More downgrades are hitting Europe today by the credit ratings agencies. Today’s downgrades are not in the PIIGS as we have become so accustomed to. Instead of bashing Portugal, Ireland, Italy, Greece, or Spain,…
Patriot Coal Corporation (NYSE: PCX) was halted on a major downside move. Bloomberg has reported that a bankruptcy filing is said to be coming as soon as today. The headlines on the DJ broad…
Consumer credit is still on the rise. Is it due to the public borrowing for summer vacations, or is it something else? The latest report from the Federal Reserve shows that credit rose during…
Large computer screens are not exactly new. Still, it is amazing just how big some of these can get. Microsoft Corporation (NASDAQ: MSFT) once demonstrated a large tabletop touchscreen PC unit, and we already…
Forget about your Fourth of July time off! Earnings season is starting this week and it is the tough summer trends that investors have to worry about. While many businesses have held up fine…
Most investors are back from a long holiday and having to digest waves of bad news from companies and from government economic reports. And now we even have Alcoa, Inc. (NYSE: AA) kicking off…
Now that the healthcare constitutionality argument has passed, healthcare and insurance providers are consolidating. WellPoint Inc. (NYSE: WLP) just announced that it was acquiring AMERIGROUP Corporation (NYSE: AGP) in a $4.9 billion transaction in cash against…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) is supposed to be about as cyclical as a company can be. It sells premium media when there is a free alternative in every car, and its…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. AK Steel Holdings Corporation (NYSE: AKS) named Bear of the Day at Zacks. Archer…
It will be an unusual report and reaction this Friday when the Labor Department releases its report on unemployment and payrolls. The European Central Bank was expected to cut interest rates on Thursday morning…
It is no secret that the world of smartphones has consolidated and continues to consolidate. Research in Motion Ltd. (NASDAQ: RIMM) was the smartphone just a few years ago for executives and workers. RIM…
Activision Blizzard, Inc. (NASDAQ: ATVI) has done a better job of fending off all of the freemium games and cheap online games compared to other publishers. Its World of Warcraft and other efforts are the…
Micron Technology Inc. (NASDAQ: MU) saw a bump up in its share price of less than 3% on its securing the Elpida merger out of bankruptcy in Japan. What Micron is getting here is a…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. ADTRAN Inc. (NASDAQ: ADTN) Cut to Equal-weight at Barclays. Alliant Energy Corp. (NYSE: LNT) Reiterated Buy…
GlobeImmune, Inc. is the latest biotech to file for an initial public offering. Financial terms were not disclosed but the first filing is for up to $69 million in common stock. This one has…
Microsoft Corporation (NASDAQ: MSFT) disclosed that it will need to take a massive charge after the close on Monday. Before you hit the panic button here you really need to understand what the charge…
By now you have heard all of the fears of the inflation spectre. After printing money, buying up hundreds and hundreds of billions of billions worth of securities, and bailing out the banks and…
The freshly announced multibillion biotech buyout of Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN) for more than $5 billion in equity value may be a bit misleading if you consider that it is effectively a split…
Jon OggHow much should a Wall Street analyst call be worth? Pointing out a buyout rumor or a large contract win before anyone, well that can add massive value to a stock. But what about…
While many investors and traders are going to be out, we have two key events to watch this week. The first is a hoped-for rate cut from the European Central Bank on Thursday. Americans…