It was widely expected on Sunday that Hurricane Sandy was going to create closures of the major financial exchanges on Monday October 29. What was not know was the status for Tuesday, October 30…
flickr / gsfcEarlier today we outlined some of the risks which were seen in overseas trading of the Property & Casualty (P&C) insurance sector and for the reinsurance sector. Now we have seen some…
courtesy of ebayIt was just last week that 24/7 Wall St. announced the new Layoff Kings For Late 2012. While eBay Inc. (NASDAQ: EBAY) was not officially listed as a layoff company, we had…
via Wikimedia CommonsThere is some potentially very good news for those with gastrointestinal stromal tumors. The FDA has granted a priority review to the New Drug Application of Bayer HealthCare and Onyx Pharmaceuticals, Inc.…
Jon OggThe markets are currently closed for trading due to storm concerns in the areas all around the surrounding New York City. Still, investors may want to review and consider some of the key…
The Federal Reserve Bank of Dallas is now showing that growth is present but slowing in its region. Today’s Texas factory activity increased in October based on the responses of business executives. The Texas…
Riverbed Technology Inc. (NASDAQ: RVBD) is trying to see if an acquisition can truly help the company get its growth back on track in a meaningful way for shareholders. Riverbed is using its $3.5…
There is another economic report to digest ahead of closed markets this Monday. The Chicago Fed Midwest Manufacturing Index fell by 0.4% in the month of September. The new reading is down to a…
The markets may be closed for trading due to Hurricane Sandy, but the futures were scheduled to stay open until 9:15 a.m. EST on Monday. The Commerce Department today released personal income and spending…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. Allstate Corp. (NYSE: ALL) named Bull of the Day at Zacks. Armour Residential REIT…
If Hurricane Sandy remains a Category 1 hurricane, property and casualty insurers may end up be on the hook for damages more than the reinsurers. We have seen an estimate of damages from the storm…
Halloween is not just for fun. It adds billions of dollars to the economy. And if early projections come true, then Halloween 2012 will be the biggest ever. That is good news for just…
24/7 Wall St. has been monitoring news stations and exchange news ahead of the landfall for Hurricane Sandy on the eastern seaboard. As we have multiple locations, we will still be publishing some news as…
The Reuter’s/University of Michigan’s consumer sentiment index has now been revised to a slightly lower level for October, but to a level that is still much better than trend over the prior months. In…
Friday’s IPO comes from The WhiteWave Foods Company (NYSE: WWAV). This is a packaged food and beverage outfit, and its top brands include plant-based foods and beverages, coffee creamers and beverages, and premium dairy products.…
Nokia Corp. (NYSE: NOK) better have a hit with its upcoming Windows-based Lumia phones if it wants to remain relevant. If Lumia flops, then Nokia is going to live up to the charge that it is a…
ThinkstockFriday brought the first preliminary reading of the gross domestic product for the third quarter of 2012. The Commerce Department reported that GDP rose by 2.0% in the third quarter. With the deflator or…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. Alkermes PLC (NASDAQ: ALKS) raised to Outperform as Bull of the Day at Zacks…
Jeffrey Lacker, President of the Richmond Federal Reserve Bank, has commented on his dissenting vote in a statement issued by the Richmond Fed this morning. Lacker is growing concerned that guidance is implying that…
courtesy of AppleApple Inc. (NASDAQ: AAPL) was initially trading down around $591 after the shares were released from trading after its earnings report and its guidance were deemed a disappointment. Where this gets interesting…