Facebook Inc. (NASDAQ: FB) is finally getting its lockup expiration out of the way. Today is the day that some 271 million shares are being freed up for certain insiders and backers…
Asset management firm The Carlyle Group (NASDAQ: CG) is purchasing Seattle-based Getty Images, Inc. for $3.3 billion, management for both groups announced Wednesday. Carlyle is buying Getty from Hellman & Friedman, a private equity firm focused…
The New York Times ran an extremely impressive article that alleged huge bribery actions by Wal-Mart Stores Inc. (NYSE: WMT) in Mexico. That was on April 21. Immediately afterward, a flurry of investigations…
The drought raises more concerns about food inflation. (Reuters) The United States asks banks to set up further plans in the event that they collapse. (Reuters) The U.S. will not prosecute Goldman…
If you think that the higher regulation of banks and financial institutions is immaterial, it is not. Even if the banks need far more regulation than what they had been accustomed to,…
The story of American business has been about shipping the country’s manufacturing jobs overseas. However, there is another part of the story. Every year, American companies hire thousands of highly skilled foreign…
Bloomberg reported this morning that, for the first time, the value of transactions in exchange-traded funds (ETFs) that track the Standard & Poor’s 500 Index is set to surpass the turnover for…
American International Group, Inc. (NYSE: AIG) is just one more step closer to being a self-governing company without the oversight of taxpayers and the government. Still, AIG owes all of us taxpayers…
A Goldman Sachs report predicts a strong possibility the Federal Reserve will ease monetary policy by September. The most probable reason is that the economy will show evidence of a rapid slowdown…
Douglas A. McIntyre A Goldman Sachs (NYSE: GS) report predicts a strong possibility the Federal Reserve will ease monetary policy by September. The most probable reason is that the economy will show evidence of a…
The three major US stock indexes opened higher this morning in advance of Fed Chairman Ben Bernanke’s semi-annual report to Congress and following some data on inflation (more coverage here), industrial production,…
If you were just looking at Goldman Sachs Group Inc. (NYSE: GS) you might think that all was well on Wall St. after the bulge-bracket firm beat its earnings estimates. When you…
Yahoo! (NASDAQ: YHOO) appoints Google’s (NASDAQ: GOOG) Marissa Mayer as CEO. (Reuters) A Senate report says that HSBC (NYSE: HBC) handled Iran and drug cartel funds. (Reuters) Many investors do not like Google’s move…
The three major US stock indexes opened lower this morning following some lackluster data on the US economy. The Empire State manufacturing data improved, but retail sales posted an unexpected decline (our…
This Friday is going to mark a key earnings day when we get earnings from J.P. Morgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC). These two earnings…
