Spain’s industrial production falls 5.1% on an annual basis in February. (MarketWatch) U.S. brokerage firms pay increasingly higher bonuses to get top producers. (Reuters) Alcoa (NYSE: AA) has a surprising first-quarter profit.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday. American International Group Inc. (NYSE: AIG) Raised to Outperform at Wells Fargo.…
Markets opened lower this morning and there was no news sufficient to unleash significant buying. The report on new claims for unemployment benefits came in about as expected (our coverage here), and…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday. American International Group (NYSE: AIG) Reiterated Buy with $40 target at BofA/ML.…
The largest of the remaining institutions in the federal government’s Troubled Asset Relief Program (TARP) re-paid its $3.5 billion loan today. Regions Financial Corp. (NYSE: RF) has also paid US taxpayers $593…
American International Group Inc. (NYSE: AIG) may have yet one more rabbit to pull out of the hat that could pay back the American taxpayers who funded its bailout during the financial…
Jon C. Ogg Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday. American International Group (NYSE: AIG) Raised to Outperform at Bernstein. Bazaarvoice Inc.…
After a record first quarter, investors will look more carefully at financial data and earnings. (Reuters) Wells Fargo (NYSE: WFC) to open a division to handle the ultra-rich. (Reuters) Strong Chinese PMI…
In Las Vegas it pays to be the house. Apparently this is true in Washington D.C. as well. The Federal Reserve System has now released the 2011 combined annual comparative financial statements. …
Jon C. Ogg The US Treasury reported this morning that it had sold the last of the $225 billion in mortgage-backed securities (MBS) that it purchased beginning in 2008 at the height of what appeared…
Paul Ausick Rumors continue that the U.S. and UK will release some of their strategic oil reserves to help abate rising gas and oil prices. Gas prices increased again yesterday to $3.831, up from…
The U.S. will tap its Strategic Energy Reserve as a way to bring down gasoline prices. (Reuters) A large rise in iPad sales helps drive Apple’s (NASDAQ: AAPL) shares to new highs.…
The period in which financial toxic assets where considered the most dangerous assets a bank could hold has ended. The Wall Street Journal reports that Goldman Sachs (NYSE: GS) and other banks…
American International Group, Inc. (NYSE: AIG) is under a bit of pressure this morning, although the move is on top of something we had warned about in recent days. The United States…
Jon C. Ogg The Greek government probably will get its way as it puts finishing touches on its debt restructuring. The aid from its neighbors, the International Monetary Fund and, indirectly, the European Central Bank…
