TEPPCO Partners, L.P. (NYSE:TPP) is under a bit of pressure after the energy logistics company has priced a secondary offering of 8,000,000 units. Last night this was listed as a pricing of 7.1 million…
These are the top upgrades and positive analyst calls we are seeing this Thursday morning: Alliance Data (ADS) Started as Buy at B of A. AuthenTec (AUTH) Started as Buy at S&P Equity Research.…
These are the top downgrades and negative analyst calls we are seeing this Thursday morning: Kelly Services (KELYA) Cut to Sell at Citigroup. KLA-Tencor (KLAC) Cut to Equal-weight at Morgan Stanley. Lam Research (LRCX)…
Ciena Corporation (NASDAQ: CIEN) has come out with earnings and posted a 7% drop in non-GAAP EPS to $0.37 EPS on a 24% revenue rise to $253.2 million. First Call had estimates at $0.37…
Wal-Mart’s (WMT) US same store sales rose 3% in August. Analysts expected about half that growth rate. The Wal-Mart news is almost certainly a sign the the middle class is joining those below the…
It turns out that display advertising on the internet is becoming less popular with most marketers. They are turning to search text ads instead. This is probably not news to anyone in the industry,…
BP (BP) says it got what it wanted from negotiations with its Russian joint venture partner. in TNK-BP. There will be new independent directors and the current CEO will leave. There may even be…
The communist central government in China is starting to sweat a slowdown in the national economy of the world most populated country. It has begun to dawn on them that the "law of large…
Boeing’s (BA) machinists have decided to strike the company over wage and benefit issues. The union will hold off walking out for two days to see if a last moment deal can be reached.…
AIG (AIG) may resort to a tactic that is as old as the hills. It is considering taking its worst assets and moving them into a new company. This would leave AIG with a…
According to Reuters, NY State sent subpoenas to Bank of Americ (BAC) executives over auction-rate securities. Reuters reports the Boeing’s (BA) machinist union voted to strike but stay on the job two days to…
Microsoft (MSFT) has decided that it would rather be the video game market share leader than make a buck at the business. Redmond cut the price of its Xbox 360 to $199. That drops…
Corning Inc (GLW). Chief Executive Wendell Weeks is on the hot seat with investors after the glassmaker lowered earnings guidance because of lower-than-expected shipments of LCD glass. Even bigger problems may lay on the…
Health Care REIT, Inc. (NYSE:HCN) has filed to sell up to 6,000,000 shares of common stock in a secondary offering. These shares of common stock to be sold are going to registered under the…
Corning (GLW) Revises forecasts down. Falls to $17.04 from 52-week high of $28.07. Forest Laboratories (FRX) Major drug plans go off track. Down to $29.81 from 52-week high of $43.38. McDermott International (MDR) Oil-related…