Is it bad luck to release a sentiment index reading on Friday the 13th? Apparently so. The Reuters/University of Michigan preliminary sentiment index for July came in at a very disappointing 72.0. That is the…
The Labor Department’s report on wholesale inflation remains muted. The Producer Price Index for the month of June was up by +0.1% and the core-rate which excludes food and energy was up by +0.2%. …
Wells Fargo & Co. (NYSE: WFC) has managed to beat earnings but it is obviously going to be in second place after J.P. Morgan Chase & Co. (NYSE: JPM). The bank still shows why…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Dean Foods Company (NYSE: DF) Cut to Neutral at Goldman Sachs. Digital Realty Trust…
Jamie Dimon appears to have escaped the worst if you look through the earnings and trading losses at J.P. Morgan Chase & Co. (NYSE: JPM). While the initial reaction shows that the stock was…
The ongoing calls to bring change at Procter & Gamble Co. (NYSE: PG) are growing. The company’s shares have become stuck and many investors feel that the company has grown too large to be…
Groupon, Inc. (NASDAQ: GRPN) is a Web 2.0 (or is 3.0?) that is caught in what very well may be a no-win situation. Its CEO has so far proven to not be a good…
Intel Corporation (NASDAQ: INTC) is due to report earnings next week and the trend of earnings has been nothing short of extremely disappointing from technology companies. We outlined all of the big tech warnings…
The short interest data is out from the June 29 settlement date. It seems that there were some big changes with some key cult stocks and actively traded stocks seeing big changes over the…
Stocks are taking it on the chin again and the charts have been telling you that there has been a bias to the sell-side. Bank of America Corporation (NYSE: BAC) even lowered its expectations…
Bank of America Merrill Lynch is cutting its expectations on the S&P 500 Index, and therefore ultimately on the SDPR S&P 500 (NYSEMKT: SPY)i n its Macro/Investment Strategies call. Today’s downgrade was on earnings in…
The U.S. finally got some good news on the weekly jobless claims report from the U.S. Labor Department. Jobless claims fell in the last week down by 26,000 to 350,000. It is almost certain…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. There are many reports this morning! ADTRAN Inc. (NASDAQ: ADTN) Cut to Hold at Stifel…
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) has been on CNBC this morning and he has an interesting observation about the future of the Euro. When asked about whether the Euro would exist…
SUPERVALU Inc. (NYSE: SVU) had recently been the beneficiary of some buyout rumors. It seemed unlikely with its balance sheet and losses, but the rumor mill often is full of all sorts of rumors…
Another food chain is coming public. The parent company of the Mexican Food restaurant chain of Chuy’s has now set its terms for an initial public offering of 5.833 million shares in a price…
By now investors have had time to digest the notion that technology company sales and earnings are just not going to live up to prior expectations in most cases. Investors are learning that they should be…
The Federal Reserve Open Market Committee has just released the minutes from its June FOMC Meeting and investors are going to take the news as a disappointment if they were hoping for more quantitative…
Investors are treating U.S. Treasury debt more favorably than gold at the moment. The U.S. just saw its “AAA” rating from Fitch maintained late on Tuesday and now we are reminded why the research…
Prospect Capital Corporation (NASDAQ: PSEC) is offering a lesson on how to hurt its new shareholders who decided to take a stake in the company in recent weeks. The good news is that the…