Today’s Best Market Rumors (12/9/2010)
Updated throughout the day. MasterCard (NYSE: MA) will buy Travelex (Reuters) Morgan Stanley (NYSE: MS) will sharply cut management pay (WSJ) Google (NASDAQ: GOOG) did not complete a buy-out of Groupon due…
Updated throughout the day. MasterCard (NYSE: MA) will buy Travelex (Reuters) Morgan Stanley (NYSE: MS) will sharply cut management pay (WSJ) Google (NASDAQ: GOOG) did not complete a buy-out of Groupon due…
Seventeen billionaires including Facebook co-founders Mark Zuckerberg and Dustin Moskovitz have agreed to pledge most of their money to charity. (www.thegivingpledge.org) (Reuters) WikiLeaks supporters shut down the MasterCard (NYSE: MA) and Visa (NYSE V)…
Updated throughout the day. Hackers have attacked the MasterCard (NYSE: MA) website in retaliation for the credit card companies withdrawal of the ability to use its plastic for contributions to WikiLeaks (Reuters)…
Short sellers have started to come back into some select names again. While we often look for patterns, it is some of of these high-priced stocks that often offer the most insight. …
Visa Inc. (NYSE: V) just joined the ranks of companies hiking their annualized dividend payments. This is the second annual hike in a row. The increase was bumped up by 20% to…
Credit metrics are still continuing to show modest improvements across the land, yet recent government action via a Department of Justice antitrust suit has put the hit on shares of American Express…
Reuters: The American Sociology Review said a group of mortgages aimed at racially segregated neighborhoods helped cause the mortgage crisis. Reuters: Sanofi-Aventis made an $18.5 billion offer for Genzyme (NASDAQ: GENZ). Reuters: …
Government statistics have shown that for several months American have cut back on the use of credit. The news would seem to be bad for credit card companies, but there has not…
Americans are still shrinking their credit according to the latest data from the Federal Reserve. July marked a sixth consecutive drop and the seasonally adjusted rate of credit contraction came to down…
The Morningstar Ultimate Stock-Pickers Team is featured in an article by Greggory Warren today has many top buys and sells that should be of interest to value investors. This stock picker team…
Credit research company TransUnion said that credit card debt hit an eight-year low in the second quarter of 2010. It is likely to go lower. The average combined debt of those individuals …
Updated throughout the day. AT&T (NYSE: T), Verizon Wireless, T-Mobile, and Barclays will compete with Visa (NYSE: V) and MasterCard (NYSE: MA) in the online payment business. (WSJ) David Wehner has become…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Reuters: BP plc (NYSE: BP) has made final plans to plug its well. Reuters: The dollar index fell to a three-month low due to a slowing economy. Reuters: Goldman Sachs Group (NYSE:…
Car loan delinquencies dropped over 18% from the fourth quarter of 2009 to the first quarter of this year, according to credit agency TransUnion. The news is good for US car companies…