Media Digest (9/272012) Reuters, WSJ, NYT, FT, Bloomberg
Spain will cut its budget ahead of a possible request for aid. (Reuters) Bank of America Corp. (NYSE: BAC) tests systems that allow people to make payments via smartphone. (Reuters) Procter &…
Spain will cut its budget ahead of a possible request for aid. (Reuters) Bank of America Corp. (NYSE: BAC) tests systems that allow people to make payments via smartphone. (Reuters) Procter &…
Worker productivity is among the most critical measurements used when evaluating businesses and national economies. One way to measure productivity is sales per employee. Companies that can achieve the highest revenue with…
The three major U.S. stock indexes opened lower this morning following weak economic data from Germany (more coverage here). The weekend meetings between Chancellor Angela Merkel and French President Francois Hollande highlighted…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. AK Steel Holding Corp. (NYSE: AKS) cut to Sell at Citigroup. Atmel…
The three major U.S. stock indexes opened higher this morning, encouraged by a report from Europe that Spain was close to unveiling a rescue plan for the country’s banks that it would…
Shares of Darden Restaurants Inc. (NYSE: DRI) jumped more than 5% after the opening bell on this morning’s sold quarterly results even as its Red Lobster chain continues to struggle. The Orlando-based…
Wal-Mart Stores Inc. (NYSE: WMT), CVS Caremark Corp. (NYSE: CVS), 7-Eleven Inc., Sunoco Inc. (NYSE: SUN) and other well-known retailers are expected to announce that they have banded together to develop a…
The three major US stock indexes opened higher this morning as markets treated the Moody’s downgrade of 15 major banks as old news that was already baked into share prices (our coverage…
The three major US stock indexes opened mixed this morning as markets reacted to weak PMI reports from both Germany and China (more coverage here). A flash reading on US PMI was…
Just one week ago Good Times Restaurants Inc. (NASDAQ: GTIM) stock was available for about $1.50/share. Today the share posted a new 52-week high of $5.98 on no news. In fact the…
Markets opened about flat this morning but lost ground almost immediately as new home sales data came in weaker than expected. Then came a report that Iranian crude shipments were falling as…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday morning. Apache Corporation (NYSE: APA) Started as Outperform at Credit…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. AK Steel Holding Corp. (NYSE: AKS) Raised to Outperform…
US equity markets opened solidly higher this morning, but began to lose momentum by mid-morning. From there it’s been a mostly downhill day with the DJIA creeping back to nearly flat with…
Darden Restaurants Inc. (NYSE: DRI) reported second-quarter 2012 earnings this morning that were down -28% from the same period a year ago. EPS came in at $0.41, right on the consensus estimate,…