The market slowly meandered today, but a subpoena at
Bank of America
over bonuses paid to Merrill Lynch employees put the embattled bank back into the spotlight, as well as atop the TheStreet.com's top 10 most searched stocks list.
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New York Attorney General Andrew Cuomo has issued a subpoena to former
as part of an investigation into billions of dollars in bonuses paid to Merrill Lynch employees before the company's Jan. 1 takeover by Bank of America. Thain and BofA have reportedly been scuffling over whether Thain insisted on going forward with the bonus payments even after it became apparent Merrill would report a fourth-quarter loss in excess of $15 billion.
Next on the list,
, which announced a 32% drop in earnings on Monday, was upgraded at UBS to neutral from sell and its price target reduced to $34 from $35.
With Monday's $68 billion bid to acquire
, pharmaceutical giant
is setting itself up to "potentially dominate the Alzheimer's disease treatment market for years to come," says TheStreet.com's
portfolio manager Adam Feuerstein. But in making such a big bet, the pharmaceutical giant may also face increased government scrutiny and possibly some resistance from its key partners.
Lingering doubts over
dividend continue to keep it in TheStreet.com's most searched stocks.
saw its target price raised at Morgan Stanley to $68. And "Mad Money" viewers saw CEO Jim Skinner interviewed by Jim Cramer Monday night.
continues to be heavily searched -- and traded -- ahead of its Feb. 4 earnings report.
also remains heavily searched as Apple devotees scrap for details about the iPhone-maker's next move.
continues to benefit from this weekend's
announced this weekend that now is the time to buy oil -- and oil stocks.
reported better-than-expected fourth-quarter earnings Tuesday, boosted by strong sales of several key drugs and the sale of the company's stake in ImClone Systems. Bristol said revenue growth in 2009 would be in the low-single digits, impacted somewhat by foreign exchange headwinds.
Finally, telecom giant
saw its fourth-quarter profit rise 15%, driven by its rapidly expanding wireless and broadband businesses. Excluding charges, Verizon's fourth-quarter earnings were 61 cents, down from 62 cents a year ago, but in line with analysts' estimates.
Before joining TheStreet.com, Gregg Greenberg was a writer and segment producer for CNBC's Closing Bell. He previously worked at FleetBoston and Lehman Brothers in their Private Client Services divisions, covering high net-worth individuals and midsize hedge funds. Greenberg attended New York University's School of Business and Economic Reporting. He also has an M.B.A. from Cornell University's Johnson School of Business, and a B.A. in history from Amherst College.