On April 26th, Gores Group LLC asked Pep Boys – Manny, Moe & Jack (NYSE: PBY) to delay a special shareholders meeting by 30 days in order to give the private equity…
Markets opened mixed this morning, with the DJIA showing much more strength than the S&P 500, which opened higher, or the Nasdaq, which opened lower. The S&P Case-Shiller house price index showed…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Allison Transmission Holdings, Inc. (NYSE: ALSN) Started as Neutral at Credit Suisse;…
24/7 Wall St. has partnered with The Chart Lab to bring regular reviews of the strongest and weakest stock charts in the S&P 500 Index. This weekend’s review is tracking the strongest stock…
24/7 Wall St. has partnered with The Chart Lab to feature the standout names in the S&P 500 over the last week. This weekend’s chart represents the strongest names in the S&P…
Stocks started the day nearly flat before turning down on a poor report on US durable goods orders (more coverage here) and a slide in the Case-Shiller home price index (more coverage…
Earnings season is mostly behind us, but we do have some sector-moving earnings next week. For Monday, the top earnings are from Charter Communications, Inc. (NASDAQ: CHTR), Dendreon Corporation (NASDAQ: DNDN), Lowe’s…
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…
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…
US equity markets opened sharply lower this morning and continued falling before levelling off at around 200 pts down on the DJIA. The downturn followed closer examination of the European Union’s agreement…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Altera Corporation (NASDAQ: ALTR) Raised to Outperform at BMO Capital Markets. AutoZone…
The month of December was the leading month for new car sales in the US in 2010. It was the second leading month in 2009, and the pattern could continue this year…
Equities opened a little weaker this morning, but by 10:00 a.m. markets had turned slightly positive and have remained in positive territory for the rest of the day. The gain has not…
