In the stock picking beauty pageants, JP Morgan (NYSE: JPM) has won a prize. Bloomberg reported: JPMorgan, under Americas equity research head Noelle Grainger, scored the largest number of highly ranked analysts,…
Groupon (NASDAQ: GRPN) hit an all-time low of $7.72 yesterday. CNBC points out that part of the cause was the online coupon company’s exposure in Europe. The observation may be the first…
This Friday is going to mark a key earnings day when we get earnings from J.P. Morgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC). These two earnings…
Italy may turn to the eurozone as it weighs options for its debt. (Reuters) AMR, still in Chapter 11, will consider mergers with other airlines, which could include US Airways (NYSE: LCC), JetBlue (NASDAQ:…
The world’s largest companies have never had a reputation for showering investors with information about their financial situations and operations. The rules that might make them do so are too lax. Government authorities…
Some wireless companies oppose the use of their networks as a means to make political contributions. (Reuters) Chinese inflation falls as the nation’s economy cools. (Reuters) The push to put together a European…
As of late last week we had many potentially imminent buyouts that could have hit the market. When we were just finishing the report draft on Friday is when the Amylin Pharmaceuticals,…
J.P. Morgan Chase & Co. (NYSE: JPM) was up with the rest of the banks at the open on Friday, but something happened along the way and the bank ended up being the…
Barely six weeks after an unsuccessful offer of $24.75/share for Avon Products Inc. (NYSE: AVP), Coty Inc. has filed a Form S-3 with the SEC today, revealing its plans for an IPO…
J.P. Morgan Chase & Co. (NYSE: JPM) is weak this morning on word that the bank’s trading losses will be much wider than originally reported. The market knew that the loss would…
courtesy Facebook Inc.This week marks the end of the Facebook, Inc. (NASDAQ: FB) analyst quiet period for those many brokerage firms which have analysts who will finally be free to initiate coverage…
Moody’s recent downgrade of 15 of the world’s largest banks, along with JP Morgan Chase & Co.’s (NYSE: JPM) multibillion trading loss, make it clear that certain big banks are just not…
The heads of Germany, France, Spain and Italy meet to seek a solution to the financial crisis in the eurozone. (Reuters) A “bug” interrupts Twitter service twice. (Reuters) Moody’s downgrades 15 banks,…
We had been informed that Moody’s was going to finally release its massive downgrade of the banking system today. The Moody’s warning came back in February that the downgrade was coming, so this…
24/7 Wall St. has been expecting this highly anticipated Moody’s downgrade of the large banks and investment banks for weeks. It appears that the wait is over as the downgrade is set…
