courtesy of YouTubeYahoo! Inc.’s (NASDAQ: YHOO) revenue rises in the fourth quarter, but only slightly. (Reuters) Detroit probably will file for bankruptcy. (Reuters) Nokia Corp. (NYSE: NOK) will put $250 million into…
ThinkstockByron Wien announced his predictions for 10 big surprises for 2013 this week to kick off the new year. Wien is now vice chairman at Blackstone Advisory Partners, and this was his…
U.S. equity markets opened flat to lower this morning as the clock ticked down to the final hours in negotiations related to the U.S. fiscal cliff. Share prices edged upward for most…
U.S. equity markets opened flat to higher again this morning following the third revision to U.S. GDP growth in the third quarter and the report on new claims for unemployment benefits (more…
ThinkstockThe IntercontinentalExchange Inc. (NYSE: ICE) is about to get a serious makeover. With its $9.4 billion market value, the futures exchange is acquiring the NYSE Euronext Inc. (NYSE: NYX). This is no…
Frank Golhen, via Wikimedia CommonsIntercontinentalExchange Inc. (NYSE: ICE) announced this morning that it has reached a definitive agreement to acquire NYSE Euronext Inc. (NYSE: NYX) in a stock and cash transaction valued…
thinkstockThe Bank of Japan begins new stimulus, pressed by an administration just voted into office. (Reuters) IntercontinentalExchange Inc. (NYSE: ICE) may buy NYSE Euronext Inc. (NYSE: NYX). (Reuters) Kodak sells $525 million…
ThinkstockThe long-standing reign of West Texas Intermediate (WTI) crude as the international benchmark for crude oil pricing has been eroding for a couple of years. Now, there is a virtual certainty that…
CME Group Inc. (NASDAQ: CME) is leading yet another consolidation of the global stock and commodity exchanges. Today came word that it was acquiring the 156-year old Kansas City Board of Trade.…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. AngloGold Ashanti Ltd. (NYSE: AU) started as Outperform at Credit Suisse. Apple…
The world’s largest base metals market is moving to the Far East. The 135-year-old London Metals Exchange (LME) has agreed to be acquired by Hong Kong Exchange & Clearing (HKEx) for $2.2…
After markets closed last night, CME Group Inc. (NASDAQ: CME) announced a 5-for-1 stock split which will be accomplished as a 400% stock dividend. The dividend will be paid on July 20th…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Applied Materials Inc. (NASDAQ: AMAT) Raised to Neutral at Goldman Sachs. Ariba…
The three major US stock indexes opened essentially flat this morning as investors were faced with a flat report on new claims for jobless benefits (our coverage here). Manufacturing data from the…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Abercrombie & Fitch (NYSE: ANF) Cut to Market Perform at Wells Fargo.…
