JC Penney: Ackman’s Mistake
William Ackman’s Pershing Square Capital Management has dumped more money into J.C. Penney. It is a mistake, unless he has some undisclosed plan to mine assets which are not obvious or break…
William Ackman’s Pershing Square Capital Management has dumped more money into J.C. Penney. It is a mistake, unless he has some undisclosed plan to mine assets which are not obvious or break…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. AerCap Holdings N.V. (NYSE: AER) Started as Outperform with $16 target…
Hewlett-Packard (NYSE: HPQ) may spin off its PC business because it bought enterprise software firm Autonomy for $10.3 billion. (Reuters) News Corp. (NASDAQ: NWS) begins to prepare for the possibility that James…
A 4% collapse of the markets today pushed the DJIA under 11,000 for the second time in two weeks. The market sentiment now is such that the index may be under that…
Sears Holdings Corp. (NASDAQ: SHLD) posted a 52-week low on the first trading day after the downgrade of US debt. That low point might not last too long given the company’s second…
The coming week has many key earnings reports, some tech and some retail. We have tracked the major reports by day, shown Thomson Reuters estimates, as well as given price action, and…
Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and credit of the United States, dismal GDP data, and ongoing weak…
Covering gainers on a day when the DJIA rose more than 400 points after a 600 point drop the prior day can be a bit challenging because many moves are exaggerated. What…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Amazon.com Inc. (NASDAQ: AMZN) Started as Neutral at Collins Stewart. Baidu,…
Jon OggEach morning we cover about fifteen top analyst calls for investors and traders to consider. Some calls offer great insight, and some are quite literally career-killing flops. At the end of…
Typically, 24/7 Wall St. waits a year – six months in the case of recessions – to report on how our predictions for which brands will disappear turned out. This year we’re…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Accenture plc (NYSE: ACN) Reiterated Buy and Raised target at Argus.…
Continued success of the Apple (NASDAQ: AAPL) iPhone and the chance that a new version of the smartphone would launch in September pressures Motorola Mobility’s shares. A battle between Walgreen’s and joint…
Sears Holdings Corporation (NASDAQ: SHLD) is shrinking its empire, sort of. The company is spinning off its Orchard Supply Hardware Stores Corporation holdings to its shareholders. Sears holds effectively all of the…
Nokia24/7 Wall St. has created a new list of brands that will disappear, which includes Sears (NASDAQ:SHLD), Sony Pictures (NYSE:SNE), American Apparel (NYSE:APP), Nokia (NYSE:NOK), Saab, A&W All-American Foods Restaurants, Soap Opera…