courtesy of Sprint Corp.Last week we showed that Sprint Nextel Corp. (NYSE: S) was given tremendous upside from analysts. Now there is another huge analyst call, but one calling for downside that may attract…
RadioShackRadioShack Corp. (NYSE: RSH) is trading up on Monday on hopes that something may come its efforts to hire a financial advisor. We said back when the struggling electronics retailer named a new CEO…
courtesy of Google Inc.Baidu Inc. (NASDAQ: BIDU) should not be pleased at all that growth in mainland China keeps ratcheting lower to a new base. But on a day that might have been a…
ThinkstockWhen China sneezes, the world economy gets a cold. Likewise, when the world’s most populous country feels better, at least some parts of the global economy get well. Today, it is solar panel makers’…
ThinkstockDuke Energy Corp. (NYSE: DUK) may soon recapture some of its credit profile that had eroded for more than the past year, since its Progress merger. Moody’s Investors Service has now placed Duke’s corporate…
AppleThe disagreements between smartphone leaders Apple Inc. (NASDAQ: AAPL) and Samsung Electronics apparently do not extend to the chip fabrication part of the business. A report in The Korean Economic Daily this morning claims…
One of the big downsides of incredibly low short-term and long-term interest rates was that fiduciaries such as life insurers and pension managers were starting to have a very hard time making enough nominal…
ThinkstockBusiness inventories data for the month of May have been released this morning. May was brought along with a 0.1% gain, matching the Bloomberg consensus estimate of 0.1% and a tad higher than the…
ThinkstockAccording to today’s report from the U.S. Census Bureau, seasonally adjusted retail and food services sales in June rose 0.4% month-over-month and 5.7% compared with June 2012. Economists had expected an increase of 0.8%.…
ThinkstockCitigroup Inc. (NYSE: C) reported fiscal second quarter results before markets opened this morning. The bank reported adjusted diluted quarterly earnings per share (EPS) of $1.254 on revenues of $20.5 billion. In the same…
Thinkstock The U.S. equity strategists at Deutsche Bank A.G. (NYSE: DB) who cover S&P 500 stocks with exposure to China have long argued that China’s impact to S&P earnings is mostly through its effect…
ThinkstockFlash memory maker OCZ Technology Group Inc. (NASDAQ: OCZ) this morning announced that its first fiscal quarter revenues will fall far short of the consensus estimate. The company now expects revenues for the quarter…
Wikimedia CommonsThe stock market rallied to new highs last week on the strength of Federal Reserve Chairman Ben Bernanke’s comments on the continuation of the easy money policies that are flooding the economy with…
Wikimedia CommonsLast Friday’s announcement that AT&T Inc. (NYSE: T) would acquire Leap Wireless International Inc. (NASDAQ: LEAP) for a total of $1.2 billion in cash ($15 a share) is not a done deal yet,…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Monday, July 15, 2013. They include NetApp, J.P. Morgan, UPS and Bank of New York.