Amarin Corporation plc (NASDAQ: AMRN) is not exactly having a good day considering that its fish oil based drug for lowering triglycerides is not going to be a known event as soon as the company was…
The Federal Reserve has released its latest Beige Book and it contains many of the same cautious and somewhat hopeful comments you have been hearing about before and after the FOMC’s decision to embark on…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) must have thought that they needed to get subscriber data out before its earnings report. The satellite radio leader just release a report showing that its net…
The selling today and recent days in equities is driving the interest in Treasury notes and bonds again. Just when you thought that interest rates could not go much lower. Today brough a 10-Year…
MetroPCS Communications, Inc. (NYSE: PCS) has traded well off of its highs since word first surfaced that Deutsche Telekom’s T-Mobile USA was likely to acquire it. Shares hit a high of $14.51 on October 2…
Bank of America Corporation (NYSE: BAC) may have given the all-clear sign for the money-center banks ahead of earnings season. This may sound a bit conspiratorial, but investors often look for indications and telegraphs…
The Bureau of Labor Statistics has released its monthly job openings report showing that there were some 3.56 million job openings on the last business day of August. The BLS said that this was…
Wholesale inventories rose yet again. Today’s reading from the Commerce Department showed a 0.5% gain in wholesale inventories to a seasonally adjusted $487.5 billion. While higher, this matched the Dow Jones consensus of a gain…
Stocks are lower yet again on Wednesday as some investor profit taking and caution is coming in ahead of the onslaught of what is expected to be weak corporate earnings reports. The long and…
It is no secret that we have grown cautious in the area of high-yield corporate debt, also known more commonly as junk bonds. Our concerns are not the underlying credit metrics of the companies…
Credit Suisse is initiating and reinstating coverage on the Internet players. The bias is positive on some and neutral on others from analyst Spencer Wang. Outperform ratings were given to Amazon.com Inc. (NASDAQ: AMZN),…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. ARM Holdings PLC (NASDAQ: ARMH) started as Neutral at Credit Suisse. Corporate Office Properties…
Continental Resources Inc. (NYSE: CLR) saw shares rise this week after the company announced some very ambitious growth plans. How many companies tell you that they aim to triple in the next five years…
True Religion Apparel Inc. (NASDAQ: TRLG) may specialize in blue jeans that can easily run more than $200.00 per pair, but now the clothing and apparel designer appears to be up for sale. The…
Microsoft Corp. (NASDAQ: MSFT) may have been glad to have originally had Reed Hastings, the founding CEO of Netflix Inc. (NASDAQ: NFLX), on its board of directors. Unfortunately, Mr. Hastings has made some bad…
LifeLockLifeLock Inc. (NYSE: LOCK) has been a very poor and disappointing initial public offering. The identity theft solutions providing company has been spending excessively on marketing, and its subscriber acquisition costs equate to about eighteen months…
Alcoa Inc. (NYSE: AA) is generally thought of the company that kicks off the trends of earnings season. The reality and perception of this may be up for debate, but nonetheless Alcoa is a…
Wells Fargo & Co. (NYSE: WFC) is under pressure on yet one more case against it from the financial crisis. The Manhattan U.S. Attorney’s office has filed a mortgage fraud lawsuit against Wells Fargo…
The minutes from the meeting over the Discount Rate are out. They will not move the broad market in any meaningful way but it may ultimately matter to the large commercial banks. What the…
News has been out all day about same-day delivery being tested by Wal-Mart Stores Inc. (NYSE: WMT). The move, if successful and if launched, is an obvious front to challenge the likes of Amazon.com…