Joy Global, Inc. (NYSE: JOY) is getting slapped very hard today on two different analyst calls. The drop is enough that you might think that Joy suffered from an earnings report that…
Jon C. Ogg Summer can often be an interesting time in the markets and so far the “Sell in May and go away!” them has worked. What has also taken place is that many of…
Until now, the evidence that manufacturing is moving back to the US from offshore — a process sometimes called ‘re-shoring’ — has been largely anecdotal. Manufacturing jobs have been growing according to…
Deere & Co. (NYSE: DE) reported fiscal second-quarter results this morning that topped estimates by a solid margin. The farm and construction equipment maker posted EPS of $2.61 on revenue of $10…
Caterpillar (NYSE: CAT) faces a relatively small strike at its Joliet, Ill., plant. The members of the International Association of Machinists and Aerospace Workers will walk out when their six-year contract expires. The strike…
China’s PMI rises to a 13-month high. (Reuters) BP (NYSE: BP) profits fall as it sells some assets to pay for the Gulf spill. (Reuters) New York state pension funds vote against…
Jon OggIt is that time of year again. It is time to ponder the theory of pricing in a summer slowdown, whether it actually happens or not. In short, is time to…
Markets are lifted by Fed comments that the economy is recovering and that it will keep rates low. (Reuters) Chrysler posts its best earnings since being partially taken over by Fiat. (Reuters)…
Markets opened higher this morning, led by the Nasdaq which got a big boost from the strong report last night from Apple Inc. (NASDAQ: AAPL). The report from the US Census Bureau…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls. Ball Corporation (NYSE: BLL) Cut to Neutral at Credit Suisse. Caterpillar Inc. (NYSE: CAT)…
Sony (NYSE: SNE) says it will eliminate 10,000 jobs and retool the company for growth. (Reuters) Exports from Japan improve. (Reuters) The Fed’s Beige Book reports concern about energy costs. (Reuters) The World…
Jon Ogg2012 has been a great year for stocks. We have recently seen the NASDAQ return to 3,000 for the first time in a decade. The S&P 500 Index has also now…
While global GDP growth is expected to be slower this year, there are a couple of areas where investment will probably continue at relatively high levels. These are mining and agriculture. New…
The Dow Jones Industrial Average is trading back above the 13,000 mark. The DJIA (NYSE: DIA) i sup 0.22% at $129.87 to reflect the slight discount due to fees in the ETF. …
What happens when you have a bull and a bear? One goes up and one goes down, or at least that is the hope of Zacks Investment Research. Caterpillar, Inc. (NYSE: CAT)…
