ThinkstockThe recession turned the banks into whipping boys of Main Street, and finding many who feel sorry for the banks is no easy task. The issue that matters for your mutual funds…
ThinkstockSunday’s New York Times story on the shenanigans played by Goldman Sachs Group Inc. (NYSE: GS) at its aluminum warehouse in Detroit is nothing especially new. What is new is that the…
ThinkstockAlmost every major bank has released earnings for the second quarter. Unfortunately, despite the fact that most beat expectations, none has rallied much beyond the improvement in the S&P — at least…
July 16, 2013: U.S. equity markets opened a bit higher this morning but almost instantly turned lower and remained in the red virtually all day. In Europe, Germany’s ZEW economic sentiment survey…
Wikimedia CommonsGoldman Sachs Group Inc. (NYSE: GS) reported second-quarter 2013 results before markets opened this morning. The investment bank and financial services giant reported quarterly diluted earnings per share (EPS) of $3.70…
Paul Ausick July 15, 2013: U.S. equity markets opened slightly higher this morning but the report on U.S. retail sales pushed shares into the red early. A later report on business inventories helped pull stocks out…
ThinkstockSeeing a U.S., Canadian or European bank file to raise cash in a debt offering is generally nothing unusual. But when a bank files for a debt offering this large, it stands…
courtesy Boeing Co.The stock and bond markets are anticipatory. Witness the sharp rise in interest rates when the Federal Reserve has not even tapered its bond buying program, let alone raised key…
U.S. equity markets opened higher this morning after yesterday’s bloodbath. There was no economic data of note released today in either Asia or the U.S. In Europe, the eurozone’s current account surplus…
thinkstockFollowing the disaster at Japan’s Fukushima Daiichi nuclear power plants in 2011, Germany said it would shut down all its nuclear generation and Japan has already closed down all but two of…
Paul Ausick courtesy of Facebook Inc.Factory orders in China, Taiwan and South Korea are off as exports taper down. (Reuters) The federal government starts its case against Apple Inc. (NASDAQ: AAPL) made on the…
courtesy of AOL, IncDefense Secretary Chuck Hagel says he has deep concerns about cyberattacks on U.S. interests. (Reuters) Intel Corp. (NASDAQ: INTC) beats out tough competition to get a chip in the…
courtesy Boeing Co.Goldman Sachs Group Inc. (NYSE: GS) is known rather well for making sector-moving research calls that create ripples due to the vast amounts of money that can flow in and…
ThinkstockGoldman Sach’s (NYSE: GS) huge effort to rehabilitate its reputation has worked, according to its CEO Lloyd Blankfein (Reuters) China’s National Energy Administration (NEA) may try to improve the quality of coal…
MicrosoftProcter & Gamble Co. (NYSE: PG) fires CEO Bob McDonald and brings back A. G. Lafley. (Reuters) Google Inc. (NASDAQ: GOOG) may face antitrust investigations by the U.S. government. (Reuters) Carl Icahn may…
