Gasoline prices are likely to plunge. The same economic concerns that have prompted a massive sell-off in equities have also driven down the price of crude. It has retreated to $83 from…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Annaly Capital Management (NYSE: NLY) Reiterated Outperform but Raised estimates at…
A debt deal agreed to by both parties will be voted on today (Reuters) The debt deal is likely to cause a sharp improvement in stock prices (Reuters) Hackers said they hit…
Many economists believe it is too late for the U.S. to keep its Aaa rating (Reuters) Electronic Arts (NASDAQ: ERTS) posted better-than-expect earnings (Reuters) Analysts are concerned that slow holiday sales of…
Updated throughout the day. Chrysler and Fiat will merge soon (Reuters) Walmart (NYSE: WMT) will launch a new streaming movie service (various) The USPS will announce closing of as many 3,000 offices…
Douglas A. McIntyre Germany and France reached a deal on how to handle the Greek debt crisis (MarketWatch) China’s PMI growth rate slowed to the lowest level since July 2010 (MarketWatch) Apple (NASDAQ: AAPL) may…
Congress and the Administration are closer to a conclusion of negotiations on the debt cap (Reuters) The finance minister of Greece said its viability is essential to the euro zone (Reuters) Canon…
Most of the financial media stops at mid-year to reflect on how the market performed since January 1. The effort is often fruitless. The fact that a stock, or any market, did…
There are several ways in which companies can return money to shareholders, but the two most common methods of returning cash to shareholders are dividends and stock buybacks. Dividends are rarely controversial…
It may not seem like much when gasoline costs $3.70 per gallon of regular, but Wal-Mart will cut gas prices by a dime for the next 90 days. While it may not…
China is worried that inflation will be above the government goal and result in higher interest rates as its economy slows. (Reuters) David Solomon may be the next CEO of Goldman Sachs.…
West Texas Intermediate Crude is bleeding today now that the IEA has made a coordinated release of 60 million barrels of oil. Half of that will come from the United States and…
Rite Aid Corporation (NYSE: RAD) is actually trading up on a day that the broader market is down considerably. That always makes being critical sound a bit misplaced, but we are not…
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…
One of the major stories in the Washington press this mornings is not about the deficit, the Presidential race, or members of Congress who have resigned because of indiscretions. Sears Holdings (NASDAQ:…
