Oppenheimer Declares Time to Buy Netflix and Yelp
Oppenheimer believes the recent sell-off in high-beta Internet and technology stocks has created a buying opportunity in certain stocks. Both Netflix and Yelp were raised to Outperform from Perform.
Oppenheimer believes the recent sell-off in high-beta Internet and technology stocks has created a buying opportunity in certain stocks. Both Netflix and Yelp were raised to Outperform from Perform.
Wikimedia CommonsA team of researchers from Samsung Electronics and Sungkyunkwan University in Korea have succeeded in growing a single-crystal layer of graphene at a size that could lead to the manufacture of bendable phones, tablets…
ThinkstockDespite a constant ongoing debate on Wall Street over the price of oil, the bottom line for investors is that oil prices for West Texas Intermediate continue to hover near the $100 mark. Combine…
These are the top analyst upgrades, downgrades and initiations on Monday, April 7, 2014. They include Alcoa, Avago Technologies, Citigroup, Intel and Newmont Mining.
In a new report, the Credit Suisse team says large cap biotech is cheaper than the S&P 500 on 2016 and 2017 numbers. Here are the top biotech names rated Outperform at Credit Suisse.
GM may have been able to hide the problem of its defective ignition switches for more than a decade because the U.S. Department of Transportation did not want to launch an investigation.
ThinkstockSeveral major surveys of gasoline prices show that the average price of a gallon of regular has reached an eight-month high. Depending on the source, that price is about $3.60. All signs indicated that…
courtesy of Yahoo!Yahoo! Inc. (NASDAQ: YHOO) is trying to get into the content and programming business. And in a really big way. The Wall Street Journal reports that sources say Yahoo is ready to…
ThinkstockMcDonald’s Corp. (NYSE: MCD) will close its three restaurants in Crimea, saying that it is “currently evaluating potential business and regulatory implications which may result from the evolving situation” in the peninsula annexed by…
Weibo Corp. The company that is generally described as the Twitter of China, Weibo, filed for a U.S. initial public offering (IPO) in mid-March and said it was seeking to raise $500 million. Most analysts…
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) has started to offer a series of large discounts on consumer electronics. The move gives it a chance to steal market share from Amazon.com Inc. (NASDAQ: AMZN)…
Thinkstock Independent oil refiner Valero Energy Corp. (NYSE: VLO) and Canada-based pipeline operator Enbridge Inc. (NYSE: ENB) have been granted licenses from the U.S. Commerce Depart to re-export crude oil imported into the U.S.…
courtesy of General MotorsLabel General Motors Co.’s (NYSE: GM) comeback from Chapter 11 as complete despite the massive recalls it faces along with related costs to replace parts and possible liability settlements. The largest…
ThinkstockThe Dow Jones Industrial Average and the Standard & Poor’s 500 Index hit all-time highs this last week, but a sharp sell-off on Friday caused some serious concerns. Fear and greed drive the markets,…
ThinkstockThere are five U.S. companies that make railroad cars. The four independently traded makers have posted significant share price gains in the past two years, but the gains have not been equally distributed. Demand…