China’s GDP grew at a 9.5% rate last quarter and the country increased inflation forecasts (Reuters) Moody’s cut Ireland’s rating to junk (Reuters) EU leaders may let Greece default (Reuters) Netflix (NASDAQ:…
Each year, Capgemini publishes the U.S. Metro Wealth Index, which ranks the number of high-net-worth individuals living within the ten largest metropolitan statistical areas. According to the report, high-net-worth Individuals “are defined…
The coming week will be the unofficial start of earnings season, with the major flow of corporate earnings reports seeing the floodgates opening the following week. We have already identified the 15…
24/7 Wall St. is probably not alone in noticing that there were very few earnings warnings issued by the major companies that dictate market trends going into the end of June. That…
Banks object to plans that would allow regulators to clawback pay if a bank becomes troubled and has to be liquidated (Reuters) Geithner has not told The White House he wants to…
The site FoxNewsPolitics.com, part of the online presence of the huge Fox and Fox News online presences was hacked. Malicious tweets said President Obama had been killed. Obama is actually safe on…
Jon OggEach morning we cover about fifteen top analyst calls for investors and traders to consider. Some calls offer great insight, and some are quite literally career-killing flops. At the end of…
Strauss-Kahn may be released because of fraudulent charges (NYT) Geithner may retire as Treasury Secretary (Reuters) The Fed Bullard said QE2 was similar to more rate cuts (Reuters) Lockheed Martin (NYSE: LMT)…
Banks were already having a good day, but a new ruling has come out from the Federal Reserve on interchange fees. Maybe the proper description would be “less bad” of news. Banks…
Bank of America Corporation (NYSE: BAC) is showing investors this morning that its book value may actually be more relevant than what it had been given credit for. The largest bank by…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. AK Steel Holding Corporation (NYSE: AKS) Raised to Buy at Deutsche…
Microsoft (NASDAQ: MSFT) launched its new cloud product, Office 365. Many of the business clients of the world’s largest software company no longer want Office to run on their PCs and servers.…
Do voluntary markets for renewable energy work? Government-mandated energy portfolios sort of work although the energy costs more and utilities — and consumers — often wail at having to buy the more…
China has loosened up its regulations and will now allow banks to distribute foreign mutual funds later this year. Winners are expected to be Citigroup, Inc. (NYSE: C) and HSBC Holdings plc…
The stock market may have bounced after six straight weeks of selling, but things were getting bad enough that even the solid market leaders like Apple were being taken to the woodshed. …
