Why Investors Are Looking at the 3M Turnaround Much Closer for 2020
3M has had a slate of challenges for the past year and a half. After everything was chugging along to perfection in 2017, then 2018 and 2019 were rather difficult for 3M, when the…
All Work
Jon C. Ogg
Grubhub Still Faces Competitive Woes After Amazon’s Exit
Things were looking good for Grubhub coming into earnings. The restaurant food delivery service provider's shares had been recovering in the wake of Amazon.com ditching its food delivery services.
Top Analyst Upgrades and Downgrades: AMD, Altria, Apple, BP, EA, Enphase, FireEye, Gilead, Mastercard, P&G, 2U and More
Stocks saw profit-taking on Tuesday, but the major indexes were up on Wednesday ahead of the Federal Reserve’s expected interest rate cut in the afternoon. Earnings season is proving to be quite mixed and…
Wabtec Confirms Planned Exit by General Electric
Wabtec and General Electric look less and less like they are moving in the same direction. GE sold more than half of its stake in this locomotive and train equipment maker.
Why Beyond Meat’s Secondary Offering Looks Egregious
For management and insiders to unload shares after a monster run, and including only a token offering for the company's own benefit, that may feel like a slap in the face to some of…
Overstock Blockchain Dividend Is Now Set, and It’s All Up to You
Overstock.com has declared a dividend payable in shares of its Digital Voting Series A-1 Preferred Stock. It often takes investors some time to figure out the real mechanics of how such a dividend/split will…
Goldman Sachs Raises Its S&P 500 Target for 2019 and Sees Even More Gains for 2020
Wall Street strategists have a hard time agreeing on where the economy and the stock market are heading. Goldman Sachs has issued a higher target for the S&P for 2019, and it sees double-digit…
Top Analyst Upgrades and Downgrades: AppFolio, Cisco, Duke Energy, Goodyear, HyreCar, Illumina, Kinder Morgan, Micron, Pfizer, Tencent Music and More
The top analyst upgrades, downgrades and initiations seen on Tuesday included Cisco Systems, Duke Energy, Goodyear, Illumina, Kinder Morgan, Micron Technology, Pfizer and Tencent Music.
7 Serious After-Movers That Will Light Traders’ Radar on Tuesday
24/7 Wall St. has identified seven of the after-hours trading session's most battered stocks. These moves to the downside are so strong that they are likely to paint the screens of traders on Tuesday…
Sprint and T-Mobile Merger Comes Closer to Decision
The ongoing merger saga between T-Mobile and Sprint finally may be coming to a close, as regulators seem more likely to approve the $26 billion merger.
Is Exxon Mobil Better Positioned Than Chevron Ahead of Earnings?
Energy stocks have yet to participate in the great stock market rally, and this Friday will bring earnings from both Chevron and Exxon.
How Banks Are Replacing Treasuries, Utilities and CDs for Income Investors
The test of time has proven that big and healthy banks have been able to overcome many of the challenges thrown at them over time. 24/7 Wall St. has laid out the case for…
Top Analyst Upgrades and Downgrades: Aflac, Apple, Chipotle, Coca-Cola, Dell, Dish, Gilead, McDonald’s, Starbucks and More
The top analyst upgrades, downgrades and initiations seen on Monday included Aflac, Apple, Chipotle Mexican Grill, Coca-Cola, Dell Technologies, Dish Network, Gilead Sciences, McDonald's and Starbucks.
Why Warren Buffett Doubled Down on BofA Even More Over Wells Fargo
Warren Buffett is buying even more Bank of America shares even after a big rally, and the purchases appear to be at the expense of Wells Fargo (and maybe even JPMorgan Chase).
8 Fresh Dividend Hikes That May Entice More Income Investors
Despite a trade war with China and a slowing global economy, many companies are still raising their dividends. And many of these dividends outyield the 10-year and 30-year Treasuries, right before Fed Chair Powell…
Is More Weakness Ahead for MLPs With Q2 Earnings?
Credit Suisse has an updated view on its midstream and MLP earnings for the second quarter, and the firm is suggesting that a defensive tone could emerge.
Why KBW Sees BofA, Citi and Goldman Sachs Winning From Fed Rate Cuts
According to Keefe, Bruyette & Woods, three top banks will do well and should expect more good than harm from lower fed funds rates.
Why Starbucks Is Hitting New All-Time Highs After Earnings and Target Hikes
Starbucks Corporation (NASDAQ: SBUX | SBUX Price Prediction) shares surged to all-time highs after its earnings report. Along with a strong capital return plan for the years ahead, Starbucks raised its financial guidance while…
Alphabet Chased by Analyst Upgrade Brigade on Price Targets
Alphabet Inc. (NASDAQ: GOOGL | GOOGL Price Prediction) may have been underperforming the broader market and its technology behemoth related companies ahead of its second quarter earnings report, but its earnings report sent the…
Second Quarter GDP Stronger Than Expected as Consumers Show Strength
The Commerce Department reported on Friday that the domestic economy grew at a rate of 2.1% in the second quarter of 2019. The better-than-expected report on Gross Domestic Product (GDP) was better than the…