Pay czar Kenneth Feinberg has already effectively clipped the compensation wings of Bank of America (NYSE:BAC) CEO Ken Lewis by taking away all of his 2009 compensation. Feinberg now plans to cut the…
Former Fed chief Paul Volker has argued that America’s largest banks should be broken up to prevent a situation in which another credit crisis would force the government to spend hundreds of billion of…
Douglas A. McIntyre Reuters: China is having trouble managing supply and demand. Reuters: Geithner said the core programs of the TARP are ending. Reuters: Yahoo! (NASDAQ:YHOO) tripled it profits. Reuters: Sun Microsystems (NASDAQ:JAVA) will cut…
It has taken the DJIA a little over 32 weeks to move from 6,547 to just over 10,000, a move up of 53%. The index will be back over 14,000 by the…
Goldman Sachs Group Inc. (NYSE: GS), Citigroup, Inc. (NYSE: C), and The Charles Schwab Corporation (NASDAQ: SCHW) have all reported earnings. All came in above or in-line with estimates and there is…
Reuters: Goldman Sachs (NYSE:GS) is having trouble justifying its huge bonuses. Reuters: Bruce Wasserstein, M&A giant and head of Lazard (NYSE:LAZ), died. Reuters: Congress will probe compensation at AIG (NYSE:AIG). Reuters: US…
Conseco Inc (NYSE: CNO) rallied 30% to a yearly high of $6.50 on news that Paulson & Co. had taken a large stake in the company as well as on news that…
The Dow Jones Industrial Average is literally within 20 points of the psychological DJIA 10,000 mark. We have not seen Dow-10K since October, 2008, but that month we saw 11,000 and saw…
These are this morning’s top day trader and active trader alert stocks. We have much more detailed analysis on most with links through to each stock over at VSInvestor.com: Active Power, Inc.…
J.P. Morgan Chase & Co. (NYSE: JPM) has just posted very impressive earnings. The cleanest bank in America reported earnings of $0.82 EPS and revenues were $26.62 billion versus $0.52 EPS and…
This week is the week we have 6 DJIA components reporting earnings as the first real week of earnings season, but the big financial stocks reporting will set the tone for how…
Updated throughout the day. Updated 3.14 PM EST: STIC (NASDAQ:STIC) dropping on rumors that Sun (NASDAQ:JAVA) database applications may hurt STIC sales (Barron’s) Updated 3.11 PM EST: Level 3 (NASDAQ:LVLT) is surging…
Reuters: The healthcare plan is about to take a step forward in Congress. Reuters: The debt swap at CIT (NYSE:CIT) is in trouble and could cause bankruptcy. Reuters: Summers says Obama policies…
The Dow Jones Industrial Average is within sight of the psychological 10,000 mark. Again. This is a price-weighted index rather than a market cap-weighted index, which makes the index not as representative…
Thisis going to be a very key earnings week. The only DJIA component to report its Q3 period report so far has been Alcoa Inc. (NYSE: AA). But we have earnings this week…
