As corporate earnings are disappointing and as the economy remains very sluggish, companies are announcing big waves of layoffs. Some have said that the layoffs this time of year are seasonal, as…
The public editor of The New York Times, the flagship of the New York Times Co. (NYSE: NYT), questions the appointment of new CEO Mark Thompson because he ran the BBC during…
National Employee Morale Day came to Dow Chemical Co. (NYSE: DOW) as it fired 2,400 people and closed 20 factories. America’s large industrial sector, which appeared to be on the mend earlier…
Douglas A. McIntyre So far, the economy of Germany is the only one in Europe that has dodged recession, or a reasonable projection of one. Among the causes of its strength are an unemployment rate…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. Achillion Pharmaceuticals Inc. (NASDAQ: ACHN) raised to Buy from Underperform with $13 target…
The chemicals industry is not ordinarily thought of as action central, but there have been some recent moves, including one today, that are stirring things up. Two private equity firms, First Reserve…
Jon OggBank of America downgraded Entergy (NYSE: ETR) to Underperform from Neutral and cut its price target to $70. Piper Jaffray downgrades Cache Inc. (NASDAQ: CACH) to Neutral from Overweight. AAII Journal sets Dow Chemical…
The three major US stock indexes opened mixed this morning following the unemployment report from the Eurozone, which showed that the 11.2% rate had remained unchanged. The Eurozone consumer price index was…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday morning. Broadsoft Inc. (NASDAQ: BSFT) raised to Buy at Goldman Sachs. CafePress Inc. (NASDAQ:…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St.research calls this Friday morning. Amgen Inc. (NASDAQ: AMGN) raised to Overweight at Piper Jaffray. Caterpillar Inc.…
The Dow Chemical Co. (NYSE: DOW) traded more than 3% lower following the opening bell, after the company posted disappointing earnings and sales numbers earlier this morning. Dow reported second-quarter adjusted earnings…
Paul Ausick Dow Chemical (NYSE: DOW) has reported second-quarter earnings of $649 million, or $0.55 per share, and $14.5 billion in revenue. EPS were down from $0.84 in the same quarter of last year…
Trey Thoelcke Huntsman Corporation (NYSE: HUN) is rumored to be back in play. If you will recall, this was the subject of a private equity buyout back during the private equity bubble and its $6.5…
On Tuesday the US Department of Energy announced awards to 13 projects totaling more than $54 million. According to the press release: to advance transformational technologies and materials that can help American…
Summer can often be an interesting time in the markets and so far the “Sell in May and go away!” them has worked. What has also taken place is that many of…
