At times it seems that highly paid CEOs live in another universe that is barely related to the world the rest of us inhabit. And the CEOs of the largest US banks…
Steve Jobs, the cofounder of Apple (NASDAQ: AAPL), dead at 56. Microsoft (NASDAQ: MSFT) may make a bid for Yahoo! (Reuters) Sprint-Nextel (NYSE: S) to sell the iPhone with an unlimited data…
Are the Wall Street bankers, traders, and brokers really starting to do the right thing when it comes to controlled greed and compensation? If you ask the poor Wall Street protesters, probably…
AMRSome companies that are rumored to file for Chapter 11 do not. That appears to be the case with Eastman Kodak (NYSE: EK) and AMR (NYSE: AMR), parent of American Airlines. But…
AMRAMR Corporation (NYSE: AMR) is in trouble. That is at least what the rumor mill is trying to signal. What may seem like aggressive reporting over the weekend has added fuel to the…
The only way to fix the U.S. economy may be massive debt reductions for individuals and governments. (Reuters) Greece misses GDP targets. (Reuters) Intel (NASDAQ: INTC) buys mobile navigation company Telmap. (Reuters)…
For several years, investing in large alt energy projects depended on large commercial banks being able to profit from the tax equity generated by a project’s developer. That investment strategy began to…
The federal government begins to probe the accounting of several Chinese companies. (Reuters) EU markets to decline more this quarter than in any other since 2008. (Reuters) Bank of America (NYSE: BAC)…
Despite the debacle with a $535 million loan guarantee to now-bankrupt Solyndra, the US Department of Energy is pressing ahead with loan guarantees to solar projects ahead of tomorrow’s deadline. Two guarantees…
CNNMoney: First-time unemployment claims tumble to 391,000, down 37,000 in the latest week — the lowest level since April, government says. CNNMoney: U.S. economy grows at 1.3% annual rate in second quarter,…
Douglas A. McIntyre IPOs of Citic Securities and Great Wall Motor struggle, a sign that offerings from China are in trouble. (Reuters) The unresolved Greece problem continues to damage markets. (Reuters) Amazon.com (NASDAQ: AMZN) may…
The Federal Housing Finance Agency Office of the Inspector General reports that Freddie Mac made a poor deal when it settled claims about bonds sold to it by Bank of America (NYSE:…
Douglas A. McIntyre Short sellers appear ready to follow bank stocks all the way down to zero, at least based on data for the period that ended September 15. Shares short in Citigroup (NYSE: C)…
Some boards of directors of America’s largest public companies have shown such poor judgment guiding their troubled corporations that they have long stopped being effective. Just recently, the misguided actions of the…
Jon OggEach morning we review our top upgrades, downgrades and initiations from Wall St. research notes. We then look back over these at the end of the week to more closely review…
