Reports of what appears to be am effective government takeover of Bankia in Spain, ongoing debt and capital concerns of the banks, and borrowing costs approaching 7% are all culminating with the rest…
So much for any great help from the ECB, France, Germany, and any other entity being able to help the Euro stay together. Rumors have been out that nations have been instructed…
It is never a good thing to see a run on the banks. That is what the fears were recently indicating in Greece. The problem is that Spain is a much larger…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Abercrombie & Fitch (NYSE: ANF) Cut to Market Perform at Wells Fargo.…
The European Central Bank is said to be freezing assets or considering freezing assets or halting monetary policy operations to some banks in Greece as the Greeks consider an exit of the…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. Banco Bilbao Vizcaya Argentaria (NYSE: BBVA) Cut to Sell at Societe Generale. Eastman…
nationsonline.orgThe U.S. stock markets have by and large been decoupled from the woes of Europe most of this year, as well as the slowing of growth in the key markets of China,…
Jon OggThis last week had many top analyst calls, but each week we review all of the calls looking for those which were very bold calls or that go against the grain. …
Standard & Poor’s has just lowered the sovereign credit rating of Spain. We have warned that the downgrades were not over for Spain nor for the other PIIGS nations. We would go ahead…
Jon C. Ogg Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. ARM Holdings PLC (NASDAQ: ARMH) Raised to Neutral at JPMorgan. Banco Santander…
More debt downgrade warnings are looming on the horizon. This time for Puerto Rico, a nation which many consider the unspoken fifty-first state in America. Moody’s Investors Service has now placed certain…
European banks are taking it right on the chin, or maybe the chin and the nose. The reports of a bad Spanish debt auction managed to push up borrowing costs again and…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning: ABB Limited (NYSE: ABB) Cut to Equal Weight at Morgan Stanley.…
Standard & Poor’s is downgrading banks in Spain, after it cut local and regional government units after a January downgrade of the Kingdom of Spain. This should really be of no surprise…
Jon C. Ogg An agreement in Greece is sending European shares higher in New York ADR trading this Monday morning. Is it real this time? And is it not just a temporary measure until the…
