Baker Hughes Showing Higher Rig Counts, From Canada (BHI)
Baker Hughes Inc. (NYSE: BHI) is out with its latest count of rigs for oil and gas investors and the count is up marginally. The United States was flat at 2,008 rigs while Canada…
All Work
Jon C. Ogg
Dividend & Replacement Cycle, Discounting Ford’s Poor Earnings (F, GM)
Ford Motor Company (NYSE: F) is getting clocked today after earnings. Some of the news should have been anticipated that Thai floods affected its supply chain in Asia because the company already telegraphed that.…
CYS Secondary Impact Almost Unnoticed (CYS)
CYS Investments, Inc. (NYSE: CYS) is down on a secondary offering today but it is actually holding up better than the headline may have led us to believe. The company is a specialty finance company…
AuthenTec Now Fingers Apple (AAPL, AUTC)
AuthenTec, Inc. (NASDAQ: AUTH) has already seen a wild trading day and it looks like the move may have been exacerbated by day traders chasing headline news for any company signing the next pact…
Riverbed, When Bad Gets Even Worse… Turnaround Must Wait (RVBD)
Riverbed Technology, Inc. (NASDAQ: RVBD) was supposed to be on the path of recovery, at least that was the case before yesterday’s earnings and guidance. The communications equipment provider reported a 53% profit gain…
DeVry Goes From Value to Value Trap (DV)
DeVry Inc. (NYSE: DV) is in a position which just feels like a no-win situation in for-profit education. Shares are down nearly 8% at $36.50 and we have already passed a full day’s trading…
Is Jefferies Really a ‘Sell’? (JEF)
Jefferies Group, Inc. (NYSE: JEF) had to endure vast punishment during the Euro meltdown over more rumors than can adequately be counted. In fact, some were calling it openly as “the next MF Global.” …
Illumina Earnings Delay… More Consideration For Higher Merger Price, Much Higher (ILMN, RHHBY)
Illumina, Inc. (NASDAQ: ILMN) is the subject of a Roche takeover at $44.50 per share now, but many investors are expecting a much higher bid. The company has supposedly rebuffed all of Roche’s efforts…
Verastem IPO, Launching Stem Cells Against Breast Cancer (VSTM)
Verastem, Inc. (NASDAQ: VSTM) is joining the class of launched IPOs in 2012. The company priced its initial public offering of 5,500,000 shares of common stock at a price of $10.00 per share. All…
Analysts Coming Late Into J.C. Penney Story (JCP)
It was back on January 5 on shares of J.C. Penney Company, Inc. (NYSE: JCP) that we noted, Bad news is good news for new investors.” The logic was the Ron Johnson magic had…
AEP Takes Valuation Downgrade (AEP, XLU)
American Electric Power Company (NYSE: AEP) saw a great 2011 and its earnings should hold up incredibly well if Ben Bernanke and friends at the Federal Open Market Committee live up to their outlook…
Another McDonald’s Downgrade (MCD)
McDonald’s Corporation (NYSE: MCD) is supposed to be immune from the woes of the world. Its share price is reflective of that. The company has managed to perform over and over and turn in…
Chevron Earnings Could Act As DJIA Drag (CVX, XOM, DIA)
Chevron Corporation (NYSE: CVX) is out with earnings. Regardless of the rhetoric, endless earnings growth is not just assured. The earnings of $5.1 billion sounds massive, but that is down from about $5.3 billion a…
GDP Debunks Double Dip Recession Fears
The U.S. is still growing despite all of the world’s troubles and despite the currency fluctuations. The Commerce Department’s preliminary reading on Gross Domestic Product showed to have growth of 2.8% and the deflator,…
Top Analyst Upgrades & Downgrades (ALL, T, BBY, CELG, CLF, EQY, HIG, JCP, JNPR, KIM, PGR, SD, SYNA, UA, VPRT, ZOLL)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday morning. The Allstate Corporation (NYSE: ALL) Started as Outperform at William Blair.…
A New ‘Outperform’ Rating For Best Buy (BBY)
Best Buy Co., Inc. (NYSE: BBY) has been anything but great for investors in the last year. The electronics retailer might have been considered “Worst Buy” by Wall Street when it comes to retail. …
Honeywell Delivers On Earnings (HON)
Honeywell International Inc. (NYSE: HON) has turned in the conglomerate’s earnings for the fourth quarter. The company reported a sales gain of 8% to $9.5 billion. The company attributed its 7% organic growth on…
An Earnings Breather For Consumer Products (PG, KMB, CL)
Procter & Gamble (NYSE: PG) has reported earnings for its second quarter and the consumer products giant has turned in earnings of $0.57 EPS but the normalized earnings was $1.10 EPS on $22.14 billion…
The Westport Opportunity With Nat-Gas Trucks (WPRT)
Westport Innovations Inc. (NASDAQ: WPRT) has been moving higher this week on hopes and some more warming up to the idea that compressed natural gas could be used to power the U.S. trucking fleet. …
The Juniper & Riverbed Tails Wagging The Cisco Dog (JNPR, CSCO, RVBD)
Juniper Networks, Inc. (NYSE: JNPR) is often considered the baby versions of Cisco Systems, Inc. (NASDAQ: CSCO). That characterisation may not be fair, but that is another story. Investors and traders treat these often…