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

Sony Corp. (NYSE: SNE) cuts forecasts for game console margins for the next several years. (MarketWatch) Sony also cuts targets for smartphones and camera sales. (Reuters) A complex Irish tax ...
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Goldman Sachs

Goldman Sachs Boosts S&P 500 Target

The sentiment about the value of stocks continues to be relentlessly positive. None other than the powerful investment bank Goldman Sachs Group Inc. (NYSE: GS) has increased its target for ...
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Old Palace in Kabul

What Is Important: Apple Corporate Tax, S&P 500 Forecast Rises

Apple vs. Congress Near the top of the business headlines is the battle that Congress has started to wage with Apple Inc. (NASDAQ: AAPL) over the taxes it pays. By ...
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Media Digest: Reuters, WSJ, NY Times, FT

Yahoo! Inc.'s (NASDAQ: YHOO) profits in Asia will help balance the risk of its Tumblr buyout. (Reuters) A successful vote to split the chairman and CEO jobs at J.P. Morgan ...
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95992888

Tableau Software: Big Data IPO Goes out Above Expected Range, Shares Spike Higher

Seattle-based software maker Tableau Software Inc. (NYSE: DATA) begins trading today following an initial public offering (IPO) of 8.2 million shares at a price of $31 a share. The offering ...
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Dell HQ

J.C. Penney Earnings and Dell Revenue Show Recovery May Be Near

The earnings reports of J.C. Penney Co. Inc. (NYSE: JCP) and Dell Inc. (NASDAQ: DELL) show that revenues at each company finally may have found bottoms. This sets a stage ...
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gavel

Bloomberg Leak Scandal: Matthew Winkler Should Resign

Bloomberg reporters were allowed to look at some of the subscriber data of Bloomberg terminal users. The disclosure, brought to light by Goldman Sachs Group Inc. (NYSE: GS), is staggering ...
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95992888

What Is Important in the Financial World

Matthew Winkler Should Resign Bloomberg reporters were allowed to look at some of the subscriber data of Bloomberg terminal users. The disclosure, brought to light by Goldman Sachs Group Inc. ...
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New $100 Bill

TARP Payback Scorecard

Following the financial crisis of 2008, the U.S. Treasury was authorized to commit up to $700 billion to a Troubled Asset Relief Program -- TARP -- in an effort to ...
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Warren Buffett

Investment by Individuals Stumbles

The improvement in stock prices has done nothing to bring the investment in equities by individuals higher at all. As a matter of fact, participation in stock ownership has fallen. ...
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Cars on a lot

Hertz Private Equity Insiders Selling Out

Hertz Global Holdings Inc. (NYSE: HTZ) is joining the ranks of large companies with private equity backers selling out. A huge offering took place after the sale of a whopping ...
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JCP-logo

Why J.C. Penney Financing Buys Years of Operating Safety

Retailer J.C. Penney Co. Inc. (NYSE: JCP) said this morning that it has received a commitment from Goldman Sachs Group Inc. (NYSE: GS) for a five-year $1.75 billion senior secured ...
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Goldman Sachs

Goldman Sachs Now Sees Deeper 2013 Recession in Europe

Goldman Sachs Group Inc. (NYSE: GS) has lowered targets and bashing objectives on many things. Today it is Europe, which follows the firm's somewhat worrisome downgrade of copper expectations, and ...
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Bull and Bear figures

24/7 Wall St. Closing Bell — April 16, 2013: Markets Open Higher, Recover Some Lost Ground

U.S. equity markets opened higher this morning, getting off to a good start in an effort to recover some of the ground lost yesterday. A jump in U.S. new home ...
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Oil pumpjack

Commodities Trading Needs to Shape Up

Over the past 10 years the world’s largest commodities trading houses have racked up nearly $250 billion in profit. That is more than the net profit of Goldman Sachs Group ...
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