Citigroup Inc. (NYSE: C) is continuing to show some improvements from its near-implosion. The money center bank reported earnings were about $3 billion and were reported as $0.10 EPS and revenues were…
Jon C. Ogg Next week may be short because of a holiday, but it is going to be a very busy week for earnings. We have tried to narrow the field down to the very…
Cisco news was particularly negative as CEO John Chambers tries to take apart the segments of his company that perform poorly. Concerns about Toyota’s earnings remain high due to parts and production…
Updated throughout the day. Obama will present his new deficit goals (WSJ) Katie Couric may leave CBS (NYSE: CBS) and create morning TV show with Matt Lauer (NYT) A group of bidders…
Douglas A. McIntyre Women continue to struggle for equal rights in the workplace. For at least two decades, they have earned 80% of the wages of men doing equivalent jobs. That should be a shock…
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Accenture plc (NYSE: ACN) Reiterated Outperform at Credit Suisse. Central European Media Enterprises (NASDAQ:…
Dallas-based Epsilon reported a break-in to the company’s email system that exposed some of the data the company maintains for clients using its email marketing services. Epsilon is a subsidiary of Alliance…
Data mistakenly released by Epsilon compromised the personal security of millions of people including customers at Citigroup (NYSE: C), Capital One (NYSE: COF), and Tivo (NASDAQ: TIVO) (Reuters). Tepco used a number…
It’s time for our daily look at commodity prices and developments that will carry over ahead in commodities. Corn and cattle prices top today’s news and these both have many implications on…
It is time for “The Daily Dividend.” By now it is well-known that Bank of America Corporation (NYSE: BAC) failed to win Federal Reserve approval to raise its dividend or repurchase stock. The…
The Treasury Department website is dominated by a headline that reads “Tarp Bank Programs Make Money.” The assertion has been challenged by the Congressional Budget Office. The fact that the statement might…
Douglas A. McIntyre Jon OggInvestors are still trying to key off of which banks can and cannot hike their dividends under Federal Reserve approval. In short, it is the healthy versus the unhealthy. We have…
It’s “The Daily Dividend.” Bank of America Corporation (NYSE: BAC) is getting hit this morning on news that the Federal Reserve denied a request by the largest bank by deposits to increase…
The Federal Reserve made a profit last year. It turned $79 billion of its $82 billion in “comprehensive income” over to the Treasury. The agency is an island of profit in the…
Japan may need to work with the G7 to keep the yen low. (Reuters) Sony (NYSE: SNE) factories and Rio Tinto (NYSE: RTP) expansion plans were hurt by the earthquake’s aftermath. (Reuters)…