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…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Celgene Corporation (NASDAQ: CELG) Maintained Buy with target of $73.00 at Cantor…
Jon OggToday’s announcement from The Procter & Gamble Co. (NYSE: PG) included a statement that the company expects to experience a negative impact on sales of -4% due to foreign exchange transactions.…
While the media keeps putting the fear of Europe in you, stocks have bounced handily with the DJIA having bounced some 600 points in the last week and a half. Amazingly, some…
The calls for Procter & Gamble Co. (NYSE: PG) to unlock shareholder value are growing. This is a classic defensive stock with a big dividend, but if you eliminate the great recession…
The 10-year Treasury hit yet another record low under 1.6% today and stocks are in the tank again due to poor economic data. Europe continues to face a meltdown and the hope…
A stock market that sells off eight of nine days is not a good market. Even the Facebook IPO is being viewed as a one-off item rather than a systemic item which…
Blame whatever you want. A weaker U.S. economy, a weakening and flailing Europe, a move to socialism in France and Greece, a weaker BRIC and emerging market story, commodity prices and on…
Outplacement firm Challenger, Gray & Christmas reported this morning that employers planned 40,559 layoffs in April, up 7.1% from the 37,880 job cuts in March. In April 2011 36,490 job cuts were…
Consumer goods giant Procter & Gamble Co. (NYSE: PG) reported third fiscal quarter results this morning that were about in-line with expectations, but the company’s lowered full-year forecast is pushing shares down.…
Markets opened higher this morning although a decline in tech stocks weighed on the Nasdaq, leaving the index with only a small gain going into the last hour of trading. Energy stocks…
Kimberly-Clark Corp. (NYSE: KMB) posted earnings and revenues this morning that exceeded expectations, setting the stage for next week’s reports from Procter & Gamble Co. (NYSE: PG) and Colgate-Palmolive Co. (NYSE: CL).…
The three major US stock indexes opened slightly higher this morning, but the DJIA almost immediately turned south and remained in negative territory all session. The Nasdaq composite and S&P 500 turned…
Kimberly-Clark Corporation (NYSE: KMB) is being downgraded on valuation and on margin issues by Janney Capital Markets. The firm cut the rating to ‘Neutral’ from Buy and lowered its fair value price…
Jon C. Ogg Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. The Andersons, Inc. (NASDAQ: ANDE) named as Value stock…
