To say that MF Global Holdings Ltd. (NYSE: MF) is in trouble might be the understatement of the year. The commodities and derivatives broker has reportedly been caught on the wrong side…
Updated throughout the day. Rajat Gupta, formerly a board member of Goldman Sachs (NYSE: GS) will face criminal charges for insider trading (Reuters) Nintendo will have a first half loss of $1.3…
Douglas A. McIntyre GS.COMGoldman Sachs Group Inc. (NYSE: GS) stunk this week when it reported one of its few operating losses ever. What is interesting is that shares have risen with the banking sector. The…
Jon C. Ogg Moody’s downgrade of Spain puts more pressure on the EU to address its sovereign debt crisis. (Reuters) Several large shareholders may fight to oust part of the News Corp. (NYSE: NWS) board.…
Zerohedge: Corporate Margin Squeeze Coming As Producer Prices Soar 0.8% On Expectations Of 0.2% WSJ: U.S. wholesale prices rose across the board in September, up 0.8%. Excluding food and energy, prices rose…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Alcoa Inc. (NYSE: AA) Started as Buy at Stifel Nicolaus. Baker…
Philips Electronics may be unable to shed its TV operation and will fire 4,500. (Reuters) Kinder Morgan (NYSE: KMI) to buy El Paso (NYSE: EP) for $21 billion and will save $250…
Jon OggEarnings season is upon us and so far things are shaping up either a bit better, or less-bad, than what the news reports and headlines might have led investors to believe.…
Each morning 24/7 Wall St. compiles a summary of the analyst upgrades, downgrades and initiations seen from Wall St. research firms that are having an impact on stocks. At the end of…
You hear it all the time… “This bank is so cheap against book value that it cannot go lower.” Book value, and even tangible book value, has become a pre-recession metric that…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. ARM Holdings plc (NASDAQ: ARMH) Raised to Buy at Citigroup. CareFusion Corporation…
New York State Comptroller Thomas P. DiNapoli has released a report that says Wall St. will lose 10,000 jobs by the end of next year. This is part of the normal cycle…
ChartWhatever faith investors regained in the stock market between the huge sell-off that caused lows in the spring of 2009 and the recovery that peaked this last July is gone. Is it…
E*TRADE Financial Corporation (NASDAQ: ETFC) has been discussed by many market pundits as a takeover target since the recovery out of the recession. The online brokerage giant has been doing almost everything…
Tim Geithner is probably tired of having to come to the rescue of financial firms, which are all some part of the Occupy Wall Street protests. Yet that is what he did…