Search Results for: LEE
Updated throughout the day.Several senior Goldman Sachs Group (NYSE: GS) traders will leave to start a hedge fund (FT)The insider trading probe by the federal government is likely to cause more...
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Updated throughout the day.Nokia (NYSE: NOK) may begin it use Microsoft (NASDAQ: MSFT) Windows 7 Mobil in its smartphones (various)Ernst & Young will be sued by federal authorities for civil fraud in...
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There has been a solid recovery in newspaper and media plays in recent weeks, for some obvious merger reasons. But the continuously deteriorating fundamentals in the sector lend a credence that...
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Updated throughout the day.Bank of America (NYSE: BAC) may pay a larger portion of its bonuses in cash (WSJ)Hedge fund manager John Paulson made $4 billion last year (WSJ)Sara Lee (NYSE: SLE) will...
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Markets opened higher this morning and by late-morning equities were trading down about 1.5% across the board, where they have mostly remained for the rest of the day. An upbeat auction on short-term...
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All three major equity indexes opened lower this morning and while all have tracked back to last night’s close, only the Nasdaq Composite has managed to wobble to a small gain for the day. The...
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The three major US stock indexes opened higher this morning despite the refusal of the European Central Bank to lower its interest rates (our story here) and a lower-than-expected rise in US labor...
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Short sellers believe that they have seen the bottom for financial shares and exited the industry en masse.Shares sold short in Merrill Lynch (MER) fell 12.6 million to 42.3 million. Short interest...
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Whatever sympathy there might have been for Lehman (LEH) is quickly slipping away. The calls for the federal government to stay out of the matter and let the investment firm fail on its own are...
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Charles Schwab offers an expert-tailored list of exchange-traded funds (ETFs) known for diversification and competitive fees.What are ETFs?An ETF is a diversified and professionally managed portfolio...
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BlackRock's new approach seems to be more of a market share gain without so much of a care for what asset class investors go into.
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Homebuilder KB Home (NYSE: KBH) posted a surprise EPS gain of $0.23 for its fourth quarter of 2010 ended in November. Analysts had expected an EPS loss of -$0.17. The company’s revenue fell by -33%...
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“Toyota Lied” is a good headline and catchy enough to get a reader to look further into a story. In this case catchy is not where it ends.According to The Wall Street Journal, “A U.S. House...
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These are this Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research notes this morning: Apartment Investment & Management Co. (NYSE: AIV) Raised to...
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24/7 Wall St. has been conducting reviews looking for value stocks now that the market has softened. Looking solely for “cheap stocks” on book value is very incomplete, so we have taken...
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