Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday. American International Group (NYSE: AIG) Reiterated Buy with $40 target at BofA/ML. Comerica Incorporated…
T. Boone Pickens is no stranger when it comes to high oil price predictions. He used to say “$80 before I am 80” and that turned out to be correct and then some as…
Polycom Inc. (NASDAQ: PLCM) is out lowering its expectations on sales during the first quarter. The videoconferencing and enterprise telephone maker cut its outlook for revenues and profits that were well under expectations. The…
The Bank of England has voted to decide to leave its key short-term lending rate unchanged at 0.5%. The move was widely expected to remain unchanged, and it also follows a similar action announced…
If you can count on one banking CEO to be outspoken, chances are high that it is Jamie Dimon of J.P. Morgan Chase & Co. (NYSE: JPM). In his annual letter to shareholders, Dimon…
Premier Exhibitions, Inc. (NASDAQ: PRXI) is far from a typical public company and it has been featured by us as one of America’s most unusual public companies before. The company is a presenter of museum-quality touring…
There is good news and bad news on Thoratec Corporation (NASDAQ: THOR) today. The bad news is that it did have a FDA news recall of its HeartMate II® Left Ventricular Assist System. The good…
Thoratec Corporation (NASDAQ: THOR) took it on the chin today after news came out about the Food & Drug Administration recalling the company’s HeartMate II as the left ventricular-assist system. What is interesting is that the FDA…
European banks are taking it right on the chin, or maybe the chin and the nose. The reports of a bad Spanish debt auction managed to push up borrowing costs again and it only…
News from Abbott Laboratories (NYSE: ABT) on its positive Phase II study results from two different interferon-free hepatitis C treatment has the entire drug sector up in arms as it pertains to Hepatitis C…
There is no point in arguing about it. Gold and silver are just the wrong trades in the current state of the markets. Hope may be near for support, but there are risks to having…
American International Group Inc. (NYSE: AIG) may have yet one more rabbit to pull out of the hat that could pay back the American taxpayers who funded its bailout during the financial meltdown. CNBC…
The news from SanDisk Corporation (NASDAQ: SNDK) about weak demand and weak pricing was something we expected to bleed over to others in flash memory and in consumer electronics. The reality is that this…
The Institute for Supply Management is out with its latest report on the services economy. The non-manufacturing data for the month of March 2012 showed that economic activity in the non-manufacturing sector posted its…
The Carlyle Group L.P. is still planning to come public via an initial public offering. The move will make one more private equity group public. If you have tracked the trends of small floats…
Yahoo.comYahoo! Inc. (NASDAQ: YHOO) has confirmed the big secret that most financial and employment readers already knew was coming soon. The layoffs have been confirmed. Yahoo! is talking about reshaping the company for the…
The Securities and Exchange Commission is highlighting something which may be a concern for the popular mutual fund themes called Target Date Retirement Funds. For the billions and billions of dollars which have been…
American Superconductor Corporation (NASDAQ: AMSC) has entered into a securities purchase agreement with an institutional investor whereby the company will raise about $25 million in gross funds. This compares to a pre-funding market capitalization…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday. American International Group (NYSE: AIG) Raised to Outperform at Bernstein. Bazaarvoice Inc. (NASDAQ: BV)…
Europe is no Disneyland at the moment. Still, some data is showing contraction while other data shows that the overall healthier economies may be escaping the worst fears of late 2011 and earlier this…