The top analyst upgrades, downgrades and initiations seen on Wednesday morning include DuPont, GoDaddy, Intel, Pandora Media, Wells Fargo and Western Refining.
October 18, 2016: Markets opened higher again Tuesday, and, as on Monday, the lack of any firm economic data led traders to look at corporate earnings for guidance. Netflix reported Monday night…
October 14, 2016: Markets opened higher Friday after Thursday’s late in-the-day turn higher and decent earnings reports from three of the largest U.S. banks. The report on consumer spending indicated consumers are…
October 13, 2016: Markets opened lower Thursday following a weaker view on China’s trade balance joined with worries about the Fed and third-quarter earnings leave investors with the jitters. Citi, Wells Fargo,…
October 7, 2016: Markets opened slightly higher Friday following a better-than-expected report on non-farm payrolls. Some investors see the report as more ammunition for the Fed to raise interest rates one more…
One of the most talked about deals of the year has been the acquisition of Monsanto by German chemical giant Bayer. The deal was finally announced Wednesday morning.
August 31, 2016: Markets opened lower Wednesday even though the ADP employment report was better than expected. Every sector started the day’s trading in the red and all 10 are on track…
August 29, 2016: Markets opened higher Monday following the report that personal spending met expectations for a gain of 0.3% while inflation turned a 1.6% reading for July. Equity markets were mixed…
August 26, 2016: Markets opened higher Thursday and went higher following Fed Chairwoman Janet Yellen’s speech in Jackson Hole. The Fed chief intimated that sentiment for another increase in the policy rate…
August 23, 2016: Markets opened higher Tuesday mainly on the strength of the better-than-expected Census Bureau report on new home sales and a solid showing by European markets. Basic materials was the…
Tech giant Cisco Systems is expected to announce plans to lay off 14,000 employees in the coming weeks, nearly one-fifth of its total headcount, according to technology news site CRN. These layoffs…
August 18, 2016: Markets opened higher Thursday after the Labor Department reported that weekly claims for jobless benefits came in lower than expected. The energy sector was the day’s leading gainer and…
August 17, 2016: Markets opened slightly lower Wednesday following a slide in European markets. Utility stocks were the leading sector while consumer discretionary stocks weighed most heavily. WTI crude oil for September…
August is supposed to be one of the months that is not so good for stocks. Just don’t tell that to the U.S. markets, with the week of August 12 all seeing…
August 9, 2016: Markets opened higher again Tuesday following the lead of Asian and European exchanges. The productivity report cooled investors’ enthusiasm, though, and afternoon trading saw equities slipping below the break-even…
