Word: cases
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...settlement, the banks then make that research available to individual investors and the bank employees, like brokers, who advise them. The biggest providers of research to the global settlement are, by most accounts, S&P Equity Research, Morningstar and Argus Research-all decently sized (and, in S&P's case, quite large) companies. (Read "How to Know When the Economy Is Turning...
...Studies finds that since the global settlement, research from investment banks has, in certain ways, become less biased. An analyst is no longer more likely to issue a "buy" rating when his firm is doing investment banking business with the company he's covering-as used to be the case. "It's leveled the behavior on the optimistic side, and that seems like a good result," says Leonardo Madureira, a finance professor at Case Western Reserve University and one of the paper's authors. Analysts, though, are still much less likely to issue a "sell" rating on a company their...
...prices rising for some commodities now, in the middle of the worst recession in decades? The answer: demand is recovering, slightly, for some raw materials. In the case of oil, supplies have been reduced by OPEC cutbacks. And commodities traders are bidding up market prices in general on expectations that supply shortages will return with just a modest improvement in demand...
...good show. If opera’s more your thing, head to The Fiery Furnace, an original opera that retells a biblical episode (Adams Pool Theatre, 8 p.m., free). Sounds intense, but there is a reception afterward that promises to expose you to opera opportunities at Harvard in case you’re interested...
...border, an unmarked halfway point on the Tumen River dividing China and northeastern North Korea. The U.S State Department, which already has its hands full trying to secure the release of 31-year-old Iranian American journalist Roxana Saberi, has been especially tight-lipped about the North Korean case, saying only "numerous channels are being used to hasten their release." (See pictures of the rise of Kim Jong...