Updated throughout the day on the 24/7 Wall St. Wire: General Electric Co. (NYSE: GE) has retained Morgan Stanley (NYSE: MS) to review its $2.2 billion investment in Thailand-based Bank of Ayudhya. (Reuters)…
Mark Zuckerberg makes a rare public appearance and expresses disappointment about Facebook Inc. (NASDAQ: FB) shares but says that the company will push forward in mobile. (Reuters) Apple Inc.’s (NASDAQ: AAPL) share…
Morgan Stanley (NYSE: MS) has agreed to buy an additional 14% stake in Morgan Stanley Smith Barney (MSSB) from Citigroup Inc. (NYSE: C) for $1.89 billion. The amount puts the full value…
Poor jobless figures may force the Fed to adopt QE3. (Reuters) BP PLC (NYSE: BP) tries to blame workers on the Deepwater Horizon for the accident that caused a huge oil spill.…
European Central Bank chief Mario Draghi will set his bond-buying plan, which may be one of the most critical moments of the EU crisis. (Reuters) Samsung faces holding customers because Apple Inc.…
Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Tuesday morning. American States Water Co. (NYSE: AWR) cut to Neutral…
A South Korean court awards patent victories to both Apple Inc. (NASDAQ: AAPL) and Samsung in a patent dispute. The judges add that Samsung did not violate key iPhone design property. (Reuters)…
If you think that the higher regulation of banks and financial institutions is immaterial, it is not. Even if the banks need far more regulation than what they had been accustomed to,…
News Corp. (NASDAQ: NWS) takes a $2.85 billion write-down, mostly on its publishing properties, as it prepares to spin them off. (Reuters) Standard Chartered pushes back on allegations about money laundering, portraying…
The outplacement firm of Challenger, Gray & Christmas has released its job-cuts report for July, indicating that July layoffs declined by 2% from June’s layoff count, which had fallen by 45% from…
Eurozone officials set final terms for a bailout of Spain’s banks. (Reuters) Marissa Mayer will receive as much as $70 million to head Yahoo! (NASDAQ: YHOO). (Reuters) Banks hit by the Libor investigation may…
The three major US stock indexes opened higher this morning as investors continue to hope for more central bank stimulation in weakening global economy. These investors are probably right that something will…
U.S. markets are set to open higher, buoyed by somewhat better-than-expected earnings. Late Wednesday, IBM (NYSE: IBM) posted a higher profit and boosted its earnings target for the year. EBay (NASDAQ: EBAY)…
The three major US stock indexes opened modestly lower this morning as there was little news out of Europe and Asian markets closed mixed. Traders were waiting to hear more from Fed…
Thursday will mark yet another important day for this earnings season. The second quarter became more challenging for many companies, as we noted about so many tech warnings weighing on shares last…
