Bank of America Corporation (NYSE: BAC) is appointing four new board members, an effort which will replace retiring members. The move will initially take the number of board members up to a count…
Jon C. Ogg The Julius Baer Group has announced that Bank of America (NYSE: BAC) is selling Merrill Lynch’s international wealth management business to the Swiss private banking firm for approximately 860 million Swiss francs…
Trey Thoelcke Manchester United PLC (NYSE: MANU) is being supported by its underwriters if the volume and pricing is of use. The formal IPO was 16.6 million shares at $14.00. We heard the Bloomberg…
The short interest data is out from the July 31 settlement date and we have compared these levels to the prior July 13 settlement date. It seems that there were some big…
If you think that the higher regulation of banks and financial institutions is immaterial, it is not. Even if the banks need far more regulation than what they had been accustomed to,…
Wells Fargo & Company (NYSE: WFC) is the bank that we said has replaced J.P. Morgan Chase & Co. (NYSE: JPM) as the safest of the money-center banks in America now. Wells…
This week we featured a list of the six cheapest DJIA components as of Monday’s close. The basis was how discounted the share prices have been to the consensus analyst price target…
As stocks rise, analysts generally lift their price targets on key stocks. As stocks fall, analysts generally lower their price targets. It is a game on Wall St., but it is a…
wikicommons / SkimstaMany American companies have been lauded for their rapid rise to greatness, a process that sometimes takes less than a decade. These firms become leaders in their industries, are renowned…
Bloomberg TV hosted the outspoken and well-known bank analyst Meredith Whitney early Tuesday morning about the banking sector and the future trends that have to be addressed in banking and brokerage operations. She…
General Motors (NYSE: GM) fires its marketing head because of a deal he set for soccer sponsorships. (Reuters) HSBC (NYSE: HBC) is under U.S. investigation over Libor manipulation. (Reuters) The Apple (NASDAQ: AAPL)…
There is a saying that goes like this: “For every saint there is a past, and for every sinner there is a future.” What happens when a big sinner looks for redemption?…
The short interest data is out from the July 13 settlement date and we have compared these levels to the prior June 29 settlement date. It seems that there were some big…
Railroad operator Genesee & Wyoming Inc. (NYSE: GWR) announced this morning that it would acquire RailAmerica Inc. (NYSE: RA) for $27.50 per share in an all-cash deal worth about $1.39 billion. Genesee…
Updated throughout the day on the 24/7 Wall St. Wire: Back of America (NYSE: BAC) and Credit Suisse (NYSE: CS) will lay off more workers. (WSJ) Crédit Agricole, HSBC (NYSE: HBC), Deutsche Bank…
