Apple Inc. (NASDAQ: AAPL) is ‘all systems go’ again if its share price of late is any real indicator. All of the chart weakness is behind the company and with shares now having hit…
You just have to love the new round of stress tests in the European Union being conducted on banks. Maybe this headline of “Groundhog Day Meets Spanish Inquisition” seems full of pun, but that…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. AEGON N.V. (NYSE: AEG) maintained “Buy” but removed from Conviction Buy List at…
Citigroup, Inc. (NYSE: C) has just started the earnings season for the banks “for the rest of America” today. Vikram Pandit just turned in earnings at $1.09 EPS (up from $0.90 a year ago)…
The largest mining company in the world just got a little bigger. Australia’s BHP Billiton Ltd. (NYSE: BHP) has agreed to acquire Petrohawk Energy Corp. (NYSE: HK) for $12.1 billion, a premium of more…
Investors love when iconic brands come public in an initial public offering. Norwegian Cruise Line Holdings Ltd. has now filed for an IPO in the United States. Financial terms are not disclosed other than…
Wikimedia Commons (Adina Firestone)13D filings are often full of surprises, and this morning is no exception. Carl Icahn has an amended filing this morning regarding his 9.4% stake in Clorox Corporation (NYSE: CLX). Icahn…
Chinese solar PV makers are taking a few more lumps today as investors continue to shy away from a sector that has been damaged by low demand forecasts and accounting issues at several of…
Netflix, Inc. (NASDAQ: NFLX) might be able to blame the market, or it might be able to blame a sentiment shift after its recently announced price shift. Since Netflix has announced earlier this week…
When J.P. Morgan Chase & Co. (NYSE: JPM) beat earnings and gave a solid report on capital ratios, loan loss reserves, credit metrics, and even on its top-line revenues. This seems to be damaging…
China’s Ministry of Commerce has released a statement saying that the government has raised export quotas for rare earth elements to over 30,000 metric tons for 2011, virtually identical with shipments of the minerals…
ITT Corporation (NYSE: ITT) is now forecasting more clearly what its special situation break-up will look like. This was recently featured by 24/7 Wall St. as one of our picks in “value in machinery…
Google Inc. (NASDAQ: GOOG) is set to report earnings after the close of trading today. Analysts are estimating earnings of $7.86 EPS and $6.55 billion in revenues for the June quarter; those estimates are…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Adtran Inc. (NASDAQ: ADTN) Reiterated Buy with $49 target at Argus. BioMed Realty…
Looks like the whispers we were hearing yesterday about a split-up of some sort at oil major ConocoPhillips Corp. (NYSE: COP) were true. The company has announced this morning that it will spin-off its…
Disappointing earnings and poor guidance from the likes of Microchip Technology Inc. (NASDAQ: MCHP) and Novellus Systems, Inc. (NASDAQ: NVLS) this week have cast a very dark shadow on semiconductor companies going into earnings…
J.P. Morgan Chase & Co. (NYSE: JPM) is the first of the banks to report earnings and the results are ahead of estimates. America’s top bank reported $1.27 EPS on $27.4 billion in revenues. …
American Apparel, Inc. (AMEX: APP) was recently called out by 24/7 Wall St. as a brand which may disappear in 2012 in a large brand “deathwatch” piece in recent days. Our concern is not…
As if you didn’t know that Greece and other nations classified as PIIGS were in trouble, and as if you did not know that ratings agencies are busy slashing ratings almost daily or weekly…
In its July Market Report, OPEC predicts that demand for crude oil will rise by 1.32 million barrels/day in 2012. The International Energy Agency is predicting an increase of 1.5 million barrels/day. Either way,…