ThinkstockActivision Blizzard Inc. (NASDAQ: ATVI) has seen its shares perform rather well during the latest video game console upgrade cycle. That performance has become good enough that the company announced that Vivendi S.A. will…
ThinkstockThe world of master limited partnerships (MLPs) was being targeted by many critics earlier in the year. Suddenly, a firm oil market and a falling interest rate environment drove up most sectors that offer…
ThinkstockThe FOMC has released the minutes of its April 29 to 30 meeting. We would caution that these minutes cover the announcement by the Federal Reserve from April 30, and we would also stress…
ThinkstockThe Pennsylvania Lottery announced on Wednesday that it sold its first jackpot winning Mega Millions lotto ticket from the Tuesday, May 20, drawing. Someone just became incredibly wealthy — it was a $149 million…
Applied Materials is within grasp of a multiyear (a decade or so) technical breakout pattern. This chip equipment behemoth has had a very hard staying above $20 in the past.
ThinkstockTuesday marked an interesting day, with two more Fed presidents talking up Federal Reserve rate hikes coming sooner than expected. While William Dudley, President of the New York Federal Reserve, was a bit less…
These are the top Wall Street analyst upgrades, downgrades and initiations seen on Wednesday, May 21, 2014. They include AIG, Bank of America, Citigroup, Nokia, Marketo and Voya Financial.
Several things are taking place ahead of the end of May, and the number of pundits getting more worried about the markets seems to be on the rise. The problem is that there are…
ThinkstockAlly Financial Inc. (NYSE: ALLY) had two things working it for shares to rally on Tuesday. The first was that not all of the underwriting group was bullish as Ally’s quiet period was in…
Jon OggEach year toward the end of April and start of May, 24/7 Wall St. gets ahead of the summer doldrums and reviews how likely or serious a “Sell in May and Go Away”…
squirrel83, via Wikimedia CommonsIf you have been reading 24/7 Wall St., you have been warned about the possibility that the Federal Reserve could actually begin hiking interest rates and tightening up on aspects of…
NextEra Energy is supposed to be one of the utilities leading the pack when it comes to renewable energy. Now the utility has announced that its limited partnership has filed for an IPO.
ThinkstockCharles Plosser, President and Chief Executive Officer of the Federal Reserve Bank of Philadelphia, was speaking on Tuesday regarding his economic outlook and housing in front of the Women in Housing & Finance meeting…
Wells Fargo has become the safest of the large banks in America. That can always change in the years ahead, particularly if another mortgage or housing crisis arises. But for now it is the…
MakerBotUntil now, the realm of 3D printing has been targeted more toward industry and commercial markets. After all, the machines cost thousands of dollars (or more) for large-scale 3D printing production. Now we have…
Caterpillar has had a much better performance for its investors in 2014 than the pundits might have guessed. In fact, shares were up about 17.5% prior to Tuesday.
Staples must have forgotten how to tell people they have an "Easy Button." The office supplies leader is out with yet another dismal earnings report. Will Staples ever have a decent earnings report again?
ThinkstockNow that gold has pulled back from a peak of around $1,900 per ounce to less than $1,300 per ounce, many of the gold bugs have disappeared. What is interesting is that the actual…
A new report from Deutsche Bank points out a pullback in monetary policy is a near-term negative. The firm does however, have five top bank stocks to buy now that it remains very positive…
These are the top Wall Street analyst upgrades, downgrades and initiations for Tuesday, May 20, 2014. They include Carnival, Devon Energy, J.C. Penney, Netflix, Iridium and Dow Chemical.