Media Digest (6/24/2011) Reuters, WSJ, NYT, FT, Bloomberg
The IEA and OPEC disagreed about the size of oil reserves. (Reuters) Greece has an agreement with the EU and IMF along with new austerity plans. (Reuters) A Reuters poll says most…
The IEA and OPEC disagreed about the size of oil reserves. (Reuters) Greece has an agreement with the EU and IMF along with new austerity plans. (Reuters) A Reuters poll says most…
Oracle Corporation (NASDAQ: ORCL) managed to beat earnings, but shares are lower on the report because Wall Street was not impressed. It reported $0.75 EPS on a 12% gain in sales with…
When it comes to the world of supercomputing, there is no other pure-play like Cray Inc. (NASDAQ: CRAY). It is also perhaps one of the forgotten companies of yesteryear by investors as…
Earnings season is supposed to be over. Guess again. This coming week is going to feel like the earnings floodgates are open and the companies reporting have market-moving and sector-moving abilities. Monday…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Altera Corporation (NASDAQ: ALTR) Raised to Outperform as Bull of the…
Research In Motion (NASDAQ RIMM) shares were badly hurt due to weak earnings and an anemic forecast. (Reuters) Capital One will buy ING’s online unit for $9 billion. (Reuters) Oracle (NASDAQ: ORCL)…
Something is happening at Google Inc. (NASDAQ: GOOG). Something bad. That is what its chart is saying. Google’s stock has today broke down under the $500.00 mark for the first time since…
Hackers attacked the CIA website. (Reuters) Citigroup (NYSE: C) said data on 360,000 customers was stolen nearly a month ago. (Reuters) Greek debt and concerns about economic slowdown hurt stock prices worldwide.…
Updated throughout the day The Administration will try to get business leaders to support concerns that failure to raise the debt cap could be dangerous for the economy (Reuters) Obama has pushed…
In times of uncertainty, most investors either go to bonds or go to defensive and dividend stocks. So, why on earth is Zacks featuring its “Top 5 Growth Mutual Funds” as its…
Any CEO can change his management team. But, chess is not won by the use of new pieces. It is won by a strategy of attack and defense. Hewlett-Packard’s hapless new CEO,…
One school of thought about negative publicity is that its impact dissipates over time. It is hard to disprove that theory, especially in the case of large companies. And sometimes it takes…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. American International Group, Inc. (NYSE: AIG) Started as Buy at BofA/ML.…
Short sellers must not agree with the conventional wisdom that high gas prices and unemployment will keep Americans out of stores and malls this summer. These investors decreased their negative bets against…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Air Lease Corporation (NYSE: AL) Started as Outperform at Credit Suisse.…