Bank stocks will rebound and telecom shares will rise. That is, at least, the prevailing opinion among short sellers as of October 15. Telecom and telecom equipment shares will benefit from an…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Some of the most active stocks or largest moves…
Almost no one expected Nokia (NYSE: NOK) to post strong third quarter earnings, but it did. Revenue rose 5% to 10.27 billion euros. Operating profit rose to 423 million euros from a…
Douglas A. McIntyre Reuters: Wall St. was disappointed by Yahoo!’s (NASDAQ: YHOO) revenue forecast. Reuters: French police unblocked the fuel deposites held by strikers against auterity. Reuters: The CEO of Research In Motion (NASDAQ: RIMM)…
There were some interesting takeaways from Apple’s conference call and its Q&A session of that call. The call ended right about 6:00 PM EST. Despite a blowout in sales and earnings and…
Reuters: The federal government will supply states with $1.5 billion in funds for small businesses. Reuters: Financial leaders around the world have begun to work to stop a currency war. Reuters: Japan…
Active traders have many stocks to choose from this Wednesday. We are tracking news and moves in shares of Allied Irish Banks plc (NYSE: AIB), Bank of Ireland (NYSE: IRE), American International…
Reuters: China said legislation aimed at a devaluation of the yuan violated WTO regulations. Reuters: IPOs do poorly in the People’s Republic now but can raise money from overseas investors. Reuters: The…
Moody’s downgraded the senior debt rating of Anglo Irish Bank by three notches to Baa3 from A3. Hapoalim Securities negative on Trina (NYSE: TSL)–hold– and Solartech Power (NYSE: STP)–sell. Sanford Bernstein takes…
These are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research notes: Adobe Systems, Inc. (NASDAQ: ADBE) Cut to Neutral at Robert W. Baird; Cut to…
MarketWatch: The Chinese let the yuan rise perhaps because of pressure from the US. Reuters: The BHP Billiton (NYSE: BHP) bid for Potash (NYSE: POT) may go into 2011 as the Australian…
Barclays raised Ford (NYSE: F) to “overweight” from “equal weight” with a $16 target. Credit Suisse upgraded NetFlix (NASDAQ: NFLX) to “neutral” from “underperform” Morgan Stanley downgraded BT Group from “overweight” to…
Research In Motion (NASDAQ: RIMM) is no longer the major challenge to the sales of Apple Inc (NASDAQ: AAPL) iPhone. Google Inc. (NASDAQ: GOOG) Android-powered smartphones are. New data from comScore show…
Reuters: Japan says it is ready to move into the forex market to support the yen. Reuters: George Soros says that China was the big winner coming out of the recession. Reuters: …
These are some of the top analyst research calls for upgrades, downgrades, and initiations this Wednesday morning on Wall Street: Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) Cut to Market Perform at BMO. ARM…
