The Alcoa of Yesteryear Is Transforming — for a Much Better Tomorrow
The aluminum company Alcoa is transforming. The company you used to know is upgrading itself and making its business model less and less dependent on basic aluminum trade.
All Work
Jon C. Ogg
A Severe Warning for the Petrobras Recovery
Fitch warns that the Brazilian government's decision to assign the production of the excess volume of the transfer of right areas to Petrobras will further pressure the company's cash flow generation ability.
Goldman Sachs Conviction Buy List Surprises: MLP and Coal
On Friday, Goldman Sachs made two very unusual changes Conviction Buy List: one a master limited partnership and one a coal company.
Top Analyst Upgrades and Downgrades: Alcoa, Cigna, Intel, Molina, Teva, UnitedHealth and More
These are the top analyst upgrades, downgrades and initiations from Wall Street firms for Friday, June 27, 2014. They include Alcoa, Cigna, Intel, Molina Healthcare, Teva Pharmaceutical and UnitedHealth.
Plug Power Blogging Its Way to Stock Gains
ThinkstockShould companies be blogging news and corporate developments? Many companies do, even the likes of Google, and many times the blog posts contain breaking news that should have been flagged under Reg. FD or which…
Chile’s Atacama Desert to Be First Solar’s Next Massive Solar Project
ThinkstockFirst Solar Inc. (NASDAQ: FSLR) may have had this project on the books for a while, under contingencies, but the company is now apparently going to be building the largest PV solar power plant…
Verizon Losing German Government Contracts
Verizon Communications reportedly will lose its contract with the German government due to fear of letting intelligence agencies from the United States listen in on sensitive communications.
Greek Banking Sector Recovery Warning From S&P
Only just recently have analysts and credit ratings agencies warmed up to National Bank of Greece and other banks in Greece. Now S&P reclassifies Greece's banking industry.
Bed Bath & Beyond Simply Cannot Cure Its Woes, a Value Trap
When the stock market is near all-time highs, Bed Bath & Beyond managed to hit a 52-week low after its earnings miss and announcement of new share buybacks.
Richmond Fed President Lacker Warns of Rate Hikes
Richmond Fed President Jeffrey Lacker was a continuous voice of dissent on quantitative easing for quite some time. So, it should be no surprise that he is calling for rate hikes from the Federal…
Personal Income and Spending May Limit Q2 GDP Recovery
ThinkstockWe have already seen a slightly lower reading on weekly jobless claims on Thursday, but the more important report is on personal income and spending. The U.S. Commerce Department reported that personal income rose…
Weekly Jobless Claims Come in Lower but Look Flat
ThinkstockThe U.S. Labor Department has issued its weekly jobless claims, and we saw another drop in claims. Unfortunately, that decline was only by 2,000, down to 312,000. The prior week was also revised from…
Top Analyst Upgrades and Downgrades: Amazon, Facebook, Google, Netflix, Twitter, Disney and More
These are the top analyst upgrades, downgrades and initiations from Wall Street firms for Thursday, June 26, 2014. They include Amazon, Facebook, Google, Netflix, Twitter and Disney.
IPO Filing for Woodside Homes: Adventures in Homebuilding
ThinkstockBefore you write off housing again, what does it tell you if there is another filing for an initial public offering in the housing sector? A company named Woodside Homes Inc. has filed for an…
Hedge Funds Now Hold Over $3 Trillion in Assets
ThinkstockThe data group named eVestment has a report of inflows of capital for the hedge fund industry which was published on Wednesday. After another $22 billion in new capital was allocated to hedge funds…
Warning for GM and Ford: Car Loans Becoming the Next Bubble in Banking
ThinkstockThe Office of the Comptroller of Currency is not as well known to most Americans as other financial regulators in the United States. Still, its observations often become more widely followed in the months…
Google Android One Seeks Sub-$100 Smartphone in Emerging Markets
Google's new Android One initiative was unveiled on Wednesday, and the goal is significant: getting cheap smartphones in the hands of consumers in emerging and developing market economies.
Why U.S. Refiners Are Getting Crushed on Oil Export Allowance
With word that the U.S. will allow Enterprise Products Partners and Pioneer Natural Resources to export super-light oil (condensate) for the first time decades, the move is crushing refinery stocks.
Wild Swings in Big Oil Short Interest in June
There were some rather large changes in the numbers of shares short in the big oil stocks in early June. Still, an elevated short interest trend remains in place in the industry.
Short Interest Screams Higher in Defensive High-Yield Stocks
The short interest data for the first two weeks of June show that short interest was higher in almost all our go-to list of defensive high-yield stocks that are not utilities.