Short sellers moved into bank stocks ahead of the sell-off based on data for the period that ended July 29. Shares sold short in JPMorgan (NYSE: JPM) rose 17% to 33.6 million.…
The Federal Reserve is under pressure to offer solutions to falling markets and a slow economy. (Reuters) The Swiss franc hits a record against the euro. (Reuters) Bank of America (NYSE: BAC)…
IBM (NYSE: IBM) posted extraordinarily strong earnings for the quarter that ended June 30. The news caused the technology giant’s shares to slip after hours and then rise very slightly. The market’s…
Microsoft (NASDAQ: MSFT) launched its new cloud product, Office 365. Many of the business clients of the world’s largest software company no longer want Office to run on their PCs and servers.…
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…
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…
Jon C. Ogg 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…
