Monday, January 5, 2009

Hedge Funds Give Calpine Some Love

Barron's - Daily Roundup
  Online E-Mail Center   
January 5, 2009 -- 5:13 p.m. EST
UP AND DOWN WALL STREET
A Plague of Prophecy
The Street Nostradamuses are out in force. Wrong again?
 

 
THE STRIKING
PRICE DAILY

Don't Forget the Hard Lessons of 2008
At the first sign of strength, some investors may become amnesiacs.
 

 
GETTING TECHNICAL
Energy Stocks Get Energetic
Oil, coal and even solar power ETFs are attracting buyers again after a brutal bear market.
 
INSIDE SCOOP
Hedge Funds Give Calpine Some Love
Funds bought $229 million in shares of the power producer in late 2008.
 

 
CHARTING THE MARKET TODAY
Stocks in the Spotlight Monday
AT&T and Saks fell. Las Vegas Sands and Allied Capital rose.
 

 
MONDAY'S MOVERS
A Gusher of Gains for Questar Shares
The natural gas producer jumped 7% in midday trading following a bullish Barron's article.
 

 
INVESTORS' SOAPBOX PM
Videogames Continue to Play Well
Sales were solid in December despite recessionary fears.
 

 
HOT RESEARCH PM
GE's Dividend Could Be Cut
Sterne Agee downgraded the industrial giant to Sell from Hold.
 

 
MONDAY'S MOVERS
Small Moves in India
Two India-based stocks rose slightly following a Barron's nod.
 

 
INVESTORS' SOAPBOX AM
Semiconductor Sales Get Zapped
J.P. Morgan slashed the outlook after weak November sales.
 

 
HOT RESEARCH
Elizabeth Arden Looks More Juicy
A hit fragrance has the beauty-products maker smelling like a rose.
 

 
ELECTRONIC Q&A
Bargaining With a Fearful Market
Whitney Tilson, co-manager of Tilson Focus, sheds his macro bearishness to buy.
 

Markets5:57 p.m. EST
  DJIA * 8952.89 -81.80 -0.91  
  Nasdaq * 1628.03 -4.18 -0.26  
  S&P 500 * 927.45 -4.35 -0.47  
  Barron's 400 * 197.56 1.54 0.79  
* at close
Source: Reuters and Dow Jones
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