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Bank of America (NYSE: BAC) Upgrades OpenTable (NASDAQ: OPEN)
Bank of America Corp (NYSE: BAC)’s Merrill Lynch division upgraded shares of OpenTable, Inc. (Nasdaq: OPEN) from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday. The firm boosted its price target from $50.00 to $63.00. OpenTable, Inc. (OpenTable) provides solution that forms an online network connecting reservation-taking restaurants [...]
Citigroup, Inc (NYSE: C) Downgrades UDR Inc (NYSE: UDR) Stock Rating
Citigroup, Inc (NYSE: C) analysts downgraded shares of UDR Inc (NYSE: UDR) to a “hold” rating and lowered its price target on the company from $26.00 to $21.00. UDR, Inc. (UDR) is a self-administered real estate investment trust (REIT) that owns, acquires, renovates, develops and manages apartment communities nationwide. At December 31, 2009, the Company’s [...]
Citigroup, Inc (NYSE: C) Upgrades Home Properties (NYSE: HME) Stock Rating
Citigroup, Inc (NYSE: C) analysts upgraded shares of Home Properties (NYSE: HME) to a “buy” rating. Home Properties, Inc. (Home Properties) is a self-administered and self-managed real estate investment trust (REIT) that owns, operates, acquires, develops and rehabilitates apartment communities. The Company’s properties are regionally focused, primarily in selected Northeast, Mid-Atlantic and Southeast Florida markets [...]
Citigroup, Inc (NYSE: C) Says Barrick Gold is its Top Gold Mining Stock (NYSE: ABX)
Citigroup, Inc (NYSE: C) analysts said that they were impressed after attending a recent investor day at Newmont Mining (NYSE: NEM), however their top pick among gold mining stocks is still Barrick Gold (NYSE: ABX). The analysts at Citigroup reiterated their “hold” rating on shares of Newmont Mining, but said that , “our top pick [...]
Goldman Sachs Group Inc. (NYSE: GS) Adds Arcelor Mittal (NYSE: MT) to Conviction Buy List
Goldman Sachs Group Inc. (NYSE: GS) added shares of Arcelor Mittal (NYSE: MT) to its “European Conviction Buy” list following recent underperformance on concerns of Europe. Goldman’s analysts noted that shares are off 28.6% since mid-April, a much larger decline than the FTSE as a whole. The analysts set a EUR 48.00 price target, representing [...]
Bank of America Corp (NYSE: BAC) Upgrades RTI International Metals (NYSE: RTI)
Bank of America Corp (NYSE: BAC)’s Merrill Lynch division upgraded shares of RTI International Metals (NYSE: RTI) from “Underperform” to “Neutral.” RTI International Metals, Inc. (RTI) is a producer and supplier of titanium mill products, and a manufacturer of fabricated titanium and specialty metal components for the international aerospace, defense, energy, and industrial and consumer [...]
Bank of America (NYSE:BAC), JPMorgan (NYSE:JPM) and Morgan Stanley (NYSE:MS) Hired by Abbott (NYSE:ABT) for $3 Billion Bond Issue
Bank of America (NYSE:BAC), JPMorgan (NYSE:JPM) and Morgan Stanley (NYSE:MS) have been hired, along with Barclays Plc and Deutsche Bank AG, to manage the sale of $3 billion in bonds, which will be the largest corporate bond sale in about a month. In a prospectus filed with the Securities and Exchange Commission, Abbot Laboratories said [...]
American Banking News Twitter Updates for the Week of 2010-05-23
In Tough Stance, Democrat Finds Few Allies – New York Times http://tinyurl.com/2dy9qlw #Econ # Greek leader considers action against US banks – The Associated Press http://tinyurl.com/2bandcy #Econ # Euro Falls to Lowest Since April 2006 on European Debt Crisis – BusinessWeek http://tinyurl.com/27y6ath #Econ # ANZ Bank Completes Acquisition Of RBS Businesses In Singapore – Wall [...]
American Banking News Twitter Updates for the Week of 2010-05-16
FDIC Bank Closures: 2010 Rate Twice Last Year's – eCreditDaily.com http://tinyurl.com/254exym #Econ # Dodd urges SEC to look at high-speed trading – The Associated Press http://tinyurl.com/2dmkzpc #Econ # ECB to finance the Greek banking system – Tehran Times http://tinyurl.com/2a7ej5n #Econ # BOJ Members Said Global Fiscal Deficits Are a Risk – BusinessWeek http://tinyurl.com/2bvxwfl #Econ # [...]
American Banking News Twitter Updates for the Week of 2010-05-09
Does Online Banking Need its Own iPad App? – PC World http://tinyurl.com/39v33ql #Econ # Puerto Rico's Largest Bank Acquires Westernbank – Wall Street Journal http://tinyurl.com/2f752xy #Econ # National Bank Is Pick of Analysts Who Say Greece Won't Default – BusinessWeek http://tinyurl.com/24mmtvz #Econ # ECB Decision Fully Shields Greek Banking System:Papaconstantinou – BusinessWeek http://tinyurl.com/2a8e2yr #Econ # [...]
