ThinkstockQUALCOMM, Inc. (NASDAQ: QCOM) has been riding the smartphone wave for quite some time now. Its earnings report may be indicating that all trends either peak or need to take a breather before resuming.…
U.S. equity markets opened mixed this morning as investors and traders tried to make sense of more than 150 earnings reports that were released between last night’s closing bell and this morning’s opening. The…
Earlier today we had been predicting that a dividend hike was going to be announced by both Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) very soon. It turns out the dividend…
Courtesy The Procter & Gamble Co.Since consumer products giant Procter & Gamble Co. (NYSE: PG) reported less than stellar results this morning, shares have dropped about 5% and there are new rumblings that CEO…
courtesy of Sprint Corp.If any other telecom company had turned it the earnings results we saw this morning from Sprint Nextel Corp. (NYSE: S), that company’s shares would have dropped at least 10% if…
Citigroup Inc. (NYSE: C) is defying the market trends so far on Wednesday as the company’s annual shareholder meeting. The bank is still in what will be a multiyear turnaround. At the company’s annual…
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) has released the company’s proxy statement for its June 7 annual shareholders’ meeting. From the company’s point of view, the election of 14 of its…
Thinkstock24/7 Wall St. has been tracking companies that raise their dividends for quite some time. This week both oil giants Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX) are reporting earnings. We…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 900,000 barrels last week, bringing the total U.S. commercial crude inventory to 388.6 million…
ThinkstockShares of MetroPCS Communications Inc. (NYSE: PCS) are looking for direction on reports that its shareholders have approved the takeover by T-Mobile. It was hard to not notice that shares rose 2.3% just yesterday…
ThinkstockChinese solar panel maker LDK Solar Co. Ltd. (NYSE: LDK) missed a $24 million bond repayment last Tuesday, and on Thursday it turned in absolutely terrible numbers for its fiscal 2012 fourth quarter. The…
Wall St. analyst calls very frequently are directional. In short, they tend to upgrade or downgrade stocks in the same manner because they theoretically have access to the same information. That is not the…
ThinkstockCorning Inc. (NYSE: GLW) reported first-quarter 2013 results before markets opened this morning. The specialty glass and technology products maker posted adjusted diluted earnings per share (EPS) of $0.30 on revenues of $1.81 billion.…
ThinkstockThe report on durable goods for the month of March is turning out to not be too durable. This is a highly volatile reading because it involves so many big ticket items from airlines to…
Investors and traders are always on the lookout for fresh research ideas from Wall St. that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls to find…