6:13am ET
Investing
More Bizarre Pay Czar News
A new analysis from The Wall Street Journal shows that pay czar Kenneth Feinberg raised the salaries of most of the executives over which he has jurisdiction. The paper reports that base…
C Coverage Page 92
4:12am ET
Investing
Short Interest Up In Financials, Mixed In Tech (FRE)(CIT)(EBAY)(INTC)
Short interest in a number of major financial firms rose for the period ending October 15. Shares short in Citigroup (NYSE:C) rose 51% to 178.1 million. The short interest in CIT (NYSE:CIT)…
8:22am ET
Investing
B of A And Citi Top Managers Earn $18 Million Each
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…
4:13am ET
Media
Media Digest 10/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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…
5:37am ET
Banking, finance, and taxes
TARP Too Secret, GM Investment A Bust
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…
4:03am ET
Media
Media Digest (10/19/2009) Reuters, WSJ, NYTimes, FT, Bloomberg
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…
12:41pm ET
Banking, finance, and taxes
Bove Still Bullish, A Double For Citigroup (GS, C)
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…
9:13am ET
Banking, finance, and taxes
The Financial Leader Theme: Profit Taking (GS, C, SCHW, JPM, FAS)
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…
4:03am ET
Media
Media Digest 10/14/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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…
2:03pm ET
Banking, finance, and taxes
Top Financial Earnings on Deck (JPM, GS, C, BAC, PRSP, FAS, FAZ)
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…
9:15am ET
Investing
Top Day Trader Alert Stocks (CIT, C, GS, JNJ, NVAX, VNDA, VASC)
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…
8:06am ET
Investing
Today’s Best Market Rumors (10/13/2009) (STIC)(LVLT)(LVS)(ENER)(GE)(SNI)
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…
7:50am ET
Investing
Top Analyst Upgrades (C, CY, DRYS, LRCX, ONNN, PSUN, PKX, RL)
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…
5:42am ET
Banking, finance, and taxes
CIT (NYSE:CIT) Closer to Bankrutcy
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…
12:59pm ET
Investing
The Path to DJIA 10,000 (C, AIG, JNJ, JPM, IBM, NWS, DIA)
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…