After a period in which short sellers backed out of stocks in troubled companies, the have rushed into them again. The short interest in Research-In-Motion (NYSE: RIMM), battered by competition from Apple…
Updated throughout the day. Citigroup (NYSE: C) has sold EMI’s record business to Vivendi Universal and its publishing business to a group which includes Sony (NYSE: S) Facebook is near a privacy…
Financial concerns about Italy have raised the issue of a breakup of the eurozone. (Reuters) China’s October imports rise but exports are weak. (Reuters) A deal to name a new prime minister…
Pre-market signals were weak today, and once trading opened, the signals got stronger. The DJIA has traded down more than -200 points for most of the day, with financial and energy stocks…
Last Friday at the meeting of the G20 in Cannes, the Financial Stability Board (FSB) revealed a list of 29 global systemically important financial institutions (known as the G-Sifis). These institutions are…
Olympus says it concealed losses for decades. (Reuters) Italy’s sovereign debt interest rates rise sharply. (Reuters) Toyota’s (NYSE: TM) profits fall and it withdraws its full-year forecast. (Reuters) Greece cannot decide on…
Each morning 24/7 Wall St. issues a list of some of the key analyst upgrades, downgrades, and initiations seen from Wall Street research firms. We review these and other calls from the week…
Eastman Kodak’s (NYSE: EK) board of directors has been invisible as the company first intimated it would not need new funds, and then a short time later said it had potential cash…
Douglas A. McIntyre Stocks opened higher this morning and the gains held up pretty well all day. The Federal Reserve Open Market Committee report contained no big surprises, with interest rates continuing to be held…
MasterCard Inc. (NYSE: MA) absolutely crushed estimates this morning, reporting third-quarter EPS of of $5.63 on revenue of $1.82 billion. Consensus estimates were aiming for EPS of $4.81 on $1.7 billion in…
These are some of Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. American Water Works Company, Inc. (NYSE: AWK) added to Strong Buy List at Zacks. Bank…
These are some of Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Alcatel-Lucent SA (NYSE: ALU) Cut to Neutral at JPMorgan. ARM Holdings PLC (NASDAQ: ARMH) Started…
To say that MF Global Holdings Ltd. (NYSE: MF) is in trouble might be the understatement of the year. The commodities and derivatives broker has reportedly been caught on the wrong side…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Alcoa Inc. (NYSE: AA) Started as Buy at Stifel Nicolaus. Baker…
Bank of America Corporation (NYSE: BAC) is trading lower after its earnings report, but there are some points in here that can appeal to both bulls and bears alike. The ban reported…
