Financial stocks were already looking mixed at best early this morning with the largest offering in capital markets history pricing last night for a trade today. But Meredith Whitney, of her own…
Reuters: Abu Dhabi supplied Dubai with $10 billion in bail out funds. Reuters: Cadbury (NYSE:CBY) is optimistic about its fight against Kraft (NYSE:KFT). Reuters: Arcelor Mittal could cut 10,000 jobs. Reuters: “Naked access”…
Updated throughout the day. Updated 2.33 PM EST: Hollywood companies may buy some game publishers including Electronic Arts (NASDAQ:ERTS) and Take-Two (NASDAQ:TTWO) (Barron’s) Updated 9.54 AM EST: Sprint’s (NYSE:S) customer base is…
Reuters: Citigroup (NYSE:C) and the government are in a dispute over TARP re-payments Reuters: Japan release plans for an $81 billion stimulus package. Reuters: Morgan Stanley’s (NYSE:MS) new CEO will shuffle top management.…
The program Bank of America (NYSE:BAC) has announced to repay the TARP funds it received is a modest vindication for its retiring CEO Ken Lewis. He has proved that his firm, which…
Reuters: The dollar may keep rising as investors close out bets on oil and the currency. Reuters: Black Friday deals may not signal a retail comeback. Reuters: Kraft (NYSE:KFT) is weighing a…
A number of large Goldman Sachs (NYSE:GS) shareholders would like to see the firm’s profits in their pockets and not in the bank accounts of the Goldman partners. The Wall Street Journal…
Reuters: The Senate is near its first vote on healthcare. Reuters: Dell (NASDAQ:DELL) is betting on corporate spending for its recovery. Reuters: Time Warner’s (NYSE:TWX) AOL showed that the worst is not…
Large U.S. banks have raised money to improve their capital position this year, in some cases because the government required them to do so. Bank analysts have worried that a wave of…
The most charitable thing that can be said about Vikram Pandit, the CEO of Citigroup (NYSE:C) since December 11. 2007, is that he was in the wrong place at the wrong time. The bank’s…
Reuters: China is the key stop on Obama’s tour of Asia. Reuters: South Korea’s businesses may start to feel more pressure from China competitors.. Reuters: Hewlett-Packard (NYSE:HPQ) bought 3Com (NYSE:COM) for $3.1…
Yesterday, the Federal Reserve reported that 9 out of 10 bank holding companies that were required to raise additional capital to bolster their balance sheets have successfully done so. The Supervisory Capital…
Reuters: Hurricane Ida is heading toward Gulf oil fields. Reuters: Kraft (NYSE:KFT) will make its bid for Cadbury. Reuters: GE (NYSE:GE) and Comcast (NASDAQ:CMCSA) have agreed to an NBCU valuation. Reuters: The…
It has been some time in the making and won’t be the last IPO or divestiture out of Citigroup Inc. (NYSE: C). The company is proceeding to divest its Primerica Inc. via…
Autodesk Inc. (NASDAQ: ADSK) rallied over 5% to a yearly high of $27.26 after the company’s shares were upgraded to “buy” by Kaufman Brothers LP, who set their 12 month price target…
