ThinkstockIn the strong rally in the stock market since the beginning of the year, financials and transports have provided exactly the kind of leadership that many equity strategists look for and that…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Amgen Inc. (NASDAQ: AMGN) cut to Market Perform at William Blair. AOL Inc.…
U.S. equity markets opened lower this morning before bouncing into positive territory briefly and then turning south again. As happened yesterday, the focus was on Europe, where Italy’s oldest bank was expected…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall S. research calls. We have calls in banks, solar, tech, biotech and more. Arch Coal Inc.…
January has been one great month for equity investors. With the Dow Jones Industrial Average up about 6.5% and challenging 14,000 again, and the S&P up more than 5.5% back above 1,500,…
Last night we saw the news that Wells Fargo & Co. (NYSE: WFC) hiked its dividend to show that it has the top position of core banking strength in America. We expect…
ThinkstockWells Fargo & Co. (NYSE: WFC) has delivered on what we expect to be the first of the likely big bank dividend hikes in 2013. We would look for J.P. Morgan Chase…
courtesy of NetflixU.S. investigations of the Boeing Co. (NYSE: BA) 787 Dreamliner focus on its main battery. (Reuters) Intel Corp. (NASDAQ: INTC) offers a weak outlook for future quarters. (Reuters) China’s gross…
ThinkstockThe banking sector has by and large traded at a discount to its stated book value for quite some time. Many banks are still trading under their tangible book value, meaning that…
courtesy of Apple Inc.Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple almost certainly will keep first place,…
U.S. equity markets opened slightly lower this morning as data from Europe and Asia combined with a larger than expected U.S. trade deficit to pour cool, if not cold, water on the…
ThinkstockWells Fargo & Co. (NYSE: WFC) reported fourth-quarter 2012 and full-year results this morning. The bank reported quarterly diluted earnings per share (EPS) that totaled $0.91 on revenue of $21.9 billion. In…
Paul Ausick U.S. equity markets opened higher this morning even though the number of new U.S. claims for unemployment benefits rose more than expected before markets opened (more coverage here). The news was more…
ThinkstockWells Fargo & Company (NYSE: WFC) is set to report earnings early on Friday morning. We voted this bank as the safest of the money-center banks before and that still stands. This…
ThinkstockThe Office of the Comptroller of the Currency and the Federal Reserve announced this morning that the agencies have reached an agreement with 10 banks to settle enforcement actions related to “deficient…
