According to MarketWatch, "Standard & Poor’s cut the credit rating or outlook of 12 major U.S. and European financial institutions Friday, saying the move reflected its view of the significant pressure on…
According to Reuters, the auto bill died in the Senate and there will be no more action this year. Reuters reports that the Bank of America (BAC) will cut as many as…
Jamie Dimon, CEO & Chairman of JPMorgan Chase & Co. (NYSE: JPM), gave an exclusive interview today to Erin Burnett on CNBC He gave some interesting data on his outlook for what…
Douglas A. McIntyre UBS has a research report out for the banking sector, and the report may take away some thunder from those who are hoping that banks will return to profits sooner rather than…
A man runs from a burning house covered with soot and with his hair and clothing aflame. A fireman stops him and asks, "What was your strategy for coming out of the…
Today 24/7 Wall St.named its annual CEO of the Year James A. Skinner of McDonald’s (MCD). He was picked from a field of ten executives which we profiled over the last ten…
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week The CEOs are…
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week The CEOs are…
It has been repeated ad nauseam. Housing has to be fixed before the credit markets and banks can recover. Housing has to be fixed so that people who are hard-working souls won’t…
Douglas A. McIntyre According to Reuters, JP Morgan (JPM), Bank of America (BAC), and Merrill Lynch (MER) will cut a total of almost 20,000 jobs. Reuters reports that Boeing (BA) will sign a new deal…
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week. The CEOs are…
It took NRG Energy (NYSE:NRG) almost two weeks to figure out that shareholders should reject the exchange offer from Exelon Corporation (NYSE:EXC). That’s odd because NRG had already rejected the same offer…
In a home run for troubled credit markets, Goldman Sachs (GS) raised $5 billion with backing from the FDIC. It is likely that a number of other US financial firms will follow…
It was just this last summer that the heads of Merrill Lynch (MER), Lehman, and Morgan Stanley (MS) said the financial crisis had peaked and its energy was dissipating. It would be…
Most executives spend their careers trying to get noticed, both as a way to achieve promotion and to bolster their reputations which they hope will be remembered long after they retire. Mention…
