Does Another Spending Cut Improve Outlook for Petrobras?

Petroleo Brasileiro S.A. (NYSE: PBR) announced Tuesday morning that it is cutting its spending plan for the current fiscal year from $28 billion to $25 billion and its 2016 spending ...
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Corn Field

American Farmland Sets Terms for IPO

American Farmland Company has filed an amended S-11 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering. In the filing 12 million units are being ...
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Pepsi brands 2014

The Real Driving Force Behind Pepsi’s Earnings Gains

PepsiCo Inc. (NYSE: PEP) reported its third-quarter financial results before the markets opened on Tuesday and one key analyst has already weighed in on the company. For 24/7 Wall St.’s ...
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global economy

IMF Confirms Slower Global GDP Growth Targets in 2015 and 2016

When Christine Lagarde of the International Monetary Fund (IMF) spoke last week, it had all the hallmarks of a precursor to a downgrade of the IMF's global growth targets. Now ...
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Drilling rig

Is Freeport Giving In to Carl Icahn?

The more things change, the more they stay the same. In mid-2013, Freeport-McMoRan Inc. (NYSE: FCX) completed a $20 billion acquisition of two oil and gas companies, one of which ...
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taco bell shot

What to Expect From Yum Earnings

Yum! Brands Inc. (NYSE: YUM) is scheduled to report its third-quarter financial results after the markets close on Tuesday. The consensus estimates from Thomson Reuters call for $1.07 in EPS ...
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Why Sarepta Deserves Praise for Capital Raise Despite Stock Drop

Sarepta Therapeutics Inc. (NASDAQ: SRPT) is continuing to have an amazing year in 2015, despite the broad markets lagging. The company’s most recent move is a strategic masterpiece, considering the ...
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Maersk container ship

US Trade Deficit Grew Handily in August

The reading on international trade, known as the U.S. trade deficit to those who have been watching the reading since the 1980s and 1990s, came in at -$48.3 billion in ...
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Computer Password

Warren Buffett Gets Into Cybersecurity Insurance

If there is a way to make a dollar or two off of secular trends, chances are high that Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) may be interested ...
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Credit card chip

Jefferies Has 3 Top Growth Stock Calls to Buy This Week

As the market edges into the home stretch for the year, and with third-quarter earnings right just getting started, many of the top firms that we cover on Wall Street ...
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August Home Prices Rise in 49 States

Home prices in the United States rose for the 42nd consecutive month in August. Compared with August of 2014, home prices rose 6.9%, including the sales of distressed properties. The ...
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Xtera Communications Files for IPO

Xtera Communications has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). No terms were given in the filing, but the ...
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Merrill Lynch Gets Nervous: Buy Only High-Quality Stocks Now

It’s probably no surprise that some on Wall Street are starting to lose their bullish bias. After a huge run off the lows in 2009, the market has tread water ...
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investor research

Top Analyst Upgrades and Downgrades: CBS, Cisco, Comerica, Twitter, FedEx, Illumina, Linn, NuVasive and Many More

Stocks were indicated slightly lower on Tuesday after solid continued gains on Monday and Friday. Investors keep signaling with their investment money that they want to buy the dips. That ...
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OPEC Predicts Oil Price Rebound Soon

The massive drop in crude oil prices over the past year is about to end, according to the secretary general of the Organization of the Petroleum Exporting Countries (OPEC) Abdalla Salem el-Badri. ...
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