Short sellers reduced their positions in major financial firms and their positions in major tech stocks were divided, based on data from the NYSE and Nasdaq for the period that ended February…
You might have already heard the reports that Apple is sitting on a lot of cash, around the $100 billion mark. You might have even read the scores of recommendations about what…
The price of IBM (NYSE: IBM) shares rose above $200 for the first time ever. It is no more a milestone that Apple (NASDAQ: AAPL) at $500 or when people reach age…
Yahoo! (NASDAQ: YHOO) threatens a patent suit against Facebook, citing a number of violations. (Reuters) TransCanada (NYSE: TRP) cuts the length of its Keystone XL pipeline in the hopes of finishing some…
Jon OggEach weekend we review the many analyst calls we track during the week. Some turn out to be very insightful and some turn out to be not so great. For better…
The European Commission forecast a growth rate of 0.5% for the eurozone as recently as late last year. Now, it expects a contraction of 0.3%. That means a second recession in four years.…
US equities markets opened lower this morning following surprisingly weak manufacturing reports from Europe and China. Fitch Ratings’ downgrade of Greek debt to ‘CCC’ could not have been a surprise, but the…
Hewlett-Packard Co. (NYSE: HPQ) is set to report earnings after the close of trading on Wednesday. After the disappointing report from Dell Inc. (NASDAQ: DELL), the bar may have even ratcheted a…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Advanced Semiconductor Engineering, Inc. (NYSE: ASX) Cut to Neutral at BofA/ML. Apple Inc.…
President Obama may propose a new corporate tax rate. (Reuters) The U.S. Consumer Financial Protection Bureau will examine overdraft fees. (Reuters) Apple (NASDAQ: AAPL) will hold its annual meeting with the company in…
Dell Inc. (NASDAQ: DELL) is playing a bit of market give-back after its earnings. The PC-maker and IT-services player reported earnings of $0.51 EPS and $16.03 billion in sales. Some consensus reports…
Jon C. Ogg Dell Inc. (NASDAQ: DELL) is set to report earnings after the closing bell, and investors will paying close attention for any clues on how the report sums up Hewlett-Packard Co. (NYSE: HPQ)…
US stocks opened mixed this morning, with the Nasdaq opening lower than both the DJIA and the S&P 500. The Nasdaq briefly crossed into positive territory this morning, but has traded lower…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Acorda Therapeutics, Inc. (NASDAQ: ACOR) Cut to Neutral at Citigroup. Arcelor Mittal (NYSE: MT) named…
The three major US stock indexes opened slightly higher this morning, but the DJIA almost immediately turned south and remained in negative territory all session. The Nasdaq composite and S&P 500 turned…
