Winners as Pfizer Loses Lipitor Patent (PFE, TEVA, MYL, WPI)
Pfizer Inc. (NYSE: PFE) has a big day ahead of it. While it has been known for years, it is a massive date: Lipitor goes off-patent and will have generic versions of the statin…
Pfizer Inc. (NYSE: PFE) has a big day ahead of it. While it has been known for years, it is a massive date: Lipitor goes off-patent and will have generic versions of the statin…
After looking through the Research-in-Motion Ltd. (NASDAQ: RIMM) analyst upgrade from this morning, the call may offer more confusion. It was Bernstein, and the raised call was only to “Market Perform” from a dismal…
The news flow around the AMR Corporation (NYSE: AMR) filing for bankruptcy is rampant. Some say it was expected and others believe it was premature. The aim to work its cost structure, but this…
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Applied Materials Inc. (NASDAQ: AMAT) Started as Hold at Deutsche Bank. Becton Dickinson & Co.…
Tiffany & Co. (NYSE: TIF) reported earnings of $0.70 as revenues rose 21% to $821.8 million. The Thomson Reuters consensus estimates were EPS of $0.61 on revenue of $802.1 million, compared with EPS of…
AMR Corporation (NYSE: AMR) has filed for bankruptcy, making all those rumors look more and more valid. AMR has noted that it has $4.1 billion cash in the bank and also that it will…
Groupon, Inc. (NASDAQ: GRPN) has now been cut in half since its IPO. The social couponing leader was one were vocal about with warnings over the price over and over going into, as well…
FitchRatings is affirming the “AAA” rating of the United States. Unfortunately, the ratings agency is cutting the outlook on the long-term rating to NEGATIVE from STABLE. As noted: Fitch’s current assessment is that the…
TETRA TECHNOLOGIES INC (NYSE: TTI) is trading higher after two directors of the company bought shares. Investors love to see insider buying, and this was regarding some 40,000 shares in total. Shares of the…
Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX) is surging on reports by Bloomberg that the company is exploring strategic alternatives, which would imply a potential merger or acquisition of or by the company. Shares are now…
Tiffany & Co. (NYSE: TIF) is expected to report earnings Tuesday. If there is one barometer on what the 1% are willing to spend money on, Tiffany may be it in the sector of…
The super-low bank P/E ratios may be showing something of a question. J.P. Morgan Chase & Co. (NYSE: JPM), Bank of America Corporation (NYSE: BAC) and others top banks may have a combined $13…
The market is surging on European hopes of the beginning of the end to the financial crisis, despite credit rating bantering out of credit ratings agencies. Now we just have to hope that Europe…
EarthLink Inc. (NASDAQ: ELNK) was named as the Focus Stock of the Week by S&P Capital IQ. EarthLink now has a 5-STARS or Strong Buy rating. Strengths are as follows: transformed from a consumer-centered…
The mid-November NASDAQ short interest may have been lost in the Thanksgiving and Black Friday shuffle, but there were some very interesting and in some cases startling short interest factoids in the data. Overall,…
Advanced Battery Technologies, Inc. (NASDAQ:ABAT) has issued a letter to its shareholders. The claim is that the company “has been afflicted by the concerted actions of a group of short sellers” where they accumulated…
Needham & Co. is not generally a research firm that creates 4% moves in shares, except that is the case this morning. Salesforce.com (NYSE: CRM) would have likely been up on its own due…
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning. Agnico-Eagle Mines Ltd. (NYSE: AEM) Cut to Hold at Canaccord Genuity. Avalon Rare Metals Inc. (AMEX:…
Gilead Sciences Inc. (NASDAQ: GILD) is trading higher this Monday on a top research upgrade. The biotech was raised to the Conviction Buy List by Goldman Sachs. Its new price target is $46.00 per…
AT&T Inc. (NYSE: T) has been in the news because of what is turning into a more and more likely failed acquisition of T-Mobile from Deutsche Telekom. While a $4 billion charge is a…