Wall Street Analysts Win By Often Being Wrong
Ted Williams, who some consider baseball’s greatest hitter, was the last player to bat over .400 during a single season (1941). That means Williams got a hit during 40 percent of his…
Ted Williams, who some consider baseball’s greatest hitter, was the last player to bat over .400 during a single season (1941). That means Williams got a hit during 40 percent of his…
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
WSJ: Private equity interests and AOL (NYSE: AOL) may make a bid for Yahoo! (NASDAQ: YHOO). Reuters: RealtyTrac said the number of homes taken by foreclosure topped 100,000 for the first time…
Sometimes, it’s not easy being a rich, famous business pundit. These days, the media only wants to know whether the U.S. headed for a double-dip recession. The question — which is legitimate…
The TARP program is no more. The Treasury Department issued its final report on the cornerstone project meant to save the US financial system from failure. “In light of the recently announced…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Reuters: The American Sociology Review said a group of mortgages aimed at racially segregated neighborhoods helped cause the mortgage crisis. Reuters: Sanofi-Aventis made an $18.5 billion offer for Genzyme (NASDAQ: GENZ). Reuters: …
Reuters: China said legislation aimed at a devaluation of the yuan violated WTO regulations. Reuters: IPOs do poorly in the People’s Republic now but can raise money from overseas investors. Reuters: The…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
The SEC Inspector General said the the timing of a fraud case against Goldman Sachs Group was “suspicious” and may have been used to cover its mistakes in failing to discover a…
Reuters: The Chinese premier said he would not succumb to pressure from the US on the value of the yuan. Reuters: An SEC watchdog said the timing of the charges against Goldman…
Larry Summers is gone now. His two years of duty as the head of the National Economic Council are over. He will return to Harvard, where he was once kicked out as…
MarketWatch: The Chinese let the yuan rise perhaps because of pressure from the US. Reuters: The BHP Billiton (NYSE: BHP) bid for Potash (NYSE: POT) may go into 2011 as the Australian…
Bankers plan to find ways to make up the money they will lose as a result of new restrictions on fees set up by federal financial reform measures. Elizabeth Warren, who will…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…