Buzz on a Facebook I.P.O. Grows Louder 27 Jan 2012, 10:59 pm
Zynga Finally Sneaks Above Its IPO Price (ZNGA) 27 Jan 2012, 10:54 pm
DealBook’s Week in Review 27 Jan 2012, 10:52 pm
Citigroup (C) cut 2011 bonuses in its investment banking division by ~30% on average and cut some by as much as 70%, Bloomberg reports, joining Morgan Stanley, Goldman Sachs, Bank of America and other big banks in reining in compensation. 27 Jan 2012, 10:43 pm
Wal-Mart (WMT) is putting its U.S. marketing team under the leadership of its chief merchandising offer, with the goal of improving coordination between the two departments. The change is the latest in a series of restructuring moves from the company, whose efforts to boost U.S. sales in the face of tough competition from higher-end retailers, dollar stores, and online retailers are starting to bear fruit. 27 Jan 2012, 10:41 pm
Weekender 27 Jan 2012, 10:39 pm
U.S. Mortgage Probe Gains 27 Jan 2012, 10:34 pm
Spain’s No. 4 Airline Has Gone Bust 27 Jan 2012, 10:34 pm
Your Next Laptop Could Have Kinect Built In (MSFT) 27 Jan 2012, 10:31 pm
Rambus ([[RMBS]] -10.5%), which fell after providing soft Q1 guidance (revenue of $59M-$64M vs. consensus of $70M) to go with its Q4 beat, falls 2.9% AH after the USPTO discloses it invalidated a patent relevant to lawsuits Rambus filed against [[NVDA]], [[HPQ]], and others. With the two other patents relevant to the suits having been invalidated in September, a 2010 licensing deal with Nvidia could be at risk. (Q4 transcript) 27 Jan 2012, 10:30 pm
The Wealth Debate 27 Jan 2012, 10:30 pm
One-Percenters Want to Buy the Corner Bakery 27 Jan 2012, 10:30 pm
Obama Boosts SBA’s Rank 27 Jan 2012, 10:30 pm
10 Health Care Stocks to Watch 27 Jan 2012, 10:29 pm
The 12 Highest Paid Players In The Super Bowl (Hint: Tom Brady Isn’t #1) 27 Jan 2012, 10:29 pm
Facebook IPO Talks Add Life to Dull Day 27 Jan 2012, 10:28 pm
The Federal Trade Commission sues to block Omnicare’s (OCR) bid to acquire PharMerica (PMC), alleging the deal would lead to higher costs for Medicare patients and taxpayers. PMC -13.2% AH. 27 Jan 2012, 10:26 pm
Growth quickens, but speed bumps ahead 27 Jan 2012, 10:26 pm
Growth quickens, but speed bumps ahead 27 Jan 2012, 10:26 pm
Treasury bond market at a glance 27 Jan 2012, 10:25 pm
HOUSE OF THE DAY: At $65 Million, This Is The NEW Most Expensive Co-Op On The Market In New York City 27 Jan 2012, 10:25 pm
Banks Get Squat As Facebook Commands Super-Low Fees 27 Jan 2012, 10:24 pm
Syria violence kills 37, U.N. Security Council to meet 27 Jan 2012, 10:23 pm
Ford hit by commodity costs, international woes 27 Jan 2012, 10:17 pm
Exclusive: Greek PM Papademos expects debt swap deal in days 27 Jan 2012, 10:16 pm
Even as Greece struggles toward agreement on debt relief with its private-sector creditors, the country still may need vastly more funding than envisioned so far. So when German commentators from the left and right ask essentially the same question – "If the Greeks don’t want to help themselves, why should we?" – the fragile nature of the situation becomes clear. (submitted by David Urban) 27 Jan 2012, 10:15 pm
