By Robert, on July 15th, 2010%
Image by Getty Images via @daylife
Investors have muted expectations for Google Inc’s second-quarter results, as economic clouds and shifts in the company’s strategy dampened hopes that it will beat Wall Street estimates.
At least three analysts have cut financial estimates for Google in the run up to its second-quarter earnings report due late Thursday.
“There’s no question that . . . → Read More: Investors have muted expectations for Google Inc’s second-quarter results
By Robert, on June 4th, 2010%
Not long ago BP ( BP – news – people ) was something of an oddity on Wall Street: an oil giant whose apparent commitment to lessening the impact of its operations on the environment made it appealing to the growing number of “socially responsible” investors.
What a difference two months make. Since the explosion at the . . . → Read More: Green investors pull out of BP
By Robert, on March 18th, 2010%
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Ruling in favor of Bank of America Corp’s Merrill Lynch unit, Barclays Plc and Morgan Stanley, U.S. District Judge Denise Cote said Theflyonthewall.com engaged in “systematic misappropriation,” essentially getting a “free ride” from its quick publication of upgrades and downgrades that can move stocks higher and lower.
Cote issued a permanent injunction requiring the Summit, . . . → Read More: Judge Denise Cote said Theflyonthewall.com engaged in “systematic misappropriation,”
By Robert, on February 23rd, 2010%
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Wall Street bonuses were up 17 per cent to over $20-billion (U.S.) in 2009, the year taxpayers bailed out the financial sector after its meltdown, New York state Comptroller Thomas DiNapoli said Tuesday.
Total compensation at the largest securities firms grew beyond that figure and profits could surpass what he calls an unprecedented $55-billion last . . . → Read More: Wall Street bonuses way up