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Standard & Poor’s has just lowered the sovereign credit rating of Spain. We have warned that the downgrades were not over for Spain nor for the other PIIGS nations. We would go ahead and...
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Jon OggThere are more changes in the short interest of some of the key cult stocks and most actively traded and controversial stocks. The start of earnings season may have influenced the...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. ARM Holdings PLC (NASDAQ: ARMH) Raised to Neutral at JPMorgan. Banco...
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More debt downgrade warnings are looming on the horizon. This time for Puerto Rico, a nation which many consider the unspoken fifty-first state in America. Moody’s Investors Service has now...
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European banks are taking it right on the chin, or maybe the chin and the nose. The reports of a bad Spanish debt auction managed to push up borrowing costs again and it only makes one wonder what...
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Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Tuesday morning. Arch Coal Inc. (NYSE: ACI) Cut to Hold at...
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Reports are out that parties in Greece have finally agreed to a debt and austerity deal that will allow it to get its bailout funding and to remain part of the Euro. This is great news on the...
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Spain’s big bank — Banco Santander (NYSE: STD) — said its fourth-quarter profits fell 98%. It took a $2.4 billion charge because of its wrecked real estate portfolio. It also set aside cash to...
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Toshiba cuts its profit forecasts and lowers guidance. (Reuters) Honda (NYSE: HMC) posts a 65% drop in profits and cuts its outlook because of the yen and Thai floods. (Reuters) Twenty-five nations,...
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Fitch has joined in on the European sovereign credit rating downgrades. First it was S&P, but we might argue that this should have mostly been factored in already. Is it a secret that the...
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Sarkozy and Merkel have gone from killers of the markets to saviors of the market, and oddly enough there is no full resolution yet to the Euro Zone debt crisis other than he hope that the two will...
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