US stocks opened higher this morning following an in-line report from ADP on US employment gains. There was little economic news out today, but we can anticipate tomorrow’s report on new jobless…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Apple, Inc. (NASDAQ: AAPL) named Bull of the Day and raised to Outperform…
Procter & Gamble (NYSE: PG) will cut as many as 5,700 jobs, despite the fact that Wall St. is impressed by the company’s success. Its shares trade at a two-year high, up 25% over…
Douglas A. McIntyre Steve Wynn pushes major shareholder Kazuo Okada off the board of Wynn Macau. (Reuters) AIG (NYSE: AIG) makes a large profit on portfolio gains. (Reuters) Apple’s (NASDAQ: AAPL) legal fight with Proview International…
Moody’s may cut Morgan Stanley (NYSE: MS) and UBS (NYSE: UBS) as the global euro crisis spreads. (Reuters) Officials in Japan arrest former Olympus executives. (Reuters) Congress reaches a deal on payroll tax…
Cereal maker Kellogg Co. (NYSE: K) has offered $2.7 billion for the Pringles business of Proctor & Gamble Co. (NYSE: PG). The offer follows hard on the heels of the withdrawal of…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 31, 2011. We have included some accompanying notes on each and…
Diamond Foods, Inc. (NASDAQ: DMND) is now an at-risk company. The fears about the audit committee’s findings are as bad or worse than what the skeptics were expecting, and the news just…
Jon C. Ogg Diamond Foods, Inc. (NASDAQ: DMND) is a story that just goes from negative to bad to worse to just plain awful. The maker of nuts and almond products has reported that it…
Jon C. Ogg AT&T Inc. (NYSE: T) is planning to issue a benchmark offering of 3-, 5-, and 10-year notes as coupons on corporate bonds are approaching the record low of 3.45% set last August.…
Just because certain products have a low price tag does not mean they cannot sell for billions of dollars. In fact, some of the cheapest products make the most money for their…
All three major US indexes opened lower this morning following the report that US GDP grew by 2.8% in the fourth quarter. A rise of 3% was expected. Combined with the lack…
Procter & Gamble (NYSE: PG) has reported earnings for its second quarter and the consumer products giant has turned in earnings of $0.57 EPS but the normalized earnings was $1.10 EPS on…
Equity markets opened slightly higher this morning but trailed off to negative territory in the late morning. By late afternoon, the NASDAQ composite and the S&P 500 were flirting with a positive…
This coming week is going to be yet another action packed week of big corporate earnings which will move markets or will move their sectors. 24/7 Wall St. has identified each of…
