What’s Important in the Financial World (6/27/2012)
The pressure on the financial situation of the weakest nations in Europe continues to grow, and Italy became the latest country to face a sharp rise in borrowing costs. The news ahead of a summit…
The pressure on the financial situation of the weakest nations in Europe continues to grow, and Italy became the latest country to face a sharp rise in borrowing costs. The news ahead of a summit…
The three major US stock indexes opened slightly higher this morning as markets didn’t get any more bad news from Europe and got some good news on housing prices from the S&P…
courtesy Facebook Inc.This week marks the end of the Facebook, Inc. (NASDAQ: FB) analyst quiet period for those many brokerage firms which have analysts who will finally be free to initiate coverage…
In a rare move, Goldman Sachs Group (NYSE: GS) has made some changes to its Conviction Buy List on competing banks. The reason this is so rare is because when analysts of…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Ace Ltd. (NYSE: ACE) Started as Buy at Stern Agee. American International…
Moody’s recent downgrade of 15 of the world’s largest banks, along with JP Morgan Chase & Co.’s (NYSE: JPM) multibillion trading loss, make it clear that certain big banks are just not…
AB InBev (NYSE: BUD) may buy the part of Modelo it does not already own. (Reuters) Samsung expects a rise in Q2 handset sales. (Reuters) Research In Motion (NASDAQ: RIMM) may split into two companies.…
Many analysts said that the Moody’s downgrade of banks reflected circumstances that the capital markers already realized. The downgrades, therefore, were largely useless. But the reaction to the rating changes by Moody’s…
Add one more piece of pessimistic news to that coming from economic research firms in Europe. The Ifo Institute issued its latest data on Germany: The Ifo Business Climate Index for industry and trade…
The heads of Germany, France, Spain and Italy meet to seek a solution to the financial crisis in the eurozone. (Reuters) A “bug” interrupts Twitter service twice. (Reuters) Moody’s downgrades 15 banks,…
We had been informed that Moody’s was going to finally release its massive downgrade of the banking system today. The Moody’s warning came back in February that the downgrade was coming, so this…
24/7 Wall St. has been expecting this highly anticipated Moody’s downgrade of the large banks and investment banks for weeks. It appears that the wait is over as the downgrade is set…
Flickr, Images of MoneyAs part of the $26 billion mortgage foreclosure settlement reached between the federal and state governments with a number of mortgage lenders, borrowers who believe that their homes were…
The three major US stock indexes opened slightly lower this morning as markets waited patiently for an afternoon announcement from the FOMC. When the word finally came that Operation Twist would continue…
J.P. Morgan Chase & Co. (NYSE: JPM) was already at highs not seen in a month yesterday and now it appears as though this one is heading even higher on Wednesday. The…