These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. Active Network Inc. (NYSE: ACTV) raised to Buy at BofA/ML. Allergan Inc. (NYSE: AGN)…
ThinkstockMerck & Co. (NYSE: MRK) has joined the dividend hike brigade. We were not sure if the pharmaceutical giant was going to hike its payout, but it has. The company’s board of…
ThinkstockThe U.S. Securities and Exchange Commission (SEC) today filed criminal charges against a former SAC Capital Advisors hedge-fund manager related to an insider trading scheme that generated profits and avoided losses of…
Paul Ausick courtesy of BP plcBP plc (NYSE: BP) has agreed to pay a total of $4.5 billion dollars and to plead guilty to 11 felony charges in a criminal case brought by the…
courtesy of BP plcThe U.S. Department of Justice and BP PLC (NYSE: BP) have reportedly reached an agreement on the penalties the company will face related to the blowout of its Macondo…
courtesy of AppleIn its third annual ranking of the world’s most innovative companies, analysts at Booz & Co. created two lists: one based on dollars spent and the other based on asking…
Wikimedia CommonsPfizer Inc. (NYSE: PFE) has announced that the U.S. Food and Drug Administration approved its drug candidate called XELJANZ. The treatment here is for rheumatoid arthritis and this is the 5…
Jon C. Ogg Wikimedia CommonsPfizer Inc. (NYSE: PFE) is out with its earnings report for the third quarter, and the drug giant reported that revenues were down 16% to $14.0 billion. Some 12% was due…
Jon C. Ogg Wikimedia CommonsSome companies reportedly have decided to delay their earnings reports as Hurricane Sandy heads for the East Coast and the major U.S. markets are close today, and possibly Tuesday. According to…
Pfizer Inc. (NYSE: PFE) said today that it will acquire privately held NextWave Pharmaceuticals. NextWave is a specialty pharmaceutical company that focuses on the development and commercialization of products for the treatment…
Trey Thoelcke The coming fiscal cliff represents a huge hurdle for America. Government and private sector forecasters have warned that the expiration of tax cuts, along with hundreds of billions of dollars in government…
The three major U.S. stock indexes opened lower this morning following a weaker-than-expected report on U.S. personal income and inline personal consumption spending (more coverage here). U.S. markets followed Europe, where today’s…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday. ADTRAN Inc. (NASDAQ: ADTN) cut to Underperform at BofA/ML. AGCO Corp. (NYSE: AGCO) named…
The fiscal cliff has been described as a potential disaster for the finances of individuals and corporations alike. If Congress and the White House do not reach an agreement on the budget…
While many individual Americans are struggling financially, some of the largest corporations in the United States are sitting on billions in cash. Moody’s pointed out in March that U.S. nonfinancial companies’ cash holdings rose to…