Next week, we’re going to be interviewing Ford’s (F) CEO Alan Mulally, and we’re asking readers to help us out. Please use this form to submit a question, and we’ll consider including it in the interview. 27 Jan 2012, 10:15 pm
In Facebook IPO, bankers seek prestige over fees 27 Jan 2012, 10:15 pm
Romney puts Gingrich on defensive in Florida debate 27 Jan 2012, 10:15 pm
Drowning In Medical Debt? Filing For Bankruptcy Could Be Your Life Raft 27 Jan 2012, 10:14 pm
Growth quickens, but speed bumps ahead 27 Jan 2012, 10:14 pm
Three Rivers Operating Company files for a $300M IPO. It plans to list on the NYSE under the symbol "TROC." The company is an independent exploration and production company engaged in oil and natural gas exploration, production and development in the Permian Basin of West Texas and Southeast New Mexico. (S-1) 27 Jan 2012, 10:14 pm
HP’s Big Mobile Experiment Is In The Hands Of These Guys (HPQ) 27 Jan 2012, 10:12 pm
SPOTTED: Three Of The Rarest Cars In The World Are Just Chilling In Dubai 27 Jan 2012, 10:12 pm
Mets Owners Ask Judge to Dismiss Madoff Trustee’s Claims 27 Jan 2012, 10:10 pm
PSMH: Update on Iowa Mortgage Professionals, Inc. Acquisition 27 Jan 2012, 10:10 pm
Higher Temperatures in U.S. East May Cut Energy Use by 20% 27 Jan 2012, 10:10 pm
Lehman May Give Creditors $8.1 Billion to $10.7 Billion 27 Jan 2012, 10:10 pm
S&P Plans Update of U.S. Local-Government Bond-Rating Criteria 27 Jan 2012, 10:10 pm
Stocks Drop as GDP Trails Estimates While Treasuries, Euro Gain 27 Jan 2012, 10:08 pm
FCC Seeks Comments on LightSquared’s GPS Declaration Request 27 Jan 2012, 10:08 pm
Citi Joins The Cost-Cutting Ranks By Slashing Bonuses Up To 70% 27 Jan 2012, 10:06 pm
Ryland Declines After Earnings Miss Estimates: Los Angeles Mover 27 Jan 2012, 10:06 pm
CHART OF THE DAY: The Kindle Fire Is The Most Important Android Tablet For App Makers (AMZN, GOOG) 27 Jan 2012, 10:06 pm
LG Display ([[LPL]] +4.3%) closed higher after delivering an encouraging Q4 report. While LG’s $129.3M operating loss was slightly below consensus, revenue of $589M was slightly better. More importantly, LG, which has struggled to cope with weak TV sales, says it sees display panel prices holding steady in Q1, and expects to turn profitable in Q2. iPhone, iPad, and 3D TV panel shipments are expected to give LG a boost. (transcript) 27 Jan 2012, 10:05 pm
180 Reasons NASA Thinks We Should Have A Moon Base 27 Jan 2012, 10:05 pm
Greece Edges Toward Debt Deal 27 Jan 2012, 10:04 pm
Switzerland’s Oldest Bank Is Selling Its Non-US Business After Tax Evasion Charges 27 Jan 2012, 10:04 pm
Further further reading 27 Jan 2012, 10:04 pm
Republic Airways (RJET +0.8%%) says it’s named David Siegel as CEO, president and interim COO of its Frontier Airlines unit as it prepares to dispose of the loss-making business. 27 Jan 2012, 10:02 pm
Psst, The Companies In Your Portfolio Might Be Squandering Your Cash 27 Jan 2012, 10:02 pm
2012 Is Turning Into A Huge Missed Opportunity For The Tea Party 27 Jan 2012, 10:01 pm
Winner takes all… 27 Jan 2012, 10:01 pm
Report: Citigroup Is Cutting 2011 Bonuses By 30% 27 Jan 2012, 9:59 pm
Barclays investors warn on lavish bonuses 27 Jan 2012, 9:58 pm
Congress To Hear From MF Global’s Former Risk Chiefs 27 Jan 2012, 9:58 pm
