Tim Geithner is probably tired of having to come to the rescue of financial firms, which are all some part of the Occupy Wall Street protests. Yet that is what he did…
Steve Jobs, the cofounder of Apple (NASDAQ: AAPL), dead at 56. Microsoft (NASDAQ: MSFT) may make a bid for Yahoo! (Reuters) Sprint-Nextel (NYSE: S) to sell the iPhone with an unlimited data…
Are the Wall Street bankers, traders, and brokers really starting to do the right thing when it comes to controlled greed and compensation? If you ask the poor Wall Street protesters, probably…
Moody’s (NYSE: MCO) cuts Italy’s debt rating. (Reuters) Bernanke says the U.S. economy is close to the flat line. (Reuters) New Apple (NASDAQ: AAPL) iPhone 4S does not impress investors. (Reuters) Boehner…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of AMR Corporation (NASDAQ: AMR), Morgan Stanley (NYSE: MS), UBS (NYSE: UBS),…
AMRSome companies that are rumored to file for Chapter 11 do not. That appears to be the case with Eastman Kodak (NYSE: EK) and AMR (NYSE: AMR), parent of American Airlines. But…
World stock markets hit 15-month lows. (Reuters) Apple (NASDAQ: AAPL) to launch the iPhone 5 as competition grows from Google’s (NASDAQ: GOOG) Android. (Reuters) China warns of a trade war if Congress…
Today’s ratings actions have focused on commercial mortgage backed securities issued by several of the country’s largest banks — Morgan Stanley (NYSE: MS), Wells Fargo & Co. (NYSE: WFC), JPMorgan Chase &…
Europe begins to more aggressively look for problems to its debt crisis as pressure from the rest of the world grows. (Reuters) Amazon.com’s (NASDAQ: AMZN) new tablet PC may be a serious…
Photo by Spencer Platt/Getty ImagesWhether it’s the latest effort by the Federal Reserve to pump some liquidity into the US economy or it’s the IMF’s statement that Europe’s banks need another $440…
“Never apologize. It’s a sign of weakness” — John Wayne as Captain Nathan Brittles in She Wore a Yellow Ribbon (1949) CEOs are rarely in the business of apologizing. They leave the…
Morgan Stanley (NYSE: MS) has just released a “leadership transition” at the company. John Mack, known formerly as ‘Mack the Knife,” is stepping down as Morgan Stanley’s Chairman and is retiring at…
Bank of America (NYSE: BAC) will need a new CEO soon, if the market’s reaction to the current plans of chief executive Brian Moynihan remains poor. Moynihan has said he will cut…
This morning’s report that Citigroup Inc. (NYSE: C) has downgraded its fellow banks’ earnings was based on fears that the European banking system is facing severe pressure from economic weakness on the…
Major banks and brokerage firms do not cover their own banks, for obvious reasons of conflicts of interest. They do, however, cover their peers and rivals. Many investors believe that the banks…
