The 24,000 employees of Barclays plc (NYSE: BCS) can look forward to an announcement next week that they will be getting a cut of 25%-30% in the compensation this year. That’s not…
The three major US stock indexes opened higher this morning, following on a positive debt sale by Portugal and some improvement in PMI numbers from Europe. ADP employment data did not meet…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. Amazon.com Inc. (NASDAQ: AMZN) Maintained Neutral but cut target…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning. Advanced Auto Parts Inc. (NYSE: AAP) Raised to Buy…
Goldman Sachs Group Inc. (NYSE: GS) has come out with a set of upgrades in the bank and brokerage sector this morning. These are the sort of calls that when a firm…
EU leaders agree to create the European Stability Mechanism, which will have funds of 500 billion euro and begin its business in July. (Reuters) EU leaders probably will create a 20 billion…
Citigroup Inc. (NYSE: C) will close its proprietary trading desk next month and all remaining employees will leave the company, according to a report from Bloomberg News. The closure has been known…
Paul Ausick For the first time in a long time, short sellers have increased their bets that the stock prices of most large companies and in most large sectors will fall. The NYSE and…
Ben Bernanke says the Fed is prepared to buy more bonds. (Reuters) NEC to cut 10,000 workers. (Reuters) Nintendo posts poor earnings and cuts forecasts. (Reuters) Warren Buffett says higher taxes on…
Apple (NASDAQ: AAPL) has another blow-out quarter driven by iPhone sales. (Reuters) Japan has its first trade deficit since 1980. (Reuters) Yahoo! (NASDAQ: YHOO) posts weak earnings on a revenue drop. (Reuters)…
State and federal government officials are near a deal to settle improper foreclosure charges against a number of banks. The amount of the agreement will cause financial firms to pay about $25…
Bank of America Corporation (NYSE: BAC), J.P. Morgan Chase & Co. (NYSE: JPM), Wells Fargo & Co. (NYSE: WFC), Citigroup, Inc. (NYSE: C) are among the banks and lenders which could be…
Citigroup Inc. (NYSE: C) CEO Vikram Pandit was awarded an annual bonus for 2011 of $3.7 million in stock after the bank posted net income for the year of $11.3 billion. Twelve…
Paul Ausick Stocks opened higher this morning and have mostly remained in positive territory throughout the day. Reports that China was considering lowering its banks’ capital reserve requirements boosted both Asian and European markets…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. ADTRAN, Inc. (NASDAQ: ADTN) Cut to Hold at Needham…
