In the week ended September 16th, the US exported more refined products than it imported. Year-over-year, the US is now exporting 714,000 barrels/day more refined products than it is importing. The largest portion of…
The boom in US natural gas drilling resulting from the technological advances of horizontal drilling and hydraulic fracturing is beginning to spread to the rest of the world. In some countries, like France, shale…
Berkshire Hathaway Inc. (NYSE: BRK-A) saw its share break under $100,000.00 last week in its A-Shares. Apparently Mr. Buffett thinks enough is enough. The company’s board of directors has authorized the company to repurchase…
Just last week we noted a new study from the Gartner Group Inc. (NYSE: IT) that the iPad from Apple Inc. (NASDAQ: AAPL) looked set to dominate the tablet market until at least 2015. …
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research. Advanced Micro Devices Inc. (NYSE: AMD) Raised to Buy at UBS. Alkermes plc (NASDAQ: ALKS)…
Friday’s bounce in the U.S. is continuing based on the fact that there was no significant negative news or negative developments over the weekend. On the day we were down last week it was many…
Jon OggEach morning we review our top upgrades, downgrades and initiations from Wall St. research notes. We then look back over these at the end of the week to more closely review calls that…
This was no good week for stocks even if the markets have bounced off the lows numerous times on Friday. The low of the DJIA on Friday morning of 10,638 was down about 7.5%…
Today’s ratings news leads off with the downgrade by Moody’s of six Greek banks, including National Bank of Greece (NYSE: NBG). All six were lowered from ‘B3’ to ‘Caa2’. Anyone who is shocked by…
The outlook for US holiday season retail sales is either good or not so good, depending on whom you ask. Cargo container shipping has been slow in July and August, leading to speculation that…
Last April Dish Network Corp. (NASDAQ: DISH) paid $320 million to acquire Blockbuster Inc. out of bankruptcy. Speculation at the time suggested that Dish would enter the streaming video and DVD-by-mail market in a…
There is some very odd news out of Canada today. A plane wreck could have, or could, have an impact on the development of rare earth metals in North America. The good news is…
Solar PV maker First Solar Inc. (NASDAQ: FSLR) failed to meet a deadline in its application for a federal loan guarantee amounting to $1.9 billion for its Topaz solar farm project. The project was…
National Bank of Greece SA (NYSE: NBG) is trading lower this morning with Europe after news that Moody’s has downgraded 8 Greek banks to ‘Caa2’ from ‘B3’ in a fresh outlook in Greece. Other…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Altera Corporation (NASDAQ: ALTR) Started as Outperform at William Blair. Annaly Capital…
Owning gold or silver has been tricky up until recent years. It has also been a wild ride. Now with the flourishing ETFs, investors can buy the most liquid gold play in SPDR Gold…
The DJIA (NYSE: DIA) was trading down 500 points today before a late-day rally. More European concerns and serious slowing in China’s manufacturing data only brought on more selling. The week before was all…
Everyone, or most everyone, loves initial public offerings and the allure of great gains on the great growth engines of the next decade. Sometimes things just don’t work out as well as the hype…
Computer peripherals maker Logitech International SA (NASDAQ: LOGI) has been having a tough year and its going to get tougher. The company posted an EPS loss of -$0.17 in its first fiscal quarter and…
Enbridge Energy Partners, L.P. (NYSE: EEP) is raising some fresh capital. The partnership has priced an 8 million common unit secondary offering at $28.20 per unit in a move that will generate net proceeds…