S&P Chart May Lead Other Index Readings (SPY)
The S&P 500 just hit a 52-week high and 2012 high today, while the DJIA and the NASDAQ are still just within striking range of their highs. Today we are tracking the daily buy/sell points…
All Work
Jon C. Ogg
Church & Dwight Buyout Takes It Closer to Larger Consumer Product Rivals
Church & Dwight Co. Inc. (NYSE: CHD) is trying to rectify its premium valuation with an acquisition. The consumer products company has traded at much higher valuations than its larger rivals like Procter & Gamble…
S&P 500 Hits 2012 Highs
The stock market truly do crawl a wall of worry. If you can believe it, the S&P 500 Index just hit new 2012 highs this morning. The S&P 500 just hit 1,422.62 after a…
Top Analyst Upgrades and Downgrades (ABB, BDC, BSFT, CLX, GLW, CVH, EIX, GPS, GRPN, NNN, NFLIX, PVR, QTWW, STP, URBN, VE)
Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Tuesday morning. ABB Ltd. (NYSE: ABB) cut to Sell at Deutsche Bank. Belden…
SIRIUS XM Gets Huge Debt Retirement Savings
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) is playing the low interest rate game by swapping old expensive debt for new cheaper debt. This has been done before by Mel Karmazin and friends, but the…
Another Mixed Reading for August Retail Sales, Watch Higher Gasoline Prices
A report from The International Council of Shopping Centers showed that the ICSC-Goldman Sachs (ICSC‐GS) chain store sales index continued to post mixed results, with sequential performance off by 1.5% for the week ending August…
Twelve Major Dividend Hikes Expected Before the End of 2012
Most investors have discovered that earning less than 1% per year in short-term Treasuries or even less than 2% out in the 10-year Treasury is no fun. Longer-dated Treasury bonds also are proving that investors…
Dick’s Chairman Sells $45 Million in Stock, Other Insiders Sold Too
Investors love tracking insider trading. Edward Stack, chairman of the board of directors and chief executive officer at Dick’s Sporting Goods Inc. (NYSE: DKS), just got some serious spending money put in his piggy…
Urban Outfitters’ Earnings Report Lives Up To The Hype!
Urban Outfitters, Inc. (NASDAQ: URBN) had already hit a new 52-week high today ahead of its earnings report. Now that high is going even higher after the lifestyle specialty retail company announced net income…
S&P Raises U.S. Bancorp Credit Ratings
U.S. Bancorp (NYSE: USB) is proving why it was on our own proprietary list of the 7 Safest Large Banks in America. Standard & Poor’s has just raised the bank’s corporate credit rating, something…
Top Earnings Previews For The Week Ahead (URBN, BBY, DELL, HPQ, MDT, CRM)
While most earnings have already been announced, we have a significant number of sector leaders reporting earnings this week. We have taken the Thomson Reuters consensus earnings per share and revenue estimates as well…
BofA Merrill Lynch Makes Key Changes To ‘Most Attractive Buy List’ (GPS, VOD, APC, AXP, LVS, UPS)
Bank of America/Merrill Lynch is making some changes to one of its key lists called the Most Attractive Buy List. The basis for the change is a key bottom or big base seen in…
Silver Wheaton’s Founders List Gold Royalty Company on NYSE (SAND, SLW)
Listing shares on the NYSE may sound a bit like an initial public offering. Today’s news is only half way there for a small gold mining capital financing player which has been public in…
Insider Cashes Out Millions More in Cognizant Stock Options
Investors love to watch insider trading, even the legal insider buy-sell actions from corporate insiders. When a director sells shares after exercising an option, it is not always a prelude to bad news nor…
Another Big Merger Deal Brewing in Booze
Diageo PLC (NYSE: DEO) is reportedly set to acquire the well-known and widely distributed Jose Cuervo tequila brand. The deal was talked up in the Sunday Times and is said to be closing as…
CIT Refinancing Debt at Lower and Lower Rates
CIT Group Inc. (NYSE: CIT) is getting it borrowing costs and its cost of capital lower and lower under the leadership of John Thain. While this company once went bankrupt due to a lack…
Netflix International Growth Marches On
Wikimedia Creative Commons, JohnnyMrNinjaNetflix Inc. (NASDAQ: NFLX) has fallen from grace. Still, things might not be as bad as the stock price might lead you to believe if you witnessed this huge from “fall…
A Call For Kors to Go Even Higher
Michael Kors Holdings Ltd. (NYSE: KORS) has been on a tear since coming public. The luxury apparel and accessories designer and retailer continually leads the same-store sales results from retail chains each month with massive…
ATP Oil & Gas Files for Bankruptcy: When the Oil Business Doesn’t Work Out
ATP Oil & Gas Corp. (NASDAQ: ATPG) is joining the bankruptcy crowd. The oil company in the Gulf of Mexico filed a voluntary Chapter 11 bankruptcy petition in order to undertake a comprehensive financial…
Top Analyst Upgrades and Downgrades (AGU, AZN, BEBE, BRCD, CHUY, PB, QSII, ROST, SCCO, STO, STEM, TI, VNTV)
Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Monday morning. Agrium Inc. (NYSE: AGU) named as Bull of the Day at…