Bankers have become more and more adroit at shooting themselves in the foot this year. Congress, the Administration and the public are already upset by actions that they believe caused the credit…
Reuters: Corporate directors are on the hot seat over management pay. Reuters: The US healthcare system wastes up to $800 billion a year. Reuters: Capmark Financial filed for bankrupcy. Reuters: The land…
The Troubled Asset Relief Program inspector Neil Barofsky has almost nothing good to say about the way the Treasury has handled the TARP. He released his latest report to Congress today. His…
Reuters: US corporations are concerned about the weakness of the dollar. Reuters: Bernanke says that global imbalances in trade and cash flows must be addressed. Reuters: Wal-Mart (NYSE:WMT) is attacking new markets…
Calling for more and more gains after what we have seen in the troubled financial sector is a tough call on the surface. Yet, that is what Rochdale’s Dick Bove is calling…
Goldman Sachs Group Inc. (NYSE: GS), Citigroup, Inc. (NYSE: C), and The Charles Schwab Corporation (NASDAQ: SCHW) have all reported earnings. All came in above or in-line with estimates and there is…
Reuters: Aggressive trading in gold in China may be pushing the price of the metal up. Reuters: Blackstone’s (NYSE:BX) CEO says the worst of the crisis is over. Reuters: The House has…
This week is the week we have 6 DJIA components reporting earnings as the first real week of earnings season, but the big financial stocks reporting will set the tone for how…
These are this morning’s top day trader alert stocks. We have more detailed price and volume analysis on each stock link over at VSInvestor.com: CIT Group Inc. (NYSE: CIT) is getting crushed…
Updated throughout the day. Updated 3.14 PM EST: STIC (NASDAQ:STIC) dropping on rumors that Sun (NASDAQ:JAVA) database applications may hurt STIC sales (Barron’s) Updated 3.11 PM EST: Level 3 (NASDAQ:LVLT) is surging…
These are this morning’s top analyst upgrades and positive research calls from Wall Street firms we have seen with about two hours until the market opens: Citigroup (C) Started as Buy at…
Investors who have dumped CIT (NYSE:CIT) stock since September 29 are looking smart. The shares have dropped from $1.67 on the 29th to $1.04. It appears that debtholders of paper from the…
The Dow Jones Industrial Average is within sight of the psychological 10,000 mark. Again. This is a price-weighted index rather than a market cap-weighted index, which makes the index not as representative…
Its fiscal year coming to an end, Goldman Sachs (NYSE:GS) is about to post record annual profits less than a year after the peak of the credit crisis. It is as if…
Reuters: E-mails and the credit crisis will be key to the trial of Bear Stearns workers. Reuters: The approval process for Tengzhong to buy Hummer has started in China. Reuters: Philips Electronics…
