U.S. equity markets opened mixed this morning, with the S&P 500 and the Nasdaq Composite both getting pushed lower on a report that Apple Inc. (NASDAQ: AAPL) has cut iPhone component orders…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen so far from Wall St, research calls this Monday: American Express Co. (NYSE: AXP) cut to Neutral on valuation/price…
ThinkstockAfter a solid year for information technology spending by major corporations in 2012, companies surveyed by analysts at UBS A.G. (NYSE: UBS) suggest that spending will decline in 2013. In fact estimates have dropped…
ThinkstockWhat on earth is happening in shares of Alcatel-Lucent SA (NYSE: ALU)? This ADR keeps running higher and higher despite a weak expectation. It was as recently as November that this was…
Jon C. Ogg U.S. equity markets opened lower this morning following a higher-than-expected report of new claims for unemployment benefits (more coverage here). The news more than compensated for the afterglow of yesterday’s big gains…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research firms this Thursday. Alcatel-Lucent S.A. (NYSE: ALU) raised to Neutral from Sell at Credit Suisse.…
thinkstockLast night’s passage of a deal on the fiscal cliff in the U.S. House of Representatives has lit a fire under stock futures this morning. The DJIA is up more than 160…
thinkstockWe have tracked the key short interest changes as of December 14th in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE:…
courtesy of AOL, IncA federal judge rejects Apple Inc.’s (NASDAQ: AAPL) request to stop the sales of Samsung phones in the United States. (Reuters) The prices of homes in the People’s Republic…
courtesy of Hewlett-PackardThe more the Hewlett-Packard Co. (NYSE: HPQ) deal to buy Autonomy gets scrutinized, the more that outsiders place blame on HP’s board, which unanimously approved the deal. The $11 billion…
ThinkstockCisco Systems Inc. (NASDAQ: CSCO) continues to push further into cloud computing, along with almost every other large tech company in the world. It announced it would by start-up Meraki Inc. for $1.6…
Trey Thoelcke courtesy of Hostess Brands Inc.Gasoline Prices Drop Again Gasoline prices have fallen again, based on the two most important measures, and the drop continues to accelerate. The famous Lundberg Survey reported a…
Douglas A. McIntyre courtesy of NetflixNews Corp. (NASDAQ: NWSA) will buy a 49% interest in YES. (Reuters) Citigroup Inc. (NYSE: C) will pay $360 million to end its dispute with Lehman Bros. (Reuters) Cisco Systems…
courtesy of Cisco SystemsCisco Systems Inc. (NASDAQ: CSCO) is at it again, with yet one more acquisition. The company is acquiring Cloupia, a software company that automates converged data center infrastructure. Cisco…
Jon C. Ogg U.S. equity markets opened higher this morning, but the three major indexes fell below the neutral line after the first hour or so of trading. In Europe, Greece said its GDP contracted…
