Greek GDP Falls by 6.2%
Greece’s woes are not getting any better, whether or not the nation is targeting more budget cuts. Those budget cuts even create a catch-22. As government spending goes lower, so does gross domestic product. As GDP…
All Work
Jon C. Ogg
Top Analyst Upgrades and Downgrades (BBBY, CPB, KO, COP, EOG, FIVE, F, GOOG, IP, JCP, LMCA, KORS, NEE, NYT, P, SCHN, SODA, S, YHOO)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday morning. Bed Bath & Beyond Inc. (NASDAQ: BBBY) raised to Buy at…
Bridgewater Goes Deeper into Emerging Markets (EEM, EWZ, VWO)
Bridgewater Associates, LP is in the lead of the top hedge funds in America by size. We have just gotten a look at its equity holdings via a 13F filing with the Securities and Exchange…
Natural Gas Hits Lowest Level In A Month (UNG, CHK)
Natural gas was doing such a great job at staging a recovery. The trend was recently looking more and more like natural gas was going to get a good heel in the door of a…
Options Traders Think Less of RIM/IBM Rumor Than The Stock Gain Implies
Research In Motion Ltd. (NASDAQ: RIMM) has been higher all day on reports and rumors that International Business Machines Corporation (NYSE: IBM) may be interested in acquiring RIM’s enterprise services business. Bloomberg had earlier…
Federal Deficit Improves in July on Higher Tax Collections
The Federal Deficit narrowed in July due to higher tax receipts. The deficit for October through July was $973.84 billion and that compares with $1.1 trillion for the same ten month period of 2011.…
S&P Takes Positive Outlook on Ford, Investment-Grade Rating Looms
Ford Motor Co. (NYSE: F) is getting a positive review from Standard & Poor’s this Friday afternoon. The ratings agency has changed the outlook to Positive and has maintained Ford’s BB+ credit rating. The…
Junk Bond Dividend Chase May Have Peaked With Big Fund Premiums (JNK, HYG, HYD, HYV, DHF, PHK, HIX)
We have been talking about dividend bubbles forming for about two weeks as of now. Can the bubbles continue to inflate? Sure. But you better take a look at the 30-Year Treasury auction from…
Manchester United Being Supported At Offering Price By Underwriters (MANU, FB, JEF, CS, JPM, BAC, DB)
Manchester United PLC (NYSE: MANU) is being supported by its underwriters if the volume and pricing is of use. The formal IPO was 16.6 million shares at $14.00. We heard the Bloomberg report earlier…
Meet The New Post-Merger Express Scripts, Changing Certain Efforts
Now that Express Scripts Holding Company (NASDAQ: ESRX) has finally passed and completed its massive merger effort, the company can refocus its efforts and make the changes that it wants to make or needs…
Bank of Ireland Loss Widens, but Still Working Toward 2013/14 Goals
The Bank of Ireland (NYSE: IRE) may be down and out and its loss may have widened, but the good news is that the last of the New York-listed Irish banks gets to live…
S&P Chart Failing At Resistance (SPY)
Jon OggThe market is down as investors have sold the S&P down after the markets have recovered to the same levels seen in early May. Today we are tracking the daily buy/sell points on the…
Key Short Interest in Casinos (BYD, CZR, LVS, MPEL, MGM, PENN, WYNN)
You have probably seen that the casinos have sold way off of their highs as the economy has softened. Las Vegas gambling revenues were lower in recent data and word of a slowing in…
Manchester United IPO Debuts at Discount, Sort Of (MANU, FB)
The highly anticipated initial public offering of Manchester United (NYSE: MANU) is not being given much respect. The offering was supposed to be at $16 to $20 per share for the extremely popular soccer…
Big End of July Short Interest Changes in Cult and Controversial Stocks (ALU, BAC, BKS, DNDN, DMND, FB, FSLR, GMCR, GRPN, LNKD, NFLX, NOK, RSH, RIMM, SIRI)
The short interest data is out from the July 31 settlement date and we have compared these levels to the prior July 13 settlement date. It seems that there were some big changes with…
Big Drop in Import Prices
We have already seen some data on inventories, gross domestic product and the trade deficit. Now we are seeing the results for the July import prices. This came down by 0.6%, rather than the…
Top Analyst Upgrades and Downgrades (AAP, BIG, BRCM, CVC, CIEN, CSCO, CRAI, DFS, FXCM, JDSU, JIVE, NVO, NVDA, RL, SOHU, YHOO)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday morning. Advance Auto Parts (NYSE: AAP) cut to Neutral at Credit Suisse. Big Lots…
New Yahoo! CEO Changing Tune on Cash Proceeds Efforts… What Dividend?
Yahoo.comYahoo! Inc. (NASDAQ: YHOO) may be changing its stance on its cash plans after (or if) it sells its stake in Alibaba. An SEC Filing after the close shows that newly appointed CEO Marissa…
Fusion-io Takes Top After-Hours Leader Role After Earnings
Fusion-io, Inc. (NYSE: FIO) is trading as though it perfected cold fusion after earnings. The storage outfit for decentralizing data blew past estimates and its shares are soaring this afternoon. Guidance is higher as…
NVIDIA Cruises Past Estimates
NVIDIA Corporation (NASDAQ: NVDA) was bought up ahead of earnings as investors ran the stock up over 3% in the regular trading session. The graphics and processor outfit turned in earnings of $0.27 on…