Financial concerns about Italy have raised the issue of a breakup of the eurozone. (Reuters) China’s October imports rise but exports are weak. (Reuters) A deal to name a new prime minister…
Last Friday at the meeting of the G20 in Cannes, the Financial Stability Board (FSB) revealed a list of 29 global systemically important financial institutions (known as the G-Sifis). These institutions are…
The Obama administration announces a new plan to help underwater mortgage holders. (Reuters) Netflix (NASDAQ: NFLX) warns that more subscribers will cancel and shares fall 24%. (Reuters) Nearly 35% of News Corp.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. BHP Billiton (NYSE: BHP) Cut to Hold at Societe Generale; Cut…
Stocks opened down this morning following the earnings report Apple Inc. (NASDAQ: AAPL) after markets closed yesterday. Moody’s downgrade of Spain’s sovereign debt also weighed on the opening. The Consumer Price Index for…
MSNBC: US housing starts jumped in September http://on.msnbc.com/pxVyNE NYT: Olympus Backtracks on Payments http://nyti.ms/pAPNmD CNNMoney: Apple 2.0: Apple’s big miss: The analysts weigh in http://bit.ly/r7OZMN $AAPL FT: Olympus contradicts chairman over fees…
China’s GDP growth decelerates to 9.1%. (Reuters) Concern about China growth and the EU disaster push global stocks lower. (Reuters) Federal Reserve officials argue about the future rate of inflation. (Reuters) IBM…
Philips Electronics may be unable to shed its TV operation and will fire 4,500. (Reuters) Kinder Morgan (NYSE: KMI) to buy El Paso (NYSE: EP) for $21 billion and will save $250…
You hear it all the time… “This bank is so cheap against book value that it cannot go lower.” Book value, and even tangible book value, has become a pre-recession metric that…
ChartWhatever faith investors regained in the stock market between the huge sell-off that caused lows in the spring of 2009 and the recovery that peaked this last July is gone. Is it…
E*TRADE Financial Corporation (NASDAQ: ETFC) has been discussed by many market pundits as a takeover target since the recovery out of the recession. The online brokerage giant has been doing almost everything…
Tim Geithner is probably tired of having to come to the rescue of financial firms, which are all some part of the Occupy Wall Street protests. Yet that is what he did…
Steve Jobs, the cofounder of Apple (NASDAQ: AAPL), dead at 56. Microsoft (NASDAQ: MSFT) may make a bid for Yahoo! (Reuters) Sprint-Nextel (NYSE: S) to sell the iPhone with an unlimited data…
Are the Wall Street bankers, traders, and brokers really starting to do the right thing when it comes to controlled greed and compensation? If you ask the poor Wall Street protesters, probably…
Moody’s (NYSE: MCO) cuts Italy’s debt rating. (Reuters) Bernanke says the U.S. economy is close to the flat line. (Reuters) New Apple (NASDAQ: AAPL) iPhone 4S does not impress investors. (Reuters) Boehner…
