We have a whole host of stocks and sectors to watch throughout this coming week. We have Goodyear Tire & Rubber Co. (NYSE: GT) and Cooper Tire & Rubber Co. (NYSE: CTB)…
We have a little flurry of key earnings coming this week. We have provided detailed earnings estimates with Thomson Reuters consensus figures, with our own color for the recent performance, the charts,…
These are this Friday morning’s top analyst downgrades and cautious research calls from Wall Street: American International Group (NYSE: AIG) Cut to Underperform at Wells Fargo. Allstate (NYSE:ALL) Cut to Sell at…
Reuters: Bernanke will be reappointed as Fed chief. Reuters: New deficit projects could hurt Obama’s plans. Reuters: The SEC and Bank of America (BAC) asked a judge again to approve a deal…
Reuters: The Congressional Oversight Panel said the Treasury should do more to get toxic assets off bank balance sheets. Reuters: A federal judge still refuses to sign off on an SEC deal…
These are the top pre-market upgrades and downgrades seen early this Monday morning ahead of the earnings season rush: Best Buy (BBY) Raised to Outperform at Oppenheimer. Capella Education (CPLA) Cut to…
Reuters: The promise of mobile TV is being destroyed by smartphone use of software applications. Reuters: More attacks on websites in the West are expected and North Korea is suspected. Reuters: China…
Best Buy (BBY) has decided that people want “green” products, or it has decided that it looks good to sell them. It may take awhile to find out if the move is…
Douglas A. McIntyre Reuters: Small banks are worried that new regulations will hurt their earnings. Reuters: A judge approved the sale of GM assets. Reuters: Rio Tinto (RTP) sold its food packaging assets for $1.2…
Reuters: Political battles are likely to make this a tough year for the Fed. Reuters: The head of Toyota (TM) warned of two more tough years. Reuters: Lawmakers accused Fed of a…
Reuters: The US faces a long period of economic stagnation. Reuters: Obama will release plans for a financial market overhaul. Reuters: The White House will not help California fix its deficit. Reuters: …
Best Buy Co. Inc. (NYSE: BBY) reported earnings which look solid when you compare them to estimates. The electronics retail giant posted $0.36 net EPS and $0.42 non-GAAP EPS and $10.095 billion…
Douglas A. McIntyre Saturday morning marked the awaited launch of the Pre smartphone from Palm Inc. (NASDAQ: PALM) under an exclusivity carrier pact with Sprint Nextel Corp. (NYSE: S). We think this will offer some competition…
Many big-box retailers including Best Buy (BBY), Target (TGT), and Costco (COST) are struggling as the recession beats down their same-store sales. General retailers such as Sears (SHLD) are not faring any…
Reuters: Central bankers in the US and Europe are battling deflation and inflation simultaneously. Reuters: GM (GM) is close to bankruptcy but the fate of Opel is still open. Reuters: Citigroup (C)…