thinkstockEuropean leaders say they will take additional steps to end the economic crisis in the region. (Reuters) Softbank puts an upper limit on what Sprint Nextel Corp. (NYSE: S) may pay to…
ThinkstockAnother hefty settlement is apparently due to be announced related to charges of money laundering that have hit some of the world’s biggest banks. The Wall Street Journal is reporting that HSBC…
ThinkstockThe Financial Times reports that former staff members from Deutsche Bank A.G. (NYSE: DB) say the company hid $12 billion in financial losses during the credit crisis to avoid a bailout. The…
Trey Thoelcke ThinkstockDropping Gasoline Prices Gasoline prices have moved back almost to where they were a year ago. That means the drag of fuel prices on the economy becomes increasingly less likely. Only a…
thinkstockAmazon.com Inc. (NASDAQ: AMZN) has a $2 billion pile of cash in Luxembourg to help fund its operations. (Reuters) HSBC Holding PLC (NYSE: HBC) may have to pay a $1.6 billion fine…
We are entering the closing stretch of 2013, and Wall St. is starting to make its adjustments for 2013 S&P 500 price targets. As 2013 gets closer we will make adjustments to…
A second major bank is near a settlement agreement with regulators related to charges of manipulating the Libor interest rate. Swiss banking giant UBS A.G. (NYSE: UBS) is expected to agree to…
thinkstockApple Inc. (NASDAQ: AAPL) says its head of software and chief of retail will leave. (Reuters) China will try to build its own jet engines. (Reuters) UBS A.G. (NYSE: UBS) will cut…
Major European equities markets are trading lower today as investors are waiting to see the impact of Hurricane Sandy on the heavily populated U.S. East Coast. The U.K.’s FTSE 100 is down…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Thursday. Alkermes PLC (NASDAQ: ALKS) raised to Outperform with $24 target…
Yesterday we said that Spain was looking more like Greece due to a Madrid protest that took place outside of parliament against all of the budget cuts and entitlement cuts coming down…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. Accenture PLC (NYSE: ACN) reiterated Buy with $74 target at Argus. AK…
The eurozone bailout approval and the coming announcement (or continued hint) of additional quantitative easing from the FOMC is not adding to the banks at the current time. We saw a “Sell the…
You might not exactly be seeing a total “sell the news” reaction to Germany’s constitutional court rejection of a challenge to block a permanent eurozone rescue fund. This is great news for Angela Merkel…
General Motors Co. (NYSE: GM) loses up to $49,000 on each Chevy Volt. (Reuters) J.P. Morgan Chase & Co. (NYSE: JPM) and Citigroup Inc. (NYSE: C) may change their compensation practices. (Reuters) China…
