Goldman Sachs Group Inc. (NYSE: GS) may be the poster child firm for wealth and excess on Wall Street. The bonus pools around Wall Street are being tallied up, and Bloomberg has…
Facebook is the best place to work among US companies, according to employee research firm Glassdoor. The survey was based on nearly 150,000 employee reviews submitted during 2010 on companies with more than…
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)…
The US government has broadened it probe of insider trading. (Reuters) The euro will not last more than a few years, according to Jim Rogers. (Reuters) Fannie Mae and Freddie Mac are…
The U.S. Treasury has exited its stake in Citigroup Inc. (NYSE: C). Normally you would expect shares to drop when you see 2.4 billion shares sold out or so, but that is…
China warned that QE2 could destabilize the global economy. (Reuters) Aol (NYSE: AOL) has tapped Bank of America (NYSE: BAC) to aid it in its pursuit of Yahoo! (NASDAQ: YHOO). (Reuters) Some…
Money is short and times are hard, but the government is paid back and bank investors may find dividend checks in with their holiday cards. The Wall Street Journal broke news late…
Mitsui was billed $1.8 billion from BP plc (NYSE: BP) for clean-up costs. (Reuters) A limited number of holidays and warm weather probably hurt retail sales in October. (Reuters) Canada may approve…
Updated throughout the day. The Federal Reserve will begin modest easing next week (WSJ) Google (NASDAQ: GOOG) is about to purchase a large Manhattan commercial building for $2 billion (NYPost) The CFTC…
Bank stocks will rebound and telecom shares will rise. That is, at least, the prevailing opinion among short sellers as of October 15. Telecom and telecom equipment shares will benefit from an…
Goldman Sachs Group Inc. (NYSE: GS) has an amazing bond offering that is selling today with a caveat. The Goldman Sachs bond issue is $1.3 billion with a 6 1/8% coupon. What…
Bank of America (NYSE: BAC) and Apple Inc. (NASDAQ: AAPL) are a nearly perfect cameo of where the stock market is now, and where it is likely to remain after earnings season.…
Updated throughout the day. Cisco (NASDAQ: CSCO) will unveil an unnamed consumer product. (Reuters) JPMorganChase (NYSE: JPM) will press federal officials about getting back some of the funds it spent to buy…
Reuters:Â Â US businesses fear a fight over the yuan will cause a trade disaster. Reuters:Â Â The US will test a cyber-blitz response plan. Reuters:Â Â JPMorgan Chase (NYSE: JPM) may go to the…
Perhaps the biggest news of the week was that JPMorgan Chase & Co. (NYSE: JPM) was closing down its proprietary trading operations. The ramifications were taken out of context. On the surface,…
