Tag Archives: debt

Bank of America returns to profit despite investment banking losses and litigation expenses

Bank of America (NYSE:BAC) is trading nearly 5 percent higher today after the company returned to a  fourth quarter profit amidst large legal expenses related to mortgages and losses from its investment banking business. The bank was able to offset …

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What’s up Ku6 Media, Venoco and Convio?

In this report: Ku6 Media (NASDAQ:KUTV), Convio (NASDAQ:CNVO) and Venoco (NYSE:VQ).

Ku6 Media (NASDAQ:KUTV) shares have rallied by more than 136 percent today after the company announced that it has tied up a deal with Google’s Youtube to showcase its …

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Citigroup tumbles after missing expectations in 4Q

Citigroup’s (NYSE:C) shares have tumbled by more than 6 percent today after the company posted an 11 percent drop in fourth quarter net income and missed Wall Street expectations. The company said that a decrease in investment banking profits as …

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What the fuss Yokuku, Assurant and Alcatel-Lucent?

In this report: Yokuku (NYSE:YOKU), Assurant (NYSE:AIZ) and Alcatel-Lucent (NYSE:ALU).

Yokuku (NYSE:YOKU) is trading over 9.5 percent higher today after the company announced a content deal with Twentieth Century Fox Home Entertainment under which Yokuku will license 250 titles of …

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What the fuss Urban Outfitters, MGM Resorts and Hanwha SolarOne?

In this report: Urban Outfitters (NASDAQ:URBN), Hanwha SolarOne (NASDAQ:HSOL) and MGM Resorts International (NYSE:MGM).

Urban Outfitters (NASDAQ:URBN) shares have tanked by more than 17 percent today after the company announced the sudden resignation of their chief executive officer Glen Senk. …

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Oil prices increase on positive U.S. data and Iran concerns

Oil prices rose on Thursday after indications that the U.S. economy is improving despite the debt crisis in Europe. Speculation that tension in the Middle East could lead to a disruption of crucial supply routes has also led to an …

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