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: Former Merrill CEO John Thain was named CEO of CIT (NYSE:CIT) Reuters: Toyota (NYSE:TM) is preparing a global Prius recall. Reuters: Private equity firms are bracing for a tax battle. Reuters: Goldman Sachs…
Markets in Asia were lower The Nikkei dropped 1.1% to 9,952. Sony (NYSE:SNE) was hurt by a strong yen. The Hang Seng fell .6% to 19,551, a five-month low. The Shanghai Composite dropped .1%…
2010 is turning out to be the year that big companies return to hiking dividends. In just the last week we have seen dividend hikes from Archer Daniels Midland Company (NYSE: ADM), Boardwalk Pipeline Partners,…
This past week was filled with many surprises and earnings are still coming on strong. We wanted to look at some companies that either have unfinished business or are on deck with pending news this…
The number of videos view online by America internet users has increased steadily over the last three years, primarily due to the success of Google’s (GOOG) YouTube which the search company bought in late…
The FDIC was probably wise to get its member banks to prepay their fees for 2010, 2011, and 2012. The agency brought in $45 billion by the action, just as its capital base went…
Everyone wants to know about Goldman Sachs Group (NYSE: GS) and how much it is going to pay CEO and Chairman Lloyd Blankfein, following a $100 million bonus being paid to what Main Street now considers…
The 2010 Super Bowl is expected to be a return of bold advertising. Whether you are a Colts or Saints fan or no fan at all, it seems that even the non-sports lovers enjoy the commercials…
The rise in the dollar and the most recent wave of added risks that are coming from Europe combined with the loan halts in China have brought havoc to the commodities markets. Oil has…
Air Products & Chemicals Inc. (NYSE: APD) may have opened up a can of worms with its planned acquisition of Airgas Inc. (NYSE: ARG). For starters, Air Products has a market cap of $14.5 billion. Airgas has…
By Max Fisher of The Atlantic Wire When President Obama traveled to China in November, currency policy was among the most-discussed issues. U.S. economists worried, and still do, that China devalues its currency, creating…
These are this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Archer Daniels Midland (NYSE: ADM) Raised to Buy at Deutsche Bank. CIENA Corp. (NASDAQ: CIEN) Cut to Equal…
Many have said that the math from the US Labor Department is fuzzy, and today will only show further conversations of that notion. Despite the negative recent news in weekly jobless claims, the unemployment…
Updated throughout the day. Toyota (TM) will recall the Prius in Japan (Reuters) JPMorgan (JPM) chief Jamie Dimon will be paid $15 million to $20 million in 2009 compensation (FT) Barclays (BCS) will bail AIG (AIG)…
President Obama will meet with China's "enemy of the state," the Dalai Lama, spiritual leader of Tibet. The Chinese government already has protested the visit.
GE (GE) and Comcast (CMCSA) have struck a deal for the cable company to take a controlling share in GE’s entertainment unit–NBCU. Opponents of the transaction claim that it will be anticompetitive for the…
Ford (F) has offered customers who bought some 2010 Fusion and Mercury Milan hybrids “a customer satisfaction program to update the software of the regenerative brake system.” Many media outlets are depicting this as a…
The housing market is already up against a number of barriers to recovery. High unemployment keeps millions of people out of the market for homes. Banks are wary to give mortgages to even the…
Reuters: The economy probably added 5,ooo jobs last month. Reuters: Kraft (KFT) gained control over 75% of Cadbury shares. Reuters: Toyota (TM) may recall the Prius. Reuters: Publishers and Amazon (AMZN) are still fighting…