Zerohedge: Goldman On German Q3 GDP: “Last Hurrah Before The Recession” http://tinyurl.com/bu4pcxe NYT: Buffett Amasses 5.5% Stake in IBM http://nyti.ms/uXmB1B CNBC: $BAC to sell about 10.4 B Shrs Of China Construction Bank;…
Berkshire Hathaway Inc. (NYSE: BRK-A) is set to release its third quarter’s full investment holdings very soon in an SEC filing. An unusual pre-release interview was given by Warren Buffett to CNBC…
After a period in which short sellers backed out of stocks in troubled companies, the have rushed into them again. The short interest in Research-In-Motion (NYSE: RIMM), battered by competition from Apple…
Last Friday at the meeting of the G20 in Cannes, the Financial Stability Board (FSB) revealed a list of 29 global systemically important financial institutions (known as the G-Sifis). These institutions are…
Warren Buffett and his team at Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) went out buying stocks in this last quarter according to the firm’s quarterly report. Sadly, no one outside of…
There is concern that the new Greek government will not be stable enough to run the nation. (Reuters) As finances in Italy deteriorate, concerns grow about the ability of the government to…
Each morning 24/7 Wall St. issues a list of some of the key analyst upgrades, downgrades, and initiations seen from Wall Street research firms. We review these and other calls from the week…
Bank of NY Mellon is in talks with federal prosecutors about charges it inflated fees for currency trades (WSJ) Greek Prime Minister George Papandreou will leave office (CNBC) Bank of America (NYSE:…
Douglas A. McIntyre There is some food for thought in the world of alternative energy against the hatred of banks. It is a very painful observation, but it is turning out to be that the…
MasterCard Inc. (NYSE: MA) absolutely crushed estimates this morning, reporting third-quarter EPS of of $5.63 on revenue of $1.82 billion. Consensus estimates were aiming for EPS of $4.81 on $1.7 billion in…
These are some of Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. American Water Works Company, Inc. (NYSE: AWK) added to Strong Buy List at Zacks. Bank…
George Papandreou convinces the Greek cabinet of the virtues of a national referendum on budget cuts, but he now faces the leaders of France and Germany. (Reuters) The FBI may investigate the…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of ASML Holding (NASDAQ: ASML), Bank of America Corp (NYSE: BAC), Sify Technologies…
Bank plans to charge for debit cards abandoned. U.S. banks continue to abandon plans to charge fees to holders of debit cards. SunTrust (NYSE: STI) and Regions (NYSE: RF) today announced they will kill…
Nearly lost in the news that MF Global (NYSE: MF) has collapsed under the strain of poor gambles about the EU’s future were announcements from larger banks that will cut their staffs.…
