Short sellers must believe that, if the market rises, shares of weak companies will go along. Their positions in stocks that should drop due to their recent financial statements, and ... Read Full Story »
The three major U.S. stock indexes opened lower this morning and remained in negative territory all day. The decline is down to weak earnings from many U.S. firms reporting results ... Read Full Story »
Ursula Burns, Xerox's (NYSE: XRX) CEO for three years, has allowed the company to be crushed by the digital age. The trouble shows in Xerox's shares which are down 40% ... Read Full Story »
The three major U.S. stock indexes opened mixed this morning with the S&P 500 and the DJIA slightly lower and the Nasdaq slightly higher. In Asia Japan’s trade deficit was ... Read Full Story »
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Altera Corp. (NASDAQ: ALTR) cut to Hold at Jefferies. ArcelorMittal (NYSE: MT) ... Read Full Story »
The three major US stock indexes opened lower this morning after Spanish bond yields rose above 7% again and the country’s Valencia region asked for central government assistance in paying ... Read Full Story »
Xerox (NYSE: XRX) shares slipped about 2.5% in morning trading, following the Connecticut-based document management company's second-quarter report. Xerox said its quarterly earnings declined 3.1% to $309 million, from $319 ... Read Full Story »
The U.S. markets appear to be set to follow Asian and European markets lower. Standard & Poor’s 500 Index could end a three-day rally, even as companies reported better-than-expected earnings ... Read Full Story »
The three major US stock indexes opened higher this morning as investors continue to hope for more central bank stimulation in weakening global economy. These investors are probably right that ... Read Full Story »
Xerox (NYSE: XRX) is supposed to have gone through a renaissance of sorts in the past several years. After a series of poor decisions about its technology and sales operations, ... Read Full Story »
Business equipment firm Pitney Bowes Inc. (NYSE: PBI) reported first quarter earnings after markets closed last night, and while the company slightly exceeded expectations for adjust EPS and revenues, the ... Read Full Story »
Markets opened mixed this morning, with the DJIA showing much more strength than the S&P 500, which opened higher, or the Nasdaq, which opened lower. The S&P Case-Shiller house price ... Read Full Story »
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Allison Transmission Holdings, Inc. (NYSE: ALSN) Started as Neutral at Credit ... Read Full Story »
Markets opened lower this morning following some reversals in Europe, not the least of which is the coming French presidential election. PMI readings from Europe and China were also weak. ... Read Full Story »
International think-tank Ethisphere Institute has just announce the 143 global companies that made the Institute’s 2012 list of Most Ethical Companies. Of the total, 102 are US-based companies, and 23 ... Read Full Story »