Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. American Capital Mortgage Investment Corp. (NASDAQ: MTGE) Started as Hold…
Bank of America (NYSE: BAC) will need a new CEO soon, if the market’s reaction to the current plans of chief executive Brian Moynihan remains poor. Moynihan has said he will cut…
This morning’s report that Citigroup Inc. (NYSE: C) has downgraded its fellow banks’ earnings was based on fears that the European banking system is facing severe pressure from economic weakness on the…
Major banks and brokerage firms do not cover their own banks, for obvious reasons of conflicts of interest. They do, however, cover their peers and rivals. Many investors believe that the banks…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Baidu.com, Inc. (NASDAQ: BIDU), JPMorgan Chase & Co. (NYSE: JPM), Netlogic Microsystems,…
Carol Bartz resigns from Yahoo!’s (NASDAQ: YHOO) board. (Reuters) Lagarde disputes reports of an IMF study that shows a $372 billion capital shortfall among Europe’s banks. (Reuters) Bank of America’s (NYSE: BAC)…
There has to be a bottom to the current pessimism about the economy. US citizens have a pervasive sense of doom that affects the evaluation of the present and the immediate future. Businesses…
Bank of America (NYSE: BAC), JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC) and Citigroup (NYSE: C) may settle charges made by several states over “robo-signing” practices. (FT) Lockheed Martin (NYSE: LMT)…
If it is true, it would be another sign of desperation. The Charlotte Observer reports that Bank of America (NYSE: BAC) could lay-off 30,000 people over several years. The bank has come…
American International Group, Inc. (NYSE: AIG) has filed a registration Form S-1 for a proposed initial public offering of its wholly-owned IFLC Holdings, Inc. subsidiary. IFLC is the aircraft leasing unit of…
To say that the situation had become painful at Bank of America (NYSE: BAC) would be the understatement of the year. Shares were trading at $10.22 on July 21, before the meltdown…
Bank of America Corp. (NYSE: BAC) raised $5 billion in cash from Warren Buffett last week, and the bank announced this morning that more cash is on the way from a sale…
LG Display (NYSE: LPL) cuts capital expenditures as demand for LCD screens is hurt by tablet PC sales. (Reuters) Samsung to delay its tablet launch in the U.S. because of IP lawsuits…
Jon OggEach morning we review our top upgrades, downgrades, and initiations from Wall Street analysts. At the end of the week, we review these more closely along with other calls made throughout…
Now that Bank of America Corp. (NYSE: BAC) has raised $5 billion in cash from Warren Buffett, it’s time to look around and see what assets the bank might have on the…
