Media Digest (6/10/2011) Reuters, WSJ, NYT, FT, Bloomberg
Hilary Clinton may become the head of the World Bank. (Reuters) Toyota (NYSE: TM) said it expects profits to fall by 35% due to the effects of the earthquake. (Reuters) PIMCO’s Bill…
Hilary Clinton may become the head of the World Bank. (Reuters) Toyota (NYSE: TM) said it expects profits to fall by 35% due to the effects of the earthquake. (Reuters) PIMCO’s Bill…
Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS) have suggested that their clients buy oil futures now. Between them, they believe Brent crude prices will settle between $120 and $130 this…
The U.S. is about to get another electronic exchange listed as a public stock. BATS Global Markets, Inc. wants to come public and has just filed for an initial public offering. The…
GS.COMGoldman Sachs Group (NYSE: GS) may be the most hated large financial firm in the world. That does not seem to have hurt its business prospects. It may even help them. Companies…
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…