That is an attention grabbing headline. And Mark Zuckerberg should leave Facebook (NASDAQ: FB). He will not be pushed out, though, like Steve Jobs was at Apple (NASDAQ: AAPL) in 1985 when he…
Two things happened today in the Jamie Dimon hearing in front of Congress over the $2 billion loss (or is it $4 billion yet) for J.P. Morgan Chase & Co. (NYSE: JPM). …
Tiger Woods could win the U.S. Open this weekend and complete the comeback that may move him back into the spot as the world’s number one golfer, a position he held for years. Some…
If Jamie Dimon, CEO of J.P. Morgan Chase & Co. (NYSE: JPM), is really going to be grilled hard in Congressional hearings on Wednesday, then why is it that shares of J.P.…
courtesy Facebook Inc.Calling a bottom is generally speaking a sucker’s game and it can often feel a bit like trying to catch falling swords. That is particularly the case when you have…
Fitch has already warned today that if the United States dos not get a credible fiscal plan after the elections that it would likely downgrade the United States’ sovereign credit rating. Now…
Moody’s has telegraphed a banking sector review for quite some time, and it has actually been ongoing and the ‘bad news’ should be out very soon. We skipped many of the smaller…
The country’s largest financial institutions are having another good day today, despite the announcement by the European Central Bank (ECB) early this morning that it would not be lowering interest rates. Shares…
In a rare bit of good news, the ISM non-manufacturing index came in higher than expected this morning, at 53.7%, up 0.2% from April and the same amount above the consensus estimate.…
James Gorman, the CEO of Morgan Stanley (NYSE: MS), went on the record to say his firm’s behavior was perfect as it led the initial public offering of Facebook (NASDAQ: FB). Morgan…
James Gorman, the CEO of Morgan Stanley (NYSE: MS), went on the record to say his firm’s behavior was perfects as it lead the IPO of Facebook (NASDAQ: FB). Morgan Stanley followed…
Spain’s bond yields are no longer sustainable. Its government sold 10-year notes at 6.652%, up 19 basis points from the last auction. The deep financial troubles of its banks, a double-dip recession…
Facebook (NASDAQ: FB) shares fell another 10% to under $29 and are off almost a quarter from their IPO price. That IPO is surrounded by scandal which ranges from glitches in the…
Four market markers involved in the Facebook (NASDAQ: FB) IPO lose $100 million combined. (Reuters) EU concerns push the euro to close to a two-year low. (Reuters) Goldman Sachs (NYSE: GS) will…
Oil has hit an extraordinarily low price, below $90 a barrel for WTI crude. That is the lowest level since October. It shows no inclination to spike back up. PMI data from Europe and China actually…
