A consortium led by Sony Corp. (NYSE: SNE) has received US Federal Trade Commission approval to acquire the music publishing arm of EMI from Citigroup Inc. (NYSE: C). Citigroup acquired the business…
The three major US stock indexes opened higher this morning as despite weak data from the UK and higher debt yields on Eurozone sovereign debt. Spanish 10-year bonds rose to a record…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Apple Inc. (NASDAQ: AAPL) Reiterated as Outperform with $675 price target at…
Publicly traded companies, by definition, have many shareholders. The company’s management is supposed to be accountable to those shareholders. As it turns out, however, in some cases shareholders have limited power, and in…
The three major US stock indexes opened sharply lower this morning on weak PMI reports from Europe and even weaker news on US employment (our coverage here). The US ISM manufacturing index…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday ahead of the key jobs and employment data. The well known analyst…
The three major US stock indexes opened lower this morning after European leaders disagree on a fiscal response to the continent’s debt crisis(our coverage here). New US home sales were slightly above…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Applied Materials Inc. (NASDAQ: AMAT) Raised to Neutral at Goldman Sachs. Ariba…
Carlyle Group (NASDAQ: CG) is originally being viewed as a mixed debut for an initial public offering. The market remains a bit cautious when it comes to investing into private equity outfits…
Markets opened lower this morning and didn’t recover. The ISM services index came in lower than expected (our coverage here) and the EIA report on crude oil inventories pushed crude prices down…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday. American International Group (NYSE: AIG) Raised to Outperform at Bernstein. Bazaarvoice Inc.…
Michaels Stores, Inc. has just filed its paperwork with the Securities and Exchange Commission to come public again via an initial public offering. Todays move confirms recent reports and speculation that private…
Jon C. Ogg Markets opened slightly higher this morning, expecting good news from today’s report on existing home sales. Alas, the number came in lower than expectations and sent the DJIA to a daily low…
Cheniere Energy Inc. (AMEX: LNG) increased the size of its secondary stock offering from 17 million to 21 million shares and priced the offering at $15.10/share this morning. Credit Suisse, the sole…
Apple (NASDAQ: AAPL) to launch a new iPad next week. (Reuters) Blackstone (NYSE: BX) says CEO Stephen Schwarzman made $213 million last year. (Reuters) The Justice Department is looking at whether banks…
