Updated throughout the day. Goldman Sachs (NYSE:GS) may move some of its operations out of London to avoid high taxes on banker bonuses (London Telegraph) Kraft (NYSE:KFT) will raise its bid for…
The year 2009 is in the books and some of the most troubled companies of the last decade made the biggest returns among S&P 500 firms in 2009. Among S&P 500 stocks, Ford (NYSE:F), which two…
These are this Tuesday’s top analyst upgrades, downgrades, and initiations seen in a thin week of coverage and Wall Street research calls: Amazon.com Inc. (NASDAQ: AMZN) Reiterated Outperform but target raised to…
Earlier this week came an alert that a technical event was likely to be seen in the major money center banks and major financial institution stocks pertaining to the 50-day moving averages. …
Reuters: Pay czar Feinberg approved compensation at several bailed out firms. Reuters: Oil moved above $77 as US crude stocks dropped. Reuters: The US is probing some banks about their sale of…
There is a key technical event that may be close to occurring in some of the major banking and financial stocks. These have all used the 50-day moving average as a key…
E*TRADE Financial Corporation (NASDAQ: ETFC) has some good news this morning, although this could actually be bad news for those hoping for an immediate takeover. The company has been without an heir…
Updated throughout the day. Dubai World will meet with creditors but offer no proposals (various). China’s sovereign fund CIC will get a new infusion of $200 billion (FT) Goldman Sachs (NYSE:GS) will moves…
Douglas A. McIntyre Meredith Whitney must be staggering her bank coverage news out to get more exposure, or at least that is a cynical take on the matter. Yesterday, she hit Goldman Sachs Group Inc.…
Brand measurement is a popular exercise. Several major business magazines run brand value lists. The annual Brand Z and Interbrand lists always get heavy press coverage. Companies are concerned about their rankings…
Reuters: Merger activity will grow slowly in 2010. Reuters: Bank of America’s new CEO said he would focus on execution. Reuters: Profits at RIM (NASDAQ:RIMM) topped forecasts. Reuters: Oracle (NASDAQ:ORCL) posed a surprise…
Financial stocks were already looking mixed at best early this morning with the largest offering in capital markets history pricing last night for a trade today. But Meredith Whitney, of her own…
Reuters: Obama’s poll ratings on the economy dropped. Reuters: Bank of America (NYSE:BAC) picked insider Brian Moynihan as CEO. Reuters: Bernanke’s confirmation should pass its first hurdle. Reuters: The US delayed selling…
Updated throughout the day. Citigroup (NYSE:C) will be able to avoid about $38 billion in taxes under an agreement with the government (Washington Post) Playboy’s (NYSE:PLA) buyout talks with Iconix have fallen apart (Bloomberg) Goldman…
Reuters: Galleon’s Raj Rajaratnam was indicted for securities fraud. Reuters: Concerns about interest rates hurt the markets. Reuters: Inconix broke off buyout talks with Playboy (NYSE:PLA). Reuters: Credit Suisse (NYSE:CS) settled a US…
