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Goldman Sachs Suggests Buying Calls on Verizon Communications
Wednesday, July 20, 2011 - 8:31am | 134Goldman Sachs is out with a research note this morning, where it suggests that traders buy calls on Verizon Communications (NYSE: VZ) ahead of earnings. Goldman Sachs analyst Jason Armstrong recently met with VZ management and rates VZ shares Buy (Conviction List) and sees 14% upside over 12-mths...
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Bank of America Merrill Lynch Maintains Neutral on AT&T
Wednesday, July 20, 2011 - 6:31am | 134Bank of America Merrill Lynch is out with its report today on AT&T (NYSE: T), maintaining Neutral. In a note to clients, Bank of America Merrill Lynch writes, "AT&T is fundamentally sound with a stable subscription-based business model. However, potential for negative estimate revisions...
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Stocks to Watch for Wednesday 7/20/2011: Fresh 52 Week Highs and Lows
Wednesday, July 20, 2011 - 12:51am | 3102Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to lowest): 1) Apple (NASDAQ: AAPL): Shares of Apple...
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The Land Of A Billion iPhones?
Tuesday, July 19, 2011 - 12:02pm | 752It's no secret that Apple Inc. (NASDAQ: AAPL) is trying to expand into China, and according to the Wall Street Journal, the Cupertino, Calif.-based company is getting closer to achieving this goal. This comes just one month after acting CEO Tim Cook was spotted in China at China Mobile Ltd., (...
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Verizon Communications Earnings Preview: Analysts Expect Rising Revenue
Tuesday, July 19, 2011 - 11:39am | 600Get ready for Verizon Communications (NYSE: VZ) earnings! Don't be the last to know: The company announces its next round of earnings this Friday, July 22, 2011. Wondering what Wall Street is thinking ahead of Verizon Communications' lastest earnings numbers? Get the latest predictions in our...
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MTA Webinar from July 13, 2011
Tuesday, July 19, 2011 - 10:35am | 100Last week I gave a webinar to the Market Technicians Association (MTA) about what the longer term charts are telling me that the next 6 [...] Go to http://SwingTradingDaily.com for full article, videos and real-time updates.
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Dow Jones Industrial Average Companies Increase Expected Dividend Distribution by 12.66% From a Year Ago
Tuesday, July 19, 2011 - 9:14am | 546The Dow Jones Industrial Average's 30 component companies are expected to increase their annual dividend payout by 12.66% year-over-year and 2.93% from the previous quarter, according to a second-quarter 2011 survey by Dow Jones Indexes. DJIA component companies' $101.6 billion expected...
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Credit Suisse Outperform On Thoratec
Tuesday, July 19, 2011 - 8:33am | 196Credit Suisse is out with a research report on Thoratec Corp (NASDAQ: THOR) and it has an Outperform rating and a $43 price target on shares. In a note to clients, Credit Suisse writes, "We are initiating coverage on Thoratec Corporation with an Outperform rating and PT of $43. THOR is the leading...
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Mad Money Lightning Round: Cramer Likes MarkWest Energy Partners
Tuesday, July 19, 2011 - 1:42am | 286On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Sonic Automotive (NYSE: SAH) is a “great buy.” He added, “AutoZone (NYSE: AZO) has been great, Carmax (NYSE: KMX) has been great and Sonic Automotive is good, too. I think they're fabulous investments." For TIBCO Software (...
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Verizon to Offer Expanded 4G Wireless Network in Los Angeles and San Diego Beginning July 21
Monday, July 18, 2011 - 5:02pm | 55Starting Thursday, July 21, more Verizon (NYSE: VZ) Wireless customers in the Los Angeles and San Diego metro areas will be able to surf the web, download files and share music and photos up to 10 times faster than before with Verizon Wireless' 4G Long Term Evolution (LTE) network.
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AT&T Earnings Preview: Analysts Predict Higher Earnings Over Prior Quarter
Monday, July 18, 2011 - 1:55pm | 569AT&T (NYSE: T) earnings are right around the corner! Don't be caught off-guard: The company unveils its next round of earnings this Thursday, July 21, 2011. Want to get caught up before Thursday's earnings release? We've got just what you need. Here is your everything-that-matters guide to AT...
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Monday's Put/Call Ratio Leaders Leaders
Monday, July 18, 2011 - 11:28am | 78Here are today's Put/Call Ratio Leaders leaders… 1. Robert Half International (NYSE: RHI) 6,006 puts, 1 call 2. Solarwinds (NYSE: SWI) 5,230 puts, 4 calls 3. Vimpel Communications (NYSE: VIP) 16,262 puts, 23 calls 4. Cadence Pharmaceuticals (NASDAQ: CADX) 4,027 puts, 20 calls 5. FMC Technologies...
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NASDAQ Stocks Hitting 52-Week Lows
Monday, July 18, 2011 - 9:27am | 135Alaska Communications Systems Group Inc (NASDAQ: ALSK) shares fell 5.31% to create a new 52-week low of $7.85. ALSK shares have dropped 5.80% over the past 52 weeks, while the S&P 500 index has gained 23.60% in the same period. Clearwire Corporation (NASDAQ: CLWR) shares dropped 5.52% to...
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How to Profit from Italian Passage of Austerity Measures
Friday, July 15, 2011 - 7:57am | 690The Italian Parliament is set to approve a set of austerity measures aimed at improving the government's fiscal position, lowering its borrowing costs and prodding growth in the eurozone's third biggest economy . Like those recently passed in Greece, the austerity measures include a combination of...
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CenturyLink and Savvis Complete Merger
Friday, July 15, 2011 - 7:33am | 144CenturyLink, Inc. (NYSE: CTL) and Savvis (NASDAQ: SVVS) today completed their previously announced merger. The combination creates a premier managed hosting and colocation provider with global scale positioned for leadership in meeting customer demand for outsourced IT and cloud services. "The...