A number of economists believe the U.S. debt burden, budget problems, recession and lack of growth will soon be the same as those now facing many EU nations. This would mean that…
Market pundit Doug Kass is calling for a shocker in 2012.. make that two shockers, or three. His interview was given on CNBC over the phone. The first shocker is that Kass…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. BorgWarner Inc. (NYSE: BWA) Started as Buy at Stern Agee. CenturyLink, Inc.…
Prosecutors raid Olympus to gain data in a probe of the accounting scandal at the company. (Reuters) Bank of Japan says it will hold to current policies as the economy in the…
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.…
Throughout December we have been giving updates on dividends that will rise in the coming days and weeks from the 30 Dow Jones Industrial Average stocks. Many have already come true and…
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),…
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…
If there is one money-center bank in America which is deemed quality and which can pass stress tests, it is J.P. Morgan Chase & Co. (NYSE: JPM). We also have it earmarked…
Congress, close to a budget agreement, may avoid a government shutdown. (Reuters) Washington Mutual shareholders and creditors set a deal that could allow an exit from bankruptcy. (Reuters) The policy meeting of…
S&P may downgrade the EU and the largest eurozone banks. (Reuters) France and Germany continue to press new eurozone treaty measures that would help trigger new financing for the region. (Reuters) Japan says…
Jamie Dimon of J.P. Morgan Chase & Co. (NYSE: JPM) is well-known for being outspoken. At a Goldman Sachs financial conference today, Mr. Dimon spoke out with his usual wording which some…
Jon C. Ogg The attorneys general of Nevada and California have agreed to co-operate in an investigation of of mortgage fraud and lender misconduct and not to be part of the ongoing settlement talks between…
Bank of America (NYSE: BAC) CEO Brian Moynihan has no credibility left on Wall St. That makes his comments that the financial firm’s balance sheet has improved hard to believe. Skepticism will continue…
Inergy Midstream L.P. has indicated its IPO price range as being $19-$21/common unit and will offer 16 million units when the company goes public. It will trade on the NYSE under the…
