662787 |
| Euro to US Dollar | 1.512630 |
| Japanese Yen to US Dollar | 0.011380 |
| Canadian Dollar to US Dollar | 0.953016 |
Blogs We Like
- 24/7 Wall Street
- The Confused Capitalist
- DealBook
- DealBreaker.com
- Huffington Post Business
- Nouriel Roubini's blog
- Seeking Alpha
- The Big Picture
- Floyd Norris: Notions on High and Low Finance
- Daily Speculations
- Ticker Sense
- Freakonomics
- Beat the Press
- Kudlow's Money Politic$
- Brad DeLong's Semi-Daily Journal
- DigStock Dig Blog
- Silicon Alley Insider
- MSN Money Smart Spending
- The Disciplined Investor
- Howard Lindzon
- Market Movers
Feeling contrarian today?
I'd like to submit Idenix Pharmaceuticals (IDIX) and possibly become the first submitter to be carrying an underperform pick on the same stock in his own profile. The stock is down 26% from my red thumb nearly two years ago but the S&P is also down 22% and I don't want to close such a longstanding pick without a positive score.
Here's my outperform pitch:
Virtually unlimited access to cheap money blurred lines between what mades economic sense and what did not.
Virtually unlimited access to cheap money blurs lines between what makes economic sense and what doesn’t. If it can be financed, it will be built.
Dubai’s plan to diversify away from petrochemicals made sense. Maybe it is destined to become the Las Vegas of the Middle East, the Mecca of business travel and luxury.
Dubai, however, is like NASA; both have proven that anything is possible when you ignore economic costs. Many technological discoveries were made in the process of putting a man on the moon; but the project did have, and was expected to have, a negative return on capital.
Maxwell Technologies shares drop on disappointing quarterly earnings, but the numbers are encouraging long-term.
I hate it when this happens: A perfectly good growth stock gets adopted by momentum investors.
It soars in the days before the company issues earnings on the hope that the good news already in the stock price will turn into great news in the quarterly report. When it doesn't, the stock crashes as momentum investors move on.
Unfortunately, this could also scare growth investors into selling when they should be hanging on or even buying more. (For coping with this twitch-inducing market, see my Nov. 20 post).
That's exactly the story of Maxwell Technologies (MXWL) in the last month or so.
Green Mountain is upping its bid for Diedrich Coffee, but why is the battle so heated? It's all about the K-Cups.

By Jeanine Poggi, TheStreet.com
The battle for Diedrich Coffee heated up after Green Mountain Coffee Roasters sweetened its bid today.
Green Mountain offered to pay up to $290 million, or $35 a share, significantly higher than Peet's Coffee & Tea's bid of $32.50 a share.
The revised agreement also includes a termination fee of $8.5 million to $11.5 million. If the deal is terminated by either party, the fee will be payable to Diedrich, depending on the circumstances.
Among the top 500 retail Web sites, Amazon attracted 15.5% of all visitors, a new report says.
By Jeanine Poggi, TheStreet.com
Amazon was the most-visited Web site on Cyber Monday, according to a new report.
The online retailer received 15.5% of the visits among the top 500 retail Web sites tracked by Experian Hitwise, an analytics firm. Amazon has been the most visited Web site on Cyber Monday since 2006.
Wal-Mart came in second with 9.5% of visits, followed by Target with 5.2%, Best Buy with 3.6% and J.C. Penney with 2.6%.
Alleged Ponzi schemer charged with fraud, authorities trying to recover expensive items purchased.
The disbarred Florida lawyer, who pleaded not guilty to running a $1.2 billion Ponzi scheme, poured money into hot cars, mansions and luxury boats, prosecutors say.
He allegedly used the money he made to buy 23 properties from Florida to Manhattan as well as a white Lamborghini, a red Ferrari Spider and 304 pieces of jewelry. Officials are also trying to recover his collection of guitars and sports memorabilia.
What's striking about this alleged fraudster is how much he flaunted the money he is charged with scamming from clients.
StockScouter data provided by Gradient Analytics, Inc.
Quotes supplied by Interactive Data.
MSN Money's editorial goal is to provide a forum for personal finance and investment ideas. Our articles, columns, message board posts and other features should not be construed as investment advice, nor does their appearance imply an endorsement by Microsoft of any specific security or trading strategy. An investor's best course of action must be based on individual circumstances.
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