China’s PMI Rocket Slows
ThinkstockChina’s temporary return to wild growth reversed itself, as evidence showed once again that its economy cannot be decoupled from the rest of the world. Whatever effects of the global recession might linger around…
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Newest first · Page 12024/7 Wall St. Closing Bell — January 31, 2013: Markets Slip Again (HES, STX, QCOMM, FIO, CMA, CTXS, COP, EA, FB, JDSU, LVS, AET, MO, AN, CL, DNKN, MA, PHM, TWC, UPS, BYI, GDOT, WYNN, CVX, XOM, MAT, MRK, NOV, TSN, RIMM, WMS, SGMS, STZ)
U.S. equity markets opened lower this morning following a mixed bag of data on the U.S. economy and mixed earnings results out this morning. In Europe, Germany’s retail sales fell sharply this month, but…
Finally, an ETF for High-Quality Corporate Accounting Practices (FLAG, HDGE)
ThinkstockIt is frequently said that there is an exchange-traded fund (or ETF) for just about every sort of investment strategy. There are even some ETFs with strategies that are either hard to understand or…
Top Analyst Upgrades and Downgrades (CMA, FB, FIO, HES, JDSU, KMB, LOGI, QCOM, RIMM, RF, STX, SFD, UTX)
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Comerica Inc. (NYSE: CMA) cut to Underperform at Bernstein. Facebook Inc. (NASDAQ: FB) has taken three…
What’s Important in the Financial World (1/31/2013)
Courtesy General Motors Co.German Employment Bump Germany’s Federal Labor Agency reported that unemployment in the country improved very slightly in January. Those unemployed dropped a mere 16,000 to a seasonally adjusted 2.92 million. Bloomberg…
Facebook Not Growing Much Faster Than Google
courtesy of Google Inc.The market barely reacted to news that Facebook Inc.’s (NASDAQ: FB) revenue spiked higher by 40% to $1.585 billion in the fourth quarter of last year, as compared to the same…
Media Digest (1/31/2013) Reuters, WSJ, NY Times
courtesy of MicrosoftIran’s oil exports rise sharply in December, despite sanctions. (Reuters) Deutsche Bank A.G. (NYSE: DB) has a large fourth-quarter loss as it rids its balance sheet of bad assets. (Reuters) Citigroup Inc.…
24/7 Wall St. Closing Bell — January 30, 2013: Markets Slide on GDP, Fed Stimulus (WBSN, JBLU, KBH, YUM, CSCO, AMZN, BRCM, RYL, RHI, BA, ADT, LLL, PSX, NOC, SO, CTXS, COP, EA, FB, JDSU, LVS, AET, MO, AN, CL, DNKN, MA, PHM, TWC, UPS, RIMM, CHK, VTUS)
U.S. equity markets opened mixed this morning following a depressing report on U.S. GDP growth, which turned out to be negative (more coverage here). Even a good jobs report from ADP couldn’t overcome the…
AMD Gets Cut Further into Junk Ratings by Fitch
ThinkstockJust when you think that things cannot get any worse at Advanced Micro Devices Inc. (NYSE: AMD), they get worse. Fitch ratings has now downgraded AMD’s corporate credit rating today. This is not normal…
Cities Paying the Most for Sports Teams
ThinkstockOn February 3, New Orleans will host Super Bowl XLVII in one of the biggest television and tourism events of the year. Cities across the nation hope to host the game, which brings potentially…
Today’s Market Winners and Losers
The stock market is down Wednesday, with the Dow Jones Industrial Average down 0.04%, the Nasdaq down 0.04% and the S&P 500 down 0.14%. Today’s winners are a clinical trial management firm that is going…
Top Analyst Upgrades and Downgrades (AMZN, MT, CSCO, GLNG, HOG, JBLU, KBH, LEN, OPEN, PLD, PFE, RMD, SAP, TPX, USB, WBSN, YUM)
Jon OggThese are this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Amazon.com Inc. (NASDAQ: AMZN) cut to Outperform at CLSA and maintained Outperform and target raised to $334…
DJIA 14,000 Still Offers More Big Upside for Stocks in 2013
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, investors have…
Spain Finally Implodes
ThinkstockThe primary concern about Spain’s financial situation has been that its economy would disintegrate to the point at which it had no hope of addressing such horrible problems as 25% unemployment and its need…
Amazon Marches Toward $100 Billion in Revenue
Wikimedia CommonsBased on a crude calculation of Amazon.com Inc.’s (NASDAQ: AMZN) holiday sales, its forecast revenue for the current quarter and its revenue growth rate, the e-commerce’s firm will reach $100 billion in annual…