Investment Banking & Brokerage

Ericsson (NASDAQ: ERIC) has signed a $1 billion deal with China Mobile (NYSE: CHL) to provide a radio access network and technology and an $800 million deal with China Unicom (NYSE: CHU) to provide a faster, third-generation network to consumers. The cabin-crew union of British Airways (OTC: BAIRY...

Lets start with some American economic news.  Reports from the Commerce Department indicate that personal income levels remained unchanged last month, however consumer spending still rose 0.3% inFebruary.  Experts had expected a 0.1% increase in American income.  On the European front, there’s...

Lets start with some American economic news.  Reports from the Commerce Department indicate that personal income levels remained unchanged last month, however consumer spending still rose 0.3% inFebruary.  Experts had expected a 0.1% increase in American income.  On the European front, there’s...

Analysts at Atlantic Equities maintain their "overweight" rating on Goldman Sachs (NYSE: GS). Atlantic Equities expects GS to report healthy Q1 results. “We’d expect solid revenues in credit, mortgages and rates, and client hedging and risk management activities, particularly given the...

In a March 26 interview on Bloomberg Television, former Federal Reserve Chairman Alan Greenspan said that higher yields are the “canary in the mine”. The increases in yields reflect concern over “this huge overhang of federal debt which we have never seen before,” he said. According to a survey of...

• Boeing (NYSE:BA) officials on Sunday said the Dreamliner's load test showed initial results were positive • Apollo Group (NADAQ:APOL) posted better than expected fiscal second quarter earnings of 84 cents a share, ahead of Zacks projections of 81 cents, on inline revenues of $1.07 billion • ...

To start our market update, there’s some good news on the unemployment front in America.  First time jobless claims in the United States dropped by 14,000 last week, to 442,000 total.  The number is above what economists had predicted for the market, as they were expecting the initial unemployment...

To start our market update, there’s some good news on the unemployment front in America.  First time jobless claims in the United States dropped by 14,000 last week, to 442,000 total.  The number is above what economists had predicted for the market, as they were expecting the initial unemployment...

Below are the top mid-cap asset management stocks on the NYSE and the NASDAQ in terms of sales growth estimates for the current quarter. The Blackstone Group (NYSE: BX) is likely to achieve 1,211.2% sales growth in the March quarter. Analysts at Oppenheimer upgraded BX from “perform” to “outperform...

The Wall Street Journal reports that Swiss banking group Credit Suisse (ADR) (NYSE: CS) said on Thursday that it paid its CEO Brady Dougan 19.2 million Swiss francs ($17.9 million) in compensation for 2009. The compensation was paid in cash and stock. This makes Dougan one of the highest paid...

Below are the top mid-cap asset management stocks on the NYSE and the NASDAQ in terms of cash. Principal Financial Group Inc (NYSE: PFG) had $3.49 billion in total cash for the latest quarter. PFG had a total debt of $2.33 billion for the same period. Read more about this company here. Legg Mason...