ThinkstockToday’s key economic report was the Institute for Supply Management Nonmanufacturing Index from October. The ISM gave a reading of 54.2%, and that is still in the growth area above the 50.0 mark. But…
thinkstockFacebook Inc. (NASDAQ: FB) did see some key executives sell shares into the lockup expiration last week. Sheryl Sandberg, who is chief operating officer, and often considered the adult supervision at Facebook, acquired shares…
via Wikimedia CommonsBioMarin Pharmaceutical Inc. (NASDAQ: BMRN) is surging on news that a drug met its primary endpoint and that it will seek approval in early 2013. The company’s Phase III study of GALNS is for the treatment…
ThinkstockWalgreen Co. (NYSE: WAG) is still trying to recover from weak comparable store sales figures. The drug store giant reported that October same-store sales were down by 5.9%, worse than expected, due to changes…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. ADT Corp. (NYSE: ADT) started as Buy at Citigroup. E.I. du Pont de Nemours &…
ThinkstockWe have two investment banking forms merging to become one larger firm. In a surprising merger transaction, Stifel Financial Corp. (NYSE: SF) and KBW Inc. (NYSE: KBW) have announced a definitive merger agreement to create…
ThinkstockThe woes of Alcatel-Lucent S.A. (NYSE: ALU) are growing. A quarterly loss of more than $460 million if you adjust dollars for euros is one thing, but the company cannot get its growth back.…
courtesy of BlackberryThe recent rally in shares of Research in Motion Ltd. (NASDAQ: RIMM) was looking a bit too extended even yesterday. Shares are up again, but only marginally compared to the moves of…
ThinkstockThe Active Network, Inc. (NYSE: ACTV) is a company that we wondered if it really needed to be public. The company offers software for event management and online registrations, but many Americans may know…
courtesy of philip morris internationalToday’s big report was from the Labor Department on the Employment Situation in October, but we also received word on factory orders for the month of September. With this being…
thinkstockRestoration Hardware Holdings Inc. (NYSE: RH) is opening for trading despite the delays seen in other IPOs due to Hurricane Sandy closing the exchanges. The high-end furniture and fixture retailer sold some 5,164,332 shares…
thinkstockThe solar sector’s problems may reach far and wide, but the employment around the industry actually is still growing. A new report from the Solar Energy Industries Association will be formally released in about…
thinkstockAfter a highly controversial drop in the unemployment rate to 7.8% from 8.1% in September, we now have the October unemployment rate announcement from the Labor Department. The official unemployment rate for October is…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. The Active Network Inc. (NYSE: ACTV) cut to Market Perform at Raymond James and cut…
ThinkstockStarbucks Corp. (NASDAQ: SBUX) is surging after its earnings report as traffic rose for the coffee giant. Sales rose a sharp 6% for its same-store sales. The earnings reported by Starbucks came in at…
ThinkstockLinkedIn Corp. (NYSE: LNKD) is rising after its earnings report. The social network for professionals (i.e., the network that isn’t for burning idle time), showed that its revenue for the third quarter was up…
thinkstockFirst Solar Inc. (NASDAQ: FSLR) is out with its earnings report for its third quarter. The report is pretty poor, but not so dismal that investors are hitting the panic button again. Net sales fell by…
ThinkstockThe National Association of Credit Management has released its economic report for October, and the group saw a decline in its metrics. This is not ever really a market moving number on its own…
ThinkstockVeriSign, Inc. (NASDAQ: VRSN) is a company which occasionally comes up as a winner or loser in the domain name registration control. The company has issued a statement regarding the pending review by the…
courtesy of BlackberryResearch In Motion Limited (NASDAQ: RIMM) may have run up too much in the last two days. Shares were up on Wednesday, after being closed for two days with the broader US…