By John Tamny of Forbes With the federal government’s measure of unemployment in the double digits, President Obama has unsurprisingly moved job creation to the top of his list of initiatives. And while his…
These are ten of the most important analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. You will probably notice a substantial focus on media-related shares: AOL Inc. (NYSE:…
Tiger Woods has lost a lot of his friends, at least among the public. A new Rasmussen survey released today reports that a national telephone survey found that just 38% of Americans now have a favorable opinion…
It may be another sign of a bottoming in the housing market, both in terms of foreclosures and prices. RealtyTrac reports that foreclosure filings fell 8% in November compared to the previous month, down…
Many Indian tribes have creates substantial businesses by building casinos on their land. The income from these operations is largely exempt from taxes. The casino business has been hit hard by the recession, especially…
Blockbuster (NYSE:BBI) has failed in the online DVD rental business and movie internet streaming business. The traffic to its thousands of stores is dropping rapidly and its cannot close locations fast enough. Long-term leases…
Washington has looked at the idea of taxing the rich to help pay for the healthcare reform package. The UK is taxing well-to-do bankers taking 50% of their 2009 bonuses above a threshold of…
Reuters: Dubai said the market’s perceptions of its problems is “softening.” Reuters: Citigroup (NYSE:C) could sell $20 billion in shares soon. Reuters: Hershey (NYSE:HSY) is near a decision on Cadbury (NYSE:CBY). Reuters: GM named…
Markets in Asia were mixed. The Nikkei fell 1.4% to 9,863. The Hang Seng fell .2% to 21,692. The Shanghai Composite rose .5% to 3,254. At the open in Europe, the FTSE was up…
Short sellers sharply increased their gamble that financial stocks would fall based on short selling data from NYSE and Nasdaq on the last day of November. Shorts pushed into Citigroup (NYSE:C), increasing their positions…
3M Company (NYSE: MMM) rose nearly 4% to a yearly high of $79.93 after the Post-It Notes maker was upgraded to “buy” by Jeffrey Sprague of Citigroup. The Cooper Companies Inc (NYSE: COO) surged…
If the rumor mill is accurate, it seems that Citigroup Inc. (NYSE: C) may get to beat Wells Fargo & Co. (NYSE: WFC) in the race to exit the TARP in the catch-up game…
It looks like the SPDR Gold Shares (NYSE: GLD) is about to get some new competition, albeit far a far smaller trading vehicle. A F-1 filing at the SEC was made today by Sprott…
If new data out of Experian Hitwise is accurate, then Google Inc. (NASDAQ: GOOG) is again taking market share in the US search market against competitors Yahoo! Inc. (NASDAQ: YHOO) and Microsoft Corp. (NASDAQ:…
General Electric Co. (NYSE: GE) has a unique speech with what will seem like some very new direction occurring today. Chairman & CEO Jeff Immelt has prepared a speech for delivery to the United…
Treasury Secretary Geithner has told Congress he will extend the existence of the TARP program through next October, but it is not clear that every member of the House and Senate will share his goals for the fund,…
The weekly oil inventory data from the Department of Energy is out with some very mixed data. The headline data on crude may be a shocker, but the rest of the data is counteracting…
Monday and Tuesday came the downgrades for Greece by ratings agencies. Now it is Spain’s turn, or at least the writing is on the wall. Standard & Poor’s has revised Spain’s outlook to “Negative,”…
Updated throughout the day. Obama intends to extend the term of the TARP and may use some of it for deficit reductions (CNBC) Howard Stern may not renew his contract with Sirius XM (NASDAQ:SIRI) …
These are this morning’s key day trader and active trader alert stocks. We have given more details and analysis on each stock and story with a link over to VSInvestor.com: We have given new…