The Administration is looking at further pay caps for executives on Wall St. and the auto industry. The reasoning is that if a company takes government money, the government should have a…
Reuters: GM and Chrysler said closing dealers was essential to their restructuring. Reuters: The Justice Department is probing big tech employee recruiting. Reuters: Medical bills underlay 60% of American bankruptcies.
The waves of capital raising continues. American Express Company (NYSE: AXP), JPMorgan Chase & Co. (NYSE: JPM), Morgan Stanley (NYSE: MS), and Bank of America Corporation (NYSE: BAC) are just the leading…
There remains an issue about what to do with troubled banks, and the regulations over who can own banks and at what percentages only add more questions rather than answers. FDIC Chairman…
These are the few top pre-market analyst upgrades and positive research notes from Wall Street firms early this Friday morning with about two hours until the market opens: CBS (CBS) Raised to…
It is no secret that the banks that can pay the money back want out from under the Troubled Asset Relief Plan, or the TARP. It is also no secret that the…
It is no secret that several large banks want to pay back the TARP money that they took from the government in some cases against their will. Goldman Sachs (GS), Morgan Stanley…
DigitalGlobe is set to open for trading this morning in another highly anticipated initial public offering. The satellite imagery company will trade on the NYSE with the ticker “DGI.” The IPO was…
Douglas A. McIntyre Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), has entered into a series of contracts with BrightSource Energy, Inc. While we consider most individual projects essentially as footnotes…
Research analysts often make timely calls, and sometimes they make rash calls. If Dick Bove of Rochdale is accurate, then both the Goldman Sachs Group Inc. (NYSE: GS) and Morgan Stanley (NYSE:…
Finally, the stress tests are out for the US banking and financial institutions. Of the banks, 10 of 19 banks need a combined $74 billion of equity.The good news is that a…
These are some of the top pre-market analyst downgrades and cautious research calls from Wall Street this Thursday morning: American Superconductor (AMSC) Cut to Hold at Deutsche Bank. AT&T (T) Cut to…
Wall St. is not going to be as big a player in the economy as it has been, if President Obama is right. He may not be. Commenting on how much of…
DigitalGlobe, Inc. may be the next high tech initial public offering, and it looks like several public companies will stand to benefit from it. This is a high-resolution satellite image operation that…
Douglas A. McIntyre According to Reuters, Bank of America (BAC) shareholders voted to separate the chairman and CEO roles and Ken Lewis was replaced as chairman. Reuters reports that talks to keep Chrysler out of…
