While Morgan Stanley and the Nasdaq face lawsuits from irate investors, they aren't the only ones faced with fallout from the IPO flop.
Everyone wants in on the investigation into how the company lost billions. But what have regulators learned?
American Eagle is upgraded to 'buy,' and Crocs is initiated with an 'outperform.'
Even though heightened regulatory requirements could put more pressure on the bank's trading margins, the stock is worth more than its current price.
| Tags: | CSfinancial servicesubs |
Salesforce expects a fourth-quarter loss. Gap's profit falls but beats forecasts.
These exchange-traded funds, created to give individual investors the same leveraging opportunities that hedge funds have, don't level the playing field -- they distort it.
Such a whopping loss on one guy's gamble couldn't have come at a worse time for UBS, and it will likely force the bank into the red for the quarter.
The financial sector has seen lots of job cuts, and Wall Street should brace for more -- perhaps 80,000 by year's end.
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