This might not be a Ponzi Scheme bust, but the Securities and Exchange Commission is charging a rather well known financial ‘guru.’ The SEC has charged Ray Lucia for spreading misleading information about his “Buckets…
Monster Worldwide, Inc. (NYSE: MWW) has been one of the ‘rumor mill’ merger candidates for months. Some would argue that it has been a potential takeover candidate even longer. The jobs posting website was…
Investors are apparently getting a bit tired of domestic equities since the stock market held up this summer. What is interesting is that the inflows during August sent into gold and emerging markets. IndexUniverse…
How many companies can issue press release showing that a secondary offering, with not a single penny ending up in the company’s coffers, will increase the free float by about 10% on an implied…
If there is one type of company that would seem as though it should not be presenting at a “back-to-school consumer conference,” it would be a tobacco company. But, hey … it is just…
The ISM-New York Report on Business is now out for August 2012. The report is now being released on the 2nd day of the month following the reported month. The weakness continues as today’s…
NVIDIA was battered after a pair of analyst downgrades on Tuesday, taking about 5.3% in value of the stock. Evercore Partners cut the rating to Underweight and Susquehanna cut the rating to Neutral.
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Activision Blizzard Inc. (NASDAQ: ATVI) started as Buy at Jefferies. Adtran Inc. (NASDAQ: ADTN) reiterated…
The Labor Department has just released some pre-employment data ahead of Friday’s key employment situation report, but this is a backward looking number. The report was on “Second Quarter Unit Labor Costs and Non-Farm…
Bloomberg Television is reporting that the European Central Bank president Mario Draghi is going propose embarking on unlimited sterilized bond buying, although it will refrain from attempting to reach public rate caps. By making…
There has been speculation that Facebook Inc. (NASDAQ: FB) was going to reset its employee stock options or that it was going to accelerate the period where certain insiders and/or employees could sell shares.…
Capital One Financial Corp. (NYSE: COF) might be one of the safer banks in America and it may be adding assets where it can, but now its shareholders are getting clipped a little after…
Finisar Corp. (NASDAQ: FNSR) looks like it is holding up rather well against what is not at all a good earnings report. The optical subsystems and components maker reported $0.12 in earnings per share on sales of…
Wal-Mart Stores Inc. (NYSE: WMT) is generally considered a very important barometer when it comes to the economy and spending habits of Joe Public. If that remains true going forward, then the layaway economy…
Many investors, traders, and speculators may just be coming back from their holiday or a long weekend, but this week is the first trading week of the month and that brings up many key…
Research in Motion Ltd. (NASDAQ: RIMM) just cannot win in its competition against Apple Inc. (NASDAQ: AAPL) and other phone makers using the Google Inc. (NASDAQ: GOOG) Android operating system. The company’s delays for…
Moody’s is panning the U.S. banking sector yet again. In an updated credit profile on Tuesday, Moody’s said, “The outlook for the US banking system remains negative, with ongoing challenges in the operating environment expected…
Netflix Inc. (NASDAQ: NFLX) just cannot seem to catch a break. Despite having millions and millions of subscribers, the all-you-can-eat movie and television service is getting hit hard on news that rival Amazon.com Inc.…
Janney Capital Markets is previewing the European Central Bank meeting set for this week, and the call is that the ECB will lower its interest rates by 0.25%. The backside of the call is…
The Institute for Supply Management (ISM) is out with its Report on Business for August and the trend is one of contraction. The PMI came in at 49.6%, showing that new orders and production…