The National Association of Home Builders/Wells Fargo Housing Market Index rose 4 points, to 25, in December. That’s the highest index reading since June 2007, and the fourth consecutive monthly increase in…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. American Express Co. (NYSE: AXP) Reiterated Buy with $60…
Equities opened modestly down this morning and the three major indexes have stayed within a few points of flat all day. The NASDAQ composite has remained in positive territory as the technology…
US equities opened strongly this morning and managed to maintain solid gains throughout the day. The in-line earnings report last night from Alcoa Inc. (NYSE: AA) and higher commodity prices — based…
The monthly S&P/Case-Shiller Home Price Indices for the month of October were released this morning, and the results failed to meet already low expectation. The annual decline in home prices in the…
US equity markets opened sharply lower this morning and continued falling before levelling off at around 200 pts down on the DJIA. The downturn followed closer examination of the European Union’s agreement…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Altera Corporation (NASDAQ: ALTR) Raised to Outperform at BMO Capital Markets. AutoZone…
Stocks got off on a positive note this morning, but resisted the temptation to climb based on a positive reading of the leading econonmic indicators and higher estimates of US GDP growth…
These are some of Friday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Annaly Capital Management, Inc. (NYSE: NLY) Cut to Market Perform at KBW. Aruba Networks, Inc. (NASDAQ:…
Mortgage interest rates remain historically low, but buyers are either unwilling or unable to take advantage of the low rates. After three straight weeks of increases in mortgage applications, borrowers backed off…
The collapse of the US housing market has been among the most stubborn problems facing the US economy for the past four years. Construction jobs have vanished, home values have plummeted, and…
Despite a near-compulsive search for good news from the US housing market, nearly every story contains more than enough dismal news to outweigh whatever good news there is. Generally the news starts…
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Amerisafe, Inc. (NASDAQ: AMSF) named Bear of the Day at…
The coming week is going to feel like a mini earnings season. We have many sector leaders reporting earnings and the fallout (or benefits) could be widespread. On deck are key earnings…
It appears that the slowdown in foreclosure filings has reached an end. Issues surrounding foreclosure processing, state foreclosure laws, and other court rulings are getting resolved and the pace of foreclosures picked…
