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Posts related to ‘C’

Short Sellers Hit Internet Stocks

Posted: May 25, 2012 at 6:17 am

For the two weeks that ended on May 15, short sellers hit old and new Internet site companies alike. Among firms that had IPOs recently, the short interest in Zynga (NASDAQ: ...
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Zynga’s 15% Stock Loss — Lemmings over the Cliff

Posted: May 22, 2012 at 6:16 am

Zynga’s (NASDAQ: ZNGA) shares are down 15% over the past two days, a little more than those of Facebook (NASDAQ: FB) after its initial public offering. There are several critical difference ...
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Wells Fargo Becomes Safest Bank In America, Book Values De Damned (JPM, WFC, BAC, C)

Posted: May 21, 2012 at 3:23 pm

Wells Fargo & Company (NYSE: WFC) has replaced J.P. Morgan Chase & Co. (NYSE: JPM) as the safest bank in America.  This did not happen overnight and it is not ...
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Markets Hammered As Major Stocks Falter

Posted: May 14, 2012 at 10:01 am

The DJIA is off over 100 points, 136 points, to 12,686. The NASDAQ and S&P 500 are off by similar percentages. The carnage is particularly severe in a few sectors. ...
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A Call For Jamie Dimon To Resign

Posted: May 11, 2012 at 11:17 am

J.P. Morgan Chase & Co. (NYSE: JPM) has done some severe damage to its image as the best risk manager of the large banks, and this damage may easily carry ...
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What’s Important In The Financial World (5/7/2012) Gas Prices Fall, U.S. to Cut AIG Stake

Posted: May 7, 2012 at 6:25 am

France and Greece are not the only nations in which the forces of austerity suffered a setback. The party of Angela Merkel, the champion of government cost cuts across Europe, gave up ground ...
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Barclays To Start Online Bank

Posted: May 7, 2012 at 6:19 am

Barclays, the UK based bank, has decided to move into the US online bank business. The move is a mystery given the competition from American banks, brokers, and financial advisors. ...
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Can Big U.S. Banks Escape Europe’s Malaise?… Meredith Whitney Chimes In (DB, STD, NBG, BAC, JPM, C, WFC)

Posted: May 3, 2012 at 2:31 pm

The financial sector was the best performing index out of the S&P 500 during the first quarter.  That was when investors were decoupling from the woes of Europe.  With European ...
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Fed Hammers Citi with Buyback Rejection — WSJ

Posted: April 21, 2012 at 9:09 am

Citigroup's (NYSE: C) financial situation has been poor enough that the Fed continues to question whether it can accelerate returns to shareholders with larger dividends. The WSJ reports that the ...
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BofA Earnings Masked in Items, Huge Discount to Book Value (BAC, C, FAS)

Posted: April 19, 2012 at 7:36 am

Bank of America Corporation (NYSE: BAC) has reported its earnings and the headline numbers may look like a disappointment at $0.03 EPS from its $653 million in earnings.  Revenue was ...
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Media Digest (4/18/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: April 18, 2012 at 6:30 am

Citigroup (NYSE: C) losses an investor vote on executive compensation. (Reuters) Many experts say Spain cannot avoid a bailout. (Reuters) Nestle is close to a deal to buy Pfizer’s (NYSE: ...
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24/7 Wall St. Closing Bell (AAPL, FSLR, VLO, TIF, C, CMA, GS, JNJ, MMR, GWW, YHOO, SYK, STX, URI, SRSL, ENOC, LEE)

Posted: April 17, 2012 at 4:07 pm

Markets opened higher this morning and by late-morning equities were trading down about 1.5% across the board, where they have mostly remained for the rest of the day. An upbeat ...
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Top Analyst Upgrades & Downgrades (ACHN, AAPL, BSX, CLS, C, CTRN, FSLR, HAIN, IDIX, INFY, NCT, SAP, TNK, TIF, VLO, VRTX)

Posted: April 17, 2012 at 8:27 am

These are some of today's top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Achillion Pharmaceuticals Inc. (NASDAQ: ACHN) Started as Outperform with $11 target at ...
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The Top 10 Earnings Remaining This Week (INTC, IBM, JNJ, KO, BAC, MSFT, VZ, AEP, GE, MCD)

Posted: April 16, 2012 at 12:30 pm

Last week may have been the official start of earnings season, but this week is when the real floodgates for earnings reports will open wide.  Citigroup Inc. (NYSE: C) has ...
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Citi Earnings Highlights Massive Discount to Book Value (C)

Posted: April 16, 2012 at 8:32 am

Citigroup, Inc. (NYSE: C) has reported that the bank made a profit of $2.93 billion in the first quarter.  Outside of special items the bank's earnings came to $1.11 in ...
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