Restructuring never ends in many large corporations. After a week’s worth of reading through dozens of corporate deals in the pipeline and analyzing others which could be close, it seems that many…
These are some of this Monday’s top analyst calls with upgrades, downgrades, and initiations seen in Wall Street research notes: Akamai Technologies Inc. (NASDAQ: AKAM) Cut to Hold at Citigroup. Barclays plc…
Updated throughout the day. CBS (NYSE: CBS) and Disney’s (NYSE: DIS) ABC may be sold (NYPost). Barclay’s (NYSE: BCS) Private Equity may be spun out. (Reuters) John Hyman, formerly of Morgan Stanly…
A 404-point move up in the DJIA and a near 49-point run in the S&P 500 sounds massive at 3.9% and 4.4% respectively. When you look at the international markets, particularly some…
Reuters: China will send an envoy to the US to discuss the yuan. Reuters: European carriers who lost money on the Apple (AAPL) iPhone won’t do the same in their deals to…
Reuters: The Fed is likely to keep interest rates low for some time. Reuters: China said the yuan in not behind the US trade gap. Reuters: A record number of Chinese are…
Reuters: Democrats may miss their goal to vote on healthcare reform. Reuters: China exports rose 46% in February. Reuters: China’s Geely raised money to buy Volvo. Reuters: Strong Chinese trade data made…
Greece has decided to raise three billion to five billion euros through a 10-year bond. The country has hired several banks including Barclays (BCS) and HSBC (HBC) to handle the transaction. The bonds have…
Douglas A. McIntyre Markets in Asia were higher. The Nikkei rose 2.7% to 10,309. The Hang Seng was up 1.2% to 20,518. Shanghai was closed. At the open in Europe, the FTSE was up .6%…
Douglas A. McIntyre Barclays (BCS) made $18 billion in the fourth quarter, which by any measure is stunning turnaround considering the problems the big bank had, and shared with most other multinational financial firms just…
Reuters: Barclays (NYSE:BCS) earned $18 billion, was more than forecast. Reuters: The Eurozone gave Greece 30 days to show progress on its deficit. Reuters: The number of accident claims involving Toyota (NYSE:TM)…
Markets in Asia were closed. The Nikkei rose .2% to 10,034. At the open in Europe, the FTSE rose .9% to 5,215. Barclays (NYSE:BCS) was up sharply after earnings. The Dax rose 1.2%…
Douglas A. McIntyre Markets in Asia were sharply lower. The Nikkei fell 2.9% to 10,057. The Hang Seng fell 3.3% to 19,675. The Shanghai Composite fell 1.6% to 2,939. At the open in Europe, the…
Douglas A. McIntyre Updated throughout the day. The hedge fund industry brought in $4.6 billion in December (Eurekahedge) Barclays (NYSE:BCS) may face a $27 billion deficit (Credit Suisse). JPMorgan (NYSE:JPM) is in exclusive talks to buy…
LaBranche & Co. Inc. (NYSE: LAB) has been rumored to be making a serious change or sale for some time. Tonight, that was partially confirmed. The company has signed a sale agreement…
Douglas A. McIntyre 