Citigroup’s $550 Share Price
Citigroup (NYSE: C) reverse split its stock and each stockholder with 10 shares got one. That took the price of Citi to $44. No one was fooled by the action. The big…
Citigroup (NYSE: C) reverse split its stock and each stockholder with 10 shares got one. That took the price of Citi to $44. No one was fooled by the action. The big…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Air Products & Chemicals Inc. (NYSE: APD) Reiterated Buy and $108…
The Fed’s exit from QE2 may involve rate increases (Reuters) Deutsche Bank will restructure its US bank business to avoid regulation (WSJ) Google’s (NASDAQ: GOOG) new CEO will be carefully watched as…
Jon OggThese are the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Abercrombie & Fitch Co. (NYSE: ANF) Started as Overweight at Barclays; Cut to…
It’s time for our daily look at commodity prices and developments that will carry over ahead in commodities. Corn and cattle prices top today’s news and these both have many implications on…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Alexander & Baldwin (NASDAQ: ALEX) Raised to Market Perform at Wells…
Updated throughout the day Carl Icahn may sell Federal-Mogul (Reuters) Morgan Stanley (NYSE: MS) will kill its Smith Barney brand (WSJ) Douglas A. McIntyre
Kuwait says OPEC may increase output (Reuters) Carl Icahn may sell Federal-Mogul (Reuters) China halted high reserve requirements for several banks (Reuters) The euro approached multi-month highs (Reuters) Sharp aims to increase…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Updated throughout the day. China based hackers broke into Morgan Stanley’s (NYSE: MS) network (Bloomberg) The Sustainable Apparel Coalition which is a “green” association of retailers will measure the use of artificial substances…
The Office of the United States Trade Representative occasionally puts out a list of “Internet and physical markets that exemplify key challenges in the global struggle against piracy and counterfeiting.” China’s dominant…
Ben Bernanke may indicate to Congress that the recovery is tentative and that the $600 billion QE2 program is still necessary. (Reuters) Future US auto sales may be undermined by high gas…
E*TRADE Financial Corporation (NASDAQ: ETFC) is getting hit hard today on news that Ken Griffin’s Citadel Investment Group has sold shares in the stock in a registered offering. Don’t be fooled by…
Updated throughout the day DST will put $100 million into online music firm Spotify (TechCrunch) China social network firm Renren will have a US IPO (WSJ) CIC and Blackstone (NYSE: BX) will…
Updated throughout the day. New pension finance treatment could change earnings at AT&T (NYSE: T) and Verizon (NYSE VZ). (Bloomberg) Ally picked Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), JPMorgan (NYSE: JPM),…