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These are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Allied Irish Bank Group (NYSE: AIB) Cut to Hold and Target Cut to 1.02...
MarketWatch:   A number of economists now expect Q2 GDP to be below 2%. Reuters:   BP plc’s (NYSE: BP) CEO Tony Hayward is expected to resign. Reuters:   Hayward will leave with $10 million....
Restructuring never ends in many large corporations.  After a week’s worth of reading through dozens of corporate deals in the pipeline and analyzing others which could be close, it seems that...
These are this morning’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Advanced Micro Devices (NYSE: AMD) Started as Underperform at Macquarie; Removed...
Updated throughout the day. Richard Fuld, former CEO of Lehman, feels that the 2,200 page report on the collapse of the firm “vindicates” him  (NYPost) Renaissance Technologies may close two of...
These are this Friday’s top analyst upgrades, downgrades, and initiations seen from Wall Street morning research calls: Abbott Laboratories (NYSE: ABT) Cut to Sell at Citigroup. Aeropostale (NYSE:...
“Go where the money is, and go there often”–Willie Sutton, professional bank robber Hackers can work their way into Google’s (GOOG) mail servers in China and government computers with...
Reuters:   BP (BP) bought Devon for $11 billion to get access to its oil fields. Reuters:  Toyota (TM) give a Senate panel a memo from a union seeking better quality control. Reuters:   S&P...
Greece has decided to raise three billion to five billion euros through a 10-year bond. The country has hired several banks including Barclays (BCS) and HSBC (HBC) to handle the transaction. The...
Markets in Asia fell. The Nikkei was down 1.1% to 10,146. Toyota (TM) moved up over 3%. The Hang Seng was off 1.4% to 20,576. China Unicom (CHU) fell and HSBC (HBC) rose. The Shanghai Composite...
Markets in Asia were mixed. The Nikkei rose .3% to 10,253. Toyota (TM) surged. The Hang Seng fell .1% to 20,877. China Mobile (CHL) fell. HSBC (HBC) rose. The Shanghai Composite was up .8% to 3,097....
Markets in Asia were mixed. The Nikkei rose .5% to 10,222. The Hang Seng was down .8% to 20,899. HSBC (NYSE:HBC) fell sharply. The Shanghai Composite dropped .5% to 3,075. At the open, the FTSE was...
Markets in Asia were higher. The Nikkei rose .5% to 10,172. Toyota (TM) fell. The Hang Seng was up 2.2% to 21,057. HSBC (HBC) moved higher. The Shanghai Composite was up 1.2% to 3,088. At the open,...
Updated throughout the day. HSBC (NYSE:HBC) was involved in a criminal tax evasion case involving a wealthy US investor. (NYT) Shares in Man Group are higher on word that Blackrock (NYSE:BLK) may...
Reuters:   Obama pushed his nuclear initiative and backed a new plant. Reuters:   Oil moved toward $78 on hope of an improved economy. Reuters:   Toyota (NYSE:TM) will cut auto output....