Reuters:  Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) will pay back TARP funds. Reuters:  Kraft (NYSE:KFT) says it will be disciplined in its Cadbury (NYSE:CBY) buyout effort. Reuters:  Some of AIG’s (NYSE:AIG) top staff…
Updated throughout the day. Microsoft (NASDAQ:MSFT) will buy Opalis Software (Barron’s) Updated 9.47 AM EST The CEO of Bank of New York (NYSE:BK) is once again a candidate for the top jobs…
Reuters:Â Â The pressure is on big oil companies such as Exxon (NYSE:XOM) and BP (NYSE:BP) to find inexpensive oil reserves in Iraq. Reuters:Â Â Moody’s (NYSE:MCO) sees no threat to the US debt…
Updated throughout the day. Updated 1.05 PM EST: Las Vagas Sands (NYSE:LVS) will try to raise $2.5 billion though an IPO in Hong Kong (AP) Updated 11.12 AM EST: Pfizer (NYSE:PFE) is…
Reuters:Â Â Investors in the banking sector were disturbed by the CIT (NYSE:CIT) bankruptcy. Reuters:Â Â Summers will lead a high level meeting on the economy. Reuters:Â Â US companies are holding more cash. Reuters:Â Â …
Wall St. likes financial statements that give it deep insights into a company’s operations, especially its liabilities. It likes boards that make sure shareholders get as complete a picture as possible of…
These are the top 10 analyst upgrades, downgrades, and initiations we have seen early this Monday morning: Alliant Techsystems (ATK) Started as Buy at Jefferies. Celgene (CELG) raised to Outperform at R.W.Baird.…
These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Tuesday morning: Bank of New York Mellon (BK) Raised to Buy…
Short sellers upped their investments in stocks of the most prominent financial firms. Short interest in Bank of America (BAC), AIG (AIG), Wells Fargo (WFC), and Freddie Mac (FRE) all rose for…
These are the top analyst upgrades and positive research calls from Wall Street we have seen early this Wednesday morning with more than two hours until the market opens: Apache (APA) Raised…
The Treasury is finally allowing some of the TARP recipient banks that posed the least systematic risk to begin repaying the Treasury’s preferred stock funds. This will get these institutions out from…
It is no secret that the banks that can pay the money back want out from under the Troubled Asset Relief Plan, or the TARP. It is also no secret that the…
There is not going to be much positive press today about the U.S. banking sectors. The top CEOs of America’s banks are going to testify before the House Financial Services Committee. Despite…
It seems that Uncle Sam via Treasury and via Congress is going to give the markets what they want. TARP, TALF, Bad Bank, aggregation, accounting rule exceptions, and the rest. If you…
The so-called fiduciary banks were never supposed to be immune from the woes of the financial sector. They were supposed to be more-resistant than most depository and lending institutions. Ask anyone holding…
