Updated throughout the day. Citigroup (NYSE:C) will name John Havens as president (WSJ) Starbucks (NYSE: SBUX) will launch a new product that will allow customers to pay via smartphone (NYT) Douglas A.…
These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Annaly Capital Management, Inc. (NYSE: NLY) Cut to Hold at Jefferies. Apple…
There are several ways to rank America’s most widely followed public companies. They could be ranked by annual sales, brand value, market capitalization, number of customers, or profits. Another approach is to…
Obama and China president Hu Jintao are likely to clash on economic issues. (Reuters) The American Chamber of Commerce in Shanghai said regulations which are not enforced are the largest problem in…
Citigroup Inc. (NYSE: C) has announced its fourth quarter earnings and the headline data is both disappointing and somewhat not as representative as it seems on the surface. Earnings were positive for…
Jon C. Ogg Some Senators said they would pass a currency bill to punish China on the value of the yuan just as the People’s Republic president Hu Jintao visits Obama. (Reuters) Citigroup (NYSE: C)…
The heads of several major investment banks attempted to sell their services of an AIG (NYSE: AIG) plan to pay off money it owes taxpayers (Reuters) Forecasts from Intel (NASDAQ: INTC) helped…
Short sellers cut their bets against tech shares as earnings seasons approaches, based on data of short interest in major stocks as of December 31. Shares short in Intel (NASDAQ: INTC) dropped…
There has been an amazing feat in 2010. All of the most recent companies which have been booted out of the Dow Jones Industrial Average have outperformed their replacement stocks and the…
Bank of Montreal (NYSE: BMO) is expanding in the U.S. The fourth largest bank in Canada is acquiring Marshall & Ilsley Corp. (NYSE: MI) for $4.1 billion in stock. The terms call…
You most likely saw the carnage that came to MasterCard Incorporated (NYSE: MA) and Visa, Inc. (NYSE: V) today. The markets were braced for more changes coming to the interchange fees, also…
The U.S. Treasury has exited its stake in Citigroup Inc. (NYSE: C). Normally you would expect shares to drop when you see 2.4 billion shares sold out or so, but that is…
Reuters: Obama’s deal with Congress will extend Bush tax cuts for two years. Reuters: The US will sell its remaining shares in Citigroup (NYSE: C) and will make a $12 billion profit.…
An SEC filing right after the close of trading on Monday is showing that the Treasury is set to unload shares of Citigroup, Inc. (NYSE: C). The filing did not disclose how…
Jon C. Ogg Regulators have hinted in the U.S. about the stage being set for a return to normalized dividends from major banks. If Canada is a model and if the Canadians act as a…
