Jon OggThese are some of this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. AMAG Pharmaceuticals Inc. (NASDAQ: AMAG) raised to Neutral at J.P. Morgan. AON Corp. (NYSE: AON) cut to…
thinkstockThis weekend, something new surfaced in the battle of the federal budget. President Obama suggested something that until recently was unthinkable. Cuts in entitlements, which includes Social Security and Medicare, could be used to balance…
ThinkstockShanghai Composite Falls The Shanghai Composite, the exchange where most large Chinese companies trade, dropped 3.7%. The reason stated by experts was that planned government restrictions on cheap money for home buying would end. If…
ThinkstockBy a few measurements, Russia is a rich country, particularly in its oil reserves, which are among the 10 largest in the world. However, by other measures, most directly gross domestic product and GDP…
President Obama suggests cuts in Social Security and Medicare to end a battle over budget cuts. (Reuters) Bristol-Myers Squibb Co. (NYSE: BMY) may try a large acquisition to improve its fortunes. (WSJ) Spending among…
U.S. equity markets opened lower this morning following a number of disappointing data releases in Europe and Asia. Eurozone PMI remains on the pessimistic side, with a reading of 47.9, and the unemployment rate…
Thinkstock24/7 Wall St. often looks for crazy volume moves and there are more than just a handful today. AFC Enterprises, Inc. (NASDAQ: AFCE) is up 8% at $32.41 after being called a Buy by…
ThinkstockGovernor Rick Snyder of Michigan said today that he will in fact appoint an emergency financial manager for the city of Detroit. He said he has a candidate in mind but did not name…
President Obama gave his speech today about the spending sequestration kicking in. We are going to skip the politics on the matter because frankly we have developed something called Cronic Ridiculously Absurd Political Fatigue Syndrome.…
ThinkstockAlthough same-sex marriage is now legal in nine U.S. states and the District of Columbia, it is still illegal in the United States. And for the purposes of filing a federal tax return, same-sex…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Air Lease Corp. (NYSE: AL) named Bull of the Day as “earnings takeoff” at Zacks.…
ThinkstockFor more than a year now, the big story about Glencore International Ltd. has been its effort to take over mining company Xstrata. But an exclusive report at Reuters today could change all that.…
ThinkstockEuropean Unemployment Rises Euro area unemployment rose again, a sign that austerity has not helped alleviate economic markets and likely has caused an erosion of jobs. According to Eurostat figures: The euro area (EA17) seasonally-adjusted unemployment rate was 11.9%…
courtesy of Groupon Inc.Groupon Inc. (NASDAQ: GRPN) ex-CEO Andrew Mason has a chance to pay back some of the stock losses suffered by his shareholders, based on his huge holdings in the public company,…
courtesy of NetflixChina’s PMI slips to a slow 50.1 in February, a signal of slacking demand for manufactured goods. (Reuters) Groupon Inc. (NASDAQ: GRPN) fires its CEO after poor financial performance. (Reuters) Americans added…