By John Tamny of RealClearMarkets Responding to the almost monolithically positive coverage of the Obama administration by the national press, Phil Bronstein, editor-at-large for the Hearst Newspapers, observed recently that the Administration and…
These are Tuesday’s top analyst upgrades and positive research calls we have seen early this morning with more than two hours until the market opens: Amazon.com (AMZN) Raised to Outperform at Cowen. Coach (COH)…
Cellular providers including Sprint (S), AT&T (T), and Verizon Wireless (VZ)(VOD) have had the broadband wireless market all to themselves. WiFi offered some modest competition, but its service only works within a few hundred…
California has begun to issue IOUs to many state vendors as it grows cash on hand dwindles. The largest state in America as measured by GDP is up against a $24 billion deficit.
Facebook is becoming one of the most dangerous places on the internet. According to Reuters, “Scammers break into accounts posing as friends of users, sending spam that directs them to websites that steal personal…
Hyundai has been gaining auto market share in the US. The Korean firm sold almost 37,000 light vehicles in America last month. Its success is moving it to a level where it has begin…
China may invest $10 billion in Brazil state oil company, Patrobras, on terms that the Latin American company cannot help but find attractive. In advance of the investment, China has secured 100,000 to 160,000…
Reuters: Cybercrime is spreading fast on Facebook. Reuters: GM will seek to sell most of its assets to a new company. Reuters: Madoff got 150 years in prison. Reuters: AIG (AIG) shareholders will elect new…
Markets in Asia were mixed. The Nikkei rose 1.8% to 9,956. The Hang Seng was up .3% to 18,588. The Shanghai Composite fell .5% to 2,959. At the open in Europe, The FTSE was…
Psychologists and psychiatrists around the world gathered for drinks and conversation tonight in their local coffee houses as Bernie Madoff boarded the bus to prison. The world will wait for his death bed confession…
The online university giant Apollo Group, Inc. (NASDAQ: APOL) has just posted its first $1 billion revenue quarter which showed 26% year-over-year growth. The company’s degreed enrollment has now reached 420,700 during the third…
Mid-America Apartment Communities Inc. (NYSE: MAA) has a new investment partnership it plans to use for making acquisitions. The $250 million fund may be a bit misleading on the size, mainly because its partner…
Many knew that the huge Russell rebalance stocks was creating huge selling in the names toward the end of last week. Yet on no news today we are seeing solid gains in many of…
This morning came a report from the Conference Board that is the new version of the old “Help Wanted” Index. There is still a gain in online job postings since March of 35,000, but…
Analysts were appalled when Goldman Sachs (GS) paid a 10% coupon on a $5 billion investment made by Warren Buffett of Berkshire Hathaway (BRK-A)(BRK-B) in September of last year. He also was given an option…
Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) has picked up a new analyst and new coverage. Very few analysts cover the stock due to its share price and its holding company model. Keefe Bruyette…
SolarWinds, Inc. (NYSE: SWI) is indicated up this morning. The recent IPO’s quiet period by analysts has ended and the initiations of new coverage looks positive on the surface. Since its IPO, shares have…
John Tamny Whenever politicians see fit to offer up policy solutions to economic problems, a healthy bit of skepticism is in order. Indeed, to paraphrase the great economist Charles Kadlec, bull markets never die…
These are the top analyst upgrades, downgrades and initiations of new coverage which we have see from Wall Street this Monday morning: ALCOA (AA) Cut to Underperform at FBR. Bed Bath & Beyond (BBBY)…
Sony (SNE) is getting ready drop the price on its PS3 and Microsoft (MSFT) is set to do the same with the Xbox 360. At least that is how “inside baseball” tech site Ars…