Investment Banking & Brokerage

• JP Morgan (NYSE:JPM), Citigroup (NYSE:C), Morgan Stanley (NYSE:MS) Bank of America (NYSE:BAC), Barclays (NYSE:BCS) and Credit Suisse (NYSE:CS) have initiated coverage on General Motors (NYSE:GM)  All the analysts have started their coverage with "buy" or "outperform" ratings, with JP Morgan...

• JP Morgan (NYSE:JPM), Citigroup (NYSE:C), Morgan Stanley (NYSE:MS) Bank of America (NYSE:BAC), Barclays (NYSE:BCS) and Credit Suisse (NYSE:CS) have initiated coverage on General Motors (NYSE:GM)  All the analysts have started their coverage with "buy" or "outperform" ratings, with JP Morgan...

Rodman & Renshaw, LLC, a wholly owned subsidiary of Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM), announced that it acted as the exclusive placement agent to BioSante Pharmaceuticals Inc. (NASDAQ: BPAX) on the Company's $18.0 million registered direct offering.

Many want the bonuses of bankers at Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), Morgan Stanley (NYSE: MS), J.P. Morgan (NYSE: JPM) and Bank of America (NYSE: BAC) disclosed, but is it legal? The hope here is that the stock market would give bankers more incentive to do more for their clients,...

To discourage the employees inherent attitude of taking excessive risk, Goldman Sachs Group Inc. (GS) has devised a new compensation plan. According to a regulatory filing made by the company last week, this incentive plan, which supplements its current compensation programs, will reward the key...

• Boeing (NYSE:BA) is planning to restart test flights of its problem-prone Dreamliner on Thursday, and  revealing the extent of its seventh delivery schedule delay in January • According to this week's issue of Barron's, Cisco (NASDAQ:CSCO) is currently trading at an "unmerited discount." The...

• Boeing (NYSE:BA) is planning to restart test flights of its problem-prone Dreamliner on Thursday, and  revealing the extent of its seventh delivery schedule delay in January • According to this week's issue of Barron's, Cisco (NASDAQ:CSCO) is currently trading at an "unmerited discount." The...

Below are the top large-cap investment brokerage-national stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for CME Group Inc (NASDAQ: CME) for the next year ending December, 2011 is $17.19 per share. CME's trailing-twelve-month operating...

Merriman Holdings, Inc. (Nasdaq: MERR), today announced the appointment of Patrick W. O'Brien to its board of directors. Mr. O'Brien is filling the board seat that's being vacated by Doug Bergeron, who resigned from the board effective December 20. Bergeron will join the Merriman advisory board...

• Rio Tinto (NYSE:RIO) revised its bid amount for Riversdale Mining, offering $3.9 billion, up from $3.5 billion • Bed Bath & Beyond (NASDAQ:BBBY) posted fiscal third quarter profits of $0.74, below the Zacks Consensus Estimate of $0.93, and reported revenues of $2.2 billion, which are again...

• Rio Tinto (NYSE:RIO) revised its bid amount for Riversdale Mining, offering $3.9 billion, up from $3.5 billion • Bed Bath & Beyond (NASDAQ:BBBY) posted fiscal third quarter profits of $0.74, below the Zacks Consensus Estimate of $0.93, and reported revenues of $2.2 billion, which are again...

Investment Technology Group, Inc. (NYSE: ITG) today announced that Judge Shira Scheindlin of the United States District Court for the Southern District of New York issued a 65-page ruling granting in its entirety ITG's motion for summary judgment of non-infringement of U.S. Patent No. 7,136,834,...

Rodman & Renshaw, LLC, a wholly owned subsidiary of Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM), announced that it acted as the exclusive placement agent to CAMAC Energy Inc. (NYSE Amex: CAK) on the Company's $20.0 million registered direct offering. CAMAC Energy Inc., a U.S.-based...