Tom Lee, the equity strategist at J.P. Morgan, thinks that the January sell-off was in large part a function of massive hedge fund and mutual fund manager selling. He also says that January being…
Micron Technology held its winter analyst meeting on February 7, and shares closed at $24.51 on Friday, against a 52-week trading range of $7.64 to $24.77. After the meeting we have seen several analyst…
Pre-eminent proxy advisory firm Institutional Shareholder Services (ISS) has come down on the side of Apple in its clash with activist investor Carl Icahn over an additional $50 billion share buyback Icahn is proposing.
McDonald's released same-store sales results for January on Monday morning and, following a pattern we have seen at many retailers, blamed the weather for a sharp decline in U.S. sales. Gains in Europe and…
ThinkstockThe first-quarter earnings season is starting to wind down, but the information technology (IT) analysts at J.P. Morgan are focused on four names that will be releasing numbers soon. The team suggests that it is…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on is Monday, February 10, 2014. They include Fairway Group, J.P. Morgan, Red Robin and Vodafone.
Declining oil prices will not be good for oil service stocks, and the analysts at UBS say to stay with the big-boys in the sector and avoid the smaller cap names that will be…
Boeing estimates that Asia Pacific airlines will require 12,280 new plans over the next 20 years, 36% of all global deliveries. The company estimates that the Asia Pacific fleet will nearly triple to support…
Toyota Motor said that it will join the exodus of automakers from Australia and stop making cars and engines in the country by the end of 2017. Thousands of jobs will be lost and…
According to the New York Post, "The NYPD is taking a page out of the RoboCop playbook -- outfitting cops with Google Glass so a suspect's life story can flash right before their eyes."…
Facebook founder and CEO Mark Zuckerberg was the largest charitable giver in the United States last year, donating just shy of $1 billion. A large number of the other largest givers were also from…
courtesy of AOL, IncWhen AOL Inc. (NYSE: AOL) CEO Tim Armstrong said on Thursday that the company was changing the way it paid its 401(k) benefits, he blamed Obamacare and two “distressed babies” born…
Courtesy United Parcel Service Inc.According to some estimates, up to 40% of the value of world trade travels by air. Thinking about that, the factoid has the ring of truth. You don’t need a…
ThinkstockInitial public offerings (IPOs) have skyrocketed so far in 2014, particularly for new biotech firms. According to the Financial Times, eight biotech firms raised a total of more than $500 million last week alone.…
ThinkstockGoPro Inc., maker of a hands-free, high-definition video camera that can be attached to a variety of objects, animals, or people in motion, filed a confidential registration for an initial public offering (IPO) on…