U.S. equity markets opened mixed this morning with the Nasdaq Composite slightly higher, while the DJIA and the S&P 500 were lower. Earnings from several U.S. financial institutions were due today and…
Frank Golhen, via Wikimedia CommonsThe stock market is mixed Wednesday, with the Dow Jones Industrial Average down 0.25%, the Nasdaq up 0.16% and the S&P 500 up 0.09%. Today’s sole winner is…
Wikimedia CommonsGoldman Sachs Group Inc. (NYSE: GS) reported fourth-quarter and full-year 2012 results before markets opened this morning. The investment bank and financial services giant reported quarterly diluted earnings per share (EPS)…
Paul Ausick courtesy of Facebook Inc.The World Bank cuts its outlook for 2013. (Reuters) Facebook Inc. (NASDAQ: FB) releases a search feature to be used among members, and Wall St. is unimpressed, sending shares…
ThinkstockWith banks having been the best DJIA sector in 2012, the outlook versus the valuation has started to play a game of catch-up as we are getting deeper into earnings season this…
Jon OggCurrencyShares Japanese Yen Trust (NYSEMKT: FXY) and ProShares UltraShort Yen (NYSEMKT: YCS) have a lot to win or lose based upon the new devaluation/inflation strategy of Japan’s politicians and central bankers. Today on Bloomberg…
Jon C. Ogg Frank Golhen, via Wikimedia CommonsThis coming week is going to be the real opening of the floodgates when it comes to earnings season. 24/7 Wall St. has screened through dozens and dozens…
courtesy of NetflixThe Bank of Japan may ease its monetary policy again as the country’s economy slows. (Reuters) The CEO of Apple Inc. (NASDAQ: AAPL) makes his second visit to China in…
Wikimedia CommonsWhen reviewing the “Conviction” or “Focus” list group of Buy rated stocks at Wall Street firms you are typically getting a look at their “Cream of the crop”. It’s not unusual…
Just over one month ago we made the case that perhaps the best short since the heyday of the subprime mortgage debacle may be on the horizon. Our December 5 story identifying…
Interest rates are nearly zero and the Federal Reserve has pledged to keep them that way until unemployment reaches 6.5% and as long as inflation does not get to a level that…
Every Wall St. firm has a lengthy list of Buy-rated stocks. Analysts in the various sectors the firm covers are asked from time to time to present to the director of research…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research firms this Thursday. Alcatel-Lucent S.A. (NYSE: ALU) raised to Neutral from Sell at Credit Suisse.…
24/7 Wall St. has compiled an outlook from many sectors and for many indexes for 2013. Most strategists and economists are calling for upside. However, the fiscal cliff remains an issue in…
Thinkstock SeaWorld Entertainment Inc., which is wholly owned by The Blackstone Group L.P. (NYSE: BX), has filed for an initial public offering to raise $100 million. The number of shares on offer…
