Jon OggInvestors and traders often get to read about the Wall Street analyst upgrades, but they often do not get to hear when to sell or avoid a stock. Each morning 24/7…
ThinkstockWhen Caterpillar Inc. (NYSE: CAT) reported earnings in July, the company took the opportunity to cut its revenue and earnings guidance for the full fiscal year. Mining equipment maker Joy Global Inc.…
Paul Ausick These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Thursday, July 25, 2013. They include Caterpillar, Facebook, Ford, Sequenom and Northrup Grumman.
July 24, 2013: U.S. equity markets opened higher this morning following upbeat estimates for eurozone flash PMI readings. In Asia, China’s PMI came in lower than expected, leading to more worries about…
ThinkstockCaterpillar Inc. (NYSE: CAT) reported second-quarter 2013 results before markets opened this morning. The heavy equipment firm posted diluted earnings per share (EPS) of $1.45 on revenues of $14.62 billion. In the…
Paul Ausick July 23, 2013: U.S. equity markets opened higher this morning, but only the DJIA was able to stay in positive territory throughout the day. There was little economic data out of Europe…
The DJIA and S&P 500 Index are in the midst of earnings season, and despite choppy earnings and sales figures the stock market just keeps rallying higher and higher. Friday’s mixed results…
Thinkstock The U.S. equity strategists at Deutsche Bank A.G. (NYSE: DB) who cover S&P 500 stocks with exposure to China have long argued that China’s impact to S&P earnings is mostly through…
ThinkstockThe Dow Jones Industrial Average is still technically in a bull market with gains of 13.7% so far in 2013. Despite a rough market in June, the DJIA is up so far…
ThinkstockRetail sales of construction and mining equipment at Caterpillar Inc. (NYSE: CAT) remains below year-ago levels, but the pace of the decline is slowing. Global machine sales are down 7% for the…
Paul Ausick ThinkstockCaterpillar Inc. (NYSE: CAT) has already issued lower guidance for the year ahead and its shares actually have risen since its last earnings disappointment. Now we have confirmation that the company’s current…
Jon C. Ogg Jon OggThe first-quarter earnings season is peaking this week, as far as the number of companies on a normal calendar. Corporate earnings have been weaker than expected in a manner of sorts,…
Earnings season is still in overdrive. Many companies are meeting or just beating earnings expectations, but the bias has been toward coming in light on revenues. We have seen many corporate earnings…
U.S. equity markets opened higher this morning despite low flash PMI readings from the eurozone. Germany’s manufacturing PMI reading was especially notable, falling to 47.9 from 49, and the country’s services PMI…
thinkstockAs with any earnings season, the results that have come in so far for the first quarter of this year have been mixed. There have been some winners and some losers, and…
