courtesy Facebook Inc.Calling a bottom is generally speaking a sucker’s game and it can often feel a bit like trying to catch falling swords. That is particularly the case when you have a highly…
NokiaNokia Corporation (NYSE: NOK) has been one of the greatest disasters in telecom and communications out there as far as raw market value lost. Research-in-Motion Ltd. (NASDAQ: RIMM) is a runner-up, and the giant…
Tempur Pedic International Inc. (NYSE: TPX) was absolutely slaughtered this week due to its warnings. The news took out about half of its value, but the stock is now down about 75% from its…
Is this just the fight on fat slowing growth, or is this the peaking of a secular trend? McDonald’s Corp. (NYSE: MCD) reported that its same-store sales rose by only 3.3% in the month…
Rite Aid Corp. (NYSE: RAD) has been a troubled stock in a difficult financial position for over a decade now. So, it tends to stand out when research firms act very positively on it. …
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. American Eagle Outfitters (NYSE: AEO) named Bull of the Day at Zacks. Avon Products,…
It was good news on the surface that China decided to cut its overnight interest rates. We have not seen this since during the great recession and most expected China to just lower its reserve…
Fitch Ratings has had many reports today, but perhaps the largest call is a downgrade of Spain to “BBB” that has added some pressure to the Euro. Today’s downgrade took Spain’s Long-term foreign and local currency…
Fitch has already warned today that if the United States dos not get a credible fiscal plan after the elections that it would likely downgrade the United States’ sovereign credit rating. Now comes a…
The Dow Jones Industrial Average has one trait that most other broad market indexes cannot claim: Every single component pays a dividend to its shareholders. With only a few exceptions, these DJIA components have…
Federal Reserve Chairman Ben Bernanke is testifying before the Joint Economic Committee at Congress today and Mr. Bernanke is not exactly committing to any further quantitative easing or QE3. He did, however, mention that…
SNL Financial has released its list of largest banks by assets and deposits. The list is as you might expect with the large money center banks being ranked, but where some of the surprises come…
lululemonLululemon Athletica Inc. (NASDAQ: LULU) is in the downward dog position this morning after earnings and guidance disappointed. The yoga and exercise-themed retail and product maker said that its quarterly profits rose to $46.6…
Sprint Nextel Corporation (NYSE: S) already has the iPhone for its namesake brand. Now we have word that its Virgin Mobile USA is following the lead of Leap Wireless International Inc. (NASDAQ: LEAP) by…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Baker Hughes Inc. (NYSE: BHI) Cut to Neutral at Macquarie. Charter Communications, Inc. (NASDAQ:…
The Bank of England (BOE) followed the steps of the European Central Bank (ECB) earlier this week. This morning came news that England’s overnight and short-term rates would be kept static at 0.50%. While…
Baker Hughes Incorporated (NYSE: BHI) has announced that despite the drop in oil prices, its count on rigs rose in the month of May. The services firm reported that the international rig count was…
EMC Corp. (NYSE: EMC) has one major value in its holdings of VMware Inc. (NYSE: VMW). It is worth billions upon billions in raw dollars due to VMware’s status as the de factor King of…
Moody’s has telegraphed a banking sector review for quite some time, and it has actually been ongoing and the ‘bad news’ should be out very soon. We skipped many of the smaller incidents, but…
The Beige Book released today from May sounds a bit out to lunch. Maybe it is because the data is old, but the general trend here is more positive than negative. While none of…