When Kraft Foods Inc. (NYSE: KFT) announced its deal to acquire Britain’s Cadbury in May 2010, investor Warren Buffett proclaimed it a “dumb” deal and promptly cut his holdings in Kraft stock by more…
Jobless Claims from the Labor Department are still too high. The jobless claims figure was down 1,000 to 400,000 on the nose. The prior week’s preliminary 398,000 was revised to 401,000, making that streak…
General Motors Company (NYSE: GM) is back. That is what the stream of headlines would indicate this morning after the company blew past earnings expectations with a big win. The auto-maker’s earnings almost doubled…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Allergan Inc. (NYSE: AGN) Cut to Neutral at Piper Jaffray. DaVita, Inc. (NYSE:…
Dendreon Corporation (NASDAQ: DNDN) was supposed to be the Holy Grail when it comes to investing in a treatment for prostate cancer. The limited life-extension versus a high cost for the treatment is apparently…
We are seeing a floodgate of after-hours movers since the 4:00 PM EST closing bell today. Almost all are on earnings and this is setting up a huge round of movers for Thursday. The…
The solar sector is getting off to a bad start for earnings season as the economy softens and as the market keeps hurting investors. We have two key solar issues coming out with earnings…
The media keeps pointing to a double-dip recession. It is such a commonly used term that no one even cares that this is technically just the starting point of the next recession. Terms do…
Vonage Holdings Corporation (NYSE: VG) is now a consistently profitable company. Concerns remain, but the focus so far seems to be more on the positive side of the equation. The VoIP telephony outfit has…
ADP is out with its monthly jobs report and this can still move the market. The problem is that the data can be opposite of the truth or just off the mark. Last month’s…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Allscripts Healthcare Solutions, Inc. (NASDAQ: MDRX) Raised to Buy at Auriga. AMR Corporation…
Garmin Ltd. (NASDAQ: GRMN) has reported earnings and the numbers are going to be a disappointment to many hanger-on bulls who still want to see a return of growth. The GPS and personal navigation…
The new gold rush is the same as the ultimate flight to quality… Rather than chasing dollars and getting great income of the United States bond market, gold continues to move toward being a…
You have now seen that the Senate followed the House in the vote to raise the debt ceiling. The credit ratings agencies are still lingering out there over how to rate the creditworthiness of…
More woes are coming out of China regarding Chinese companies… AgFeed Industries, Inc. (NASDAQ: FEED), an animal nutrition and commercial hog producer in China, has given a preliminary report on its earnings and shares…
Pre-paid wireless provider MetroPCS Communications, Inc. (NYSE: PCS) reported earnings and revenues this morning that did not live up to expectations, pushing the shares down -28% in the first half-hour of trading. Analysts expected…
This week marks the release of the waves of same-store sales for the month of July and at least one research outfit is calling for strength to remain high enough that the U.S. will…
Merck & Co. Inc. (NYSE: MRK) released second-quarter results last Friday and Pfizer Inc. (NYSE: PFE) reported this morning. The results of both drug behemoths are largely in line with analysts estimates and with…
The government of China has just authorized what amounts to a feed-in tariff on the country’s grid operators, who will have to pay $0.16- $0.18/kWh to solar PV developers which supply power to the…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) is surging this morning on what many might consider a mixed earnings report. The solid part of the report was a new record of $0.03 EPS versus…