It is never a good thing to see a run on the banks. That is what the fears were recently indicating in Greece. The problem is that Spain is a ... Read Full Story »
The government of Spain got lucky. It planned to raise over 2 billion euros in debt. The amount sold was more than that -- 2.5 billion. The international capital markets ... Read Full Story »
The U.S. stock markets have by and large been decoupled from the woes of Europe most of this year, as well as the slowing of growth in the key markets ... Read Full Story »
Foreclosure abuses likely occurred across the U.S. (Reuters) Apple’s (NASDAQ: AAPL) iPhone loses market share in China, based on Gartner data. (Reuters) Improved odds of a Greek bailout lift markets. ... Read Full Story »
If you think ratings agencies do not quite matter any longer, today may be a reminder that they can still create at least some nervousness even if they are just ... Read Full Story »
Moody’s may cut Morgan Stanley (NYSE: MS) and UBS (NYSE: UBS) as the global euro crisis spreads. (Reuters) Officials in Japan arrest former Olympus executives. (Reuters) Congress reaches a deal on ... Read Full Story »
The US equity markets opened slightly higher this morning, but soon turned around and spent the rest of the morning lower before returning to about even by afternoon. Equities could ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. Annaly Capital Management Inc. (NYSE: NLY) Cut to Market ... Read Full Story »
The Greeks try to get a financial aid package while some regional leaders say the eurozone does not need the southern European nation. (Reuters) A House committee pushes through plans ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. ADTRAN, Inc. (NASDAQ: ADTN) Cut to Hold at ... Read Full Story »
Sarkozy and Merkel have gone from killers of the markets to saviors of the market, and oddly enough there is no full resolution yet to the Euro Zone debt crisis ... Read Full Story »
The action out of China's virtual easing by lowering reserve requirements was already a boost to global markets, but the coordinated central bank efforts of the U.S., Canada, Europe, Switzerland, ... Read Full Story »
Updated throughout the day Clearwire (NASDAQ: CLWR) may skip a major bond payment to preseve cash (WSJ) UBS (NYSE: UBS) may cut its bonus pool. (FT) ... Read Full Story »
The supercommittee appears unlikely to settle on a deficit agreement. (Reuters) A senior Chinese official says he expects the global recession to last for some time. (Reuters) Spain’s center-right People’s ... Read Full Story »
Greek citizens stage large protests. (Reuters) Citigroup (NYSE: C), Bank of America (NYSE: BAC) and Morgan Stanley (NYSE: MS) could be affected when S&P updates its credit ratings on the world’s ... Read Full Story »