The country’s largest financial institutions are having another good day today, despite the announcement by the European Central Bank (ECB) early this morning that it would not be lowering interest rates. Shares…
Publicly traded companies, by definition, have many shareholders. The company’s management is supposed to be accountable to those shareholders. As it turns out, however, in some cases shareholders have limited power, and in…
The European Union may form a central office of treasury to match the European Central Bank. (Reuters) Ford (NYSE: F) may create brands specific to the Chinese market. (Reuters) The slowing economy…
The three major US stock indexes opened lower this morning as investors did not pay attention to a report that the eurozone would allow its bailout fund to be used to recapitalize…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. American International Group (NYSE: AIG) Raised to Buy at Sandler O’Neill. Angie’s…
The major US stock indexes opened sharply lower again this morning as investors consider Greece’s commitment to the austerity measures it had previously agreed to. Renegotiating the deal seems out of the…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. American International Group, Inc. (NYSE: AIG) Raised to Buy at Goldman Sachs. Analog…
The GAO says the government could make $15.1 billion on its AIG (NYSE: AIG) bailout investment. (Reuters) Facebook CEO Mark Zuckerberg begins the company’s IPO road show. (Reuters) Comscore says people spent…
At one time US taxpayers owned more than 90% of American International Group Inc. (NYSE: AIG). Today taxpayers own about 63% of the insurance giant, following AIG’s purchase of about 65 million…
Paul Ausick France and Greece are not the only nations in which the forces of austerity suffered a setback. The party of Angela Merkel, the champion of government cost cuts across Europe, gave up ground in local…
Voters in Greece and France turn away from German austerity measures set for the region’s weakest nations. (Reuters) AT&T (NYSE: T) moves into the home monitoring market. (Reuters) Ally Financial falls back…
The US government will cut its stake in AIG (NYSE: AIG), again. It plans to take its total piece of the company down to 63%. The cost of the bailout to taxpayers…
Douglas A. McIntyre Markets are lifted by Fed comments that the economy is recovering and that it will keep rates low. (Reuters) Chrysler posts its best earnings since being partially taken over by Fiat. (Reuters)…
A judge objects to parts of an AIG (NYSE: AIG) suit to block a Bank of America (NYSE: BAC) settlement over mortgage bond sales. (Reuters) Apple’s (NASDAQ: AAPL) earnings are better than…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. American International Group Inc. (NYSE: AIG) Raised to Outperform at William Blair.…
