The coming week will be the unofficial start of earnings season, with the major flow of corporate earnings reports seeing the floodgates opening the following week. We have already identified the 15…
24/7 Wall St. has been conducting a search for value stocks for investors. Our review today is around the base metals and industrial metals segment, a very cyclical segment compared to other…
24/7 Wall St. is probably not alone in noticing that there were very few earnings warnings issued by the major companies that dictate market trends going into the end of June. That…
Aluminum prices climbed by more than 10% from January through April this year, to rise above $1.22/pound before losing all it had gained and returning to about $1.10/pound. At today’s price of…
The markets are currently shaky and investors are looking for cover. While many seek defensive stocks and while many seek high dividends to offer equity exposure with some safety, one area that…
Did you heed the call “Sell in May and Go Away!” this year? It turns out that as of mid-day we now have nearly half of the 30 Dow Jones Industrial Average…
Can any accounting out of China be trusted? This is what prudent investors have to start asking themselves. Since early this year a new report comes out nearly every week that reveals…
No industry was able to avoid short selling activity, particularly among its largest companies. Tech, automotive, conglomerates, consumer goods, and financial shares were all under pressure, and big firms took the brunt…
Jon OggMany Dow Jones Industrial Average stocks have just recently sold off more than 10% and many are almost at that key 10% sell-off mark. Historically investors have used 10% as the…
Microsoft (NASDAQ: MSFT) is close to a purchase of Skype for $7 billion (WSJ) Microsoft is close to an $8.5 billion deal to buy Skype (Reuters) PIMCO increased its short position in…
Glencore’s IPO will be for about $11 billion. (Reuters) The slide of the dollar has caused concerns about how it may hurt the stability of the credit markets. (Reuters) Portugal set a…
Today’s commodities news starts off with new highs for aluminum, and still falling silver prices, low numbers on corn plantings, and lowering of the outlook for cotton. As prices for some commodities…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. AAR Corporation (NYSE: AIR) Maintained Outperform as Bull of the Day at…
Cisco news was particularly negative as CEO John Chambers tries to take apart the segments of his company that perform poorly. Concerns about Toyota’s earnings remain high due to parts and production…
Japan raised the severity of its nuclear crisis to the same level as Chernobyl. (Reuters) Alcoa (NYSE: AA) beat earnings but missed sales.(Reuters) Nasdaq OMX (NASDAQ NDAQ) and Deutsche Boerse have approached NYSE Euronext’s (NYSE: NYX) largest…
