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Media Digest: Reuters, WSJ, NYT, FT, Bloomberg

Posted: May 14, 2013 at 6:26 am

Gartner reports that smartphone sales grew in the first quarter and Samsung continued to gain share. (MarketWatch) The AP says the U.S. Department of Justice took some of the data ...
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bank vault

Cyprus Deposit Seizure Hitting Euro and PIIGS Banks

Posted: March 18, 2013 at 9:30 am

I already have gone on the record that the taxation of deposits in Cyprus is nothing short of theft. Regardless of a bloated banking system that was in shambles, taking depositors' ...
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Bank

HSBC Could Lay Off Thousands

Posted: March 18, 2013 at 7:00 am

The restructuring of the financial services industry, which has ranged from 30,000 layoffs at Bank of America Corp. (NYSE: BAC) to cuts at Citigroup Inc. (NYSE: C) and Barclays PLC ...
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Tax

What’s Important in the Financial World (3/18/2013)

Posted: March 18, 2013 at 6:48 am

HSBC Job Cuts The restructuring of the financial services industry, which has ranged from 30,000 layoffs at Bank of America Corp. (NYSE: BAC) to cuts at Citigroup Inc. (NYSE: C) ...
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Media Digest (3/8/2013) Reuters, WSJ, NY Times, FT, Bloomberg

Posted: March 8, 2013 at 6:30 am

The European Central Bank cuts its growth forecasts for group members and says inflation is not a threat. (Reuters) The Motorola division of Google Inc. (NASDAQ: GOOG) will cut 1,200 ...
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Bull and Bear

Top Analyst Upgrades and Downgrades (BCS, BHP, GME, GOOG, GRPN, HD, LOW, MA, V, NKE, OPEN, TLM, TSLA, UNH, PAY, OMX, ODP)

Posted: February 21, 2013 at 8:40 am

These are some of this Thursday's top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Barclays PLC (NYSE: BCS) raised to Outperform at Bernstein. BHP Billiton Ltd. ...
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Bull and Bear figures

24/7 Wall St. Closing Bell — February 20, 2013: Markets Open Low, Slide Further on Fed Minutes (WIN, LOW, BIDU, BCS, GMCR, ADI, CF, DELL, HLF, AVA, CLH, DISH, LEAP, MGM, SODA, TOL, CROX, ETP, PAAS, TSLA, WLT, AUY, CG, CHK, CDE, ESV, SWY, WMT, OMX, ODP, NTSP, TSS, HNR)

Posted: February 20, 2013 at 4:04 pm

U.S. equity markets opened flat to lower this morning as it waited for data on U.S. housing starts and producer price inflation. In Europe, markets got some downward signals from ...
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Bull and Bear

Top Analyst Upgrades and Downgrades (ACMP, ALXN, ADI, BIDU, BCS, ESRX, GMCR, LOW, MM, NTSP, RDN, SEE, SPLS, HOT, WIN)

Posted: February 20, 2013 at 8:20 am

These are some of this Wednesday's top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Access Midstream Partners L.P. (NYSE: ACMP) reiterated Outperform but on Focus List ...
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Barclays Cuts 3,700 as Bank Industry Troubles Continue

Posted: February 12, 2013 at 6:23 am

Barclays PLC (NYSE: BCS) announced poor 2012 earnings and promptly fired 3,700 people. Management said that results were hurt by bad payment protection on loans and credit cards. Other banks ...
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Media Digest (2/12/2013) Reuters, WSJ, NYT, FT

Posted: February 12, 2013 at 6:21 am

Barclays PLC (NYSE: BCS) will cut 3,700 jobs as the troubled bank restructures. (Reuters) Nokia Corp. (NYSE: NOK) adds to its low-priced Asha line. (Reuters) A judge approves a request ...
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Media Digest (2/11/2013) Reuters, WSJ, NYT, FT, Bloomberg

Posted: February 11, 2013 at 6:34 am

Germany continues to battle France over the use of stimulus to help jump-start the EU economy. (Reuters) U.S. Airways Group Inc. (NYSE: LCC) and AMR probably will close an $11 billion ...
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Home security

Deutsche Bank Raises Price Targets on Homebuilders — Time to Tap the Brakes? (DB, BCS, DHI, MDC, MTH, RYL, PHM, XHB)

Posted: February 6, 2013 at 9:25 am

We have written at great length about the resurgence of homebuilding in the United States. Like any other sector, if you go long enough without production, demand catches up with ...
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Media Digest (2/6/2013) Reuters, WSJ, FT

Posted: February 6, 2013 at 6:30 am

Liberty Global Inc. (NASDAQ: LBTYA) will buy U.K. cable firm Virgin Media Inc. (NASDAQ: VMED) for $15.75 billion. (Reuters) Royal Bank of Scotland Group PLC (NYSE: RBS) expects LIBOR penalties in the ...
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Media Digest (2/4/2013) Reuters, WSJ, FT, Bloomberg

Posted: February 4, 2013 at 6:31 am

Japan Airlines approaches Boeing Co. (NYSE: BA) about the cost of its grounded 787 Dreamliner fleet. (Reuters) Electric cars sales may be hurt as the industry considers hydrogen-powered vehicles. (Reuters) ...
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Oil pumpjack

Oil Service Sector Continues Momentum as Wall St. Upgrades (DB, XOM, CVX, APA, OXY, SLB, HAL, BHI, BCS, ATW, ORIG, PACD,OIH)

Posted: January 25, 2013 at 9:42 am

It is becoming increasingly apparent that Wall St. is keeping a sharp eye on companies in the oil service sector. As we reported earlier this week Deutsche Bank A.G. (NYSE: ...
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