Eligibility for listings should apply across the board 27 Jan 2012, 9:57 pm
Shares of Altria Group ([[MO]] -1.8%) finished the day in the red despite beating Q4 estimates, as earnings slid 9% Y/Y due to several charges. Bottom line results managed to beat the Street however, on strong volume growth for smokeless products and a modest increase in demand for cigarettes. 27 Jan 2012, 9:57 pm
Zero: That’s the bearish call on U.S. economic growth from Lombard Street’s Charles Dumas, who points out the unexpected element in the weak Q4 GDP growth was that two-thirds of it came from a build-up of inventories. Dumas figures it means inventories are more likely to contribute negatively to Q1 growth than positively. 27 Jan 2012, 9:57 pm
20 Adorable Pictures Of Dogs Wearing Winter Clothes 27 Jan 2012, 9:57 pm
Germany’s New Proposal Is Going To Have The Greeks Fuming 27 Jan 2012, 9:55 pm
People Are A Little Annoyed That This International ‘Far Right’ Ball In Vienna Was Held On Holocaust Remembrence Day 27 Jan 2012, 9:55 pm
Citi Is Closing Its Equity Prop Desk And Most Of The Traders Will Be Out By February (C) 27 Jan 2012, 9:48 pm
Here’s A Look At Callaway Golf’s New Justin Timberlake-Influenced Ad Campaign 27 Jan 2012, 9:48 pm
Chevron, Cisco, Exxon Mobil: Dow Movers 27 Jan 2012, 9:46 pm
A Greek government official tells Reuters his country could strike a debt swap deal with private creditors by Sunday, and adds Greece doesn’t expect the EU to provide additional bailout funds should the latest rescue package prove insufficient. Meanwhile, Germany reportedly wants Greece to surrender control over its budget policy to the EU in exchange for that rescue package being approved. 27 Jan 2012, 9:45 pm
Citigroup to Close Prop Trading Desk 27 Jan 2012, 9:44 pm
5 Stocks Hitting 52-Week Highs: ACAT, KLAC, SYNA, ALGT, HNT 27 Jan 2012, 9:41 pm
Financial Business Review: Morgan Stanley and Goldman Sachs Fight for Facebook Listing 27 Jan 2012, 9:40 pm
Wall Street cuts losses on late buying 27 Jan 2012, 9:39 pm
Wall Street retreats from bull market 27 Jan 2012, 9:39 pm
Though closing below its morning highs, Universal Display ([[PANL]] +2.4%) still managed to outperform on account of top licensee Samsung’s (SSNLF.PK) Q4 report. Samsung claims it saw "rapid growth" in its OLED panel business, and say it expects demand for its smartphone display panels (many of which rely on [[PANL]]’s OLED technology and materials) to remain strong. 27 Jan 2012, 9:35 pm
Regions: Financial Winner 27 Jan 2012, 9:35 pm
Shares of Francesca’s (FRAN) finish the day down 4.3% after the company upsized and priced its follow-on public offering from 9M to 10.4M shares at $23.00 per share. 27 Jan 2012, 9:33 pm
Third Time’s The Charm for Approval of Amylin Diabetes Drug 27 Jan 2012, 9:31 pm
Wells Fargo, PNC are ‘Key’ Bank Stock Picks: Analyst (Update 3) 27 Jan 2012, 9:29 pm
Market Recap: Stocks Slip on GDP Report 27 Jan 2012, 9:28 pm
Rally momentum fades after US GDP data disappoints 27 Jan 2012, 9:28 pm
Biggest Week For Gold In 3 Months 27 Jan 2012, 9:27 pm
