Markets opened lower this morning on mixed reaction to the $641 billion borrowing spree from the European Central Bank. Technology stocks were weighed down by poor earnings report and uninspired guidance from…
The US Federal Reserve has issued proposed regulations that would put additional requirements on large US banks. The banks sure to be affected by the new rules include Goldman Sachs Group Inc.…
Shares of Bank of America Corp. (NYSE: BAC) posted a new 52-week low today at $5/share. BofA isn’t the only loser in the financial sector — JPMorgan Chase & Co. (NYSE: JPM),…
Zynga posts at the high end of its IPO range and will raise $1 billion. (Reuters) Congress reaches a tentative deal to keep the government open. (Reuters) Bill Gross’s PIMCO Total Return Fund…
Updated throughout the day. MF Global created a survival plan just before it failed (Reuters) Goldman Sachs (NYSE: GS) has lost an extraordinarily high 37 partners this year (Bloomberg) Douglas A. McIntyre
Douglas A. McIntyre Officials at CME Group (NASDAQ: CME) have given the Justice Department documents that may prove former MF Global CEO Jon Corzine knew his firm lent customer money to its operations in Europe. Corzine had…
A CME executive appears to have found a smoking gun that links formers MF Global CEO Jon Corzine to money transfered from the company to Europe. Corzine is a former head of…
Douglas A. McIntyre Goldman Sachs Group Inc. (NYSE: GS) canceled recruiting visits to Harvard and Brown Universities last week following an incident in late November in which protesters tried to get into a recruiting session…
People who were asked which is more of a threat to the U.S. — big business or big government — picked big government by a more than two-to-one margin. Consider it a sign…
Former US Senator, former Governor of New Jersey, former CEO of Goldman Sachs Group Inc. (NYSE: GE), and former CEO of MF Global, Jon Corzine will testify in front of the US…
Paul Ausick A New Bailout Fund. Rumors suggest that leading eurozone nations, particularly France and Germany, may have begun the process to create a large bailout fund for the financially weak nations in the region.…
Bankrate, Inc. (NYSE: RATE) is actually holding up better than many secondary offering and post-IPO investors might have considered today. The company announced after the close on Friday that its underwriters agreed…
The EU continues to work on its bailout fund and may ask the IMF for help. (Reuters) American Airlines parent AMRÂ (NYSE: AMR) files for Chapter 11. (Reuters) S&P cuts its ratings on…
Goldman Sachs (NYSE: GS) has decided it will make more money providing capital for new hedge funds than putting money into its own. The new strategy has caused a rapidly rising set…
Douglas A. McIntyre Standard & Poor’s is at it again… more downgrades and this time in the ailing banking sector. While we focused solely on the U.S.-based banks here, the downgrade was handed aimed at…
