Citigroup, Inc (NYSE: C) analysts cut their price target on shares of Constellation Energy (NYSE: CEG) from $34.00 to $33.00 in a research note to investors on Wednesday, with a price target of $33.00 citing lower fossil fuel power hedges, while reiterating their “hold” rating. Constellation Energy Group, Inc. (Constellation Energy) is an energy company [...]

JPMorgan Chase & Co. (NYSE: JPM) analysts downgraded shares of Saks, Inc (NYSE: SKS) from “Overweight” to “Neutral” following a surge on takeover speculation in a research note to investors on Wednesday. Saks Incorporated is a fashion retail organization offering a range of distinctive luxury fashion apparel, shoes, accessories, jewelry, cosmetics, and gifts. The Company’s [...]

Citigroup, Inc (NYSE: C) analysts boosted their earnings estimates on shares of Dollar General (NYSE: DG) through 2012 citing strong second quarter results driven by operating margin improvement, while maintaining a “buy” rating. The firm boosted 2011 and 2010 earnings per share estimates to $1.74 and $2.08 in a research note to investors on Wednesday. [...]

Barclays (NYSE: BCS) analysts initiated coverage on shares of CIT group (NYSE: CIT) with a price target of $46.00 and an “overweight” rating in a research note to investors on Wednesday, saying that CIT has one of the cleanest book values of any publicly traded company. CIT Group Inc. (CIT) is a bank holding company, [...]

Kaufman Brothers analysts resumed coverage on shares of Cree (NASDSAQ: CREE) with a “hold” rating and a $58.00 price target in a research note to investors on Wednesday, citing that the company is a technology leader in their space. Cree, Inc. (Cree) develops and manufactures semiconductor materials and devices primarily based on silicon carbide (SiC), [...]

The Financial Crisis Inquiry Commission is accusing Wells Fargo & Co. (NYSE: WFC) of taking advantage of a tax-break that was never approved by the Congress during its 2008 takeover of Wachovia, adding billions of dollars to the cost of bailouts. Former Representative Bill Thomas said that Wells Fargo’s interpretation of IRS rules during the [...]

Analyst at Citigroup, Inc’s (NYSE: C) equities research division reiterated their “buy” rating on shares of Form Factor, Inc (NASDAQ: FORM), but lowered their price target from $18.00 to $15.00 in a research note to investors on Tuesday, citing their bearish stance on DRAM fundamentals. FormFactor, Inc. (FormFactor) designs, develops, manufactures, sells and supports precision [...]

Citigroup, Inc (NYSE: C) is moving into the microfinance industry in the country of India as part of an effort to bring financial inclusion and education to the unbanked in that country. CEO Vikram Pandit said that “We have a strong franchise in India and are looking forward to being a part of India’s growth.” [...]

If you have any interest in audiobooks, consider checking out Audible.com, a service which provides listeners with one or two audio books each month to listen to. Audible is now offering a 30-day free trial in which listeners can get one free audio book by taking advantage of the “Filmcast” coupon by visiting “audiblepodcast.com/filmcast.” You’ll [...]

JPMorgan Chase & Co. (NYSE: JPM) equities research analysts initiated coverage on shares of Allscripts Healthcare Solutions (NASDAQ: MDRX) with a “buy” rating and a $25.00 price target in a research note to investors on Wednesday. Allscripts Healthcare Solutions, Inc., formerly Allscripts-Misys Healthcare Solutions, Inc. (Allscripts), is a provider of clinical software, services, information and [...]