We are entering the closing stretch of 2013, and Wall St. is starting to make its adjustments for 2013 S&P 500 price targets. As 2013 gets closer we will make adjustments to…
European Central Bank President Mario Draghi says Europe may have a second-half recovery. (Reuters) Germany’s parliament will approve participation in the Greek bailout. (Reuters) Apple Inc.’s (NASDAQ: AAPL) iPhone 5 is approved…
ThinkstockWhen Vikram Pandit abruptly left Citigroup Inc. (NYSE: C) last month, the story was that it was his decision to do so. Maybe, but Pandit’s missteps over the years did not leave…
The Greek parliament passes austerity measures despite active street protests. (Reuters) Angela Merkel suggests major changes to the eurozone to occur within the next three years. (Reuters) Siemens A.G. (NYSE: SI) plans…
ThinkstockElection Day has come and gone. President Obama won a second term. The current electoral vote was by a margin of about 3 to 2 (unofficial), but the percentage last seen was…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseThe Financial Stability Board released its evaluation of G-SIBs. Another way to put that is a review of the financial health of “systemically…
The three major U.S. stock indexes opened lower this morning and really never got on track the entire day. The lower opening was likely a reaction to China’s weakest quarterly GDP growth…
Internet security firm Palo Alto Networks Inc. (NYSE: PANW) this morning priced a secondary offering of 4.8 million shares at $63 a share, about 4% below last night’s closing price of $65.50.…
Morgan Stanley (NYSE: MS) is hardly moving after its third-quarter earnings report, but that may be because traders and investors have seen earnings from so many of its peers and rivals now.…
Jon C. Ogg The three major U.S. stock indexes opened lower this morning, and never really got untracked all day. Spanish 10-year bond yields fell 28 basis points to around 5.51%, while Spain again demurred…
In the long history of poor management decisions made at major American companies, only a few proved to be fatal. It is hard to ruin a company with a single decision. That…
Crop-nutrient maker Yongye International Inc. (NASDAQ: YONG) has announced that a consortium led by the company’s chairman and CEO has made a preliminary, nonbinding offer of $6.60 a share in cash to…
Paul Ausick The European Central Bank bailout pledge helps companies in the region to borrow inexpensively. (Reuters) Samsung makes a profit of $7.3 billion but says the next quarter will be weaker. (Reuters) The…
Updated throughout the day on the 24/7 Wall St. Wire: Qatar Airways will join the oneworld alliance of airlines, which allows members to share codes and traffic. British Air and American are…
Douglas A. McIntyre A court will allow Samsung to sell its Galaxy Tab 10.1 in the U.S. despite efforts by Apple Inc. (NASDAQ: AAPL) to block it. (Reuters) Germany wants Spain to delay a request…
