Catalyst Corner | E-Blast | Thursday, June 17th

The safe way to double your money is to fold it over once and put it in your pocket. ~Frank Hubbard

 

In The News

- US stock gains face as consumer shares weigh
- In Waxman, BP execs face a master interrogator at Gulf oil spill hearing
- Inflation Tame as Jobless Claims Rise
- CORRECT: Treasury Prices Rise After Decline In US Consumer Prices
- AOL Confirms Sale Of Bebo To Turnaround Firm Criterion

Corporate Highlights

-F.T.C. Said to Send ‘Second Request’ on Hertz Deal
-Fujitsu and Toshiba to Merge Cellphone Units
-United and Continental Face Questions in Congress
-Limited Brands to Cut Ties to The Limited
-Wal-Mart Invests in Green Dot
-R.B.S. Sells Pakistan Unit for $50 Million

Pair Trade of the Day


Long JOE, Short SPY
The St. Joe Company (NYSE: JOE) provided an update on its website, www.joe.com, regarding its ongoing preparedness and response plan to the Deepwater Horizon Incident in the Gulf of Mexico. Investors and other interested parties should refer to the Company’s website from time to time for periodic updates.

“Although we have not yet seen any direct impact from the oil spill on our beaches, we have taken specific measures which we believe will put us in the position to quickly assess and address any potential damages,” said Britt Greene, President and Chief Executive Officer of St. Joe. Click to view this pair.

About the Pair Tool
Our proprietary Pair Tool allows users to automatically compare fundamental data while displaying graphically historical trading relationships between any two US publicly traded securities a member selects.

Our Focus List

Our focus list contains companies with significant pending catalysts. Click the company name for additional information.

- CERP (Cereplast, Inc.)
- OGR.CN (Oro Gold Resources Ltd.)
- ACFN (Acorn Energy, Inc.)
- JUHL (Juhl Wind, Inc.)
- KXLAF.PK (Kodiak Exploration Ltd.)
- DBLE (Double Eagle Petroleum)

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