Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday. Activision Blizzard, Inc. (NASDAQ: ATVI) Started as Buy at Stifel Nicolaus. Apollo…
Reports in the press say that Bank of America (NYSE: BAC) will allow some people whose homes are in foreclosure to rent them from the bank. Under the “Mortgage to Lease” plan,…
Douglas A. McIntyre Members of Congress face new restrictions on insider trading. (Reuters) The UAW moves to organize a Volkswagen plant. (Reuters) A Brazilian oil regulator reports that the leak on a Chevron (NYSE: CVX)…
Bank of America Corporation (NYSE: BAC) was the victim of a nasty rumor on Monday that sent shares south. The stock is still at a substantial discount to book value even though…
Jon C. Ogg Bank of America Corporation (NYSE: BAC) was doing very well earlier and it hit $10.00 for the first time since August 1, 2011 earlier this morning. That was before the sell-off. While…
Jon C. Ogg Bank of America Corporation (NYSE: BAC) made it back above $10.00 today for the first time since August 21 of 2011. The stock hit a high of $10.10 and the current share…
Jon C. Ogg Mergers and acquisitions bankers may become subject to stricter rules for revealing their personal investments as a result of a review now being conducted at Goldman Sachs Group Inc. (NYSE: GS). A…
Bank of America Corporation (NYSE: BAC) has been an incredible performer in 2012. If you can believe it, it has almost now doubled from the low of $4.92 in December. The question…
Jon C. Ogg Jon Ogg2012 has been a great year for stocks. We have recently seen the NASDAQ return to 3,000 for the first time in a decade. The S&P 500 Index has also now…
By now, most investors know that the large hedge funds are run by billionaires rather than millionaires. What many investors might not know is that some hedge funds are reaching the size…
GS.COMGoldman Sachs (NYSE: GS) was attacked by an executive director who left today. The reason for his departure was that he thinks Goldman is a culture of devils who love money and take advantage of gullible…
J.P. Morgan Chase & Co. (NYSE: JPM) was truly a shoe-in as far as whether or not the bank was going to pass the latest stress tests or not. CEO Jamie Dimon…
J.P. Morgan Chase & Co. (NYSE: JPM) has raised its dividend as we expected. Good news on the surface, but a true disappointment in reality. The bank has declared a quarterly dividend…
The next wave of stress tests on the U.S banks is due to come out by the end of this week. The Federal Reserve is expected to show that bank balance sheets…
Short sellers reduced their positions in major financial firms and their positions in major tech stocks were divided, based on data from the NYSE and Nasdaq for the period that ended February…
