Ken Heebner Calls Global Recession (MOS)
Ken Heebner just came on CNBC today, and while it did sound a bit like he was licking his wounds, he made some key comments that influence investors. First and foremost, he said "WE…
Ken Heebner just came on CNBC today, and while it did sound a bit like he was licking his wounds, he made some key comments that influence investors. First and foremost, he said "WE…
Kinder Morgan Energy Partners LP (NYSE: KMP) expects to increase its third quarter cash distribution to its limited partners to $1.02/common unit. That’s 16% more than the cash distribution of $0.88/unit for the third…
Marathon Oil (NYSE:MRO) today gave an interim update on its third quarter performance. The company will announce earnings on October 30th. Production is expected to be up by about 34,000 barrels of oil equivalent/day…
Jim Cramer wants people to sell all of their stocks. Even though the market may keep falling, that might not be a practical solution for everyone. There are several things investors can do to…
We have just seen two horrific trading days in a row for stocks as the market put in multi-year lows. This is on top of four quarters of selling. We all know what the…
MetLife Inc. (NYSE: MET) is joining the other major financial stocks of late with its shares getting clocked this morning to new multi-year lows. Last night, the insurer said earnings would be $0.83 to…
Bank of America Corp. (NYSE: BAC) is being taken to the cleaners this morning. Shares closed down sharply yesterday at $23.77 after closing at $32.22 just the day before. Bank of America raised right…
Symantec Corporation (NASDAQ: SYMC) is catching a bid this morning, although it is still at the lower-end of its 52-week trading range following an upgrade and an acquisition.
Costco Wholesale Corp. (NASDAQ: COST) is trading down over 1% pre-market, yet the upper-end big box retailer posted some very strong numbers. The company reported earnings of $0.97 per share before $0.07 worth of…
The Emergency Economic Stabilization Act (aka, the Wall Street bailout bill) did more than provide $700 billion of taxpayer funds to jump start the economy. The legislation also included the Energy Improvement and Extension…
Wall St. expected Wal-Mart (WMT) same-store sales to be up 2.5% in September. They only rose 2.4%. It was a brilliant showing. Almost all data from retail associations said sales across the industry were…
These are some of the top pre-market analyst upgrades we are seeing this Wednesday morning: AMAG Pharmaceuticals (AMAG) Started as Overweight at JPMorgan Andersons (ANDE) Started as Outperform at Oppenheimer Bank of America (BAC)…
These are some of the top individual analyst downgrades we are seeing very early this Wednesday morning: AuthenTec (AUTH) Cut To Neutral at JPMorgan DuPont (DD) Cut to Hold at BB&T Capital Host Hotels…
After months of suffering indignities and falling sales, Citigroup cut shares in Ford (F) and GM (GM) to sell. It dropped it price target for Ford to $2.50 and GM’s to $6. According to…
Google (GOOG) may never make money on its $1.65 billion purchase of YouTube. Selling advertising next to all of that low-resolution video of people beating their dogs and dancing drunk on their dining room…