These are some of Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Amgen Inc. (NASDAQ: AMGN) Cut to Market Perform at BMO. AutoNation Inc. (NYSE: AN) Raised to Neutral at…
Southwest Airlines Co. (NYSE: LUV) is now sometimes considered a discount carrier and sometimes considered a legacy carrier, but it still has among the most loyal customer base and it seems to be the…
Brocade Communications Systems Inc. (NASDAQ: BRCD) may have turned in a net loss after items and options, but non-GAAP earnings were $0.16 EPS and $550 million versus estimates of $0.14 EPS and $527.4 million. …
Garmin Ltd. (NASDAQ: GRMN) has been in a precarious situation due to its core product being under fire by free products, but at least one firm sees value and upside. Zacks Investment Research has…
Shanda Interactive Entertainment Limited (NASDAQ: SNDA) has entered into merger agreement with Premium Lead Company Limited and New Era Investment Holding Ltd. While this may be a premium over the last 30 days, the…
If the news reports are accurate out of Cairo, things are going from bad all over again to far worse all over again in Egypt. It turns out that the interim government hasn’t been quite…
Make this as good as official now that S&P has chimed in: NO RESOLUTION FROM SUPERCOMMITTEE!!! You already knew that the Supercommittee was really just the “stuper-committee”… Impasse, again impasse. The big fear from the financial…
Netflix, Inc. (NASDAQ: NFLX) is showing that it is nowhere at all close to representing a “value stock” today as many investors have been hoping. The company has filed a shelf registration statement that…
Hewlett-Packard Co. (NYSE: HPQ) has reported its fourth quarter earnings and we have this listed against Thomson Reuters estimates: Q4 non-GAAP at $1.17 EPS and $32.3 billion in sales vs. estimates of $1.13 EPS…
All of the endless fans of Facebook may be closer to seeing how their effort is contributing further to the pools of billionaires. A report from New Media Age is signaling that Facebook is likely…
SPDR Gold Shares (NYSE: GLD) is doing exactly what it is supposed to do, although not if you are a gold bug. The GLD is tracking gold as the great gold flush occurs under the 50-day…
The attack on Jefferies Group, Inc. (NYSE: JEF) is unfortunately reminiscent of larger implosions of firms formerly named Lehman and Bear Stearns. It almost does not seem to matter what Jefferies management says or what…
Hewlett-Packard Co. (NYSE: HPQ) is set to report earnings after the close. As this is the first report with Meg Whitman on as CEO and with the shenanigans that took place around Leo Apotheker’s…
If one thing irks shareholders who are losing money in a company, it is when they see a CEO or top officer leave a company and then still getting bonuses. While this is often…
We have already seen the woes around the United States losing its prized “AAA” rating and then the attention focused elsewhere. The question became, who are the weakest Triple-A ratings out there which should…
The deal between Gilead and Phamasset is driving other hepatitis C developers higher this morning. Whether the 90% or so premium is a true read on just how bad this is up to you but…
Research in Motion Ltd. (NASDAQ: RIMM) was first seen with a target price cut at Credit Suisse to $20 from $30 this morning. The real “taking the cake” downgrade came from JMP Securities where…
Dendreon Corporation (NASDAQ: DNDN) is surging on news that the Centers for Medicare and Medicaid Services will now cover the infusion costs associated with the administration of PROVENGE. Dendreon noted that this new coverage…
These are some of Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Apple Inc. (NASDAQ: AAPL) Reiterated Outperform and $500 target at Credit Suisse. CIGNA Corp. (NYSE: CI) Raised…
Gilead Sciences Inc. (NASDAQ: GILD) is trading lower on news that it is spending some $11 billion to buy Pharmasset, Inc. (NASDAQ: VRUS). What is interesting is that Pharmasset was valued only at $5.5…