U.S. Trade Deficit Up 8.5% in April
Courtesy Maersk LineThe U.S. Census Bureau and the Bureau of Economic Analysis reported this morning that the U.S. trade deficit for April totaled $40.3 billion, up from $37.1 billion in March. U.S. exports rose…
Courtesy Maersk LineThe U.S. Census Bureau and the Bureau of Economic Analysis reported this morning that the U.S. trade deficit for April totaled $40.3 billion, up from $37.1 billion in March. U.S. exports rose…
ThinkstockOppenheimer is of the opinion that some underperforming technology companies could attract even more activist investors attention. Dan Loeb is accomplishing things at Sony Corp. (NYSE: SNE), as is Carl Icahn (maybe) with his…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, June 4, 2013. They include FedEx, GE, Ulta Salon and Walmart.
ThinkstockWhile discussing the future of France’s financial situation, the International Monetary Fund (IMF) did a bit of bashing of the local government. According to the IMFs France Consultation report: Amid persistent uncertainty and weakness…
ThinkstockA Lenovo Smartphone Asian PC giant Lenovo has joined the long line of companies that plan to enter the very crowded smartphone market. Is it any wonder? PC sales have fallen through the floor,…
MicrosoftSAC Capital Advisers could lose most of its outside investors by next year. (Reuters) Bank of America Corp. (NYSE: BAC) will struggle in court to get approval of its $8.5 billion settlement over the…
ThinkstockThe State of Illinois has just seen its credit rating downgraded to A- from A for the state’s general obligation bonds. This downgrade covers some $27.5 billion. Fitch also said that the ratings related to…
U.S. equity markets opened higher this morning following a slightly upbeat report on eurozone manufacturing PMI. While not yet in positive territory, eurozone PMI rose as a whole and rose in most European countries…
ThinkstockA company called Tecogen Inc. has filed for an initial public offering. No terms or conditions have been set, although it is likely to be a small IPO as the company filed for up to…
The buyout of BMC Software Inc. (NASDAQ: BMC) sounds like a decent deal for shareholders on the surface. The problem is that the price peaks in the past have been higher, and what is…
ThinkstockWorrying about the creditworthiness of a small nation like Cyprus just feels so February and March now. Don’t tell that to Fitch Ratings today. The credit ratings agency has now downgraded Cyprus’s Long-term foreign…
ThinkstockThe U.S. Securities and Exchange Commission (SEC) is continuing a step toward booting microcap OTC shell companies from trading as a part of its “Operation Shell Expel” effort. Today’s round of stock trading suspensions targets…
Jon OggCredit Suisse is making some key changes to its U.S. Focus List on Monday. These are the firm’s top stocks to buy, followed by some names that are now considered as stocks to…
These are the top analyst downgrades, cautious research notes and stocks to sell from Wall Street for Monday, June 3, 2013. They include Actuant, F5 Networks, TripAdvisor and Golar LNG Partners.
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Monday, June 3, 2013. They include Best Buy, Intel, LinkedIn. Lululemon and MetLife.