Reuters: The Senate will begin to vote on the financial reform bill. Reuters: Regulators are considering an antitrust case against Apple (NASDAQ: AAPL) Reuters: Tensions between Germany and France over the Greek…
How much does it cost to clean up the Lehman Bros. bankruptcy mess? Hundreds of millions of dollars, apparently. The firm that provides the liquidation service for the court, Alvarez & Marsal,…
Reuters: The Chinese president told Obama that the nation will make its own decision on the yuan. Reuters: Growth and cheap phones were key to Q1 industry growth. Reuters: Twitter will start…
Reuters: The costs of the US bailout of the financial industry was $89 billion. Reuters: Goldman Sachs (GS) and AIG (AIG) are unwinding their CDS positions. Reuters: The euro surged on news…
Reuters: Factories in China and India upped production last month. Reuters: Asian stocks hit and 11 month high. Reuters: General Growth filed a plan to exit bankruptcy. Reuters: Reviews praised the Apple…
Reuters: The Nikkei topped 11,000 for the first time since October 2008 Reuters: The White House will announce housing aid for those having difficulty with making their mortgage payments. Reuters: A Fed…
Reuters: The Fed is likely to keep interest rates low for some time. Reuters: China said the yuan in not behind the US trade gap. Reuters: A record number of Chinese are…
Reuters: Toyota (NYSE:TM) will recall the Prius. Reuters: UBS (NYSE:UBS) posted a profit. Reuters: Nissan posted a profit and raised forecasts. Reuters: JAL will maintain its ties with AMR (NYSE:AMR).
Markets in Asia were mixed The Nikkei fell .2% to 9,933. Toyota (NYSE:TM) rose. The Hang Seng was up 1.2% to 19,790. The Shanghai Composite rose .5% to 2,949. At the open…
Updated throughout the day Updated 8.47 AM EST Yelp rejected a $700 million bid from Microsoft (NASDAQ:MSFT). (BusinessWeek) Toyota (NYSE:TM) is preparing Prius recalls in the US and Europe (Reuters) Disney (NYSE:DIS)…
These are this Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Baidu Inc. (NASDAQ: BIDU) Reiterated Buy but target raised to $550 at Goldman Sachs. Canadian Natural…
Updated throughout the day. Updated 1.14 PM EST Leap Wireless (NASDAQ:LEAP) may have hired a banker to put itself on the block (Barron’s) Updated 1.14 PM Oracle (NASDAQ:ORCL) may fire 50% of…
Barclays Capital’s banking research department has been busy going into the new year as it has issued new coverage on many of the European and global banks. Some of the ratings are…
Many, or most, major banks do not have enough capital to comfortably maintain their current ratings. Standard & Poor’s has a report out saying that the banks are underfunded despite capital raised…
Reuters: The Ohio Attorney General is suing a number of Wall St. firms. Reuters: GM will start to repay part of its debt to the US. Reuters: Citigroup (NYSE:C) will sell Bellsystem…
