The Wall Street Journal reports that J.P. Morgan Chase & Co. (NYSE:JPM), Citigroup Inc. (NYSE:C), Deutsche Bank AG (NYSE:DB) and UBS AG are under investigation for allegedly having “misled investors about their roles…
NYT: NY Attorney General is investigating eight banks for allegedly providing misleading information about mortgage instruments to rating agencies: The Goldman Sachs Group (NYSE: GS), Morgan Stanley(NYSE: MS), Deutsche Bank (NYSE: DB),…
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…
Reuters: The economy probably added 5,ooo jobs last month. Reuters: Kraft (KFT) gained control over 75% of Cadbury shares. Reuters: Toyota (TM) may recall the Prius. Reuters: Publishers and Amazon (AMZN) are…
Markets is Asia were lower The Nikkei fell 2.6% to 10,591. The Hang Seng was down .9% to 30,678. HBC (NYSE:HBC) fell sharply. The Shanghai Composite dropped 1% to 3,129. At the…
Douglas A. McIntyre These are this Friday’s top analyst upgrades, downgrades, and initiations seen from early Wall Street research calls. There were several banking and broker-on-broker cuts: Morgan Stanley (NYSE: MS), Goldman Sachs Group (NYSE:…
Barclays Capital’s banking research department has been busy going into the new year as it has issued new coverage on many of the European and global banks. Some of the ratings are…
Markets in Asia were mixed. The Nikkei was up .4% to 10,023. Honda (NYSE:HMC) and Sony (NYSE:SNE) rose but Toyota (NYSE:TM) dropped. The Hang Seng fell .3% to 22,495. Sinopec (NYSE:SNP) fell.…
Markets in Asia fell. The Nikkei was off .6% to 9,383. The Hang Seng fell 1.8% to 22,210. The Shanghai Composite was down 3.6% to 3,171. At the open in Europe, the…
Douglas A. McIntyre Reuters: House Democrats unveiled their healthcare bill. Reuters: Senators may extend home purchase credits until April. Reuters: China will launch a case against The Big Three auto companies. Reuters: Galleon paid Wall…
Reuters: China is having trouble managing supply and demand. Reuters: Geithner said the core programs of the TARP are ending. Reuters: Yahoo! (NASDAQ:YHOO) tripled it profits. Reuters: Sun Microsystems (NASDAQ:JAVA) will cut…
Reuters: GM says most of its cost cutting is done and its sales chief left. Reuters: Spot gold hit a record above $1,050. Reuters: The Senate healthcare bill weighs in at $829…
Updated throughout the day. Updated 2:44 Dell Inc. (NYSE: DELL) will launch a branded Android smartphone thru AT&T Inc. (NYSE: T) and possibly other carriers next year. Source today is from WSJ,…
Markets in Asia were up slightly with Shanghai closed. The Nikkei rose .2% to 9.692. The Hang Seng was up .7% to 29,564. At the open in Europe, the FTSE rose .6%…
Douglas A. McIntyre Reuters: Obama pushed his economic message before the G20 summit Reuters: A Senate panel took up healthcare legislation. Reuters: Bank of America (BAC) missed a deadline for supplying information from Congress and…