ThinkstockThe Federal Reserve has released its year-end reading of household net worth, as well as domestic nonfinancial debt, for 2013. The good news is that this is a record high. The bad news is…
Odyssey Marine Exploration is the winner from yet another shipwreck salvage. It was awarded the exclusive contract to conduct an archaeological excavation and recover the remaining valuable cargo from the SS Central America shipwreck.
24/7 Wall St. wanted to see just how different the markets were from five years ago. The differences may look extreme, as one likely would guess consider that it is from the absolute trough…
Despite a new team running the show, and despite that RadioShack has ample liquidity to operate normally for now, the stark reality that up to 1,100 stores needed to be closed only highlights how…
ThinkstockDespite some very weak independent jobs reports seen so far this week, the U.S. Department of Labor reported that the number of weekly jobless claims fell by 26,000 to 323,000 in the latest week.…
J.P. Morgan Chase is being given quite a complement from Bank of America Merrill Lynch. The firm's Erika Najarian reiterated her Buy rating on the bank, along with a $68 price target.
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms in Thursday, March 6, 2014. The include Biogen Idec, Exxon Mobil, MarkWest Energy and Yum! Brands.
ThinkstockIt looks like the market is going to have to brace for yet another lackluster payrolls and unemployment report on Friday. Wednesday’s economic reports showed weak readings from the ADP payrolls report and also…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday, March 5, 2014. They include Apple, Bank of America, Pandora Media, Staples and Smith & Wesson.
Lorillard had an impressive Tuesday trading session on reports that Reynolds American was interested in buying the company. The merger would consolidate the pure-play tobacco companies in America from three down to two.
ThinkstockSomeone has the opportunity to come into instant riches. The Pennsylvania Lottery’s Mega Millions drawing for Tuesday, March 4, is up to $240 million in annuity value. Winners can also choose the $133,700,000 cash…
Apple has announced that Peter Oppenheimer will retire as the tech giant's chief financial officer. Any time a CFO retirement comes up, it can create change inside a company.
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Tuesday, March 4, 2014. The include Coca-Cola, Dendreon, Procter & Gamble, SunEdison and 21st Century Fox.
ThinkstockBefore getting too excited about the end of tensions, one must understand that the Russian ambitions in Crimea and the Ukraine will not likely disappear overnight. Still, world markets recovered handily on Tuesday after…
ThinkstockThe military actions in the Ukraine are costing Russia big time. Vladimir Putin received approval internally to use military action, but the men who approved the action may have cost themselves serious money when…
ThinkstockMonday’s economic reports targeted personal income and personal spending, but we would note that the markets are currently focused on Russian military action in the Ukraine. This morning’s report also covers the month of…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Monday, March 3, 2014. They include Apple, MarkWest Energy Partners, NII Holdings, RF Micro Devices and SodaStream.
ThinkstockThe world of master limited partnerships, or MLPs, has been suffering under concerns of late. There is at least some worry that those high payouts that investors generally consider as dividend yields could come…
ThinkstockWith the top stocks in the market exploding in price due to the recent rally, we wanted to scan across our research universe for some lower priced names that could have significant upside. As…
The higher the market goes, the more likely analysts are to pull the trigger on names they think are stretched. The problem for analysts: In a hot market, stocks often go higher when they…