Vical Inc. (NASDAQ: VICL) is seeing its shares surging higher on news that it has signed a worldwide, nonexclusive licensing pact with drug giant Bristol-Myers Squibb Co. (NYSE: BMY). The pact covers Vical’s patented…
The U.S. Labor Department has released its reading on wholesale inflation, which the investing community reviews to see where consumer inflation will be a month or two out. The Producer Price Index for the…
The U.S. Labor Department has released its weekly jobless claims report and it showed a gain to some 382,000 claims — that is headed the wrong way. The prior week was revised to 367,000…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Abercrombie & Fitch Co. (NYSE: ANF) started as Sell at Citigroup. Allergan Inc. (NYSE: AGN)…
This proposed merger between EADS and BAE is going to be more than complicated. Frankly, we also wonder about the legality of such a merger and wonder how other defense and aerospace firms will not…
Everyone has been big on the launch of the Apple Inc. (NASDAQ: AAPL) iPhone 5 as one of the most telegraphed smartphone releases to date. What is so unique here is that Apple’s hot…
Maybe Facebook Inc. (NASDAQ: FB) was a total disaster of an initial public offering. That being said, investors may find some light comfort in the fact that there were some very successful IPOs from…
Apple Inc. (NASDAQ: AAPL) has confirmed in the last hour that its highly awaited iPhone 5 is here. Now we have the pricing plans as it will be on all 3 of the major…
Apple Inc. (NASDAQ: AAPL) has finally released what is likely the most telegraphed (and perhaps most obvious) product launch ever. The iPhone 5 is finally here. Apple’s online store said for most of the…
Reports have been out that television advertisements are now around 90% sold out for the available 2013 Super Bowl television commercial spots. Even in early August the reports showed that the Super Bowl ads were about 80%…
Boeing Co. (NYSE: BA) and other aerospace and defense contractors like Lockheed Martin Corporation (NYSE: LMT) and General Dynamics Corp. (NYSE: GD) could have some even larger competition to fend off. We would note…
As expected, Philip Morris International Inc. (NYSE: PM) has increased its dividend. We pegged former parent Altria Group Inc. (NYSE: MO) as a dividend hike candidate in August and that came about. Here is…
McDonald’s Corp. (NYSE: MCD) has decided to allow consumers to make more healthy decisions, or at least less unhealthy decisions. The company announced today that McDonald’s USA will start as soon as this next…
Another economic report for another trading day, and it is not looking for good for the state of business in the economy. The U.S. wholesale inventories reading for the month of July came in at…
Yahoo.comYahoo! Inc. (NASDAQ: YHOO) is trading higher this morning on rumors and reports that the company and Alibaba are finally close to a deal that would allow Alibaba to repurchase a 20% stake from Yahoo!…
Another reading on inflation from the Labor Department is out this morning. The economic release may seem like a footnote after the bailout news in Europe, but the report is viewed frequently by those…
You might not exactly be seeing a total “sell the news” reaction to Germany’s constitutional court rejection of a challenge to block a permanent eurozone rescue fund. This is great news for Angela Merkel and a…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Amgen Inc. (NASDAQ: AMGN) cut to Neutral at R.W. Baird. Automatic Data Processing Inc.…
Today was the first real appearance by Mark Zuckerberg, CEO of Facebook Inc. (NASDAQ: FB), since the disastrous initial public offering came out in May. At the TechCrunch Disrupt conference Zuckerberg admitted that the…
Bloomberg TV has reported that Apple Inc. (NASDAQ: AAPL) may be losing Adam Cheyer, one of Siri’s co-founders. The report comes a day before the new iPhone 5 is unveiled, and Siri is the…