Shares of electronic trading firms are under a bit of pressure today over fears of more price wars in the highly competitive electronic trading arena. The pressure comesx after Fidelity said it was cutting…
Leap Wireless International Inc. (NASDAQ: LEAP) was up huge late in the trading on Monday. In fact, it posted double-digit percentage gains on late-day that it had hired Goldman Sachs and Morgan Stanley to…
From The Atlantic Wire By Max Fisher With the U.S. budget deficit to hit $1.6 trillion in the current fiscal year, a post-World War Two record, grim predictions are rolling in. Deficit spending is…
Updated throughout the day. The George Soros controlled Latin American land and energy venture Adecoagro may raise money via an IPO (Bloomberg) Goldman Sachs (NYSE:GS) may cut its CEO’s annual payout because of pressure from…
These are today’s top day trader and active trader alert stocks. We have links over to VSInvestor (except on one) with more details and analysis on each story: Comsys IT Partners, Inc. (NASDAQ: CITP)…
These are this Tuesday’s top analyst upgrades, downgrades, and initiations seen in early all Street research calls: Advanced Micro Devices (NYSE: AMD) Cut to Conviction Sell at Goldman Sachs. Alcoa Inc. (NYSE: AA) Raised…
By Douglas A. McIntyre The percentage of mortgages backed by the FHA that are in default has risen by a third over the last year. According to a report in The Washington Post, “About…
If there was any question about how quickly the Chinese think their economy will grow this year, the production targets for Cnooc, its largest off shore oil and gas exploration company, answer them. Cnooc plans…
The news media is filled with stories about the eight million or more vehicles that Toyota (NYSE:TM) has recalled in the US, China, and Europe. These have gas pedals that can stick, which can cause unintended…
Sony (NYSE:SNE) has had enough problems in the three years since Howard Stringer became CEO. The company’s PS3 has been a disappointment, regularly underselling the Microsoft (NASDAQ:MSF) Xbox 360 and Nintendo Wii. Prices for…
The news media covered all the top line information about the new White House budget. Expenditures will be $3.8 trillion, if the package is approved. The deficit will be $1.6 trillion in fiscal 2010, and…
The Times of London wrote that Goldman Sachs (NYSE:GS) CEO Lloyd Blankfein would be paid $100 million for his work as the head of the bank during 2009. Goldman’s public relations staff denied the story…
Reuters: Volcker will testify that banks should curb risky trading. Reuters: The US sees “no reason” to challenge the Toyota (NYSE:TM) plan to fix cars it has recalled for pedal trouble. Reuters: The new…
Markets in Asia were mixed. The Nikkei rose 1.6% to 10,371. Toyota (NYSE:TM) rose as it shipped parts to complete its recalls. The Hang Seng rose a fraction to 20,251. The Shanghai Composite was…
SIRIUS XM Radio Inc. (NASDAQ: SIRI) may have some risks for new Pandora web radio to the car and over Howard Stern’s contract expiration at the end of 2010, but that is not keeping…
Ron Burkle, a financier who is fond of raiding retail companies, plans to take a 37% stake in the nation’s largest bricks-and-mortar book seller, Barnes & Noble (NYSE:BKS). Burkle’s Yucaipa investment funds have already…
Today the Federal Reserve released its survey of senior loan officers covering the fourth quarter of 2009. The survey covered delinquency rates on commercial and industrial loans made to both small and large firms.…
A war is beginning to take place over Barnes & Noble, Inc. (NYSE: BKS). Ron Burkle, a well-known activist investor who heads various activist investor funds under the name Yucaipa, is trying to go…
The recent trading days have been more than interesting in the market and in the financial sector. The big change came right at the same time that the banks looked poised for another potential…
Oracle Corp. (NASDAQ: ORCL) has just completed its acquisition of Sun Microsystems, and so far we are seeing analysts overwhelmingly in favor of the stock based on the most recent calls or on recent…