Zogenix CEO Goes on the Offensive
Zogenix has traded like a company that is about to implode. Its highly controversial Zohydro has been getting inquiries into how it was approved for marketing despite an FDA panel being against the recommendation.
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Jon C. Ogg
Companies That Love March Madness the Most
ThinkstockMarch Madness has arrived for you college basketball fans. What is different about March Madness, versus the Daytona 500, the Indy 500, the Super Bowl, and other key sporting events, is that March Madness…
Did Endocyte Just Become Buyout Bait?
Endocyte is trading like it is being acquired. This is proof that any biotech with great cancer drug news can run, regardless of market conditions. One has to wonder if Endocyte is among the…
Merrill Lynch Defends Home Depot, Says It Is Headed to $100
Bank of America Merrill Lynch is defending Home Depot. What stands out here is not just that the firm is reiterating its Buy rating, but that it is calling for Home Depot shares to…
Herbalife Takes Key Independent Research Analyst Downgrade
Argus has downgraded Herbalife's near-term rating to Hold from Buy. The basis for the call is the recently announced Federal Trade Commission investigation into Herbalife's business practices, including its operations in China.
Top Analyst Upgrades and Downgrades: Apple, Boeing, Exelon, Herbalife, Symantec and More
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Friday, March 21, 2014. The include Apple, Boeing, Exelon, Herbalife and Symantec.
RBC’s Top Five North American Gold Stocks to Buy for 2014
This could be the moment the investors looking to own gold stocks have been waiting for. RBC Capital Markets analysts believe precious metal equities are poised to outperform other mining stocks and maybe even…
SunEdison Breakup Closer to Fruition: Semiconductor IPO Filing Amended
SunEdison is closer to separating its semiconductor and solar operations. This will be a big event for SunEdison because this separation has been a long time in the making.
Zions Comes Up Short on Bank Stress Tests: The Dividend Can Wait
Zions Bancorporation (NASDAQ: ZION) was the one large bank which did not meet the criteria of the latest stress tests that the banks were rallying ahead of. What is interesting is that this was…
Five Stocks That Dominated the Rally on Thursday
ThinkstockWhatever losses were seen from the Yellen guidance on the time for a rate hike cycle to begin were taken back by the stock bulls on Thursday. The market even ignored more financial sanctions…
McDonald’s Loses Its COO — an Early Retirement
Wikimedia CommonsMcDonald’s Corp. (NYSE: MCD) is announcing a management change. While most investors focus on CEO or Chairman replacements, the Chief Operating Officer (COO) is often the person who is most involved in executing…
National Bank of Greece Reports Profits Again
National Bank of Greece is trying to still manage a turnaround. If earnings are a barometer, then the bank could be on the way back up.
Dividend Hikes and Buybacks Expected After Bank Stress Tests
ThinkstockIn the past, big banks and banks that took bailout money had to fret over each and every round of stress tests. That appears to be far from the case for the new 2014…
Tiffany Earnings to Be a Barometer for All Luxury Retail Companies
Tiffany & Co. is set to report earnings Friday morning. The luxury jewelry retailer offers clean insight into luxury spending that can translate into spending trends in so many other luxury categories.
What to Watch For in Nike Earnings
Nike will report earnings on Thursday after the close of trading. As a reminder, Nike is now a Dow Jones Industrial Average component. But its earnings are unlikely to affect the broader markets.
Merrill Lynch Gets Nasty Toward Coal Stocks
ThinkstockCoal may have gotten some life after the price of natural gas surged in the cold winter months. Unfortunately, not everyone thinks that the coal sector’s long-term prospects are rising. Merrill Lynch has lowered…
Why the Oracle Analyst Downgrade Does Not Matter
Oracle was trading down marginally Thursday morning after the analyst team at Argus downgraded the stock to a Hold from a prior Buy rating. This call may be swept under the rug by most…
Leading Economic Indicators Running Higher
ThinkstockA Thursday economic report from The Conference Board was its index of leading indicators for the month of February. We always warn readers that leading indicators may not be as leading as investors would…
Bargain Hunters Returning to AT&T for Dividends and Defense
AT&T has been a very unloved telecom stock for some time now. But most high-yield stocks that are Dow Jones Industrial Average members rarely stay down and out forever. Bargain buyers have started to…
Weekly Jobless Claims Tick Higher
Ed Brown, via Wikimedia CommonsThursday’s jobs report from the U.S. Labor Department showed that weekly jobless claims rose by 5,000 to 320,000. The prior report was left unrevised at 315,000. Dow Jones was calling…