Major indexes reacted positively to this morning’s non-farm payrolls report and the drop in the US unemployment rate from 8.5% to 8.3%. Expectations for the unemployment rate had been no better than…
There is an interesting research report in shares of International Paper (NYSE: IP). A report from Zacks may have some impact on the company and also in shares of MeadWestvaco Corporation (NYSE: MWV)…
Argus has made quite a few changes to its model portfolio for 2012 after the first week of trading this year. The company has broken these out in equity income, growth and…
Markets opened lower this morning, and continued to fall before holding at around -150 points for most of the day on the DJIA. Japan’s yen sale pushed the dollar sharply higher and…
Jon OggThese are some of Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Aetna Inc. (NYSE: AET) Raised to Conviction Buy List at Goldman Sachs. AMERIGROUP Corporation…
Markets opened slightly lower this morning and spent the morning trying to decide on a direction. The Reuters/University of Michigan Consumer Sentiment Index rose more than expected, but even that was not…
While the debate rages over whether or not the U.S. should enact legislation aimed to curb currency manipulation — and specifically the Chinese peg to the U.S. dollar — the impact of…
Weyerhaeuser Co. (NYSE: WY) reported a -29% decline in profits this morning. The company’s EPS came in at $0.02, compared with estimates of $0.19. Weyerhaeuser also missed on revenue, posting a number…
A contract for 110,000 board feet of lumber traded for as much as $320 in mid-March before plummeting below $220 in mid-June. Now lumber is rising again and it could be one…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. AEGON (NYSE: AEG) Raised to Buy at BofA/ML. AFLAC Inc. (NYSE: AFL)…
Today’s commodities news is all about the effect of a stronger dollar on commodities prices. Cotton prices, which rose almost non-stop beginning in August 2010, could be moderating and giving a break…
Today’s commodities news is not quite a repeat of yesterday’s because oil is staying essentially flat and yesterday’s commodities sell-off is not being repeated. Wheat prices, however are continuing to fall, as…
Today’s report on commodities begins with some sobering news from Chinese steel makers and some roaring news from a maker of heavy equipment. Lumber prices remain low, but arabica coffee beans are…
It’s 4:00 pm and time for our daily look at commodity prices and news. Today’s biggest upside move in ag products came in cotton, up about 3.5%, while wool was up about…
These are some of this Monday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. ADTRAN Inc. (NASDAQ: ADTN) Raised to Buy at BofA/ML. Aetna Inc. (NYSE:…
