The International Monetary Fund still sees growth remaining positive throughout 2012 and 2013. Unfortunately, this pesky “fiscal cliff” and the Euro area crisis are listed as the main risks to the IMF expectations. The…
Facebook, Inc. (NASDAQ: FB) is obviously about as silly of a company as a group of billionaires could run. That is what the market is telling you. Facebook as a growth company should have…
The woes for Knight Capital Group, Inc. (NYSE: KCG) are still there despite newswire headlines about ongoing talks with multiple parties which have been seen throughout this Thursday. As of 12:45 PM EST we…
Gilead Sciences Inc. (NASDAQ: GILD) is seeing shares surge today on news that Bristol-Myers Squibb Co. (NYSE: BMY) has run into some unforseen safety issues with a hep-C candidate called INX-189. Gilead’s rival treatment…
Walgreen Co. (NYSE: WAG) has announced that it has completed its investment in Alliance Boots, an international pharmacy-led health and beauty group. The deal has received all regulatory approvals despite the size of the…
IndexUniverse.com has now released its July 2012 ETF Fund Flows data and the report is showing some key changes for the month on different asset classes. The total ETF fund flows were a gain…
What happens when you get an industry leader reporting earnings that are nowhere close to as bad as the market thought after a 90% drop in the share price? Not only does that sector…
The report on factory orders is out, although we would caution that this is June data and we have already seen so many manufacturing reports from various regional reports that already show July data.…
Stocks are lower after the ECB decided to stick its head in the sand with no rate cut, and Mario Draghi’s post-decision commentary did not show any plan other than ‘monitoring the coming weeks.’ Today…
MGIC Investment Corp. (NYSE: MTG) looks like it is visiting Implosion Row all over again after the mortgage insurer’s earnings report. The company reports that its second-quarter earnings came to a loss of $1.36…
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) remains stuck after its earnings report. The generic and branded pharmaceutical drug maker turned in higher earnings that only met expectations. The company claims to be on track…
Mario Draghi is out with his post-ECB report trying to explain the “no rate cut” action this morning — the European Central Bank left rates on hold. We signaled that Draghi may be preferring to…
The Labor Department is out with its report on weekly jobless claims. What makes this report so important today is that this gives a final look at the official Labor Department data before the…
Knight Capital Group Inc. (NYSE: KCG) has some explaining to do over its trading errors on Wednesday. This created major moves in many stocks and the NYSE canceled trades in at least six stocks.…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday morning. Abercrombie & Fitch Co. (NYSE: ANF) cut to Neutral at Baird and cut…
The European Central Bank either knows something that the rest of us do not know, or they are in a total state of denial. If you can imagine all of the negative news that…
Yelp, Inc. (NYSE: YELP) has reported second quarter results which look to be pleasing investors so far. The internet review site beat on revenues as its loss was less than expected, and it also…
First Solar, Inc. (NASDAQ: FSLR) is finding some redemption after its earnings report. The U.S. solar giant has reported earnings of $1.27 EPS on $957 million in revenues for its second quarter. Thomson Reuters…
courtesy Green Mountain Coffee Roasters Inc.Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) was halted ahead of its earnings report. The quite controversial coffee giant has reported earnings of $0.46 EPS on $869.2 million in…
Bloomberg TV has reported that certain trades are going to be broken which are tied to the fat-fingering and technology issue tied to Knight Capital Group, Inc. (NYSE: KCG) this morning. We have not…