US investors prepare for a shortened week of trading. In a slow earnings week, government housing data are expected to drive market direction for this week.
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Dec. 18 (Bloomberg) — Jonathan Miller, chief executive officer of Miller Samuel Inc., talks with Bloomberg’s Tom Keene and Ken Prewitt about the outlook for the US housing and mortgage markets. (This is an excerpt of the full interview. Source: Bloomberg) ... Miller Says Housing Recovery M...
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U.S. markets are sharply higher at mid-afternoon, driven by analyst upgrades for Intel and Alcoa. Trader sentiment was also boosted by better than expected first quarter earnings from Walgreen, while in Washington, the Senate began its final enactment of health care reform legislation.
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Dec. 17 (Bloomberg) — Christopher Mutascio, an analyst with Stifel Nicolaus & Co., talks with Bloomberg’s Julie Hyman about the outlook for Bank of America's stock price after Brian T. Moynihan was named to replace Ken Lewis as chief executive officer. (This report is an excerpt. Source: B...
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This morning, Goldman Sachs upgraded shares of both Potash (POT) and Mosaic (MOS) as the firm is bullish on potash in 2010. The firm added Potash to its Conviction Buy List and upgraded shares of Mosaic from Neutral to Buy.
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