Searching for a value play in conglomerate stocks may resemble looking for a needle in a haystack. The companies are so large and diversified that anything short of a major shake-up barely…
Given the company’s horrible showing for the first quarter, the last thing MEMC Electronic Materials Inc. (NYSE: WFR) needed was to have a management shake-up. But that’s what the solar wafer maker…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. AAR Corporation (NYSE: AIR) named Bear of the Day at Zacks. The…
Conglomerates are soft so far on Wednesday but they have turned up ahead of the wave of earnings this week. A screen at Finviz showed that the conglomerate sector is leading the pack…
Major media cannot agree on something as simple and critical as what the highest paid CEOs in America made last year. Most of the data come from proxies filed with the SEC.…
Markets opened higher this morning following a solid report on US retail sales. Reports on both consumer and small business confidence both showed improvement in February (more coverage here and here). In…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. ACE Ltd. (NYSE: ACE) Added to Conviction Buy List at Goldman Sachs. Apartment…
All three major US indexes opened lower this morning following the report that US GDP grew by 2.8% in the fourth quarter. A rise of 3% was expected. Combined with the lack…
Honeywell International Inc. (NYSE: HON) has turned in the conglomerate’s earnings for the fourth quarter. The company reported a sales gain of 8% to $9.5 billion. The company attributed its 7% organic…
Jon C. Ogg Markets opened lower this morning on mixed reaction to the $641 billion borrowing spree from the European Central Bank. Technology stocks were weighed down by poor earnings report and uninspired guidance from…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. BorgWarner Inc. (NYSE: BWA) Started as Buy at Stern Agee. CenturyLink, Inc.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. AK Steel Holding Corporation (NYSE: AKS) Raised to Outperform from Market…
Equities started the day with a solid move up, but lost momentum after about half an hour. The downward move lasted into the late morning, at which time stocks started a fitful…
These are some of Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Aixtron SE (NASDAQ: AIXG) Raised to Equalweight at Morgan Stanley. Alcatel-Lucent SA (NYSE: ALU) Cut…
Japan acts to lower the yen before the upcoming G20 meeting. (Reuters) Beacon Power (NASDAQ: BCON), backed by U.S. funds, goes bankrupt. (Reuters) Young and well-educated Greeks begin to leave the country.…
