Level 3 Communications Inc. (NASDAQ: LVLT) is one of the more active stocks for traders in the $1.00 and sub-$5.00 stock land. This week the company filed an interesting automatic shelf registration statement with…
For awhile, analysts had hoped that the biggest layoffs in the economy would be restricted to already troubled industries including retail, automotive, and airlines. At least companies in those sectors were losing money. But,…
Almost Family Inc. (NASDAQ: AFAM) has filed a shelf registration that will allow the company to raise up to $150 million in securities sales. The company filed to sell any combination of Common Stock,…
Greenhill & Co., Inc. (NYSE: GHL) has filed to sell up to 3.5 million shares of common stock in a secondary offering. The offering will allow the company and certain stockholders to sell shares…
These are some of the top pre-market analyst upgrades we are seeing this Wednesday morning: Comerica (CMA) Raised to Outperform at Bernstein. Fifth Third Bancorp (FITB) Raised to Outperform at Bernstein. Iron Mountain (IRM)…
These are some of the top pre-market analyst downgrades we are seeing this Wednesday morning with more than two hours until the market opens: Animal Health (AHII) Cut to Neutral at Piper Jaffray. Blue…
The bad ad environment will catch up to Time Warner (TWX) in a flash. Viacom (VIA) had only just indicated that the markets for advertising sales were dismal. Now TWX is slashing its forecasts.…
US car sales have been awful, running off as much as 30% recently. But, there is always China. It is big for McDonald’s (WMT), Wal-Mart (WMT), GE (GE), and Hewlett-Packard (HPQ). Everyone wins in…
Michael Dell is confused. He must wander the streets of Austin with his mind in a haze. Only recently Dell said his company is doing super in the Middle East. He said that China…
Anyone looking at the stock market over the last week would assume that the global recession is over, the liquidity crisis which has ruined the banking system has been addressed, and consumers are suddenly…
The "Whos" down in "Whoville" has better watch themselves. The Grinch will steal Christmas. But, unlike the ending of the Dr. Seuss book, it won’t be given back to them at the last minute.…
According to Reuters, Obama won the race for US president Reuters reports that stock index futures were steady after the Obama win.
Markets rose sharply in Asis. The Nikkei was up 4.5% to 9,521.Mitsubishi Corp gained as oil rose. The Hang Seng moved up 3.9% to 14,943. The Shanghai Composite was up 3.2% to 1,761. The…
The verdict is in, and change has arrived. Barack Obama has defeated John McCain in the 2008 Presidential election. We at 24/7 Wall St. have done everything we could to not show any political…
Standard & Poor’s debt ratings group is raising a red flag which could cause some added skepticism over the Apollo-backed Hexion Specialty Chemicals’ acquisition of Huntsman Corp. (NYSE: HUN). S&P has lowered the credit…