3:22pm ET
Banking, finance, and taxes
Icahn Claims Close to Par Value in CIT Bonds (CIT, GS)
CIT Group, Inc. (NYSE: CIT) has had a lot of news this week. A lot this year for that matter. Last night there was word that it had reached a loan…
GS Coverage Page 118
3:57am ET
Media
Media Digest (10/23/2009) Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Japan Airlines faces $8.8 billion in excess debt if liquidated. Reuters: Amazon (NASDAQ:AMZN) beat Wall St. estimates. Reuters: GM’s CEO will get a pay raise. Reuters: Nokia (NYSE:NOK) sued Apple (NASDAQ:AAPL)…
5:24am ET
Investing
The Pay Czar’s Day In The Sun
Pay czar Kenneth Feinberg has already effectively clipped the compensation wings of Bank of America (NYSE:BAC) CEO Ken Lewis by taking away all of his 2009 compensation. Feinberg now plans to cut the…
4:08am ET
Media
Media Digest (10/21/2009) Reuters, WSJ, NYTimes, FT, Bloomberg
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…
4:57am ET
Investing
Dow Back To 14,000 By May (AAPL)(GOOG)(GS)(JPM)(GE)
It has taken the DJIA a little over 32 weeks to move from 6,547 to just over 10,000, a move up of 53%. The index will be back over 14,000 by the…
9:00pm ET
Banking, finance, and taxes
Wall St. Bonus Fever Spreads To UK
Wall St. will not be the only place where key workers will get multi-million dollar bonuses this year. RBS (NYSE:RBC), a UK financial firm which came within days of failing and received massive government…
4:04am ET
Media
Media Digest (10/16/2009) Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Google (NASDAQ:GOOG) and IBM (NYSE:IBM) posted strong results. Reuters: Bank of America’s (NYSE:BAC) Lewis will skip 2009 pay. Reuters: Japan Airlines says bankruptcy is an option to solving its problems. Reuters: …
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…
9:10am ET
Investing
Today’s Best Market Rumors (10/15/2009) (ERTS)(CLWR)(MSFT)(ARUN)(GS)(LAZ)
Updated throughout the day. Updated 2.15 PM: Electronic Arts (NASDAQ:ERTS) may buy social game business Playfish for $250 million. (Business Insider) Updated 1:40 PM EST: CKX Inc. (NASDAQ: CKXE) refuting reports that…
4:04am ET
Media
Media Digest (10/15/2009) Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Goldman Sachs (NYSE:GS) is having trouble justifying its huge bonuses. Reuters: Bruce Wasserstein, M&A giant and head of Lazard (NYSE:LAZ), died. Reuters: Congress will probe compensation at AIG (NYSE:AIG). Reuters: US…
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…
7:21am ET
Banking, finance, and taxes
Meredith Whitney Dumps Goldman Sachs Ahead of Earnings (GS)
Goldman Sachs Group Inc. (NYSE: GS) is on deck for earnings this week. Its earnings news may have just been derailed by a key influential analyst call. Meredith Whitney, now with Meredith…
Douglas A. McIntyre