Bank stocks will rebound and telecom shares will rise. That is, at least, the prevailing opinion among short sellers as of October 15. Telecom and telecom equipment shares will benefit from an…
Updated throughout the day. Bank of America (NYSE: BAC) has found a number of errors in its mortgages (WSJ) Adobe (NASDAQ: ADBE) will try to stay independent. (Financial Times, Germany) The President’s…
Reuters: What might have become a currency war before the G20 has turned to very tentative cooperation. Reuters: Emerging nations will have more say in IMF policies. WSJ: Bank of…
Financial regulatory measures may have finally caught up to the ability of some large banks to stabilize their balance sheets. This problems sits side-by-side with the foreclosure document scandal which has left…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Some of the most active stocks or largest moves…
These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN) Cut to Hold at Citigroup; Cut to Hold at…
Wells Fargo & Co. (NYSE: WFC) managed to beat earnings this morning. Warren Buffett’s favorite bank posted a gain of 19% in net income of $3.15 billion, translating to $0.60 EPS on…
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Bank of America Corporation (NYSE: BAC) is following Citigroup, Inc. (NYSE: C) and JPMorgan Chase & Co. (NYSE: JPM) by beating earnings expectations. Many of the headlines will describe a loss of…
Reuters: Geithner said the US would no devalue to dollar to get a trade advantage. Reuters: Bank of America (NYSE: BAC) has begun foreclosures again. Reuters: Roy Ozzie, the chief software architect…
The week of October 18 to 22 is jam-packed with earnings. It also happens that eleven of the thirty DJIA components reporting earnings will be delivered next week. On deck are such…
Bank of America Corporation (NYSE: BAC) may have more exposure than the rest of the money center banks due to its acquisition of Countrywide, and the spate of news about disclosure documents…
Bank of America (NYSE: BAC) and Apple Inc. (NASDAQ: AAPL) are a nearly perfect cameo of where the stock market is now, and where it is likely to remain after earnings season.…
Ambac Financial Group, Inc. (NYSE: ABK) is neither a company nor a stock that is without controversy. It has a lot of fans who have been buying shares before and after it…
Jon C. Ogg Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
