Back in mid-February we discussed the latest trend of big-name companies slashing their dividends and how the trend will likely grow. Well it is growing, and fast. In this horrible market, dividends…
Citigroup (C) Still fears of nationalization or a larger bailout. Falls to $1.15. from a 52-week high of $27.35. GE (GE) Market not comforted that GE’s financial services are is not in…
NOVA Chemicals (NCX) Ratings cut pushes shares down to $1.28 compard to a 52-week high of $32.46. Regions Financial (RF) Still falling after analyst downgrades. Falls to $2.67 from 52-week high of…
These are some of the top pre-market analyst downgrades and negative calls we have seen on Wall Street this morning: Avon Products (AVP) Cut to Neutral at Goldman Sachs. Cardinal Health (CAH)…
NOVA Chemicals (NCX) Bad Q4 and a downgrade by RBC. Falls to $3 from 52-week high of $32.46. Regions Financial (RF) Downgrade by Bernstein. Runs off to $3.40 from a 52-week high…
Covering any part of the positives in this market has been literally as rewarding as jumping in the bear cage with the bears at the zoo. We have been refraining from doing…
These are some of the top pre-market analyst downgrades we have seen with more than two hours to the open this Monday morning: Barnes Group (B) Cut to Neutral at Baird. Carnival…
Verso Paper Corp. (NYSE: VRS) was one we noted yesterday as "slashing terms" after the pricing level was dropped and the share count in the sale was dropped. The company priced 14…
Douglas A. McIntyre Verso Paper Corp. has just slashed its IPO terms in an amended IPO filing this morning. The company’s prior range was up to 18.75 million shares and an expoected price range of…
Douglas A. McIntyre Luminent (LUM) Company proposes to restructure. Shares down to $.24 from 52-week high of $10.78. Reynolds American (RAI) Falling profit and lower guidance. Drops to $52.17 from 52-week high of $72. International…
These are some of the top analyst calls we are focusing on this morning: ArcelorMittal (NYSE: MT) Cut to Neutral from Overweight at HSBC. Caribou Coffee (NASDAQ: CBOU) Cut to Neutral from…
This week felt like a yo-yo of volatility, and frankly that makes it even better that it was a 4-day work week for the stock market. Despite the huge rally today that…
It almost seems that no matter what happens, there are always some major companies whose shares just won’t recover when the broad market recovers. Sometimes it’s on news, and sometimes it is…
Below are the top analyst upgrades and downgrades we are looking at this Tuesday morning: Altria Group (NYSE: MO) Started as Buy at UBS. Amazon.com (NASDAQ: AMZN) started as Buy at Canaccord…
According to Reuters "International Paper (NYSE: IP) has agreed to pay $6 billion in cash to buy the packaging and recycling unit of Weyerhaeuser Co, (NYSE: WY) the timber and forest products…