The three major US stock indexes opened lower this morning following some lackluster data on the US economy. The Empire State manufacturing data improved, but retail sales posted an unexpected decline (our…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Advanced Micro Devices. Inc. (NYSE: AMD) Maintained Neutral and cut target to…
The three major US stock indexes opened lower this morning following report from China that it has cut inflation to an annualized rate of 2.2% in June (our coverage here). Lower inflation,…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. AK Steel Holdings Corporation (NYSE: AKS) named Bear of the Day at…
Moody’s recent downgrade of 15 of the world’s largest banks, along with JP Morgan Chase & Co.’s (NYSE: JPM) multibillion trading loss, make it clear that certain big banks are just not…
The calls for Procter & Gamble Co. (NYSE: PG) to unlock shareholder value are growing. This is a classic defensive stock with a big dividend, but if you eliminate the great recession…
This week will be the start of earnings season as we get to start reviewing some key earnings for first quarter of 2012. The banking sector is going to be of particular…
The next wave of stress tests on the U.S banks is due to come out by the end of this week. The Federal Reserve is expected to show that bank balance sheets…
The next wave of stress tests on the U.S banks is due in the coming week. While many of the banks have reportedly been asking regulators to be less transparent, there are some…
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…
There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include Euro Tech Holdings Co. Ltd. (NASDAQ: CLWT), Net 1…
Bank of New York Mellon (NYSE: BK) is in a different boat than State Street Corporation (NYSE: STT) after earnings this morning. Bank of New York missed on the top and bottom…
We have already seen the first wave of bank earnings, but the rest of the week is full of bank and financial earnings. In fact, the real bank earnings season is all…
J.P. Morgan Chase & Co. (NYSE: JPM) is about to report earnings Friday morning as the first bank and second DJIA component kicking off earnings season. We wanted to make a preview…
Standard & Poor’s is at it again… more downgrades and this time in the ailing banking sector. While we focused solely on the U.S.-based banks here, the downgrade was handed aimed at…
