The action out of China’s virtual easing by lowering reserve requirements was already a boost to global markets, but the coordinated central bank efforts of the U.S., Canada, Europe, Switzerland, and the U.K. to…
U.S. non-Farm Productivity for the third quarter was revised lower to +2.3%, lower than the 2.5% expected from Dow Jones and much lower than the preliminary figure of 3.1%. A change in hours worked…
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. AMR Corporation (NYSE: AMR) Cut to Sell at Citigroup. Cabela’s, Inc. (NYSE: CAB) named…
The Federal Reserve has issued some news that equity investors are going to love, and bond investors may enjoy the news as well as it could stop the blood-letting of bond spreads. The Federal…
Challenger, Gray & Christmas Inc. is among the first data that investors use to front run the unemployment and non-farm payrolls data each month. The newest data from the group indicated that employers are planning…
It has been a long time coming, and now many patients will be able to switch to a generic. Pfizer Inc. (NYSE: PFE) has now officially lost its patent over its cholesterol-lowering statin Lipitor. …
The USDA has just released the farm income data. The gains in wealth and income for farmers in 2011 over 2010 are projected to be handy gains, up in the double-digits in many cases. You…
The next time you sing “Old McDonald Had a Farm” you might want to consider that it is really “Rich Man McDonald” if the USDA report is as clear as it sounds. The U.S.…
OmniVision Technologies Inc. (NASDAQ: OVTI) is getting pounded in the after-hours session after the phone-camera chipset maker beat earnings but gave a weak guidance ahead. The acquisition of CameraCube helped the company. The disappointing quarter…
The details of the S&P bank sector downgrade were due to ratings criteria changes in the banking sector. 24/7 Wall St. has a detailed downgrade of the banking sector and the CreditWatch “Negative” is…
Standard & Poor’s is at it again… more downgrades and this time in the ailing banking sector. While we focused solely on the U.S.-based banks here, the downgrade was handed aimed at 37 of…
Markets opened higher this morning but the day ended up mixed between stock winners and losers. Janet Yellen talked more about her outlook inside the Federal Reserve, but more poor housing price data was…
Bill Gross doesn’t exactly give you much reason to rush out to invest your money right now. In his December monthly outlook published on the PIMCO website, Gross set a very cautious tone. Gross…
The age of austerity is catching up with digital photo companies offering birdseye satellite images to subscribers. As you can imagine, the military and intelligence branches are the main markets even if the firms…
Bank of America Corporation (NYSE: BAC) has not done well with a good market nor with a bad market. The big gap-up Monday was sold off and now the lows on Tuesday have violated…
Focus Media Holding Ltd. (NASDAQ: FMCN) is down 6% right before the troubled stock is going to be featured as a short sell stock by Muddy Waters Research’s Carson Block. Now the attack is…
Housing prices are back to where they were at the start of 2003, and things are not getting any better. CoreLogic showed that negative equity data showed that 10.7 million, or 22.1%, of all…
Magal Security Systems Ltd. (NASDAQ: MAGS) is showing just how little companies can be huge winners or huge losers based upon orders and earnings. Over a week ago the Israeli security systems company said…
AMR Corporation (NYSE: AMR) has now been halted so many times that there may be a discrepancy from source to source on just how many times the stock has halted. By our count, it…
National Bank of Greece SA (NYSE: NBG) currently looks and acts like a different stock or ADR. The reason is because of its reverse stock split, at 1-for-5, which just took effect this week. …