Warren Buffett likes Lloyd Blankfein. Now Goldman Sachs likes Berkshire Hathaway Inc. (NYSE: BRK-A, BRK-B). In new coverage this morning, Goldman Sachs has initiated Warren Buffett’s conglomerate with a BUY rating. 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…
G Reuters:  Thick oil hit the Mississippi coast as a large storm moved toward the Gulf. Reuters:  BP plc’s (NYSE: BP) oil spill costs hit $100 million a day. Reuters:…
There are many stocks on the move on news for day traders and active traders this Friday morning. Stocks on the move are Boeing Co. (NYSE: BA), BP plc (NYSE: BP), Citigroup,…
Reuters: Â Lawmakers are close to crafting a final financial reform bill. Reuters: Â BP plc (NYSE: BP) shares fell again on clean-up cost concerns. Reuters: Â Large numbers of people stood…
Updated throughout the day. Video site Hulu is in talks to carry content from CBS Corp. (NYSE: CBS), Viacom Inc. (NYSE: VIA), and Time Warner Inc. (NYSE: TWX). Lloyd Blankfein of Goldman…
Twitter has, by most estimates, 100 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…
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:Â Â Credit rating agencies will not be heavily regulated under the new financial reform bill. Reuters:Â Â AT&T (NYSE: T) had privacy problems with its iPhone 4 order system. Reuters:Â Â The EU, IMF,…
Reuters:  Credit agencies may not be badly damaged in the financial reform bill. Reuters:  Moody’s (NYSE: MCO) cut Greece’s rating to junk. Reuters:  The euro dropped on profit taking. Reuters:  Oil moved…
The Treasury Department reported that in May TARP repayments to taxpayers have, for the first time, surpassed the total amount of TARP funds outstanding. “Treasury’s report showed that, through the end of…
The Congressional Oversight Panel issued a report today which says that the Federal Reserve and Treasury Department did a poor job of rescuing American International Group (NYSE: AIG), which put $160 billion…
Updated throughout the day. 2:00 PM Update: Rumors that ARM Holdings plc (NASDAQ: ARMH) is being thwarted after Davidson downgraded the stock were being unfounded… Shares are now only up 5% at…
The Congressional Oversight Panel attacked the Treasury for two aspects of its bailout of American International Group (NYSE: AIG): “By providing a complete rescue that called for no shared sacrifice among AIG’s…
