Layoffs have surged recently. There is no telling why they happened all at about the same time. Drug giant Novartis (NYSE: NVS) said it will cut nearly 2,000 jobs. Food Lion will shut…
TPG may invest $1 billion in troubled Olympus. (Reuters) President Obama to ask for a $1.2 trillion increase in the national debt ceiling. (Reuters) China’s foreign currency reserves drop to $3.18 trillion,…
J.P. Morgan Chase & Co. (NYSE: JPM) is about to report earnings Friday morning as the first bank and second DJIA component kicking off earnings season. We wanted to make a preview…
Foreclosures fell for the first time in four years, according to research firm Realtytrac. The firm said “Foreclosure filings were reported on 205,024 U.S. properties in December, a decrease of 9 percent from…
The trade in 2011 was to go out and turn utility stocks into the new investment for retirees seeking income. They couldn’t exactly get any big yield in certificates of deposit, and…
Dell (NASDAQ: DELL) to launch its first tablet PC late this year. (Reuters) NYSE Euronext (NYSE: NYX) and Deutsche Boerse will try to save their merger with a case for EC regulators. (Reuters)…
The S&P 500 put up a five-month intra-day high of 1,294.45 shortly before noon ET today. The index got a boost this morning from Alcoa Inc. (NYSE: AA) which rose about 3.5%…
Has J.P. Morgan Chase & Co. (NYSE: JPM) managed to help further turn banks around in 2012? The sector which had no friends in 2011 is now actually the top bill in…
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Tuesday morning. Apollo Group Inc. (NASDAQ: APOL) Reiterated Buy and raised price…
Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple (NASDAQ: AAPL) is likely to pass Exxon Mobil…
CES – The Consumer Electronics Show is awash with new gadgets. Most will never see the light of day. Many will trigger tens of millions of dollars in manufacturing and marketing costs…
Olympus sues its CEO and former board members for $50 million in compensation, and shares rise. (Reuters) China’s trade growth hits a two-year low in December. (Reuters) Philips warns of Q4 weakness…
CIT Group Inc. (NYSE: CIT) is almost hard to fathom as a takeover stock, regardless of a report that SunTrust Robinson Humphrey thinks it would be a good takeover target for Wells…
It seems that most investors have started adding income or dividend reinvestment plans to their portfolios by using dividend stocks. With the yields of the 10-Year Treasury close to 2% and the…
Bank of America Corporation (NYSE: BAC) was recently named as one of the Top DJIA Stocks With Upside for 2012. The problem is that the target price from the consensus analyst reading…
