People who wanted to log on to Chase.com to check personal or corporate accounts found the site could not be reached, or ran very slowly yesterday. According to media reports, customers had…
The math is very crude. The Wall Street Journal reports that Bank of America Corp. (NYSE: BAC), still desperate to turn itself around, will fire 16,000 people this year. Compare that to the…
Douglas A. McIntyre Nike Inc. (NYSE: NKE) will buy back $8 billion in shares. (Reuters) More than 5 million Facebook Inc. (NASDAQ: FB) members are children who have been banned from the social network. (Reuters)…
Bank of America Corp. (NYSE: BAC) is issuing coverage updates on the U.S. regional banking sector, with price target upgrades as it is “mining the melt-up” seen in the rise in bank…
Banks are back in favor. The most recently announced round of quantitative easing via mortgage-backed securities purchases from the Federal Reserve follows a ratings action earlier this year in which Moody’s downgraded 15…
Key research changes have been made in the last few days over at Bank of America/Merrill Lynch’s research coverage. The firm published its 2013 target for an S&P 500 Index target of…
The markets are trying to hold on to some footing after big post-QE3 gains from last week. Today we are analyzing the SPDR S&P 500 (NYSEMKT: SPY) as it is the most…
Market research firm BIA/Kelsey predicts that demand from U.S. consumers for online deals will boost the market to $3.6 billion by the end of this year. If so, the online deal market…
Bank of America Merrill Lynch is getting more bullish for its 2013 S&P 500 market outlook. The new target is 1,600. The problem is that the macroeconomic call is saying that stocks…
In the age of health care reform, today’s news will sound ridiculous to just about any investor. The Dow Jones Industrial Average (NYSEMKT: DIA) is making a crazy change among its 30…
The three major U.S. stock indexes opened flat this morning as world markets didn’t want to jump the gun on today’s announcement from the FOMC. The report on new claims for unemployment…
The eurozone bailout approval and the coming announcement (or continued hint) of additional quantitative easing from the FOMC is not adding to the banks at the current time. We saw a “Sell the…
The short interest in the actively traded cult stocks and low-priced shares seems to always contain some big surprises. That is again the case as of the August 31 settlement date. We…
We tracked the short interest in the following NYSE most actively traded stocks: Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE: BAC), Advanced Micro Devices Inc. (NYSE: AMD), American International Group…
You might not exactly be seeing a total “sell the news” reaction to Germany’s constitutional court rejection of a challenge to block a permanent eurozone rescue fund. This is great news for Angela Merkel…
