According to a report in The Wall Street Journal, Citigroup (C) CEO Charles Prince will offer his resignation at a board meeting on Sunday.There is speculation that the bank will ... Read Full Story »
AMBAC (ABK) Bond insurance company dropping like a rock on fears that it has huge exposures to CDOs. Down to $21.62 from 52-week high of $96.10.Security Capital Assurance (SCA) Another ... Read Full Story »
This is the crus of the news regarding Global Warming and the public companies that made announcements over the last 36 hours:FPL Group (NYSE:FPL) chairman called the Climate Bill "Well ... Read Full Story »
NameMedia has filed to come public in a stock offering valued up to $172.5 million as far as the initial filing indications. Lead underwriters are indicated as Credit Suisse and ... Read Full Story »
Moody's (MCO) give credit rating of "Aa1" to both Ambac (ABK) and MBIA (MBI). But, no one else on Wall St. seems to see it that way.According to Reuters "at ... Read Full Story »
This might not be that unusual for a volatile week during earnings season, but this was a fairly active week for share buyback news announcements. Some are new and some ... Read Full Story »
Three days ago proxy advisory firm Glass, Lewis & Co. recommended shareholders of Sirius Satellite Radio (SIRI) and shareholders and XM Satellite Radio (XMSR) vote for a combination of the ... Read Full Story »
Sanjay Shrestha, Managing Director, Senior Analyst, Alternative Energy & Industrials at Lazard Capital Markets is maintaining his "BUY" rating on Itron Inc. (NASSDAQ:ITRI) after a big drop from earnings. The ... Read Full Story »
On Wednesday, November 7, 2007, Cisco Systems (NASDAQ:CSCO) will report earnings, and needless to say this will be perhaps the most important event next week. On last look, the First ... Read Full Story »
TheStreet.com (NASDAQ:TSCM) is making an acquisition that is moving away from investor news, research, statistics, and other content data. The content provider is acquiring Bankers Financial Products Corp., including BankingMyWay ... Read Full Story »
According to the Detroit News, Ford (F) is close to having a final deal with the UAW. "Sources familiar with the situation told The Detroit News a deal could come ... Read Full Story »
(ALY) Allis-Chalmers $0.37 EPS vs $0.36 est.(ASVI) A.S.V. Inc. $0.13 EPS vs $0.19 est.(BEBE) bebe stores traded up 3% despite slight revenue miss.(CBB) Cincinnati Bell $0.09 EPS vs $0.08 est.(CI) ... Read Full Story »
ACW raised to Neutral at R.W.Baird.AGU cut to sector perform at CIBC.ARP cut to sector perform at CIBC.BBBB cut to Neutral at R.W.Baird.BKC started as Buy at UBS.CCE raised to ... Read Full Story »
When shares of PetroChina (PTR) begin to trade on the Shanghai exchange on Monday, they may double from their IPO price. The company raised $9 billion in its offering.According to ... Read Full Story »
The new CEO of Siemens (SI) wants margins more like those at GE (GE), which is in many of the same businesses. Oddly enough, over the last year, Siemens shares ... Read Full Story »