312103 Stories, most recent news story added 1 hour 0 minutes ago
Zacks Analyst Blog Highlights: J. Crew Group Inc., JPMorgan Chase, Fifth Third Bancorp, U.S. Bancorp and Zions Bancorp
Nov. 27 (Bloomberg) -- Carrefour SA, Europe’s biggest retailer, was rated “buy” in new coverage at Citigroup Inc., which said “the market will be surprised by the strength of earnings recovery in 2010.”
Nov. 27 (Bloomberg) -- Fortis, owner of Belgium’s biggest insurer, was rated “outperform” in new coverage at Credit Suisse Group AG, which said the stock was “fundamentally undervalued.”
Nov. 27 (Bloomberg) -- DSG International Plc, the U.K.’s largest consumer-electronics retailer, was cut to “sell” from “neutral” at Goldman Sachs Group Inc., which cited “weak supply chain positioning and a high and fixed cost base.”
Nov. 27 (Bloomberg) -- Home Retail Group Plc, the owner of Argos stores in the U.K., was cut to “sell” from “neutral” at Goldman Sachs Group Inc., which cited “increased competition in all geographies.”
Nov. 27 (Bloomberg) -- Kesa Electricals Plc, Europe’s third- largest electronics retailer, was cut to “sell” from “buy” at Goldman Sachs Group Inc., which said the company “faces significant structural challenges.”
Nov. 26 (Bloomberg) -- Deutsche Bank AG appointed Thomas Mayer as its chief economist and head of research, the company said in an e-mailed statement.
Nov. 27 (Bloomberg) -- Japanese officials are more likely focused on the exchange rate of the yen versus China’s yuan rather than against the dollar, according to Citigroup Inc., citing the fact that China is Japan’s biggest trading partner.
Nov. 27 (Bloomberg) -- China’s real-estate prices will likely continue to gain in the next three to five months on strong liquidity and rising inflationary expectations, according to Deutsche Bank AG in a report.
Nov. 27 (Bloomberg) -- Goldman Sachs Group Inc. estimated Dubai’s attempt to reschedule its debt will have “a manageable impact” on HSBC Holdings Plc and Standard Chartered Plc.
European banks have 13 billion euros' worth of exposure to debt-laden Dubai, Swiss lender Credit Suisse estimated on Thursday after the Gulf state shocked investors by moving to suspend some repayments.
Nov. 27 (Bloomberg) -- Royal Bank of Scotland Group Plc underwrote more loans than any institution to Dubai World, the state company seeking to reschedule debt, while HSBC Holdings Plc has the most at risk in the United Arab Emirates, according to JPMorgan Chase & Co.
You can get a better return off the money you have at a bank. But you have to take some risk to get it.
SEOUL -(Dow Jones)- Samsung Life Insurance Co., South Korea's largest life insurer by market share, said Friday that it has tentatively selected Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch and two other local securities firms to manage its initial public offering.
Nov. 26 (Bloomberg) -- The Federal Reserve is trying to avoid potential conflicts of interest among its regional-bank directors after coming under fire for the former New York Fed chairman’s ties to Goldman Sachs Group Inc.
Nov. 26 (Bloomberg) -- Citigroup Inc., the bank owned 34 percent by the U.S. government, said it didn’t offer Brazil a stake in the company amid the credit crisis.
Open slideshowAFP/File
Open slideshowReuters
Open slideshowReuters
Open slideshowReuters
Open slideshowReuters
Open slideshowReuters
