The three major US stock indexes opened mixed this morning following a wealth of data on the Chinese economy. The short version is that the economy is slowing so much and inflation…
The three major US stock indexes opened lower this morning following on softness in European markets and a mixed close in the Asian markets. There has been little data for investors to…
Pep Boys – Manny, Moe & Jack (NYSE: PBY) has been a disaster since its private equity group buyout imploded. Or has it? When companies lose a buyer it is never a…
Pep Boys – Manny, Moe & Jack (NYSE: PBY) was supposed to be the next buyout. Apparently not and shares are getting crushed. The news is out confirming that Gores is ditching…
Stocks opened higher this morning following upbeat reports on unemployment claims and new housing starts. With a little more than a half hour left in today’s session, all three indexes have made…
Thursday is a fairly busy day for earnings expectations. We are expecting the following reports: Advance Auto Parts Inc. (NYSE: AAP); Apache Corporation (NYSE: APA); Applied Materials Inc. (NASDAQ: AMAT); Baidu Inc.…
Updated throughout the day on the 24/7 Wall St. Wire Apple (NASDAQ: AAPL) is at work on a small screen iPad with an 8 inch screen (WSJ) AT&T (NYSE: T) and Verizon…
All three major indexes opened lower again today on weak markets in both Europe and Asia. European markets continued to be weighed down by the lack of a firm agreement on the…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning. Advanced Auto Parts Inc. (NYSE: AAP) Raised to Buy…
ThinkstockAuto parts retailer The Pep Boys – Manny, Joe & Jack (NYSE: PBY) has agreed to be acquired by private equity firm The Gores Group for $1 billion cash, or $15/share. The…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. ADTRAN, Inc. (NASDAQ: ADTN) Cut to Hold at Needham…
The logic from technical traders is simple: “Stocks hitting new highs tend to keep hitting new highs.” Eventually that comes to an end, sometimes a painful end. Until that end arrives it…
Stocks opened lower this morning and stayed lower for nearly the entire first half of the day, with buyers most likely waiting to see what would happen with Italian bond rates. The…
These are some of Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Advance Auto Parts Inc. (NYSE: AAP) Cut to Hold at Argus. Agilent Technologies Inc. (NYSE:…
Markets opened higher today, and after some backsliding in the mid-morning, pulled ahead again by mid-afternoon. Crude oil closed up more than 2% at $97.78/barrel and gold was down by about -1.8%,…
