You hear it all the time… “This bank is so cheap against book value that it cannot go lower.” Book value, and even tangible book value, has become a pre-recession metric that…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. ARM Holdings plc (NASDAQ: ARMH) Raised to Buy at Citigroup. CareFusion Corporation…
New York State Comptroller Thomas P. DiNapoli has released a report that says Wall St. will lose 10,000 jobs by the end of next year. This is part of the normal cycle…
ChartWhatever faith investors regained in the stock market between the huge sell-off that caused lows in the spring of 2009 and the recovery that peaked this last July is gone. Is it…
E*TRADE Financial Corporation (NASDAQ: ETFC) has been discussed by many market pundits as a takeover target since the recovery out of the recession. The online brokerage giant has been doing almost everything…
Tim Geithner is probably tired of having to come to the rescue of financial firms, which are all some part of the Occupy Wall Street protests. Yet that is what he did…
Are the Wall Street bankers, traders, and brokers really starting to do the right thing when it comes to controlled greed and compensation? If you ask the poor Wall Street protesters, probably…
Moody’s (NYSE: MCO) cuts Italy’s debt rating. (Reuters) Bernanke says the U.S. economy is close to the flat line. (Reuters) New Apple (NASDAQ: AAPL) iPhone 4S does not impress investors. (Reuters) Boehner…
It has become the newest game on Wall Street in the last month to lower global growth targets for 2011 and 2012 over the last six weeks. What is amazing is that…
Experts at Goldman Sachs (NYSE: GS) believe that France and Germany will slip into recession. That would seal the fate of Greece more than all the battles and maneuvers among powers at…
Douglas A. McIntyre World stock markets hit 15-month lows. (Reuters) Apple (NASDAQ: AAPL) to launch the iPhone 5 as competition grows from Google’s (NASDAQ: GOOG) Android. (Reuters) China warns of a trade war if Congress…
The Wall Street Journal reports that Hewlett-Packard (NYSE: HPQ) has hired Goldman Sachs (NYSE: GS) to defend it from activist shareholders. Updated throughout the day Apple (NASDAQ: AAPL) will launch the new…
Updated throughout the day. Acer will use problems at Hewlett-Packard’s (NYSE: HPQ) PC division to add customers (Reuters) Goldman Sachs (NYSE: GS) is prepared to make deep budget and personnel cuts (NYT)…
World stocks rise on the hope that the eurozone will address its financial problems. (Reuters) Apple (NASDAQ: AAPL) shares fall because of rumors that iPad production is low. (Reuters) Warren Buffett’s Berkshire…
Some boards of directors of America’s largest public companies have shown such poor judgment guiding their troubled corporations that they have long stopped being effective. Just recently, the misguided actions of the…
