A-Z Stock Listings | ETF Screener | Mutual Funds | CEO Wealthmeter | Metals | Oil & Energy
Currencies | Treasury Rates | Calculators | My Watchlist | My Portfolio
| Symbol Lookup |
|
| Mon, Dec 10, 2007 | ||
|
|
Tutogen Medical (TTG) Reports Q4 Earnings
Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=3187290 for the full story.
-
StreetInsider
|
|
| Wed, Nov 14, 2007 | ||
|
|
Comtex SmarTrend® Spotlights 11/14/2007
SmarTrend® DOWNTREND Alert: Isle of Capri Casinos, Inc. (
-
Comtex SmarTrend® Ne...
|
|
| Tue, Sep 11, 2007 | ||
|
|
Monotype Imaging Holdings, Tutogen Medical and Audible among new 52-week highs
Monotype Imaging Holdings Inc. (
-
SmallCapInvestor.com
|
|
| Tue, Sep 04, 2007 | ||
|
|
Tutogen Medical (TTG) Announces Expansion of Partnership with Zimmer Dental (ZMH)
Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=2925611 for the full story.
-
StreetInsider
|
|
| Fri, Jun 01, 2007 | ||
|
|
Roth Capital Initiates Coverage on Tutogen Medical (TTG) with a Hold
Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=2397564 for the full story.
-
StreetInsider
|
|
| More News | ||
|
|
| Mon, Dec 10, 2007 | ||
|
|
The Greek's Week Ahead - Alone on an Island, "The Fed Will NOT Cut!"
The Greek's Week Ahead has been engineered to prepare you for the events that could impact your portfolio this week.
Wall Street Greek is alone on an island. That would not be such a bad thing though, if it was one of my treasured summer paradises of the Aegean. I am of course speaking in the figurative sense, regarding my expectation for the Federal Open Market Committee meeting decision, which is due on December 11th. Pundit after pundit, economist and sector strategist alike, are all discussing a Fed cut as if it were a foregone conclusion, despite the Fed's own words to the contrary. Ah, but you will point to Donald Kohn's recent address that seems to draw most, like a Siren's song, to the view that a cut is certain. It was of course his speech that set the market off running and speculating. I am very disappointed in the majority of experts who have set their expectations based on the speeches of Kohn and Bernanke. I warn those reckless sailors, beware the rocky shores she draws you toward! I have to ask, have you listened to the whole speech, or are you taking some underpaid newspaper writer's word for it? (read a guy just like me) Well, I think that if you watched the speech or read the transcript, then you would have heard Donald qualify his statements, saying that his views were not necessarily those of the Fed on the whole. It was not just that though that convinced me to vote against the majority, it was his body language as he said it. Also, if you really listened and watched Bernanke's speech, you would have captured in memory his telling facial expressions as he discussed the Fed's need to be flexible. To me it was clear he was still in a position of neutrality that day, and the data released since has not been supportive of Fed action. Last week's jobs data seemed especially defiant. Of first and foremost concern, the Treasury Secretary and President took some weight off the Fed chief's shoulders with their important announcement last week. If the collateral that supports mortgage backed securities and SIVs receives reinforcement from government policy, then credit markets (and equity) should find support as well. Oh, and if you (read every overpaid pundit who thinks the Fed will cut rates, some of which are still expecting a 50 point move) missed the Fed's innuendo and body language, then go back and read the policy statement from the last meeting. Within it let me remind you, the Fed told us the risks were balanced on both sides of the equation, and the group clearly positioned itself as neutral. If you don't recall that, I'm sure you could not forget the market's dive since. The market you see, she is efficient, and despite the media and pundit calls for the next Fed cut, she was betting otherwise. I love that girl, because she never lies. So, here I stand on this deserted island, like Tom Hanks in Castaway. Talking to myself and eating lunch with a volleyball, but what am I saying? That's what matters. The market has gained back some ground of late, and I expect she will give that all back in somewhat drastic fashion when the headless chickens starting running around in shock. "How could she surprise us like this," they will exclaim. But, you and I will know better.
Your Market-Moving Event Schedule:
On Monday, Reverand Jesse Jackson and other civil rights leaders plan to hold rallies across the country, including one on Wall Street. The protestors are calling on corporate America to take action, or more than they have, to stop home foreclosures. While Jackson puts on a good show, corporate America, especially those firms involved (read Hovnanian ( Some might suggest Jesse take his protest a few blocks over, down to Water Street, to the offices of one rating agency that had a lot to do with the questionable assessment of risk on the now illiquid securities. That same agency and its peers are now seemingly preparing to downgrade securities that should not have been so highly rated in the first place, and this action following prior absence of diligence, could also prove detrimental to the cause of stability. The Greek, or Hugo Chavez, would ask the President to make a phone call and stop the whole mess, but I'm not sure he can. I'm referring to the debacle of last week regarding the assessment of Iran by our nation's intelligence agencies. Maybe that was just payback though for dealing George Tenet such an improper exit for his loyalty. You know, the CIA doesn't fear anybody, not even George Bush. If any of you readers have Jesse Jackson's ear, tell him to head over to Water after he's through on Wall Street.
The prettiest Presidente gets sworn in as Argentina's new leader, Cristina Fernandez de Kirchner. Never has Argentina had such a magical leader, well not since the famed "hand of God" incident in the World Cup. Maybe she has the answer to thwart Chavez's South American plans. Perhaps if Columbia does not work out for us as a good diversion for Chavez, then Cristina could. While the economic calendar is relatively bare, October Pending Home sales are scheduled to be reported at 10:00 a.m. They actually rose 0.2% in September after having fallen 6.5% in August. Monday's earnings schedule is light and includes H&R Block (
I would say that things could get a little more interesting on Tuesday, when the FOMC makes its announcement at 2:15 p.m. A 25 basis point move would basically seal the deal in my view and allow the market to tread higher, but I just do not see it as the most likely scenario. You know my call, no action on the Fed funds rate, but I expect a small cut on the discount rate. I expect the market to react poorly, but this will set up an opportunity for a decent Santa Claus rally or January effect in due time. Tax loss selling will soon lose its steam, if it hasn't already. At 7:45 a.m., the ICSC-UBS will report weekly same-store sales, and we will get an idea of how strong the follow-through was in the week following Black Friday. Last week's reading showed 3.1% growth year-over-year. At 10:00 a.m., October Wholesale Trade will be reported. Barron's lists consensus expectations for wholesale inventories to rise 0.5%. Inventories grew 0.1% and 0.8% in August and September, respectively.
AT&T (
Wednesday will kick off with the regular weekly Purchase Applications Report from the Mortgage Bankers Association. At 8:30, October International Trade is expected to show the deficit widened to $57.3 billion from $56.5 billion in September. November Import Prices are also scheduled for release, and Barron's notes the economists' consensus for a 2.0% increase, versus a 1.8% increase in October. Rising oil prices should have played a role. At 10:00, the Census Bureau will report its Quarterly Services Survey. This quarter's survey will be focused on information and technology-related service industries accounting for roughly 15% of GDP. At 10:30, the EIA will publish its weekly Petroleum Status Report, but I believe the most important factor impacting oil this week should be the repercussions of the NIE Report. Thus, I am looking for oil to continue on its downtrend again this week. However, since the report and the President's press conference that followed, Israel's leader has stated that Iran has indeed restarted its program. We read last week that Israel was set to share intelligence with the U.S. on the subject. Wednesday's earnings reports include ADC (
Thursday looks to offer a busy morning. The Producer Price Index for November is expected to show a 1.5% increase, compared to 0.1% in October. Reuters places price expectations less food and energy at a 0.2% increase. Retail sales for November will also be announced, and last week individual retailers offered up mixed but mostly weak chain store sales results. Reuters shows expectations for a 0.5% increase, versus 0.2% in October. Weekly Initial Jobless Claims will round out the early reports, and will match against last week's claims of 338,000. At 10:00, Business Inventories for October are seen increasing 0.3%, compared to a 0.4% rise in September. The EIA Natural Gas Report will follow that up, and considering the cold spell in the Northeast, the result might look bullish. However, strategists will look toward the 10-day and long-term forecasts, which seem to both point toward warmer weather.
Thursday's earnings news will emanate from BRT Realty Trust ( Quadruple Witching could spur volatility on Friday, while the Consumer Price Index headlines all news. November's CPI is seen increasing 0.6%, versus 0.2% in October, and 0.2% (0.2%) excluding food and energy. Industrial production for November is expected to rise 0.1%, aftering falling 0.5% in October. Capacity Utilization is expected to match October with a November reading of 81.7%.
Friday's earnings reporters include Arrowhead Research ( Your support of our advertisers sustains our effort, so please take a minute to help fuel our bold independent endeavor. Receive Wall Street Greek FREE via email by subscribing here . ( disclosure ) |
|
| Mon, Dec 03, 2007 | ||
|
|
The Greek's Week Ahead - The Secret
The Greek's Week Ahead has been engineered to prepare you for the events that could impact your portfolio this week.
In Friday's "Morning Report" I attempted to discern exactly who was to blame for recent market volatility. Volatility is often the result of a lack of clarity, and so I sought to determine exactly who had confused things so badly. The three parties I subjectively decided should be brought in for questioning included the usual suspects, the Fed, the media and that sneaky market, including the whole gang of its participants. Recall, I pardoned the market on Friday, since it is considered efficient in assimilating information. I gave the media a break also, referring to its impact as just a skewing factor. In retrospect, I believe I may have wrongly accused the Fed. As I thought about it over the weekend, I recalled an old business school exercise, which for lack of perfect recall I've renamed "The Secret." Imagine a circle of people (please practice this at a dinner party some time). If one person within the circle whispers something, some statement of fact that only he knows, to the person to his immediate right, and then each following person passes the message on until it reaches the last party, I think you'll find a surprising result. It's funny how a simple statement of fact can evolve into something a little different. When that last person compares his fact to that of the first, the two generally will not quite match, especially the first time you try it before everyone is on guard. In fact, the two could be drastically different.
This is why I propose the blame may not solely fall on the Fed. At the October FOMC policy meeting, the Fed clearly stated its intention to settle into a neutral position regarding its target rate. This was clear, unequivocally clear to me anyhow. However, within the hour of the news release market pundits already doubted the Fed's sincerity. The media also found tidbits of information within the announcement to feed the public other possibilities to ponder beyond the main message. As time passed, Fed representatives themselves spoke publicly, delivering much more information than "we're neutral." Market participants also partook in active speculation publicly, and also impacted the flow of news and opinion. So what I'm saying is that the story changed somewhere from October to now. Meanwhile, the real story may not have changed at all. The Fed may actually still be neutral. Yes, despite Fed funds rate indicators, economists' consensus and even Vice-Chair Kohn's comments, which I must note were qualified as being of his opinion solely, we still may be neutral. But the media didn't mention that Kohn qualification in all the hoopla did they? You would have to actually go and listen to the speech to get that. I listened to Bernanke as well, and I found him sounding like a man who was still on the fence. I'm sorry to spoil your cake. There's nothing new in Bernanke's statement of "nimbleness and flexibility." We've been reading this from Mishkin, especially, as regularly as the sunrise. Yes, credit markets have regressed and the financial sector has written off the kitchen sink, but some Fed policy makers are expecting their last 75 points of action plus the Treasury's pending proposals to help in a substantive way soon. In other words, the secret is out folks, but it's changed. Depending on some key data points due for release this week, I still believe there's a decent chance of Fed inaction on December 11th. With this in mind, and if the market continues bullish into the announcement, I think we could be in for a major collapse rivaling another 11th related trading period of the past. However, a lot will happen between then and now, and I'll keep close tabs on it for you. Now let's take a look at the week ahead... On Monday, Treasury Secretary Henry Paulson is scheduled to comment on his most recent efforts to mitigate mortgage market issues. This secret is out as well, and it has to do with freezing rates on specific qualified ARMS loans temporarily, which should only delay the inevitable for those who still will not be able to afford their mortgage when rates reset. However, it may bide some time and allow for refinancing out of tough loans while also giving the mortgage derivatives market a chance to unwind or be sold to vested interests or the giant hypothetical superfund. This not bad news should start the market right where it left off on Friday, rising; this of course barring any new significant financial sector blowup. San Francisco Fed President Janet Yellen probably can't dent the impact of last week's powerful speakers when she makes a scheduled address on Monday. The first bit of economic data hits the wires at 10:00 a.m., with the reporting of the November ISM Manufacturing Index. Last week's Beige Book seems to portend weakness here, but the NAPM - Chicago came in well ahead of expectations at 52.9. Bloomberg's consensus of economists are looking for an ISM reading of 50.4 for November, compared to 50.9 in October. Remember, 50 marks the break point between contraction and expansion of the manufacturing sector. Motor vehicle sales will be reported for November at 4 p.m., with expectations for 12.1 million vehicles, compared to the same figure in October. Barron's published an important article about a notable event that is to take place Monday (see the Tech Trader column). Some very useful wireless spectrum is going up for auction, and applications are due Monday. According to Barron's, old VHF and UHF airwaves could prove extremely valuable for wireless broadband providers, and interest is expected from the likes of AT&T ( MetLife ( Tuesday's slate is relatively bare, but we'll be looking for the regular ICSC-UBS Weekly Same-Store Sales Report. Last week's data, which included Black Friday, showed a 2.5% year-to-year improvement. The Bank of Canada could cut rates in order to help export sales, according to Brown Brothers Harriman, as quoted in Barron's. Merck ( The tide may turn on Wednesday, as three controversial reports might offer negative news to the market. The first news should arrive from OPEC's long anticipated meeting, from which many were expecting a production hike. However, oil prices dipped to below $90 last week, possibly prompting the body wait on a follow-up to its November production boost. The second potentially threatening news is scheduled from Challenger, Gray & Christmas' November Job-Cut Report. We do not have a forecast for the job-cut data, but September and October's reports measured 71,739 and 63,114, respectively. Finally, the ADP Employment Report for November is due. Seen as the prelude to Friday's Employment Situation Report, this could move the market. While no forecast is available, September and October reached 58,000 and 106,000, respectively. Without guessing the result, I expect the market is more likely to react to negative news than it is to believe in a positive reading. Wednesday will prove a very busy day with several other economic data bits due. The Mortgage Bankers Association issues its regular Purchase Applications Report bright and early. At 8:30 a.m. EST, third quarter nonfarm productivity is scheduled for revision, with the consensus expecting productivity to be revised higher to 5.7% improvement from the 4.9% previously noted. Unit labor costs are expected to slip 1.1% (-0.2%). This data should not prove too important after the GDP revision last week. October Factory Orders are seen unchanged, compared to a 0.2% increase in September. Indeed, durable goods orders were reported weak (-0.4%) just last week. At 10:00, look for the ISM Nonmanufacturing Survey for November to measure 54.8, versus 55.8 in October. Pending Home Sales are also set for release; September showed a 0.2% month-to-month increase. Least we forget, the EIA Petroleum Status Report will meet its regular 10:30 deadline and is well-matched to the OPEC news of this same day. Bristol-Myers Squibb ( Thursday gets busy with a packed schedule. The Monster Employment Index will add to the data overload regarding the employment picture this week. Then, Weekly Initial Jobless Claims are seen at 335K, after rocketing higher last week. The Bank of England and the European Central Bank are both slated to announce interest rate decisions, and a growing number of folk are starting to look to a BOE rate cut based on similar concerns to the U.S. market. Europe is contending with rising inflation alongside economic concerns, and thus stuck in a quandary. Chain store sales are due for November, and this news will be very important of course, but since it is fragmented among all the individual companies, it could prove confusing. The regular EIA Natural Gas Report is due at 10:30. With temperatures getting chilly in the Northeast, nat gas prices could rise into this report, and then react to it negatively depending on the forward 10-day forecast. Ely Lilly ( On Friday, all will anticipate the "granddaddy of all economic reports," the Employment Situation Report. At 8:30, nonfarm payrolls are seen increasing 65,000 in November, while unemployment rises to 4.8%. Average hourly earnings are expected to rise 0.3%. That volatile and recently unpredictable nonfarm payroll number is the market-mover of this group. It's highly unlikely unemployment would rise more than the tenth of a percentage point estimated. But that's not all folks! We have a trio of consumer reports to deal with as well. The RBC Cash Index at 9:00 a.m. will offer the first look at consumer confidence, before the widely followed Michigan Consumer Sentiment for December is reported. Expectations are for a reading of 76, compared to November's 76.1 (revised from 75). Topping off the week's economic news, Consumer Credit is seen increasing by $9.0 billion in October. That's a hot number I totally agree with. September's increase was $3.7 billion. Friday's earnings slate includes Generex Biotechnology ( Your support of our advertisers sustains our effort, so please take a minute to help fuel our bold independent endeavor. Receive Wall Street Greek FREE via email by subscribing here. (disclosure) |
|
| Mon, Oct 15, 2007 | ||
|
|
Premarket Movers
UP Tektronix, Inc. PHAZAR CORP. Biogen Idec Inc. Tutogen Medical, Inc. New Oriental Education & Tech. Group Inc DOWN City Telecom (H.K.) Limited Medtronic, Inc. DryShips Inc. BankUnited Financial Corporation Marvell Technology Group Ltd. Swing Trading, Technical Analysis, Daily Stock Market Commentary. |
|
| More Blogs | ||
| Conference Calls for TTG |
| 02/06/08 |
|
Q1 2008 Earnings
Archive for TTG |
| 08/13/07 |
|
Q3 2007 Earnings
Archive for TTG |
| 02/12/07 |
|
Q1 2007 Earnings
Archive for TTG |
| 12/21/06 |
|
Q4 2006 Earnings
Archive for TTG |
| 07/12/06 |
|
888-832-4014
|
Nasdaq quotes delayed at least 15 minutes.
All other data is delayed at least 20 minutes.
By accessing this page, you agree to the following terms and conditions.
Market News provided by MarketMinute.com
Stock Analysis provided by SocialPicks Conference calls info supplied by OpenCompany
Fundamental data supplied by Mergent, Inc.
Stock quote data supplied by Telekurs