These are this Wednesday’s early upgrades and positive research calls which we have seen out of Wall Street firms this morning: AMR Corp. (AMR) Raised to Overweight at Barclays. Answers Corp. (ANSW)…
Reuters: Aggressive trading in gold in China may be pushing the price of the metal up. Reuters: Blackstone’s (NYSE:BX) CEO says the worst of the crisis is over. Reuters: The House has…
Cisco Systems, Inc. (NASDAQ:CSCO) was certainly anxious to buy Starent Networks (NASDAQ:STAR). It paid $35 a share for the supplier of IP-based mobile infrastructure solutions. Starent closed at $29 yesterday. Cisco expects…
Douglas A. McIntyre The short interest in Apple (NASDAQ:AAPL) was steady in the period that ended on September 30 at 16 million shares.The bet being made against RIM (NASDAQ:RIMM) rose 13% to 13% to 19.2 million.…
Baby boomers control $10 trillion in assets. A great deal if not most of that money has been invested in the stock market as this part of the population attempted in increase…
These are this Wednesday mornings top pre-market analyst upgrades and positive research calls we have seen early on from Wall Street: Abercrombie & Fitch (NYSE: ANF) Raised to Equal Weight at Morgan…
Baby boomers control $10 trillion in assets. A great deal if not most of that money has been invested in the stock market as this part of the population attempted in increase…
Reuters: The retirement package for Ken Lewis of Bank of America (BAC) may be as high as $125 million. Reuters: US car sales plunged in September with Ford (F) up and GM…
Updated throughout the day. Update: RADVision (RVSN) is trading down over 33% on rumors that the Cisco (CSCO) buyout of Tandberg will cost it nearly 40% of its revenue. (Morgan Keegan) Update: Friday’s…
According to Volume Spike Investor, several stocks are making major move before the open. UAL (UAUA) is tanking (details) Ascent Solar (ASTI) is off sharply on a new stock offering (details) RADVision…
Reuters: Ken Lewis will step down as CEO of Bank of America (BAC) Reuters: Cisco (CSCO) bought Tandbeg for $3 billion. Reuters: The IMF raised forecasts for US GDP but warned on…
The economy is obviously getting better, so long as you are not one of the unemployed or about to lose your job. Now with more than a 50% rally from the March…
Reuters: Obama is asking the G 20 to reshape the global economy. Reuters: Congress will demand details of the Bank of America/Merrill Lynch deal. Reuters: Holiday spending is expected to be flat.…
Generally speaking, success and intrigue in a new hot market brings on competition. It seemed to be a bit of an odd merger to many when Cisco Systems, Inc. (NASDAQ: CSCO) acquired…
Reuters: The sell-off in Chinese stocks may be overdone based on earnings. Reuters: A report blamed the SEC for not doing its job investigating Madoff. Reuters: The Fed says the risks to…