Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. CenturyLink Inc. (NYSE: CTL) cut to Neutral at J.P. Morgan, cut to Reduce at Nomura…
2012 earnings season is wrapping up in the United States, and corporate America is set to log its third consecutive quarter of lackluster earnings growth, issuing guidance that is on average below consensus estimates.…
ThinkstockAs if the news of economic contraction in Japan, Germany and France in the fourth quarter of last year was not bad enough, new data from Eurostat shows the euro area and EU27 have fallen…
ThinkstockThe viability of SAC Capital Advisors as a large hedge operations was undercut by evidence that probably will show more traces of illegal behavior at the firm. Clients supposedly have started to pull out money…
ThinkstockAnheuser-Busch InBev N.V. (NYSE: BUD) may yet buy Mexican brewer Grupo Modelo, despite early resistance from the U.S. Department of Justice. To close a transaction, the larger company probably will offer terms that DOJ will find more…
ThinkstockRecessions are defined by most experts as two quarters of contraction of gross domestic product. Deep problems with national economic situations cannot be described quite as simply. Japanese GDP data just released showed that the…
TheDapperDan via Wikimedia CommonsEuropean Recession As if the news of economic contraction in Japan, Germany and France in the fourth quarter of last year was not bad enough, new data from Eurostat shows the euro…
Outerwall Inc.The German and French economies contracted in the final three months of 2012. (Reuters) The merger of American Airlines and U.S. Airways Group Inc. (NYSE: LCC) is approved by each company’s board. (Reuters)…
ThinkstockEconomic data issued by the Japanese government proved what many economists have feared. Japan, the world’s third largest nation by GDP, has gone into a recession, joining the largest area by GDP-the Eurozone. Add this to America, where…
courtesy of Cisco SystemsCisco Systems Inc. (NASDAQ: CSCO) is out with its quarterly earnings report. The technology and communications equipment giant reported earnings of $0.51 EPS and $12.1 billion in revenue. The Thomson Reuters…
U.S. equity markets opened higher this morning following a closely watched report on U.S. retail sales came in about as expected (more coverage here). U.S. business inventories rose less than expected in December (more…
Leon Cooperman of Omega Advisors, Inc. is a hedge fund manager that can move stocks. The newest 13-F filing at the SEC shows that he made some significant portfolio changes as of the end…
courtesy of Cisco SystemsCisco Systems Inc. (NASDAQ: CSCO) may have had trouble over the past couple of years in growing its share price, but now hours ahead of earnings the stock is about 1.5%…
Insiders are still selling shares. Most investors have heard that Eric Schmidt is selling out of about $2.5 billion worth of Google Inc. (NASDAQ: GOOG) shares, but there are many other large insider selling…
ThinkstockLast night in his State of the Union speech, President Obama referred to a “state-of-the-art lab where new workers are mastering the 3D printing that has the potential to revolutionize the way we make…