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.…
Adobe Systems Incorporated (NASDAQ: ADBE) made what might seem like a startling announcement on Thursday evening with a new share buyback plan of up to $2 billion. With a market cap of…
International think-tank Ethisphere Institute has just announce the 143 global companies that made the Institute’s 2012 list of Most Ethical Companies. Of the total, 102 are US-based companies, and 23 of the…
Apple Inc. (NASDAQ: AAPL) has finally listened to the call from Wall Street and Main Street to start using its cash for dividends. With a yield of about 1.8% a the launch, Apple…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Adobe Systems Inc. (NASDAQ: ADBE) Raised to Sector Perform at RBC. Airgas…
Adobe Systems Inc. (NASDAQ: ADBE) has reported earnings which met expectations on the surface. The non-GAAP report was $0.57 in earnings per share on sales of $1.05 billion. Thomson Reuters had estimates of…
Jon C. Ogg Markets opened slightly lower this morning as everyone seemed to be waiting for the announcement from Apple Inc. (NASDAQ: AAPL) regarding its $97 billion cash pile (our coverage here). Financial sector stocks…
Adobe Systems Inc. (NASDAQ: ADBE) is set to report earnings on Monday and Wall Street and Silicon Valley will be watching closely. Shares are within about 5% of their recent highs, but…
Jon C. Ogg Blackstone (NYSE: BX) will complete the capital raise for its $16 billion fund. (Reuters) The EU agrees to an embargo on Iranian oil. (Reuters) Citing defense cuts, Boeing (NYSE: BA) closes it…
Friday is turning out to be a big day with many stocks on the move for an options expiration date. Some of the big shares with news and on the move are…
Equity markets started the day down and stayed there all day. Traders were mirroring the action on European and Asian markets, which all settled down before the US markets opened this morning.…
By 2013, sales of new smartphones using the HTML5 standard in the phone’s browser will total 1 billion, up from 336 million this year. The recent decision by Adobe Inc. (NASDAQ: ADBE)…
NYT: G.M. Profit Falls on Rising Costs http://nyti.ms/s8Io25 Reuters: Macy’s posts higher net, raises full-year outlook http://reut.rs/szLlTP Zerohedge: Worldwide Markets Collapse Following Italian Bond Margin Hike http://tinyurl.com/bouy2o4 BBC: Adobe job cuts cloud…
Greek and Italian prime ministers resign.The sovereign debt crisis in Europe became more confused as an unprecedented event occurred. The heads of two major national governments resigned within days of one another…
