The press pounded on Berkshire Hathaway (NYSE: BRK.B) as David Sokol, a key Warren Buffett aide, resigned in shame, causing concerns about governance at the conglomerate. Toyota (NYSE: TM) stayed on the…
A former Goldman Sachs Group (NYSE: GS) trader launched a $1 billion fund of his own (Reuters) Geithner said inflexible currencies are the world’s biggest monetary problem (Reuters) Brent rose to $116…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Updated throughout the day The Federal Reserve may auction off AIG (NYSE: AIG) subprime inventory instead of selling it back to the company (WSJ) US banks may settle foreclosure fraud accusations with…
Douglas A. McIntyre The Federal Reserve will hold press conferences four times a year. (Reuters) In 2006, Fannie Mae was warned about abuses in the foreclosure process. (WSJ) The Apple (NASDAQ: AAPL) iPad will go…
Warren Buffett of Berkshire Hathaway (NYSE: BRK.B) says the Japan disaster is a buying opportunity for companies based there (Reuters) AT&T (NYSE: T) will buy T-Mobile USA from Deutsche Telekom for $39…
AIG (NYSE: AIG) suffered from news that it will buy back $16 billion of distressed securities. Del Monte (NYSE: DLM) received bad press because of concerns about poor weather effecting crops. Note:…
Japan was hit by an 8.9 magnitude earthquake. (Reuters) Chinese insurance regulators passed on details of the AIG (NYSE: AIG) disaster to local insurance companies, according to WikiLeaks. (Reuters) Apple (NASDAQ: AAPL)…
From the ashes of a terrible 2009, the European Aeronautic Defense and Space Co. NV, or EADS, (OTC: EADSY) posted a fourth-quarter and full-year profit for 2010 on the strength of sales…
The Federal Reserve may change it bond buying plans because of higher oil prices. (Reuters) Toyota Motor (NYSE: TM) plans to double profits by 2015 through the launch of new hybrids and…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Abercrombie & Fitch Co. (NYSE: ANF) Raised to Buy at BofA/ML.…
The Treasury expects $6.4 billion from the sales of AIG’s (NYSE: AIG) sale of its MetLift share (Reuters) The government is examining a number of small banks to see if they restructured…
EADS division Airbus lost out on an Air Force tanker to Boeing (NYSE: BA) (Reuters) Gold and oil moved higher on concerns about Libya (Reuters) Apple (NASDAQ: AAPL) launched a new MacBook Pro…
Brent crude rose $6 to $113 on worries about Middle East contagion. (Reuters) GM (NYSE: GM) is likely to post its first annual profit since 2004. (Reuters) An effort by shareholders to…
The size of the Japanese economy dropped in the fourth quarter of last year, but exports may aid a rebound. (Reuters) The Obama budget will cut $1.1 trillion in costs over 10…
