There has been a lot of investment buying of foreclosed and distressed US houses, and one of the questions that always comes up is how an essentially local business can be managed…
Reports were out over the weekend that Knight Capital Group Inc. (NYSE: KCG) was raising some $400 million in bailout and survival capital. The company confirmed this in an SEC filing on…
For the second time this year, a start-up company has shelved a planned IPO. This time its Coskata Inc., an Illinois-based company that manufactures ethanol from any carbon-based material. In April, Canada’s Enerkem…
The three major US stock indexes opened higher this morning following the release of Chinese GDP and other data. The Middle Kingdom’s GDP grew at a rate of 7.6% in the second…
The three major US stock indexes opened lower this morning even though China’s central bank lowered interest rates (our coverage here), the Bank of England boosted its asset purchase program and the…
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…
