Francesca Holdings Corp. (NASDAQ: FRAN) reported third-quarter 2012 results before markets opened this morning. The fast-fashion retailer of women’s apparel reported adjusted diluted earnings per...
Any Wall St. pundit will tell you that the overprinting of money is a train wreck waiting to happen. The Federal Reserve balance sheet sits at almost three trillion dollars after two rounds of...
Source: thinkstockEver since that day in August when Knight Capital Group Inc. (NYSE: KCG) got slammed with a $460 million loss due to a nasty trading program error, investors have been waiting for...
U.S. equity markets opened higher this morning on a day when most government offices and banks are closed in observance of Veteran’s Day. Asian markets were muddled this morning as reports came out...
The stock market is down Monday, with the Dow Jones Industrial Average down 0.08%, the Nasdaq down 0.02% and the S&P 500 down 0.01%. Today’s winners include two companies getting bought out...
Source: ThinkstockIn one of the odder acquisitions we’ve seen recently, diversified holding company Leucadia National Corp. (NYSE: LUK) today announced that it has agreed on a merger with...
The three major U.S. stock indexes opened lower this morning following mostly weak reports on European PMI (more coverage here). The reading on U.S. PMI was unchanged from last month (more coverage...
Shares of Jefferies Group Inc. (NYSE: JEF) are down in premarket trading this mornings solid earnings report.Jeffries reported third-quarter 2012 earnings per share (EPS) of $0.31 on revenue of $739...
The three major U.S. stock indexes opened mixed this morning, taking until mid-morning to rise above the flat line and stay above it for the rest of the day. The initial response to Bank of Japan’s...
This is not exactly a packed week for earnings like you would see in earnings season, but we still have many key earnings reports.  We have provided previews for the following: Carnival Corporation...
Something seems to be happening at Knight Capital Group, Inc. (NYSE: KCG). Whatever it is, it sure does not seem like a good development. It is not really any longer a secret that Congressional...
Manchester United PLC (NYSE: MANU) is being supported by its underwriters if the volume and pricing is of use.  The formal IPO was 16.6 million shares at $14.00.  We heard the Bloomberg report...
Chesapeake Energy Corp. (NYSE: CHK) sells assets to improve earnings. (Reuters)Standard Chartered may lose its New York banking license over allegations it hid $250 billion in transactions tied to...
Reports were out over the weekend that Knight Capital Group Inc. (NYSE: KCG) was raising some $400 million in bailout and survival capital. The company confirmed this in an SEC filing on Monday...
The three major US stock indexes opened higher this morning as markets treated the Moody’s downgrade of 15 major banks as old news that was already baked into share prices (our coverage here and...