ThinkstockPetróleo Brasileiro S.A. (NYSE: PBR), known as Petrobras to most U.S. investors, may finally be closer to a bottom in its stock price. While U.S. oil giants have hung in there, Petrobras shares just…
ThinkstockLowe’s Companies Inc. (NYSE: LOW) said this morning that it has concluded an asset purchase agreement to acquire the majority of the assets of Orchard Supply Hardware Stores Corp. (NASDAQ: OSH) for $205 million…
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index rose by eight points from 42 in May to 50 in June. A January reading of 47 had been the highest for the…
Now that the news behind PRISM has scared millions of consumers about privacy issues, companies are releasing figures covering how many requests local, state and federal governmental agencies have made. The periods are various from…
ThinkstockAK Steel Holding Corp. (NYSE: AKS) announced this morning that it expects to post a second-quarter loss in the range of $0.33 to $0.38 a share. The consensus estimate from Thomson Reuters called for…
Courtesy Boeing Co.Today marks the official start to the biannual Paris Air Show, and already The Boeing Co. (NYSE: BA) and competitor Airbus, a division of the European Aeronautic Defence and Space Co. (EADS)…
ThinkstockStocks were already higher this Monday morning in early trading, and now we have some economic readings to support the gains. The Empire Manufacturing Index is released monthly by the Federal Reserve Bank of…
ThinkstockYesterday was a busy day for the board of directors at Weyerhaeuser Co. (NYSE: WY). The REIT named a new chief executive officer, announced a deal to spend $2.65 billion to acquire another 645,000…
These are the top analyst downgrades, cautious research notes and stocks to sell from Wall Street for Monday, June 17, 2013. They include Teradata, T-Mobile US, Lululemon and Time Warner Cable.
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Monday, June 17, 2013. They include ChannelAdvisor, Comcast, Tesla Motors and Koninklijke Philips.
ThinkstockThe analysts at Lazard Capital continue to believe that underlying fundamentals for the top companies in the drug channel (distributors, retailers, etc.) remain sound. Prescription use has picked up over the past six months,…
ThinkstockOver the past five weeks, the 10-year Treasury bond yield has increased by over one-half of one percent from 1.66% to 2.17%. The overall equity market has rallied 3.8% during this stretch but as…
courtesy of NetflixIn what the company calls a “groundbreaking deal,” Netflix Inc. (NASDAQ: NFLX) announced this morning that it has signed a multiyear deal with DreamWorks Animation SKG Inc. (NASDAQ: DWA) to offer TV…
ThinkstockOne of the bigger acquisitions of the year is getting a negative review from a major shareholder. Smithfield Foods Inc. (NYSE: SFD) has agreed to be acquired by China’s Shuanghui International Holdings Ltd. for…
ThinkstockHow does a large company market a product on Facebook Inc. (NASDAQ: FB)? By using the Facebook page of one of its senior executives? Huawei is about to find out whether that approach will work.…