Friday’s gains are currently history and investors better be paying close attention to the daily buy/sell pivots if they are staying in the market over the coming Fourth of July week. We are tracking…
J.P. Morgan Chase & Co. (NYSE: JPM) was up with the rest of the banks at the open on Friday, but something happened along the way and the bank ended up being the…
Barely six weeks after an unsuccessful offer of $24.75/share for Avon Products Inc. (NYSE: AVP), Coty Inc. has filed a Form S-3 with the SEC today, revealing its plans for an IPO…
EU leaders set a tentative plan to recapitalize troubled banks directly with funds meant to be loaned for sovereign bailouts. (Reuters) Stockton, Calif., files for bankruptcy. (Reuters) Research In Motion (NASDAQ: RIMM)…
Jamie Dimon is probably glad to hear that Barclays PLC (NYSE: BCS) is more prominently in the news over LIBOR manipulation. The reaction in shares of Barclays has been similar to the multi-billion…
The low-rate environment is going to continue taking a toll on bank earnings. Credit Suisse has a report this Thursday showing some ongoing caution in the regional banking sector. The firm is…
J.P. Morgan Chase & Co. (NYSE: JPM) is weak this morning on word that the bank’s trading losses will be much wider than originally reported. The market knew that the loss would…
Angela Merkel goes into today’s EU summit at odds with other leaders about regionwide bonds and austerity. (Reuters) Barclays (NYSE: BCS) pays $453 million to settle a probe on Libor trading. (Reuters)…
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.…
