GDP and Durable Goods Pancake Growth
ThinkstockTwo economic readings will be the talk of the market on Wednesday. The first is a very poor turnout of first quarter gross domestic product (GDP) revision. The second is a durable goods report…
ThinkstockTwo economic readings will be the talk of the market on Wednesday. The first is a very poor turnout of first quarter gross domestic product (GDP) revision. The second is a durable goods report…
These are the top Wall Street analyst upgrades, downgrades and initiations for Wednesday, June 25, 2014. They include Apple, Coach, J.C. Penney, Micron Technology, Whole Foods and Vertex Pharmaceuticals.
In a new research report, Merrill Lynch analysts noted a clear path higher for the tech-heavy Nasdaq. It cited very positive technical support that could help to lift the markets to another round of…
ElPolloLoco.comEl Pollo Loco is coming public. The casual dining food chain filed its paperwork with the Securities and Exchange Commission that will allow it to conduct an initial public offering. While the filing has…
ThinkstockCyber-Ark Software Ltd. is supposed to be one of the top new global players in data security. Now it has filed for an initial public offering. CyberArk offers a new layer of IT security…
Wikimedia CommonsCaterpillar Inc. (NYSE: CAT) has been a massive surprise so far in 2014. Things looked very bad at the start of 2014, and this DJIA stock was among the biggest losers in 2013.…
thinkstockMicron Technology Inc. (NASDAQ: MU) was set up as an earnings report that was priced for perfection. It might not have been perfect, but the results were good enough that investors and analysts have…
Should NetworkSolutions, part of Web.com, be down 20% just with Google testing out a website domain registration service that could be another of the dozens of fledgling services launched by Google that never really…
A Sterne Agee research report is calling Coeur Mining stock grossly undervalued -- and its share price could double! They cited a royalty agreement and the Guadalupe project development.
ThinkstockMorgan Stanley has restarted its coverage of the retail sector, with a very mixed fanfare among the key retailers in America. What is interesting is how some of the stocks were given new Underweight…
ThinkstockThe Federal Reserve Bank of Richmond manufacturing index showed an unexpected drop in the month of June, falling to a reading of 3 from 7 in May. Bloomberg’s consensus estimate had the index remaining static…
ThinkstockThe Conference Board has released its Consumer Confidence Index for June, and the numbers are looking good. Confidence continues to improve, rising to 85.2 in June from 82.2 in May. The Bloomberg consensus was…
ThinkstockFor five years now, investors and savers have faced the lowest interest rates since the 1950s. Wall Street pundits breathlessly gush over the fact that small and large investors are reaching for yield, and…
These are this Tuesday's top Wall Street analyst upgrades, downgrades and initiations. They include Best Buy, Costco, PetSmart and Target.
ThinkstockWhen Wall Street analysts look for data points to reinforce and justify their views on a stock, much of it can found in the profit and loss or balance sheet statements. Orders and forward-looking…
The Dow Jones Industrial Average (DJIA) has recently hit new highs, and the reading of 17,000 is now within striking distance. Another milestone is also not that far out of range — DJIA 20,000! If…
courtesy of Sirius XM RadioSirius XM Radio Inc. (NASDAQ: SIRI) was a buyout target not that long ago. It turns out that John Malone and his team of Sirius XM insiders were conducting a…
Enphase Energy is a winner in the trends toward solar, but it is often overlooked because the company makes microinverter systems, rather than panels, for the solar photovoltaic industry.
Standard & Poor's has affirmed its AA/A-1+ ratings on Berkshire Hathaway, but where the call gets interesting is that S&P moved its Negative outlook up to Stable.
ThinkstockMany investors believe that stocks become cheap once they drop 50% from their peak. The problem is that a 50% off stock market sale does not mean that a company is cheap against the…