Today’s ratings actions start of with a real no-brainer. McDonald’s Corp. (NYSE: MCD) received an ‘A’ rating from Fitch Ratings on a new $500 million 2.625%, 10.25-year senior unsecured note due January…
Short sellers appear ready to follow bank stocks all the way down to zero, at least based on data for the period that ended September 15. Shares short in Citigroup (NYSE: C)…
Jon OggEach morning we review our top upgrades, downgrades and initiations from Wall St. research notes. We then look back over these at the end of the week to more closely review…
Photo by Spencer Platt/Getty ImagesWhether it’s the latest effort by the Federal Reserve to pump some liquidity into the US economy or it’s the IMF’s statement that Europe’s banks need another $440…
The House defeated a spending bill to fund the federal government passed September 30. (Reuters) United Technologies (NYSE: UTX) will buy Goodrich (NYSE: GR) for $16.5 billion. (Reuters) China’s PMI for September…
Our daily look at credit and debt ratings actions has to lead off with the news that Moody’s has lowered its ratings on Bank of America Corp. (NYSE: BAC), Wells Fargo Corp.…
Bank of America Corporation (NYSE: BAC) has been no stranger to troubles nor any stranger to controversies. It is now looking to be no stranger to credit rating downgrades. Moody’s has downgraded…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Baidu.com, Inc. (NASDAQ: BIDU), JPMorgan Chase & Co. (NYSE: JPM), Netlogic Microsystems,…
Bank of America (NYSE: BAC), JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC) and Citigroup (NYSE: C) may settle charges made by several states over “robo-signing” practices. (FT) Lockheed Martin (NYSE: LMT)…
To say that the situation had become painful at Bank of America (NYSE: BAC) would be the understatement of the year. Shares were trading at $10.22 on July 21, before the meltdown…
Bank of America Corp. (NYSE: BAC) raised $5 billion in cash from Warren Buffett last week, and the bank announced this morning that more cash is on the way from a sale…
LG Display (NYSE: LPL) cuts capital expenditures as demand for LCD screens is hurt by tablet PC sales. (Reuters) Samsung to delay its tablet launch in the U.S. because of IP lawsuits…
Now that Bank of America Corp. (NYSE: BAC) has raised $5 billion in cash from Warren Buffett, it’s time to look around and see what assets the bank might have on the…
Bank of America Corporation (NYSE: BAC) has just scored its saving grace. Berkshire Hathaway Inc. (NYSE: BRK-A) is investing $5 billion in 6% preferred shares and warrants. What makes this different from…
Short sellers appear to believe that the gyrations in the market will, on balance, bring the indices down. And some stocks, they are willing to gamble, will fall significantly. Their bets on…
