We could be in for a bout of deja vu all over again. Last May, Intel Corp. (NASDAQ: INTC) announced a new microprocessor and a new trademark — Ultrabook — to carry the company…
The weekly jobless claims from the Labor Department are finally back under 400,000, barely. The report this week shows a drop of 7,000 to 395,000. Dow Jones was looking for about 400,000 in this…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Advance Auto Parts. Inc. (NYSE: AAP) Raised to Outperform at Credit Suisse. Archer…
Cisco Systems, Inc. (NASDAQ: CSCO) is out with earnings and it is not as dire as the market has warned you about from peer earnings. The networking equipment giant reported $0.40 in non-GAAP EPS…
The Dow Jones Industrial Average has bounced after Jamie Dimon and Societe Generale have defended the system and after Brian Moynihan defended his bank. The DJIA is still down 210 points, but we have…
The Treasury has just held a $24 billion 10-Year Treasury Note auction that seems almost baffling. The auction high rate was 2.14% and the Treasury received $77,38 billion in bids. Primary dealers were given…
From a high of more than $2/pound, cotton prices have tumbled to around $1/pound. The collapse is likely due to what analysts think will be a record cotton crop for this year. This could…
Just a day after closing its MP3 music download offering, Wal-Mart Stores Inc. (NYSE: WMT) has launched a streaming video service for the iPad from Apple Inc. (NASDAQ: AAPL). Walmart already offers streaming video…
If you know one thing about the meltdown that took place in 2008 and then again in 2009, you know that rumor mongering exacerbated the situation massively. To say whether or not Bear Stearns…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) has been a very heavily attacked stock by short sellers despite a very low share price. The short selling peaked in May before some of the short…
For the second week in a row, the number of US mortgage applications rose, but the vast majority of the action came in refinancing, not new purchases. This spells continuing pressure on new home…
Carbonite, Inc. has filed its eighth amendment to its S-1 filing to come public. It was just on August 1 that we had financial terms set at 5.4 million shares of common stock in…
High prices have finally contributed to curing high prices in the world’s crude oil market. The gloomy economic forecasts for the second half of 2011 have combined with $120/barrel prices for Brent crude to…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. AutoZone Inc. (NYSE: AZO) Raised to Buy at Citigroup. Cisco Systems, Inc. (NASDAQ:…
Groupon, Inc. has filed its second amendment to its initial public offering and the data contains some updates on the financials. The company will trade under the “GRPN” ticker. This remains one of our…
Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and credit of the United States, dismal GDP data, and ongoing weak employment data…
We have many shares moving in the after-hours session this Tuesday evening. Not all are earnings, but keep in mind that this was on the heels of a 400+ point rally in the DJIA. …
Covering gainers on a day when the DJIA rose more than 400 points after a 600 point drop the prior day can be a bit challenging because many moves are exaggerated. What is not…
If you pick through the FOMC statement made by Ben Bernanke and friends today, you will get a picture of just how bad things are in the economy. We transposed the entire statement and…
The markets were anticipating some additional accommodative commentary from the FOMC from its one-day meeting statement today. The market has pushed back any chances of a rate hike out to 2013 before he meeting…