Pier 1 Imports (PIR) shareholders have been through a painful quarter. Stock in the company have dropped over 40% in the last 90 days. That got worse today. PIR said its same-store sales for…
VS Investor posted several day-trade alerts. The first was for McAfee (MFE) which was hammered by analyst downgrades. Ambac (ABK) spiked up 20% on strong volume.
LoJack Corp. (NASDAQ: LOJN – News) may have seen some of the first positive news in some time, which will allow the company to migrate away from being reliant solely upon tracking autos at…
GM (GM) likes its "employee pricing" incentives so much that it is going to extend them through the end of September and make them available on more models. Good new. Bad news. Clearly GM…
The first point most investors will make about CostCo’s (COST) August revenue is that it came in under expectation. But, that would be to miss the point. A survey of analysts by FactSet Research…
These are some of the top analyst upgrades and positive calls we are seeing this Wednesday morning: Cabot Corp. (CBT) Raised to Buy at KeyBanc. Pharmacyclics (PCYC) Raised to Outperform at RBC. Tenet Healthcare…
These are some of the top analyst downgrades and negative calls we are seeing this Wednesday morning: Adolor (ADLR) Cut to Neutral at Piper Jaffray. Allscripts (MDRX) Cut to Neutral at Piper Jaffray. Ceradyne…
Banks have been taking money from the Fed for months. They can pledge dirty dishes and wall paper in exchange for real cash at low interest rates. The system has been hailed as the…
The good thing about the Apple (AAPL) iPod is that the company has sold 160 million of them. That is the bad thing about the device as well. Apple ships about 10 million units…
After months of haggling with governments in the US and Europe along with IMF officials. the world’s largest sovereign funds have agreed that their investments in banks and corporations will not be a veiled…
Almost everyone with any schooling in the matter thinks that oil demand is dropping as the global economy slows. Hurricanes might take out some production, but that would be temporary and the government says…
Drilling into the jaw bone without Novocaine. The competition to maybe buy or maybe not buy Lehman (LEH) picks up a new angle everyday. The latest is a report by Reuters that HSBC and…
According to Reuters, oil fell another $1 to $109. Reuters writes that Coca-Cola (KO) will pay $2.5 billion for Chinese juice maker Huiyuan, Reuters writes that Google (GOOG) believes the its new browser will…
Coeur d’Alene Mines (CDE) Bad day for commodities stocks. Drifts down to $1.62 from 52-week high of $5.18 Newfield Exploration (NFX) Crude down $6. Bad day for oil exploration stocks. Falls to $39.98 from…
With a $6 a barrel drop in oil prices, this was supposed to be one of the best days of the year for the stock markets. The Nasdaq opened up 55 points at 2,402…
Chesapeake Energy (CHK) announced today that it will create a joint venture with the US division of BP plc (BP) that will give BP a 25% stake in Chesapeake’s Fayetteville Shale assets in exchange…
24/7 Wall St. asked Sprint (S) CEO Dan Hesse a few questions.Here are his answers. 24/7: Sprint has clearly had trouble with customer service which has shown up in studies like JD Power. You…
Merck (MRK) and Schering-Plough (SGP) make two of the most widely sold drugs in the world. One is cholesterol drug Zetia. Another is a related drug called Vytorin. The sales of the treatments topped…
The Commerzbank buy-out of Dresdner Bank was not a shotgun wedding. Neither institution was failing. The severe balance sheet problems facing may other global money center banks were not an important consideration. The Commerzbank…
Earlier this year, it did not take much to disrupt the price of oil and send it rocketing up. The market was inclined to believe that almost all news about crude was bad news.…