The executives and traders at Goldman Sachs (NYSE:GS) and other successful financial firms in the US had better hope that the American government does not follow UK precedent on collect money from banker bonuses.…
These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations seen from today’s Wall Street research notes: Alliant Techsystems (NYSE: ATK) Raised to Outperform at Macquarie. CA Inc. (NYSE: CA) Raised to Buy…
The best way to speed through airports this holiday may be to cheat the system According to The Washington Post, “The Transportation Security Administration inadvertently revealed closely guarded secrets related to airport passenger screening…
The numbers on the sharp GDP improvement in the Japanese economy for the third quarter were not correct. The Japanese government says that they were not even close. Originally, the data showed the economy…
The Congressional Oversight Panel says in a new report that the TARP did one thing and did it well. It prevented the terrible panic in the credit markets from spreading while stabilizing the banking system.…
Zillow, the real estate home price research company, says that the value of residential real estate ended its sickening drop in 2009. The firm’s chief economist writes, “Total home values in the United States…
JD Power’s Sales Satisfaction Index Study for 2009 has been published. The research firm questioned 48,000 people. American cars did well as they have for several years in the Powers Initial Quality Survey, its…
There is still a place in the world of economists where the Tooth Fairy visits. It is where those who believe unemployment is about to improve, consumers will have access to growing amounts of credit that…
Reuters: China remains a top investment place for US firms. Reuters: Suzuki sold a stake to VW. Reuters: The Administration will extend TARP until next October. Reuters: The Congressional Oversight Committee said TARP had…
Markets in Asia fell sharply. The Nikkei dropped 1.3% to 10,005. Honda (NYSE:HMC) and Toyota (NYSE:TM) fell. The Hang Seng was off 1.4% to 21,761. HSBC (NYSE:HBC) fell. The Shanghai Composite was lower by…
Texas Instruments Incorporated (NYSE: TXN) raised guidance at its mid-quarter update. The problem is that looks like it has already been baked into the cake after seeing rivals make their guidance updates and with…
FedEx Corporation (NYSE: FDX) rose over 3.5% to a yearly high of $90.62 after the nations second largest package shipping company announced that it will report earnings of $1.10 per share for the fiscal…
The hedge fund industry is back to having assets worth more than $2 trillion in November, according to Hedgefund.net. The gain of 3.39% came to $2.037 trillion for the hedge fund sector, making this…
Tiger Woods has been the dominating news force over the last week. It has been such a distraction that we have even worried that this would take everyone’s eyes and ears off of the…
J. D. Power and Associates released its new 2009 sales satisfaction index. The survey covers responses from 48,000 people and “is measured for five factors: dealership facility; salesperson; paperwork/finance process; delivery process; and vehicle price.” Of…
CIT Group Inc. (OTC: CITGQ) is emerging from bankruptcy. The company has just announced that its prepackaged plan of reorganization was confirmed by the United States Bankruptcy Court for the Southern District of New…
Cisco Systems Inc. (NASDAQ: CSCO) is hosting its analyst day today, and we have been listening to comments and reviewing some of the data at its slide show. CEO John Chambers is effectively confirming…
Fitch Ratings joined in with a downgrade of Greece’s credit rating following a similar action yesterday by Standard & Poor’s. The downgrade this morning was to “BBB+” from “A-“… and the ratings outlook remains…
Claymore Securities, Inc. is launching the Claymore China Technology ETF (NYSE: CQQQ). This is said to be the first exchange traded fund with a specific focus on the Chinese technology sector, and marks Claymore’s…
The world of special purpose acquisition companies is already a strange one that offers a bit of individualized private equity via the stock market. The deal between BPW Acquisition Corp. (AMEX: BPW) and The…