Diversified Capital Markets

In a report published by Morgan Stanley, Adobe Systems (NASDAQ: ADBE) saw Solid Enterprise & Acrobat results, margin upside and strong buybacks all highlighted Q1. Morgan Stanley said that ADBE also prudently de-risked Q2 for Japan, although visibility on Q2 is lower than usual and ADBE will...

According to Bloomberg, Glencore International AG, the largest commodities trader, is almost ready to announce the eight investment banks that will be underwriting its Hong Kong IPO, worth some $10 billion. According to sources close to the situation, Bank of America Corp. (NYSE: BAC), Barclays...

The Federal Reserve is going to release emergency lending-data from the financial crisis after the Supreme Court denied the request from major banks to keep it secret. Barclays (NYSE: BCS) is weighing a bid on Maiden Lane II, as there has been backlash from the public if AIG (NYSE: AIG) were to...

New information related to the Federal Reserve's emergency loans to banks that took place during the financial crisis in 2008 will soon come to light, following a decision on Monday from the U.S. Supreme Court. The Supreme Court decided to uphold a ruling by the federal court of appeals that...

There are multiple reports out saying that UBS AG (NYSE: UBS), Bank of America (NYSE: BAC), Citigroup (NYSE: C), and Barclays (NYSE: BCS) have received subpoenas with regard to setting LIBOR rates between 2006 and 2008, Financial Times reports.

Shares of Deutsche Bank AG (NYSE: DB) are lower on the session by 5.53%, trading at $56.75. Overall put volume is now running at 2.20x the daily average, with 26% of all puts traded being purchases on the offer. 1,107 contracts have traded on the session so far. Deutsche Bank AG is a global...

Shares of Deutsche Bank AG (NYSE: DB) are higher on the session by 0.15%, trading at $62.08. Overall put volume is now running at 2.47x the daily average, with 56% of all puts traded being purchases on the offer. 1,004 contracts have traded on the session so far. Deutsche Bank AG is a global...

Shares of Credit Suisse Group AG (NYSE: CS) are lower on the session by 2.76%, trading at $44.10. Overall put volume is now running at 8.79x the daily average, with 4% of all puts traded being purchases on the offer. 3,922 contracts have traded on the session so far. Credit Suisse Group AG is a...

Blogging for Reuters, Felix Salmon comments, Why states shouldn't adopt defined-contribution pensions: Steven Greenhouse has a long article in today's NYT about an attempt by the states to deal with their “strained” pension funds by moving to defined-contribution pension plans. Here's the lede:...

Shares of CBOE Holdings (NASDAQ: CBOE) have been headed higher ever since the merger announcement from NSYE Euronext (NYSE: NYX) and Deutsche Boerse. Traders that turned bullish on this name early, are sitting on big profits. During Friday's trading session, CBOE shares are up another 5.45% to $29....

Four local ironworkers, all suffering injuries from exposure to hydrofluoric acid (HF) in March 2009, are alleging that Sunoco (NYSE: SUN) and its subcontractors knew the long troubled South Philadelphia Refinery's Unit 433 was an accident waiting to happen and failed to protect them from harm.

According to DealBreaker, UBS (NYSE: UBS) two Australian traders that were involved in a physical altercation this week may receive pink slips for their efforts. The head of UBS's institutional sales desk, George Kanaan, and executive director Mark Fitzgerald were “sent home” after Kanaan "gently...

Time Warner Inc (NYSE: TWX) was upgraded by Benchmark Co from "hold" to "buy." TWX's shares closed at $38.18 on Friday. Time Warner's PEG ratio is 0.93. Cowen upgraded Humana Inc (NYSE: HUM) from "neutral" to "outperform.” HUM's shares closed at $61.44 on Friday. Humana's trailing-twelve-month...

Analysts at Goldman upgrade UBS AG (NYSE: UBS) from “neutral” to “buy.” UBS shares gained 1.12% to close at $19.94 on Friday. More Analyst Ratings here

Allstate Corp. (NYSE: ALL) has added Citigroup (NYSE: C) and Deutsche Bank (NYSE: DB) to its list of banks that misrepresented certain mortgage-backed securities. Allstate already has suits against J.P. Morgan Chase & Co. (NYSE: JPM) and Bank of America Corp.'s (NYSE: BAC) Countrywide Financial...