Continue reading Ray of Light: Risk Appetite Has Increased

Ray of Light: Risk Appetite Has Increased originally appeared on BloggingStocks on Thu, 29 Jul 2010 14:00:00 EST. Please see our terms for use of feeds.

Genzyme (GENZ – option chain) shares are rising today on a report in the Wall Street Journal which says that Sanofi-Aventis SA (SNY) could make a formal takeover offer to GENZ’s board that could be worth about $20 billion. SNY declined to comment on the report. If you think that the stock won’t fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on GENZ.

GENZ opened this morning at $70.31. So far today the stock has hit a low of $69.97 and a high of $70.97. As of 11:55, GENZ is trading at $70.09 up $2.09 (3.1%). The chart for GENZ looks bullish and S&P gives GENZ a positive 4 STARS (out of 5) buy ranking.

Continue reading Genzyme Lifted By Takeover Speculation

Genzyme Lifted By Takeover Speculation originally appeared on BloggingStocks on Thu, 29 Jul 2010 13:30:00 EST. Please see our terms for use of feeds.

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Genzyme – Sanofi-Aventis – Wall Street Journal – Technical Analysis – BloggingStocks

Inflation data has come put today and “The annual rate of inflation, calculated on point to point basis, stood at 14.50% (Provisional) for the week ended 17 July 2010 compared with 16.48% last week “.

The index for ‘Food Articles’ group rose by 0.6% to 299.3 (Provisional) from 297.6 (Provisional) for the previous week due to higher prices of fish-marine (3%), gram and milk (2% each) and mutton, urad, wheat, tea and maize (1% each). Meanwhile, the prices of fish-inland and rice (1% each) declined. The annual rate of food inflation eased to 13 months low of 9.7% in the week ended 17 July 2010 its down to a single digit now.

Inflation and Food Inflation data for week ending 17th july 2010 is a post from: First Blog for Indian Financial Market

Since I first discussed Stanley Works (SWK) here on February 10, 2009, at a price of $32.48, the shares have pulled-back roughly in-sync with the Dow's recent retreat. But they have since found support near $50, and I obviously still like the shares. Here's why.

Look for experienced, battle-tested Stanley Works to post a nearly 100% revenue increase in 2010, mostly on the strength of its Black & Decker acquisition, but also as the tool sector benefits from strong growth in emerging markets. A factor that's up in the air? The status of the U.S. economic expansion in the second half of 2010.

Continue reading Stanley Works: Low-Profile Hardware Gem

Stanley Works: Low-Profile Hardware Gem originally appeared on BloggingStocks on Thu, 29 Jul 2010 12:30:00 EST. Please see our terms for use of feeds.