Spansion ([[CODE]] +4.6%), already hit hard by the weakness seen in the NOR flash memory market, rallied today after reporting Q4 revenue of $220M (-33% Y/Y) and EPS of -$0.12; the latter missed by a penny, but the former beat by $5.3M. Spansion is guiding for Q1 revenue of $210M-$230M and EPS of $0.01 to $0.07, which compares with Street estimates of $221.8M and -$0.01. (transcript) 27 Jan 2012, 9:26 pm
Shares of newspaper publisher and broadcaster Media General (MEG -22%) were hammered today after the company warned on its conference call that it is "uncomfortable with its ability to remain in compliance" with the terms of its loans. The company is seeking to renegotiate terms with its creditors within two weeks. If a solution can’t be found, the company faces the possibility of bankruptcy. 27 Jan 2012, 9:25 pm
Standard & Poor’s places brokerage houses Jefferies ([[JEF]] -2.4%), Cantor Fitzgerald and GFI Group on negative outlook, citing the soft market environment for investment banking and institutional sales and trading operations. S&P notes JEF is only modestly exposed to Europe, but the risk of contagion could lower underwriting volumes for all three firms. 27 Jan 2012, 9:24 pm
Pepsi CEO May Spend More on Marketing to Challenge Coca-Cola 27 Jan 2012, 9:20 pm
Call for EU to control Greek budget 27 Jan 2012, 9:20 pm
Call for EU to control Greek budget 27 Jan 2012, 9:20 pm
Davos, in the Style of Occupy Wall Street 27 Jan 2012, 9:18 pm
Fitch cuts ratings of five eurozone countries 27 Jan 2012, 9:16 pm
Stocks Finish Mixed After GDP Data Disappoints 27 Jan 2012, 9:16 pm
Thanks, Mitt and Newt: 12 Tax Tips for the Rest of Us 27 Jan 2012, 9:15 pm
Celestica ([[CLS]] +4.1%) finishes the day higher despite a mixed Q4 result that missed the mark on revenue. Investors looked past the shortfall however, to concentrate on 80% Y/Y profit growth as revenue-diversification efforts and a focus on operational effectiveness spurred bottom line performance. 27 Jan 2012, 9:12 pm
Market recap: Stocks closed mixed in choppy, lackluster trading in the wake of a disappointing GDP reading and ongoing eurozone jitters. Nasdaq notched its fourth weekly gain, while the Dow and S&P finished negative for the week. A factor of seasonality could be moving into the markets, as February tends to be a month of consolidation. NYSE gainers led losers five to three. 27 Jan 2012, 9:10 pm
Shares in partners Alkermes (ALKS) and Amylin Pharmaceuticals (AMLN) will resume trading at 4:15 p.m., after a halt this afternoon tied to the FDA’s approval of their Bydureon weekly diabetes treatment. Updated 4:16 p.m.: [[ALKS]] +3.6% AH; [[AMLN]] +14.8% AH. Now for the tough part. 27 Jan 2012, 9:10 pm
Figures on government spending and debt 27 Jan 2012, 9:08 pm
LinkedIn ([[LNKD]] +5.9%), Groupon ([[GRPN]] +2.6%), Baidu ([[BIDU]] +6%), and Weibo owner Sina ([[SINA]] +12.1%) have also received a lift (previously) from Facebook’s reported IPO plans. So has Google ([[GOOG]] +2.1%), perhaps out of a belief that Facebook’s high IPO valuation (rumored financial data suggests a trailing P/E in the 70-90 range) would make the search giant look cheap by comparison. 27 Jan 2012, 9:05 pm
Fitch cuts Italy, Spain, other euro zone ratings 27 Jan 2012, 9:05 pm
