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…
Research in Motion Ltd. (NASDAQ: RIMM) can use all the help it can get, and there is a rumor that the new Blackberry smartphones will run Android apps from Google Inc. (NASDAQ:…
Short sellers appear to believe that the gyrations in the market will, on balance, bring the indices down. And some stocks, they are willing to gamble, will fall significantly. Their bets on…
Bank of America Corporation (NYSE: BAC) has been the subject of more rumors and more speculation than one could imagine. Most of the rumors and speculation feel like 2008 rather than 2011. …
J.P. Morgan Chase & Co. (NYSE: JPM) is the highest credit quality of the money center banks in America. Bank of America Corporation (NYSE: BAC) is not. Far from it. You have…
There is a rumor circulated on Wall St. that JP Morgan (NYSE: JPM) will take over Bank of America (NYSE: BAC) within the week. The government will support the deal with a…
Billionaire and hedge fund manager John Paulson of Paulson & Co. and of Paulson Management is a widely followed equity hedge fund manager for whale watchers. He has made billions of dollars,…
Short sellers moved into bank stocks ahead of the sell-off based on data for the period that ended July 29. Shares sold short in JPMorgan (NYSE: JPM) rose 17% to 33.6 million.…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of ARM Holdings (NASDAQ: ARMH), General Electric Company (NYSE: GE), JP Morgan Chase…
