When it announced earnings for its last quarter Apple (AAPL) said it expects to earn $.90 to $1 per share on $7.6 billion to $8 billion in sales in the ... Read Full Story »
GE (GE) is faced with a potential downgrade of its debt from "Aaa" status and angry investors who want to know why the company insists on having a TV network ... Read Full Story »
Macy's (M) is up against the same hard rock as other large retailers who cater to the middle class, Sears (SHLD) and Nordstrom (JWN). Sales are being crippled by the ... Read Full Story »
Everyone waited last week for the government to set up a "bad bank" last week where banks and major financial institutions would get to sell their toxic debt and ... Read Full Story »
The federal government has put $150 billion into rescuing AIG (AIG), which was once the most profitable insurance company in the world. With financial relationships linking it to banks and ... Read Full Story »
NOVA Chemicals (NCX) Bad Q4 and a downgrade by RBC. Falls to $3 from 52-week high of $32.46.Regions Financial (RF) Downgrade by Bernstein. Runs off to $3.40 from a 52-week ... Read Full Story »
If you hadn't gotten your full round of pre-weekend economic gloom, famed investor Julian Robertson of Tiger Management just gave an interview with CNBC's Erin Burnett. He is cautious about ... Read Full Story »
It has been some time since the IPO market has been open, but we still see some filings from companies which have the desire to come public such as OpenTable, ... Read Full Story »
This morning's quarterly and annual results from Arch Coal, Inc. (NYSE:ACI) have kept the coal fires burning. Arch reported EPS of $2.45 on net income of $354.3 million for the ... Read Full Story »
Smith International, Inc. (NYSE:SII) led the parade of oil field services stocks downhill yesterday. Smith opened Thursday more than $1.50/share lower than Wednesday's close and finished the day even lower. ... Read Full Story »
SunPower Corporation (NASDAQ:SPWRA, SPWRB) reported strong earnings after markets closed yesterday, and the shares opened almost $4/share higher this morning. Shares are up more than 12% currently.Analysts had expected SunPower ... Read Full Story »
Piper Jaffray & Co. downgraded Under Armour (NYSE: UA) from neutral to sell. Its lowered its price target by $1 to $16, citing near term headwinds for domestic discretionary spending ... Read Full Story »
This morning, we got see two of the "biggest of the big" in the Big Oil complex report earnings. You are seeing much more conservative earnings from Exxon Mobil Corp. ... Read Full Story »
The government reported that fourth quarter GDP contracted at an annual rate of 3.8%.That does not approach the 7.8% in the second quarter of 1980 or the 10.4% post-war record ... Read Full Story »
These are some of the many pre-market downgrades and negative calls we have seen from Wall Street analysts this Friday morning:Allstate (ALL) Cut to Underweight at JPMorgan.AstraZeneca (AZN) Cut to ... Read Full Story »