At the close: Dow -0.48% to 12673. S&P -0.07% to 1318. Nasdaq +0.40% to 2816. Treasurys: 30-year +0.41%. 10-yr +0.24%. 5-yr +0.06%. Commodities: Crude -0.07% to $99.64. Gold +0.63% to $1737.65. Currencies: Euro +0.89% vs. dollar. Yen -0.99%. Pound -0.28%. 27 Jan 2012, 9:00 pm
Strong fund flows drive US junk bond returns 27 Jan 2012, 9:00 pm
MagnaChip ([[MX]] +8.8%) jumps after announcing earlier that its Korean subsidiary is acquiring Dawin Electronics, a privately held South Korean semiconductor company that designs and manufactures Insulated Gate Bipolar Transistor, Fast Recovery Diode and MOSFET modules. Terms of the deal were not disclosed. 27 Jan 2012, 8:59 pm
Granted, McDonald’s ([[MCD]] -0.4%) is a best-in-class company with a track record of smart investments and a sustainable earnings trajectory, but Bernstein cuts its rating on shares to Market Perform and lowers EPS estimates. MCD faces margin and currency headwinds, the firm says, and “the stock is approaching historical peaks on valuation.” 27 Jan 2012, 8:59 pm
Geithner Says Obama Won’t Ask Him to Remain Past First Term 27 Jan 2012, 8:58 pm
SEC’s Schapiro Said to Face Pushback Over Choosing Next Watchdog 27 Jan 2012, 8:58 pm
Gross Counters Gundlach Pushing U.S. Bank Bonds DoubleLine Shuns 27 Jan 2012, 8:57 pm
F.B.I. Searches Offices of N.Y. Adviser on Chinese Reverse Mergers 27 Jan 2012, 8:56 pm
Juniper, BofA, Ford Motor, Solutia Trade Highly Active Shares Jan 27th 27 Jan 2012, 8:55 pm
Obama Administration Expands Aid For Delinquent Homeowners 27 Jan 2012, 8:54 pm
Fed will do its part to aid U.S. recovery, Dudley says 27 Jan 2012, 8:54 pm
Thanks, Bank of America! 27 Jan 2012, 8:52 pm
Five samples of orange juice from Brazil and six samples from Canada test positive for the fungicide carbendazim, according to FDA test results. The FDA began testing earlier this month after Coca-Cola ([[KO]] -0.8%) found the chemical in orange juice imported from Brazil. Frozen concentrate O.J. for March delivery +4%. 27 Jan 2012, 8:51 pm
Social Media Stocks Rally on Facebook News 27 Jan 2012, 8:50 pm
Romney Spotlight Costs Private-Equity Backers 27 Jan 2012, 8:49 pm
Cisco, Microsoft, Citi, Nokia Lead Heaviest Traded Stocks Jan 27th 27 Jan 2012, 8:48 pm
P&G, Ford Motor, Solutia, Infinity Among Stocks in Trading Spotlight Jan 27th 27 Jan 2012, 8:46 pm
Columbus McKinnon ([[CMCO]] +9.3%) pushes higher after reporting Q3 results that beat estimates on an 11% Y/Y jump in net profit. Sales were higher across all segments, as the company experienced double digit order growth globally, with particular strength in Europe and the U.S. and Latam markets. 27 Jan 2012, 8:45 pm
Cameron and Sarkozy set to resume tussle 27 Jan 2012, 8:43 pm
The Silent Anschluss: Germany Formally Requests That Greece Hand Over Its Fiscal Independence 27 Jan 2012, 8:39 pm
Wal-Mart puts U.S. marketing under merchandising 27 Jan 2012, 8:38 pm
Economic growth for the past 4 years, at a glance 27 Jan 2012, 8:37 pm
Fed Won’t Admit it – But QE3 is Already in Force 27 Jan 2012, 8:34 pm
Spanish Unemployment Rises to 15-Year High of 22.9%: Economy 27 Jan 2012, 8:33 pm
Apple Sits on the Throne of Smartphones 27 Jan 2012, 8:32 pm
A.O. Smith ([[AOS]] +2.6%) gains after its Q4 beats Street estimates. Revenue was flat compared to the prior year, but a 30% jump in sales of water heaters in China and strong residential sales in the U.S. helped shore up its bottom line. 27 Jan 2012, 8:32 pm
