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ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire: Societe Generale has received requests for information regarding the Libor manipulation case. (Reuters) Credit Suisse Group A.G. (NYSE:...
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thinkstockA fight has broken out among the CEOs of companies that make tablets, primarily Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG) and Samsung. (Reuters) Apple’s disappointing numbers...
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Credit Suisse (NYSE: CS) is collapsing around the heads of its management. No one could tell that by going to the bank’s USA website. The most prominent message: Under the guidance...
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thinkstockBest Buy Co. Inc. (NYSE: BBY) cuts forecasts. (Reutesr) Spain will increase the rate at which its helps its regional governments. (Reuters) The federal government sues Bank of America Corp....
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Calling U.S. banks a leveraged play on interest rates supported by declining spreads on investment grade debt, Credit Suisse Group (NYSE: CS) today upgraded its view of U.S. banks. The bank’s...
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Yesterday we said that Spain was looking more like Greece due to a Madrid protest that took place outside of parliament against all of the budget cuts and entitlement cuts coming down the pipe. Well,...
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The eurozone bailout approval and the coming announcement (or continued hint) of additional quantitative easing from the FOMC is not adding to the banks at the current time. We saw a “Sell the...
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You might not exactly be seeing a total “sell the news” reaction to Germany’s constitutional court rejection of a challenge to block a permanent eurozone rescue fund. This is great news for...
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The three major US stock indexes opened lower this morning and spent most of the day heading lower still. Economic data was mixed at best today, with the flash PMI number lower than expected in China...
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Jon OggThese are the top analyst calls of upgrades, downgrades, and initiations we have seen from Wall Street research calls this Thursday morning. ADTRAN Inc. (NASDAQ: ADTN) cut to Neutral at...
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While M&A activity might be slower this year than it was last, there is one buyer that has picked up the pace. Actually, a number of buyers from one country: China. And their sights have been...
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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...
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Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) is often considered the greatest investor in modern times. Some of us think that his status should be one of “The greatest...
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Updated throughout the day on the 24/7 Wall St. Wire: Back of America (NYSE: BAC) and Credit Suisse (NYSE: CS) will lay off more workers. (WSJ) Crédit Agricole, HSBC (NYSE: HBC), Deutsche Bank...
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A new consumer agency fines Capital One (NYSE: COF) $210 million for aggressive marketing activity.(Reuters) New IMF policies will examine whether individual national economies might hurt global...
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