The weakness of Seagate Technology PLC (NASDAQ: STX) is going to offer cover for more weakness at Intel Corporation (NASDAQ: INTC). That is the theory of Stern Agee’s Vijay Rakesh after the disk-drive marker disappointed…
It is very likely that by the time Ben Bernanke and friends at the Federal Reserve make their Wednesday announcement on rates and on quantitative easing measures that the FOMC will have a very…
CafePress Inc. (NASDAQ: PRSS) has not been public anywhere long enough to have the post-earnings reaction that we are seeing today. The company gave a really poor guidance based in part on European weakness…
United States Steel Corp. (NYSE: X) is surging after its earnings report. While earnings were half of what they were a year ago, the report was “less bad” than analysts expected. The full earnings…
Stocks have digested some good news and mixed news on the economic and earnings front, but the markets remain directionless after the big gains that came on last Thursday and Friday. What do you…
The Conference Board’s report on consumer confidence is showing that consumers are magically more confident. The report for July posted a big jump to 65.9, which was well above estimates. Bloomberg had the consensus…
The Chicago Federal Reserve’s report on Midwest manufacturing this week showed some improvement, and now have only a very small conflicting report showing some mixed data from the region responsible for so much of…
Wall St. is willing to take even the slightest bit of good news as great news when it comes to the battered and beaten solar sector. The earnings report from Canadian Solar Inc. (NASDAQ:…
The most recent data for retail sales is out and it should act as a small preview for the same-store sales data that will come out on Wednesday evening and Thursday morning of this…
Apple Inc. (NASDAQ: AAPL) is supposedly coming out with the iPhone 5 on September 12. After the company recently missed its latest earnings report, we cannot help but wonder yet again if the company…
Today’s economic data is June data rather than July data, but it is still rather important because it pertains to the spending habits and income of Joe Public. Personal income rose by 0.5%, while…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday morning. Broadsoft Inc. (NASDAQ: BSFT) raised to Buy at Goldman Sachs. CafePress Inc. (NASDAQ: PRSS) cut…
Deutsche Bank AG (NYSE: DB) is going to please Wall St., although perhaps not its investment professionals employed by the bank. The company is suffering lower losses, so to combat that it will be…
Coach Inc. (NYSE: COH) is getting pounded after its disappointing quarterly earnings of $0.86 per share and $1.16 billion in revenue. The results compare to the Thomson Reuters consensus estimates of $0.85 per share…
Bloomberg TV hosted the outspoken and well-known bank analyst Meredith Whitney early Tuesday morning about the banking sector and the future trends that have to be addressed in banking and brokerage operations. She said that…
Goodyear Tire & Rubber Company (NYSE: GT) has just reported its quarterly earnings. Net income available to common shareholders was $85 million, or $0.33 per share, up from $40 million and $0.16 per share…
Just last week came the report that the highly awaited Manchester United initial public offering was likely to be delayed. We noted specifically ahead of that news how the U.K. soccer team’s IPO looked…
ThinkstockSeagate Technology PLC (NASDAQ: STX) was supposed to beat earnings expectations. The disk-drive maker reported earnings that it missed expectations. The June quarter sales rose to $4.48 billion and earnings were $2.41 per share. …
The price of Natural Gas keeps ticking higher and higher. We are now on the seventh consecutive trading day that September Henry Hub Natural Gas Futures have held above $3.00. As if the United States…
Chrysler Group LLC is profitable again and the report may be creating some envy for Ford Motor Co. (NYSE: F) and General Motors Corporation (NYSE: GM). While Chrysler was in perhaps the worst shape…