Economists thought the consumer was heading toward the exits. Actually, based on new data, he left the building. According to Reuters, the Mastercard Advisors service reported that "Overall September apparel sales fell…
Douglas A. McIntyre According to Reuters, Bank of America (BAC) reported weak earnings and cut its dividend. Reuters reports that Wells Fargo (WFC) and Citigroup (C) agreed to drop litigation for now and negotiate over…
These are some of the upgrades and downgrades we are seeing from Wall Street this Tuesday morning: Dick’s Sporting Goods (DKS) Raised to Outperform at Baird. IDEXX Laboratories (IDXX) Started as Buy…
Wall St. cheered what seemed to be withering results from Washington Mutual (WM) and Wachovia (WB). WaMu lost $3.3 billion and reserved $3.7 billion to handle loan losses. Wachovia lost $9 billion…
MasterCard Incorporated (NYSE: MA) has just announced it has reached an agreement to settle its outstanding litigation with American Express (NYSE: AXP). The company says the tax-affected net present value of the…
Tonight we are going to get the highly awaited VISA, Inc. initial public offering. This one has been on the books since November 2007 and we have previously noted that this was…
These are not the only analyst calls this morning, but these are the calls that 247WallSt.com is focusing on early this Tuesday morning: Automatic Data (NYSE: ADP) downgraded to Neutral from Buy…
Visa Inc. submitted another amendment to their IPO filing this morning. The IPO could now be the largest in history, with a proposed maximum aggregate amount in securities listed as more than…
Laszlo Birinyi of Birinyi Associates, Inc. is one of the more frequently watched portfolio managers by the public. The reason is not that he is one of the largest fund managers. But…
These are not the only impact analyst calls, but these are the top research calls that 247WallSt.com is focusing on pre-market this Thursday: Buffalo Wild Wings (BWLD) started as Underweight at J.P.Morgan.…
These are not at all the only analyst calls being covered or making an impact in stocks this morning, but these are the ones 247WallSt.com is focusing on initially this morning: Air…
Stock Tickers: ANF, ARO, AEO, ANN, ADSK, BMRN, CA, CHS, C, COGN, CWTR, ETR, GPS, GOOG, JCG, LF, MA, MSFT, ORH, ORCL, PAS, PNWIF, PT, RIMM, JAVA, SYMC, UA, URBN Abercrombie &…
Seagate Tech (NYSE:STX) has been a great performer today after it raised guidance. But it also noted strongly that it wasn’t for sale. This is in the 48 hours after rumors and…
According to Reuters, auto sales in the US dropped in July and imports took more than 50% of the market for the first time as sales dropped shsrply at GM (GM) and…
Monday will be an interesting day for American Express (NYSE:AXP), or so it would seem. The solid banks, brokers, and credit issuers have all been revealing increases in defaults and in loan…
