Moody’s reports that credit card charge-offs by financial firms hit 10.56% in November. This represents sums that lenders feel they will not be able to collect .The credit rating agency expects that figure…
Updated throughout the day. A “meltdown” is coming for the bond market (CNBC) GM will try to sell down its inventories of Pontiacs and Saturns by offering huge incentives (WSJ) Home prices dropped in…
Reuters: GM is offering huge incentives to sell its inventory of Pontiacs and Saturns. Reuters: Morgan Stanley (NYSE:MS) will overhaul the pay of senior management. Reuters: The departing AIG (NYSE:AIG) general counsel will…
Earlier this week came an alert that a technical event was likely to be seen in the major money center banks and major financial institution stocks pertaining to the 50-day moving averages. …
Reuters: Pay czar Feinberg approved compensation at several bailed out firms. Reuters: Oil moved above $77 as US crude stocks dropped. Reuters: The US is probing some banks about their sale of…
There is a key technical event that may be close to occurring in some of the major banking and financial stocks. These have all used the 50-day moving average as a key…
Meredith Whitney must be staggering her bank coverage news out to get more exposure, or at least that is a cynical take on the matter. Yesterday, she hit Goldman Sachs Group Inc.…
Brand measurement is a popular exercise. Several major business magazines run brand value lists. The annual Brand Z and Interbrand lists always get heavy press coverage. Companies are concerned about their rankings…
Reuters: Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) will pay back TARP funds. Reuters: Kraft (NYSE:KFT) says it will be disciplined in its Cadbury (NYSE:CBY) buyout effort. Reuters: Some of AIG’s (NYSE:AIG) top staff…
The Top Fifty websites based on their percent of US online visits from January to November 2009 are dominated by search and e-mail. The top dozen sites according to data from Hitwise include…
The program Bank of America (NYSE:BAC) has announced to repay the TARP funds it received is a modest vindication for its retiring CEO Ken Lewis. He has proved that his firm, which…
Updated throughout the day. Hershey (NYSE:HSY) and Nestle may enter the bidding for Cadbury (NYSE:CBY) (various) Microsoft (NASDAQ:MSFT) may pay content companies to block their content from Google (NASDAQ:GOOG) News and use…
The speculation over the fate of Treasury Secretary Tim Geithner and Fed chief Ben Bernanke has grown as Congress has become more troubled by rising federal deficits and unemployment. The $787 billion stimulus…
Reuters: The dollar may keep rising as investors close out bets on oil and the currency. Reuters: Black Friday deals may not signal a retail comeback. Reuters: Kraft (NYSE:KFT) is weighing a…
Reuters: The Senate is near its first vote on healthcare. Reuters: Dell (NASDAQ:DELL) is betting on corporate spending for its recovery. Reuters: Time Warner’s (NYSE:TWX) AOL showed that the worst is not…
