The earnings season is mostly winding down, but we still have a slew of retail earnings in the apparel and home categories. On Thursday alone, we have earnings from Dick’s Sporting Goods Inc. (NYSE:…
Large U.S. banks have raised money to improve their capital position this year, in some cases because the government required them to do so. Bank analysts have worried that a wave of write-downs on…
U.S. Treasury Secretary Timothy Geithner spoke this morning and has effectively called for banks which have received government bail-out funds to boost their lending activities. Geithner noted that a lack of lending and strict…
If you thought you might not see another green energy or less-dirty energy exchange traded-fund, there is a new ETF for you. First Trust Advisors is launching the First Trust NASDAQ Clean Edge Smart…
The Department of Energy has just released its weekly oil inventories data and those wanting stable prices from oil data may be disappointed. We are watching the key ETFs around the news via the…
American Superconductor Corporation (NASDAQ: AMSC) is one of the (almost) cult stocks out there in the field of alternative energy and green energy as its has proprietary megawatt-scale wind turbine designs and electrical control…
This morning we have a syndicate bonanza with a very solid IPO pricing and many secondary offerings getting priced. Fortinet, Inc. (NASDAQ: FTNT) priced 12.5 million shares in IPO at $12.50, above the $9.00…
These are this morning’s top day trader and active trader alerts with big volume or big moves in early pre-market trading. We have more detailed analysis and data with a link to each stock…
We have been given some exclusive coverage on the recent developments in special purpose acquisition companies and blank check companies from SPACupdate.com this morning. Stream Global Services (AMEX: SGS), the business outsourcer brought public…
American Express Company (NYSE: AXP) is about to get larger in the credit arena, and in a new path than its traditional high-end clients. The company announced that it has agreed to acquire Revolution…
Updated throughout the day. Updated 1.48 PM EST: News Corp’s (NYSE:NWS) MySpace is in talks to buy free music streaming site imeem. (AP) Update 1.42 PM EST: Google (NASDAQ:GOOG) will launch its own Android…
These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Analog Devices (NYSE: ADI) Raised to Conviction Buy List at Goldman Sachs. Arch Coal (NYSE: ACI) Started…
By Douglas A. McIntyre “A chicken in every pot and a car in every garage.” –Herbert Hoover, 1928. Federal regulators plan to propose a way to get inexpensive broadband to every person in the…
The Insurance Institute for Highway Safety came out with its annual list of safest cars. Ford (NYSE:F) and its Volvo unit got six awards, VW and Subaru each got five. Chrysler had four cars…
The State of California claims that as much of 10% of the region’s electricity is used by televisions. The state government is considering setting standards for TV energy consumption that would push 25% of the sets…
Websites in the US were attacked by hackers earlier this year. The assaults slowed down some sites and closed other online services completely. It was assumed at the time that the attacks originated in North Korea and…
The most charitable thing that can be said about Vikram Pandit, the CEO of Citigroup (NYSE:C) since December 11. 2007, is that he was in the wrong place at the wrong time. The bank’s stock is…
The restructuring of the American car business is still a work in progress. Chrysler laid people off as late as last month. The industry fired tens of thousands of people during 2008 and 2009.…
Reuters: Thain regrets nothing he did at Merrill Lynch and during its merger with Bank of America (NYSE:BAC). Reuters: Trump put his support to the bondholders of his casino business. FT: A Chinese court…
Market in Asia were mixed. The Nikkei was down .6% to 9,677. Japan Air hit a low for the year. Mitisubishi UFJ (NYSE:MTU) posted strong earnings after the close. The Hang Seng dropped .2%…