JP Morgan is out very positive on Palm (PALM) saying their channel checks at more than 20 Sprint and Best Buy Stores yielded a consistent takeaway: there aren’t enough Treo 800Ws to meet demand. The firm is raising its F1Q09 estimates to above consensus. Reiterates Overweight.Notablecalls: Rhymes with RBC Capital [...]

While they didn't come right out and say it last night, the message coming out of Merrill Lynch's (MER) management is clear: Disregard everything we say. Below we highlight some of the comments that MER's CEO has made in 2008 regarding the company and its capital position. In January, the company [...]

The Singapore government has become an unlikely white knight to Wall Street, with a new billion-dollar commitment to Merrill Lynch, even as Merrill, a huge U.S. investment bank, disclosed more bad investments.[...]

Merrill Lynch & Co.'s fire sale of toxic assets might burn some other fingers on Wall Street. In the world of complex and infrequently traded securities, the venerable investment bank's move Monday to offload $30.6 billion in securities to private equity firm Lone Star Funds produced a rare data point: [...]

SINGAPORE (MarketWatch) -- Temasek Holdings Pte. Ltd. won't rule out evaluating future investments in Merrill Lynch & Co. or other financial firms, a person familiar with the Singapore state-owned fund said Tuesday. "Temasek won't rule out evaluating more stakes in investment banks," the person told Dow Jones Newswires. "Any decision [...]

The Chinese sure know how to pick 'em. After China Investment Corp's outstanding investments in Blackstone (-52% since IPO last year) and Morgan Stanley (bonds originally set to convert at $48-$57 a share, down 30% since December), and China Development Bank's efforts to top those losses with its stake in [...]