These are the top downgrades and cautious calls we have seen from Wall Street analysts this Wednesday morning: BHP Billiton plc (BBL) Cut to Hold at Canaccord. Cooper Industries (CBE) Cut to Neutral at…
These are the few upgrades and positive research calls we have seen from Wall Street analysts this Wednesday morning: Equinix (EQIX) Started as Overweight at JPMorgan. Healthsouth (HLS) Raised to Buy at Jefferies. Itron…
Detroit is in real trouble. There has been some hope that the really healthy Japanese and European car companies could hold on to their credit ratings. Toyota (TM) has a bullet proof balance sheet…
Get the money out and get it out fast. If the Fed’s new facility can push $800 billion into part of the economy which supports consumer lending, the ability for people to buy homes,…
Who has not read the accounts of China becoming the world’s largest economy, perhaps in a month or two? Or a year? Or a decade? It will dwarf the economies of the US, EU,…
AIG is ready to repay the Fed $40 billion. The money will come from preferred shares it raised with backing from Treasury. If AIG defaults, the federal government gets the bag. That is the…
Since almost every sector of the economy from autos to cities is asking Henry Paulson for a bit of his $700 billion fund, why should the insurance companies be any different? They are different…
According to Reuters, Paulson has turned his back on giving insurance companies part of the bailout Reuters reports that Rio Tinto (RTP) is faced with selling assets, Reuters reports that the head of Citigroup…
In a home run for troubled credit markets, Goldman Sachs (GS) raised $5 billion with backing from the FDIC. It is likely that a number of other US financial firms will follow quickly, The…
GeoResources, Inc. (NASDAQ: GEOI) has filed to sell up to $100 million in a mixed securities shelf registration. The company lists and combination of common stock, preferred stock, depositary shares, debt securities, warrants which…
State Street Corp. (NYSE: STT) has filed for the potential resale of preferred stock, common stock, and warrants which was purchased by Uncle Sam in a recent transaction. This allows for the resale of…
ZymoGenetics, Inc. (NASDAQ: ZGEN) has filed an SEC registration which would allow the company to sell up to $100 million of its common stock from time to time. What is important to note is…
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) has filed to sell up to 25 million shares of common stock in a public secondary offering. Underwriters were not listed. Arena is a clinical-stage biotech company focused on…
Zale Corporation (ZLC) Loss and withdraws annual forecast. Drops to $5.15 from 52-week high of $30.89. Rio Tinto (RTP) BHP withdraws takeover bid. Falls to $93.42 from 52-week high of $558.65. Lee Enterprises (LEE)…
We covered an IPO Filing back in August for a company called US Power Generating Company. The company is a wholesale power generation company in New York which had filed to sell up to…