Hedge fund manager Leon Cooperman, who is chairman and CEO of Omega Advisors, remains bullish on select equity investments. In a presentation at CNBC’s ‘Delivering Alpha’ conference this Wednesday, Mr. Cooperman’s take…
The three major US stock indexes opened higher this morning following the release of Chinese GDP and other data. The Middle Kingdom’s GDP grew at a rate of 7.6% in the second…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Dean Foods Company (NYSE: DF) Cut to Neutral at Goldman Sachs. Digital…
The three major US stock indexes opened lower this morning as investors wait for weekend data on Chinese trade and industrial production. The drop in US unemployment benefits claims didn’t spur much…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. American Eagle Outfitters (NYSE: AEO) named Bull of the Day at Zacks.…
We had two rather large secondary offerings today where private equity firms are unloading stock. The tally was about $3.4 billion that the market had to absorb in new shares as Kinder…
The development of the Canadian oil sands is expected to increase the amount of crude oil produced at the Alberta oil sands from its current level of about 1.6 million barrels/day to…
Markets opened nearly flat this morning but took a dive early and have muddled along the rest of the day in negative territory. This morning’s report on falling durable goods orders got…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday. Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) Cut to Neutral at Piper Jaffray. A123…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Accenture plc (NYSE: ACN) Raised to Hold at Soc-Gen. Allscripts Healthcare Solutions (NASDAQ: MDRX)…
Markets opened lower this morning and nothing came along all day to move any of the three major indexes above the neutral line. The morning’s report on housing starts was no better…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Adobe Systems Inc. (NASDAQ: ADBE) Raised to Sector Perform at RBC. Airgas…
Mergers and acquisitions bankers may become subject to stricter rules for revealing their personal investments as a result of a review now being conducted at Goldman Sachs Group Inc. (NYSE: GS). A…
US pipeline company Kinder Morgan Inc. (NYSE: KMI) has reached a tentative agreement with the US Federal Trade Commission (FTC) on asset sales that Kinder Morgan must make in order to get…
Shareholders of El Paso Corp. (NYSE: EP) have overwhelmingly approved the company’s $24 billion merger with Kinder Morgan Inc. (NYSE: KMI). El Paso reported this morning that 79% of shareholders voted on…
