Continue reading Stocks in the News: Motorola, Goldman Sachs, Tyson Foods

Stocks in the News: Motorola, Goldman Sachs, Tyson Foods originally appeared on DailyFinance on Mon, 10 May 2010 07:47:00.

A rising number of investment pros say Goldman Sachs will push hard to settle the securities fraud case -- with the ouster of Chairman and CEO Lloyd Blankfein thrown into the deal.

Continue reading Inside Wall Street: Why Goldman Would Trade Blankfein for an SEC Settlement

Inside Wall Street: Why Goldman Would Trade Blankfein for an SEC Settlement originally appeared on DailyFinance on Mon, 10 May 2010 07:30:00.

An attempted terrorist bombing in Times Square didn't stop theater curtains rising on Broadway. But the highly anticipated musical Enron -- closed almost instantly, even though it was so successful in London. Apparently, Americans weren't nearly as amused.

Continue reading Enron Flops Again -- This Time on Broadway

Enron Flops Again -- This Time on Broadway originally appeared on DailyFinance on Sun, 09 May 2010 12:30:00.

GE's CEO says that his company will be investing in manufacturing in its leading markets, including the U.S. In an interview, Jeffrey Immelt said that manufacturers need to produce goods where they sell them.

Continue reading GE's Immelt: More Manufacturing Jobs in the U.S.

GE's Immelt: More Manufacturing Jobs in the U.S. originally appeared on DailyFinance on Fri, 07 May 2010 13:00:00.

It's only when clients ask for financial advice that banks owe a fiduciary duty to them -- and these activities contribute just a tiny portion of banks' revenue.

Continue reading Wall Street Acting in Clients' Best Interests? Forget About It

Wall Street Acting in Clients' Best Interests? Forget About It originally appeared on DailyFinance on Fri, 07 May 2010 11:57:00.

In order to enforce net neutrality rules, the FCC is reclassifying Internet service providers into the same regulatory "box" as phone companies. The move gives the FCC the authority to drastically improve broadband competition -- but the FCC has decided it won't use that power.

Continue reading Legal Briefing: Net Neutrality, Yes; Broadband Competition, Not Really

Legal Briefing: Net Neutrality, Yes; Broadband Competition, Not Really originally appeared on DailyFinance on Fri, 07 May 2010 11:49:00.

Four pieces of information reported recently, each with a different level of confirmation, show the extent to which the future of Goldman Sachs may be determined be the mainstream press, and the extent to which "news" about it is often not confirmed by the investment bank, its clients, or federal regulators.

Continue reading Goldman Sachs Rumors: Sifting for Truths About Investment Bank's Future

Goldman Sachs Rumors: Sifting for Truths About Investment Bank's Future originally appeared on DailyFinance on Fri, 07 May 2010 08:54:00.

Continue reading Stocks in the News: Goldman Sachs, AIG, Kraft

Stocks in the News: Goldman Sachs, AIG, Kraft originally appeared on DailyFinance on Fri, 07 May 2010 07:50:00.

The Dow fell dramatically in afternoon trading before bouncing back to a 350 point loss. Traders piled out of equities and into the relative safety of Treasurys and the U.S. dollar. Oil prices plummeted and gold touched $1,200 an ounce.

Continue reading Dow Drops Nearly 1,000 Points Before Paring Loss

Dow Drops Nearly 1,000 Points Before Paring Loss originally appeared on DailyFinance on Thu, 06 May 2010 16:10:00.

Behind the reports of turmoil surrounding Europe's Greek debt crisis, investors may find an unlikely source of relief. Many big private banks are playing a more supportive and decisive role, which could be a big help given the eurozone's political gridlock.

Continue reading Greek Debt Crisis Gives Big Banks a Chance to Be the Heroes

Greek Debt Crisis Gives Big Banks a Chance to Be the Heroes originally appeared on DailyFinance on Wed, 05 May 2010 18:45:00.