MBIA Inc. (NYSE: MBI) reported some mixed earnings after the close. The only reason it even really matters is because Radian Group Inc. (NYSE: RDN) has such better earnings than expected last week. The…
Anthera Pharmaceuticals, Inc. (NASDAQ: ANTH) is a very unusual Monday IPO. The fact that it is being viewed as a dud has little to do with the day of the week. Late last week,…
Goldman Sachs Group, Inc. (NYSE: GS) is going to get hear more criticism over the notion that it creates so many millionaires. Compensation has been an issue since about half way through the recession,…
Direxion is launching a new mutual fund to cover IPOs. This is not an ETF and is not one of the leveraged instruments out there you have seen from Direxion. The company is launching…
Updated throughout the day. Germany and France will help bail out Greece by taking 50% of a 30 billion euro offering by the troubled nation. (various) Hedge fund NIR Group is being investigated for…
John Tamny of Forbes The wise minds of the financial world have, it seems, reached a banking compromise that will please everyone. Banks benefiting from their FDIC backing and ability to access the…
The presumed causes for Greece’s deficit and current financial crisis number in the dozens. The most often mentioned are the spending habits of administrations prior to the current one, the way that Greeks have of not…
These are ten of the top analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this Monday morning in the pre-market hours: Berkshire Hathaway Inc. (NYSE: BRK-B) Cut to Market…
McDonald’s Corp. (NYSE: MCD) has enjoyed the status of being the greatest restaurant story in history. In our lifetime, or in any for that matter, the company grew from a start-up to a Dow…
A deal for UK insurance company Prudential to buy AIG’s (AIG) large Asia insurance firm for $35.5 billion will be announced today. That should be a relief for US taxpayers who have invested $182 billion in the…
China’s manufacturing sector slowed more than expected in February. The nation’s Purchasing Managers’ Index dropped to 52 in February from 55.8 in January. The culprit of the slowdown was a tightening of credit in…
Twenty-six percent of Americans now get news via their cellphones, according to a Pew Research poll of 2,259 people taken between December 28 and January 19. The study shows that 43% of people under…
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 changes,…
Reuters: Some senators want hearings on the Fannie Mae (FNM) and Freddie Mac (FRE) bailouts. Reuters: Toyota (TM) is at work in China on damage control. Reuters: Asia factory output expanded by China slowed…
Markets in Asia were higher. The Nikkei rose .5% to 10,172. Toyota (TM) fell. The Hang Seng was up 2.2% to 21,057. HSBC (HBC) moved higher. The Shanghai Composite was up 1.2% to 3,088.…
American companies have been criticized for years for outsourcing work, particularly to China and India. Much manufacturing work actually went to other nations, such as Vietnam and Mexico, but China has been a convenient…
All of the news about housing that was so good in the fourth quarter became bad in the first two months of the new year. Foreclosure rates are still up and some analysts expect…
This coming week we have many key issues coming front and center in our list of “Unusual Suspects.” Some are ongoing issues with mergers and the waves of earnings reports seem to be quieting…
Apple (AAPL) found that three of the companies that provide it with components to build its products employ underage workers. Apple’s 2010 Supplier Responsibility reports says that “Apple discovered three facilities that had previously…
The United States may be Toyota’s largest market, but the largest car market in the world is China. After a grilling by Congress and meeting with the Transportation Secretary and employees meant to save as…