The US equity markets opened slightly higher this morning, but soon turned around and spent the rest of the morning lower before returning to about even by afternoon. Equities could close at…
Goldman Sachs Group Inc. (NYSE: GS) has purchased $6.2 billion (face value) worth of American International Group Inc. (NYSE: AIG) subprime mortgage bonds from the New York Federal Reserve Bank. The bonds…
Germany’s largest bank, Deutsche Bank AG (NYSE: DB) has followed the lead of Morgan Stanley (NYSE: MS), Credit Suisse Group AG (NYSE: CS), and Citigroup Inc. (NYSE: C) in announcing a cap…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. Annaly Capital Management Inc. (NYSE: NLY) Cut to Market Perform…
Five big banks have been invited by the Federal Reserve Bank of New York to bid on a stack of subprime paper with an unpaid prinicipal balance of $6 billion that was…
Glencore and Xtrata agree to a $90 billion merger. (Reuters) Greek leaders face a deal for settling sovereign debt matters as workers strike. (Reuters) Toyota (NYSE: TM) posts good third-quarter profits and…
The 24,000 employees of Barclays plc (NYSE: BCS) can look forward to an announcement next week that they will be getting a cut of 25%-30% in the compensation this year. That’s not…
Facebook, Inc. has now filed its paperwork with the SEC which will allow the social networking giant to conduct an initial public offering. It should be no real surprise that financial terms…
Everyone is awaiting an S-1 Filing from Facebook. It is the talk of the entire financial community and it is going to be one of the most anticipated IPOs ever rather than…
Facebook will launch an IPO to raise $5 billion. (Reuters) Amazon.com (NASDAQ: AMZN) says costs may drive it to a loss this quarter. (Reuters) Sony (NASDAQ: SNE) appoints Kazuo Hirai as CEO.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning. Advanced Auto Parts Inc. (NYSE: AAP) Raised to Buy…
Goldman Sachs Group Inc. (NYSE: GS) has come out with a set of upgrades in the bank and brokerage sector this morning. These are the sort of calls that when a firm…
Jon OggThis last week brought many new analyst calls in key stocks. At the end of each week we review research calls looking for the best gems, the calls that made serious…
Social media company Facebook could file for an IPO as early as next week according to a report in The Wall Street Journal. The company has nearly settled on Morgan Stanely (NYSE:…
Paul Ausick Facebook is now rumored to be filing its IPO paperwork as soon as next week. The ‘rumor’ is coming out of a report from the Wall Street Journal that Morgan Stanley (NYSE:…
