It has been hard to ignore the rise in bond yields on the longer end of the Treasury curve in recent days. The market keeps looking for clues from Federal Reserve Chairman…
Jon C. Ogg ThinkstockSony Corp. (NYSE: SNE) cuts forecasts for game console margins for the next several years. (MarketWatch) Sony also cuts targets for smartphones and camera sales. (Reuters) A complex Irish tax loophole helps…
Wikimedia CommonsThe sentiment about the value of stocks continues to be relentlessly positive. None other than the powerful investment bank Goldman Sachs Group Inc. (NYSE: GS) has increased its target for the…
Douglas A. McIntyre ThinkstockApple vs. Congress Near the top of the business headlines is the battle that Congress has started to wage with Apple Inc. (NASDAQ: AAPL) over the taxes it pays. By some measures,…
courtesy of AOL, IncYahoo! Inc.’s (NASDAQ: YHOO) profits in Asia will help balance the risk of its Tumblr buyout. (Reuters) A successful vote to split the chairman and CEO jobs at J.P.…
Seattle-based software maker Tableau Software Inc. (NYSE: DATA) begins trading today following an initial public offering (IPO) of 8.2 million shares at a price of $31 a share. The offering is valued…
courtesy Dell Inc.The earnings reports of J.C. Penney Co. Inc. (NYSE: JCP) and Dell Inc. (NASDAQ: DELL) show that revenues at each company finally may have found bottoms. This sets a stage…
ThinkstockBloomberg reporters were allowed to look at some of the subscriber data of Bloomberg terminal users. The disclosure, brought to light by Goldman Sachs Group Inc. (NYSE: GS), is staggering in its…
Douglas A. McIntyre Matthew Winkler Should Resign Bloomberg reporters were allowed to look at some of the subscriber data of Bloomberg terminal users. The disclosure, brought to light by Goldman Sachs Group Inc. (NYSE: GS),…
Douglas A. McIntyre Wikimedia CommonsFollowing the financial crisis of 2008, the U.S. Treasury was authorized to commit up to $700 billion to a Troubled Asset Relief Program — TARP — in an effort to stop…
White House Photo by Pete SouzaThe improvement in stock prices has done nothing to bring the investment in equities by individuals higher at all. As a matter of fact, participation in stock…
ThinkstockHertz Global Holdings Inc. (NYSE: HTZ) is joining the ranks of large companies with private equity backers selling out. A huge offering took place after the sale of a whopping 49,800,405 shares…
courtesy J.C. Penney Co. Inc.Retailer J.C. Penney Co. Inc. (NYSE: JCP) said this morning that it has received a commitment from Goldman Sachs Group Inc. (NYSE: GS) for a five-year $1.75 billion…
Paul Ausick Wikimedia CommonsGoldman Sachs Group Inc. (NYSE: GS) has lowered targets and bashing objectives on many things. Today it is Europe, which follows the firm’s somewhat worrisome downgrade of copper expectations, and comes…
Jon C. Ogg U.S. equity markets opened higher this morning, getting off to a good start in an effort to recover some of the ground lost yesterday. A jump in U.S. new home construction to…