courtesy J.C. Penney Co. Inc.There has always been a Wall St. trend for the spotlight to shine on the smartest guy in the room at any given time. Whether they be one…
ThinkstockAre Fannie Mae and Freddie Mac really still safe from the bankruptcy chamber? 24/7 Wall St. is looking for a reality check here and we find it surprising that the giant moves…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseA federal judge in Manhattan ruled yesterday that Flagstar Bancorp Inc. (NYSE: FBC) must pay $90.1 million to bond insurer Assured Guaranty Ltd.…
ThinkstockMBIA Inc. (NYSE: MBI) has tanked after Bank of America Corp. (NYSE: BAC) has tendered for the 5.70% MBIA notes due in 2034. The bank is asking note holders to sell their 2004 MBIA notes…
24/7 Wall St. is tracking eleven key stocks on the move in the after-hours session. Most are of course on earnings, but this shows the move and a brief comment on the…
Google (NASDAQ: GOOG) splits its stock in a way that will help its founders keep control, and the company also announces strong earnings. (Reuters) China’s GDP reaches a three-year low. (Reuters) Bank of…
Bill Gross’s PIMCO Total Return Fund has $1.4 billion in outflows in December, according to Morningstar. (Reuters) MF Global sold some assets to Goldman Sachs (NYSE: GS) before its collapsed. (Reuters) As…
A CME (NASDAQ: CME) executive says Jon Corzine knew about money that MF Global transferred to European accounts. (Reuters) Accounting problems at Olympus may make it a takeover target. (Reuters) Italian bond yields hit…
S&P may cut its outlook on France’s AAA debt. (Reuters) A judge blocks the $285 million settlement between Citigroup (NYSE: C) and the SEC. (Reuters) Amazon.com (NASDAQ: AMZN) says Kindle sales rose…
China’s GDP growth decelerates to 9.1%. (Reuters) Concern about China growth and the EU disaster push global stocks lower. (Reuters) Federal Reserve officials argue about the future rate of inflation. (Reuters) IBM…
We have many shares moving in the after-hours session this Tuesday evening. Not all are earnings, but keep in mind that this was on the heels of a 400+ point rally in…
MGIC Investment Corporation (NYSE: MTG) is one of the troubled mortgage insurers which we routinely worry about for both viability and relevance. This morning’s earnings report does nothing to ease those fears.…
These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. BP plc (NYSE: BP) Cut to Hold at Societe Generale. CIENA Corporation…
Bank of America Corporation (NYSE: BAC) may have more exposure than the rest of the money center banks due to its acquisition of Countrywide, and the spate of news about disclosure documents…
There are many stocks on the move for day traders and active traders to pick from this Tuesday morning. We are watching the key moves in AgFeed Industries, Inc. (NASDAQ: FEED), Ambac…
