Truckers led the drop after a fake $100 oil print and after a YRC Worldwide (NASDAQ: YRCW) acquisition write-down, pulling down Arkansas Best (NASDAQ: ABFS) and others. With no surprise, airlines followed suit with…
It is unusual to see this many 52-week lows in big cap stocks, but many of these are credit or oil-price related. US Air (LLC) down to $13.50. Northwest Air (NWA) down to $13.80.…
Becton, Dickinson & Co. (NYSE: BDX) is seeing shares hitting new all-time highs as it has received clearance from the U.S. FDA for the BD GeneOhm(TM) StaphSR assay. This is BD Diagnostic’s new assay…
Media reports today are noting a $100 print in oil trading, although we would caution that this appears to be a paper trade from the floor and not an accurate market trading print. We…
We are updating our list of tier-one Defensive Stocks since so many of these stocks have run up and since lists need continual updating. Our originally updated list of tier one defensive stocks was…
Shares in Citigroup (C) are off by over 1% today despite a positive report from research firm Punk, Ziegel. The reason the big bank is trading near its 52-week low may be that Sanford…
The people over at Bear Stearns decided to kick Starbucks (SBUX) while it is down. Perhaps the company deserves it. The investment house dropped its rating from "outperform" to "peer perform". According to MarketWatch…
The people over at Bear Stearns decided to kick Starbucks (SBUX) while it is down. Perhaps the company deserves it. The investment house dropped its rating from "outperform" to "peer perform". According to MarketWatch…
National City Corp. (NYSE: NCC) is following suit of many of the financial lending companies. The company has slashed its dividend by 49% down to a new $0.21 dividend rather than its historic $0.41…
Akeena Solar, Inc. (NASDQ: AKNS) has announced that its solar panel technology called Andalay will be distributed in Europe, Japan and Australia under a license agreement with Suntech Power Holdings Co., Ltd. (NYSE: STP). …
Federal-Mogul Corp. has announced it emerged from Chapter 11 on December 27, 2007 as the effective date of its reorganization plan. CEO Jose Maria Alapont noted beginning 2008 as being well positioned for sustainable…
LDK Solar (NYSE: LDK) has issued guidance of $960 million to $1 Billion in revenues, although First Call has consensus at $1.05 Billion. It now sees wafer shipments at 510-530 MW and polysilicon production…
Apple’s (AAPL) share of PC sales rose to 6.8% in December according to Market Applications. The research shows that the figure moved up to over 8% the last two days of the month. The…
These are not at all the only impact analyst calls kicking off the new year, but these are the calls we are focusing on this morning at 247WallSt.com: Advanced Micro Systems (AMD), LSI (LSI),…
AMD (AMD) has already fallen as much as almost any stock traded on the NYSE during 2007. Now it has been downgraded to "sell" at Banc of America. According to MarketWatch the investment bank…