Today’s Best Market Rumors (12/29/2009)
Updated throughout the day. A “meltdown” is coming for the bond market (CNBC) GM will try to sell down its inventories of Pontiacs and Saturns by offering huge incentives (WSJ) Home prices dropped in…
Updated throughout the day. A “meltdown” is coming for the bond market (CNBC) GM will try to sell down its inventories of Pontiacs and Saturns by offering huge incentives (WSJ) Home prices dropped in…
Short sellers took huge positions in major banks and telecom companies in the two-week period ending December 15. The short interest in Citigroup (NYSE:C) rose 30% to 281 million ahead of the bank…
Reuters: GM is offering huge incentives to sell its inventory of Pontiacs and Saturns. Reuters: Morgan Stanley (NYSE:MS) will overhaul the pay of senior management. Reuters: The departing AIG (NYSE:AIG) general counsel will…
Earlier this week came an alert that a technical event was likely to be seen in the major money center banks and major financial institution stocks pertaining to the 50-day moving averages. …
There is a key technical event that may be close to occurring in some of the major banking and financial stocks. These have all used the 50-day moving average as a key…
Bank of America Corporation (NYSE: BAC) is still well under 100 hours of announcing that Brian Moynihan would replace Ken Lewis as CEO of the largest US bank by domestic deposits. CNBC’s…
Brand measurement is a popular exercise. Several major business magazines run brand value lists. The annual Brand Z and Interbrand lists always get heavy press coverage. Companies are concerned about their rankings…
Reuters: Merger activity will grow slowly in 2010. Reuters: Bank of America’s new CEO said he would focus on execution. Reuters: Profits at RIM (NASDAQ:RIMM) topped forecasts. Reuters: Oracle (NASDAQ:ORCL) posed a surprise…
These are this Thursday’s top ten analyst upgrades, downgrades, and initiations seen from Wall Street research calls: American Tower Corp. (NYSE: AMT) Started as Buy at Deutsche Bank. Amylin Pharmaceuticals (NASDAQ: AMLN)…
Reuters: Obama’s poll ratings on the economy dropped. Reuters: Bank of America (NYSE:BAC) picked insider Brian Moynihan as CEO. Reuters: Bernanke’s confirmation should pass its first hurdle. Reuters: The US delayed selling…
Updated throughout the day. The senior management at AIG (NYSE:AIG) is broke because of losses on stock and low compensation. (WSJ) Bank of America (NYSE:BAC) will get a new CEO from inside…
Reuters: Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) will pay back TARP funds. Reuters: Kraft (NYSE:KFT) says it will be disciplined in its Cadbury (NYSE:CBY) buyout effort. Reuters: Some of AIG’s (NYSE:AIG) top staff…
Citigroup’s (NYSE:C) announcement that it will pay back its TARP funds was not enough news for the day from the banking sector. Bank of America (NYSE:BAC) will not hire Robert Kelly current…
The Top Fifty websites based on their percent of US online visits from January to November 2009 are dominated by search and e-mail. The top dozen sites according to data from Hitwise include…
Reuters: Abu Dhabi supplied Dubai with $10 billion in bail out funds. Reuters: Cadbury (NYSE:CBY) is optimistic about its fight against Kraft (NYSE:KFT). Reuters: Arcelor Mittal could cut 10,000 jobs. Reuters: “Naked access”…