courtesy of BaiduWhile Chinese Internet search company Baidu Inc. (NASDAQ: BIDU) slipped in early trading, its competitors Sohu.com Inc. (NASDAQ: SOHU), SINA Corp. (NASDAQ: SINA) and Youku Tudou Inc. (NYSE: YOKU) all…
You might not exactly be seeing a total “sell the news” reaction to Germany’s constitutional court rejection of a challenge to block a permanent eurozone rescue fund. This is great news for Angela Merkel…
Mark Zuckerberg makes a rare public appearance and expresses disappointment about Facebook Inc. (NASDAQ: FB) shares but says that the company will push forward in mobile. (Reuters) Apple Inc.’s (NASDAQ: AAPL) share…
Morgan Stanley (NYSE: MS) has agreed to buy an additional 14% stake in Morgan Stanley Smith Barney (MSSB) from Citigroup Inc. (NYSE: C) for $1.89 billion. The amount puts the full value…
General Motors Co. (NYSE: GM) loses up to $49,000 on each Chevy Volt. (Reuters) J.P. Morgan Chase & Co. (NYSE: JPM) and Citigroup Inc. (NYSE: C) may change their compensation practices. (Reuters) China…
European Central Bank chief Mario Draghi will set his bond-buying plan, which may be one of the most critical moments of the EU crisis. (Reuters) Samsung faces holding customers because Apple Inc.…
The world’s largest producer of crude oil and its largest exporter of crude could become a net importer of crude in the next 20 years according to an analyst at Citigroup Inc.…
Paul Ausick Moody’s is panning the U.S. banking sector yet again. In an updated credit profile on Tuesday, Moody’s said, “The outlook for the US banking system remains negative, with ongoing challenges in the operating…
Research firm SNL Financial has released its list of the top 50 U.S. banks at the end of the second quarter of 2012. The eleven largest banks are JPMorgan Chase & Co.…
Moody’s cuts its growth forecast for emerging economies. (MarketWatch) Antony Jenkins, who runs Barclays PLC’s (NYSE: BCS) retail business, is made chief executive. (Reuters) Samsung launches new Microsoft Corp. (NASDAQ: MSFT) Windows-based…
Citigroup Inc. (NYSE: C) is increasing its debt repurchases. The banking giant said that it is upsizing the principal amount of the notes to be accepted for purchase under cash tender offers…
Jon C. Ogg The short interest in bank stocks looks to be one where investors and speculators are easing up on their attacks of the quality banks if you review the short interest changes from…
The hedge fund business might not be so easy after all, even for billionaires. Reports are out today citing ‘people close to the situation’ that Citigroup Inc. (NYSE: C) via its private…
Jon C. Ogg Citigroup Inc. (NYSE: C) does not feel it is being dealt fairly with in the matter of losses that arose from the Facebook Inc. (NASDAQ: FB) initial public offering. The bank believes…
Best Buy Resumes Talks with Founder Even with a new CEO on the way, the Best Buy Co. Inc. (NYSE: BBY) board continues to hedge bets about the firm’s future. Founder Richard…
