India Shares Investment Blog

Filed under: Stocks to Buy

The stock of utility FPL Group (FPL), which I first wrote about on March 3, 2009, at a price of $43.30, has retreated in the past six months, but the business model is still preferred. Here’s why:

FPL appears to have declined on investor sentiment that the economic recovery in the company’s key power market, Florida, will lag the U.S. recovery, and on a considerably lower-than-expected electric rate increase, $75 million as opposed to FPL’s $1 billion request, from the Florida Public Service Commission. Hence, the exit of some short-term investors was to be expected.

Continue reading FPL Group: An Undervalued Utility

FPL Group: An Undervalued Utility originally appeared on BloggingStocks on Fri, 19 Mar 2010 16:00:00 EST. Please see our terms for use of feeds.

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Filed under: Next Big Thing

Over the years, I’ve received various gift cards. Some of them I have not used and some I have lost.

And I’m not alone. Keep in mind that there is an estimated $30 billion in unredeemed gift cards.

But a startup company, Plastic Jungle, wants to help out. The company operates an online marketplace for gift cards.

Continue reading Plastic Jungle: Gift Card Marketplace Nabs $7.4 Million

Plastic Jungle: Gift Card Marketplace Nabs $7.4 Million originally appeared on BloggingStocks on Fri, 19 Mar 2010 15:30:00 EST. Please see our terms for use of feeds.

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Filed under: Deals, Technology

A day before it was set to go under the gavel, the sale of Sex.com stalled. The domain name was set to be auction, but an involuntary Chapter 11 filing by three of the company’s creditors has put the brakes on the bidding. Escom LLC, which owns Sex.com, his on the hook, it seems, for an eight-figure tab.

The creditors’ petition, filed in U.S. Bankruptcy Court shortly after noon yesterday by Washington Technology Associates, iEntertainment, Inc. and AccountingMatters.com LLC, claims that Sex.com owes them $10,092,118.68, according to a report by adult entertainment industry trade publication AVN (NSFW).

Continue reading Sex.com Sale Stalled by Involuntary Bankruptcy Filing

Sex.com Sale Stalled by Involuntary Bankruptcy Filing originally appeared on BloggingStocks on Fri, 19 Mar 2010 15:00:00 EST. Please see our terms for use of feeds.

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Filed under: Honeywell Intl (HON), Stocks to Buy

It’s probably now or never regarding positioning yourself for an outsized gain in this economic expansion with Honeywell International (HON), first discussed here on February 26, 2009 at a price of $26.86.

A February share dip to about $37 created a value opportunity extraordinaire with Honeywell, and the shares have since accelerated out of those lows.

Continue reading Honeywell’s Train Is Leaving the Station

Honeywell’s Train Is Leaving the Station originally appeared on BloggingStocks on Fri, 19 Mar 2010 14:30:00 EST. Please see our terms for use of feeds.

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