Wall Street Analysts Defend Gold Miners
ThinkstockIt is no secret that the gold bugs got squashed, but Wall St. analysts are starting to have something different to say. The price of gold broke from a peak of close to $1,800,…
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Jon C. Ogg
Bank of America Earnings: Sometimes Great Is Just Not Enough
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corp. (NYSE: BAC) is out with it first-quarter earnings, and the report leaves a little something to be desired. Earnings were $2.6…
J&J Shareholders Should Expect Higher Dividend Next Week
Wikimedia CommonsJohnson & Johnson (NYSE: JNJ) managed to beat earnings expectations this morning, and the drug and consumer products giant also reaffirmed its earnings guidance for 2013. This morning we noted that we still…
Intel Earnings Drag, but Solid Enough Against PC Trends
Wikimedia CommonsIntel Corp. (NASDAQ: INTC) has just reported its first-quarter earnings of 2013. The chip and processor giant report earnings of $12.6 billion, and the net income of $2.0 billion generated earnings of $0.40…
VIVUS FDA Approval of Qsymia Expands the Obesity Customer Base
ThinkstockVIVUS, Inc. (NASDAQ: VVUS) has just secured Food and Drug Administration approval of an amendment and modification to the Risk Evaluation and Mitigation Strategy for its weight-loss drug Qsymia. With a recent study published…
U.S. Companies That Track Terrorists, Aid Homeland Security and Sell to Law Enforcement
America lost its ability to ease into the thought that it was safe again on Monday after the Boston Marathon bombs killed three people and injured more than 100. This is very unfortunate, and for…
Despite the Gold Tank, SPDR Gold Has More Gold Than Almost All Nations
ThinkstockThe SPDR Gold Trust (NYSEMKT: GLD) has cratered along with the gold market. We will see if the bounce holds from Tuesday morning, but it has been hard to not see that the gain of…
March Industrial Production and Capacity Not Driven by Manufacturing
ThinkstockIndustrial production and capacity utilization data have been released for the month of March. Production rose more than expected, with a gain of 0.4%, versus the Bloomberg consensus estimate of 0.2%. Capacity fell from…
Stern Agee Sees Plenty of Upside for J.P. Morgan and Wells Fargo
ThinkstockStern Agee issued a research call on Monday that may have been lost in the shuffle with gold tanking and with a terror attack hitting the Boston Marathon. The firm raised its expectations for both…
Tame March CPI Supports Market Recovery
ThinkstockThe U.S. Labor Department has provided retail inflation data via the March Consumer Price Index (CPI). CPI came in at -0.2% on the headline report, with only a gain of 0.1% on the core CPI,…
UBS Has Very Positive Views on Big Retail (COST, TGT, WMT)
ThinkstockUBS has initiated new analyst coverage of the large retailers this morning, and we have focused on the big three retailers: Costco Wholesale Corp. (NASDAQ: COST), Target Corp. (NYSE: TGT) and Wal-Mart Stores Inc. (NYSE:…
Top Analyst Upgrades and Downgrades (AEP, BXP, COST, DCT, FSLR, OAKS, HK, LIFE, NSFT, OC, PNG, SRPT, S, TGT, WMT)
Jon OggInvestors and traders are usually on the lookout for new research ideas that will generate higher income or more profits. 24/7 Wall St. reviews many Wall St. analyst research calls to find great ideas in value stocks,…
J&J Manages to Beat Earnings Despite Currency Drag
Wikimedia CommonsJohnson & Johnson (NYSE: JNJ) has now reported its first-quarter results, showing an 8.5% gain in sales to $17.5 billion, and earnings of $4.1 billion on a normalized earnings basis that came to…
Countries Buying the World’s Gold
ThinkstockGold prices may have just plummeted by double-digits — the biggest percent sell-off in four decades — but some of the world’s central banks are still buying up large amounts of the precious metal. Specifically,…
Explosions in Boston Roil Markets
UPDATE at 4:05 PM EST: Bloomberg TV has used a Boston Police Department report calling that there have been 22 injuries and 2 deaths, as well as secondary devices being found. Unfortunately it looks…
Gene Patent Showdown for Myriad Comes to a Head
ThinkstockShould a company get to patent your genetic DNA? That is the question when it comes to Myriad Genetics Inc. (NASDAQ: MYGN). This company and its stock are at the center of a multi-year…
Why Investors Should Demand Much Higher Dividends from IBM
courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) is set to report earnings this Thursday, and we have Big Blue as one of our top DJIA expected dividend hikes for the month of April.…
The Gold Crash Moves from One Year to One Week — or One Day
ThinkstockBeware of the calls to try to catch falling knives. Stepping in front of the train that is selling in gold and silver may come with severe pain for investors trying to fight the trend.…
More Reason to Expect Exxon and Chevron Dividend Hikes
ThinkstockIt was late in March when we predicted several DJIA stocks would increase their dividend payments in April. Monday morning brought news that Procter & Gamble Co. (NYSE: PG) was increasing its common stock…
New York Manufacturing Slides Lower but Remains Positive
ThinkstockThe Federal Reserve Bank of New York has released its Empire Manufacturing Survey for the month of April. While conditions improved slightly, the overall index posted a drop of about six points to 3.1…