ThinkstockThe effects of last week’s surprise devaluation of Venezuela’s currency are already hitting some U.S. firms. Colgate-Palmolive Co. (NYSE: CL) said this morning that it will take a $120 million one-time charge…
U.S. equity markets opened lower this morning following a mixed bag of data on the U.S. economy and mixed earnings results out this morning. In Europe, Germany’s retail sales fell sharply this…
U.S. equity markets opened mixed this morning following a depressing report on U.S. GDP growth, which turned out to be negative (more coverage here). Even a good jobs report from ADP couldn’t…
Frank Golhen, via Wikimedia CommonsEarnings season is in full swing and the coming week will have many big earnings announcements. 24/7 Wall St. has provided a brief calendar showing current and ex-DJIA…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Apple Inc. (NASDAQ: AAPL) cut to Hold at Jefferies, called an attractive…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. Adobe Systems Inc. (NASDAQ: ADBE) cut to Neutral a Janney. Bazaarvoice Inc.…
U.S. equity markets opened lower this morning on softness in Asian markets and another punt in the eurozone. In Asia, China is rumored to be ready to expand its property tax program,…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. Air Products & Chemicals Inc. (NYSE: APD) raised to Buy at Goldman Sachs.…
The three major U.S. stock indexes opened higher this morning following the report on new jobless claims, which rose by 369,000, less than the expected 375,000 (our coverage here). In Europe, GDP…
The three major U.S. stock indexes opened higher this morning following a better-than-expected PMI reading from China (more coverage here) that was mostly untempered by lower-than-expected PMI readings from Europe (more coverage…
The fiscal cliff has been described as a potential disaster for the finances of individuals and corporations alike. If Congress and the White House do not reach an agreement on the budget…
Douglas A. McIntyre Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St.research calls this Friday morning. Amgen Inc. (NASDAQ: AMGN) raised to Overweight at Piper Jaffray. Caterpillar Inc.…
The three major US stock indexes opened higher this morning following European Central Bank president Mario Draghi’s promise to “do whatever it takes to preserve the euro” (our coverage here). What he…
Kimberly-Clark Corp. (NYSE: KMB) managed to beat earnings expectations with $1.30 per share versus estimates of $1.28 per share. Revenues were only up 0.2% year-over-year to $5.27 billion. We had estimates at…
The three major US stock indexes opened mixed this morning with the Nasdaq Composite slightly negative on an unexpectedly weak earnings report from Apple Inc. (NASDAQ: AAPL) (more coverage here). A weak…
