Commodity Alchemy: Turning Gold into Lead
ThinkstockWhen the commodity traders at Goldman Sachs Group Inc. (NYSE: GS) say that commodities may be oversold right now they exclude gold from the rest of the asset class. In the near term, the…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 363Pricing/Demand Trends Get Favorable For Beer, Wine and Spirits Makers
ThinkstockGood news is headed the way of beer, wine, and spirits makers. Those past cost pressures are abating and trends are starting to look up as a report from Moody’s Investors Service on Monday is…
BofA/Merrill Lynch Cautions on Software Valuations with Downgrades
ThinkstockIn this morning’s top analyst upgrades and downgrades feature, which we run each morning, Bank of America/Merrill Lynch downgraded both Adobe Systems Inc. (NASDAQ: ADBE) and Intuit (NASDAQ: INTU) in the server and enterprise…
Online Real Estate Firms Jockey for Position (TRLA, Z, MOVE)
ThinkstockReal estate information service Trulia Inc. (NYSE: TRLA) today filed an amended Form S-1 with the Securities and Exchange Commission to sell 5.25 million shares in a secondary offering. The company plans to offer…
Today’s Market Winners and Losers
Photo by Spencer Platt/Getty ImagesThe stock market is down Monday, with the Dow Jones Industrial Average down 0.11%, the Nasdaq down 0.17% and the S&P 500 down 0.16%. Today’s sole winner is an online…
Conference Board Confirms Solid Jobs Data, but Warns of Sequestration
ThinkstockThe Conference Board has released its monthly Employment Trends Index for the month of February, and it very much confirms the strength seen in Friday’s nonfarm and private sector payrolls reports from the U.S. Department…
Another Huge Price Target Boost for Google
courtesy of Google Inc.The Internet analyst folly on Wall St. continues. On Monday came yet another higher price target for Google Inc. (NASDAQ: GOOG) as RBC Capital Markets has raised the Google stock price…
UBS Sees Great Opportunity in Fallen Tech Angels in 2013 (VMW, NUAN, AAPL, NFLX, CRM, NOK, AMD)
ThinkstockMost investors are aware of the fact that the stock market can be a cruel and fickle mistress. What is big and cutting edge one day, especially in the technology world, can easily become…
Omthera Pharmaceuticals Files for IPO
ThinkstockOmthera Pharmaceuticals has joined the wave of companies wanting to come public. Omthera is a clinical stage biotech and will trade under the ticker OMTH on Nasdaq after its initial public offering. The underwriting…
Dell, Icahn Go Behind Closed Doors
courtesy Dell Inc.In a terse press release this morning, Carl Icahn’s Icahn Enterprises L.P. (NASDAQ: IEP) said that it has entered a confidentiality agreement with Dell Inc. (NASDAQ: DELL) and “looks forward to commencing…
Brazil Slashes Ethanol Tax
ThinkstockBrazil is the world’s largest producer of ethanol, which the country’s producers make from sugar cane stalks. The bad news is that lower petroleum prices have cut demand for ethanol and nearly 20% of…
Big Banks Could Go Higher as UBS Upgrades Citigroup to Buy (C, BAC, WFC, STI, KEY, RF)
ThinkstockThe financial sector took a beating during the mortgage and housing market meltdown that threw the nation into recession in 2008. After five years of bailouts and rebuilding, the banking sector has come back…
Top Analyst Upgrades and Downgrades (ADBE, ALTR, MT, AHL, BBVA, BBY, CNX, DVA, INTU, ITRI, MYL, BTU, SFD, VE)
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Adobe Systems Inc. (NASDAQ: ADBE) cut to Neutral at BofA/Merrill Lynch. Altera Corp. (NASDAQ: ALTR)…
Dick’s Sporting Goods Drops on Failed Weather Predictions, Soft Guidance
ThinkstockDick’s Sporting Goods Inc. (NYSE: DKS) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the fourth quarter, the sporting goods retailer reported diluted earnings per share (EPS) of $1.03 on…
Another Tough Year for Canadian Solar
ThinkstockCanadian Solar Inc. (NASDAQ: CSIQ) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the fourth quarter, the solar panel maker reported an adjusted diluted earnings per share (EPS) loss of…