Avago Technologies Set to Join S&P 500
Avago Technologies announced that it has completed its acquisition of LSI Corp. The latter will cease to be publicly traded after the closing bell Tuesday, and Avago will replace it on the S&P 500.
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Trey Thoelcke
Markit IPO: Watch Out Bloomberg
London-based financial information services company Markit is hoping to challenge larger competitors Bloomberg and Thomson Reuters by raising fresh capital via an IPO in the United States.
KBR to Restate 2013 Financials to Include Additional Losses
Not surprisingly, shares of KBR took a hit in early trading Monday after the company announced its intention to restate its consolidated financial statements for the year 2013.
Apple Seeks More Buzz
For more than a decade, Apple was at the forefront of innovation as its products revolutionized their markets. But it is clear that its product introductions have slowed down, each one less revolutionary than…
Is Avon Finally Set to Turn Around?
Beleaguered beauty products company Avon has struggled for years to turn itself around. When Sheri McCoy was brought on as CEO a little more than two years ago, she promised a turnaround.
T-Mobile Adds Record Number of Subscribers
T-Mobile reported a bigger-than-expected net loss for the first-quarter 2014 before markets opened Thursday. It also said it added a record number of new subscribers in the period.
Mylan Falls Short on Revenues, Hints at Acquisition to Come
Mylan reported first-quarter 2014 results before markets opened Thursday. The generic drug maker reaffirmed its full-year EPS guidance and hinted at an acquisition by the end of the year.
These Stocks Will See Heavy Buying as the Russell Rebalances
In a new research note, the Quantitative Strategies Team at Jefferies offers a look behind the curtain at some of the stocks that could see heavy buying as the month winds down.
Jefferies Challenges Chip Bear: Five Top Stocks to Buy
A bearish contingent on Wall Street says that says the PC game is all but over, and top chip stocks are in trouble. In a new research report, the analysts at Jefferies say not…
Teens Still Just Not That Into Facebook
Bad news for Facebook: the percentage of teens active on the social media platform fell by 9% last year, according to a global survey of Internet users. Twitter does not have it quite so…
Five Top Health Care Names From RBC to Buy Now
ThinkstockThe intense analysis of quantitative managers may seem like drudgery, but it can turn up absolute gems for investors looking for solid long ideas. In fact, firms like RBC use as much as 18…
Top Analyst Upgrades and Downgrades: Buffalo Wild Wings, Coca-Cola, DSW, Intuitive Surgical and More
Here are the top analyst upgrades, downgrades and initiations seen from Wall Street on Tuesday, April 29, 2014. They include Buffalo Wild Wings, Coca-Cola, DSW and Intuitive Surgical.
Coach Earnings Buoyed by Overseas Sales
ThinkstockCoach Inc. (NYSE: COH) reported third-quarter fiscal 2014 results before markets opened Tuesday. The luxury accessories company posted adjusted diluted earnings per share (EPS) of $0.68 on revenues of $1.10 billion. In the same…
National Oilwell Varco Sinks From Year-to-Date High
National Oilwell Varco tumbled Friday morning from a year-to-date high on Thursday on a narrow miss in first-quarter results. The pullback could offer an entry point for investors.
Meda Shareholder Blocks Mylan’s Second Takeover Bid
Shares of Mylan retreated first thing Monday morning, after the generic drugmaker's sweetened bid for Swedish drugmaker Meda was rejected.
Jefferies Says Value Stocks Outperform Growth Stocks After Earnings Reports
In a new research report, the analysts at Jefferies point out that after earnings reports, even if they are positive, top value names are outperforming growth names.
Corning Flirts With Multiyear High After Earnings
Corning reported better-than-expected first-quarter 2014 results before markets opened Monday, giving shares a boost in premarket trading to near the a two-year high.
The Eight Most Shorted Stocks on the Nasdaq
bfishshadow via Wikimedia CommonsShort sellers continue to hold huge positions not only in troubled companies like BlackBerry and Staples, but also in blue chips like Microsoft. As of April 15, the most recent settlement…
The Eight Most Shorted Stocks on the NYSE
courtesy of Alex Proimos, via Wikimedia CommonsShort sellers continue to hold huge positions not only in troubled companies like J.C. Penney and Alcoa, but also in blue chips like AT&T and General Electric. As…
Now That Microsoft Has a Handset Business, What Does It Do With It?
Now that Nokia has unloaded its unprofitable mobile handset business on Microsoft the question is how does Microsoft make it profitable? What did Microsoft get for its $7.52 billion?