Brothers Charged in $17M Naked Short Selling Case (CMG, NYX)
Imagine making $17 million short selling stocks. You would never want to buy a stock again other than the purchase used to cover a short sale. The SEC charged two brothers on Tuesday who…
All Work
Jon C. Ogg
U.S. Silica IPO Prices & Hits The Market (SLCA)
U.S. Silica Holdings, Inc. (NYSE: SLCA) is the only known initial public offering on the IPO docket for this Wednesday. The company has priced its initial public offering of 11,764,705 shares at a price…
ADP Jobs Data Supports Higher Non-Farm Payroll Gains Outlook
ADP is out with its pre-unemployment data for the month of January. The effort aims to front-run the Labor Department’s non-Farm Payrolls projections. The new report from ADP is predicting that U.S. private sector…
Top Analyst Upgrades & Downgrades (AMZN, ASH, BAC, C, CAT, DB, XOM, MWW, NEM, STX, SXC, WBSN, VRTX)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. Amazon.com Inc. (NASDAQ: AMZN) Maintained Neutral but cut target to $190…
Bill Gross/PIMCO Monthly Outlook: Supports Bonds This Time
PIMCO’s Bill Gross may be the biggest bond fund manager that there is and he made a doozie of a call betting against U.S. bonds before. Now his monthly outlook is calling for bond yields…
Polypore Woes Continue, May Get Worse (PPO)
Polypore International Inc. (NYSE: PPO) is not finding any love by traders and investors after its day in the ringer. Shares looked like they were trying to bounce after a 30% loss on Tuesday. …
FDA Approval A Boost For the Tiny Bovie (BVX)
Bovie Medical Corporation (Amex: BVX) is a small $53 million company, so any approvals may really help. The company announced that it has received its 510k marketing approval from the Food & Drug Administration which…
Momentum Returning at Lulu (LULU)
Lululemon Athletica Inc. (NASDAQ: LULU) is back according to a report in Zacks Investment Research. The firm is naming it as its momentum stock of the day (FULL DETAILS) based upon its chart and…
Rare Analyst Downgrade of Exxon (XOM)
Exxon Mobil Corporation (NYSE: XOM) rarely gets analyst upgrades and downgrades outside of a major move in the underlying oil trends but that is not the case today. Argus has downgraded Exxon from BUY…
360-Degree Earnings Preview For Amazon.com (AMZN)
Amazon.com, Inc. (NASDAQ: AMZN) may be well down from its highs in 2011, but the online retail platform giant is expected to post its fourth quarter earnings after the close of trading. This should…
11 Major Earnings Previews For Wednesday (AET, ALL, AOL, BMC, CMO, CMG, GMCR, JDSU, LVS, NDAQ, QCOM)
Earnings season is still going strong and Wednesday will have many big earnings reports to watch. These are not the only earnings reports coming from big companies, but these are the ones we will…
Too Many Cautious Analyst Calls & Downgrades??? (GRPN, AWAY, ANDE, CCL, PCL, REXX, DIS, IPI, NIHD, NYX, POT, RSH)
Every morning we publish the top analyst upgrades and downgrades that we see from Wall Street and investment banking analysts. Some calls are insightful, some are total duds. But about when you see a…
The Shame of Listing… THQ Delisting Notice & Index Loss (THQI, POST, CRK)
THQ Inc. (NASDAQ: THQI) has seen things go from bad to worse. Much worse if you look just at stock prices. The company filed notice with the SEC this morning that it could be…
Another FDA Approval For Vertex (VRTX)
Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) has announced another FDA approval. While this approval will treat cystic fibrosis, the current total patient population is rather small if the numbers are not meant to be much…
Party City IPO Still On Track (PRTY)
Party City Holdings Inc. is still on track for its initial public offering. This is the party super-store for all events from Halloween to graduation to birthdays and on and on. It has also…
Wide Dragnet Catches Best Buy (BBY, AAPL, RSH, JCP, AMZN)
Best Buy Co., Inc. (NYSE: BBY) has two things working against it today, or at least two things that were not among the myriad of issues impacting it before the last half-day or so. …
More U.S. Austerity Needed… CBO Baseline Shows Huge Deficits at $1.1 Trillion in 2012
The Congressional Budget Office is out with its outlook and deficits are expected to continue. This report is released each January and the goal is not to be political from this body but to…
Consumer Confidence Heads The Wrong Way
Consumer Confidence is heading the wrong way. The report is just on the heels of a weak Chicago Purchasing Managers reading, and this data from The Conference Board is going to likely dampen expectations…
New All-Time High Signals More Strength at Apple (AAPL)
Apple Inc. (NASDAQ: AAPL) may be criticised for a myriad of issues and it may be praised for a myriad of issues. Generally speaking, the investing purists wills ay all that matters is the…
Chicago PMI Tempers Employment & Growth Hopes
Chicago Purchasing Managers is often used as a leading barometer for overall manufacturing activity in the United States. If that holds true, some tempering of expectation for the Institute of Supply Management data coming…