Mastercard (MA) has a unit which tracks retail sales. The numbers that it posted for November are almost too horrible to believe. According to The Wall Street Journal, new data from MasterCard…
Douglas A. McIntyre According to Reuters, a bailout of US car companies gained support in Congress as GM (GM) and Chrysler said they needed money immediately to stay in business. Reuters reports that Merrill will…
According to Reuters, the US government gave Citigroup (C) a bailout worth over $300 billion. Reuters reports that the rescue of Citi failed to dispel concerns about the financial market as some…
The "Whos" down in "Whoville" has better watch themselves. The Grinch will steal Christmas. But, unlike the ending of the Dr. Seuss book, it won’t be given back to them at the…
Douglas A. McIntyre According to Reuters, Obama won the race for US president Reuters reports that stock index futures were steady after the Obama win.
According to Reuters, Australia cut key interest rates. Reuters reports that a large Goldman Sachs (GS) fund lost $1 billion in the first ten months of the year. Reuters writes that the…
According to Reuters, GM (GM) and Chrysler have asked the government for $10 billion to close their merger. Reuters reports that Boeing (BA) and its machinists have entered into a tentative labor…
These are some of the top analyst upgrades we are seeing in early hours of pre-market trading this Tuesday morning: AON Corp. (AOC) Raised to Buy at Goldman Sachs Bank Of America…
Economists thought the consumer was heading toward the exits. Actually, based on new data, he left the building. According to Reuters, the Mastercard Advisors service reported that "Overall September apparel sales fell…
Douglas A. McIntyre According to Reuters, Bank of America (BAC) reported weak earnings and cut its dividend. Reuters reports that Wells Fargo (WFC) and Citigroup (C) agreed to drop litigation for now and negotiate over…
These are some of the upgrades and downgrades we are seeing from Wall Street this Tuesday morning: Dick’s Sporting Goods (DKS) Raised to Outperform at Baird. IDEXX Laboratories (IDXX) Started as Buy…
Wall St. cheered what seemed to be withering results from Washington Mutual (WM) and Wachovia (WB). WaMu lost $3.3 billion and reserved $3.7 billion to handle loan losses. Wachovia lost $9 billion…
MasterCard Incorporated (NYSE: MA) has just announced it has reached an agreement to settle its outstanding litigation with American Express (NYSE: AXP). The company says the tax-affected net present value of the…
Tonight we are going to get the highly awaited VISA, Inc. initial public offering. This one has been on the books since November 2007 and we have previously noted that this was…
These are not the only analyst calls this morning, but these are the calls that 247WallSt.com is focusing on early this Tuesday morning: Automatic Data (NYSE: ADP) downgraded to Neutral from Buy…