Fed Chairman Ben Bernanke is testifying before the Committee on Government Oversight and Reform at the U.S. House of Representatives in Washington, D.C. today. His FRB notes titled this one “The European Economic and…
Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) had been lower on word that Starbucks Corporation (NASDAQ: SBUX) was going to have its own brewing initiative despite the partnership that exists between the two. Now it…
This is obnoxious when companies do this. Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA) is trying the hat trick where it changes exchange listings. Now the company plans to transfer the ADR listing to the…
Canaccord Genuity may have raised its target from $48 to $30 on Oracle Corporation (NASDAQ: ORCL) this morning, but the overall tone is one of caution on valuation. The report noted, “Guidance is slightly…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Accenture plc (NYSE: ACN) Raised to Hold at Soc-Gen. Allscripts Healthcare Solutions (NASDAQ: MDRX) Cut to…
Apple Inc. (NASDAQ: AAPL) has finally listened to the call from Wall Street and Main Street to start using its cash for dividends. With a yield of about 1.8% a the launch, Apple has left…
Apparently the tick up in rates and the pull-forward of February housing purchases is taking a toll on mortgage on data. The Mortgage Bankers Association has now reported that the number of mortgage applications…
Ocean Rig UDW Inc. (NASDAQ: ORIG) had a filing on Tuesday evening that allows DryShips Inc. (NASDAQ: DRYS), its principal shareholder, to offer up to $100,000,000 in common stock via a public stock offering. The underwriting…
Do you remember the Special Purpose Acquisition Company IPO trends from before the recession? The SPACs? There is an initial public offering filing where paperwork was submitted to the SEC. This one has a…
The world of luxury junk food (is there such a thing really?) is alive well if you look at the initial reaction in Krispy Kreme Doughnuts, Inc. (NYSE: KKD) earnings report. The company reported earnings…
Oracle Corporation (NASDAQ: ORCL) has managed to escape the hangman so far after earnings, but the initial caveat is that guidance is not yet out. Earnings came in at $0.62 EPS on an adjusted…
Yahoo! Inc. (NASDAQ: YHOO) has seen its shares pop again after the New York Times is reporting that talks may be about restart with Alibaba. The web site’s Dealbook subsidiary reported that the sides are coming together…
In Las Vegas it pays to be the house. Apparently this is true in Washington D.C. as well. The Federal Reserve System has now released the 2011 combined annual comparative financial statements. The reports…
Regions Financial Corporation (NYSE: RF) is usually no longer very active when it comes to stock options trading. So what happens when it makes the screen of highly unusual trading volume in speculative call…
Solar shares are in a bit of flux after reports that the U.S. Commerce Department has ruled that Chinese solar panel makers have received illegal subsidies from China’s government. U.S. based panel makers have…
Ben Bernanke spoke very briefly with CNBC’s Steve Liesman ahead of his four lectures this week to talk about the context of the recent financial crisis. Mr. Bernanke said that the economy is still very…
A new exchange is coming to the world of public stock and financial market exchanges this week. The initial public offering for BATS Global Markets is going to be highly watched because it is…
BioHorizons, Inc. has just filed to withdraw its filing for an initial public offering citing unfavorable market conditions. This company initially filed back in 2010 for an IPO of up to $100 million. BioHorizons,…
General Electric Co. (NYSE: GE) has been trying to do everything it can to make its balance sheet better. It has sold units through time and has limited its acquisitions to bolt-on deals. The…
Bank of America Corporation (NYSE: BAC) was the victim of a nasty rumor on Monday that sent shares south. The stock is still at a substantial discount to book value even though the shares…