There is value in the world of conglomerates. The news flow is further evidence of that, but we have to throw up the caveat the driving force today should likely be considered a rumor…
Currency traders really don’t like governments to intervene in the global currency market. Such moves tilt the playing field in unexpected ways that can cause traders to unwind positions that would have paid off…
If there is one single obvious trend you need to burn into your brain regarding retail it is this: DOLLAR STORES!!! After that it is discount stores. Even though dollar stores are no longer…
The chairman of China Mobile Ltd. (NYSE: CHL) has said that the world’s largest mobile carrier, with more than 610 million subscribers, does not have a timetable to begin offering the iPhone from Apple…
It is not too often that analysts call for stocks to rise 50%, let alone call for them to rise 100%. That is happening as Canaccord Genuity has initiated coverage of many second tier…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Adtran Inc. (NASDAQ: ADTN) Reiterated Buy and $49 target at Argus. Allergan…
The American Jobs Act is a bill which is supposed to be “fully paid for.” It isn’t. In the attack on wealth at all costs, the measure to tax municipal bond interest for the…
The first votes are in on the pricing scheme introduced in July by Netflix, Inc. (NASDAQ: NFLX) and it appears that the company’s subscribers are voting with their feet. Netflix now expects to claim…
Morgan Stanley (NYSE: MS) has just released a “leadership transition” at the company. John Mack, known formerly as ‘Mack the Knife,” is stepping down as Morgan Stanley’s Chairman and is retiring at year-end. He…
The U.S. Postal Service is proposing “sweeping changes” to how the mail system works in America. Some is good, and some is not enough. The aim is to save up to $3 billion a…
Chipotle Mexican Grill IncChipotle Mexican Grill Inc. (NYSE: CMG) opens its first Asian-themed store today, called ShopHouse Southeast Asian Kitchen, in a move calculated to take advantage of consumer demand for limited-service Asian food.…
HCA Holdings, Inc. (NYSE: HCA) is surging on news this morning that could be a very valuable lesson for private equity IPO situations. The company is repurchasing a whopping 80,771,143 shares of HCA common…
It appears that the slowdown in foreclosure filings has reached an end. Issues surrounding foreclosure processing, state foreclosure laws, and other court rulings are getting resolved and the pace of foreclosures picked up markedly…
Weekly jobless claims are heading the wrong way and all we can hope is that there is some hurricane and storm bump that has been in this report. The Labor Department, which should soon…
The number of ways consumers can spend their money is poised to get larger. The familiar credit and debit cards are threatened by all manner of electronic payment methods, and none of the big…
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Aeroflex Holding Corp. (NYSE: ARX) Raised to Conviction Buy List at Goldman…
Netflix Inc. (NASDAQ: NFLX) has a new name… Growth Interrupted. Much of its problems are tied to the new pricing as well, perhaps much more so than the slowing economy. Then there is the…
courtesy Facebook Inc.Facebook had already said that it wanted to conduct its IPO in 2012 rather than 2011. We still named it as being one of the Top 17 IPOs To Watch In 2011…
The 30-Year Treasury auction, the so-called Long Bond, had a strong participation for what is technically a 29-year and 11-month bond. The participation rate was strong enough that this still shows a safety bias…
Yum! Brands Inc. (NYSE: YUM) has raised its dividend yet again. Today’s news of a 14% increase in the payout rate for the quarterly dividend comes to $0.285. Based upon a $52.60 price, the…