The U.S. Supreme Court will hear arguments about the Obama health care law. (Reuters) Angela Merkel says Europe may face its greatest crisis since World War II. (Reuters) Italy’s Monti will discuss…
Big retailer earnings due this week. Earnings from Dell (NASDAQ: DELL), Target (NYSE: TGT) and Walmart (NYSE: WMT) are due this week. The numbers from Target and Walmart, particularly their guidance for the current quarter,…
Target (NYSE: TGT) announced in late 2009 that it would no longer use Amazon.com’s (NASDAQ: AMZN) tech platform to run Target.com. The country’s second largest retailer wanted to completely control its online…
Italy and Greece begin efforts to prove that their sovereign debt is safe. (Reuters) Groupon (NASDAQ: GRPN) will make a major holiday effort to drive extra revenue. (Reuters) Appetite for Olympus shares…
Each morning 24/7 Wall St. issues a summary list of key analyst upgrades, downgrades, and initiations issued by Wall Street research firms. We review these calls and other calls made throughout the…
The markets got off to a strong start this morning, and stayed that way throughout the day. The dollar weakened against the euro and yen as currency traders seem to believe that…
These are some of Friday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Amazon.com Inc. (NASDAQ: AMZN) Started as Neutral at Nomura. Applied Materials Inc. (NASDAQ: AMAT) Started…
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%,…
The retail jamboree known as Black Friday seems to start earlier every year. The door-buster sales used to begin in the wee hours of Friday morning, but several retailers have already announced…
These are some of Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Advance Auto Parts. Inc. (NYSE: AAP) cut to Neutral at Credit Suisse. Amazon.com Inc. (NASDAQ:…
Italian bonds yields drop. The Italian two-year note yield slid 53 basis points, after jumping 82 basis points yesterday. The level, a recent low, probably will not hold. Yields were well above 7% yesterday.The…
Many forecasts expect consumer holiday spending to rise this year. An equally impressive set of data forecasts that it will not. The difference in the two points of view shows how challenging it…
Sovereign debt crisis update. Some analysts claim the sovereign debt crisis in the eurozone has worsened in the past day. Others say it has gotten better. Each group is only guessing. Greece received the…
Best Buy Co. (NYSE: BBY) is facing yet one more tough reception of a company action after news that the electronics manufacturer is buying out its British partner of its U.S. mobile…
Barnes & Noble (NYSE: BKS) released its new Nook tablet e-reader. The company’s shares move higher by barely 1%. Wall St. must believe, as most analysts do, that the Nook will continue to be…
