If it is true, it would be another sign of desperation. The Charlotte Observer reports that Bank of America (NYSE: BAC) could lay-off 30,000 people over several years. The bank has come…
Jon OggThe recovery has been stalling and it is becoming easier and easier to argue that the next recession (often mislabeled as a double-dip recession) is afoot. Friday’s net-zero in August non-Farm…
American International Group, Inc. (NYSE: AIG) has filed a registration Form S-1 for a proposed initial public offering of its wholly-owned IFLC Holdings, Inc. subsidiary. IFLC is the aircraft leasing unit of…
Federal authorities want a plan from Bank of America (NYSE: BAC) to cover plans if its financial situation gets much worse (WSJ) Regulators have pressed high frequency traders to reveal their holdings…
Douglas A. McIntyre To say that the situation had become painful at Bank of America (NYSE: BAC) would be the understatement of the year. Shares were trading at $10.22 on July 21, before the meltdown…
U.S. regulators may ask high-frequency trading firms to provide details of their trades. (Reuters) The Federal Reserve tells Goldman Sachs (NYSE: GS) it must review its foreclosure records. (Reuters) Experts cut expectations…
An Institute for Policy Studies report says many CEOs at the 100 largest U.S. companies made more than their companies paid in taxes. (Reuters) Bank of America (NYSE: BAC) knew of a…
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-B) is 81 years old today and many are paying tribute. Earlier this year, we gave a breakdown of his greatest investments in history. The…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and  moves in shares of Bank of America Corporation (NYSE:BAC), Dollar General Corp. (NYSE:DG), Emerson Electric Company…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) Reiterated Buy with $27 target…
Foreign oil companies may have to give up natural gas rights in Iraq. (Reuters) Several large pharma firms are in the early stages of an attempt to find new and more effective…
Bank of America Corp. (NYSE: BAC) raised $5 billion in cash from Warren Buffett last week, and the bank announced this morning that more cash is on the way from a sale…
Jon OggEach morning we review our top upgrades, downgrades, and initiations from Wall Street analysts. At the end of the week, we review these more closely along with other calls made throughout…
Steve Jobs’s transition from CEO of Apple (NASDAQ: AAPL) to chairman has caused a great deal of ink to be spilt on the departure of other famous CEOs, such as Walt Disney,…
Now that Bank of America Corp. (NYSE: BAC) has raised $5 billion in cash from Warren Buffett, it’s time to look around and see what assets the bank might have on the…
