Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades and initiations seen from select Wall St. research calls. Amazon.com Inc. (NASDAQ: AMZN) cut to Neutral from Overweight at J.P. Morgan.…
U.S. equity markets opened lower this morning after France reported a decline in industrial production and China reported consumer inflation up more than expected (more coverage here). There was no significant data…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Adobe Systems Inc. (NASDAQ: ADBE) cut to Neutral at BofA/Merrill Lynch. Altera Corp.…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Alcatel-Lucent S.A. (NYSE: ALU) was given positive comments on its new CEO but…
Jon OggThese are this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Amazon.com Inc. (NASDAQ: AMZN) cut to Outperform at CLSA and maintained Outperform and target raised…
U.S. equity markets opened mixed this morning, with the Nasdaq Composite lower on a weak quarterly earnings report last night from Intel Corp. (NASDAQ: INTC). The big news for today came out…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen so far this Friday from Wall St. research calls: ArcelorMittal (NYSE: MT) raised to Neutral from Sell at Goldman…
ThinkstockArcelorMittal (NYSE: MT), the world’s largest steelmaker by volume, has announced a set of moves that are interesting if only because of their variety. First, the company plans to restart one of…
Paul Ausick ThinkstockA shrinking global economy took a heavy toll on producers of nonprecious metals in 2012. Prices for base and industrial metals like copper, iron ore, and aluminum fell sharply as demand nearly…
ThinkstockNow that the United States has dodged the fiscal cliff, investors are expecting at least a boomlet in manufacturing and production. That means more energy and more basic materials. Coal and steel…
ThinkstockThe world’s largest steelmaker, ArcelorMittal (NYSE: MT), said this morning that it would take a noncash $4.3 billion impairment charge against the goodwill of its businesses in Europe. The charge will be…
Paul Ausick Thinkstock2012 has been a mixed year for the base metals. 24/7 Wall St. is looking into 2013 to see what the new year may bring for the sector. The long and short…
thinkstockA new deal to aid Greece may lead eventually to the forgiveness of some of its debt. (Reuters) The Obama administration decides not to name China as a currency manipulator. (Reuters) Nokia…
ThinkstockA stalled French economy continues to bleed jobs as another 45,100 job seekers joined the nearly 3.1 million French citizens already looking for work in October. The total number of unemployed French…
Paul Ausick ThinkstockSteelmaker and recycler Schnitzer Steel Industries Inc. (NASDAQ: SCHN) said today that it expects net income for its first fiscal quarter of 2013 ending this month to be breakeven before taking a…
