Shares of Biogen Idec Inc. (NASDAQ: BIIB) did not just do well on Wednesday. The stock hit an all-time high. News hit late in the day that the U.S. Food ... Read Full Story »
Opexa Therapeutics Inc. (NASDAQ: OPXA) is not just soaring this Tuesday. It is rising exponentially after securing an option and license agreement with Merck Serono on its multiple sclerosis treatment. ... Read Full Story »
Today's ratings actions have focused on commercial mortgage backed securities issued by several of the country's largest banks -- Morgan Stanley (NYSE: MS), Wells Fargo & Co. (NYSE: WFC), JPMorgan ... Read Full Story »
Weakness in the capital markets could lead to another round of firings at the largest banks in the US as they try to bolster earnings. Goldman Sachs Group Inc. (NYSE: ... Read Full Story »
This morning's report that Citigroup Inc. (NYSE: C) has downgraded its fellow banks' earnings was based on fears that the European banking system is facing severe pressure from economic weakness ... Read Full Story »
American International Group, Inc. (NYSE: AIG) has filed a registration Form S-1 for a proposed initial public offering of its wholly-owned IFLC Holdings, Inc. subsidiary. IFLC is the aircraft leasing ... Read Full Story »
It's time for our daily look at commodity prices and developments that will carry over ahead in commodities. Corn and cattle prices top today's news and these both have many ... Read Full Story »
The Administration wants to cut $78 billion from the defense budget. (Reuters) Facebook has substantial profits. (Reuters) Starbucks (NASDAQ: SBUX) says Kraft (NYSE: KFT) is blocking its grocery store plans. ... Read Full Story »
Obama will delay the release of his new budget by a week (Reuters) US gas prices moved above $3, the highest since October 2008 (Reuters) Gold rose on Asia purchases ... Read Full Story »
China said it will help nations in the eurozone to return to financial stability. (Reuters) Riversdale will be bought by Rio Tinto (NYSE: RTP) for $3.8 billion. (Reuters) Oil moved ... Read Full Story »
The Obama $858 billion tax plan moves to the House for a vote. (Reuters) Twitter raised money at a rate which valued that company at $3.7 billion. (Reuters) Eurozone debt ... Read Full Story »
Updated throughout the day. US banks are discussing a settlement with federal authorities over CDO marketing (WSJ) Singapore investors may buy the 34% of CICC that Morgan Stanley (NYSE: MS) ... Read Full Story »
The Federal Reserve will disclose which banks got crisis loans in the 2007 to 2009 period. (Reuters) Factories in China and India increased production last month. (Reuters) US regulators intend ... Read Full Story »
China warned that QE2 could destabilize the global economy. (Reuters) Aol (NYSE: AOL) has tapped Bank of America (NYSE: BAC) to aid it in its pursuit of Yahoo! (NASDAQ: YHOO). ... Read Full Story »