Serendeputy - your personal news assistant.

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Apple Inc. (NASDAQ: AAPL) has reported its fiscal third quarter earnings. We noted that the guidance would be closely watched regarding how the company expects an iPhone refresh cycle to go. Also,......
From: 24-7 Wall Street | By: Jon C. Ogg | Tuesday, July 22, 2014
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Gilead Sciences Inc. (NASDAQ: GILD) has now reported its second-quarter earnings. The largest biotech by market cap turned in earnings of $2.36 per share ($3.93 billion) on more than a 100% gain in......
From: 24-7 Wall Street | By: Jon C. Ogg | Wednesday, July 23, 2014
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Facebook Inc. (NASDAQ: FB) has reported its earnings for the second quarter which handily beat expectations. The social media giant earned $0.42 in earnings per share and it posted a gain in revenues......
From: 24-7 Wall Street | By: Jon C. Ogg | Wednesday, July 23, 2014
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AT&T Inc. (NYSE: T) reported second quarter 2014 results after markets closed Wednesday. The telecom giant reported adjusted diluted quarterly earnings per share (EPS) of $0.62 on revenues of......
From: 24-7 Wall Street | By: Paul Ausick | Wednesday, July 23, 2014
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July 23, 2014: Markets opened mixed on Wednesday as the DJIA lagged on a weakness among some of the heavy-hitter blue chips. Tech stocks pumped up both the S&P 500 and the Nasdaq Composite as......
From: 24-7 Wall Street | By: Paul Ausick | Wednesday, July 23, 2014
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QUALCOMM Incorporated (NASDAQ: QCOM) has reported earnings of $1.31 in earnings per share, or $1.44 in adjusted earnings per share, for the second quarter. The mobile chip maker reported that......
From: 24-7 Wall Street | By: Jon C. Ogg | Wednesday, July 23, 2014
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General Motors Co. (NYSE: GM) announced six recalls totaling 717,950 recent model vehicles Wednesday, just a day before the company is scheduled to announce second quarter 2014 earnings. The company......
From: 24-7 Wall Street | By: Paul Ausick | Wednesday, July 23, 2014
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Qualcomm is set to report earnings for its third quarter of 2014. As with many companies this season, the real view is likely to be on what the company sees ahead....
From: 24-7 Wall Street | By: Jon C. Ogg | Wednesday, July 23, 2014
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The state of Michigan’s Economic Development Board announced late Tuesday that its Strategic Fund Board has approved state incentives for nine business expansions and community improvement......
From: 24-7 Wall Street | By: Paul Ausick | Wednesday, July 23, 2014
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Once a consumer drives a new car off the dealer lot, is the honeymoon just starting or just beginning to end? How gratifying is it for the new owner or lessee to own and drive that new car? J.D.......
From: 24-7 Wall Street | By: Paul Ausick | Wednesday, July 23, 2014
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Iran remains a hot button issue for the West, although the situation has been very slowly deflating. Many public and private companies alike make disclosures in filings with the U.S. Securities and......
From: 24-7 Wall Street | By: Jon C. Ogg | Wednesday, July 23, 2014
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Both Ford and General Motors are scheduled to report second-quarter earnings before markets open Thursday. And both companies have some, shall we say, issues.
From: 24-7 Wall Street | By: Paul Ausick | Wednesday, July 23, 2014
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Puma Biotechnology has just defied all odds in biotech. The stock has risen more than 200% in a single day, and its market cap magically jumped from close to $1.7 billion to almost $7 billion....
From: 24-7 Wall Street | By: Jon C. Ogg | Wednesday, July 23, 2014
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Facebook is set to report its second-quarter earnings after the close on Wednesday. The driving force likely will again be how well Facebook is monetizing mobile and how well its own "advertorial"......
From: 24-7 Wall Street | By: Jon C. Ogg | Wednesday, July 23, 2014
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Chrysler issued two recall notices on Tuesday, one limited to older model Jeeps and the other for a variety of current model cars and pickups. In the recall of older model Jeeps, the issue is......
From: 24-7 Wall Street | By: Paul Ausick | Wednesday, July 23, 2014
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EMC was already indicated higher due to reports that activist investors were going after the company to unlock value. Now the stock is up marginally after its earnings report....
