We are updating our list of tier-one Defensive Stocks since so many of these stocks have run up and since lists need continual updating. Our originally updated list of tier one defensive stocks was…
Shares in Citigroup (C) are off by over 1% today despite a positive report from research firm Punk, Ziegel. The reason the big bank is trading near its 52-week low may be that Sanford…
The people over at Bear Stearns decided to kick Starbucks (SBUX) while it is down. Perhaps the company deserves it. The investment house dropped its rating from "outperform" to "peer perform". According to MarketWatch…
The people over at Bear Stearns decided to kick Starbucks (SBUX) while it is down. Perhaps the company deserves it. The investment house dropped its rating from "outperform" to "peer perform". According to MarketWatch…
National City Corp. (NYSE: NCC) is following suit of many of the financial lending companies. The company has slashed its dividend by 49% down to a new $0.21 dividend rather than its historic $0.41…
Akeena Solar, Inc. (NASDQ: AKNS) has announced that its solar panel technology called Andalay will be distributed in Europe, Japan and Australia under a license agreement with Suntech Power Holdings Co., Ltd. (NYSE: STP). …
Federal-Mogul Corp. has announced it emerged from Chapter 11 on December 27, 2007 as the effective date of its reorganization plan. CEO Jose Maria Alapont noted beginning 2008 as being well positioned for sustainable…
LDK Solar (NYSE: LDK) has issued guidance of $960 million to $1 Billion in revenues, although First Call has consensus at $1.05 Billion. It now sees wafer shipments at 510-530 MW and polysilicon production…
Apple’s (AAPL) share of PC sales rose to 6.8% in December according to Market Applications. The research shows that the figure moved up to over 8% the last two days of the month. The…
These are not at all the only impact analyst calls kicking off the new year, but these are the calls we are focusing on this morning at 247WallSt.com: Advanced Micro Systems (AMD), LSI (LSI),…
AMD (AMD) has already fallen as much as almost any stock traded on the NYSE during 2007. Now it has been downgraded to "sell" at Banc of America. According to MarketWatch the investment bank…
At the end of the year much of the selling in the market is to lock in loses made by bad bets on stocks which went the wrong way. The theory goes that, as…
Markets in Europe were mixed at 6.15 AM. The FTSE was up .6% to 6,497. Barclays (BCS) was up 2.3% to 515.50. Prudential (PUK) was down 1.1% to 704.5. The DAXX fell .1% to…
Shares in AT&T (T) are up 70% over the last two years. The S&P is up less than 20% for that period. But, the big telephone company may not be able to duplicate its…
United Technologies (UTX) has done well for investors. Its shares are up over 35% during the last two years. Its larger peer GE (GE) is up only 5% during the same period. But, UTX…
As the year turns two pieces of unrelated news may turn out to be part of the same fabric. Kuwait has announced that its sovereign fund will begin to cherry pick US companies that…
It looks like December will be another ghastly month for US car companies. Based on a survey of auto analysts by Bloomberg, units moved by the old "Big Three" could drop 7% or so…
According to Reuters, AT&T (T) may take a stake in Malaysia’s TM International Reuters writes that weak Wall St. bonuses may cut into some luxury spending. The Wall Street Journal reports that some money…
2007 has been a volatile year in the stock market, but there are many key technology CEO’s who just aren’t making a passing grade. 247WallSt.com has issued a brief list of some recognized CEO’s…
Year-over-years earnings for US companies have been rising since Cro-magnon man emerged from the forests of Europe 40,000 years ago. It appears that the streak is coming to an end. Based on data from…