Investment Bankers at Barclays to Get Pay Cut (BCS, C, MS, CS, DB)
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…
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:…
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:…
Bank of America Corp. (NYSE: BAC) is reducing the amount of cash it pays out in bonuses to employees. According to Bloomberg News, employees are being told of the new bonus structure…
First it was news that Morgan Stanley (NYSE: MS) and Bank of America Corporation (NYSE: BAC) were cutting investment banker pay ahead. Now comes more of the same from Credit Suisse Group…
Morgan Stanley (NYSE: MS) chairman and CEO James Gorman has told the bank’s employees that the world has changed and that they had better get used to the idea. Morgan Stanley plans…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. DaVita, Inc. (NYSE: DVA) Raised to Outperform as Bull…
Apple (NASDAQ: AAPL) has another blow-out quarter driven by iPhone sales. (Reuters) Japan has its first trade deficit since 1980. (Reuters) Yahoo! (NASDAQ: YHOO) posts weak earnings on a revenue drop. (Reuters)…
Stocks opened higher this morning and have mostly remained in positive territory throughout the day. Reports that China was considering lowering its banks’ capital reserve requirements boosted both Asian and European markets…