Exclusive: Germany wants Greece to relinquish budget controls 27 Jan 2012, 8:30 pm
Leaked: Facebook Revenue and Operating Profit 27 Jan 2012, 8:30 pm
Start-Ups Look for Shortcut From Farm to Table 27 Jan 2012, 8:29 pm
Facebook’s Perfect IPO Timing 27 Jan 2012, 8:29 pm
Oshkosh ([[OSK]] +1.5%) says at least 12 of its 13 board nominees have been elected, defeating an attempt by Carl Icahn to install an alternative slate of company directors. Icahn holds ~10% stakes in Oshkosh and Navistar ([[NAV]] +3.4%) and wants to see the rival truck makers merge (previous). 27 Jan 2012, 8:27 pm
Europe Pushed to Bolster Defences to Lock In Crisis Respite 27 Jan 2012, 8:25 pm
Androids Race to Control the Tablet Market 27 Jan 2012, 8:25 pm
More tidbits on Facebook’s IPO (previous: I, II): Operating profit for 2011 will be reported at $1.5B on operating revenues of $3.8B, according to CNBC. The company has reserved the stock symbol FB, although it’s unclear if it’s the Nasdaq or NYSE that will win the high-stakes war for the listing. 27 Jan 2012, 8:23 pm
Analysis: Banks expect to spend less on bad mortgages 27 Jan 2012, 8:22 pm
Ford’s Fourth Quarter Lower Than Expected 27 Jan 2012, 8:22 pm
Romney Joins Gingrich in Escalating Attacks Following Debate 27 Jan 2012, 8:18 pm
Google Spent $2 Billion in Acquisitions in 2011 27 Jan 2012, 8:16 pm
First Estimate of Fourth Quarter GDP Slightly Below Forecasts 27 Jan 2012, 8:15 pm
Companies taking a hit from pension contributions is a major theme this earnings season. AT&T (T) contributed $1B to its pension plan in Q4 and took a $6.3B charge in 2011 related to re-measuring its pension and post-retirement benefits. Verizon (VZ) reported similar issues. The moves highlight the downside of shifting to accounting for their pension plans on a mark-to-market basis. 27 Jan 2012, 8:15 pm
Gold and Silver Finish Week at New 2012 Highs 27 Jan 2012, 8:14 pm
Connecticut killer sentenced to die for "unimaginable horror" 27 Jan 2012, 8:12 pm
Pixar, Apple, Google, Lucasfilm and Others Will Face Antitrust Suit 27 Jan 2012, 8:08 pm
Iran Lawmakers to Vote on Preemptive Ban of Oil Sales to Europe 27 Jan 2012, 8:02 pm
Prime areas prop up London prices 27 Jan 2012, 8:02 pm
Goodbye, Pink Slime: McDonald’s to Change Burger Recipe 27 Jan 2012, 7:59 pm
Amid Shale M&A Craze, Chevron Isn’t Done Acquiring 27 Jan 2012, 7:58 pm
Eurozone: playing the blame game 27 Jan 2012, 7:55 pm
Solar Execs: China to Double Installations, Alleviate Surplus 27 Jan 2012, 7:55 pm
DAVOS 2012: WoRLD PoNZiNoMiC SuMMiT C0MMeMoRaTiVe FeBRuaRY CaLeNDaR (THe GReaT PoNZiNaMi) 27 Jan 2012, 7:54 pm
Fake Posting Scam on Amazon Revealed 27 Jan 2012, 7:53 pm
Gold Prices End Week 4% Higher (Update 1) 27 Jan 2012, 7:51 pm
Facebook May Be Flinching on Valuation 27 Jan 2012, 7:48 pm
Is High Yield Credit Over-Extended? 27 Jan 2012, 7:47 pm
Cramer: Ford Needs to Rein in the Bulls 27 Jan 2012, 7:47 pm
Why MySpace Flopped and Facebook Won’t 27 Jan 2012, 7:46 pm
Dion’s Friday ETF Winners and Losers 27 Jan 2012, 7:44 pm
Bizarre trade reasoning of the week? 27 Jan 2012, 7:43 pm
