6:48am ET
Special Report
America’s Shrinking Corporate Giants
It is rare for one of America’s largest companies to lose a third or more of its sales in a brief time. When it happens, it is usually either because of market…
BAC Coverage Page 87
6:44am ET
Investing
What’s Important in the Financial World (2/6/2012) Greek Settlement, GM Profit Target
Time has finally run out for Greece. The European Union, European Central Bank and International Monetary Fund have said they are tired of waiting to see if Greece can cut is budget again.…
1:31pm ET
Investing
New York State Sues Banks Over Foreclosures (BAC, WFC, JPM)
The state of New York has filed a lawsuit in the state’s Supreme Court charging Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), and JPMorgan Chase & Co.…
11:34am ET
Investing
SolarCity Preparing Third Quarter IPO (FSLR, STP, YGE, RSOL, WEST, KYO, BAC, GOOG)
Solar systems installer SolarCity is reported to be preparing an IPO in the third quarter of this year. A Reuters report notes that Goldman Sachs will be the lead underwriter for the…
8:01am ET
Investing
SEC Plays Softball with Big Banks — NY Times (JPM, GS, BAC, C, DELL, GE, URI)
Over the last ten years, the US Securities and Exchange Commission (SEC) has offered nearly 350 waivers to the country’s biggest banks in cases when the banks might be punished for fraud,…
1:28pm ET
Investing
MasterCard Rises on Revenues, EPS (MA, V, BAC, JPM, WFC, COF)
Credit card giant MasterCard Inc. (NYSE: MA) reported fourth quarter adjusted EPS of $4.03 on revenue of $1.72 billion. Consensus estimates called for EPS of $3.92 on $1.73 billion in revenue. The…
8:23am ET
Banking, finance, and taxes
Warren Buffett’s Top Stocks of 2012 (BRK-B, SPY, USG, BAC, IR, MCO, INTC, WFC, AXP)
2012 is getting off to a great start for the equity markets. We recently looked at the performance of Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK.B), which is underperforming this year so…
8:18am ET
Investing
Top Analyst Upgrades & Downgrades (AMZN, ASH, BAC, C, CAT, DB, XOM, MWW, NEM, STX, SXC, WBSN, VRTX)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. Amazon.com Inc. (NASDAQ: AMZN) Maintained Neutral but cut target…
8:34am ET
Investing
Top Analyst Upgrades & Downgrades (AAP, AZO, BAC, C, HFC, IMGN, JAKK, JPM, K, KEG, MEOH, MNST, MS, MYL, SPLS, TWX, WFM)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning. Advanced Auto Parts Inc. (NYSE: AAP) Raised to Buy…
8:06am ET
Investing
Goldman Sachs Upgrades Rivals (GS, BAC, C, MS)
Goldman Sachs Group Inc. (NYSE: GS) has come out with a set of upgrades in the bank and brokerage sector this morning. These are the sort of calls that when a firm…
6:50am ET
Investing
What’s Important in the Financial World (1/30/2012) Bank of America Management, Facebook IPO
There is still no settlement between Greece and the private investors who hold its debt. Greece also faces a call from Germany to have an independent agency supervise its budget. The Greek government…
2:29pm ET
Investing
BofA Limits Cash Bonuses (BAC, MS, CS)
Bank of America Corp. (NYSE: BAC) is reducing the amount of cash it pays out in bonuses to employees. According to Bloomberg News, employees are being told of the new bonus structure…
12:05pm ET
Investing
More Cuts Coming To Investment Banker Pay (MS, BAC, CS)
First it was news that Morgan Stanley (NYSE: MS) and Bank of America Corporation (NYSE: BAC) were cutting investment banker pay ahead. Now comes more of the same from Credit Suisse Group…
10:08am ET
Investing
Tracking The highly Unusual Short Interest Trends (ALU, BAC, DNDN, DMND, FSLR, F, GMCR, HGSI, LNKD, NFLX, RIMM, SIRI)
Cult stocks and controversial stocks often have an unusually high short interest. What is amazing is that the bets against these companies sometimes go off the charts. We have tracked unusual short…
6:33am ET
Investing
Short Sellers Increase Bets Across the Board
For the first time in a long time, short sellers have increased their bets that the stock prices of most large companies and in most large sectors will fall. The NYSE and…