From: 24-7 Wall Street | By: Jon C. Ogg | Wednesday, July 23, 2014
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Apple feels like its stock is defying history and logic after earnings. The company's third-quarter report was bland enough that it should have allowed traders and investors a chance to take profits....
From: 24-7 Wall Street | By: Jon C. Ogg | Wednesday, July 23, 2014
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A new report from the Telecom and Network equipment team at Cowen points out that, while the first half of the year followed the game plan, the second half may see a slight decline in spending....
From: 24-7 Wall Street | By: 247lee | Wednesday, July 23, 2014
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The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4 million barrels last week, maintaining......
From: 24-7 Wall Street | By: Paul Ausick | Wednesday, July 23, 2014
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Analysts now expect that AT&T will report earnings per share of $0.63 after markets close Wednesday. That is a penny less than the consensus estimate just two days ago....
From: 24-7 Wall Street | By: Paul Ausick | Wednesday, July 23, 2014
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Boeing reported mixed second-quarter 2014 results before markets opened Wednesday morning. It delivered 181 new commercial aircraft in the quarter, down from 191 deliveries in the first quarter....
From: 24-7 Wall Street | By: Paul Ausick | Wednesday, July 23, 2014
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A new research report from the Internet team at RBC indicates that current expectations for the smaller Internet stocks are biased toward the positive side going into the earnings for the quarter....
From: 24-7 Wall Street | By: 247lee | Wednesday, July 23, 2014
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These are the top analyst upgrades, downgrades and initiations from Wall Street firms for Wednesday, July 23, 2014. They include DuPont, General Electric, King, Microsoft, Xilinx and McDonald's....
From: 24-7 Wall Street | By: Jon C. Ogg | Wednesday, July 23, 2014
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The Credit Suisse team, in a new report, says investors may want to look at the top mid-cap companies to own. They are also advising clients to avoid come of the popular and over-owned stocks....
From: 24-7 Wall Street | By: 247lee | Wednesday, July 23, 2014
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The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning. It noted an increase of 2.4% in the group’s seasonally adjusted composite index,......
From: 24-7 Wall Street | By: Paul Ausick | Wednesday, July 23, 2014
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PepsiCo reported better-than-expected second-quarter 2014 results before markets opened Thursday morning. Pepsi also said expects to return a total of $8.7 billion to shareholders in 2014....
From: 24-7 Wall Street | By: Paul Ausick | Wednesday, July 23, 2014
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Gun company Beretta is tone deaf when it comes to calls for restrictions on powerful guns sold in the United States. It must be the chance to make money. Beretta’s website carried an......
From: 24-7 Wall Street | By: Douglas A. McIntyre | Wednesday, July 23, 2014
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The consumer may have returned to malls and retail stores, but he remains wary about what he believes he can spend. Based on the portion of gross domestic product (GDP) that consumer spending......
From: 24-7 Wall Street | By: Douglas A. McIntyre | Wednesday, July 23, 2014
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If there is any issue about whether the world’s rich are getting richer, it should be settled by Mercedes sales, which reached 418,700 worldwide in the second quarter, according to results for......
From: 24-7 Wall Street | By: Douglas A. McIntyre | Wednesday, July 23, 2014
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Microsoft Corp. (NASDAQ: MSFT) reported fourth fiscal quarter and full fiscal year 2014 results after markets closed Tuesday. The software behemoth reported diluted earnings per share (EPS) of $0.55......
From: 24-7 Wall Street | By: Paul Ausick | Tuesday, July 22, 2014
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A Federal Aviation Administration flight ban of US air carriers into Tel Aviv, Israel may seem as though it is important geopolitical news, but the move may have a very limited impact on overall......
From: 24-7 Wall Street | By: Jon C. Ogg | Tuesday, July 22, 2014
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The longstanding fight between Herbalife and short-selling activist investor Bill Ackman just took yet another odd turn.
From: 24-7 Wall Street | By: Jon C. Ogg | Tuesday, July 22, 2014
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By a variety of measurements, Google is the 800-pound gorilla of the Internet. It is by far the largest U.S. search engine and its various websites, including YouTube, attract the largest U.S.......
