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Bank of America (NYSE: BAC) will need a new CEO soon, if the market’s reaction to the current plans of chief executive Brian Moynihan remains poor. Moynihan has said he will cut 30,000 jobs and...
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News (and more rumors) out of Europe and a Morgan Stanley downgrade of global growth are acting to attack the markets this morning. Back on the rack… We have many movers and shakers this morning...
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Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and credit of the United States, dismal GDP data, and ongoing weak...
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This is the Twitter-24/7 Wall St. market report for July 28, 2011. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
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Credit Suisse (NYSE: CS) cut 2,000 jobs as the bank’s results faltered (Reuters) Investors tried to move to safe investments as a default became more likely (Reuters) A new Boehner plan will reduce...
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The U.S. is about to get another electronic exchange listed as a public stock. BATS Global Markets, Inc. wants to come public and has just filed for an initial public offering. The exchange will...
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These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Alcatel-Lucent (NYSE: ALU) Maintained Underperform at Credit...
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It’s time for our daily look at commodity prices and developments that will carry over ahead in commodities. Corn and cattle prices top today’s news and these both have many implications on the...
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The US government has broadened it probe of insider trading. (Reuters) The euro will not last more than a few years, according to Jim Rogers. (Reuters) Fannie Mae and Freddie Mac are in discussions...
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Reuters: Geithner said the major currencies are “in alignment” but need negotiations to make sure their status remains that way. Reuters: Toyota (NYSE: TM) will fix 1.52 million Avalons....
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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...
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Reuters: Japan intervened to cap the yen for the first time in six years. Reuters: Business sentiment in Asia slipped for the third quarter period. Reuters: Gold remained near a record...
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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 risks in the...
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Reuters: BP plc’s (NYSE: BP) new CEO called the spill a “wake up call” for the oil industry. Reuters: The IMF backed down on its comments about the yuan’s value. Reuters: Google...
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Updated throughout the day. The NY Attorney General is probing the relationship between eight banks and ratings agencies. The financial firms include Goldman Sachs, Morgan Stanley, UBS, Citigroup,...
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