The Commerce Department is delivering some awful news on the second quarter preliminary Gross Domestic Product in the U.S. GDP is coming in at a preliminary second quarter level of a mere 1.3%. Dow…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Alcatel-Lucent (NYSE: ALU) Cut to Sell at S&P Equity Research. Altria Group Inc.…
Yahoo! Inc. (NASDAQ: YHOO) has managed to save face on the Alibaba disaster. An announcement was made this morning that Alibaba Group, Yahoo!, and SoftBank have all reached an agreement where Alibaba Group will…
Teva Pharmaceutical Industries Limited (NASDAQ: TEVA) now has its earnings out of the way and analysts have had enough time to chime in with their opinions on whether or not the stock should be…
Earnings season is so far turning out to be a mixed bag and is so far being overshadowed by the elected officials in Washington D.C. threatening a gridlock that could ultimately result in a…
Publicly traded for-profit college stocks have been on a two-year roller coaster ride that looked like it was sorting itself out early in June. At that time, the US Department of Education ruled that…
If you have been a reader of 24/7 Wall St. for long, you know that we appreciate companies that pay dividends just about as much the investors who buy companies because of their great…
Senior gold miners Barrick Gold Corp. (NYSE: ABX) and Goldcorp Inc. (NYSE: GG) reported earnings this morning, and the reports varied by enough to cause some wonder, if not concern, about gold miners’ shares…
As the US staggers toward a conclusion to the seemingly endless debate over the debt ceiling, many investors might be thinking of parking some assets in a nice safe place. One place to look…
Weekly Jobless Claims from the U.S. Labor Department managed to break about a long streak of being back above 400,000. This week’s reading came in 398,000 versus a 425,000 estimate by Bloomberg. This morning’s…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Cisco Systems, Inc. (NASDAQ: CSCO) Raised to Buy at Goldman Sachs. Citrix Systems,…
Alcatel-Lucent (NYSE: ALU) is joining in the waves of selling seen in Cisco Systems Inc. (NASDAQ: CSCO) and even more recently in Juniper Networks, Inc. (NYSE: JNPR). Cisco has been bashed even during its…
The Bank of Ireland (NYSE: IRE) is likely going to go private. U.S.-based WL Ross, a private equity firm, and Canada’s Fairfax Financial Holdings are each taking a stake in the bank of 9%…
Avalon Rare Metals Inc. (AMEX: AVL) is getting hit pretty hard this morning after shares were hit hard last night. The emerging rare earth materials players filed to sell some 7 million shares of…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Bankrate Inc. (NYSE: RATE) Started as Buy at Citigroup; Started as buy at…
Most of the after-hours movers are on earnings reports this Tuesday evening. We have been tracking moves and added color on the after-market trading in shares of the following: Amazon.com, Inc. (NASDAQ: AMZN), Avalon…
Amazon.com Inc. (NASDAQ: AMZN) has another report that may be baffling for some investors. The online retailer of just about everything reported that income fell 8% to $191 million or $0.41 EPS and a…
There is a paradox when it comes to investing… All long-term portfolios need to have exposure to water investments, yet the reality is that investing in water is just not very simple when it…
George Soros is getting out of the hedge fund business. Oddly enough, the regulatory climate under Dodd-Frank and other new legislation are the major reasons cited more than his age. That seems odd considering…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA) Started as Neutral at Credit Suisse.…