The Federal Reserve Bank of Richmond has released its October Manufacturing Index and the report is signaling contraction in that district. Today’s data showed that both manufacturing and services posted declines during October. In…
Restoration HardwareRestoration Hardware has set the terms for its initial public offering. This will mark the second time that the company has been public, as it was previously taken private by funds associated with…
The Redbook Retail Sales data, part of the Johnson Redbook Index, is showing some mixed results for the retail sector. Today’s report showed that U.S. retail sales were down by 1.7% so far in…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research notes this Tuesday. AMC Networks Inc. (NASDAQ: AMCX) cut to Neutral at JPMorgan. Amgen Inc. (NASDAQ: AMGN)…
Yahoo.comYahoo! Inc. (NASDAQ: YHOO) has been given positive marks so far after its earnings report. While the report was sort of lackluster for an internet company, Yahoo! is in such a need of turnaround…
Texas Instruments Inc. (NASDAQ: TXN) ticked marginally higher right after its quarterly earnings, but this is a report that offers very little good news about the health and expectations of its chip operations. The…
Yahoo.comYahoo! Inc. (NASDAQ: YHOO) is reporting what it calls “significant earnings growth” in its third quarter earnings. The report does not sound that robust f you only look at the percentages used, but right…
With some November futures expiring, natural gas and crude hit skid row today. After looking at the tapes the drop in oil was almost 2% but the drop in natural gas was by more…
Motricity, Inc. (NASDAQ: MOTR) has been a total disappointment and disaster since its 2010 IPO. Shares are surging today on news that activist investor Carl Icahn has taken a larger stake. The problem is…
OpenTable, Inc. (NASDAQ: OPEN) has traded higher on Monday due to rumors that Yahoo! Inc. (NASDAQ: YHOO) is interested in taking over the online reservation operation. This has already been panned by some investment…
This week is a critical week for Fed watchers. Ben Bernanke and members of the Federal Reserve will start a two-day FOMC meeting. The announcement of the language and Fed guidance will come at…
Apple Inc. (NASDAQ: AAPL) is set to report earnings this coming Thursday. You can expect that other analysts will be keying in on the technology darling ahead of the report. Today comes a report…
Advanced Micro Devices Inc. (NYSE: AMD) is in trouble. Many of the issues hurting the company are known but Wall St. and Main Street are both having more than a difficult time quantifying the…
Navistar International Corp. (NYSE: NAV) is still in trouble after it had to cancel its big engine initiative. While that blunder may have cost billions of dollars when all was said and done, the…
Friday was the 25th anniversary of the stock market crash of 1987, known as Black Monday. The market was coincidentally very weak on Friday due to weak earnings reports. Now on Monday we have…
FedEx Corp. (NYSE: FDX) is looking for the busiest holiday season yet. In a press release this morning the shipping giant said that Monday, December 10, likely will be its busiest shipping day ever. To…
Avid Technology, Inc. (NASDAQ: AVID) makes its money selling graphics systems to the media. The ongoing issues surrounding the media are still spilling over and limiting growth here. Avid is lowering its guidance. The…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Monday. Allstate Corp. (NYSE: ALL) raised to Outperform as Bull of the Day…
It was twenty-five years ago today that the 1987 stock market crash came. Fortunes were lost on that day, but fortunes were also made in the aftermath. The NYSE was said to be capable…
Chipotle Mexican Grill Inc. (NYSE: CMG) is trading today just like any other junky fast-food restaurant chain when bad news arises. Shares are down by what is an exceptional amount, but now the stock…