Why Oracle Earnings Matter So Much for 2014 After Cisco
courtesy of OracleOracle Corp. (NYSE: ORCL) is set to report earnings on Wednesday after the close. 24/7 Wall St. wanted to bring an earnings preview on the matter, but we want to stress that…
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Jon C. Ogg
Lottery Rises to $636 Million: What to Do (and Not Do) If You Win
Mega MillionsThe Mega Millions lottery just keeps going higher and higher. Tuesday’s jackpot was around $585 million, but now it has jumped up to a whopping $636 million in annuity value. The estimate all-cash…
3M Had GE Dividend Envy After All: A 2014 Surprise
Courtesy 3M Company3M Co. (NYSE: MMM) is rallying after the company affirmed its long-term revenue and earnings growth targets, as well as offered its 2014 goals. More importantly, 3M seems to have taken our…
Top Analyst Upgrades and Downgrades: Avago, Facebook, Twitter, Herbalife, HP and More
Jon Ogg in NYCStocks are wanting to challenge their all-time highs again going into year-end, and investors have to figure out how to position their portfolios for 2014. 24/7 Wall St. reviews dozens of…
Labor Department and CPI: From Not Enough Inflation to No Inflation
ThinkstockThe Federal Reserve is due to start its two-day FOMC meeting to determine whether to taper its bond buying activities under its quantitative easing measure. If the Labor Department’s report on inflation is accurate,…
Cisco Snags Rare Credit Rating Upgrade by S&P
courtesy of Cisco SystemsWhen you think of Cisco Systems. Inc. (NASDAQ: CSCO) and ratings upgrades or downgrades, 99.9% of the time it would pertain to the Wall Street stock analyst ratings. This is the…
How a Sprint T-Mobile Stacks Up Against Verizon and AT&T
Jon Ogg in NYCThe merger gods have their worshipers yearning for more deals going into year-end. The proposed merger of Sprint Corp. (NYSE: S) and T-Mobile US (NYSE: TMUS) is not exactly a new…
Why Goldman Sachs Chased Warren Buffett Into Exxon Mobil
Wikimedia CommonsExxon Mobil Corp. (NYSE: XOM) received a huge endorsement in the past month or so when it became known that top investor Warren Buffett had taken a big stake in the integrated oil…
GE Dividend Hike Much Better Than Meets the Eye
ThinkstockGeneral Electric Co. (NYSE: GE) is about to enter into 2014 with some wind at its back. We now know what GE plans to do with its U.S. consumer finance operations, and we know…
Oppenheimer Raises Red Flags on AMD, Broadcom, Cirrus
ThinkstockIf you want to know what a broad semiconductor downgrade looks and feels like, Oppenheimer has one for you going into 2014. The firm downgraded Advanced Micro Devices Inc. (NYSE: AMD), Broadcom Corp. (NASDAQ:…
Twitter Downgrades Should Have Been Expected
courtesy of Twitter UPDATE: December 16, 2013, 11: 55 a.m. — While the three major indexes are posting nice gains today, shares of Twitter Inc. (NYSE: TWTR) are down about 3.8% following the two…
Top Analyst Upgrades and Downgrades: AMD, Apple, Exxon and More
Jon OggStocks have pulled back marginally but are still close to all-time highs. We are sliding into year-end, and investors are trying to position themselves for 2014 and beyond. 24/7 Wall St. reviews dozens of…
Mega Millions Lottery Jumps to $550 Million: What to Do If You Win
Mega MillionsThe Mega Millions lottery drawing for the whopping $425 million produced no winners for the huge jackpot on Friday night. Friday the 13th did not get to shed its superstitious image of bad…
Friday 13th Mega Millions Lottery Hits $425 Million
Mega MillionsIsn’t Friday the 13th supposed to be considered an unlucky day? Perhaps a massive lottery drawing on the night of Friday the 13th will change that. The Mega Millions jackpot is now up…
Top Analyst Upgrades and Downgrades: BP, Cisco, GM, Twitter and More
ThinkstockStocks are still close to all-time highs as the new year approaches, and investors have to start positioning themselves for 2014. 24/7 Wall St. reviews dozens of Wall Street analyst reports each morning to…
Argus Analyst Top Picks for 2014: eBay, Facebook, Mylan, Home Depot and Many More
ThinkstockArgus research is truly considered independent, meaning the firm has no investment banking relationships with public companies that would cloud its judgment. This is a key reason we value its research. The firm is joining…
Labor Department Shows Weekly Jobless Claims Screamed Higher
Ed Brown, via Wikimedia CommonsThe U.S. Labor Department is out with its report on weekly jobless claims, and the report showed a serious surge in new jobless claims. It also reverses a series of…
Top Analyst Upgrades and Downgrades: Citigroup, GE, Melco Crown, Oracle and More
ThinkstockInvestors and traders alike have been positioning their portfolios and assets going into year-end, at the same time that stocks keep challenging all-time higher highs almost each week. 24/7 Wall St. reviews dozens of…
Facebook Finally Joins the Prized S&P 500 Index
Brian Solis, via Wikimedia CommonsFacebook, Inc. (NASDAQ: FB) is getting the wish that many index investors have been hoping would happen. In fact, many index traders were expecting that Facebook would be added to…
Hilton IPO Arrives at a Fair Price
ThinkstockHilton Worldwide Holdings Inc. has now formally priced its initial public offering of 117,640,624 shares of common stock at $20.00 per share. This pricing is rather fair considering that the price range was last…