Word out yesterday was that Richard Fuld, CEO of Lehman (LEH), would make $35 million for his year’s work. Lehman stock is down over 20% this year. But, the company’s board probably…
According to Reuters, Paulson says that China is picking up the pace of the yuan rise. Reuters writesThe Asian Development Bank cut growth rates for countries in Asia including China Reuters reports…
We are set to get the highly awaited earnings report out of Lehman Brothers (NYSE: LEH) on Thursday morning, and this could be the largest catalyst for brokers and financial stocks since…
24/7 Wall St. has evaluated over 200 CEOs in order to select it CEO of the Year. Six finalists were chosen from the list. The measurements were based on company stock performance…
These are not the only impact-calls affecting stocks from analysts in pre-market trading, but these are the ones that 24/7 Wall St. is focusing on: Activision (ATVI) raised to Overweight at Lehman.…
Looking around the wreckage of some of the big cap companies it is not hard to find a few CEOs who probably need to go back to business school. Wall St. would…
Ah, China. A place where your best friend can compete with you on a day’s notice. Especially if you are not a card carrying member of the communist party. Goldman Sachs (GS)…
Douglas A. McIntyre According to Reuters, Fed chief Bernanke said the resurgence in financial strains in recent weeks had dimmed the outlook for the U.S. economy. Reuters writes that Dell’s (DELL) profit rose but if…
The good news is that Goldman Sachs (GS) believes that the "U.S. Federal Open Market Committee to cut interest rates to 3% by mid-2008, down from its earlier forecast of 4%," according…
Douglas A. McIntyre Air France KLM SA (NYSE:AKH/ADR) shares traded up roughly 7% Thursday after beating earnings from price hikes and fuel hedging. After United Rentals (NYSE:URI) said it was suing Cerberus on the broken…
Oil is not at $200. It trades just below $100, and there are some reasons it could drop. The economies in the US and Europe are probably slowing, which should bring down…
According to Bloomberg "Goldman Sachs Group Inc.’s (GS) Global Alpha hedge fund may lose about $6 billion in assets this year, a 60 percent decline, because of trades that went awry and…
Douglas A. McIntyre According to Reuters, Goldman Sachs (GS) issued a report saying the housing sector had much further to fall and that some financial institutions would have to raise money to stay in business.…
The brokers at Merrill Lynch (MER) are tired of the lack of respect that they have had over the last several years. Stan O’Neal, the former CEO, treated them and their chief…
Douglas A. McIntyre Goldman Sachs (GS) has downgraded Citigroup (C) to "sell" "with the broker seeing up to $15 billion in write-downs from collateralized debt obligations over the next two quarters," according to MarketWatch.