BREAKING: WASHINGTON (MarketWatch) — The Treasury Department will order failed insurance giant American International Group Inc. to repay the taxpayers up to $165 million that the company (AIG) is giving employees as bonuses, Treasury Secretary Tim Geithner said Tuesday. In a letter to congressional leaders, Geithner said the government can’t...

Sirius XM Radio Inc. is planning to stream its subscription radio service to the iPhone and iPod Touch devices from Apple Inc. beginning this spring. Sirius now has 19 million subscribers, up 10 percent from a year earlier. Sirius also sees opportunities to bundle its satellite radio service with TV packages from DirecTV Group Inc. DirecTV’s...

7500 was last November’s bottom and it will be this rally’s major resistance level. Caterpillar (CAT) just announced 2400+ layoffs and small companies are cutting left-and-right. How can ANYONE other than a financial organization see this as an “upturn market with light at the end”? In my opinion this is the classic short squeeze...

We here at The Market Guardian wish everyone a Happy St. Patrick’s Day. Thank you for all your comments and E-mails. Below is a blog that every trader should be part of. Enjoy videos and interaction from your fellow traders. It looks like we are going to need the luck of the Irish to get out of this recession. Enjoy, reflect and laugh out loud...

* The top recipient received more than $6.4 million; * 22 individuals received bonuses of $2 million or more, and combined they received more than $72 million; * 73 individuals received bonuses of $1 million or more; and * Eleven of the individuals who received “retention” bonuses of $1 million or more are no longer working...

The Tech stocks are putting in a strong early trading performance Today, as gains from Apple Inc (AAPL) and Dell Inc (DELL) gave a slight lift to the sector that was trying to come back from the previous session’s losses. Apple’s iPhone SDK “event” will be live sometime today, rumored to be at 1pm. Dell also unveiled a new,...

Citigroup Inc. (C) is getting ready to nominate four financial-services executives as directors under a plan to revamp the firm’s board, according to a published report last Friday. “Pandit says in memo that Citi profitable during 2009″ Credit is frozen, lending is completely at hold and sudden of all Citi becomes profitable after...

Lifted by an 82% increase in construction of apartment buildings, U.S. housing starts climbed 22% in February to a seasonally adjusted annual rate of 583,000. Futures are flat this morning. Yesterday got over extended up at the 775 level in the S&P and that was right at resistance. I think if we see more down action today like we did going into...

(AP:WASHINGTON) A top adviser to President Barack Obama’s auto industry task force says bankruptcy is not the goal of the government’s efforts to restructure General Motors Corp. and Chrysler LLC. Steven Rattner told The Associated Press on Monday that the auto panel is “very focused on solving the problem, not on filing for bankruptcy.” Rattner...

Alcoa Inc. (AA) shares tumbled in Monday’s evening trading session after the aluminum producer said it was slashing its quarterly dividend by 82%. (AA) is lowering its quarterly dividend to 3 cents a share from 17 cents in a bid to save more than $400 million a year. It’s the latest large company to cut shareholder payouts. AA was $45.00...

BREAKING WASHINGTON (Reuters) – President Barack Obama told Treasury Secretary Timothy Geithner to take all legal measures to block hefty bonuses awarded to employees of  (AIG), the insurance company that received up to $180 billion in bailout money, a White House adviser said Monday. “The president told Secretary Geithner … to take...

Hey Folks, when the Government talks about systemic risk, that’s what they mean. The institutions were counterparties which AIG entered into these contracts with and I am sure there were counterparties to the counterparties since even the Goldman Sachs of this world didn’t have a profit either. The major fault lies in that this INSURANCE...

The cartel decides against a production cut, leaving traders disappointed and oil prices down by around $2.00 per barrel. “Saudi Arabia’s position was probably integral to what OPEC decided,” said Catherine Hunter, an analyst with IHS Global Insight, referring to the kingdom’s reported view that sticking to already reduced quotas was better...

Good Morning, The futures are pointing to a higher open as the markets look to continue this bear market rally. We are getting close to a turn back down in my opinion. I have enjoyed the ride north but I am not convinced it will last much past today’s open. Stay nimble and lets watch the first 30 minutes to give us a direction.

The Merger is a curious one because the cultures of the two sales forces are COMPLETELY different. Pfizer is an aggressive marketer, while Wyeth has always toke a conservative appraoch in the marketing of pharmaceuticals. There is very little question that the loss of the patent protection on Lipitor will hurt Pfizer. However, I am continually scratching...