ThinkstockCredit Suisse (NYSE: CS) downgraded its rating on Bank of America Corp. (NYSE: BAC) due to valuation after such a monumental rise. After all, the bank was the top-performing DJIA stock of…
courtesy J.C. Penney Co. Inc.Why are some companies hated? The answer often depends on who is asking. Corporations can anger their customers, fail their shareholders, and mistreat their employees. 24/7 Wall St.…
ThinkstockThe Office of the Comptroller of the Currency and the Federal Reserve announced this morning that the agencies have reached an agreement with 10 banks to settle enforcement actions related to “deficient…
ThinkstockA shrinking global economy took a heavy toll on producers of nonprecious metals in 2012. Prices for base and industrial metals like copper, iron ore, and aluminum fell sharply as demand nearly…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research firms this Friday. Bank of New York Mellon Corp. (NYSE: BK) cut to Neutral at…
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.…
thinkstockLast night’s passage of a deal on the fiscal cliff in the U.S. House of Representatives has lit a fire under stock futures this morning. The DJIA is up more than 160…
As each new year arrives, 24/7 Wall St. looks at each of the 30 Dow Jones Industrial Average components and assigns a forward value for the Dow based on a mixed methodology.…
ThinkstockThe oil and gas industry increased its mergers and acquisitions deals in 2012 by 38% over 2011, according to Dealogic. M&A activity totaled $348 billion in 2012, the industry’s highest total since…
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…
courtesy of AOL, IncResearch In Motion Ltd. (NASDAQ: RIMM) and Nokia Corp. (NYSE: NOK) settle disputes over wireless technology. (Reuters) Apple Inc. (NASDAQ: AAPL) continues to press for a ban on the…
Thinkstock2012 has been a mixed year for the base metals. 24/7 Wall St. is looking into 2013 to see what the new year may bring for the sector. The long and short…
ThinkstockJ.P. Morgan Chase & Co. (NYSE: JPM) has issued a research call that calls for some very large upside in the hospital sector. We would note that most of these stocks have…
ThinkstockLess than five years ago, economic Armageddon appeared at the door. Lehman Brothers failed. Merrill Lynch was sold to Bank of America Corp. (NYSE: BAC) and J.P. Morgan Chase & Co. (NYSE:…
Wikimedia CommonsGoogle Inc.’s (NASDAQ: GOOG) email product — Gmail — crashed for users across part of the world. That apparently caused the crash of a number of Google Chrome browsers as well.…
