Updated throughout the day. KTO Capital Partners will $330 million in Asia hedge funds (Bloomberg). The CEO of former Citigroup (NYSE:C) energy trading unit, Philbro, will start a hedge fund–Astenbeck Capital Management.…
Short interest in major banks rose sharply for the period that ended on January 31. Share short in Citigroup (NYSE:C) were up 11% to 439 million. The short interest in Bank of…
Reuters:Â Â Honda (NYSE:HMC) expanded its recall by 440,000 as more Toyota (NYSE:TM) models were probed. Reuters:Â Â ArcelorMittal sees a slow improvement in steel production in Q1. Reuters:Â Â IMF aid for Greece may…
The recent trading days have been more than interesting in the market and in the financial sector. The big change came right at the same time that the banks looked poised for…
Updated throughout the day Lloyd Blankfein of Goldman Sachs (NYSE:GS) will get a $100 million bonus (Times of London) Morgan Stanley (NYSE::MS) will hire hundreds of traders over the next few years…
Reuters:Â Â Obama is looking for ways to cut the deficit. Reuters:Â Â Citigroup (NYSE:C) may sell its private equity group. Reuters:Â Â Toyota (NYSE:TM) will announce the fix for its gas pedals. Reuters:Â Â China…
Reuters:  The Toyota (NYSE:TM) recalls grew to 8 million. Reuters:  Citigroup (NYSE:C) is considering selling its real estate unit. Reuters:  Wall St. will fight Obama’s plan for the banking system. Reuters:  Obama…
Reuters:Â Â Obama said he will not let companies who owe the US taxes to bid for government work. Reuters:Â Â Republican Scott Brown won the Senate race in Massachusetts putting the Obama healthcare…
Citigroup’s (NYSE:C) shares dropped 1.5% to $3.37 after it announced fourth quarter and full-year earnings. Citigroup 2009 managed revenues increased 49% to $91.1 billion, up from $61.2 billion in 2008 reflecting, in part,…
Douglas A. McIntyre This week’s Unusual Suspects are not just about earnings season, despite the deluge and onslaught we are about to see. We have a watch for events this week in shares of Acorda…
Updated throughout the day. Updated 1.14 PM EST Leap Wireless (NASDAQ:LEAP) may have hired a banker to put itself on the block (Barron’s) Updated 1.14 PM Oracle (NASDAQ:ORCL) may fire 50% of…
Reuters:Â Â China says there are ways to resolve problems with Google (NASDAQ:GOOG), but the US is uncertain. Reuters:Â Â Oil fell to $79 over concerns about the US economy. Reuters:Â Â Intel (NASDAQ:INTC) earnings…
Short sellers sharply increased their bets against two of America’s most widely followed stocks. Shares sold short in Citigroup (NYSE:C) rose 36% to 381 million. The short interest in Apple (NASDAQ:AAPL) |…
Reuters:  A senior Fed official said the joblessness will not affect rate policy. Reuters:  Shares in China lenders rose causing economic overheating fears. Reuters:  Motorola (NYSE:MOT) says cellphone use for shopping is up.…
Reuters:Â Â A major overhaul of the global financial system is expected in 2010. Reuters:Â Â Kraft (NYSE:KFT) got a 1.52% acceptance of its Cadbury (NYSE:CBY) bid. Reuters:Â Â Gold rose above $1,120.
