DOJ approves Sprint, T-Mobile merger, requires divestitures to Dish
The Department of Justice announced that it and the Attorneys General for five states reached a settlement with T-Mobile (TMUS) and Sprint (S) regarding their...
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New Home Sales and Recessions
As I noted in earlier posts, when the YoY change in New Home Sales falls about 20%, a recession will usually follow. The one exception...
Fly Intel: What to watch in UPS earnings report
UPS (UPS) is scheduled to report results of its fiscal second quarter before the market open on Wednesday, July 24, with a conference call scheduled...
Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Devon Energy (DVN) reinstated with a Sell from Neutral...
Fly Intel: Pre-market Movers
HIGHER: Peak Resorts (SKIS), up 113% after Vail Resorts (MTN) agreed to acquire all outstanding shares of common stock of the company for $11.00 per...
BLS: June Unemployment rates at New Series Lows in Alabama, Arkansas, New Jersey, and Texas
From the BLS: Regional and State Employment and Unemployment SummaryUnemployment rates were lower in June in 6 states and stable in 44 states and the...
Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Qualcomm (QCOM) and Skyworks (SWKS) downgraded to Equal Weight...
Capricor price target raised to $12.40 from $3.50 at H.C. Wainwright
H.C. Wainwright analyst Joseph Pantginis raised his price target for Capricor Therapeutics to $12.40 from $3.50 saying the company announced positive results from the pre-specified...
Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Altria Group (MO) upgraded to Buy from Neutral at...
BLS: CPI increased 0.1% in June, Core CPI increased 0.3%
From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in June on a seasonally adjusted basis, the same increase...