Bank of America Corporation (NYSE: BAC) was all over the news for repaying the TARP and for its huge $15.00-equivalent stock offering of more than $19 billion. The S&P rebalance helped Bank of America…
Akamai Technologies Inc. (NASDAQ: AKAM) rose 7.9% to a yearly high of $25.66 after the software company was upgraded to “outperform” by Oppenheimer & Co. Flow International Corp. (NASDAQ: FLOW) rose over 33% to…
This morning the Bureau of Labor Statistics announced that the unemployment rate had dropped from 10.2% to 10% and that nonfarm payroll jobs declined by just 11,000. The market rallied in the early morning,…
We have had a hard time not noticing how many more emails Apple Inc. (NASDAQ: AAPL) has sent out on deals compared to last year. More importantly, we have noticed how consumer electronics and…
Baker Hughes Incorporated (NYSE: BHI) has just released its weekly rig counts. It looks like we have another week of rig count growth on the three major counts, a positive development for those wanting…
If you have followed Sprint Nextel Corporation (NYSE:S) since way back when Sprint was Sprint and Nextel was Nextel, you know how the Sprint story is riddled with lawsuits from affiliates and full of…
The video game sector is not improving with the economy. It seems to not even be getting ‘less-bad’ with the other sectors that are looking ‘less-bad’ compared to earlier months. Last night’s awful earnings…
The nation’s headline unemployment number declined in November, from 10.2% to 10%. Nonfarm payroll jobs declined by 11,000, with the average decline over the past three months being 135,000. Job loses were primarily in…
These are this morning’s top day trader and active trader alert stocks. We have more detailed volume data and analysis on each stock story via a link over to VSInvestor.com: Smith & Wesson Holding…
Updated throughout the day. Kraft (NYSE:KFT) will make its official offer to Cadbury (NYSE:CBY) shareholders (Reuters) The 300 richest people in Switzerland lost $10 billion this year. (Bilanz) Goldman Sachs (NYSE:GS) management may take some of…
The Labor Department is out with its November unemployment rate and the change in non-Farm payrolls. The official unemployment rate in November went down to 10.0% from 10.2% in October. That is of course…
These are this Friday’s top ten analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Air Products & Chemicals (NYSE: APD) Started as Outperform at William Blair. Akamai Technologies, Inc. (NASDAQ: AKAM)…
The head of Toyota (NYSE:TM) recently said that a recall of four million cars with floor mat problems would not hurt company profits anywhere near as much as a surging yen and falling dollar.…
Caveat emptor. Caveat emptor. Chinese official are blaming US banks for selling some of the country’s state-owned companies complex derivatives on which they lost money. The FT and other media report that “A senior Chinese official…
The argument that Goldman Sachs (NYSE:GS) will pay its employees too much this year has always been a weak one. Some shareholders believe that more money should be going to them, perhaps in the form of…
A new survey from ChangeWave shows that holiday spending has improved in 2009 compared with 2008 and purchasing activity at Amazon (NASDAQ:AMZN) is soaring. The study of 2,954 consumers was completed on November 10.
Several Senators cuffed Fed Chairman Ben Bernanke around during hearings today. Chris Dodd, who runs the Senate Banking Committee in whose presence Bernanke appeared, gave the world assurances that the Fed chief would be…
Reuters: Goldman Sachs (NYSE:GS) may make bonus payments in stock. Reuters: China is worried about sticking to dollar deposits. Reuters: A well-known economist says housing will continue to fall. Reuters: Bank of America (NYSE:BAC)…
Markets in Asia were mixed. The Nikkei was up .4% to 10,023. Honda (NYSE:HMC) and Sony (NYSE:SNE) rose but Toyota (NYSE:TM) dropped. The Hang Seng fell .3% to 22,495. Sinopec (NYSE:SNP) fell. The Shanghai…
Washington Post Co. (NYSE: WPO) has to be thankful that it is not just a newspaper company as most tend to think of it. Today, came an analyst rating action that was actually in…