ThinkstockSaying that a recent decision by the European Parliament calls into question government support of European banks, Standard & Poor’s on Tuesday cut its outlook on 15 of the continent’s banks from…
These are the top analyst upgrades, downgrades and initiations from Wall Street for Friday, April 25, 2014. They include Accenture, Amazon, Bank of America, Broadcom and SunPower.
ThinkstockMedian income for Americans was $34,750 in 2012. At some companies, however, the median is more than five times the national number. Based on figures provided by Glassdoor, 24/7 Wall St. examined…
Barclays announced financial results and said it would cut as many as 12,000 jobs.
Douglas A. McIntyre Bank of America Merrill Lynch has named its top 10 EMEA (Europe, Mid-East, Africa) picks as short-term stock recommendations for the first quarter of 2014. Several of them will be very well…
Jon OggStocks have traded down from recent highs in light of a federal government shutdown and ahead of a debt ceiling expiration. Now investors and traders have to wonder which stocks to…
August 1, 2013: U.S. equity markets opened higher this morning as PMI readings in Europe bounced generally higher and China’s PMI improved slightly to remain positive. In the U.K., the Bank of…
These are the top analyst downgrades, cautious research notes and stocks to sell from Wall Street for Thursday, August 1, 2013. They include Atmel, Barclays, Enbridge Energy Partners, J.C. Penney and Humana.
thinkstockJ.P. Morgan Chase & Co. (NYSE: JPM) are reportedly negotiating a settlement of $500 million with the Federal Energy Regulatory Commission (FERC). The FERC announced penalties of about $470 million against Barclays…
ThinkstockU.K.-based Barclays PLC (NYSE: BCS) is refusing to pay fines totaling $470 million levied against the bank by the U.S. Federal Energy Regulatory Commission (FERC) related to electricity trading by four former…
courtesy of Leonid Mamchenkov, via WikimediaJust over a decade ago, Sony Ericsson was one of the hottest cell phone makers in the world. Similarly, Cingular was one of the most popular wireless…
ThinkstockS&P must believe that a new credit crisis is on the way, or at least there is a reasonably good chance there could be. It hit several of the world’s largest banks…
courtesy of AOL, IncGartner reports that smartphone sales grew in the first quarter and Samsung continued to gain share. (MarketWatch) The AP says the U.S. Department of Justice took some of the…
ThinkstockI already have gone on the record that the taxation of deposits in Cyprus is nothing short of theft. Regardless of a bloated banking system that was in shambles, taking depositors’ assets under…
ThinkstockThe restructuring of the financial services industry, which has ranged from 30,000 layoffs at Bank of America Corp. (NYSE: BAC) to cuts at Citigroup Inc. (NYSE: C) and Barclays PLC (NYSE: BCS),…
