ThinkstockAdobe Systems Inc. (NASDAQ: ADBE) reported fiscal second quarter 2013 results after markets closed today. The software company reported adjusted earnings per share (EPS) of $0.36 on revenue of $1.01 billion. In the same…
U.S. equity markets opened higher this morning following a benign report on U.S. inflation. The rise of just 0.1% in the May CPI very likely means that the FOMC meeting that began this morning…
ThinkstockThe current state of the global economy often is referred to now as the New Normal — a period of almost painfully slow if predictable economic progress. How long this will last remains at the…
Frank Golhen, via Wikimedia CommonsBDO USA has released its 2013 BDO IPO Halftime Report, signaling that the market for initial public offerings should remain strong. Some 64% of the 100 capital markets executives surveyed at…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, June 18, 2013. They include Intuitive Surgical, Palo Alto Networks and T-Mobile US.
ThinkstockLike many firms on Wall Street, technology is a major theme for the balance of the year. Deutsche Bank A.G. (NYSE: DB) launched its “tech enduring eight” basket of stocks to buy earlier this year,…
The research team at UBS A.G. (NYSE: UBS) has released what Wall Street calls a Q-GARP list, which is simply “quality growth at a reasonable price.” Most investors will know this by GARP, growth at…
ThinkstockIt seems that investors suddenly have grown to dislike dividend-paying stocks, if you have been watching many of the riskier, high-dividend and high-payout sectors while interest rates have been on the rise. The notion…
ThinkstockQuintiles Transnational Holdings Inc. (NYSE: Q) has seen its so-called analyst quiet period come to an end. The company’s IPO was close to $950 million, which had been an upsized offering at $40.00 per…
ThinkstockA statement from the G8 conference said that while the global economy may be in the midst of a recovery, there remain a number of trap doors that could open and swallow the progress.…
courtesy of Sony Corp.As a means to pressure Sony Corp. (NYSE: SNE) to spin out its entertainment division, Third Point, which is controlled by activist investor David Loeb, said it has upped its ownership…
ThinkstockChina issued its data on home sales prices in May for the nation’s large and mid-sized cities. Activity surged. The National Bureau of Statistics of China made the announcement. On its face, the data…
ThinkstockSprint Nextel Corp. (NYSE: S), desperate to hold on to a deal to be bought out by Softbank and keep its play to buy Clearwire Corp. (NASDAQ: CLWR) for its 4G spectrum, sued Dish…
U.S. equity markets opened higher this morning not on any particular news, but likely more influenced by tomorrow’s start of the Fed’s June meeting and Wednesday’s announcement of interest rates. Shares traded higher until…
ChannelAdvisor Corporation (NYSE: ECOM) is rising after the so-called analyst quiet period after its initial public offering has ended. It turns out that most of the analysts were very positive in their ratings as…