By Paul Ausick of 24/7 Following in footsteps of JPMorgan Chase (JPM), Citibank (C) today reported a net loss of $1.6 billion for 2009 on losses in mortgage and credit card lending…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined be earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
This week’s Unusual Suspects are not just about earnings season, despite the deluge and onslaught we are about to see. We have a watch for events this week in shares of Acorda…
Jamie Dimon and friends over at JPMorgan Chase & Co. (NYSE: JPM) will kick off the earnings season for the major money center banks and too-big-to-fail institutions on Friday in the early…
We have compiled from press releases and from company announcements a company-by-company donation and effort pledge to help in the relief efforts after the disastrous earthquake in Haiti. These are partial explanations…
These are Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Amazon.com Inc. (NASDAQ: AMZN) Raised target to $160 from $130 at Barclays. Bank of America Corporation (NYSE:…
Reuters:Â Â Google (NASDAQ:GOOG) may leave China due to attempts to hack into its service there. Reuters:Â Â Oil dropped below $80 on US inventory news. Reuters:Â Â China markets fear tighter money policies from…
John Thain, former co-president of Goldman Sachs (NYSE:GS) and CEO of The New York Stock Exchange and Merrill Lynch, who was virtually shamed into retirement after Merrill was bought by Bank of America (NYSE:BAC),…
Updated throughout the day. Bank of America (NYSE:BAC) is in talks with Cuomo to settle legal issues involved with its buyout of Merrill Lynch (NYTimes) The Federal Reserve made $45 billion in 2009.…
Reuters: Cadbury (NYSE:CBY) posted strong 2009 results, rejected Kraft’s (NYSE:KFT) bid. Reuters:  Bank of America (NYSE:BAC) is in talks to settle with Cuomo. Reuters: The FAA called for inspections of older Boeing…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined be earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength…
Updated throughout the day. GM got last minute bids for Saab NBC wants to move Jay Leno back to his late-night part of the TV schedule. Bank of America (NYSE:BAC) bonuses will…
Bank of America (NYSE:BAC) CEO Ken Lewis is gone now, but the culture of big pay packages established on his watch is not. The bank will pay large bonuses for 2009 to many of…
Reuters:  Oil is at $82 and will move based on US jobs data. Reuters:   Reliance upped its offer for Lyondell to $13.5 billion. Reuters:  An former SAC employee was caught in a probe of…
These are this Thursday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls early this morning: Aetna Inc. (NYSE: AET) Cut to Sell at Collins Stewart. Alcoa, Inc. (NYSE:…
