GS.COMGoldman Sachs Group Inc. (NYSE: GS) just seems as though it cannot get out from under the negative spotlight. The Securities and Exchange Commission charged that the brokerage and trading firm (or bank holding company…
Google Inc. (NASDAQ: GOOG) is set to report earnings after the close of trading on Thursday and this is likely to set the tone for many internet operations. In late-morning trading, Google shares are…
Jon OggApparently having a short selling strategy under a hedge fund exchange-traded fund model has been working. This week we received notice that the assets under management for AdvisorShares ActiveBear ETF (NYSE: HDGE) hit a record with more…
Ally Financial Inc. is still planning to conduct its initial public offering. A fresh amended filing from this morning shows that Ally plans to sell up to $100 million in common stock and/or up…
Oaktree Capital Group, LLC (NYSE: OAK) is looking to be an initial public offering which went from bad to worse. Let’s call is a double-busted IPO. The initial public offering price was $43.00 per…
Bed Bath & Beyond Inc. (NASDAQ: BBBY) is facing an unusual call this morning. Canaccord Genuity has downgraded the rating to “Hold” from “Buy.” The team noted, “We calculate that BBBY’s market share declined…
If inflation is rising it is not quite so evident in the wholesale inflation data. The Producer Price Index for March was reported as Flat or 0.0% and the core rate which takes out…
The Labor Department’s report on weekly jobless claims may have the caveat that Easter was earlier but it is ugly on the surface. The weekly jobless claims rose 13,000 to a seasonally adjusted 380,000. …
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday. Adtran Inc. (NASDAQ: ADTN) Reiterated Buy with $39 target at Argus. Agrium Inc. (NYSE: AGU) named…
The U.S. federal government budget deficit was roughly $198.16 billion in March. The Treasury’s report showed it to be the second highest deficit so far this fiscal year behind the $231.7 billion from February…
GameStop Corporation (NYSE: GME) may be down today because of a Needham & Co. research downgrade where the video game retailer was cut to “Hold.” There is another interesting call to analyze today and…
The so-called Federal Reserve Beige Book is out and there is some good news and bad news here for bulls and bears alike. The bad news as far as the free money stimulus crowd…
First Solar, Inc. (NASDAQ: FSLR) has become Wall Street’s whipping boy and was recently considered the worst S&P performer over the last year. After shares recently were challenging $20.00, the stock would have almost…
NetApp, Inc. (NASDAQ: NTAP) has been a great growth story and it has ridden the wave of network storage solutions and the cloud long before the most recent interest surged in storage and the…
The Securities and Exchange Commission has announced that it has charged AutoChina International Limited (OTC: AUTCF) AND 11 INVESTORS with conducting a market manipulation scheme. The charges showed that the company and the investors created…
Mattress Firm Holding Corp. (NASDAQ: MFRM) is turning out to prove that there is money under mattresses other than just those who fear that they have to hoard cash. The company is the leading…
Apple Inc. (NASDAQ: AAPL) is the undisputed king of stocks today and analysts keep rushing to upgrade their price targets on the stock. Stern Agee’s Shaw Wu has joined in with yet an even…
The new CEO of J. C. Penney Company, Inc. (NYSE: JCP) has been making many changes at the retail giant. Ron Johnson is trying to bring in some of his magic from Apple Inc.…
Texas Instruments Inc. (NASDAQ: TXN) is trading up so far with the broader equity and technology markets. The question which needs to be asked is “Should it really be up?”… The warnings out of…
Few details are out, but the Department of Justice is going to be making an announcement today that it is filing a lawsuit against Apple Inc. (NASDAQ: AAPL) and book publishers for collusion or…