ThinkstockThe Office of the Comptroller of the Currency and the Federal Reserve announced this morning that the agencies have reached an agreement with 10 banks to settle enforcement actions related to “deficient…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research firms this Friday. Bank of New York Mellon Corp. (NYSE: BK) cut to Neutral at…
ThinkstockWhatever recovery the jobs market posted in 2012, mass layoffs remained impressively high. Dozens of companies each fired thousands of workers, with failing firms at the top of the list based on…
U.S. equity markets opened lower this morning following a higher-than-expected report of new claims for unemployment benefits (more coverage here). The news more than compensated for the afterglow of yesterday’s big gains…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research firms this Thursday. Alcatel-Lucent S.A. (NYSE: ALU) raised to Neutral from Sell at Credit Suisse.…
thinkstockLast night’s passage of a deal on the fiscal cliff in the U.S. House of Representatives has lit a fire under stock futures this morning. The DJIA is up more than 160…
ThinkstockThe oil and gas industry increased its mergers and acquisitions deals in 2012 by 38% over 2011, according to Dealogic. M&A activity totaled $348 billion in 2012, the industry’s highest total since…
24/7 Wall St. has compiled an outlook from many sectors and for many indexes for 2013. Most strategists and economists are calling for upside. However, the fiscal cliff remains an issue in…
U.S. equity markets opened flat to higher this morning but the good vibe didn’t last long. In Europe, the Bank of England made no changes either to interest rates or its bond…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Wednesday. BB&T Corp. (NYSE: BBT) cut to Equal Weight at Morgan Stanley. Central…
courtesy of Morgan StanleyThe commonwealth of Massachusetts has fined investment bank Morgan Stanley (NYSE: MS) $5 million for “improper influence” related to its dealing with research analysts prior to the March IPO…
ThinkstockThere continue to be reports that Credit Suisse Group A.G. (NYSE: CS) CEO Brady Dougan will lose his job early next year, and he should. Reuters recently reported: Dougan might have played…
U.S. equity markets opened higher this morning following yesterday’s gains with another good start. In Asia, the North Korean rocket launch did not cause markets to run for cover and a very…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Wednesday. Align Technology Inc. (NASDAQ: ALGN) cut to Underperform as Bear of the…
thinkstockAmazon.com Inc. (NASDAQ: AMZN) has a $2 billion pile of cash in Luxembourg to help fund its operations. (Reuters) HSBC Holding PLC (NYSE: HBC) may have to pay a $1.6 billion fine…
