American Electric Power received bad press because it shuttered some coal facilities and will lay-off workers. Toyota said its profits will fall 35% The Washington Post’s Kaplan division will cut staff as…
In the 1990s, Kevin Mitnick was the most wanted cyber-criminal in the world. These days, Mitnick is wanted for another reason — his expertise. Demand for Mitnick’s services as security consultant —…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
The Financial Times reports that hackers have gained access to a number of Citigroup (NYSE C) credit cards numbers which belong to the bank’s customers. “The bank said that about 1 per…
Congressional leaders will consider tax cuts as part of talks on an increased US debt cap. (Reuters) Citigroup (NYSE: C) said hackers gained access to data on bank cards. (Reuters) St Louis…
Stock splits usually bring back memories of the old tech bubble and dot-com bubble. Fundamentally, nothing changes at the company other than that smaller investors get to invest in shares at a…
ING Groep NV (NYSE: ING) is all over the news this morning after reports that its online U.S. bank assets may fetch as much as $9 billion. Bloomberg has reported that General…
Moody’s is not without question over how it rated (and still rates) many issues after the credit crisis. The problem with that caveat is that ratings agencies are still considered relevant by…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Altria Group, Inc. (NYSE: MO) Reiterated Buy and Raised target to…
Google (NASDAQ: GOOG) was sued by PayPal and Ebay (NASDAQ: EBAY) over the use of trade secrets in its new e-commerce payment system. (Reuters) A power shortage in China may cause the…
Uncle Sam is making a profit on AIG, sort of, so far… This huge highly awaited offering from American International Group Inc. (NYSE: AIG) has been priced and this should be considered…
American International Group Inc. (NYSE: AIG) is going to be hard to bet against after its secondary offering if history is any barometer. This 300 million shares sale is expected to price…
This week we highlighted some of the big whale watching portfolio changes. Yep, the stock holdings from the likes of Warren Buffett at Berkshire Hathaway Inc. (NYSE: BRK-A), and other great billionaire…
Strauss-Kahn resigned at managing director of the IMF. The Japanese economy has fallen into recession and should recover late in the year. (Reuters) LinkedIn priced at $45, the top of its range.…
Jon OggWe have already seen (some) of the position changes of Warren Buffett, but the old guy wouldn’t share many ‘confidential positions’ so we are whale watching in other ponds. We wanted to…
