Meet The $1,001 Apple Share Price Target (AAPL)
Apple Inc. (NASDAQ: AAPL) is no stranger to analysts ratcheting their price targets higher and higher. While one case was recently made for Apple shares going to $1,650 by the end of 2015, a…
All Work
Jon C. Ogg
ChinaCast, From Troubled To Dysfunctional (CAST)
ChinaCast Education Corporation (NASDAQ: CAST) is one of the Chinese companies where investors might not be best served by management. Infighting at the board of director level appears to be met with resignations and…
Yahoo! Activist Investors Launch Recruiting Site (YHOO)
The activist investor attack against Yahoo! Inc. (NASDAQ: YHOO) to better unlock its value is heating up. Dan Loeb, Harry Wilson, Michael Wolf, and Jeff Zucker have launched the website VALUEYAHOO.COM in an effort…
Marc Faber Boom & Doom… Stocks, Japan, Gold (EWJ, GLD)
Jon OggMarc Faber, who is the publisher of the Gloom, Boom and Doom Report, gave an interview on Bloomberg Television this Monday showing some real caution that is mixed with some optimism. Faber spoke…
ISM Shows More Robust Manufacturing Growth
The ISM Manufacturing Report on Business is coming in a bit better than some of the recent regional data may have indicated. Today’s report shows that if you use the entire United States rather…
Merger Watchdogs Asleep in Medco-Express PBM Merger? (MHS, ESRX)
Isn’t the current administration’s watch-dog policy supposed to police mergers and acquisitions in regards to competition and pricing power? Many industry watch groups have been opposed to the merger where Medco Health Solutions, Inc.…
Top Analyst Upgrades & Downgrades (AMZN, BIP, XLS, GM, GPRN, ICE, LLTC, PRXL, PKD, PVH, GOLD, RIO, LUV, SHW, TXN)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday. Some of these calls are moving the shares this morning. Amazon.com, Inc. (NASDAQ: AMZN)…
Cybex Stock Tout Creates Trading Fluke (CYBI)
Cybex International Inc. (NASDAQ: CYBI) was halted based on a single-stock circuit breaker getting triggered on Friday afternoon. Some investors may think that the company is suddenly being acquired or that a big investor…
No Credit Upgrade For Warren Buffett’s BNSF Rail Outfit (BRK-B)
Berkshire Hathaway Inc. (NYSE: BRK-B) may have been hoping that a review of the credit ratings of its Burlington Northern Santa Fe railroad unit would be given a credit upgrade. That is not the…
Private Equity Firms File For Michaels Stores IPO (MIK, BX)
Michaels Stores, Inc. has just filed its paperwork with the Securities and Exchange Commission to come public again via an initial public offering. Todays move confirms recent reports and speculation that private equity firms…
Whole Foods Bans Red-Rated Fish (WFM)
Whole Foods Market (NASDAQ: WFM) has always tried to be the most ecologically friendly grocer of all the big chains. Now it is taking steps to go further into protecting fish by eliminating fish…
Facebook’s Final Private Share Sale Is Near
You have already been told that Facebook is asking for private market exchanges to cease trading its shares. You have also been told about a fund dedicated solely to buying Facebook shares from SecondMarket. …
Reval Files For IPO, Treasury and Risk Management
Reval Holdings, Inc. has filed its paperwork with the Securities and Exchange Commission to allow it to conduct an initial public offering. No terms were set as far as shares outstanding, nor was any…
University Michigan Sentiment Surprises Much Higher
The data from the Chicago Purchasing Managers Index was all heading the wrong way, but don’t bother telling that to the survey results from the University of Michigan on Consumer Sentiment. Maybe this coincides…
Chicago Purchasing Managers: Concerns of Higher Prices, Lower Orders & Employment
The March reading from the Chicago Purchasing Managers index came in at 62.2, and the Bloomberg consensus was listed as 63.0 and that was down from 64.0 in February. The problem is not just…
Apple Overly Dominates S&P 500 Performance, Still Lags Some Index Titans (SPY, AAPL, MSFT, XOM, SHLD, BAC, NFLX)
Apple Inc. (NASDAQ: AAPL) has one more bit of evidence that it is acting as if it was its own stock index. Its exceptional share performance is worth a substantial portion of the overall…
Oil & Gas Create Split in Personal Income & Spending Trends
The reading for Personal Income and Consumer Spending is now out for the month of February. Unfortunately, income looks light, while spending is surprising to the upside. February saw only a +0.2% gain in…
New Agriculture ETF/ETP Launches For Diversification (TAGS, CORN, SOYB, CANE, WEAT)
Teucrium Agricultural Fund (NYSE: TAGS) is a new agriculture ETF being launched by Teucrium Trading, LLC. The new exchange traded product actually appears to be structured as bit like a fund-of-funds model that utilizes…
Top Analyst Upgrades & Downgrades (BBY, BWLD, CR, EMC, EXLP, GPS, IBN, INVN, LULU, MU, PAAS, BTU, RTN, RIMM, VVUS)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday. Best Buy Co. Inc. (NYSE: BBY) Maintained Hold at Argus. Buffalo Wild Wings Inc.…
RIM Earnings Actually a Loss on GAAP Basis (RIMM)
Research-in-Motion Ltd. (NASDAQ: RIMM) has now released its earnings after expectations had been tempered ahead of the report. The smartphone maker issued earnings of $0.80 EPS and a drop of 19% in sales from…