Each year, Capgemini publishes the U.S. Metro Wealth Index, which ranks the number of high-net-worth individuals living within the ten largest metropolitan statistical areas. According to the report, high-net-worth Individuals “are defined…
No industry was able to avoid short selling activity, particularly among its largest companies. Tech, automotive, conglomerates, consumer goods, and financial shares were all under pressure, and big firms took the brunt…
After a second do-over, Boeing Co. (NYSE: BA) has once more bested Airbus maker EADS (OTC: EADSY) in the bidding war for a new US Air Force tanker. But the battle could…
In a major reversal from a policy promoted in the early 1990s, the US Defense Department is now warning defense contractors to beware of mergers and acquisitions in the defense industry. The…
Defense Secretary Robert Gates won kudos earlier this month when he announced plans to slash $78 billion over 5 years from the Pentagon’s budget and cut the size of the Army and…
2010 has been a positive year for the markets. IPOs and secondary offerings have been plentiful, debt offerings have been plentiful, and restructurings continue. Many spin-offs have been announced and will occur…
EU officials tried to reassure capital markets about Ireland’s viability. (Reuters) Yahoo ! (NASDAQ: YHOO) said a report it would lay of 20% of staff was “misleading.” (Reuters) Newsweek and The Daily…
The defense sector has been under pressure as the future military spending is moving away from the giant expense items. This week’s news was that $100 billion is the target goal to…
These are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Allegheny Technologies Inc. (NYSE: ATI) Raised to Buy at BofA/Merrill Lynch. American Dairy Inc.…
Northrop Grumman Corp. (NYSE: NOC) is outlining some of the larger issues in the defense and military spending sector. The budget for many major defense programs is far less clear than in…
Jon C. Ogg Reuters: The financial reform bill should pass within days. Reuters: Intel (NYSE: INTC) posted stronger than expected earnings. Reuters: Toyota Motor (NYSE: TM) blamed driver error for some problems with recalled cars.…
Maybe the third time will be the charm. Today marks the closing date for bids to build a new refueling tanker for the US Air Force. Boeing Co. (NYSE: BA) submitted its…
Stocks may have bounced from their lows and gone lower of late, but there are still many down and out value stocks out there where shares may have been overly punished from…
This week felt like the sudden snap-back for dividend hikes after a week or two of fewer news announcements from major companies. It was in big companies too, rather than just the…
It felt like the pace of dividend hikes was slowing down. Wrong. There were at least six big hikes today that came from the likes of ACE Limited (NYSE: ACE), Clorox Company…
