Banking Outlook: Happy Days Are Gone Again?

The banking industry has not yet returned to “normal” despite two years of earnings growth, and it will face more, not fewer, headwinds in 2012, according to a forecast report from Trepp LLC, a provider of information, analytics and technology to the CMBS, commercial real
Read More

Fitch cuts Italy, Spain ratings; outlook negative (Reuters)

Reuters – Fitch Ratings on Friday cut Italy’s sovereign credit rating by one notch and Spain’s by two, citing a worsening of the euro zone debt crisis and a risk of fiscal slippage in both countries. Yahoo! News: Business News
Read More

Dell outlook disappoints, shares down (Reuters)

Reuters – Dell Inc posted quarterly revenue slightly below expectations and said sales for the present quarter would be flat, sending its shares down 4.9 percent in after-hours trading. Yahoo! News: Business News
Read More