Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen so far from Wall St, research calls this Monday: American Express Co. (NYSE: AXP) cut to Neutral on valuation/price at Goldman…
ThinkstockAfter a solid year for information technology spending by major corporations in 2012, companies surveyed by analysts at UBS A.G. (NYSE: UBS) suggest that spending will decline in 2013. In fact estimates have dropped to growth…
courtesy of Apple Inc.A reduction in orders for display screens could mean that sales of the iPhone 5 from Apple Inc. (NASDAQ: AAPL) are not going to meet the heady projections many analysts and…
courtesy of Apple Inc.Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple almost certainly will keep first place, well ahead…
courtesy Airbus S.A.Falling European Factory Output Factory output across Europe continued to collapse in November, which will cause economists to extend the period during which they expect most nations in the region to stay…
ThinkstockThe European Commission took the position regarding a United Parcel Service Inc. (NYSE: UPS) buyout of TNT Express that the rules are the rules, at least in so far as their officials see them. Its…
ThinkstockThe pollution in Beijing has forced the government to strongly suggest people stay inside. Reuters reported that air quality was so bad “pollution (was) 30-45 times above recommended safety levels.” The problem likely will get better, temporarily,…
Chicago Fed President Charles Evans says he expects gross domestic product to rise 2.5% this year. (Reuters) The U.S. government’s sale of shares in General Motors Co. (NYSE: GM) may help the company’s wounded…
U.S. equity markets opened slightly lower this morning as data from Europe and Asia combined with a larger than expected U.S. trade deficit to pour cool, if not cold, water on the opening. In…
ThinkstockThe U.S. federal budget nearly broke even last month. Compared with deficits of $120 billion in October and $172 billion in November, December’s $260 million is very low. For the 2013 fiscal year to…
Frank Golhen, via Wikimedia CommonsThis coming week is going to be the real opening of the floodgates when it comes to earnings season. 24/7 Wall St. has screened through dozens and dozens of coming…
ThinkstockThe 2012 to 2013 Flu Season is in full force and it looks stronger than we have seen in years. If you look at the Google map of the Flu season the outbreak map…
ThinkstockThis morning’s report on a wider than expected U.S. trade deficit is leading many economists to revise downward their forecasts for fourth quarter U.S. GDP growth. The November deficit totaled $48.7 billion, up from…
This week Cantor Fitzgerald released its inaugural list of “Conviction” equity ideas for 2013. Far from being a copycat list that mimics every other large bulge bracket firm on the street, the firm produced…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research firms this Friday. ADTRAN Inc. (NASDAQ: ADTN) maintained Underperform but named Bear of the Day at Zacks.…