Fox Business Interviews SmartyPig CEO
Fox Business interviewed SmartyPig CEO Bob Weinschenk, who shared that his company allows people to earn high interest on their savings goals while receiving cash back rewards when they make a purchase. Here’s the video: Watch the latest business video at video.foxbusiness.com
Apple Inc (NASDAQ: AAPL) to Shutdown Online Music Service
Apple Inc (NASDASQ: AAPL) announced that it would be shutting down an online music service that it purchased at the end of May, leading many analysts to believe that the technology company may soon launch an browser-based version of its iTunes music store. Apple purchase online music service Lala at the end of December for [...]
American Banking News Twitter Updates for the Week of 2010-05-02
Obama Rejects Bipartisan Bank Deal – Huffington Post (blog) http://tinyurl.com/37b48bk #Econ # IMF Speeds Up Greece Efforts – Wall Street Journal http://tinyurl.com/28ujpft #Econ # Dodd Accepts Ban on Bank Derivatives Business – ABC News http://tinyurl.com/2fgfav7 #Econ # Rockford Loses More Than A Bank With Amcore's Demise – WIFR http://tinyurl.com/2326lp5 #Econ # IMF's Proposed Bank Taxes [...]
American Banking News Twitter Updates for the Week of 2010-05-02
Obama Rejects Bipartisan Bank Deal – Huffington Post (blog) http://tinyurl.com/37b48bk #Econ # IMF Speeds Up Greece Efforts – Wall Street Journal http://tinyurl.com/28ujpft #Econ # Dodd Accepts Ban on Bank Derivatives Business – ABC News http://tinyurl.com/2fgfav7 #Econ # Rockford Loses More Than A Bank With Amcore's Demise – WIFR http://tinyurl.com/2326lp5 #Econ # IMF's Proposed Bank Taxes [...]
HP to Purchase Palm (NASDAQ: PALM) for $1.2 Billion
PALO ALTO, Calif. & SUNNYVALE, Calif.–(BUSINESS WIRE)–HP (NYSE: HPQ – News) and Palm, Inc. (NASDAQ: PALM – News) today announced that they have entered into a definitive agreement under which HP will purchase Palm, a provider of smartphones powered by the Palm webOS mobile operating system, at a price of $5.70 per share of Palm [...]
Citigroup (NYSE:C), Goldman Sachs (NYSE:GS), JPMorgan (NYSE:JPM), Bank of America (NYSE:BAC) and Morgan Stanley (NYSE:MS) Could Lose $28 Billion after Regulations Enacted
With trading revenue estimated to be over $28 billion, government regulations proposed by the Democrats could cut deeply into this lucrative business, causing banks to not only lose revenue, but continue to maintain high risk in spite of the regulation. In other words, revenue and profits would plummet while risk stayed at its current levels [...]
American Banking News Twitter Updates for the Week of 2010-04-25
Talking points ignore reality of bank bill – Longmont Daily Times-Call http://tinyurl.com/y6zff26 #Econ # Dems to forge ahead on Wall Street reform despite GOP resistance – The Hill (blog) http://tinyurl.com/y5elj8r #Econ # Pursuing Banking Fraud is 'Top Priority': SEC'S Khuzami – CNBC http://tinyurl.com/y69v9dq #Econ # Winners & Losers From the Week That Was – Wall [...]
Bank of America (NYSE: BAC) to Cut Off Countrywide HELOCs
Bank of America Corp (NYSE: BAC) says that because of financial conditions that it has to cut off former Countrywide borrowers’ home equity lines of credit. “This decision was not based on your credit record or your performance in paying your home equity line of credit and will not adversely affect your credit score,” BofA [...]
American Banking News Twitter Updates for the Week of 2010-04-18
Q&A-What's next for Polish c.bank after governor's death? – Reuters http://tinyurl.com/yea9e34 #Econ # Saudi Riyad Bank posts Q1 net jump, below forecasts – Reuters http://tinyurl.com/yeoe95k #Econ # BofA Plans Japan Corporate Banking Push – Wall Street Journal http://tinyurl.com/ycv4jd7 #Econ # Bank on Target Field, but Only So Much – FanHouse http://tinyurl.com/yexgnje #Econ # Bank of [...]
Morgan Stanley New York Quality Municipal Securities Today Declared a Monthly Income Dividend from Tax-Free Income (NYSE:MS)
Morgan Stanley New York Quality Municipal Securities today declared a monthly income dividend of $.06 per share from tax-free income. Morgan Stanley New York Quality Municipal Securities is a closed-end non-diversified management investment company investing primarily in Municipal Obligations the interest on which is exempt from federal, New York State and New York City income [...]
How might I acquire an iPad without having those pesky offers or referrals? I've been recently wanting and looking for ...
Great post but complicated to understand since I am from Faroe islands ;-) 
What would be your top three tips for anyone new to this topic?