There is a key technical event that may be close to occurring in some of the major banking and financial stocks. These have all used the 50-day moving average as a key…
Bank of America Corporation (NYSE: BAC) is still well under 100 hours of announcing that Brian Moynihan would replace Ken Lewis as CEO of the largest US bank by domestic deposits. CNBC’s…
Douglas A. McIntyre Brand measurement is a popular exercise. Several major business magazines run brand value lists. The annual Brand Z and Interbrand lists always get heavy press coverage. Companies are concerned about their rankings…
Reuters: Merger activity will grow slowly in 2010. Reuters: Bank of America’s new CEO said he would focus on execution. Reuters: Profits at RIM (NASDAQ:RIMM) topped forecasts. Reuters: Oracle (NASDAQ:ORCL) posed a surprise…
These are this Thursday’s top ten analyst upgrades, downgrades, and initiations seen from Wall Street research calls: American Tower Corp. (NYSE: AMT) Started as Buy at Deutsche Bank. Amylin Pharmaceuticals (NASDAQ: AMLN)…
Reuters: Obama’s poll ratings on the economy dropped. Reuters: Bank of America (NYSE:BAC) picked insider Brian Moynihan as CEO. Reuters: Bernanke’s confirmation should pass its first hurdle. Reuters: The US delayed selling…
Updated throughout the day. The senior management at AIG (NYSE:AIG) is broke because of losses on stock and low compensation. (WSJ) Bank of America (NYSE:BAC) will get a new CEO from inside…
Reuters: Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) will pay back TARP funds. Reuters: Kraft (NYSE:KFT) says it will be disciplined in its Cadbury (NYSE:CBY) buyout effort. Reuters: Some of AIG’s (NYSE:AIG) top staff…
Citigroup’s (NYSE:C) announcement that it will pay back its TARP funds was not enough news for the day from the banking sector. Bank of America (NYSE:BAC) will not hire Robert Kelly current…
The Top Fifty websites based on their percent of US online visits from January to November 2009 are dominated by search and e-mail. The top dozen sites according to data from Hitwise include…
Reuters: Abu Dhabi supplied Dubai with $10 billion in bail out funds. Reuters: Cadbury (NYSE:CBY) is optimistic about its fight against Kraft (NYSE:KFT). Reuters: Arcelor Mittal could cut 10,000 jobs. Reuters: “Naked access”…
Updated throughout the day. Microsoft (NASDAQ:MSFT) will buy Opalis Software (Barron’s) Updated 9.47 AM EST The CEO of Bank of New York (NYSE:BK) is once again a candidate for the top jobs…
Reuters: The pressure is on big oil companies such as Exxon (NYSE:XOM) and BP (NYSE:BP) to find inexpensive oil reserves in Iraq. Reuters: Moody’s (NYSE:MCO) sees no threat to the US debt…
Short sellers sharply increased their gamble that financial stocks would fall based on short selling data from NYSE and Nasdaq on the last day of November. Shorts pushed into Citigroup (NYSE:C), increasing…
If the rumor mill is accurate, it seems that Citigroup Inc. (NYSE: C) may get to beat Wells Fargo & Co. (NYSE: WFC) in the race to exit the TARP in the…
