These are some of this Thursday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Canadian Imperial Bank of Commerce (NYSE: CM) Raised to Equal-Weight at Morgan Stanley. Cooper Tire &…
The speculation of what will become of Howard Stern’s contract with SIRIUS XM Radio Inc. (NASDAQ: SIRI) is heating up. This stock may have had a stellar rise over the last year off the…
How much are US air travelers willing to put up with from the airlines? The short answer is probably, “A lot,” because, after all, we don’t have a lot of choices. Business travelers are…
Intel Corporation (NASDAQ: INTC) seems to be losing some of its edge when it comes to its share of the global semiconductor business. Gartner Group gave a forecast of total company revenues as a…
In 2010, China is expected to import about 130 million metric tons of coal, and that number could grow to 162 million metric tons in 2011. The country is trying to reduce its dependence…
The world’s largest steelmaker is giving up on stainless steel. ArcelorMittal (NYSE: MT) has announced that it plans to go through with a plan it began discussing during the summer that would spin-off the…
QE2 has so far had no impact on keeping Treasury bond yields lower. Lower taxes, higher deficits, European bailouts, and a still-present race by nations devaluing currencies are all to blame. The rise seen…
Rydex has announced that it is launching six new exchange traded funds. These ETFs are equal-weight ETFs around the Russell indexes and around emerging markets. Rydex will now have 16 equal-weight ETFs and its…
We have another IPO from China today that may look like a NASDAQ IPO but it is a New York Stock Exchange IPO. E-commerce China Dangdang Inc. (NYSE: DANG) priced at a premium for…
Youku.com Inc. (NYSE: YOKU) is set to debut in an IPO today. This initial public offering is set at 15,847,700 American Depositary Shares at $12.80 per share. For those who do not know this…
Irish shares are ripping higher again this morning after big gains in Tuesday. This morning there are comments from Irish Finance Minister Brian Lenihan denying any default possibilities. Lenihan was noted as saying that…
These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Altera Corp. (NASDAQ: ALTR) Started as Neutral at Janney. Arch Coal Inc. (NYSE: ACI) Cut to…
Fortune Brands Inc. (NYSE: FO) is too small to be a conglomerate. It is, however, a small mix of unrelated businesses that have few synergies. It is almost a mini-me ‘General Eclectic.’ Not for…
Who said borrowing is dead? We have now seen two consecutive months of rising credit in America. While September consumer credit was revised to a gain of $1.2 billion rather than a gain of…
Apple Inc. (NASDAQ: AAPL) and gold have both been major gainers this year. That makes it hard to ignore the notion that the gold trade may have become almost the same as the Apple…
Taiwan’s Digitimes is reporting that Foxconn’s plants in Shenzen, China, are preparing to ship the iPad 2 for Apple Inc. (NASDAQ: AAPL) “within the next 100 days with initial shipments to reach 400,000-600,000 units.”…
General Electric Co. (NYSE: GE) is often hard to evaluate but if any unit will rule the roost, that is arguably GE Capital. This continued improvement was part of our thesis when we named…
It appears that the talk about China’s Bright Food Group Co. wanting to buy US nutritional retailer GNC Holdings Inc. is about to prove true. The Wall Street Journal is citing “people familiar with…
It’s probably an overstatement to say that we have now gotten our first look at the long-awaited Nexus S smartphone from Google Inc. (NASDAQ: GOOG). The new phone, introduced a mobile device conference in…
LED lighting maker Cree, Inc. (NASDAQ: CREE) set a 52-week high in April 2010 at over $83/share. The stock hadn’t hit that mark for more than 10 years. Then some of the glow dimmed…