The thoughts of restricting the pay packages of the CEOs of public companies may be in the air, but new data on chief executive compensation show that boards of directors are not taking any of it seriously. Stephen Schwarzman, head…
By Douglas A. McIntyre
· 5:54pm ET Biotechnology Industry Organization (BIO.org) has conducted a survey of 80 investors, analysts, and venture capital executives with Thomson Reuters to preview their opinions of the biotech sector and expectations for 2009. The…
Douglas A. McIntyre These are this morning’s top day trader alert stocks and actively traded stock movers. We have more detailed price and volume analysis with links to each over at VSInvestor.com: GSI Commerce Inc.…
The data from the Labor Department on weekly jobless claims has been released. We are seeing a slight rise by 4,000 to 558,000 for week. The four-week average rose by 8,500 to…
Douglas A. McIntyre These are the top 10 pre-market analyst upgrades, downgrades, and initiations we have seen early this Thursday morning from Wall Street: Coca-Cola Enterprises (CCE) Raised to Buy at UBS. DR Horton (DRI) Cut to…
Despite improvement in the economy which is now seen at almost every turn, Wal-Mart (WMT) does not fell confident about the retail sector. It expects its same-store sales to rise only 2% at its core…
The plague of foreclosures is still overrunning the US real estate market, and the situation may actually be getting worse. RealtyTrac reports that July numbers rose 7% month-over-month and 32% over July last year,…
The recession in Europe was supposed to last until next year, but it has not turned out that way. The GDPs of Germany and France each grew by .3% in the second quarter, figures…
Citigroup’s (C) board does not even get to decide who should run the bank. This is the same board of “blue chip bankers” recruited by Chairman Richard Parsons. Regulators have decided to humiliate the…
The Small Business Administration runs a stimulus program for the government that provides up to $225 million for modest American enterprises. According to The New York Times, this pool is meant to make about…
The US got what it described as a victory in a WTO case against China. The system set up in the world’s most populous nation forced US companies to sell books, DVDs, and movies…
Reuters: Wal-Mart (WMT) will report results with Wall St. looking for sales growth. Reuters: US home foreclosures set a record in July. Reuters: Citigroup (C) hired outsiders to help with a management review. Reuters: …