Citigroup’s (NYSE: C) financial situation has been poor enough that the Fed continues to question whether it can accelerate returns to shareholders with larger dividends. The WSJ reports that the Fed also…
Douglas A. McIntyre Bank of America Corporation (NYSE: BAC) has reported its earnings and the headline numbers may look like a disappointment at $0.03 EPS from its $653 million in earnings. Revenue was $22.5 billion…
Citigroup (NYSE: C) losses an investor vote on executive compensation. (Reuters) Many experts say Spain cannot avoid a bailout. (Reuters) Nestle is close to a deal to buy Pfizer’s (NYSE: PFE) baby…
Markets opened higher this morning and by late-morning equities were trading down about 1.5% across the board, where they have mostly remained for the rest of the day. An upbeat auction on…
Jon OggThese are some of today’s top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Achillion Pharmaceuticals Inc. (NASDAQ: ACHN) Started as Outperform with $11 target at Credit…
Last week may have been the official start of earnings season, but this week is when the real floodgates for earnings reports will open wide. Citigroup Inc. (NYSE: C) has already reported…
Citigroup, Inc. (NYSE: C) has reported that the bank made a profit of $2.93 billion in the first quarter. Outside of special items the bank’s earnings came to $1.11 in earnings per…
Jon C. Ogg Concerns about Spain and Italy renew capital markets’ rejection of area debt. (Reuters) Best Buy (NYSE: BBY) will have to bring in an outsider to change the company’s old philosophy. (Reuters) The…
Markets opened lower this morning and by mid-morning equities were trading down about -1% across the board, where they have mostly remained for the rest of the day. Worries about Spain have…
Earnings season may be underway, but this coming week is going to be full of many key earnings reports. We actually have a full slate on deck with what appears to be…
The total 2011 compensation package for Goldman Sachs Group Inc. (NYSE: GS) CEO Lloyd Blankfein was chopped by $6.7 million to $12.4 million, 35% below his 2010 total pay of $19.1 million.…
Friday morning will mark the start of earnings season as far as the financial sector and the money-center banking giants are concerned. While there was a strong rally in the first quarter…
Jon OggApparently having a short selling strategy under a hedge fund exchange-traded fund model has been working. This week we received notice that the assets under management for AdvisorShares ActiveBear ETF (NYSE: HDGE) hit a record…
This week will be the start of earnings season as we get to start reviewing some key earnings for first quarter of 2012. The banking sector is going to be of particular…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday. Apple Inc. (NASDAQ: AAPL) Cut to Neutral at BTIG. The Charles Schwab…
