Media Digest 8/17/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The GM IPO is about to be filed. Reuters: Several members of the Senate want the FCC to push ahead with its own internet rules and not rely on Google (NASDAQ:…
Reuters: The GM IPO is about to be filed. Reuters: Several members of the Senate want the FCC to push ahead with its own internet rules and not rely on Google (NASDAQ:…
Short sellers pulled out of telecom stocks for the period ending on July 30, after many of them reported weak earnings. Investors are gambling that most of these shares are not likely…
Updated throughout the day Citigroup (NYSE: C) put up its Egg online bank business (FT) Motorola (NYSE: MOT) and Verizon Communications (NYSE: VZ) will launch a tablet to compete with the Apple…
Citigroup, Inc. (NYSE: C) is still trying to pare itself down to the core-Citi operations. It is going to take years to carry out. A story from Sky News in the U.K.…
Updated throughout the day. Facebook may postpone its IPO until 2012 (Reuters) American International Group (NYSE: AIG) will add Citigroup (NYSE: C) as another underwriter of its AIA IPO. (Reuters) China hedge…
Reuters: Second quarter growth slowed on imports and lower consumer spending. Reuters: Republicans blocked a small business plan. Reuters: The House will take up legislation on offshore drilling. Reuters: Citigroup (NYSE: C)…
Reuters: The Fed Beige Book says some regions see economic slowing. Reuters: The China People’s Daily ran an editorial which encourages the US to take account of China’s rising power. Reuters: Amazon.com…
Calling all major banks for upside targets! Earnings season has so far shown strong to decent bank earnings considering the recent passage of Financial Regulation and considering the end of May to…
Short sellers pushed back into banks and other financial firms during the period that ended on July 15. It may be that they sensed earnings would be weak. Or, that the recent…
The US Treasury Department may have lost faith in Citigroup (NYSE: C), perhaps because the new financial reform laws will undermine its earnings. What one hand giveth, the other taketh away. The…
We have many stocks on the move this morning for day traders and active traders to choose from. Most are earnings, but some are not. We have key and standout moves being…
Pay czar Ken Feinberg will issue a report which shows that some senior managers at firms which include Citigroup (NYSE: C), JPMorgan Chase (NYSE: JPM) and Goldman Sachs Group (NYSE: GS) made…
Reuters: Microsoft Corporation (NASDAQ: MSFT) beat Wall St. expectations but it stock did not move. Reuters: The pay czar will criticize Goldman Sachs Group, Citigroup (NYSE: C), and JPMorgan Chase…
The Bank of Canada this morning announced a hike for the overnight rate by 0.25%. The new overnight rate is still only 0.75%. The Bank Rate is correspondingly 1.00% and the deposit…
These are some of this Monday’s top analyst research summaries of upgrades and downgrades from Wall Street firms: ARM Holdings plc (NASDAQ: ARMH) Cut to Sell at Benchmark. ADC Telecommunications (NASDAQ: ADCT)…