What’s Important in the Financial World (9/28/2012)
Paris Auto Show The Paris Auto Show had its usual large number of new model introductions, along with dozens and dozens of displays of cars and light trucks already on sale around the world.…
Paris Auto Show The Paris Auto Show had its usual large number of new model introductions, along with dozens and dozens of displays of cars and light trucks already on sale around the world.…
GS.COMWhen investment bankers and brokerage firms are large donors or fundraisers for a political candidates, you know that the stage can be set for a conflict of interest. That certainly does not…
Yahoo.comYahoo! Inc. (NASDAQ: YHOO) was reinstated with coverage with a Buy rating at Goldman Sachs this morning. It is not just the Buy rating that matters. What matters the most is that the…
Discount retailer Dollar General Corp. (NYSE: DG) has announced that it will repurchase approximately $250 million of its shares currently held by Buck Holdings L.P. and initiate a secondary offering of 30…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. AK Steel Holding Corp. (NYSE: AKS) cut to Sell at Citigroup. Atmel…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Adobe Systems Inc. (NASDAQ: ADBE) raised to Outperform at RBC Capital Markets.…
The Blackstone Group LP (NYSE: BX) is going big into home automation, and we would note that there is a solar angle here as well. The private equity giant is paying a…
LifeLockLifeLock is supposed to be a hot and anticipated initial public offering. It was not one of our top 17 IPOs to watch out for in 2012 but it easily could have…
Alibaba buys back half of the stake owned by Yahoo! Inc. (NASDAQ: YHOO) for $7.6 billion, of which $6.3 billion is cash. Yahoo! will return most of the money to shareholders. (Reuters)…
After the markets closed today, Goldman Sachs Group Inc. (NYSE: GS) announced that current CFO David Viniar will retire after 12 years in the position and 32 years with the firm. Goldman…
The Federal Reserve plans to gamble that QE3 will combat a flagging economy. (Reuters) Brent crude rises to $117 on the Fed announcement. (Reuters) The Nintendo Wii U will allow video program…
A look at the headlines across Reuters, the Wall Street Journal, Bloomberg, the Financial Times and the New York Times business section shows that all cover the same major stories in much the…
MIPS Technologies Inc. (NASDAQ: MIPS) has been on a major run of late, and shares hit a new 52-week high this morning. We have seen four consecutive days of gains, as this…
Poor jobless figures may force the Fed to adopt QE3. (Reuters) BP PLC (NYSE: BP) tries to blame workers on the Deepwater Horizon for the accident that caused a huge oil spill.…
Moody’s is panning the U.S. banking sector yet again. In an updated credit profile on Tuesday, Moody’s said, “The outlook for the US banking system remains negative, with ongoing challenges in the operating…