The Wall Street Journal reports that J.P. Morgan Chase & Co. (NYSE:JPM), Citigroup Inc. (NYSE:C), Deutsche Bank AG (NYSE:DB) and UBS AG are under investigation for allegedly having “misled investors about their roles…
NYT: NY Attorney General is investigating eight banks for allegedly providing misleading information about mortgage instruments to rating agencies: The Goldman Sachs Group (NYSE: GS), Morgan Stanley(NYSE: MS), Deutsche Bank (NYSE: DB),…
Reuters: The SEC said there was no single cause of the market plunge. Reuters: The Senate approved a single audit of the Fed. Reuters: Morgan Stanley Group (NYSE: MS) is the subject…
Updated throughout the day China shipbuilder Jiangsu Rongsheng Heavy Industries will have an IPO of $1.5 billion with JPMorgan (NYSE: JPM) and Morgan Stanley (NYSE: MS) as underwriters (Reuters) The Senate will start voting…
WSJ: Warren Buffett intends to discuss his investment in Goldman Sachs Group (NYSE: GS) at the Berkshire Hathaway (NYSE: BRK.B) annual meeting. Reuters: Federal authorities have started a criminal probe into Goldman.…
Reuters: A new panel to address the budget deficit will start work. Reuters: A lawyer for Goldman Sachs Group (NYSE: GS) said it is not an “evil empire.” Reuters: The euro slipped…
Updated throughout the day. The US is planning to sell its stake in American International Group, Inc (NYSE: AIG) (NYPost) “Goldman Sachs was both an underwriter and an investor in Lloyds Banking Group’s…
Reuters: The push for a stronger yuan has been modest at the G20 meetings. Reuters: A Goldman Sachs Group (NYSE: GS) Director Rajat Gupta told hedge fund billionaire Raj Rajaratnam about a $5 billion…
Imagine the government and taxpayers finally being out of AIG… Who doesn’t love to hate AIG? The financial crisis and the bailouts might have been much different had American International Group, Inc.…
We have some big movers this morning, mostly on earnings news. We have provided the basics for each here with a link to more detail at VSInvestor.com where applicable on each: Apple…
Regulators in the US and Europe are still sifting through a variety of programs that would create a tariff on large banks to create a pool of money that could be used…
Reuters: Daimler kept its earnings and dividend outlook for 2010. Reuters: American International Group (NYSE: AIG) raised $2 billion thought an aircraft sale. Reuters: Intel Corporation (NASDAQ: INTC) results lifted markets in…
Reuters: The Chinese president told Obama that the nation will make its own decision on the yuan. Reuters: Growth and cheap phones were key to Q1 industry growth. Reuters: Twitter will start…
Reuters: The Fed once again pledged low interest rates. Reuters: If the yuan rises, the euro may be badly hurt. Reuters: Soda companies are hurt by the economy according to AlixPartners. Reuters: …
Reuters: US Census hiring will life payrolls. Reuters: The US will impose new airport security measures. Reuters: The head of China will visit the US and the issue of the yuan may…
