By now, the term “PIIGS” is rather well-known due to debt woes and economic woes of Portugal, Ireland, Italy, Greece, and Spain. French banks have been considered as having above-average exposure to Greece. What…
If you have been a reader of 24/7 Wall St. for long, we have not exactly hid the fact that this “online coupon and daily deals” business is not very hard to compete against. …
YRC Worldwide Inc. (NASDAQ: YRCW) appears to have gotten yet one more lifeline, one which continues to dilute and dilute by the looks of it. This troubled trucking company has endured possible delisting fears,…
Fears of inflation and increased oversight into accounting practices are causing US investors to pull funds from China-focused ETFs, with a parallel interest in putting more funds into Brazilian equity ETFs. Oddly, the performance…
A contract for 110,000 board feet of lumber traded for as much as $320 in mid-March before plummeting below $220 in mid-June. Now lumber is rising again and it could be one of those…
nationsonline.orgIf you are surprised about the newest crash scenario boiling up outside of Greece, this is something we have been covering routinely. While the beastly pace is surprising, how big of a surprise is…
Machinery stocks rank very high as far as “cyclicality”…. If there is a sector that is dependent upon the broad economy and global growth it is the machinery sector. Machinery also includes many related…
Dunkin’ Brands Group, Inc. has set the financial terms for its initial public offering. According to a filing this morning, Dunkin’ aims to sell 22.25 million shares at a price range of $16.00 to…
Predictions that oversupply of solar PV modules will push down prices and margins in 2011 apparently have no impact on decisions to continue building additional manufacturing capacity. Wafer makers in Asia expect to nearly…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) is going back into the NASDAQ-100 Index. The satellite radio monopoly is replacing Cephalon Inc. (NASDAQ: CEPH), which is merging with Teva Pharmaceutical Industries Limited (NASDAQ: TEVA). …
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Altera Corporation (NASDAQ: ALTR) Raised to Outperform as Bull of the Day at…
Earnings season hits the ground running later today when Alcoa Inc. reports second quarter earnings. We have already posted a preview of other top earnings coming this week. Now we’re watching several ETFs and…
Jon Ogg24/7 Wall St. usually covers ten to fifteen analyst calls each morning that are having an impact on shares. After going through these research calls at the end of the week (and during…
The coming week will be the unofficial start of earnings season, with the major flow of corporate earnings reports seeing the floodgates opening the following week. We have already identified the 15 Companies That…
Jon OggThis was a strange day in the markets, not just because the non-farm payrolls and unemployment rate were far worse than expected. It is just not that often that you see research firms…
Copper prices have been on a steady upward march for about two weeks now, from around $4.06/pound to close at around $4.43/pound yesterday. China, the world’s top consumer of copper, gets credit for the…
Many research firms and brokerage firms maintain a list of best ideas for the year, and these often get updated quarterly or as companies reach a target or as they fall out of favor. …
Yesterday’s retail sales reports lit a fire under some of the retail stocks and a few ETFs that focus on the consumer discretionary sector. We looked at three ETFs in the consumer discretionary space…
Silver Spring Networks, Inc. has filed the paperwork for an initial public offering with the SEC. The company intends to raise up to a maximum of $150 million through issuance of common stock. Upon…
The most recent job creation data from ADP was a total head-fake. The Labor Department has just released its June unemployment and jobs data, and it is dismal. The June unemployment rate has just…