Reuters: China’s expansion is leading to charges is it stripping asset from other under-developed countries. Reuters: UBS (UBS) will reveal the names of 5,000 clients in a deal with US tax authorities.…
Reuters: China Investment Corp will put $2 billion into US mortgages. Reuters: The US pay czar says be can “claw back” executive compensation. Reuters: Japan is pulling out of its recession. Reuters: …
Many investors feel that their brokers led them astray when the market collapsed. Brokers may not have suggested moving money to safe havens, or they may have suggested that clients double down…
These are the top ten analyst upgrades and downgrades we have seen from Wall Street this Friday morning with about two hours until the market opens for trading: Charles Schwab (SCHW) Cut…
Several research firms publish data on corporate reputations each year. It is not difficult to predict which companies are likely to be on the section of these lists where there has been…
New York State Attorny General Andrew Cuomo is suing Charles Schwab (SCHW) for fraud. The legal action alleges that the brokerage sold auction rate securities to clients with little effort to educate…
Douglas A. McIntyre This is the real week for earnings season where the floodgates open. That is particularly the case for some of the top banks, investment banks, and brokers. Goldman Sachs Group, Inc. (NYSE:…
E*TRADE Financial Corp. (NASDAQ: ETFC) has been the worst of the online brokerage stock. With some of the crazy mortgage products it offered, it is no wonder. And the stock has paid…
American companies are increasingly offering products for $1 or less. Some are among the largest firms in the United States such as Wal-Mart (WMT) and McDonald’s (MCD). Other are smaller but use…
We noticed how short sellers had increased their bets against banks and financials, even if this was right at the time that the big short squeeze came via a huge market rally. …
Citigroup has initiated coverage of the discount and online brokerage universe this morning. There is a mix of coverage in the call rather than a positive or negative for the whole group.:…
GE (GE) Panic selling over concerns about balance sheet of financial division. Drops to $5.73 from 52-week high of $38.52. Citigroup (C) Worries about nationalization persist. Down to $1.11 from 52-week high…
Citigroup (C) Still fears of nationalization or a larger bailout. Falls to $1.15. from a 52-week high of $27.35. GE (GE) Market not comforted that GE’s financial services are is not in…
Intel (INTC) Tech loses its immunity. Concerns about PC and server sales. Drops to $12.05 from 52-week high of $25.29. Schwab (SCHW) Retail traders fleeing the market? Falls to $12.10 from 52-week…
