7:04am ET
Economy
A Half Point Interest Rate Cut By The Fed?
Some Wall St. analysts believe that the Fed will cut rates a half a point this month. That may raise the expectations high enough so the a smaller cut could send marketing…
GS Coverage Page 141
7:20pm ET
Media
Cramer Buy, Sell, Hold Calls For 2008 On His 2007 Picks (GS, MO, HAL, CSCO, AAPL, NYX, BMRN, RAD, LVLT)
On tonight’s MAD MONEY on CNBC, Jim Cramer came out and wanted to give his BUY, SELL, or HOLD recommendations on his Top 9 Picks from 2007 now that we are into…
8:01am ET
Media
Backward & Forward, Cramer In 2007 To 2008
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
4:57am ET
Media
Media Digest 12/28/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Merrill Lynch (MER) plans to lay-off 1,600 people. Reuters writes that US durable goods numbers were worse than expected for November. Reuters writes that Wal-Mart (WMT) will end its…
4:50am ET
Media
Media Digest 12/27/2007
According to Reuters, housing prices had a record annual drop. Reuters writes that Sallie Mae (SLM) will raise $2.5 billion using stock and convertible notes. Reuters writes that Joseph Lewis has increased…
9:33am ET
Banking, finance, and taxes
When Brokers Defy Logic (BSC, MS, GS, MER)
Whether or not the markets comply going into year-end is a completely different issue. But these brokerage stocks look like they are trying to find a bottom as they throw out all…
4:21am ET
Media
Media Digest 12/19/2007
According to Reuters, Philips plans to buy-back $7.2 billion in shares. The Wall Street Journal writes that former Treasury Secretary Lawrence Summers believe that the government should put together a $75 billion…
8:39am ET
Banking, finance, and taxes
Goldman Sachs Looks Like Golden Slacks (GS)
Goldman Sachs (NYSE: GS) has managed to post $7.01 EPS in its fourth quarter report. First Call had estimates of $6.61 EPS and we had a whisper number somewhere in the $7.00…
Douglas A. McIntyre 8:15am ET
Investing
Pre-Market Stock News (December 18, 2007)
Below is the top news that 247WallSt.com is focusing on that is impacting stocks in pre-market trading activity: Adobe Systems (ADBE) traded down 2% after beating earnings and slightly raised guidance. ATS…
4:25am ET
Investing
Media Digest 12/18/2007 Reuters, WSJ, NYTImes, FT, Barron’s
According to Reuters, December home builder sentiment hit a new low. Reuters writes that PC chip makers may have hit a bottom and hope for a recovery in the first half of…
2:40pm ET
Banking, finance, and taxes
Not Everyone Is Broke: Goldman Sachs (GS) Starts $10 Billion Hedge Fund
Goldman Sachs (GS) has raised $10 billion to start a new hedge fund. According to Bloomberg: "Goldman Sachs Investment Partners, set to open Jan. 1, is being run by traders who previously…
Douglas A. McIntyre 4:21am ET
Media
Media Digest 12/17/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, the pace of holiday spending dropped off in late November and early December. Reuters writes that Ingersoll-Rand (IR) is buying Trane (TT) for $10.1 billion. Reuters writes that chip…
12:29pm ET
Investing
A New Goldman Sachs Index? You Bet Your Life (GS)
Goldman Sachs Group, Inc. (NYSE: GS) has launched the first index that will allow the market to measure, manage, and trade exposure to longevity and mortality risks in a standardized, transparent, and…
Douglas A. McIntyre 6:44am ET
Banking, finance, and taxes
Goldman’s (GS) Brilliant Bet Nets $4 Billion, But Does Little For Customers
The bankers at Goldman Sachs (GS) must be selected from Mensa. When Wall St. bets the wrong way, Goldman takes the other side of the trade and makes billion. The firm is…
Douglas A. McIntyre 4:25am ET
Media
Media Digest 12/14/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Citigroup (C) will take $49 billion of SIVs onto its balance sheet. Reuters writes that Nissan and Chrysler may begin to partner in building new cars Reuters reports that…