Can Dendreon’s Stock Really Double Again?
ThinkstockDendreon Corp. (NASDAQ: DNDN) is seeing shares surge higher on Friday on an analyst upgrade. The move higher is part because Dendreon has a long history of boom and bust with large share price…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 453Major Earnings on Deck for the Coming Week (FCX, EBAY, JPM, BAC, C, GS, GE, MS, SLB, INTC, LLTC, XLNX)
Frank Golhen, via Wikimedia CommonsThis coming week is going to be the real opening of the floodgates when it comes to earnings season. 24/7 Wall St. has screened through dozens and dozens of coming…
Cable Subscriber Numbers Begin Slide
ThinkstockThe number of U.S. households paying for TV service is expected to fall slightly in 2012, from 100.9 million in 2011 to 100.8 million. While not a big dive in itself, if the forecast…
U.S. Crop Report Boosts Ag Prices
ThinkstockToday the U.S. Department of Agriculture (USDA) inaugurated its new practice of releasing the monthly crop reports at noon ET. January saw a decline in the forecast for the Florida orange crop, down 2.7%…
Seaway Pipeline Open for Business
ThinkstockCrude oil transportation on the Seaway pipeline resumed today at the pipeline’s full capacity of 400,000 barrels a day now available to shippers wanting to move crude from the storage point at Cushing, Oklahoma,…
Flu Season Epidemic Likely a Boom for Funeral Homes and Death Care
ThinkstockThe 2012 to 2013 Flu Season is in full force and it looks stronger than we have seen in years. If you look at the Google map of the Flu season the outbreak map…
Trade Deficit Report Trims GDP Forecasts
ThinkstockThis morning’s report on a wider than expected U.S. trade deficit is leading many economists to revise downward their forecasts for fourth quarter U.S. GDP growth. The November deficit totaled $48.7 billion, up from…
Junk Bond Spreads Continue to Tighten, Another Yield Bubble Starting to Form
If the spread of junk bonds keeps contracting as investors clamor for yield in an environment where yields are so low, they are going to be priced where investment-grade bonds used to be priced.…
Fed President Plosser Sees Inflation Risks
ThinkstockCharles Plosser, President of the Federal Reserve Bank of Philadelphia, told an audience in New Jersey this morning that while he sees no near-term or medium-term risk of inflation, in the longer term the…
BofA/Merrill Lynch Goes Positive on Housing (TOL, DHI, AWI, OC, MAS, BKD, ESC)
ThinkstockBank of America/Merrill Lynch is going positive on the housing sector. This call is in builders and in building products, but they also made a positive call on two senior housing plays. It should…
Cantor’s Conviction List Stocks With the Most Upside in 2013 (CREE, FRX, RFMD, SLXP, UNIS)
This week Cantor Fitzgerald released its inaugural list of “Conviction” equity ideas for 2013. Far from being a copycat list that mimics every other large bulge bracket firm on the street, the firm produced…
ArQule Fails in Colorectal Cancer Trials
ThinkstockArQule Inc. (NASDAQ: ARQL) is about to lose some serious hope for investors. It and Daiichi Sankyo announced that the top-line results of phase 2 trial with tivantinib in colorectal cancer did not meet the primary endpoint of…
SEC Gets Some Pushback on Decision to Allow Copper ETF
ThinkstockIn mid-December, the U.S. Securities and Exchange Commission approved a proposal by J.P. Morgan Chase & Co. (NYSE: JPM) to create an exchange traded fund backed by physical copper. Copper users and traders had…
Lower Margins on Interest Cool Wells Fargo Shares
ThinkstockWells Fargo & Co. (NYSE: WFC) reported fourth-quarter 2012 and full-year results this morning. The bank reported quarterly diluted earnings per share (EPS) that totaled $0.91 on revenue of $21.9 billion. In the same…
Top Analyst Upgrades and Downgrades (ADTN, AIG, AAPL, CPB, CTRN, DNDN, DPS, EA, GIS, JCP, MMM, NOK, PM, RIMM, THC, VIAB, WYNN)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research firms this Friday. ADTRAN Inc. (NASDAQ: ADTN) maintained Underperform but named Bear of the Day at Zacks.…