U.S. equity markets re-opened for business in New York this morning after a two-day shutdown forced by Hurricane Sandy. Markets opened higher, but lost their energy by mid-morning. Asian markets were higher…
U.S. stock markets were closed again today as New York City recovered from the damage brought on by Hurricane Sandy. In New York, both Nasdaq and the NYSE announced that the markets…
Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Tuesday morning. ABB Ltd. (NYSE: ABB) cut to Sell at Deutsche…
Jon OggNews that activist investor Bill Ackman’s Pershing Square is going after Procter & Gamble (NYSE: PG) has certainly rekindled interest in what was growing (or declining) into nothing more than just…
There is good news for defensive consumer products and high dividend investors: change is likely coming in some form at Procter & Gamble Co. (NYSE: PG). The market value as of yesterday…
The major US stock indexes opened lower this morning following dismal reports from Europe on manufacturing (our coverage here) and unemployment (more coverage here). The ADP report on US unemployment provided more…
We have noted that this week should be the climax of the companies reporting earnings which have a calendar or quarterly year-end in December. Still, some reports are still coming this week…
Commercial Metals Corp. (NYSE: CMC) announced this morning that its board of directors had unanimously rejected an unsolicited bid of $15/share ($1.73 billion total) from Carl Icahn and Icahn Enterprises LP (NYSE:…
Stock markets. Equity markets opened sharply higher this morning before falling into negative territory before the ISM and factory order reports were released. The ISM index came in lower than expected, but factory…
These are some of Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Annaly Capital Management, Inc. (NYSE: NLY) Raised to Outperform at Wells Fargo. Boston Scientific Corp. (NYSE:…
Today’s reported ratings actions as of just after noon include announcements regarding Clorox Co. (NYSE: CLX), Home Depot, Inc. (NYSE: HD), HCA Inc. (NYSE: HCA), Gannett Co. Inc. (NYSE: GCI), Archer Daniels…
Research In Motion Limited (NASDAQ: RIMM) has joined Palm in the quest to innovate and then to allow the market to rapidly pass it by. Apple Inc. (NASDAQ: AAPL) and Google Inc.…
In tough times, value investors look for stocks that they feel are valued in a manner which already discount much of the trouble and pitfalls ahead. Defensive stocks are often the winners…
Carl Icahn’s investment in Clorox (NYSE: CLX) has begun to look like one more in a long line of blunders. The share price of the company reached $74.55 when he offered to…
U.S. regulators may ask high-frequency trading firms to provide details of their trades. (Reuters) The Federal Reserve tells Goldman Sachs (NYSE: GS) it must review its foreclosure records. (Reuters) Experts cut expectations…
