Travelzoo Inc. (NASDAQ: TZOO) is having one nasty day. The online travel booking site warned that third-quarter revenue was now falling and it expects a worse-than-expected earnings report as well. An admission from management…
The report on wholesale inflation for the month of September is out and running a bit. The U.S. Labor Department said that the Producer Price Index (PPI) rose by 1.1% on the headline reading,…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Friday. Alpha Natural Resources Inc. (NYSE: ANR) cut to Neutral at Nomura. Avnet…
Wells Fargo & Company (NYSE: WFC) posted a record net income of $4.9 billion for its third quarter. This is a 27% gain, and earnings per share of was up 29% to $0.88. Revenue…
Advanced Micro Devices Inc. (NYSE: AMD) is a chip and processor company that just can’t win. It is leaderless for all practical purposes and now the company has guided down its results yet again.…
Clearwire Corp. (NASDAQ: CLWR) is absolutely surging today on news that it will likely have to be a part of a Sprint Nextel Corp. (NYSE: S) majority stake sale to Softbank in Japan. While…
Investors have faced confusion and hope all in the same day over the notion that Sprint Nextel Corporation (NYSE: S) could be the next big telecom takeover target. Whether it is a majority stake…
ZyngaZynga Inc. (NASDAQ: ZNGA) should by all traditional thought processes be trading lower today. At least that is the thought of investors as the only real news out today is that Credit Suisse started…
Stocks gapped up higher this morning and are trying to hold on to solid gains after looking closer at the weekly jobless claims report and the reason why the drop was so large. The…
Shutterstock Inc. (NYSE: SSTK) and Realogy Holdings Corp. (NYSE: RLGY) have both debuted with strong openings on the day for each of the initial public offerings. In fact, both rose by double-digits at the opening prices…
When we saw that the Labor Department reported a 30,000 drop in weekly jobless claims, the initial thought was that more suspect calculations may be involved. Then the thought that perhaps things may have…
The U.S. trade balance (what has really been the trade deficit for two decades or more) came in at -$44.2 billion, and that was virtually in line with the Bloomberg consensus reading of -$44.0…
The U.S. Labor Department has released its count on weekly jobless claims, and the report shows a stellar drop of 30,000 to 339,000. The prior week was revised higher to 369,000 from 367,000 originally…
The plot is thickening on the Sprint-Softbank talks. David Faber on CNBC has said that talks between Sprint Nextel Corp. (NYSE: S) and Softbank are advanced, but they are for a stake with a…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Thursday. Activision Blizzard Inc. (NASDAQ: ATVI) started as Outperform with $16 target at…
Thursday is going to feel a bit odd in the world of initial public offerings. We have four confirmed IPOs hitting the market and there may be another one as well. Now that LifeLock…
Sprint Nextel Corp. (NYSE: S) is seeing huge interest early on Thursday. While rumors and reports have been out that it was going to make a competing bid to acquire MetroPCS Communications Inc. (NYSE:…
The Kingdom of Spain has been downgraded to BBB- from BBB+ by Standard & Poor’s. The outlook is also listed as NEGATIVE. Spain is now officially almost at Junk-Bond ratings, and the outlook implies that…
Wal-Mart Stores Inc. (NYSE: WMT) outlined many of its plans for 2013 and beyond at today’s annual meeting for shareholders. The company has also now issued secondary data that includes preliminary guidance for the…
Narayana Kocherlakota, President of the Federal Reserve Bank of Minneapolis, is speaking today at the annual Helena branch Board of Directors meeting and community luncheon in Great Falls, Montana. While this might be just…