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 Reuters: Halliburton (NYSE: HAL) has objected to giving the government advanced notice of its dealings with oil companies on major projects. Reuters: Google Inc. (NASDAQ: GOOG) will take on Facebook with a…
Updated throughout the year. Blackstone may buy some of Morgan Stanley’s (NYSE: MS) Japanese interests. The pay czar will release compensation details of some Wall St. managers who received huge pay packages…
Douglas A. McIntyre Updated throughout the day. BP plc’s CEO Tony Hayward will step down, or not (Times of London, Reuters) AIG (NYSE: AIG) picked Morgan Stanley (NYSE: MS) and Goldman Sachs Group (NYSE: GS)…
WSJ: Nokia (NYSE: NOK) will begin the search for a new CEO. Reuters: BP plc (NYSE: BP) will continue its work on the leaking well and said seepage had nothing to do…
Reuters: The financial reform bill should pass within days. Reuters: Intel (NYSE: INTC) posted stronger than expected earnings. Reuters: Toyota Motor (NYSE: TM) blamed driver error for some problems with recalled cars.…
These are some of this Tuesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street firms: Aetna Inc. (NYSE: AET) Started as Hold at Citigroup. ATP Oil & Gas…
Meredith Whitney called the first banking and financial implosion right. Then came the year-plus of a huge exponential rally where she stayed mostly very cautious in the sector for banks and large…
After weeks of downgrades following charges of civil fraud, Goldman Sachs Group Inc. (NYSE:GS) got some good news this morning. Analysts at fellow banker JP Morgan Chase & Co. (NYSE:JPM) raised Goldman’s…
GM’s IPO may come as early as next month after a long period of media speculation about the event and comments from the car company’s CEO Ed Whitacre, according to several media…
Updated throughout the day. Robert Benmosche, CEO of American International Group (NYSE: AIG) threatened to resign, again. (Bloomberg) Morgan Stanley Group (NYSE: MS) will hire 100 new private bankers (NY Times) Douglas…
GM is likely to go public within the next three quarters, particularly if the economy avoids a double dip recession. The rumor is that JPMorgan Chase (NYSE: JPM) and Morgan Stanley (NYSE:…
Updated throughout the day. CBS (NYSE: CBS) and Disney’s (NYSE: DIS) ABC may be sold (NYPost). Barclay’s (NYSE: BCS) Private Equity may be spun out. (Reuters) John Hyman, formerly of Morgan Stanly…
Reuters: China avoided a commitment on the yuan’s value during talks with the US. Reuters: A Senate committee will look at the UAL (NASDAQ: UAUA) merger with Continental (NYSE: CAL). Reuters: Geithner…
Update throughout the day. The head of global markets for UBS in Asia is leaving. IFR “Citigroup sold a series of mortgage-linked securities without disclosing that Morgan Stanley helped shape them while…
