Author Archives: Jon C. Ogg

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FOMC Verdict: Dovish Bias Remains

The Federal Reserve made its announcement for the FOMC policy meeting Wednesday afternoon, swinging markets from up to down -- and back to up initially. The long and short of ...
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dollar

6 More Expected DJIA Dividend Hikes Before 2014 Ends

Investors have many things to consider in the latter part of 2014 and as 2015 nears. One such consideration is the trend of dividend hikes. On the heels of fresh ...
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GE Nuke

New Nuclear Reactor Design Approval a Serious Score for GE-Hitachi

Nuclear power has been challenged in the United States and globally on the heels of the nuclear disaster at the Fukushima plant in Japan. Still, coal is so hated by ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: AEP, BHP, GE, Incyte, 3M, Tyco, Under Armour and More

Stocks were firm on Wednesday morning ahead of the FOMC meeting outcome. Tuesday's rally may have sparked higher interest again, and investors are looking for bargains now that stocks are still ...
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cloud computing

Rackspace Reality Check — No Acquirers Coming: Growth or Value?

Rackspace Hosting Inc. (NYSE: RAX) saw its shares get destroyed in the after-hours trading session on Tuesday. The first bit of news is that the cloud and site hosting player ...
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Stock Split Image

Did Urban Outfitters Win or Lose From the Controversial Kent State Shirt?

Urban Outfitters Inc. (NASDAQ: URBN) has had its share of controversy in offensive clothing over the years. Its latest "vintage" Kent State sweatshirt for $129 had red spots on it ...
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dollar

U.S. Household Incomes Finally Rising and Recovering From the Recession

A fresh report from the U.S. Census Bureau has what may be a starting point for the best news most Americans could have hoped for -- household incomes are finally on ...
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down market

CEOs See Slower Sales, Hiring and Capital Spending

The Business Roundtable's third-quarter 2014 CEO Economic Outlook Index signal that chief executives expect growth to slow in the six months ahead. The real risk here is that they see ...
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Nokia

Is Nokia Really 40% Undervalued?

Nokia Corp. (NYSE: NOK) had a solid Monday, rising to $8.56 from $8.37, on the heels of a positive research call from Oppenheimer. The firm's Ittai Kidron raised the prior ...
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Pouring molten steel

Alcoa Raises Capital to Pay for Firth Rixson Acquisition

Alcoa Inc. (NYSE: AA) is raising new capital to help the company pay for its previously announced acquisition of the Firth Rixson business and to pay related fees and expenses. ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: Arch Coal, Coca-Cola, Duke Energy, Microsoft, Oracle, Visa and More

Stocks were soft on Tuesday after mixed fanfare on Monday. Investors are still looking for opportunities now that some stocks have pulled back. 24/7 Wall St. reviews dozens of analyst ...
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78489302

Would Breaking Away From the U.K. Crater Scotland’s Economy?

Scotland is the most important country in the world, at least for a week. The vote over whether Scotland will remain part of the United Kingdom has many ramifications. On ...
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Sears_Hometown_Store

Sears Borrowing $400 Million From Affiliates of Eddie Lampert’s ESL

Sears Holdings Corp. (NASDAQ: SHLD) has made a filing with the Securities and Exchange Commission (SEC) indicating that it will borrow some $400 million via a short-term loan with groups ...
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software

6 Stocks Portfolio Managers Are Selling to Fund New Alibaba Stakes

The upcoming Alibaba IPO is going to instantly create another instant mega-cap stock for portfolio managers to invest in. The problem that many of these portfolio managers will face is ...
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solar power

Duke Energy’s $500 Million Solar Investment Largest in Its Region

Duke Energy Corp. (NYSE: DUK) has made a move to further its alternative energy initiatives. The electric utility giant announced on Monday that it has committed some $500 million to ...
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