These are the top pre-market analyst upgrades and positive research calls we have seen from Wall Street firms early this Thursday morning with more than two hours until the market opens: Finish Line (FINL)…
These are the top pre-market analyst downgrades or cautious notes we have seen early this Thursday morning from Wall Street brokerage firms with more than two hours until the market opens: Athenahealth (ATHN) Started…
Carol Bartz, Yahoo!’s (YHOO) new CEO, says the portal company does not need a deal to combine its search engine operations with Microsoft’s. Yahoo! has about 20% market share in the US to Redmond’s…
The International Air Transport Association says that its forecast that the world’s airlines will loss $4.7 billion this year appears to be much too low. Passenger and freight loads are still well down compared…
Many big-box retailers including Best Buy (BBY), Target (TGT), and Costco (COST) are struggling as the recession beats down their same-store sales. General retailers such as Sears (SHLD) are not faring any better. That…
“Certainly do not give a systemic regulator the job of determining when the next financial crisis will hit,” Alan Greenspan said in a speech at the American Enterprise Institute. The federal government does not appear to…
The ADP number for jobs lost last month was 532,000. It was better than any month since November but worse than what many analysts had expected. Economists predict the unemployment figures from the government,…
Reuters: GM and Chrysler said closing dealers was essential to their restructuring. Reuters: The Justice Department is probing big tech employee recruiting. Reuters: Medical bills underlay 60% of American bankruptcies.
Markets in Asia were lower. The Nikkei fell .8% to 9,669. The Hang Seng was off 1.3% to 18,343. The Shanghai Composite was down .4% to 2,787. At the open in Europe, the FTSE…
Today’s 52-week high review list showed many names which looked like they were trying to break out, but then the pullback kept many of them from making the rounds. But companies such as Applied…
Ben Bernanke has probably already seen accurate estimates of what unemployment figures for May look like. The ADP data indicates that the loss for non-farm payrolls will be well above 500,000 and perhaps as…
The D.O.E. has just released weekly data for crude oil, and the losses in weekly inventories appear to be a bit reversed this last week. Crude inventories came in up 2.866 million barrels at…
In a new research call this morning, Collins Stewart rated Apple Inc. (NASDAQ: AAPL) to a Buy rating. The research call has some serious implications for Google Inc. (NASDAQ: GOOG) on the Android platform,…
Traders are lightly selling Hovnanian Enterprises Inc. (NYSE: HOV) and Toll Brothers Inc. (NYSE: TOL) after the two homebuilders reported earnings between yesterday’s close and this morning’s open. The news is also impacting the…
ADP’s jobs data is showing an expected jobs decrease of some 532,000 for the month of May. The data for April also showed that the job losses were revised down to 545,000. The cuts…
The war for Data Domain, Inc. (NASDAQ: DDUP) is heating up. It was first NetApp, Inc. (NASDAQ: NTAP) that offered to buy the company. Then EMC Corp. (NYSE: EMC) came out with a challenging…
These are top pre-market analyst upgrades and positive research notes we have seen from Wall Street early this Wednesday morning: BB&T (BBT) Raised to Market Perform at KBW. Comerica (CMA) Raised to Overweight at…
These are the top early analyst downgrades and cautious research calls we have seen this Wednesday morning from Wall Street firms: Aetna (AET) Cut to Market Perform at Credit Suisse. Cardinal Health (CAH) Cut…
Antitrust officials have come up with an interesting application of the monopoly laws. They believe that large tech firms like Apple (AAPL), Google (GOOG), and Yahoo! (YHOO) conspired to keep down the compensation of…
Facebook is not likely to make much money selling advertising. Marketers find it hard to target users on social networks. The cannot be neatly grouped like the people who go to Yahoo! (YHOO) Finance…