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…
Boston Scientific (NYSE: BSX) lost ground after it disclosed that its short-term CEO, Ray Elliott, would leave. Elliott joined the firm two years ago to engineer a turnaround which never happened. Yahoo!…
Citigroup, Inc. (NYSE: C) announced its current dividend policy, most of which we already knew. The turnaround bank has declared a whole $0.01 per quarter dividend on its common stock. The company’s…
The U.S. is about to get another electronic exchange listed as a public stock. BATS Global Markets, Inc. wants to come public and has just filed for an initial public offering. The…
Citigroup (NYSE: C) reverse split its stock and each stockholder with 10 shares got one. That took the price of Citi to $44. No one was fooled by the action. The big…
We have a very busy week ahead for equity investors, even outside of earnings season. This coming week’s key events, what we call The Unusual Suspects, is non-earnings related and includes the…
Jon OggEach morning we publish the top analyst upgrades and downgrades that we see in the market. When you look through the detailed research reports more closely, there are always some critical…
Jon C. Ogg Citigroup, Inc. (NYSE: C) is about to get a huge stock makeover. This is its last week as a stock in the single-dollar digits. At least that is what the world hopes. …
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Alliance Data Systems Corporation (NYSE: ADS) Cut to Sell at Goldman…
UBS Securities has failed to make a dent in the price of Citigroup, Inc. (NYSE: C) today, despite a positive research call in the banking sector. The Swiss bank issued a Buy…
