These are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research notes: Advanced Micro Devices Inc. (NYSE: AMD) Cut to Market Perform at FBR. Arch Coal Inc.
Updated throughout the day. Reuters: BP plc (NYSE: BP) plans to sell its assets in Venezuela. (Reuters) Monitronics is on the block represented by Moelis & Company.
2009 was the year that dividends were cut or went on hold. 2010 is becoming the greatest year of increases and initiations of dividends that the markets have ever seen. There are dividend hikes galore, dividend initiations, and there are a few companies which are still trying to act as dividend holdouts. 24/7 Wall Street [[ This is a content summary only
The DOL reports on weekly unemployment insurance claims : In the week ending July 24, the advance figure for seasonally adjusted initial claims was 457,000, a decrease of 11,000 from the previous week’s revised figure of 468,000. The 4-week moving average was 452,500, a decrease of 4,500 from the previous week’s revised average of 457,000.
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million Twitter users. It raises the question of whether there is wisdom in crowds.
Many financial experts and analysts believe that the national debt and high deficits will mean that the federal government will have to make tremendous cuts in spending before the end of the decade. Former White House Chief of Staff Erskine Bowles and Sen. Alan Simpson are co-chairs of the National Commission on Fiscal Responsibility and [[ This is a content summary only
Those who worked to refute the huge IPCC 2007 study on global warming were wrong, perhaps. They had accused scientists of hyping their data, claims which have only recently been refuted
RealtyTrac, a leading real estate research firm, reports that foreclosures in 75% of metro areas rose in the first half, another sign that the housing market never recovered from the tough it hit 18 months ago. RealtyTrac’s Midyear 2010 Metropolitan Foreclosure Market Report shows 154 of the 206 U.S. metropolitan areas with a population of [[ This is a content summary only.
The June audience of ESPN.com soared to 30.6 million unique visitors as people checked out the World Cup online, according to research firm comScore. That moved it ahead of well-known sites including Time Warner (NYSE: TWX), Expedia (NASDAQ: EXPE), and Target (NYSE: TGT) It shows how one event, or one new product from a company [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Reuters: The Fed Beige Book says some regions see economic slowing.
