AK Steel is upgraded to 'buy,' and Dendreon is initiated with a 'buy.'
Goldman Sachs is both upgraded and downgraded, and Manchester United is initiated at 2 firms with a 'buy.'
Dow sheds 125 points to below 13,000. Weak economic data out of Japan, South Korea and Europe put the focus back on international issues. US retailers report generally better-than-expected sales, while jobless claims remain flat.
Maybe it's time to think about better compensation for the regulators who oversee the financial institutions.
The soccer club raised $233 million in its IPO, which will help pay down part of its crushing debt load.
Shares of European financial institutions see a major boost in their prices with most of them recording gains of at least 5%.
A survey reveals that nearly 25% of people believe unethical or illegal conduct is required in order to get ahead in the banking world.
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Serious issues like drought and the deterioration of the developed world spell opportunity for this industry leader.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
They're more alike than you realize, and not in good ways. And that's coming from someone who likes Peeps.
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