Bankrate, Inc. (NYSE: RATE) might as well have just changed its name to Bank-Hate. The personal finance content company guided revenues and earnings lower and shares are well below a prior 52-week low now.…
Government Properties Income Trust (NYSE: GOV) may be offering new shareholders another chance to get in. The government-property management REIT announced on Monday that it has commenced a public offering of 7,000,000 common shares.…
Many investors keep looking at the gains in Sprint Nextel Corp. (NYSE: S) and in Clearwire, but the cellular tower outfits really seem to be winning here. If Softbank, via Sprint, is really going to…
ClearwireClearwire Corporation (NASDAQ: CLWR) may soon find itself between a rock and a hard place. This is not due to the company’s action, nor it is the company’s fault. With Sprint Nextel Corp. (NYSE:…
Tuesday will bring earnings reports from five different DJIA components. There are not many days where one-fifth a major index report earnings. In the early morning hours we will get earnings reports from Coca-Cola…
PIMCO manages enough money that investors care about the money management firm’s picks and strategies even when they are outside of the company’s bond operations. Neel Kashkari, head of global equities at PIMCO, was…
ThinkstockBusiness inventories are on the rise. Today’s report from the Commerce Department showed that the month of August’s business inventories rose by 0.6% for the month. This was versus what was expected to be…
Stocks are trying to hold on to gains this Monday stage a bounce after four days of steady selling was broken with only a marginal gain on Friday. A mixed set of economic readings…
Advanced Micro Devices Inc. (NYSE: AMD) is trading slightly higher on reports that the troubled chip and processor outfit is likely to announce workforce reductions of up to 30% in the very near future.…
Fitch Ratings has a call on an improving outlook of the U.S. housing market. The report, titled “U.S. Homebuilding/Construction: The Chalk Line Fall 2012,” talks about the gains being sustained with positive reports on…
Monday morning brought on two different economic reports, each with different aspects of the economy. The New York Fed released the Empire Manufacturing Index for October and the Commerce Department released the September retail…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Monday. Alliant Techsystems (NYSE: ATK) raised to Outperform at FBR Capital Markets. Capital…
Citigroup Inc. (NYSE: C) is out with its third-quarter earnings report. Vikram Pandit and friends turned in earnings of $1.06 per share and $19.4 billion in revenue. These results compare to Thomson Reuters estimates…
ThinkstockIt was just on Friday that Citigroup downgraded disk-drive makers Western Digital Corp. (NASDAQ: WDC) and Seagate Technology Ltd. (NASDAQ: STX) to Sell based on the current technology climate. Now we have a development on…
Jeffrey Lacker, who is President of the Federal Reserve Bank of Richmond, is speaking this Friday at the Frank Batten School of Leadership and Public Policy at the University of Virginia. While his speech…
China has been trying to hold its own. The obvious growth shows how dependent the nation is upon exporting finished goods to the United States, Europe, and elsewhere. Standard & Poor’s is keying in on…
Gold Fields Ltd. (NYSE: GFI) is so far managing to buck the news as its shares are up slightly. The problem is that the news around its forward guidance is absolutely atrocious, if you…
Stocks are trying to stage a bounce after 4 days of steady declines. Maybe the VP-debate matters to some and maybe a stronger than expected Reuters/UofM sentiment report for October are helping the trading action.…
The Reuters/University of Michigan consumer sentiment reading is out showing the preliminary October report. It gave a sentiment reading 83.1. This was well above the Bloomberg consensus reading of 78.3 (with a range of…
David Faber on CNBC is talking up Clearwire Corp. (NASDAQ: CLWR) about the interest by Sprint Nextel Corp. (NYSE: S) but the details remain murky. Yesterday we noticed that options traders were valuing the top…