ThinkstockWe recently wrote that shorting the Treasury bond market may very well be the next biggest short-sale trade since the subprime mortgage short. While rates have dipped a little in the past week…
The three major U.S. stock indexes opened higher this morning on traders initial reaction to a sharp drop in the weekly report on new claims for unemployment (more coverage here). In Asia,…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Achillion Pharmaceuticals Inc. (NASDAQ: ACHN) raised to Buy from Underperform with $13 target…
If you just read the E*Trade Financial Corp. (NASDAQ: ETFC) release about firing CEO Steven Freiberg, you missed the biggest point. Freiberg’s tenure highlights were a drop of 50% in the share…
If you were just looking at Goldman Sachs Group Inc. (NYSE: GS) you might think that all was well on Wall St. after the bulge-bracket firm beat its earnings estimates. When you…
SNL Financial has released its list of largest banks by assets and deposits. The list is as you might expect with the large money center banks being ranked, but where some of the…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. Amazon.com, Inc. (NASDAQ: AMZN) removed from Conviction Buy List at Evercore. Bank…
Last week, Apple (NASDAQ: AAPL) announced that it sold 35.1 million iPhones worldwide in the latest quarter. The figure is large, but not extraordinary. Some consumer products and consumer electronics companies sell…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday. Apple Inc. (NASDAQ: AAPL) Cut to Neutral at BTIG. The Charles Schwab…
As recently as 2009, Netflix was the most beloved retailer on the Internet. By the end of 2011, following the failed separation of its streaming and DVD by mail service and sharp…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. Automatic Data Processing, Inc. (NYSE: ADP) Cut to Neutral…
Most financial firms are supposed to benefit from low interest rates because of the spread they can get by borrowing short-term and investing long-term. The problem is that rates went so low to…
Markets opened slightly lower in the US this morning, but picked up steam in the morning and continued to rise, if slowly, for the rest of the day. The tech sector showed…
US equities opened lower this morning, weighed down by an undistinguished earnings report from JPMorgan Chase & Co. (NYSE: JPM). More coverage here. Markets in Europe and Asia were higher on the…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday (the 13th) morning. American International Group, Inc. (NYSE: AIG) Started…
