Morgan Stanley (NYSE: MS) cuts revenue forecasts for Facebook (NASDAQ: FB) just ahead of its IPO. (Reuters) The U.S. allows China to buy treasuries directly without banker assistance. (Reuters) MF Global paid Jon…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. Avon Products Inc. (NYSE: AVP) Cut to Sell at UBS. Bank of America…
courtesy Facebook Inc.At some point during the past two weeks, Facebook’s (NASDAQ: FB) expert bankers raised the price range of its initial public offering from between $28 and $35 to between $34 and…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Angie’s List, Inc. (NASDAQ: ANGI) Started as Outperform at Raymond James. Bankrate,…
The DJIA is off over 100 points, 136 points, to 12,686. The NASDAQ and S&P 500 are off by similar percentages. The carnage is particularly severe in a few sectors. News that…
The GAO says the government could make $15.1 billion on its AIG (NYSE: AIG) bailout investment. (Reuters) Facebook CEO Mark Zuckerberg begins the company’s IPO road show. (Reuters) Comscore says people spent…
Yahoo.comYahoo! (NASDAQ: YHOO) may have to quickly replace its CEO, Scott Thompson. Corporate governance questions have been raised because he lied about his education. Thompson also has lost some or nearly all of the respect…
When it comes to failures and strategic mistakes at Sprint-Nextel (NYSE: S), the spotlight has focused mainly on CEO Dan Hesse. He has held the reins at the nation’s third largest wireless…
The Wall Street Journal reported a rumor that Bank of America (NYSE: BAC) will cut as many as 2,000 jobs primarily at its investment bank and commercial units. If this happens it…
BP’s (NYSE: BP) profits fell as it continues to struggle with the Deepwater Horizon catastrophe. The incident and subsequent oil spill may cost the UK company as much as $20 billion in settlements with…
BRICs want more of a say in the International Monetary Fund before they make their next contributions. (Reuters) French president Nicolas Sarkozy almost certainly will be voted out of office, raising questions…
Splunk Inc. (NASDAQ: SPLK) was touted as a hot IPO but became a sizzling hot IPO. The company priced 13.5 million shares at $17.00 per share, but this was a premium to the…
Concerns about Spain and Italy renew capital markets’ rejection of area debt. (Reuters) Best Buy (NYSE: BBY) will have to bring in an outsider to change the company’s old philosophy. (Reuters) The…
The total 2011 compensation package for Goldman Sachs Group Inc. (NYSE: GS) CEO Lloyd Blankfein was chopped by $6.7 million to $12.4 million, 35% below his 2010 total pay of $19.1 million.…
This week will be the start of earnings season as we get to start reviewing some key earnings for first quarter of 2012. The banking sector is going to be of particular…
