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…
Updated throughout the day. Groupon doubled subscribers this year to 115 million. It will also drop a controversial accounting method used in its IPO documents (Reuters) GDF-Suez may sell 30% of itself…
American International Group (NYSE: AIG) will sue Bank of America (NYSE: BAC) for $10 billion because the insurance company claims the big bank misrepresented the risks of mortgage-backed paper. The legal action…
The next challenge for Congress will be a tax deadlock. (Reuters) The Nikkei falls another 2% on news of a U.S. downgrade. (Reuters) Yields on Italian and Spanish bonds fall as the…
Jon OggEach morning we cover numerous analyst upgrades, downgrades, and initiations from Wall Street research firms which we think will have an impact on stocks and sectors. After each week we review…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. The Andersons, Inc. (NASDAQ: ANDE) Maintained Buy as Value at Zacks.…
Fitch and Moody’s kept the U.S. rating at Aaa (Reuters) Years of slow growth and aging populations in the West could hasten the rise of BRIC economies (Reuters) Google+ (NASDAQ: GOOG) and…
The world’s largest financial firms were supposed to recover after the credit crisis and the unprecedented support they received from the world’s largest governments. But things have not turned out so well…
The trend among short sellers for the last two months is that they gamble against shares in the weakest public companies. Perhaps they sense that an economic downturn or U.S. debt default…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. AMR Corporation (NYSE: AMR) Cut to Sell at Ticonderoga. Bank of…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Apple Inc. (NASDAQ: AAPL) Reiterated Outperform and $500 target at Credit…
Apple Inc (NASDAQ: AAPL) reported better than expected earnings and its shares soared (Reuters) Yahoo!’s (NASDAQ: YHOO) revenue fell (Reuters) A settlement of the debate over the U.S. debt pushed crude higher…
This is the Twitter-24/7 Wall St. market report for July 19, 2011. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in…
Bank of America Corporation (NYSE: BAC) met earnings estimates this morning with its loss of -$0.90 EPS due to its multi-billion settlement announced at the end of June. The total loss is…
Bank of America Corporation (NYSE: BAC) is back to being the worst of the worst of the Dow Jones Industrial Average components. Shares broke under $10.00 on Friday for the first time…
