Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. AutoZone Inc. (NYSE: AZO) Raised to Buy at Citigroup. Cisco Systems,…
Short sellers moved into bank stocks ahead of the sell-off based on data for the period that ended July 29. Shares sold short in JPMorgan (NYSE: JPM) rose 17% to 33.6 million.…
Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and credit of the United States, dismal GDP data, and ongoing weak…
The CEOs at many of the most troubled companies have been in place for a long time and investors have to question how they keep their jobs. Eventually, performance has to count,…
Apple (NASDAQ: AAPL) briefly became the most valuable company in the world today. When it hit $364 billion in worth, it passed long-time leader Exxon Mobil. Over a span of two years,…
Cisco Systems, Inc. (NASDAQ: CSCO) is due with earnings on Wednesday. The stock has been punished severely with the broader market sell-off, but today the stock is not even participating in the…
Although stock buybacks have never been among our most preferred methods of returning capital to investors, stock repurchase plans can indicate to investors that a company’s management believes the ship is not…
The market has brutalized many great companies and we are seeing the mayhem reach a cycle-peak in the VIX if the history of the market holds up after hitting 48.0 yesterday during…
2.25 PM Comments from the Fed killed the rally, and the DJIA dropped into negative territory. The central bank will keep interest rates low through mid-2013, but it did not indicate any…
Earnings season is still going strong, but we are now getting into the late-cycle companies which have a one-month lag to their earnings reports. Several key stocks are due this next week…
Brocade Communications Systems, Inc. (NASDAQ: BRCD) has already been seeing severe weakness with the market downturn. In part it was because Dell Inc. (NASDAQ:DELL) appears to be no real acquirer of the…
Jon OggEach morning we cover the upgrades, downgrades, and initiations we see in Wall Street research calls from the analysts. Many calls offer great insight not found elsewhere, while some calls turn…
If you have been a reader of 24/7 Wall St. for long, you know that we appreciate companies that pay dividends just about as much the investors who buy companies because of…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Cisco Systems, Inc. (NASDAQ: CSCO) Raised to Buy at Goldman Sachs.…
Alcatel-Lucent (NYSE: ALU) is joining in the waves of selling seen in Cisco Systems Inc. (NASDAQ: CSCO) and even more recently in Juniper Networks, Inc. (NYSE: JNPR). Cisco has been bashed even…
