Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Advanced Energy Industries, Inc. (NASDAQ: AEIS) Raised to Buy and $19 target at…
Borders Group, Inc. (NYSE: BGP) has confirmed what most thought was inevitable. It has filed for bankruptcy protection under Chapter 11. It has secured a commitment for $505 million in Debtor-in-Possession financing and will…
Family Dollar Stores, Inc. (NYSE: FDO) soared last night after announcing that it has received an unsolicited conditional buyout proposal from Nelson Peltz’ Trian Group to acquire Family Dollar in a price range of…
The BofA Merrill Lynch Survey of Fund Managers comes out once a month. The February reports says that institutional money managers are more bullish about equities than at any time since the poll started…
Many reports about the consumption of streaming media delivered by the Internet were released recently. Nielsen data showed a sharp increase in the use of Netflix (NASDAQ: NFLX). The Nielsen report said that Netflix…
Inflation is often defined as the overall increase in the price of goods and services. That oversimplifies how inflation works and does not include the drop in currency values or purchasing power. As agricultural…
Ratings agencies missed the meltdown in the housing market and the rising debt tide that swept over European capitals. We wanted to see if they are awarding Triple-A ratings to countries which did not…
Sanofi-Aventis will buy Genzyme (NASDAQ: GENZ) for $20.1 billion. (Reuters) Dell (NASDAQ: DELL) beat earnings targets but investors remained concerned about future prospects amid growing competition. (Reuters) BHP Billiton (NYSE: BHP) has set aside…
The Home Depot Inc. (NYSE: HD) might not be getting a pop in the stock from this, but the company plans to add some 60,000 seasonal employees for its second annual “Spring Black Friday”…
Dell Inc. (NASDAQ: DELL) had a lackluster day ahead of earnings. Now its fiscal year of 2011 has ended as the year-end is January 2011. Results for the quarter were $0.53 on adjusted EPS…
coutesy of Exxon Mobile Corp.The oil majors will be reporting reserves replacement figures for 2010 over the next few weeks as they prepare their 10-Ks for the SEC. ConocoPhillips Corp. (NYSE: COP) reported replacement…
Everyone knows that Facebook has more than 500 million users, a market value north of $50 billion, and a CEO whose life has already been documented in a feature film. Why does Facebook need…
J.P. Morgan Chase & Co. (NYSE: JPM) is holding its Investor Day presentation this morning. While everyone wants to hear about the continued wave of lower write-downs and charge-offs, the big news everyone is…
Everyone loves to see Warren Buffett’s portfolio changes, but in some cases it is more important what other gurus are doing with their assets under management. George Soros and John Paulson are two of…
Negative press about Chevron (NYSE: CVX) has reached a boiling point after news that the oil company had been hit with a $9.5 billion ruling by an Ecuador count. The penalty comes from pollution…