A CME (NASDAQ: CME) executive says Jon Corzine knew about money that MF Global transferred to European accounts. (Reuters) Accounting problems at Olympus may make it a takeover target. (Reuters) Italian bond yields hit…
Avon Products (NYSE: AVP), recently named one of 24/7 Wall St.’s Worst Managed Companies, fired its CEO Andrea Jung. In a statement, Avon’s board remarked, that Andrea Jung , Avon ‘s Chairman and…
Douglas A. McIntyre Many American companies have done incredibly well this year. A number posted extraordinary financial results in 2011. Others have launched products that revolutionized markets. Of course, many big public corporations also did…
S&P may downgrade the EU and the largest eurozone banks. (Reuters) France and Germany continue to press new eurozone treaty measures that would help trigger new financing for the region. (Reuters) Japan says…
These are some of Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Alaska Communications Systems Group Inc. (NASDAQ: ALSK) Cut to Underperform at BofA/ML. Autodesk Inc. (NASDAQ: ADSK)…
The month of October was one of the best ever for equities with double-digit gains from teh S&P 500 Index. There were some disappointments, however, and the ten worst performing stocks of the…
These are some of Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Alcatel-Lucent SA (NYSE: ALU) Cut to Neutral at JPMorgan. ARM Holdings PLC (NASDAQ: ARMH) Started…
Each morning 24/7 Wall St. issues its list of some of the key analyst upgrades, downgrades, and initiations seen from Wall Street research firms. We review these calls and other calls made…
Spain’s unemployment rate rose to 21.5% last quarter. (MarketWatch) EU officials not expecting China to invest in the region’s bailout, despite reports to the contrary. (Reuters) Hewlett-Packard (NYSE: HPQ) to keep its…
Update: Avon shares dropped 18% today on poor earnings and word of an SEC investigation. Our earlier comments: Andrea Jung, the chief executive of Avon Products (NYSE: AVP) since 1999, has done…
Douglas A. McIntyre The DJIA jumped above 12,000 in the opening minutes of trading this morning and had topped 12,200 by mid-afternoon. European Union leaders have agreed on a deal that would make up to…
The market may be up huge today (DJIA now up over 300 points and over 12,000) on a Eurozone bailout fund agreement and on a positive GDP report, but there are some serious…
Andrea Jung, the chief executive of Avon Products (NYSE: AVP) since 1999, has done a terrible job for shareholders over the last several years. The company’s stock is down 35% since October…
Douglas A. McIntyre There was a dispute about whether Apple Inc’s (NASDAQ: AAPL) board has formally discussed succession or even spoken with a large executive recruitment firm. Of course both things have happened. The issue…
Updated throughout the day. Google (NASDAQ: GOOG) will launch an online payment system this week (Reuters) Diageo may buy Jose Cuervo (Reuters) State attorneys general told several banks that they face civil…
