5:06pm ET
Investing
The 100 Hardest Working Brands In The World
There are a number of ways to rank brand values. One of the most important is the level at which a brand contributes to the market value of a public company. 24/7…
MS Coverage Page 49
8:28am ET
Investing
Today’s Best Market Rumors (10/12/2009) (LAZ)(F)(AAPL)
Updated throughout the day. Updated 1.39 PM EST: Charles G. Ward, III, a senior executive at Lazard (NYSE:LAZ) will be named interim CEO at the company pending the recovery of Bruce Wasserstein. (various)…
4:16pm ET
Banking, finance, and taxes
The New Lehman Trade: Selling the Bankruptcy Claims (BAC, MS, CS)
There have been many ways which companies exit bankruptcy court. Historically, many companies have used tax loss carryforward strategies as well. But selling a claim against assets for recovery in bankruptcy is…
7:53am ET
Investing
Top 10 Analyst Upgrades and Downgrades (ADBE, BRCM, EBAY, GS, LLL, MS, MWW, MOS, RAX, WFC)
These are this Thursday morning’s top 10 Wall Street research calls we have seen in the land of upgrades, downgrades, and initiations: Adobe Systems (NASDAQ: ADBE) Raised to Outperform at RW Baird.…
7:30am ET
Banking, finance, and taxes
Very Mixed Analyst Calls in Financial Stocks (GS, MS, BBT, CMA, FITB, PNC, PRSP, STI, WFC)
We are seeing a very mixed picture among the analyst calls this morning over banks and financial stocks. We are seeing some very positive “BUY” calls and we are also seeing some…
3:59am ET
Media
Media Digest 10/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: GM says most of its cost cutting is done and its sales chief left. Reuters: Spot gold hit a record above $1,050. Reuters: The Senate healthcare bill weighs in at $829…
9:22am ET
Investing
Today’s Best Market Rumors (10/7/2009) (NOK)(AAPL)(JPM)(GE)(WYNN)
Updated throughout the day. Updated 2:44 Dell Inc. (NYSE: DELL) will launch a branded Android smartphone thru AT&T Inc. (NYSE: T) and possibly other carriers next year. Source today is from WSJ,…
4:15am ET
Investing
Short Sellers Flee Tech, Hit Weak Balance Sheets (INTC)(DELL)
Short sellers posted a mixed record on big banks. Short interest in Citigroup (C) plunged by 73% to 177.5 million shares. The short interest in Bank of America (BAC) was down 18% to…
3:55am ET
Media
Media Digest 9/25/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The G20 is taking center stage in the new economic world order. Reuters: Bank losses from large syndicated loans will hit $53 billion this year. Reuters: One Fed governor said the…
4:32pm ET
Banking, finance, and taxes
52-Week High Club
Gap Inc. (NYSE: GPS) hits a yearly high of $22.54. Fellow retailers Polo Ralph Lauren (NYSE: RL), American Eagle Outfitters (NYSE: AEO) and J. Crew Group (NYSE: JCG) also hit yearly highs.…
5:00am ET
Banking, finance, and taxes
AIG (AIG), Never Give A Sucker An Even Break
“We think that the American taxpayer will be fully repaid” under the company’s plan”—Ed Liddy, AIG CEO, May 13, 2009 “At the end of the day, we believe we will be able…
4:18pm ET
Banking, finance, and taxes
Bove Could Care Less About Mack Leaving (MS, GS, JPM)
Dick Bove of Rochdale Securities does not care about John Mack leaving Morgan Stanley (NYSE: MS). In fact. you might think he’s even glad to see some new blood managing the company. …
3:54am ET
Media
Media Digest 9/11/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: International bank regulators are looking at Brazil as a model. Reuters: John Mack will step down at Morgan Stanley’s (MS) CEO. Reuters: The SEC vowed reforms after its report on Madoff revealed mistakes.…
4:17pm ET
Banking, finance, and taxes
Whacking Mack (MS)
It turns out that all the rumors of the resignation or retirement of top dog John Mack turned out to be accurate. Better late than never… Morgan Stanley’s (NYSE: MS) Board of…
Douglas A. McIntyre 8:18am ET
Banking, finance, and taxes
When Banks and Brokers Downgrade Each Other (BAC, MS)
It is usually a wonder when you see bank and brokerage firms analyst upgrades or downgrades on competitors in the bank and brokerage sector… Are they really downgrading themselves? That is the…