Sell-side research isn't inside information
Ted Parmigiani, a research analyst, was fired by Lehman Brothers in 2005, after he upgraded a company called Amkor from Sell to Neutral.
UK 'may never recover' if Greece exits euro
Alexis Tsipras, who is said to hold the future of the euro in his hands, photographed in northern Greece as a student A Greek exit from the single currency threatens to plunge Britain into a second recession equal in ferocity to the record postwar slump of 2008-09, according to the expert responsible for the government's economic forecasting.
Morgan Stanley made big bet on Facebook
Lead Facebook Inc underwriter Morgan Stanley took a bet earlier this week when it increased the size of the social networking firm's $16 billion initial public offering and it boosted the price.
Historic Facebook debut falls flat
The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close.
Dealers Raised CMBS Spreads After Europe-Related Rout
NEW YORK Wall Street dealers raised risk premiums on a pair of commercial mortgage-backed securities to the highest levels for new issues since December, as the market was swept into the European sovereign-debt storm, according to investors familiar with the offerings.Goldman Sachs Group Inc.
Jefferies & Co Raises Southern to Buy
Southern opened at 45.20 on Thursday. Southern has a 1-year low of $35.73 and a 1-year high of $46.69. The company has a market cap of $39.265 billion and a price-to-earnings ratio of 18.26. Southern last released its earnings data on Wednesday, April 25th.
Wall Street Braces For Facebook Debut
A Facebook logo is seen through the windows of the NASDAQ stock exchange as people walk by on Times Square in New York, May 17, 2012.
DA Davidson Upgrades Martin Marietta Materials to "Neutral"
A number of other firms have also recently commented on MLM. Analysts at RBC Capital downgraded shares of Martin Marietta Materials from an "outperform" rating to a "sector perform" rating in a research note to investors on Thursday, May 10th.
As lawsuit looms, Miami's Setai hotel moves forward
May 17--When Guenter Richter walks the grounds of the luxury Setai hotel in Miami Beach, he sees potential everywhere: in the paths that lead to the three pools, in the entrances that could use some sprucing up, in the cozy restaurant used only for private functions.
Newly listed office building sets price record
An office building on West 54th Street is hitting the market at just less than $4,000 per square foot, the most expensive asking price ever for an office property, according to the Wall Street Journal.
Oil rises slightly to above $93 in Asia as traders eye Europe turmoil
Oil prices rose slightly to above US$93 a barrel Thursday in Asia as traders mulled whether concern over Europe's debt crisis justifies extending a sharp two-week sell-off. Benchmark oil for June delivery was up 38 cents to $93.19 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange.