Reading Time: < 1 minute It appears they cut the secondary offering almost by half, amid the dropping of the stock price lately. (presumably there is a lack of interest by institutional buyers). Here is the amended SEC filing. They are going to sell 4.5 million shares instead of original 8 m shares. Now if they could find enough buyers for

Reading Time: 2 minutes Went to Chipotle Mexican Grill in my neighbourhood yesterday. I heard about it because of its stock (CMG) has done very well since IPO early last year (up 88%). I was curious about the food and the atmosphere so I went. It seems there are lots of young people, I mean people in 20s (Generation Y),

Reading Time: < 1 minute Brown Shoes goes to China (STLtoday): Brown Shoe Co. late Tuesday announced that it has entered a joint venture with a Chinese company to open more than 500 shoe stores in China by 2012. MSFT modifies source for Vista (Reuters): Microsoft Corp. has agreed to modify its new Vista operating system in response to complaints that

Reading Time: < 1 minute You don’t have to be a stock junkie to know this one. Blackstone IPO generated so much buzz lately, from Chinese State Investment Co. take a significant stake (without voting power), to its high flying CEO cashing in billions of dollars in the IPO, and some congressman talking about impose the 33% tax rate rather than

Reading Time: < 1 minute The stock got another hit today as its CFO says that: meeting the high end of the coffee shop chain’s 2007 earnings forecast will be “very challenging” due to rising dairy costs and slowing sales growth in its U.S. business,… It seems high gas prices are really hurting them, in two ways. Some customers have to

Reading Time: < 1 minute Some interesting numbers in 1997 and 2007: Unlead Gas per gallon: 1997: $0.80 (Rolla, MO), 2007: $2.76 (St. Louis, as of today June 21), about 250% increase. International call to China per minute: 1997: $0.76(LCI), 2007: $0.08 (AT&T Advantage,  quote from ipevo), $0.02 (Skype or phone cards). Or you can use VoIP from iTalkBB $24.99 plan which offers

Reading Time: < 1 minute Mittal is the largest steel maker in the world. I happened to watch the CNBC interview of its CEO this morning. I checked the chart  (Google Finance) of Arcelor Mittal (MT), it went up 2129% in 5 years. I also happened to see the Nokia (NOK), a stock I traded in 2004, it went up 132% in 5 years.

Reading Time: < 1 minute I guess they changed name to differentiate from “UPS Ground”?   I got my refurbished iPod today, from Fedex Ground (a.k.a. Home Delivery) office instead of receiving it at home. They attempted to deliver twice last week, but I was not at home in both occasions. The strange thing is they did not leave a notice. Yesterday (Monday) I received an email from

Reading Time: 2 minutes (Update June 25) Fuwei has a news release regarding this today. (Update June 19) The stock (FFHL) got a big lift (18%) today. Major’s rule No. 2: stock moves when Major mentions it at stlplace, e.g., EDU (mentioned in June 9) and FFHL. Some speculative Chinese stocks got big move too, e.g. EFUT is up 30% today. Seriously I am not saying Fuwei is

Reading Time: < 1 minute This sounds a little strange: a smaller fish swallowed up a bigger one. Here is some details (Houston Chronicle): “Finish Line operates 694 Finish Line stores in 47 states, 93 Man Alive stores in 19 states and 15 Paiva stores in 10 states. Nashville-based Genesco sells shoes, hats and accessories in more than 2,000 retail stores in