These are the top ten analyst upgrades and downgrades we have seen from Wall Street firms early this Monday morning: Allergan (AGN) Raised to Outperform at Baird. Burger King (BKC) Cut to…
These are some of the top analyst downgrades or cautious calls we have seen early this Tuesday morning: American Commercial Lines (ACLI) Cut to Market Perform at Morgan Keegan. AMR Corp. (AMR)…
Micro-blogging platform Twitter has 32 million users, which is an increase from about 2 million a year ago, according to research mentioned in The Wall Street Journal. Some Internet measurement services show…
Reuters:Â Â Chrysler is already seeing positive effects from bankruptcy. Reuters:Â Â The US is working with GM (GM) on a Chapter 11 filing as the June1 deadline looms. Reuters:Â Â Pimco’s Gross says US…
Gap Inc. (NYSE: GPS) may be seeing some cheer despite another round of lower earnings and revenues. The clothing and apparel retailer posted earnings of $0.31 EPS, or $215 million. This is…
Douglas A. McIntyre These are some of the top pre-market analyst comments and analyst upgrades from Wall Street early this Tuesday morning: Cardinal Health (CAH) Started as Buy at Jefferies. Central Garden (CENT) Raised to…
Twelve of the Fortune 500 CEOs are women. Just twelve. Over the next year, that number is likely to go up considerably because of a confluence of economic and financial factors that…
A taxpayer gets a refund check under the new stimulus program and then spends most of the money. That trend may help retail sales for the current quarter, but it will not…
According to Reuters, some members of Congress were unhappy with Defense budget cuts. Reuters reports that Americans are more optimistic about the economy since Obama came into office, according to a New…
The land of analyst upgrades and positive research calls from Wall Street looks pretty thin early this Monday morning: Church & Dwight (CHD) Raised to Outperform at Oppenheimer. Gap Inc. (GPS) Raised…
This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows we have recently seen. Today, let’s discuss the retail sector.  We…
AlixPartners, a turnaround firm, said at the beginning of the year that 10% to 26% of retailers were in financial distress and were in danger of filing for Chapter 11. It is…
According to Reuters, Obama is prepared to put up to $750 billion into banks. Reuters reports that the government and Citigroup (C) has worked out an equity conversion deal that will give…
Sales at Gap (GPS) on a same-store basis were off 23% in January, which is breathtaking and sad. Revenue for the chain moved down from $935 million in the month last year…
Douglas A. McIntyre Several estimates from retail analysts predict the tens of thousands of retail outlets will close this year. Some put the number as high as 70,000 in the first half of 2009. Wall…
