When you see a ten-day sell-off and a capstone panic day with what is a 300-point sell-off in the Dow Jones Industrial Average, the first reaction is that no one wants anything…
Once patent protection expires on a prescription drug, the drug’s maker can take a serious beating in revenue and profitability. One way to make up for the loss is to get US…
Fitch and Moody’s kept the U.S. rating at Aaa (Reuters) Years of slow growth and aging populations in the West could hasten the rise of BRIC economies (Reuters) Google+ (NASDAQ: GOOG) and…
The odds that the U.S. will default on its debt on or after August 2 increase each day. Some credit analysts believe the odds are in favor of insolvency. In the event…
Implanted medical devices are one of the most profitable businesses of the U.S. healthcare industry. While many devices help extend and improve quality of life, a great many others may not be…
Next week will mark the true ‘opening the floodgates’ for earnings season. We have given some brief earnings previews and added in color for the DJIA components set to report earnings in…
JP Morgan (NYSE: JPM) may become the largest lender in the U.S. soon (Reuters) Jobs numbers may show that the economy has finally turned the corner (Reuters) Fitch downgraded Minnesota from AAA…
24/7 Wall St. is probably not alone in noticing that there were very few earnings warnings issued by the major companies that dictate market trends going into the end of June. That…
The price of austerity has begun to hurt local and state government employment again. The trend is the continuation of one that started three years ago as a sharp drop in tax…
Jon OggWe have another week that has passed by and there were many stand-out research calls that took place throughout the last week. Our top analyst calls, some of which are dubious…
Hackers attacked the CIA website. (Reuters) Citigroup (NYSE: C) said data on 360,000 customers was stolen nearly a month ago. (Reuters) Greek debt and concerns about economic slowdown hurt stock prices worldwide.…
One school of thought about negative publicity is that its impact dissipates over time. It is hard to disprove that theory, especially in the case of large companies. Â And sometimes it takes…
Stocks are still correcting as economic data keeps coming in weaker and weaker. Now the media keeps routinely talking up what we called a supporting call for QE3. Please, no QE3! Still,…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Boston Scientific Corporation (NYSE: BSX) Raised to Neutral at Goldman Sachs.…
No industry was able to avoid short selling activity, particularly among its largest companies. Tech, automotive, conglomerates, consumer goods, and financial shares were all under pressure, and big firms took the brunt…
