There has to be a bottom to the current pessimism about the economy. US citizens have a pervasive sense of doom that affects the evaluation of the present and the immediate future. Businesses…
Updated throughout the day Google’s (NASDAQ: GOOG) offices in South Korea were invaded by government officials (Reuters) AT&T (NYSE: T) may be able to lower its offer for T-Mobile if regulators force…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Abaxis, Inc. (NASDAQ: ABAX) maintained Underperform as Bear of the…
Yahoo! (NASDAQ: YHOO) CEO Carol Bartz fired over the phone. (Reuters) Obama may propose a $300 billion employment package with tax cuts and new expenditures to train workers. (Reuters) Pressure increases on…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. American Capital Agency Corp. (NASDAQ: AGNC) Cut to Neutral at…
U.S. regulators may ask high-frequency trading firms to provide details of their trades. (Reuters) The Federal Reserve tells Goldman Sachs (NYSE: GS) it must review its foreclosure records. (Reuters) Experts cut expectations…
Updated throughout the day. Goldman Sachs (NYSE: GS) has agree with New York State officials to end robo-signing practices (WSJ) Bank of NY Mellon (NYSE: BK) CEO Robert Kelly was forced out…
IMF head Lagarde shows independence from Europe in many of her decisions. (Reuters) The Justice Department sues to block AT&T (NYSE: T) buyout of T-Mobile. (Reuters) Sony’s (NYSE: SNE) tablet PCs to…
Bank of America Corporation (NYSE: BAC) has just scored its saving grace. Berkshire Hathaway Inc. (NYSE: BRK-A) is investing $5 billion in 6% preferred shares and warrants. What makes this different from…
Bank of America Corporation (NYSE: BAC) has been the subject of more rumors and more speculation than one could imagine. Most of the rumors and speculation feel like 2008 rather than 2011. …
Federal officials may consider cuts in food stamp programs that serve 46 million people. (Reuters) Housing prices probably continued to fall in July. (Reuters) Toyota (NYSE: TM) and Ford (NYSE: F) to…
The 2011 Class of Private Equity-Backed IPOs is really off to a rough start. The market conditions of late have all culminated to create a cautious IPO environment and even a cautious…
Goldman Sachs (NYSE: GS) says QE3 was likely after the Fed’s recent comments. (Reuters) HSBC (NYSE: HBC) sells its U.S. credit card business to Capitol One. (Reuters) China not likely to raise…
Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and credit of the United States, dismal GDP data, and ongoing weak…
The Federal Reserve is under pressure to offer solutions to falling markets and a slow economy. (Reuters) The Swiss franc hits a record against the euro. (Reuters) Bank of America (NYSE: BAC)…
