ThinkstockArena Pharmaceuticals Inc. (NASDAQ: ARNA) is posing yet one more threat to ambitious biotechs and drug-makers who are targeting the obesity market. Its stock is getting slapped by almost 10% on news that European…
thinkstockLDK Solar Co., Ltd. (NYSE: LDK) has secured new capital from an investor group. The manufacturer of photovoltaic products has entered into a share purchase agreement with Fulai Investments Limited. Fulai has agreed to…
courtesy Dell Inc.The Dell Inc. (NASDAQ: DELL) buyout keeps getting more interesting. It keeps getting more convoluted as well. We have reported on the possible Dell leveraged buyout from founder and CEO Michael Dell,…
ThinkstockAfter the close on Tuesday we will get to see tech-kings like Google Inc. (NASDAQ: GOOG) and International Business Machines Corp. (NYSE: IBM) report their fourth-quarter earnings. For IT-spending, IBM will be watched closely.…
ThinkstockThe Federal Reserve Bank of Richmond has released its Regional Survey of Business Activity. The bank showed that the service sector activity improved and was bolstered by nonretail services. It also showed that the current…
ThinkstockPortland based boutique brokerage firm Pacific Crest securities came out today with an extremely bullish call on the wireless and tower sector. While starting four companies with an Outperform rating and initiating two with…
courtesy of Sirius XM RadioAn Securities and Exchange Commission filing this morning has shown that Liberty Media Corp. (NASDAQ: LMCAD) has acquired more shares of Sirius XM Radio Inc. (NASDAQ: SIRI). On January 17,…
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) is making an expansion in Canada, which some investors may say is on the heels of a similar move from rival Target Corp. (NYSE: TGT)…
ThinkstockOne report from the Federal Reserve Bank of Chicago is the National Activity Index for the month of December, which was released this morning. It is somewhat misleading by the name because it is…
Wikimedia CommonsCiting solid growth and a surging demand in the need for professional content, Goldman Sachs Group Inc. (NYSE: GS) upgraded the U.S. media sector to Attractive from Neutral today. The bulge bracket brokerage…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Amgen Inc. (NASDAQ: AMGN) cut to Neutral at Credit Suisse. ARM Holdings PLC (NASDAQ:…
ThinkstockThe U.S. stock and bond market may be closed in observance of Martin Luther King Day, but the rest of the world was alive and well. President Obama is being inaugurated. If you use…
The week ahead will be the official flood gate opening for earnings season. We have a very large portion of the S&P 500 Index reporting fourth-quarter earnings, and we have many Dow Jones Industrial Average…
ThinkstockThe Reuters/University of Michigan survey is out with its preliminary January reading on consumer sentiment. Its sentiment index came in at 71.3, which is rather disappointing. Make that extremely disappointing. The December reading was…
ThinkstockFitch Ratings is out with its 2013 outlook for housing, and the news appears to remain favorable after solid single-family housing starts and an unexpected jump in multifamily starts. The single family housing starts…
ThinkstockThe dread and fear that can come with a cancer diagnosis have their roots in its killer nature. It is the number two cause of death in Americans, second only to heart disease, according…
courtesy of Netflix Inc.Netflix Inc. (NASDAQ: NFLX) is trading higher after Janney Capital Markets raised its rating to Buy from Neutral. The firm’s new fair value price target is now $129 per share as…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen so far this Friday from Wall St. research calls: ArcelorMittal (NYSE: MT) raised to Neutral from Sell at Goldman Sachs. Capital…
courtesy General Electric Co.General Electric Co. (NYSE: GE) managed to turn in earnings growth of 7.5% in its fourth-quarter earnings report. The actual earnings were $4.01 billion, or $0.38 per share, but adjusted earnings…
They say that there is an exchange traded fund for just about every investment strategy out there. So how about a “pure gun” ETF? There are aerospace and defense ETFs, but not an ETF…