The three major US stock indexes opened lower this morning and stayed in losing territory all day as investors first figured out that the two-day Eurozone summit meeting would very likely end…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Anadarko Petroleum Corporation (NYSE: APC) Raised to Outperform at Bernstein. Apple Inc.…
Huntington Asset Advisors has announced the launch of an actively managed exchange-traded fund via Huntington Strategy Shares called the Huntington EcoLogical Strategy Shares ETF (HECO). This is the first of two ETFs the firm…
The three major US stock indexes opened slightly higher this morning following the data on new US unemployment benefits claims (more coverage here) and 10-year Spanish bond yields that topped 7% (more…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. We also have many changes to the Argus Model Portfolio. ABB Ltd.…
Members of the Chesapeake Energy (NYSE: CHK) board are close to picking a new chairman. (Reuters) Apple’s (NASDAQ: AAPL) lack of success blocking rivals in court and the slow introduction of the iPhone…
Sterne Agee’s Vijay Rakesh has advised that the significant semiconductor pullback from the end of April is a huge buying opportunity and he has reiterated his top picks. He also analyzed Taiwan’s May…
The three major US stock indexes opened lower this morning as investors wait for weekend data on Chinese trade and industrial production. The drop in US unemployment benefits claims didn’t spur much…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. American Eagle Outfitters (NYSE: AEO) named Bull of the Day at Zacks.…
Technology and consumer electronics often face what is called a refresh cycle. These generate large pops and catalysts for the makers, but ahead of a refresh cycle you generally see a slowdown…
Verizon Communications Inc. (NYSE: VZ) has announced a definitive merger agreement with Hughes Telematics Inc. (OTC: HUTC). The all-cash offer totals $612 million, or $12/share. Hughes closed at $4.35 last night, calculating…
The recent sell-off has been brutal to semiconductors and chip stocks of late. To make matters worse, investing in technology and semiconductors can be brutal during the summer months. Still, many investors…
Chip maker Nvidia Corp. (NASDAQ: NVDA) handily beat consensus estimates for first quarter revenues and EPS the company reported this morning. Revenue totaled $924.9 million compared with an estimate of $916.2 million…
The major US stock indexes opened mostly flat this morning following a softer-than-expected report from the Institute for Supply Management on non-manufacturing growth (our coverage here). The report on new unemployment benefits…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Align Technology, Inc. (NASDAQ: ALGN) named Bull of the Day at Zacks.…
