Money is short and times are hard, but the government is paid back and bank investors may find dividend checks in with their holiday cards. The Wall Street Journal broke news late…
Mitsui was billed $1.8 billion from BP plc (NYSE: BP) for clean-up costs. (Reuters) A limited number of holidays and warm weather probably hurt retail sales in October. (Reuters) Canada may approve…
Updated throughout the day. The Federal Reserve will begin modest easing next week (WSJ) Google (NASDAQ: GOOG) is about to purchase a large Manhattan commercial building for $2 billion (NYPost) The CFTC…
Bank stocks will rebound and telecom shares will rise. That is, at least, the prevailing opinion among short sellers as of October 15. Telecom and telecom equipment shares will benefit from an…
Goldman Sachs Group Inc. (NYSE: GS) has an amazing bond offering that is selling today with a caveat. The Goldman Sachs bond issue is $1.3 billion with a 6 1/8% coupon. What…
Bank of America (NYSE: BAC) and Apple Inc. (NASDAQ: AAPL) are a nearly perfect cameo of where the stock market is now, and where it is likely to remain after earnings season.…
Updated throughout the day. Cisco (NASDAQ: CSCO) will unveil an unnamed consumer product. (Reuters) JPMorganChase (NYSE: JPM) will press federal officials about getting back some of the funds it spent to buy…
Reuters: US businesses fear a fight over the yuan will cause a trade disaster. Reuters: The US will test a cyber-blitz response plan. Reuters: JPMorgan Chase (NYSE: JPM) may go to the…
Perhaps the biggest news of the week was that JPMorgan Chase & Co. (NYSE: JPM) was closing down its proprietary trading operations. The ramifications were taken out of context. On the surface,…
Updated throughout the day. Dell (NASDAQ: DELL) will up its bid for 3Par (NYSE: PAR) (various) Morgan Stanley (NYSE: MS) will offer a research application at the Apple Inc (NASDAQ: AAPL) App…
Bank of America (NYSE: BAC) shares have dropped to 52-week low in the last few days. So has Wells Fargo (NYSE: WFC). Morgan Stanley (NYSE: MS) and Citigroup (NYSE: C), and quasi-bank…
If no one wants to borrow money even as long-term interest rates are low and going lower, then it’s hard to see how a bank is going to make money. That, at…
Reuters: Research In Motion will share some BlackBerry code with the Saudis. Reuters: The dollar hit a 15-month low compared to the yen Reuters: India will decide whether to restrict the BlackBerry.…
Most of the analysis about super-brands focuses on companies and products that have been prominent in the last few decades – companies like Apple, Google, Toyota, or Starbucks. According to how many…
Updated throughout the day Research In Motion’s (NASDAQ: RIMM) deal with Saudi Arabia over BlackBerry use is said to undermine use by younger subscribers. (Bloomberg) Whitehaven Coal rose in Sydney trading after…
Douglas A. McIntyre 