Earnings season is still running strong and the economic readings keep coming out as well. As we come to the end of October, there is going to be plenty of news coming…
Updated throughout the day. AIG (NYSE: AIG) may sell part of its equity in AIA Group (WSJ) Warner Music (NYSE: WMG) is close to a buyout of EMI (WSJ) Douglas A. McIntyre
Douglas A. McIntyre Eurozone officials decide on a second bailout of Greece and a larger EFSF. (Reuters) Private financial firms have positive reactions to the Obama plan to aid more homeowners with underwater mortgages. (Reuters)…
Slow sales of Windows keeps Microsoft’ s (NASDAQ: MSFT) revenue low. (Reuters) The Murdoch family will face voters angered about the UK paper hacking scandal at today’s annual meeting. (Reuters) Greece’s parliament…
American International Group, Inc. (NYSE: AIG) has filed a registration Form S-1 for a proposed initial public offering of its wholly-owned IFLC Holdings, Inc. subsidiary. IFLC is the aircraft leasing unit of…
An Institute for Policy Studies report says many CEOs at the 100 largest U.S. companies made more than their companies paid in taxes. (Reuters) Bank of America (NYSE: BAC) knew of a…
Apple’s (NASDAQ: AAPL) shares remain fairly steady in support of new management. (Reuters) The Boeing (NYSE: BA) 787 Dreamliner officially launches. (Reuters) The CEO of AIG (NYSE: AIG) talks with senior management…
Some companies just can’t win for losing. particularly when they are tied to the financial sector at the hip and have major trading exposure to banks in America and Europe. When we…
Jon C. Ogg Hewlett-Packard (NYSE: HPQ) may spin off its PC business because it bought enterprise software firm Autonomy for $10.3 billion. (Reuters) News Corp. (NASDAQ: NWS) begins to prepare for the possibility that James…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Aeropostale, Inc. (NYSE: ARO) Raised to Hold at Jefferies. Agrium Inc.…
Jon OggEach morning of the week we pull the top analyst upgrades, downgrades, and initiations from Wall Street research reports. It turns out that some research calls were far more important or…
Shares in Bank of America Corp. (NYSE: BAC) are up more than 5.5% today following reports that the bank selling some assets to raise cash. There is also some speculation that the…
The consensus among economists is that the Federal Reserve has run out of options to save the troubled American economy and collapsed stock markets. That may not be true, depending on how…
The Federal Reserve is under pressure to offer solutions to falling markets and a slow economy. (Reuters) The Swiss franc hits a record against the euro. (Reuters) Bank of America (NYSE: BAC)…
Bank of America Corporation (NYSE: BAC) has rapidly turned into a runaway train. The latest suit from American International Group, Inc. (NYSE: AIG) for $10 billion for its massive mortgage fraud is…