Author: Devin Weiss

Big paychecks are back for the Wall Street Banks, as per a report published in the Wall Street Journal this morning. Leading the way is Goldman Sachs (GS), which is expected to pay $700,000 per employee for 2009, almost double...

The U.S. government has allotted $1.1 billion as part of its stimulus package to study the medical treatment best suited for a given patient. This is an issue that haunts millions of people around the world. They seek the best...

The Treasury is expected to name soon the fund managers who will operate the long-awaited Public-Private Investment Program (PPIP), designed to take the toxic assets off from the banks’ balance sheets, according to several...

Acuity Brands Inc. (AYI) announced fiscal third-quarter earnings of 54 cents per share, missing the consensus forecast by more than 5% on weak non-residential construction activity. Shares of this Zacks #4 Rank...

Yesterday, Petrobras (PBR), the state-run oil giant, sold US$1.25 billion of reopened global 2019 bonds carrying 7.875% coupon, at 6.875% current yield. Although this is lower than the 8.125% yield on US$1.5 billion of the same...

In an effort to enhance the economy, the Brazilian Government recently announced a reduction in Long-Term Interest Rate (TJLP) and Tax on Industrialized Products (IPI) until the end of 2009. TJLP, which provides a reference for...

Watsco, Inc. (WSO) said that it completed its previously announced joint-venture, named Carrier Enterprises LLC, with Carrier Corporation. Watsco is the largest distributor of air conditioning, heating, and refrigeration...

One of the most important aspects of this recession is the length of time people are out of work once they get their pink slips. The average length of time someone who is out of a job has been looking is now up to 24.5 weeks...

Jones Lang LaSalle: Numero Uno Corporate Real Estate Service ProviderJones Lang LaSalle, Incorporated (JLL), a leading full-service real estate firm providing corporate, financial, and investment management services, was...

Earlier this week, Gol Linhas Aereas (GOL) the first Brazilian low-fare airline, announced the creation of the SMILES credit card through its subsidiary, VRG Linhas Aereas S.A., in partnership with two banks, Brasil SA and Banco...