Foreign oil companies may have to give up natural gas rights in Iraq. (Reuters) Several large pharma firms are in the early stages of an attempt to find new and more effective…
Bank of America Corp. (NYSE: BAC) raised $5 billion in cash from Warren Buffett last week, and the bank announced this morning that more cash is on the way from a sale…
Jon OggEach morning we review our top upgrades, downgrades, and initiations from Wall Street analysts. At the end of the week, we review these more closely along with other calls made throughout…
Steve Jobs’s transition from CEO of Apple (NASDAQ: AAPL) to chairman has caused a great deal of ink to be spilt on the departure of other famous CEOs, such as Walt Disney,…
Now that Bank of America Corp. (NYSE: BAC) has raised $5 billion in cash from Warren Buffett, it’s time to look around and see what assets the bank might have on the…
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…
Bank of America Corporation (NYSE: BAC) has just scored its saving grace. Berkshire Hathaway Inc. (NYSE: BRK-A) is investing $5 billion in 6% preferred shares and warrants. What makes this different from…
Research in Motion Ltd. (NASDAQ: RIMM) can use all the help it can get, and there is a rumor that the new Blackberry smartphones will run Android apps from Google Inc. (NASDAQ:…
Short sellers appear to believe that the gyrations in the market will, on balance, bring the indices down. And some stocks, they are willing to gamble, will fall significantly. Their bets on…
Bank of America Corporation (NYSE: BAC) has been the subject of more rumors and more speculation than one could imagine. Most of the rumors and speculation feel like 2008 rather than 2011. …
Hurricane Irene will move up the East Coast, possibly hurting business activity. (Reuters) Sprint-Nextel (NYSE: S) to begin selling the Apple (NASDAQ: AAPL) iPhone 5 in mid-October. (Reuters) Samsung to begin an…
J.P. Morgan Chase & Co. (NYSE: JPM) is the highest credit quality of the money center banks in America. Bank of America Corporation (NYSE: BAC) is not. Far from it. You have…
There is a rumor circulated on Wall St. that JP Morgan (NYSE: JPM) will take over Bank of America (NYSE: BAC) within the week. The government will support the deal with a…
Federal officials may consider cuts in food stamp programs that serve 46 million people. (Reuters) Housing prices probably continued to fall in July. (Reuters) Toyota (NYSE: TM) and Ford (NYSE: F) to…
Jon OggWe won’t bother telling you what hard week this was, but we will tell you that at least some smart-money investors are out looking for bargains right now since stocks have…
