Today’s Best Market Rumors (9/20/2010)
Updated throughout the day. Verizon (NYSE: VZ) will name the head of its wireless unit as the parent’s president and chief operating officer (WSJ) India will ask cellular providers in the nation…
Updated throughout the day. Verizon (NYSE: VZ) will name the head of its wireless unit as the parent’s president and chief operating officer (WSJ) India will ask cellular providers in the nation…
Reuters: Japan intervened to cap the yen for the first time in six years. Reuters: Business sentiment in Asia slipped for the third quarter period. Reuters: Gold remained near a record high.…
Twitter has, by most estimates, 100 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. American International Group (NYSE: AIG) has a plan to reduce government ownership of the insurance company (WSJ) Obama may be about to appoint Elizabeth Warren as head of…
The Morningstar Ultimate Stock-Pickers Team is featured in an article by Greggory Warren today has many top buys and sells that should be of interest to value investors. This stock picker team…
During his interminable testimony before the Financial Crisis Inquiry Commission, Federal Reserve Chairman Ben Bernanke said that banks that posed a major risk to financial stability should be closed. “If the crisis…
When historians write the definitive account of the Great Recession in coming decades, one of the major questions they will tackle is why the government decided to allow Lehman Brothers go bankrupt…
Richard Fuld, who pocketed $484 million in compensation between 2000 and 2008 when Lehman Brothers collapsed, must be a masochist or a narcissist. Why else would the former Wall Street CEO continue…
Updated throughout the day. American International Group (NYSE: AIG) will not sell its Asian business (Reuters) Manulife Financial and Ace are bidders for New York Life’s Hong Kong, Korean, and Taiwan assets.…
Twitter has, by most estimates, 100 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…
Reuters: BHP Billiton (NYSE: BHP) will take its case to Potash (NYSE: POT) shareholders. Reuters: Google In.c (NASDAQ: GOOG) will allow phone calls from Gmail accounts. Reuters: The Bank of Japan may…
Reuters: BHP Billiton (NYSE: BHP) reported strong profits and now faces questions from its investors about Potash (NYSE: POT) Reuters: Global economic problems will shadow a big Fed meeting. Reuters: FEMA sees…
Twitter has, by most estimates, 100 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…
Reuters: Japan’s Q2 CGP was only .1% or a rate of .4% for the year. Reuters: Worries about growth have moved from Europe to the US. Reuters: Bank of America (NYSE: BAC)…
Updated throughout the day. GM will raise $16 billion through its IPO (Bloomberg) American International Group (NYSE: AIG) is talking to large investors about an AIA IPO (Reuters) Rio Tinto may buy…