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…
Reuters: If China opens its financial markets it could cause a huge bubble. Reuters: US regulators may ban “flash” trading. Reuters: Buffett may control the Kraft (KFT) decision to buy Cadbury. Reuters: …
Reuters: The competition to dominate the green car market is increasing. Reuters: Obama will pressure the G20 on Wall St. reform. Reuters: Oracle (ORCL) earnings missed targets. Reuters: Opel’s sales shows power…
Reuters: Obama’s move on trade with China makes good on a promise to labor. Reuters: Uninsured Americans hope healthcare reform will bring them coverage. Reuters: Adobe (ADBE) will buy Omniture for $1.8…
Lehman Bros. has misplaced $8.2 billion and believes that Barclays (BCS) may have made off with it. Barclays bought some of Lehman’s assets after the investment house filed Chapter 11.
Douglas A. McIntyre These are this morning’s top pre-market analyst upgrades, initiations, and positive broker research calls we have seen early this Thursday morning from Wall Street firms: Barclays (BCS) Raised to Outperform at KBW.…
Reuters: Video games hope to make a comeback with new titles and price cuts. Reuters: “Cash for clunkers” should help July car figures. Reuters: USB (UBS) shares should do well after it…
Markets in Asia were mixed. The Nikkei fell a fraction of a percent to 10,352. Toyota (TM) rose on Ford’s (F) strong July numbers. The Hang Seng rose .2% to 20,620. The…
Reuters: Political battles are likely to make this a tough year for the Fed. Reuters: The head of Toyota (TM) warned of two more tough years. Reuters: Lawmakers accused Fed of a…