Several media outlets reported that a venture division of JPMorgan (NYSE: JPM) would invest $450 million in Twitter. The investment would have given Twitter a value of $4.5 billion. The reports were…
Douglas A. McIntyre Updated throughout the day. Blackstone (NYSE: BX) will buy the American assets of Centro (Reuters) JP Morgan (NYSE: JPM) may invest $450 million in Twitter (WSJ) A US tax evasion probe not…
The National Association for Business Economics said the deficit was its No.1 concern. (Reuters) Congress appears less likely to shut down the government because of budget problems. (Reuters) The high price of…
The head of the Bank of Japan said that easing by the G20 central banks was necessary even though it may be causing inflation in the emerging world (Reuters) The head of…
Most investors today believe that none of the banks are paying high-yielding dividends any longer. While it is true that J.P. Morgan Chase & Co. (NYSE: JPM) is going to reinstate its…
J.P. Morgan Chase & Co. (NYSE: JPM) is holding its Investor Day presentation this morning. While everyone wants to hear about the continued wave of lower write-downs and charge-offs, the big news…
Jon C. Ogg Updated throughout the day Zynga may raise money which would value the social game company at $7 billion (WSJ) BaFin, a German regulator, is involved in the restructuring of WestLB (Reuters) JP…
Douglas A. McIntyre The size of the Japanese economy dropped in the fourth quarter of last year, but exports may aid a rebound. (Reuters) The Obama budget will cut $1.1 trillion in costs over 10…
We have many big events to watch for in the coming week at American Water Works Company, Inc. (NYSE: AWK), Apple Inc. (NASDAQ: AAPL), AT&T Inc. (NYSE: T), Verizon Communications Inc. (NYSE:…
Short sellers moved into the shares of companies that Wall St. views as having weak earnings capacity and poor business strategies. Shares sold short in AMD (NYSE: AMD), which recently pushed out…
Regulators will push to keep Wall St. firms from side stepping regulations on financial firm pay. (Reuters) Toyota Motor’s (NYSE: TM) fiscal third quarter profits fell but it increased it forecast for…
Updated throughout the day. New pension finance treatment could change earnings at AT&T (NYSE: T) and Verizon (NYSE VZ). (Bloomberg) Ally picked Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), JPMorgan (NYSE: JPM),…
Unemployment most likely improved last month but the jobless rate may rise. (Reuters) JPMorgan (NYSE: JPM) may have ignored signs that Madoff was committing fraud. (Reuters) Ben Bernanke said that if the…
These are some of this Thursday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Anadarko Petroleum Corporation (NYSE: APC) Cut to Equal-Weight at Barclays. Arch Coal…
Corporation are now sitting on billions and billions of dollars in their corporate treasuries. They are keeping their share prices higher by returning capital to shareholders. Most are certainly not hiring large…
