Bank of America (NYSE:BAC) CEO Ken Lewis is gone now, but the culture of big pay packages established on his watch is not. The bank will pay large bonuses for 2009 to many of…
Reuters: Oil is at $82 and will move based on US jobs data. Reuters: Reliance upped its offer for Lyondell to $13.5 billion. Reuters: An former SAC employee was caught in a probe of…
Updated throughout the day. The New York Fed told AIG (NYSE:AIG) not to disclose swaps deals with companies including Goldman Sachs (NYSE:GS). (Bloomberg) Ivanhoe Mines may be for sale (Reuters). AMR (NYSE:AMR) has raised…
Updated throughout the day. Mobile advertiser Millennial Media is likely to be bought soon now that Apple (NASDAQ:AAPL) has bought Quattro and Google (NASDAQ:GOOG) has purchased AdMob. (The Deal) JAL is once again facing…
Customers, employees, shareholders, and taxpayers hate large corporations for many reasons. 24/7 Wall St. has looked at many of these issues to choose the 15 most hated companies in America. We evaluated…
Update throughout the day. Google (NASDAQ:GOOG) will unveil its Nexus One handset today (various) China GDP grew 13% in December (CNBC) Goldman Sachs (NYSE:GS) may move its operations out of London (The…
Updated throughout the day. Goldman Sachs (NYSE:GS) may move some of its operations out of London to avoid high taxes on banker bonuses (London Telegraph) Kraft (NYSE:KFT) will raise its bid for…
The year 2009 is in the books and some of the most troubled companies of the last decade made the biggest returns among S&P 500 firms in 2009. Among S&P 500 stocks, Ford (NYSE:F), which two…
These are this Tuesday’s top analyst upgrades, downgrades, and initiations seen in a thin week of coverage and Wall Street research calls: Amazon.com Inc. (NASDAQ: AMZN) Reiterated Outperform but target raised to…
Earlier this week came an alert that a technical event was likely to be seen in the major money center banks and major financial institution stocks pertaining to the 50-day moving averages. …
Reuters: Pay czar Feinberg approved compensation at several bailed out firms. Reuters: Oil moved above $77 as US crude stocks dropped. Reuters: The US is probing some banks about their sale of…
There is a key technical event that may be close to occurring in some of the major banking and financial stocks. These have all used the 50-day moving average as a key…
E*TRADE Financial Corporation (NASDAQ: ETFC) has some good news this morning, although this could actually be bad news for those hoping for an immediate takeover. The company has been without an heir…
Updated throughout the day. Dubai World will meet with creditors but offer no proposals (various). China’s sovereign fund CIC will get a new infusion of $200 billion (FT) Goldman Sachs (NYSE:GS) will moves…
Douglas A. McIntyre Meredith Whitney must be staggering her bank coverage news out to get more exposure, or at least that is a cynical take on the matter. Yesterday, she hit Goldman Sachs Group Inc.…