John Tamny of Forbes A popular belief among the economic commentariat today is that the mere existence of the Federal Deposit Insurance Corp. represents “moral hazard.” With bank deposits insured, the common thought is…
Applied Materials Inc. (NASDAQ: AMAT) is off its highs but still higher on the day after the company raised its dividend and announced a share buyback plan. The company’s board of directors boosted the…
By Robert Herbst, Airlinefinancials.com Last year, Delta (DAL), American (AMR), United (UAUA), and US Airways (LCC) collectively operated 85 billion less domestic seat miles than they did 6 years ago. This was on…
The National Association for Business Economics, or the NABE, has continued on its call for a muted recovery. But there are some key issues it has brought up. The NABE sees a rate hike…
We have compiled this morning’s key stocks on the move based on news. These are some of the key stocks being watched and traded by day traders and active traders. There is a more…
Updated throughout the day. The EU may form its own version of the IMF (various) Dubai may have a deal to defer payments on $26 billion in Dubai World debt (CNBC) CCMP Capital agreed to…
These are this Monday morning’s top analyst upgrades, downgrades, and initiations seen in early Wall Street research notes: ADC Telecommunications Inc. (NASDAQ: ADCT) Raised to Neutral at JPMorgan. Cisco Systems, Inc. (NASDAQ: CSCO) Raised…
“Never give a sucker and even break; never wise up a chump”–W.C. Fields The FDIC has come up with the notion that it will market investments in failed banks, or perhaps some of their…
The outrage over investment bank salaries has just begun to die. Many financial firm CEOs and senior managers took less pay than they have in recent years, and took a larger percent of their…
The Congressional Budget Office said the national debt will be rise by $9.8 trillion by 2020. The figure is $1.2 trillion higher than White House estimates, which may put a new sword into the…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and…
Reuters: Met Life (MET) is close to buying AIG’s (AIG) foreign insurance unit for $15.5 billion. Reuters: Subway will try to catch McDonald’s (MCD) in China by 2020. Reuters: Greece’s central bank chief said…
Stocks in Asia jumped. The Nikkei was up 2.1% to 10,586. The Hang Seng rose 2% to 21,197. The Shanghai Composite was higher by .7% to 3,053. At the open in Europe, the FTSE…
Not many company boards admit when their CEO had a bad year and needs a cut in pay. The Coca-Cola (KO) board decreased chief Mahtar Kent’s total compensation to $18.8 million from $22.4 million in…
This week’s list of UNUSUAL SUSPECTS for stocks to watch is actually much different from what we have seen in other reports. Earnings season is finally over, so we only have two earnings we…
The Toyota brand may be much more resilient than most experts would ever have imagined. That is bad new for its primary competitors in the US market–GM, Ford (F), Chrysler, Honda (HMC), and Nissan.
Jeff Immelt, GE’s Chairman and CEO did not take a bonus for 2009. That did not keep the rest of the conglomerate’s management from becoming richer.
Google (GOOG) disclosed that Chairman & CEO Eric Schmidt and founders Sergey Brin and Larry Page will each be paid $1 in base salary for 2010 in an 8-K filing. Brin is Google’s President,…
American corporations have a habit of releasing bad information late on Friday afternoon. Hewlett-Packard (HPQ) announced that it has revised its previously announced financial results for its first fiscal quarter ended Jan. 31, 2010,…
Robert J. Stevens, the CEO of Lockheed Martin (LMT) made $23 million last year, according to the company’s proxy. Part of his compensation included use of corporate aircraft for personal reasons. Lockheed Martin had…