These are the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Wednesday morning: Acorda Therapeutics (ACOR) Raised to Overweight at Piper Jaffray. Coca-Cola Entertainment…
Reuters : Intel (INTC) said its results are running better than expected. Reuters : The government is looking at a pay overhaul in the financial sector. Reuters: Economic woes are hurting the…
According to Reuters, Bank of America (BAC) will have to raise billions of dollars. Reuters reports that a judge has approved a quick auction of Chrysler assets over the objections of creditors.…
A lot of fairly well-known public companies either disappeared or went bankrupt this year. Circuit City is on the list. Based on the most recent news GM may get added soon. 24/7…
Reverse stock split or not, Rite Aid Corporation (NYSE: RAD) has been under the gun and its future is far from certain. There was a period in time in 2007 when it…
Douglas A. McIntyre Longs Drug Stores Corporation (NYSE: LDG) is doing something which may seem odd to many, which is essentially a "going with the bird in the hand" strategy. The company has just announced…
Douglas A. McIntyre Longs Drug Stores Corporation (NYSE: LDG) is trading way up this morning after last night’s announcement that CVS Caremark Corporation (NYSE: CVS) will acquire the company. In a definitive agreement reached, Longs…
Douglas A. McIntyre According to Reuters, Goldman Sachs (GS) will buy $1.5 billlion in assets from ABN. Reuters reports that Ford’s (F) new plans will not change because of the fall in gas prices. Reuters…
It is now no secret that we are in a very weak economic environment and if it is not an official recession it is for about 80% of the country. We’ve already…
There seemed to be more upgrades this morning than there were downgrades from Wall Street analysts. Here is a snapshot of some of our key analyst calls we saw: Adobe Systems (NASDAQ:…
CVS Caremark Corp. (NYSE: CVS) has announced that the company will buy back up to $2 Billion worth of common stock from time to time in the open markets during 2008 and…
Douglas A. McIntyre On tonight’s MAD MONEY on CNBC, Jim Cramer said emphatically that the huge drop today followed by the monster rally in the same day is a classic bottoming pattern, although he thinks…
Short interest on January 15 showed bets against financial shares listed on the NYSE climbed when compared to December 31 numbers. Shares short in Countrywide Financial (CFC) rose 32.5 million to 166.9…
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
Rite Aid Corp. (NYSE: RAD) is indicated to open lower after the company posted another net loss for the quarter. It also lowered guidance for a second time. We just noted this…
Douglas A. McIntyre