Ireland decided to create the national “bad bank” after the credit crisis, a move the US government considered but rejected. The fate of that decision has come to haunt the small nation,…
A look at the “hardest working” major brands for 2009 shows that a number of them belong to companies which have done poorly and, in at least one case, may file Chapter…
The International Brotherhood of Electric Workers, a shareholder in Goldman Sachs (GS), filed a lawsuit in Delaware which accuses the investment bank of overpaying its management and bankers. The union wants Goldman…
Reuters: The $15 billion jobs bill advanced in the Senate. Reuters: Toyota (NYSE:TM) faces a US criminal probe. Reuters: KKR and TPC are close to a deal to buy Morgan Stanley’s (NYSE:MS) share…
Lehman’s bankruptcy is believed to be the largest in US history. Now, Bloomberg has reported that a new regulatory filing revealed that various consulting and legal firms and other lucky advisors that became part…
It is easier said than done. The US government wants to oversee the bank system in a way that would check for the kind of systemic problems that froze the credit markets…
Reuters: Honda (NYSE:HMC) expanded its recall by 440,000 as more Toyota (NYSE:TM) models were probed. Reuters: ArcelorMittal sees a slow improvement in steel production in Q1. Reuters: IMF aid for Greece may…
For the first time, China Investment Corp., the country’s sovereign wealth fund, has filed a Form 13F with the US Securities and Exchange Commission listing details of its investments in companies traded…
Updated throughout the day Updated 8.47 AM EST Yelp rejected a $700 million bid from Microsoft (NASDAQ:MSFT). (BusinessWeek) Toyota (NYSE:TM) is preparing Prius recalls in the US and Europe (Reuters) Disney (NYSE:DIS)…
Reuters: Volcker believes that banks should not be allowed to make risky trades. Reuters: Toyota (NYSE:TM) sales dropped after its recall announcements. Reuters: More US consumers are paying credit cards before mortgages. Reuters: …
Updated throughout the day Lloyd Blankfein of Goldman Sachs (NYSE:GS) will get a $100 million bonus (Times of London) Morgan Stanley (NYSE::MS) will hire hundreds of traders over the next few years…
Reuters: Obama is looking for ways to cut the deficit. Reuters: Citigroup (NYSE:C) may sell its private equity group. Reuters: Toyota (NYSE:TM) will announce the fix for its gas pedals. Reuters: China…
These are this Wednesday’s top 10 analyst calls for upgrades, downgrades, and initiations seen in Wall Street research: AK Steel (NYSE: AKS) Raised to Buy at Goldman Sachs. Amazon.com (NASDAQ: AMZN) Raised…
Notorious banking analyst Meredith Whitney turned out to be right in her recent calls against being long the major banks and brokerage firms, although for the wrong reasons ahead of the latest…
We have compiled from press releases and from company announcements a company-by-company donation and effort pledge to help in the relief efforts after the disastrous earthquake in Haiti. These are partial explanations…
