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Asian markets rise on stronger US housing starts

Asian stock markets were mostly higher Wednesday after a jump in U.S. housing starts suggested the world's biggest economy is picking up speed. Complete Story...

Walgreen 1Q profit rises 20 percent on drug sales

Concerned customers got more than 5 million flu shots at Walgreen Co. stores in the fall, helping the company boost its quarterly profit by 20 percent.

Santa Claus rally could still show up this year

Skeptical kids can doubt whether Santa Claus exists. But for stock-market statisticians, there's not much debate: The year-end lift known as the Santa Claus rally is no myth.

Carnival 4Q profit on weak pricing

Ongoing deep discounts on cruises and slower bookings by cash-strapped travelers combined to drag down Carnival Corp.'s fourth-quarter profit by 48 percent, the cruise line said Friday.

Darden Restaurants 2Q profit up, but narrows view

Darden Restaurants Inc., operator of Red Lobster and Olive Garden restaurants, said Thursday its second-quarter profit edged up 1 percent to beat Wall Street expectations as lower taxes and interest payments offset a slight decline in sales.

Beckman Coulter sees 2010 profit below estimates

Beckman Coulter Inc. on Thursday forecast a sharp increase in 2010 profit but the outlook still fell below Wall Street expectations.

Stocks rise for 3rd day after jump in home sales

Stocks pushed higher for a third straight day after a surprisingly strong report on housing provided the latest evidence that the economy is picking up speed.

Herbalife reaffirms 2009, 2010 profit outlooks

Herbalife Ltd., seller of weight-management and nutrition products, on Wednesday affirmed its 2009 and 2010 profit outlooks, which both remain below Wall Street consensus expectations.

Danaher boosts 4Q, full-year guidance

Medical and industrial equipment maker Danaher Corp. on Wednesday raised its fourth-quarter and full-year adjusted profit guidance above Wall Street estimates and issued a positive outlook for its financial performance in 2010.

Bonds for new Nets arena sell well

A developer's plan to move the New Jersey Nets to Brooklyn has gotten a boost from Wall Street.

Great Recession spawns biz buzzwords

In 2009, major carmakers didn’t just fall apart at the seams, they entered .

Papa John's gives 2010 profit outlook

Pizza seller Papa John's International Inc. said Monday it expects to earn $1.70 to $1.90 per share for its fiscal 2010, while Wall Street analysts on average forecast profit of $1.74 per share.

Fitch keeps New Hampshire's bond rating unchanged

A Wall Street firm has kept New Hampshire's bond rating at AA with a stable outlook as the state prepares to borrow $125 million for capital projects.

German data gives European markets a boost

European stock markets rose Friday after encouraging German economic data and Wall Street futures pushed higher ahead of what could be a volatile session as traders close out positions ahead of the Christmas and New Year holidays.

Questions, answers on Wall Street regulation bill

The House passed legislation Friday governing Wall Street, the biggest overhaul of laws covering banks and other financial institutions since the New Deal. Senate action is expected early next year.

Oxford Industries jumps after improved outlook

Shares of Oxford Industries Inc., an owner and licenser of clothing brands, jumped Thursday after the company issued a 2009 profit outlook that topped Wall Street expectations.

Goldman Sachs execs won't get 2009 cash bonus

Goldman Sachs Group Inc.'s top executives will not receive cash bonuses this year, as the Wall Street giant bows to sharp criticism over its pay practices.

Eli Lilly predicts earnings growth, touts pipeline

Eli Lilly & Co. said Thursday earnings per share could grow more than 10 percent next year, but the drugmaker's stock dropped as its 2009 forecast fell short of Wall Street expectations.

Ahead of the Bell: Budget and Trade Deficits

Wall Street economists expect the federal budget deficit for November grew compared with the same month last year, while the October trade imbalance rose from September.

Cubic profit up 54 percent, sales beat estimates

Cubic Corp., which makes fare-collection systems for public transportation and simulators for the military, reported a 54 percent jump in fiscal fourth-quarter profit but fell short of Wall Street expectations.

Stocks stall as Fed prepares to remove aid

The stock market stalled after an early advance Wednesday as the Federal Reserve reminded investors that it would start to wean the economy from an array of emergency supports next year.

Major makeover of Wall Street rules passes House

The House passed the most ambitious restructuring of federal financial regulations since the New Deal on Friday, aiming to head off any replay of last year's Wall Street failures that plunged the nation deep into recession.

Feds target rating agencies' role in meltdown

Enforcement officials from the Securities and Exchange Commission and Justice Department said Wednesday that their staffs are targeting the role of Wall Street rating agencies in the financial meltdown.

House votes to extend $31B in expiring tax breaks

The House voted Wednesday to extend $31 billion in popular tax breaks, including an income tax deduction for sales and property taxes, to be financed with a tax increase on investment fund managers and a crackdown on international tax cheats.

MedAssets 2010 profit forecast misses estimates

Hospital software company MedAssets Inc. on Wednesday forecast a profit in 2010 that was beneath Wall Street expectations, although its revenue forecast was on par with estimates.

