5:17am ET
Investing
Short Sellers Move Back Into Banks, Tech
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…
C Coverage Page 79
9:16am ET
Banking, finance, and taxes
US Treasury To Dump More Citigroup Shares, Perhaps Fearing The Impact Of Financial Reform
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…
Douglas A. McIntyre 9:04am ET
Investing
Top Day Trader Alerts (AMZN, ARMH, ATHN, C, ETFC, F, ERIC, QLGC, KWK, SNDK)
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…
5:08am ET
Investing
Pay Czar: Did Wall Street Managers Take High Comp As System Collapsed
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…
4:02am ET
Media
Media Digest 7/22/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
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…
2:12pm ET
Banking, finance, and taxes
Canadian Banks Begin Hiking Rates; U.S. Far Behind? (TD, RY, CM, BMO, BNS, JPM, BAC, C)
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…
8:42am ET
Investing
Top Analyst Upgrades & Downgrades (ARMH, ADCT, BIDU, BHP, C, PRGO, PLD, RIMM, SSYS, TIN, YHOO)
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)…
9:09am ET
Investing
Top Day Trader Alerts (ARNA, AVII, BIDU, BAC, C, GOOG, OREX, PLCM, VVUS)
We have many names on the move, some tied to earnings and some not. This Friday’s top day trader alerts and active trader alerts have been seen in Arena Pharmaceuticals, Inc. (NASDAQ:…
8:39am ET
Investing
The Twitter-24/7 Wall St. Stock Market Report 7.16.2010 The Wisdom Of Crowds
Twitter has, by most estimates, 100 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…
4:02am ET
Media
Media Digest 7/16/2010
MarketWatch: AgBank rose after its debut on the Hong Kong market. Reuters: Goldman Sachs Group (NYSE: GS) settled with the SEC for $550 million. Reuters: BP plc (NYSE: BP) capped the flow…
4:01am ET
Media
Media Digest 7/14/2020 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The financial reform bill should pass within days. Reuters: Intel (NYSE: INTC) posted stronger than expected earnings. Reuters: Toyota Motor (NYSE: TM) blamed driver error for some problems with recalled cars.…
12:35pm ET
Investing
June’s Large Short Interest Changes in Major Cult Stocks (ALU, ABK, BGP, BRCD, C, DRYS, NOK, PMI, BPOP, RAD, SIRI, S, UNG, VG)
Many traders and investors love the active penny-stocks and low-priced stocks, and the short interest is often used as a measure for or against the shares of the active cult stocks. The…
8:29am ET
Investing
Top Analyst Upgrades & Downgrades (AET, ATPG, BAC, C, CVS, FITB, GS, HEW, JPM, MS, NTRS, STT, UNH, VIP, WFC, WLP)
These are some of this Tuesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street firms: Aetna Inc. (NYSE: AET) Started as Hold at Citigroup. ATP Oil & Gas…
5:58am ET
Investing
Shorts Flee Strongest Stocks
Stocks with strong balance sheets that are likely to post good earnings have lost their interest for short sellers. Base on data as of June 30, short sellers abandoned the shares of…
4:42pm ET
Banking, finance, and taxes
Banks Write Down Debt Valuation to Post Profit (JPM, C, BAC, MS, GS, WFC)
Later this week the nation’s six largest banks will start trotting out second quarter earnings that are expected to be significantly lower than earnings in the first quarter. A portion of those…