Altria Group Inc. (NYSE: MO) is going to have more cash on its books now that can go to paying shareholders more dividends rather than paying plaintiffs in lawsuits against the company. Whether this…
Pep Boys – Manny, Moe & Jack (NYSE: PBY) was supposed to be the next buyout. Apparently not and shares are getting crushed. The news is out confirming that Gores is ditching its planned…
Is this a great time be in the market for a mortgage or what? Well, as long as you don’t consider what the 10-Year Treasury yield is telling you about the economy. As “Sell…
The employment report for May is due on Friday from the Labor Department, and the first views of the tally may be a weak. TrimTabs has data out this morning projecting that only 124,000…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. American International Group (NYSE: AIG) Raised to Buy at Sandler O’Neill. Angie’s List (NASDAQ:…
Research-in-Motion Ltd. (NASDAQ: RIMM) was halted on NASDAQ trading after the close for ‘news pending’ after rumors had been out of more layoffs heading its way. The company has now issued a “business update” despite…
courtesy of Pandora MediaPandora Media, Inc. (NYSE: P) recently rallied with its earnings report last week, but there is a new threat for it and other services. A new Galaxy smartphone by Samsung comes…
Jon OggEach morning 24/7 Wall St. tracks the wide number of analyst upgrades and downgrades that come out from Wall Street analysts. After looking back through these reports, many calls stand out as being…
Stern Agee has decided to “stress test” the new Stress Tests under the Dodd Frank regulation. The current rate calls for banks with $10 billion or more in assets to get this test and…
Facebook, Inc. (NASDAQ: FB) had two big milestones today while its totally-in-control CEO decided to mix a honeymoon in while his newly public shares are in free-fall. The stock broke under $30.00 and it…
This Friday will be close to marking the mid-year progress report on jobs created and on the unemployment rate. The expectation from Bloomberg shows an expected 8.1% unemployment rate for May, which would match…
The Conference Board has just released its Consumer Confidence reading for the month of May, showing that the decline seen in April was even a larger decline in May. The index came in at…
Retail Metrics is out with its forecasts showing that it still expects that the May 2012 Same Store Sales Index will come in with a gain of 1.7% for the month. This is effectively…
Reports of what appears to be am effective government takeover of Bankia in Spain, ongoing debt and capital concerns of the banks, and borrowing costs approaching 7% are all culminating with the rest of the…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Apple, Inc. (NASDAQ: AAPL) named Bull of the Day at Zacks. ArcelorMittal (NYSE: MT) Raised…
Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) was very close to 52-week highs of late, but that will not be the case now. The company updated information that is being called a correction about lung function from…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. No analyst calls will be made on Monday in the United States as it…
Almost every morning 24/7 Wall St. issues its Top Analyst Upgrades & Downgrades between 8:00 AM And 8:30 AM EST (today’s report here). Sometimes these calls are important and sometimes they just fall through…
Joy Global, Inc. (NYSE: JOY) is getting slapped very hard today on two different analyst calls. The drop is enough that you might think that Joy suffered from an earnings report that had no…
The recent sell-off has been brutal to semiconductors and chip stocks of late. To make matters worse, investing in technology and semiconductors can be brutal during the summer months. Still, many investors believe that…