Corning, Value vs. Value Trap
Corning Inc. (NYSE: GLW) may need to go back to its Glassworks name. The stock is proving to be as fragile as glass, and not its Gorilla Glass either. Unfortunately, even with all of…
All Work
Jon C. Ogg
Should Investors Really Rethink of CIT as Buyout Bait?
CIT Group Inc. (NYSE: CIT) is recovering on Wednesday, but this is only a portion of the losses that shareholders endured on Tuesday after wider losses due to its debt financing. Today’s small bounce…
Tropical Storm Sandy Is Now Hurricane Sandy
Hurricane season is supposed to be just about over. The key here is “just about.” Tropical Storm Sandy has managed to become Hurricane Sandy this morning. The good news is that the projected storm…
J.P. Morgan Versus Wells Fargo on Share Buybacks
This has been an interesting year when it comes to health of the banks. Wells Fargo & Co. (NYSE: WFC) is now the defacto healthiest of the 7 safest banks in America. That was…
Business Owners Still Very Slow to Spend and Invest Ahead of Election
A poll has been conducted by Harris Interactive for Principal Financial and the result indicate that business owners are unlikely to increase their spending despite business health improving. Today’s report is the Principal Financial…
S&P Chart Looking For Gains
After a big sell-off on Tuesday, stocks have a little bit better earnings reports to digest from the major companies. The markets are so far holding in positive territory and the real question is…
Three Analyst Upgrades for Facebook So Far
Facebook Inc. (NASDAQ: FB) is surging Wednesday morning after the company’s earnings. While there is some real concern that its payments and fees revenue fell, the big hope here is that Facebook is about…
Investors Wonder If Apple Has Matured Too Much
Many people have tried and tried, unsuccessfully to date, to call the peak of Apple Inc. (NASDAQ: AAPL). We will not try to claim that Apple has peaked. After all, we just saw that…
Top Active Trader Alerts, Major Stocks on the Move (BWLD, FB, IRBT, INVN, NFLX, PNRA, RFMD, SIRI, SCMR, TPX, UTHR, ZNGA)
We have many stocks on the move this morning. The following are the stocks to watch for active traders this Wednesday: Buffalo Wild Wings Inc. (NASDAQ: BWLD); Facebook Inc. (NASDAQ: FB); iRobot Corp. (NASDAQ:…
Top Analyst Upgrades and Downgrades (ACC, AAPL, BUD, CLS, CHKP, DLTR, DD, FB, MYGN, NOK, NSC, PVA, SEP, UTHR, WHR, KSU, HIG, ATVI, INTC, TWX)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research notes this Wednesday. American Campus Communities Inc. (NYSE: ACC) raised to Buy at UBS. Anheuser-Busch InBev S.A.…
iPhone Activations Help AT&T Earnings
AT&T Inc. (NYSE: T) has managed to beat earnings expectations. Earnings hit $6 billion from operations and the report came to $0.62 per share on $31.5 billion in revenues, while the consensus was $0.60…
Buffett Still Looking for $20 Billion Merger, Talks Up Current Holdings
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) is still out elephant hunting. He told CNBC’s Becky Quick this morning that he has made a record number of small bolt-on acquisitions. What he has…
After-Hours Major Winners & Losers (BWLD, IRBT, INVN, PNRA, RFMD, TPX, UTHR)
We have several after-hours movers that we have not covered individually tonight. We have Netflix getting crushed and Facebook is rallying on mixed news. Here are some other stocks on the move after earnings.…
Change of Control Heats Up, Mel Karmazin Exits SIRIUS XM
Sirius XMMel Karmazin had already telegraphed that his days were likely numbered at SIRIUS XM Radio Inc. (NASDAQ: SIRI). That fight for control from Liberty Media Corporation (NASDAQ: LMCA) is likely coming to a…
Facebook Runs into Sequential Growth Issues in Payments
courtesy Facebook Inc.Facebook Inc. (NASDAQ: FB) managed to do something interesting today. While it has been a monumental disappointment that cost investors billions of dollars since its IPO, Facebook shares closed up on a…
Zynga Firings? Hey, At Least This Dog Is At Book Value
ZyngaZynga, Inc. (NASDAQ: ZNGA) is a dog and it knows that it is a dog. Is it a coincidence that it has a dog as its logo? Reports are out that Zynga slipped in…
Strongest 2-Year Treasury Auction of 2012 Emphasizes Caution Toward Risk
If you wonder what a 200 point drop in the DJIA does to a Treasury auction, let’s just say that demand goes through the roof. We would normally not care about a 2-year Treasury…
Earnings Season Gets a “D” Grade… The DJIA Already Peaked in 2012
Jon OggIs the so-called “Bernanke Put” really coming out of the market already? QE3 is still just beginning. And earnings season is now living up to the fears that many of us had even…
Gasoline Prices Coming Down Around the U.S. with Crude Oil
coutesy of Exxon Mobile Corp.When the public gets a big drop in the price of oil, it is generally thought to be considered as a pay raise for Joe Public. The problem comes into…
Success in Rectal Cancer, Success for BSD Medical
BSD Medical Corp. (NASDAQ: BSDM) is seeing its shares surge on positive news about tumors in rectal cancer. The company announced that published study results demonstrated improved rates of complete pathological tumor response in…