The rate of downgrades versus upgrades is still coming out with a much more negative bias from Wall Street. These are some of the downgrades and negative research calls we have seen…
24/7 Wall St. has already provided a list of retailers who may well not make it through 2009. According to The Wall Street Journal, "AlixPartners LLP, a Michigan-based turnaround consulting firm, estimates…
How can the worst retail holiday season in years get worse? It can become the worst holiday season since anyone kept accurate records. There have been signs for several weeks that e-commerce…
Bricks-and-mortar retail sales were predicted to be down by 5% or so this year. At companies like Sears (SHLD), Gap (GPS), and Macy’s (M), which have been suffering for several quarters, the…
These are some of the key analyst downgrades and negative calls we have seen this Tuesday morning: ADTRAN (ADTN) Cut to Neutral at Baird. Allianz (AZ) Started as Underperform at Jefferies. Cypress…
Putting advertising on social network websites like Facebook or News Corp (NWS) MySpace has never made sense. They claim to have tens of millions of "members", "users", "friends". Some of those people…
If you have read us for very long, you will know how critical we have been of Gap, Inc. (NYSE: GPS). The company just couldn’t get it right. This was a fairly…
Douglas A. McIntyre These are the top pre-market analyst upgrades and positive calls we are seeing from Wall Street firms this Friday morning with more than two hours until the open. Arm Holdings (ARMH) Raised…
According to Reuters, Citigroup (C) is weighing options including a sale. Reuters reports that oil moved to a three-and-a-half year low. Reuters writes that Fannie Mae (FNM) and Freddie Mac (FRE) are…
The home of "everyday low prices" took a bit of a hit today when it put out its earnings. It can not longer be called "recession proof", but it is still damn…
Being a Gap (GPS) shareholder has been a long nightmare and that got worse today. Gap’s same store sales in October fell 16%. The retailer reported net sales of $1.08 billion for…
Douglas A. McIntyre It is no secret that the consumer is in the tank and that retail sales are coming in poorly. It would have been a fool’s gold trade to believe you were going…
Santa will be thinner this year, a sign that he cannot afford all that rich food. It is a good thing that he wears a beard because can’t afford a razor. By…
These are some of the upgrades and positive calls from analysts we have seen affecting shares this Friday morning: American Electric Power (AEP) Raised to Buy at Piper Jaffray. Cree (CREE) Raised…
The evidence that sales at many companies are struggling and that employment will suffer are almost everywhere. Recently, a division of GMAC said it would let 5,000 people go. According to MSNBC,…