The Vine
Business model for the end of America
Source: Global Research

How do you destroy a country? Allow the Corporations and Wall Street to take over everything.

Hedge Fund Founder's Ex-Wife Files Suit Accusing Him of Insider Trading
Source: finance.yahoo.com

The ex-wife of Wall Street magnate Steven Cohen, founder of the $13 billion hedge fund SAC Capital Advisors, has filed a civil racketeering suit against Cohen in which she accuses him of committing insider trading violations.

Financial sector: Narrow banking alone is not the answer
Source: FT.com

"Too big to fail is too big to exist!" Everyone agrees. But I have yet to see much thoughtful debate -- in the US -- on what to do about it. The Brits aren't waiting for us...

The SEC Is Looking Into Securities Lending Business
Source: http://www.businessinsider.com/

The issue is shorting stocks which is a despicable, dishonest strategy. People do not understand how it ruins businesses, economies and peoples lives. Here are some other links

More Easy Money For Wall Street
Source: The Nation

The sales pitch for financial-reform legislation pending in the House claims it would put an stop to "too big to fail" bailouts for the leading banks. The reality is the opposite.

Five AIG Execs May Quit over Pay: Report - CNBC
Source: CNBC Top News and Analysis

just one phrase comes to mind when reading this: "Cry me a river"!

Five AIG execs say may quit over pay: report | Reuters
Source: Reuters

It continues to amaze me of how arrogant these executives can be. Millions of people are unemployed or under employed and these selfish jerks complain about not being paid more money when they are already paid 50 times or more of what the average american is making.

Investing Strategies for 2010: Gold

We have seen all too often where the financial markets collapse and rise in dramatic fashions. The problem for most investors over the past few years is that they did not know when to get out of the market, and conversely, did not know when to get back in.

'Steve Jobs Syndrome': What Happens if Dimon Leaves J.P. Morgan? - Deal Journal - WSJ
Source: Wall Street Journal

No CEO's profile has risen as high or as quickly as Dimon's during the crisis. Along the way, Dimon has earned such plaudits as "America's most important banker," "the government's banker of choice," and "Wall Street's sole remaining hero."

TARP Payback: Which Bank Is Next? - Deal Journal - WSJ
Source: Wall Street Journal

Investors aren't dwelling too long on the good news about Bank of America paying back its Troubled Asset Relief Program earlier than expected. Now they're asking when the rest of the big banks are going to pay their TARP funds back.

Trading tax? Do small traders want to pay .5% of their capital in Taxes
Source: TheStreet.com

Again, big corporations are bailed out and mainstreet takes the hit. Small traders will not be able to trade anymore with these taxes. What is the government doing?

Barron's Fears Commodity Bubble
Source:

11/25/09 at 9:47am by Ed Liston A rush of professional and institutional investors followed by investors betting on signs of an economic rebound has pushed the prices of crops to astronomical levels.

Time is up for short-term thinking in capitalism - by Al Gore and David Blood
Source: FT.com

Why do investors and business leaders continue to focus on the short-term and ignore the fact that businesses that think long-term end up more competitive and profitable? Behavioural economists believe they have the answer: our brains are hard-wired to think short-term because ev …

Wall Street run amok? Blame Harvard
Source: MSN

How did this schism come about? Just where did Wall Street go wrong? It's popular to blame misaligned incentives, lack of regulation or just plain greed. Those would be conveniently simple explanations. We could just fix incentives, regulate more and prosecute the guilty.

14 More Charged in Wall Street Insider Trading Probe; They are dropping like flies, finally!
Source: Yahoo! News

NEW YORK (AFP) – Law enforcement officials in New York announced charges against 14 people in a widening probe into the largest ever alleged hedge-fund insider trading scheme on Wall Street.

American's Revolt against the Corporate Status Quo; They Save!

Did your life savings disappear in a blink of an eye? Tired of Wall Street bail-outs? Tired of credit card company and bank fees? Has your interest rate doubled for the only reason that banks need to make money off your back? Are you tired of your elected representatives being le …

Some Wall St. Bonuses May Hit Pre-Crisis Highs - DealBook Blog - NYTimes.com
Source: The New York Times

Now is the time of year when a Wall Streeter's fancy turns to thoughts of bonuses.

Confessions of a Bailout CEO Wife
Source: Portfolio.com: Top 5

Forget the opera. Cancel dinner at Bouley. How life has changed since my CEO husband went on the government dole.

Wall Street Cries "Feed Me" or World Will End
Source: Bloomberg.com

Nov. 3 (Bloomberg) -- In the musical comedy "Little Shop of Horrors," a dangerous and gluttonous plant dubbed "Audrey II" signals its insatiable appetite for human blood with a baritone demand, "feed me."

Death of 'Soul of Capitalism': Bogle, Faber, Moore
Source: MarketWatch.com

ARROYO GRANDE, Calif. (MarketWatch) -- Jack Bogle published "The Battle for the Soul of Capitalism" four years ago. The battle's over.

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