Thomas Weisel Partners Group

Middle Ground

As we ease our way into the final chapter of 2008, we find that the best five-day move in the Dow since 1933 has bumped the venerable index out of the danger zone on the charts and smack dab in the middle of the current trading range. The reasons for the blast have been discussed ad nausea (Geithner being named, the introduction of the TALF, and the massive new economic stimulus package being developed by Obama’s team) and have left investors feeling a little better about the outlook for the future.

However, this does not mean that stocks are likely to simply bound higher from here as the middle ground on a chart basis often leads to a period of backing and filling as well as a retesting of the lows. But, on the other hand, we can’t dismiss the fact that there could be some performance anxiety-based ...

NEW YORK, NY -- (MARKET WIRE) -- 12/01/08 -- Thomas Weisel Partners (NASDAQ: TWPG) (TSX: TWP), a global growth-focused investment bank, will host its inaugural Natural Resources Conference on Monday, December 1 at the New York Palace Hotel in New York. Institutional investors and company management will gather for this one-day conference, which will focus on opportunities and challenges in the energy and mining sectors for 2009 and beyond. Nearly 40 companies from around the globe, representing base metals, energy equipment and services, gold & precious metals, international oil & gas, oil & gas exploration and production and uranium, will be showcased at ...

UPGRADES:
UBS upgrades Tenet Healthcare (NYSE: THC) from Sell to Neutral.

UBS upgrades Banco Santander (NYSE: STD) from Sell to Neutral.

UBS upgrades Frontline (NYSE: FRO) ...

Thomas Weisel initiates coverage on Cameco ...

HEBRON, Ky.--(BUSINESS WIRE)-- Pomeroy IT Solutions, Inc. (NASDAQ: PMRY) a technology and services solution provider, today announced that its Board of Directors has authorized a $5 million increase in its stock repurchase program. On November 14, 2008, the Company announced that its Board of Directors approved a program to repurchase up to $5 million of its outstanding common stock. As a result of this increase in authorization, the Company may now purchase up to $10 million of its outstanding common stock under the program. "The repurchase of more of the Company's outstanding common ...