The Federal Reserve will probably accept the Basel accords which would make US banks hold more capital. According to The Wall Street Journal, While big U.S. banks that are asked to maintain higher cushions…
Douglas A. McIntyre Zynga posts at the high end of its IPO range and will raise $1 billion. (Reuters) Congress reaches a tentative deal to keep the government open. (Reuters) Bill Gross’s PIMCO Total Return Fund…
If there is one money-center bank in America which is deemed quality and which can pass stress tests, it is J.P. Morgan Chase & Co. (NYSE: JPM). We also have it earmarked…
People who were asked which is more of a threat to the U.S. — big business or big government — picked big government by a more than two-to-one margin. Consider it a sign…
Congress, close to a budget agreement, may avoid a government shutdown. (Reuters) Washington Mutual shareholders and creditors set a deal that could allow an exit from bankruptcy. (Reuters) The policy meeting of…
Just 38% of corporate executives expect the US economy to expand in 2012. That’s down from 56% in 2010 who expected expansion this year and 66% in 2009 who expected growth in…
Paul Ausick Many American companies have done incredibly well this year. A number posted extraordinary financial results in 2011. Others have launched products that revolutionized markets. Of course, many big public corporations also did…
The attorneys general of Nevada and California have agreed to co-operate in an investigation of of mortgage fraud and lender misconduct and not to be part of the ongoing settlement talks between…
Eleven American companies have laid off a total of nearly 600,000 people in the past two decades. Each also fired a large number of employees at one time to earn it a…
The board of Olympus may resign by late February. (Reuters) China says its annual rate of growth slowed between October and November. (Reuters) Congress pressures the CFTC for stronger regulation after the…
Bank of America (NYSE: BAC) CEO Brian Moynihan has no credibility left on Wall St. That makes his comments that the financial firm’s balance sheet has improved hard to believe. Skepticism will continue…
A New Bailout Fund. Rumors suggest that leading eurozone nations, particularly France and Germany, may have begun the process to create a large bailout fund for the financially weak nations in the region.…
Bank of America (NYSE: BAC) CEO Brian Monihan says that his company’s prospects have improved. He claims third quarter results are better than plan. The bank, like other large US peers, have…
Douglas A. McIntyre Inergy Midstream L.P. has indicated its IPO price range as being $19-$21/common unit and will offer 16 million units when the company goes public. It will trade on the NYSE under the…
Bankrate, Inc. (NYSE: RATE) is actually holding up better than many secondary offering and post-IPO investors might have considered today. The company announced after the close on Friday that its underwriters agreed…
