Tesla Takes on New Jersey Governor Christie
New Jersey is not the only state in which Tesla Motors has run afoul of established automobile dealerships. The company's direct sales model is the issue, and many states have either banned or restricted…
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Year: 2014
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Newest first · Page 403Activist Hedge Fund Brings Excitement to Boyd Gaming
Shares of Las Vegas-based casino operator Boyd Gaming took off in after-hours trading Monday after a regulatory filing from activist hedge fund Elliott Associates disclosed that it owns 4.99% of Boyd's shares outstanding.
Puerto Rico Surprise: Scores With Upsized Bond Offering
ThinkstockPuerto Rico has started to be referred to as one of the PIIGS of America. The island nation, or protectorate, actually now appears to be conducting a very successful bond offering as investors are…
Chevron Plans to Get Slimmer
At its analyst meeting in New York Tuesday morning, Chevron trimmed its 2017 production forecast from 3.3 million barrels of oil equivalent per day to 3.1 million. Falling natural gas prices and costly project…
Two New Catalysts Driving AMD Higher
Shares of Advanced Micro Devices moved higher Tuesday after Ascendiant Capital started coverage of the stock with a Buy rating and news that the sovereign wealth fund of Abu Dhabi had exercised warrants to…
3D Systems Still Overvalued, Despite Upgrade
Financial services firm Stephens Inc. upgraded its rating on shares of 3D Systems Tuesday morning from Equal Weight to Overweight. But 3D Systems still may be overvalued more than competitor Stratatsys.
Why Citigroup Thinks J.C. Penney Is a Buy Now
J.C. Penney is usually pounded in the news, so it tends to stand out any time you see any analyst upgrade in this battered retail stock. And it really stands out when that upgrade…
Merrill Lynch Changes to Small and Mid-Cap Alpha List
Bank of America Merrill Lynch is making changes to its Small and Mid Cap Alpha List, a list of companies that have $1 billion to $5 billion market caps at the time of inclusion.…
Will Titanfall Save Xbox One?
Tuesday is the day that Titanfall hits the shelves, and the big question is whether the sci-fi shooter game will get the Xbox One back in the video game console battle that until now…
Top Analyst Upgrades and Downgrades: AMD, Apple, CDW, Facebook, J.C. Penney and More
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Tuesday, March 11, 2014. They include AMD, Apple, CDW, Facebook and J.C. Penney.
Catalysts That Could Push Top Biotech Stocks Even Higher
Many bears on Wall Street say that biotech stocks are overvalued, but many trade in line with historical valuations. In a new research report, Cowen highlights upcoming catalysts that could send some of the…
American Eagle’s Forecast Inspires More Gloom
American Eagle Outfitters reported solid fourth-quarter and fiscal 2013 results before markets opened Tuesday morning. But comments on its first-quarter outlook have shares sinking in the premarket.
Dick’s Sporting Goods Posts Mixed Results, Offers Weak Forecast
Dick's Sporting Goods reported mixed fourth-quarter and full-year 2013 results before markets opened Tuesday morning. It also offered lower-than-expected forecasts for the current quarter and full year.
Deutsche Bank Predicts 5% Stock Market Correction
In March 2013, the S&P 500 transitioned into a secular bull market. Since 1950, the average secular bull market started from a mid-teens P/E and lasted about 2.5 years on average. The bull markets…
Small Business Optimism Sinks on Uncertainty
ThinkstockThe National Federation of Independent Business (NFIB) Tuesday morning reported that its small business optimism index for February dropped a substantial 2.7 points from 94.3 in January to come in at 91.4. February’s figure…