Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday. Altria Group Inc. (NYSE: MO) raised to Buy with $39 target at Citigroup. AU…
Oracle Corp. (NASDAQ: ORCL) is out with its first quarter earnings report. The company’s adjusted earnings rose 11% to $0.53 per share while GAAP earnings rose 15% to $0.41 EPS, and revenue was light…
Genetically modified foods have long been the source of controversy, but a study by University of Caen released in Food & Chemical Toxicology may have the world of GMO foods and seeds up in arms.…
courtesy of RiteAidRite Aid Corp. (NYSE: RAD) is seeing a warm reception after the troubled drug store chain managed to turn in a narrower loss in its quarterly report. The loss beat estimates by…
The U.S. Labor Department has released the latest report of weekly jobless claims. After the claims had been trending in the wrong direction in prior weeks, this preliminary claims report came out at 382,000.…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Adobe Systems Inc. (NASDAQ: ADBE) raised to Outperform at RBC Capital Markets. Alliant Techsystems Inc.…
Trulia Inc. (NYSE: TRLA) has priced its initial public offering of 6 million common shares at $17.00 per share. The company is an online marketplace for homebuyers, sellers, renters and real estate professionals. This is…
Ascent Solar Technologies Inc. (NASDAQ: ASTI) has priced an underwritten public secondary offering of shares. The solar company is selling 9,166,700 shares of common stock at $1.20 per share. This offering matters because shares…
Cheniere Energy Partners LP (NYSEMKT: CQP) is indicated lower after disclosing that the partnership is going to launch a secondary offering of 8 million common units, each of which represents limited partner interests. The…
Bond Guru Jeffrey Gundlach has been closely watched due to his historic returns for bond investors. CNBC hosted him today to ge his opinions on bonds, quantitative easing, risk assets, and others. His comments…
Oracle Corporation (NASDAQ: ORCL) is set to report earnings on Thursday after the close. What has been amazing is that Oracle’s share price is back to within 3% or so of its 52-week high…
The Blackstone Group LP (NYSE: BX) is going big into home automation, and we would note that there is a solar angle here as well. The private equity giant is paying a sum of…
Questcor Pharmaceuticals Inc. (NASDAQ: QCOR) has seen a sudden and rapid share price tank today. Reports are out that Aetna Inc. (NYSE: AET) has managed to stop payments to the company. Details are still outstanding,…
Groupon Inc. (NASDAQ: GRPN) is getting into the business of mobile payments for small merchants. The move is to compete with Square, which just received a valuation of more than $3 billion, and other mobile payment…
Gold had hit yet a new six-month high of $1,779.10 per ounce in early bird trading today after the Bank of Japan decided to ease via an expanded asset purchase plan. The theory is…
Bank of America Corp. (NYSE: BAC) is issuing coverage updates on the U.S. regional banking sector, with price target upgrades as it is “mining the melt-up” seen in the rise in bank stock prices.…
August Housing Starts hit 750,000 for a gain of +2.3% but the prior month was revised to -2.8% from -1.1% originally set. Consensus estimates: Dow Jones had a target of +2.5% on housing starts;…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Achillion Pharmaceuticals Inc. (NASDAQ: ACHN) raised to Buy from Underperform with $13 target at BofA/ML.…
If you have followed the saga of Advanced Micro Devices Inc. (NYSE: AMD) for very long, you know that it is a rather painful story. After the company announced the departure of Thomas Seifert,…
Infoblox Inc. (NYSE: BLOX) has only been public since April, and we are already getting its preliminary filing that would allow for more shares to be sold by insiders. The company filed an S-1…