Today’s ratings actions have focused on commercial mortgage backed securities issued by several of the country’s largest banks — Morgan Stanley (NYSE: MS), Wells Fargo & Co. (NYSE: WFC), JPMorgan Chase &…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Apple, Inc. (NASDAQ: AAPL), Citigroup, Inc. (NYSE: C), Cisco Systems,…
Angela Merkel faces a test: will her own party support money being used for the bailout of Greece? (Reuters) Bernanke says the Fed may have to act if inflation falls below targets.…
Short sellers appear ready to follow bank stocks all the way down to zero, at least based on data for the period that ended September 15. Shares short in Citigroup (NYSE: C)…
Photo by Spencer Platt/Getty ImagesWhether it’s the latest effort by the Federal Reserve to pump some liquidity into the US economy or it’s the IMF’s statement that Europe’s banks need another $440…
The House defeated a spending bill to fund the federal government passed September 30. (Reuters) United Technologies (NYSE: UTX) will buy Goodrich (NYSE: GR) for $16.5 billion. (Reuters) China’s PMI for September…
Our daily look at credit and debt ratings actions has to lead off with the news that Moody’s has lowered its ratings on Bank of America Corp. (NYSE: BAC), Wells Fargo Corp.…
Bank of America Corporation (NYSE: BAC) has been no stranger to troubles nor any stranger to controversies. It is now looking to be no stranger to credit rating downgrades. Moody’s has downgraded…
“Never apologize. It’s a sign of weakness” — John Wayne as Captain Nathan Brittles in She Wore a Yellow Ribbon (1949) CEOs are rarely in the business of apologizing. They leave the…
Obama offers a $3.6 billion deficit reduction plan that includes a tax on the rich. (Reuters) S&P cuts Italy one notch and says its outlook is negative. (Reuters) Head of UBS (NYSE:…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Bank of America Corp. (NYSE: BAC), Citigroup, Inc. (NYSE: C), Caterpillar, Inc.…
Jon OggEach morning we review our top analyst upgrades, downgrades, and initiations from Wall Street research notes. We then look back over these at the end of the week to more closely…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Adtran Inc. (NASDAQ: ADTN) Reiterated Buy and $49 target at…
Bank of America (NYSE: BAC) will need a new CEO soon, if the market’s reaction to the current plans of chief executive Brian Moynihan remains poor. Moynihan has said he will cut…
This morning’s report that Citigroup Inc. (NYSE: C) has downgraded its fellow banks’ earnings was based on fears that the European banking system is facing severe pressure from economic weakness on the…
