The three major US stock indexes opened lower this morning as the Bank of England left interest rates alone (our coverage here) and the European Central Bank (ECB) did the same (our…
The three major US stock indexes opened higher this morning as markets were getting primed for the afternoon’s statement from the FOMC. Tomorrow’s announcement on interest rates from the European Central Bank…
Eurozone officials set final terms for a bailout of Spain’s banks. (Reuters) Marissa Mayer will receive as much as $70 million to head Yahoo! (NASDAQ: YHOO). (Reuters) Banks hit by the Libor investigation may…
The three major US stock indexes opened slightly lower this morning ahead of the release later today of the minutes of the last FOMC meeting. Asian markets were mixed overnight and markets…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Alcoa Inc. (NYSE: AA) Cut to Underperform at BMO Capital Markets. Alkermes,…
The world’s largest companies have never had a reputation for showering investors with information about their financial situations and operations. The rules that might make them do so are too lax. Government authorities…
Intel (NASDAQ: INTC) invests in next-generation chip company ASML (NASDAQ: ASML). (Reuters) The Federal Reserve Bank of New York may have known in 2007 that the way Libor was set was incorrect. (Reuters)…
The new board of Duke Energy (NYSE: DUK) pushed out William D. Johnson as chief executive of the company just formed by the merger of Duke and Progress. The board unexpectedly put the former…
Douglas A. McIntyre The three major US stock indexes opened roughly flat this morning as European markets traded in advance of an expected cut in interest rates by the European Central Bank later this week.…
In the abbrevated trading day just before July 4, the overall stock market is up slightly. The Dow Jones Industrial Average is up 0.2%, the Nasdaq is up 0.45% and the S&P 500…
247sam Today marks the closing of the $32 billion merger between Duke Energy Corp. (NYSE: DUK) and Progress Energy. Duke initiated a one-for-three reverse stock split at the same time and the former…
The three major US stock indexes opened higher this morning as investors reacted positively to the $125 billion bailout of Spain’s banks (more coverage here). Once investors understood that this was yet…
24/7 Wall St. tracks the major analyst upgrades, downgrades, and initiations from Wall Street research firms each morning. After looking through these calls and others that were either made during the trading or…
Shares of nuclear waste disposal company Energy Solutions Inc. (NYSE: ES) are getting pummeled today following the announcement that the company has appointed a new CEO and that the company has lowered…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. AK Steel Holding Corporation (NYSE: AKS) Cut to Sell at Goldman Sachs.…
