thinkstockMorgan Stanley (NYSE: MS) fires a number of bankers, which may be the start of a Wall St. trend. (Reuters) The Consumer Financial Protection Bureau says it will set new rules to keep banks…
Vice President Joe Biden has been given with the task of reaching some form of aggressive gun control after the Newtown massacre. President Obama put him in charge of the effort as this is not…
U.S. equity markets opened higher this morning following a better-than-expected quarterly earnings report from Alcoa Inc. (NYSE: AA). There was not a lot of economic data out today, so corporate earnings had to push…
The stock market is up Wednesday, with the Dow Jones Industrial Average up 0.61%, the Nasdaq up 0.54% and the S&P 500 up 0.46%. Today’s winners include a medical diagnostic developer who reported good…
Frank Golhen, via Wikimedia CommonsWednesday morning is bringing many unusual movers after the start of earnings season. Alcoa Inc. (NYSE: AA) is trading up about 2% after the company beat on revenues but only…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research firms this Wednesday. AFLAC Inc. (NYSE: AFL) started as Hold at Deutsche Bank. Bank of America Corp.…
ThinkstockCheaper iPhones Apple Inc. (NASDAQ: AAPL) may not be risking much if it releases a new, cheaper version of the iPhone, which according to rumors will happen in the third quarter. If the smartphone…
courtesy of NetflixThe Bank of Japan may ease its monetary policy again as the country’s economy slows. (Reuters) The CEO of Apple Inc. (NASDAQ: AAPL) makes his second visit to China in the past…
courtesy J.C. Penney Co. Inc.Why are some companies hated? The answer often depends on who is asking. Corporations can anger their customers, fail their shareholders, and mistreat their employees. 24/7 Wall St. analyzed each…
U.S. equity markets opened lower this morning and remained down throughout the day. The likely reason for the downturn is lowered expectations for corporate earnings which will get off the blocks after markets close…
Jon OggDuring the first part of January investors usually get inundated with predictions from market mavens, 2013 is turning out to be no different. Nuveen’s Bob Doll has issued his ten predictions for 2013.…
The Merrill Lynch research team at Bank of America Corporation (NYSE: BAC) is out with its key RIC report for 2013, which is titled “2013: Back to the Future” for the start of 2013.…
Wikimedia CommonsWhen reviewing the “Conviction” or “Focus” list group of Buy rated stocks at Wall Street firms you are typically getting a look at their “Cream of the crop”. It’s not unusual for big…
ThinkstockFor the week ending January 6th, the Gallup U.S. economic confidence index came in at -21, an improvement of 1 points the previous week’s reading of -22, but down sharply from the average reading…
ThinkstockFor its latest report on global risk, the World Economic Forum surveyed more than 1,000 experts and industry leaders, who concluded that the outlook for the next 10 years is not encouraging. The group…