The old saying is that financial stocks are indicators of broad market strength or weakness, so that makes it imperative to watch what short sellers are doing. 24/7 Wall St. has tracked…
These are this the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday, January 8.
courtesy of TwitterShares of Twitter Inc. (NYSE: TWTR) tumbled 4% Monday following a downgrade to Underweight by Morgan Stanley (NYSE: MS). The stock continues its slide today, dropping another 6.5% with no…
When a firm that co-managed an initial public offering (IPO) cuts its rate on the stock that it recently backed, people notice. That is what happened Monday morning with shares of Twitter.
Courtesy RosneftGlobal mega-bank Morgan Stanley (NYSE: MS) said late Friday that it has agreed to sell its global oil trading business to Russia’s state-controlled oil giant OAO Rosneft for an undisclosed sum.…
Public domain via Wikimedia CommonsWith an expected vote due next Monday on the so-called Volcker rule, one question on big bank stocks is whether the impact of that rule has been fully…
ThinkstockStocks have pulled back ahead of the jobs data, and investors need to be considering how to position their portfolios going into year-end and 2014. 24/7 Wall St. reviews many Wall Street…
ThinkstockFour of the largest U.S. banks saw their ratings from Moody’s Investors Service cut on Thursday. The agency cited the reduced likelihood that the government would help Bank of New York Mellon…
ThinkstockThe UBS proprietary institutional flow data indicates that hedge funds are increasing exposure to financials and decreasing exposure to health care. Given that health care has outperformed significantly year to date, hedge…
ThinkstockAs the third-quarter earnings season gets underway, investor angst has been fueled on several fronts, not least by the continued showdown in Washington that has threatened to hijack global equity markets. As…
Frank Golhen, via Wikimedia CommonsIn the midst of the start of earnings season and in the midst of a Fitch credit ratings warning to the United States, a key decision has been made by the…
ThinkstockAfter the market implosion of 2007 and 2008, the major U.S. banks were all reeling from the same disease. The housing bust and the slew of horrible mortgage backed securities deals that…
The equity strategy team and the market analysts at Deutsche Bank are starting to feel pretty comfortable that the rest of this year and beyond could really start to show some positive…
ThinkstockThe big banks have gone to considerable lengths to mend the weaknesses that they were in before, during and after the recession. The public perception of the big banks is not very…
Wikimedia CommonsBeing an executive at J.P. Morgan Chase & Co. (NYSE: JPM) can be no easy job at the moment. This is one of only a few large institutions that could have…
