The country’s largest financial institutions are having another good day today, despite the announcement by the European Central Bank (ECB) early this morning that it would not be lowering interest rates. Shares…
Nasdaq (NASDAQ: NDAQ) will announce what compensation it will give Facebook (NASDAQ: FB) brokers. (Reuters) The European Union continues to look at ways to help the region’s damaged banks. (Reuters) Spain says it has…
In a rare bit of good news, the ISM non-manufacturing index came in higher than expected this morning, at 53.7%, up 0.2% from April and the same amount above the consensus estimate.…
The European Union may form a central office of treasury to match the European Central Bank. (Reuters) Ford (NYSE: F) may create brands specific to the Chinese market. (Reuters) The slowing economy…
While everyone remains focused on the jobs report and the European meltdown, investors are having a harder and harder time finding real investment returns. Germany actually saw negative yields briefly on the…
China’s PMI indicates a considerable slowing of its economy. (Reuters) Senior EC and ECB officials warn that the eurozone is on the brink of a calamity. (Reuters) Problems at Research In Motion (NASDAQ:…
Annual meetings of Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) will include questions about fracking. (Reuters) Ford (NYSE: F) will begin to buy out some of its pension funds. (Reuters) JP…
The appointment of former politicians to large public companies’ boards is regularly called into question. Just recently, following the scandal at Chesapeake Energy (NYSE: CHK) when CEO Aubrey McClendon made investments in…
The board and management of Research In Motion (NASDAQ: RIMM) apparently would like to sell the company. That will not happen. It is not a good fit with any of the potential…
JP Morgan (NYSE: JPM) sells $25 billion in profitable securities to offset its trade debacle. (Reuters) The SEC examines JP Morgan financial reports. (Reuters) Marubeni buys U.S. grain company Gavilon Holdings for $3.6 billion.…
The World Bank’s new “East Asia and Pacific Economic Update” forecasts that China’s GDP growth will only be 8.2% in 2012, which is a substantial come down for a nation that has grown…
The California State Teachers’ Retirement System (CalSTRS), by many measures the second largest pension in the United States, has taken the advice of and has joined proxy advisory firms ISS and Glass Lewis in…
courtesy Facebook Inc.Facebook Inc. (NASDAQ: FB) shares are ticking back up as we approach noon today. Nearly 56 million shares have traded hands so far this morning, making it today’s second most…
Morgan Stanley (NYSE: MS) cuts revenue forecasts for Facebook (NASDAQ: FB) just ahead of its IPO. (Reuters) The U.S. allows China to buy treasuries directly without banker assistance. (Reuters) MF Global paid Jon…
Wells Fargo & Company (NYSE: WFC) has replaced J.P. Morgan Chase & Co. (NYSE: JPM) as the safest bank in America. This did not happen overnight and it is not just because…
