thinkstockWith a down to the wire timing that has become a tradition in Washington D.C., the House and the Senate approved what is being called the The American Taxpayer Relief Act of 2012. While…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research firms this Thursday. Alcatel-Lucent S.A. (NYSE: ALU) raised to Neutral from Sell at Credit Suisse. Bank of…
Jon Ogg24/7 Wall St. has already identified its 2013 peak target for the Dow Jones Industrial Average of 14,590, which would translate to gains of more than 11.3% for investors. What is interesting is…
Late Wednesday, Jefferies Group Inc. (NYSE: JEF) added three new domestic names to its Global Conviction buy list. Apple Inc. (NASDAQ: AAPL), Celanese Corp. (NYSE: CE) and HMS Holdings Corp. (NASDAQ: HMSY) were all added…
ThinkstockChina’s Service Sector In one more sign that China not only dodged the recession but has been largely unaffected by the economy of the rest of the world, its services sector expanded again in…
courtesy of NetflixChina’s services index rises to 56.1 in December, a sign of healthy expansion. (Reuters) Apple Inc. (NASDAQ: AAPL) tests a new iPhone and iOS 7. (Reuters) A court rejects an Apple suit…
U.S. equity markets opened sharply higher this morning following approval last night from the U.S. House of Representatives of a bill that preserves some tax cuts, eliminates others, and basically kicks the can down…
Any tax legislation worth the name carries with it a host of hangers on that represent special gifts to special interests. The American Taxpayer Relief Act of 2012 is no different. Here is a…
ThinkstockUrban experts have a sure-fire way of telling whether a neighborhood has turned the corner from dowdy to prosperous — it’s called the Starbucks test. “You’re probably well past up-and-coming once a Starbucks moves…
ThinkstockThe Institute for Supply Management (ISM) reported this morning that its manufacturing survey rose to 50.7% in December, up 1.2% from November’s reading of 49.5%. The rise is only the third in the past…
ThinkstockResearch firm Markit Economics reported that the final U.S. purchasing manager’s index (PMI) rose from 52.8 in November to 54 in December, the highest index reading in seven months. The final reading was somewhat…
ThinkstockHP Asset Sales Hewlett-Packard Co. (NYSE: HPQ) has filed its 10-K, and among its top disclosures was that the troubled tech company may sell some of its assets. Actually, the comments should not surprise…
As each new year arrives, 24/7 Wall St. looks at each of the 30 Dow Jones Industrial Average components and assigns a forward value for the Dow based on a mixed methodology. We have…
courtesy of YouTubeThe U.S. House of Representatives passes a bill to avoid the fiscal cliff but leaves open issues about the debt cap. (Reuters) Reports from several large nations in Asia show manufacturing up…