Shayne Heffernan

Yes, Obama is a Marxist

Without passing judgement, and simply putting Obama’s economic policy in to the correct economic location, Obama is a Marxist. The Obama administration favors progressive taxes on the rich to redistribute income and wealth from winners to losers and to ensure that all pay their fair share. (As he has said: ?When you spread the wealth [...]

Corning Incorporated NYSE:GLW Upgraded

Corning Incorporated NYSE:GLW has been Upgraded by Heffernan Capital Management to a strong buy after a sell off yesterday. Shayne Heffernan issued the strong buy today with a 2013 price target of $20. Fourth-Quarter Highlights Sales were $1.9 billion, a decline of 9% sequentially, but a 7% increase year over year. Earnings per share were [...]

Stock Lending Solutions

Stock Lending Solutions If you are an officer/director with a concentrated stock position, facing a margin call or have stock options you wish to exercise, we can provide liquidy. We lend against these positions and can close the transaction within a few days! We can also provide liquidity to publicly traded companies through the purchase [...]

Netflix, Inc.(NASDAQ:NFLX) Posts Winning Quarter

Netflix, Inc.(NASDAQ:NFLX) Posts Winning Quarter Netflix added 610,000 net new subscribers in its home U.S. market, helping revenue leap 47 percent to $876 million. Shares rose 13 percent to trade above $107 in after-hours trading following the earnings report on Wednesday. They had ended at $95.04, up 2.6 percent, in the regular session on Nasdaq. [...]

Adelson and Gingrich Team Up

Casino Billionaire?s US$10-M play gave Newt a chance Three months ago, with Newt Gingrich trailing four other candidates for the Republican presidential nomination, the former House Speaker appeared in Las Vegas at Mundo, a Mexican restaurant, for a $500-a-plate fundraiser. ?I promise you one thing,? Speaker Gingrich told the crowd. ?The day I become President [...]

US Agriculture After the Closing Bell Report

US Agriculture After the Closing Bell Report Wheat futures finished well off session highs, but held some impressive gains. Old-crop Chicago Wheat settled 0.0550 to 0.0775 higher with new-crop mostly 0.02 to 0.05 higher. Kansas City futures gained 0.075 to 0.11 and Minneapolis futures were up 0.05 to 0.09 on the close. Speculation about future [...]

World Market Snap Shot AAPL, COP, BA, UTX, NFLX

Red’s Bull Trader Alert: It was all about AAPL and the Fed Wednesday. The US broad market was able to fend off moderate selling pressure early, and reversed after the US Federal Open Market Committee (FOMC) issued its latest Policy Statement. The afternoon advance gained enough momentum to take the stock market to a new [...]

Focus on Gold, Silver, Oil and Copper

Gold, Silver, Oil and Copper Trading Gold futures reversed and began a Strong rally Wednesday, tapping fresh 6-wk high after the US Federal Reserve’s FOMC statement following the committee’s meeting. Silver futures followed setting a new 6-wk high too. The Key ?outside markets? turned Bullish for precious metals a mid-day, as the US Dollar index [...]

Indonesia?s 2011 airline passengers up by 15%

Indonesia’s 2011 airline passengers up by 15% The number of airline passengers in Indonesia last year rose by 15% to 66-M, indicating a growing demand in the Southeast Asia’s largest economy, a local paper said Wednesday. The Transportation Ministry’s director for air transportation, Djoko Murjatmodjo, said that number of domestic and international travelers totaled 58.84-M [...]

Angela Merkel on the Euro

Merkel deflects calls for bigger EuroZone Firewall German Chancellor Angela Merkel deflected pressure Wednesday to increase the eurozone’s rescue fund, saying the Key to reassuring markets was to restore lost trust in governments’ policies. She also said closer European integration would eventually bring a solution to the 17-Nation currency area’s debt crisis. “We must be [...]