The three major U.S. stock indexes opened lower this morning following weak economic data from Germany (more coverage here). The weekend meetings between Chancellor Angela Merkel and French President Francois Hollande highlighted…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. AK Steel Holding Corp. (NYSE: AKS) cut to Sell at Citigroup. Atmel…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. Accenture PLC (NYSE: ACN) reiterated Buy with $74 target at Argus. AK…
We noted earlier this morning that China’s National Development and Reform Commission has approved a plan to spend RMB1 trillion (about $158 billion) on infrastructure projects in an effort to boost growth…
The three major U.S. stock indexes opened lower this morning and bounced around the flat line for most of the day. It seems that everyone is waiting to hear what Ben Bernanke…
Steelmaker Schnitzer Steel Industries Inc. (NASDAQ: SCHN) announced this morning that it would fire 300 workers in a restructuring the company said will save $25 million annually. The restructuring is expected to…
Jon OggThese are the top analyst calls of upgrades, downgrades, and initiations we have seen from Wall St. research calls this Tuesday morning. AK Steel Holding Corp. (NYSE: AKS) cut to Sell…
United States Steel Corp. (NYSE: X) is surging after its earnings report. While earnings were half of what they were a year ago, the report was “less bad” than analysts expected. The…
The three major US stock indexes opened roughly flat this morning as Spanish 10-year bond yields rose to 7.5% and Moody’s cut Germany’s outlook to ‘negative’ after the markets closed last night…
The three major US stock indexes opened lower this morning as Spanish 10-year bond yields rose sharply above 7% (our coverage here) and German magazine Der Spiegel published a story that suggested…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. AK Steel Holdings Corporation (NYSE: AKS) named Bear of the Day at…
The three major US stock indexes opened higher this morning as markets ignored a steep rise in short-term Spanish debt and focused instead on some encouraging news on new housing construction permits…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. AK Steel Holding Corporation (NYSE: AKS) Cut to Neutral at UBS. Celestica…
Global demand for steel remains weak even as prices for iron ore rise slightly indicating that steelmakers could be in for another tough quarter. As if on cue, AK Steel Holding Corp.…
The three major US stock indexes opened higher this morning as investors reacted positively to the $125 billion bailout of Spain’s banks (more coverage here). Once investors understood that this was yet…
