These are this Friday’s top analyst upgrades, downgrades, and initiations seen from early Wall Street research calls. There were several banking and broker-on-broker cuts: Morgan Stanley (NYSE: MS), Goldman Sachs Group (NYSE:…
Markets in Asia were modestly higher The Nikkei rose 1.1% to 10,756. The Hang Seng rose .1% to 22,297. China Mobile (NYSE:CHL) rose. The Shanghai Composite was up .1% to 3,196. At…
Douglas A. McIntyre Reuters: Merger activity will grow slowly in 2010. Reuters: Bank of America’s new CEO said he would focus on execution. Reuters: Profits at RIM (NASDAQ:RIMM) topped forecasts. Reuters: Oracle (NASDAQ:ORCL) posed a surprise…
Updated throughout the day. Updated 12.24 PM EST: HSBC (NYSE:HBC), Barclays (NYSE:BCS), and Standard Chartered may have large exposure to Dubai debt problems. (NYTimes) 12.08 PM EST: Google (NASDAQ:GOOG) is about to…
Updated throughout the day. Hershey (NYSE:HSY) and Nestle may enter the bidding for Cadbury (NYSE:CBY) (various) Microsoft (NASDAQ:MSFT) may pay content companies to block their content from Google (NASDAQ:GOOG) News and use…
These are this Wednesday’s top 10 analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Adobe Systems NASDAQ: ADBE) Cut to Perform at Oppenheimer. Barclays plc (NYSE: BCS) Cut to…
Reuters: Markets hit their 2009 highs. Reuters: Dodd is set to unveil his financial reform bill which calls for merging many bank regulators. Reuters: Kraft’s (NYSE:KFT) bid for Cadbury turned hostile. Reuters: …
Updated throughout the day. Update 12.05 PM EST: UBS (NYSE:UBS) may spin off PaineWebber (Breakingviews) GMAC has asked the Treasury Department for several billion more dollars in loans. (NYTimes) Barry Diller’s IACI (NASDAQ:IACI) might…
These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations which we have seen early on from Wall Street research calls: ACE Limited (ACE) Started as Outperform at RBC Capital Markets.…
Updated throughout the day. Updated 12.33 PM EST: The CIA will start spying on social media activity (CNET) Updated 10.15 AM EST: Oil could hit $175 a barrel by 2016 making oil-realted…
Reuters: Apple (NASDAQ:AAPL) beat earnings forecasts. Reuters: The IRS is probing some homebuyers’ tax credit gains. Reuters: The US is ready to bring more insider trading cases. Reuters: More US companies are…
Markets in Asia were higher. The Nikkei rose 1% to 10,337. The Hang Seng was up 1% to 22,531. PetroChina (NYSE:PTR) rose. The Shanghai Composite was up by 1.5% to 3,084. At…
Douglas A. McIntyre Wall St. will not be the only place where key workers will get multi-million dollar bonuses this year. RBS (NYSE:RBC), a UK financial firm which came within days of failing and received massive government…
Markets in Asia were higher. The Nikkei rose 1.1% to 9,800. The Hang Seng was up up 2.5% t0 21,325. Shanghai was closed for a holiday. At the open in Europe, the…
Updated throughout the day. Update: The rapidly falling dollar is causing Asian importers of small cars to lose money on most vehicles and will force European luxury auto companies to raise prices…