ThinkstockNokia Corp. (NYSE: NOK) and its creditors may have just been given one more confirmation that exiting the highly competitive handset business was the right thing to do. Moody’s Investors Service announced on Monday…
ThinkstockTechnicians are an interesting lot. After all, they use charts, inflows and other overbought or oversold indicators to see what the story is telling you. It is no secret that longer-term gains in the…
Allergan has been a great company, and it can still be one in the future. The question is whether this greatness will be as an independent company or as a subsidiary of Valeant Pharmaceuticals.
Frank Golhen, via Wikimedia CommonsMonday might not feel like any major news day, but the Dow Jones Industrial Average has just hit a new all-time high of 16,695.18. On last look, the Dow was…
Core Laboratories is one of the companies that is very important, yet it is often overlooked in the oil and gas investing circles. With a drop nearing 20% on Monday, this one cannot simply…
Retail behemoth Walmart is expected to post $1.15 in earnings per share (versus $1.14 a year ago) on less than a 2% revenue gain to $116.25 billion when it report its results this Thursday.
courtesy of Cisco SystemsCisco Systems Inc. (NASDAQ: CSCO) is set to report earnings this Wednesday after the close of trading. The networking and communications equipment giant is a Dow Jones Industrial Average component, and…
These are the top Wall Street analyst upgrades, downgrades and initiations for Monday, May 12, 2014. They include Amarin, Boeing, Cisco, KKR, NetApp and Twitter.
ThinkstockMost Wall Street firms hold conferences, but they tend to be more sector specific. Robert Baird just concluded its 35th annual Growth Stock conference, which hosted presentations, meetings and break-out sessions from 139 public…
King Digital Entertainment PLC (NYSE: KING) had a rather poor week. In a week that saw the DJIA and S&P 500 end basically flat, post-IPO investors might have been hoping for more but did…
Jon OggThis last week felt like a roller coaster ride in the markets, yet all in all the markets were little changed from a week earlier. 24/7 Wall St. wanted to feature ten prominent…
courtesy of TwitterTwitter Inc. (NYSE: TWTR) has had its fill of problems. We have warned over and over how media interest could turn on it and drive down use, mainly because Twitter is capable…
ThinkstockEarnings season is winding down and the markets remain choppy. Investors are wary, but they want upside and they keep hearing that this is now a stock picker’s market. 24/7 Wall St. reviews dozens…
Jon OggIs the U.S. Postal Service (USPS) ever going to get back on its feet? It has reported another huge quarterly loss. The struggling company (or government entity) showed more of the same negative…
ThinkstockThe U.S. Labor Department reading on the Job Openings and Labor Turnover Survey (the JOLTS report) showed that some 4.014 million job openings were available in the United States on the last business day…
ThinkstockA reading on wholesale trade was released on Friday morning by the U.S. Commerce Department. This is for the month of March, a period that would have been weather-impacted and would have been under…
Petrobras has been plagued for years, and the capital structure inside the company is about as bad as it can be for the common stockholders who have high ambitions of huge gains down the…
More than once over the past two years, the 24/7 Wall St. team has tried to identify opportunistic times to effectively short the Treasury bond market. If the horrible reaction to Thursday’s 30-year Treasury…
These are the top Wall Street analyst upgrades, downgrades and initiations seen on Friday, May 9, 2014. They include Apple, GE, Molycorp, Occidental Petroleum, Teradata and Twitter.
In a new research note out from UBS, the technology team has identified five former tech names that have been absolutely destroyed in the sell off and could be ready for a trading bounce.