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These are this Wednesday’s top 10 analyst upgrades, downgrades, and initiations seen from Wall Street morning research calls:
Analog Devices Inc. (NYSE: ADI) Raised to Outperform at Bernstein.
Annaly Capital Management (NYSE: NLY) Cut To Neutral at JPMorgan.
Baidu, Inc. (NASDAQ: BIDU) Reiterated Buy...
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businessinsider.com
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1 hr ago
about
AP
ATHENS, Greece (AP) — Greek unions say nationwide strikes will shut down all public services, closing schools, customs and tax offices, halting public transport and grounding flights for 24 hours.
Greeks have been protesting the Socialist government's harsh austerity measures, designed to curb the c...
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247wallst.com
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Mar 10, 2010
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XOM, RFMD, C and 13 moreAMZN, F, EK, MOT, XRX, SYMC, CSCO, MU, BBI, MSFT, PHM, ALU, AAPL
On the tenth anniversary of the tech bubble of 2010, short sellers aggressively dropped their bets against hardware, software and internet companies. Figures are from February 28.
The short interest in Apple (AAPL) fell 15% to 17.3 million shares. Shares short in Microsoft (MSFT) were down 5% to 53...
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marketsci.wordpress.com
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Mar 10, 2010
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A, B
This is a follow up to yesterday’s test of Fosback’s (original) seasonality strategy.
Fosback’s strategy focuses on two seasonality plays: (a) pre-holiday and (b) turn of the month bullishness. In this post I’ll look at the performance of just pre-holiday seasonality, which calls for being long the...
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businessinsider.com
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Mar 09, 2010
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AP
The California Highway Patrol released the 911 call for the latest Toyota to allegedly zoom out of control. Still sounds fishy to us. If pressing hard on the brakes and turning off the engine worked, why did it take 23 minutes and a cop with a bullhorn to figure that out?
By ELLIOT SPAGAT, Associ...
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straightstocks.com
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Mar 09, 2010
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IR
King Pharmaceuticals, Inc. (KG) and Acura Pharmaceuticals, Inc. (ACUR) recently presented positive top-line data on opioid candidate Acurox from a study that was conducted to assess the relative abuse potential of the drug.
Results from Study AP-ADF-114 (A Randomized, Double-Blind, Placebo- and Acti...
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Filed under: Citigroup Inc. (C), Bank of America (BAC), Boeing Co (BA), Comerica Inc (CMA)Today was the one-year anniversary of the stock market's peak selling day. The DJIA is up about 61% from the March 9, 2009 close. Despite many stocks being higher and transports being higher, today was one of t...
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blogs.barrons.com
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Mar 09, 2010
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PRST
Digital offset printing company Presstek (PRST) said it has agreed to pay a $400,000 civil penalty to settle an SEC investigation into the company’s financial results for its 2006 third quarter. The company said the investigation relates to matters that occurred prior to the tenure of the current ex...
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straightstocks.com
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Mar 09, 2010
about
GFF
The lowly cockroach has a tough chin. It’s survived all kinds of shocks over the years. Jungles gave way to deserts. Flatlands succumbed to urban habitats. Predators came and went over many millennia. Yet there the cockroach stood, undaunted upon its six spindly legs.
Investors could learn a few thi...
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straightstocks.com
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Mar 09, 2010
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BLDP
Clean energy fuel cell provider Ballard Power Systems recently secured a four-year, $6.2 million project in funding with the U.S. Department of Energy (DOE); Ballard was also selected as a subcontractor to U.S. technology organizations funded by the DOE. Ballard’s subsidiary, Ballard Material Produc...
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Last Wednesday President Obama made a powerful statement about reforming the wasteful manner in which federal defense contracts are awarded: "The days of giving defense contractors a blank check are over " he declared. It lasted all of three business days.Yesterday Northrop Grumman (NOC) dropped out...
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Crash Anniversary: DJIA’s 100% Gainers (BAC, AXP, AA, BA, CAT, DD, DIS, GE, HPQ, JPM, CSCO, MMM, MSFT, UTX)
247wallst.com
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Mar 09, 2010
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DD, CAT, AA and 11 moreMMM, UTX, DIS, AXP, BAC, JPM, CSCO, GE, MSFT, HPQ, BA
March 9, 2009 marked the absolute apex of selling and marked the official ending date of the bear market. At the time, many were expecting stocks to see gains because of grossly oversold conditions. Yet how many investors and traders would have guessed that so many major companies would see their...
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straightstocks.com
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Mar 09, 2010
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FSLR, NOC, HRB and 8 moreMMC, BKC, BAC, AET, CI, JPM, BA, TXN
• H&R Block (NYSE:HRB) reported fiscal third quarter results after the close. The company reported earnings of 16 cents, versus 20 cents a year ago, and ahead of Zacks estimates of 14 cents, on revenues of $935 million, slightly below Zacks estimates of $938 million
• A FT report says Marsh &...
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straightstocks.com
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Mar 09, 2010
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RIMM, AMAT, MMM and 10 moreJCG, MCD, AXP, VZ, PSS, KR, JPM, CSCO, BA, TXN
U.S. stocks started the week on a mixed note before ending the day little changed as investors appeared less enthusiastic about the strength of the economic recovery. Traders appeared concerned about President Obama’s push for the health care overhaul and reacted with caution to a fresh round of co...
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zacks.com
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Mar 09, 2010
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HON
Honeywell International Inc. (HON) announced that it has bagged a global five-year agreement to be a Main Automation Contractor for Royal Dutch Shell (RDS-A).
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zacks.com
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Mar 09, 2010
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RTN
Raytheon Company (RTN) has been awarded an $886 million U.S. Air Force contract to develop a new aspect of the Global Positioning System.
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marketsci.wordpress.com
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Mar 09, 2010
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A, B
This is a test of Norman Fosback’s seasonality strategy as described by Mark Hulbert.
See Hulbert’s piece for the whole story, but two important points to note are (a) this strategy began trading in the mid-1970’s (meaning there’s a huge amount of out-of-sample data), and (b) the strategy was ranked...
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247wallst.com
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Mar 09, 2010
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GOOG, GS, NOC and 8 moreTM, PFE, MET, TEVA, IBM, AIG, NWS, SNE
Reuters: Toyota (TM) said it found no electronic safety problems with its cars.
Reuters: China said it was committed to US debt but worried about gold.
Reuters: Japanese car companies are studying a brake override system.
Reuters: Sony (SNE) will start selling 3D TVs in Japan.
Reuters: Nor...
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straightstocks.com
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Mar 08, 2010
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RSOL
Real Goods Solar (RSOL) reported 4th quarter results after the bell today, posting slightly better results than what analysts expected. The company posted an EPS of .01/share on revenues of $19.1 million. Analysts expected a ...
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zacks.com
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Mar 08, 2010
about
NOC
Northrop Grumman Corporation (NOC) was awarded a contract by the U.S. Navy to improve interoperability and affordability across the U.S. NavyÂ?s fleet.
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