Most, or much, of the world hates short sellers. Betting against markets is just unfair, or so goes the logic. There is just one small problem: a market without short sellers is not an…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall S. research calls this Monday morning. Biogen Idec Inc. (NASDAQ: BIIB) started as Outperform at Leerink Swann. Cinemark Holdings (NYSE: CNK) started…
Five Below, Inc. (NASDAQ: FIVE) has priced its initial public offering of 9,615,384 shares of common stock. The deal is a premium price at $17.00, well above the initial range signaled by the company.…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Alpha Natural Resources (NYSE: ANR) cut to Hold at Brean Murray Carret. BroadSoft, Inc. (NASDAQ:…
Hedge fund manager Leon Cooperman, who is chairman and CEO of Omega Advisors, remains bullish on select equity investments. In a presentation at CNBC’s ‘Delivering Alpha’ conference this Wednesday, Mr. Cooperman’s take is that…
Short-seller Jim Chanos is rather well-known for his alternative views, particularly betting against some very popular companies and growth or value stories. At the second Delivering Alpha conference (2012) this week, Chanos talked about…
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) is far from your ordinary company because this is quite literally a publicly traded treasure hunting outfit. Now it might be a silver mining outfit depending upon your…
Jon OggThe turnaround and potential activist investor situation surrounding DJIA component Procter & Gamble (NYSE: PG) just became a bit more interesting. There have been reports that the company’s board of directors was considering…
Thursday will mark yet another important day for this earnings season. The second quarter became more challenging for many companies, as we noted about so many tech warnings weighing on shares last week. We…
Federal Reserve Chairman Ben Bernanke is testifying in front of Congress again this Wednesday in a “Day-Two” of what was formerly known as the Humphrey-Hawkins Testimony. Bernanke’s prepared remarks today are, as they usually…
Stocks are finding some marginal buying today after Housing Starts and Treasury Secretary Geithner spoke. We are tracking the daily buy/sell points on the SPDR S&P 500 (NYSEMKT: SPY) as the most liquid equity ETF on…
ThinkstockJPMorgan has issued some very mixed analyst initiations this morning pertaining to the U.S. auto sector, which includes many of the key parts and systems providers in the group. Ford Motor Co. (NYSE: F)…
During CNBC’s Delivering Alpha Conference this morning, Treasury Secretary Tim Geithner talked about many things pertaining to taxes, politics, the fiscal cliff and more. Geithner is defending the coming tax hikes (or tax cut…
The history of weight loss drugs is sketchy at best. But VIVUS Inc. (NASDAQ: VVUS) is making up on all of its recent losses, after shares slid from almost $30 to just under $26.46…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Wednesday. American Tower Corp. (NYSE: AMT): Cut to Neutral at Citigroup. Caterpillar Inc. (NYSE: CAT):…
Bank of America Corporation (NYSE: BAC) has joined the money-center banks in beating earnings expectations. Excluding items, Bank of America earnings came to $0.19 per share and revenue was $21.97 billion. We had a…
Wednesday is going to mark yet another important day for the early wave of key earnings for this earnings season. The second quarter became more challenging for many companies as we noted about so…
Sprint Nextel Corporation (NYSE: S) has witnessed a substantial recovery. In fact, its shares are now almost three-quarters of the way to having doubled off of its $2.10 low seen on January 31, 2012. …
Five Below, Inc. is set to have a larger initial public offering versus prior expectations. The teen and youth $5 and under merchandise retailer is now planning to offer about 9.6 million shares. The…
Jon OggNews that activist investor Bill Ackman’s Pershing Square is going after Procter & Gamble (NYSE: PG) has certainly rekindled interest in what was growing (or declining) into nothing more than just another dead…