These are the top Wall Street analyst upgrades, downgrades and initiations seen on Friday, April 11, 2014. They include Cisco Systems, Cogent Communications, Ford, Gap, Pier 1 Imports and Zynga.
In a new Cowen report focusing on three separate industries, the top names to buy in the multi-industry sector stick out as solid names to hold during difficult times.
JPMorgan Chase reported disappointing fiscal first-quarter results before markets opened Friday morning. It also raised its dividend and said it will repurchase $6.5 billion in common stock.
ThinkstockAround this time of the year, all of us start to wonder if this is the year the Internal Revenue Service will come to audit. Most of us don’t have to worry, really, because…
Courtesy Volkswagen AGBetween falling sales and recent quality problems with its cars, Volkswagen continues to do poorly in the United States. This has not kept it from posting impressive March sales numbers. Its top…
ThinkstockYet one more state is about to raise the minimum wage. At the current rate at which states are taking this action, the move by some members of Congress to push the national hourly…
bfishshadow via Wikimedia CommonsThe current sell-off of major U.S. stocks and the resulting drop in the primary indexes shows many signs it could continue. Investors have shown anxiety over high valuations of many tech…
ThinkstockInternational homebuyers are attracted to the United States for a number of reasons. These include favorable housing prices, good weather, the country’s relative economic stability and an attraction to America in general. As the housing market…
Wikimedia CommonsThe Gap Inc. (NYSE: GPS) was probably hoping that its boost to the company’s minimum wage would act as free advertising, but it isn’t. In fact, this looks like March is another disappointing…
thinkstockApril 10, 2014: Markets opened lower on Thursday and could do nothing to turn the tide. Healthcare stocks led the drop, with financials close behind. Two major financial stocks report earnings Friday morning before…
General Motors Co.In yet another blow to the company’s image and profit, General Motors Co. (NYSE: GM) today added the ignition lock cylinder to its recall of 2.2 million older model U.S. cars. All…
The U.S. Treasury may have had a successful 30-year Treasury Bond auction, but the Treasury budget deficit is alive and well. That means more deficits ahead. The Treasury’s budget deficit for the first half…
At its analyst meeting in New York City Thursday, ConocoPhillips reaffirmed its goal of delivering double-digit annual returns to investors by, in part, growing production by 3% to 5% a year.
thinkstockLate night TV is a very competitive business for eyeballs. On top of “The Tonight Show” and many other choices of live and nearly-live entertainment venues for your eyeballs, the news of David Letterman’s…
ThinkstockThe U.S. Treasury has just sold its 3.625% 30-year Treasury bonds, or the so-called long bond, at a yield of 3.525%. The recent unsettling of the stock market recovery might have aided this offering,…