Bank of America/Merrill Lynch is giving a late-afternoon assessment as a somewhat favorable endorsement of the management changes and also to the positive pre-announcement from Hewlett-Packard Co. (NYSE: HPQ) from earlier today. The firm…
MGIC Investment Corp. (NYSE: MTG) has found another set of problems on Wednesday, but a third (or fourth) set of problems could be coming its way if things get any worse. Earnings last week…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) hit a new 52-week high today. Make that a multi-year high of $2.50 per share. The question is whether or not the satellite radio monopoly should be…
The New York Times Company (NYSE: NYT) has confirmed that it is in discussions regarding the sale of its About.com unit. The confirmation is on earlier reports that the newspaper and media player has…
Silver is trying to make a breakout as spot silver has been trading between $28.00 and $28.20 most of yesterday and today. Its chart is running into some resistance after having bottomed out at…
This week we featured a list of the six cheapest DJIA components as of Monday’s close. The basis was how discounted the share prices have been to the consensus analyst price target from Thomson’s…
Junk bonds, or those high-yield bonds which are under BBB- at S&P or under Baa3 at Moody’s, have seen one massive rally since the lows of the summer. Some may wonder if these have now…
Bloomin’ Brands, Inc. (NASDAQ: BLMN) had all of the earmarks for a poor initial public offering as it was a lower number of shares at a lower price than what had originally been anticipated. …
OK, so maybe it pays more to be one of the companies that blew out the travel agent jobs than it does to own an airline. After all, Warren Buffett said to never own…
Stocks gapped down this morning with a weak news flow from Europe and after a poor sales target from McDonald’s Corp. (NYSE: MCD) going into the red, along with higher labor costs versus productivity.…
Hewlett-Packard Co. (NYSE: HPQ) is running higher this morning on several bits of news. There is a key personnel change in the company, accounting charges and what appears to be some raised guidance of…
Yesterday came the news that Freddie Mac posted a quarterly profit and that the mortgage giant would not need to tap any Treasury capital. Now we are getting the same sort of report from…
The report on second-quarter productivity and unit labor costs is out from the Labor Department after last week’s surprise nonfarm payrolls gains. Productivity (hourly output) rose by 1.6% versus -0.5% in the first quarter,…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research calls this Tuesday morning. Arcos Dorados Holdings Inc. (NYSE: ARCO) started as Neutral at Credit Suisse. Church…
McDonald’s Corp. (NYSE: MCD) may have been the best Dow Jones Industrial Average component in 2011, but that was then. The “this is now” is not looking too great here on the company’s same-store…
SodaStream International Ltd. (NASDAQ: SODA) may have already seen its days of major growth, but it remains a cult stock and has many customers in America. Now it is gaining after earnings. The maker…
What a shock! Yes, this is a bit sarcastic. Standard & Poor’s has decided that Greece’s credit ratings should be changed to Negative from Stable. After all of the reports that Greece is looking…
Priceline.com Incorporated (NASDAQ: PCLN) has just reported earnings for its second quarter and earnings came in at $7.85 per share on an adjusted basis and $1.3 billion in revenue. Thomson Reuters had estimates of…
Walt Disney Co. (NYSE: DIS) has just reported earnings for its second quarter. The DJIA component owner of the Disney theme parks, ESPN, films, and more turned in earnings of $1.01 in earnings per…
Ben Bernanke, Chairman of the U.S. Federal Reserve, was speaking today at a town hall meeting with teachers about the importance of financial education. Today was more broad and the notes do not include…