From: 24-7 Wall Street | By: Paul Ausick | Tuesday, July 22, 2014
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CIT Group Inc. (NYSE: CIT) may have delivered on beating its earnings expectations, but this is just a tiny fraction of the story here. CIT’s acquisition of the parent company of OneWest Bank......
From: 24-7 Wall Street | By: Jon C. Ogg | Tuesday, July 22, 2014
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Transocean Partners LLC, a spin-off from Transocean Ltd. (NYSE: RIG), has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of 17.5 million common......
From: 24-7 Wall Street | By: Paul Ausick | Tuesday, July 22, 2014
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El Pollo Loco Holdings has set its formal terms for an initial public offering (IPO). Be advised that these terms can change before the formal IPO, literally up until the final hours ahead of the......
From: 24-7 Wall Street | By: Jon C. Ogg | Tuesday, July 22, 2014
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By Nicholas Cunningham of Oilprice.com The confrontation between Russia and the West took a turn for the worse with the downing of a Malaysian airliner on July 17, and that could spell trouble for......
From: 24-7 Wall Street | By: Douglas A. McIntyre | Tuesday, July 22, 2014
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Apple reports earnings after the close on Tuesday. While the media focus will likely be on the formal earnings report, 24/7 Wall St. will pay closer attention to guidance and to the launch of new......
From: 24-7 Wall Street | By: Jon C. Ogg | Tuesday, July 22, 2014
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The changes taking place around marijuana for medical use and for recreational use are the biggest in almost everyone’s lifetime. There are quite literally billions of dollars up for grabs for......
From: 24-7 Wall Street | By: Jon C. Ogg | Tuesday, July 22, 2014
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When customers get slow, intermittent or no service at all from their wireless service provider, the initial reaction is that the company has lousy service and there is just nothing to be done about......
From: 24-7 Wall Street | By: Paul Ausick | Tuesday, July 22, 2014
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Posting better-than-expected results for the most recent quarter, along with an improved earnings outlook for the full year, could not halt the recent slide in shares of United Technologies....
From: 24-7 Wall Street | By: Trey Thoelcke | Tuesday, July 22, 2014
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The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in June rose 2.6% to 5.04 million from an upwardly revised total of 4.91 million in......
From: 24-7 Wall Street | By: Paul Ausick | Tuesday, July 22, 2014
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A new research note from Cowen highlights some top stocks that have not yet reported second-quarter earnings, but all of which traded higher after reporting first-quarter results this year....
From: 24-7 Wall Street | By: 247lee | Tuesday, July 22, 2014
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The U.S. Labor Department gave us the formal inflation reading for the month of June on Tuesday morning. Most investors are more concerned about major earnings reports and economic recovery and......
From: 24-7 Wall Street | By: Jon C. Ogg | Tuesday, July 22, 2014
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The next iteration of the iPhone from Apple Inc. (NASDAQ: AAPL) is expected to use an especially hard type of glass cover that has been promoted (not by Apple) as being scratchproof. Sapphire glass......
From: 24-7 Wall Street | By: Paul Ausick | Tuesday, July 22, 2014
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As the stock market rises and rises, investors start to look for growth stocks that have not yet rallied too much or that do not have nose-bleed valuations. After all, no one wants to own stocks that......
From: 24-7 Wall Street | By: 247lee | Tuesday, July 22, 2014
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Last week stock market bubble-mania was rampant. It seemed as though every Wall Street website, network, magazine, TV show, pundit, talking head, you name it, was screaming that the market had hit......
From: 24-7 Wall Street | By: 247lee | Tuesday, July 22, 2014
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McDonald's reported disappointing second-quarter 2014 results before markets opened Tuesday morning. Global same-store sales in the quarter were "relatively flat."...
From: 24-7 Wall Street | By: Paul Ausick | Tuesday, July 22, 2014
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Verizon Communications reported better-than-expected second-quarter 2014 results before markets opened Tuesday morning.
From: 24-7 Wall Street | By: Paul Ausick | Tuesday, July 22, 2014
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These are the top analyst upgrades, downgrades and initiations from Wall Street firms for Tuesday, July 22, 2014. They include Allergan, Amazon.com, Chipotle Mexican Grill, Netflix and Sarepta......
From: 24-7 Wall Street | By: Jon C. Ogg | Tuesday, July 22, 2014
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