Yesterday we said that Spain was looking more like Greece due to a Madrid protest that took place outside of parliament against all of the budget cuts and entitlement cuts coming down the pipe.…
It was big news when International Business Machine Corp. (NYSE: IBM) first reported that Virginia Rometty would take over as chief executive officer. It was not just that CEO Sam Palmisano was a Big Blue…
MEMC Electronic Materials Inc. (NYSE: WFR) has had no real good news heading its way in some time. Now we have news of a customer loss, or termination, as its subsidiary MEMC Singapore Pte. Ltd.…
(Due to a publishing format issue, this story was republished from 1:00 PM EST) Potash Corp. of Saskatchewan, Inc. (NYSE: POT) is seeing its shares hold up rather well compared to a few headlines…
Cisco Systems Inc. (NASDAQ: CSCO) is not getting a new Chief Executive Officer yet, but the timeline may finally be closer. CEO John Chambers told Bloomberg in an interview today that he and the company…
Spain is starting to look more and more like Greece with protesters clashing with police in the capital. The difference is that Spain is a much more important economy to Europe and to the…
Fitch Ratings has taken away another “AAA” rating. The ratings firm has now downgraded the Council of Europe Development Bank’s Long-Term foreign currency Issuer Default Rating to “AA+” from “AAA.” This may not be…
Charles Plosser, President and Chief Executive Officer of the Federal Reserve Bank of Philadelphia is speaking to the CFA Society of Philadelphia and The Bond Club of Philadelphia today (Tuesday, September 25, 2012). While…
Staples Inc. (NASDAQ: SPLS) was initially trading higher this morning on the heels of its restructuring. The effort was supposed to have something for everyone. Cost cuts, more rapid store closures, new leadership, and…
A survey conducted by Bank of America Merrill Lynch shows that confidence in economic growth declined sharply in its latest CFO Outlook survey for the fall of 2012. Financial executives are expressing concerns about…
It had been a while since the real gold bugs got to make their endlessly higher calls, but the latest surge ahead of and after QE3 in gold, silver and other inflation-hedging and monetary…
The report on consumer confidence from The Conference Board is looking much better than expected for the month of September. Today’s Conference Board Consumer Confidence Index rose to 70.3 in September, after improving from 61.3…
Media General Inc. (NYSE: MEG) has done well since Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-B) (NYSE: BRK-A) invested heavily into the company by purchasing the majority of the news and communication outfits…
Odyssey Marine Exploration Inc. (NASDAQ: OMEX) is winning on the leaderboard this morning, but unfortunately that is leading the position for stocks down the most. The real focus is not on increased valuations that were…
courtesy Barnes & Noble Inc.Barnes & Noble Inc. (NYSE: BKS) wants to compete more and more with Apple Inc. (NASDAQ: AAPL) for the iPad and with Amazon.com Inc. (NASDAQ: AMZN) for its Kindle. The…
Staples Inc. (NASDAQ: SPLS) is going to try to turn its ship around all on its own. The company has announced a formal strategic plan to accelerate growth and to better serve the needs…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Automatic Data Processing Inc. (NASDAQ: ADP) cut to Neutral at UBS. Bank of New…
Michael Kors Holdings Ltd. (NYSE: KORS) is cashing in on the huge gains in its share price. At least its insiders and backers are. The luxury apparel retailer has priced a previously announced secondary offering…
Tesla Motors Inc. (NASDAQ: TSLA) may be in for a rough trading day on Tuesday. With headlines about lower production, the real issue is a share sale, and perhaps a change in its loan…
Caterpillar Inc. (NYSE: CAT) has now updated analysts as Chairman & CEO Doug Oberhelman and members of the executive team provided a long-term update for the company’s strategy and expectations for 2015. The report came…