G8 leaders will met and will probably focus on the IMF and upheaval in Africa and the Middle East (Reuters) Hedge fund manager David Einhorn wants Steve Ballmer replaced as CEO of…
Updated throughout the day. JP Morgan (NYSE: JPM), UBS, and Deutsche Bank have been added to the list of financial firms targeted by the NY State Attorney General over mortgage backed securities…
The GM IPO may be the largest in US history (Reuters) Fed officials defended their plan to lower rates (Reuters) Bonds issues by Ireland may have great value in the case of…
These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Abercrombie & Fitch Co. (NYSE: ANF) Started as Equal-weight at Morgan Stanley. Aeropostale, Inc.…
Reuters: American International Group (NYSE: AIG) CEO Benmosche has cancer. (Reuters) Ford Motor (NYSE: F) may post record profits. (Reuters) William Dudley of the New York Fed said the central bank could…
Reuters: Bank of Japan moved rates to zero Reuters: September retail sales were probably up due to promotions. Reuters: Obama said the fiscal situation was untenable. Reuters: Twitter appointed a new CEO.…
Reuters: The American Sociology Review said a group of mortgages aimed at racially segregated neighborhoods helped cause the mortgage crisis. Reuters: Sanofi-Aventis made an $18.5 billion offer for Genzyme (NASDAQ: GENZ). Reuters: …
These are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research notes: Allied Irish Bank plc (NYSE: AIB) Cut To Neutral From Buy By Goldman Sachs…
Nearly every stock and ADR/ADS of European banking stocks are lower so far on Tuesday over concerns over debt levels and downside levels of recent stress tests not factoring in the right…
When historians write the definitive account of the Great Recession in coming decades, one of the major questions they will tackle is why the government decided to allow Lehman Brothers go bankrupt…
Reuters: BP plc (NYSE: BP) has made final plans to plug its well. Reuters: The dollar index fell to a three-month low due to a slowing economy. Reuters: Goldman Sachs Group (NYSE:…
Reuters: UBS (NYSE: UBS) and Deutsche Bank (NYSE: DB) posted good earnings. Reuters: The EU opened antitrust investigations into IBM (NYSE: IBM) Reuters: Ask.com, owned by IACI (NASDAQ: IACI), will use humans…
Reuters: Microsoft Corporation (NASDAQ: MSFT) beat Wall St. expectations but it stock did not move. Reuters: The pay czar will criticize Goldman Sachs Group, Citigroup (NYSE: C), and JPMorgan Chase…
Reuters: Credit rating agencies will not be heavily regulated under the new financial reform bill. Reuters: AT&T (NYSE: T) had privacy problems with its iPhone 4 order system. Reuters: The EU, IMF,…
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…
