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Posts related to ‘MF’

MF Global and Corzine’s Folly

MF Global Holdings (NYSE: MF) became the first U.S. casualty of the European sovereign debt crisis, filing for Chapter 11 bankruptcy on Monday. Chairman and chief executive Jon Corzine has ...
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Media Digest (11/2/2011) Reuters, WSJ

George Papandreou convinces the Greek cabinet of the virtues of a national referendum on budget cuts, but he now faces the leaders of France and Germany. (Reuters) The FBI may ...
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What’s Important in the Financial World Today (11/1/2011) China PMI Trouble, Fed Divided, MF Global Fails

Bank plans to charge for debit cards abandoned. U.S. banks continue to abandon plans to charge fees to holders of debit cards. SunTrust (NYSE: STI) and Regions (NYSE: RF) today announced they ...
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The Global Financial Industry Continues to Crumble

Nearly lost in the news that MF Global (NYSE: MF) has collapsed under the strain of poor gambles about the EU’s future were announcements from larger banks that will cut ...
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Media Digest (11/1/2011) Reuters, WSJ, NYTimes, Bloomberg

Greeks will vote on planned austerity, which could wreck the chances of a conclusion to the bailout. (Reuters) China’s PMI falls to the lowest level since early 2009. (Reuters) Chemical ...
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The End of MF Global (MF, CME, ICE)

MF Global Holdings Ltd. (NYSE: MF) has been halted pending news this Monday.  Workers may be allowed into the offices, but the firm is being cut off from transacting business. ...
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Media Digest (10/31/2011) Reuters, WSJ, FT, Bloomberg

Japan acts to lower the yen before the upcoming G20 meeting. (Reuters) Beacon Power (NASDAQ: BCON), backed by U.S. funds, goes bankrupt. (Reuters) Young and well-educated Greeks begin to leave ...
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Does MF Global Get To Survive On Its Own? (MF, BCS, GS, JPM, C)

To say that MF Global Holdings Ltd. (NYSE: MF) is in trouble might be the understatement of the year.  The commodities and derivatives broker has reportedly been caught on the ...
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Media Digest (10/28/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Spain’s unemployment rate rose to 21.5% last quarter. (MarketWatch) EU officials not expecting China to invest in the region’s bailout, despite reports to the contrary. (Reuters) Hewlett-Packard (NYSE: HPQ) to ...
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Media Digest (10/27/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Eurozone officials decide on a second bailout of Greece and a larger EFSF. (Reuters) Private financial firms have positive reactions to the Obama plan to aid more homeowners with underwater ...
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The 52-Week Low Club (PDGI)(PRXL)(LVS)(USG)(MF)(CVG)

Convergys (CVG) Posts a loss and weak forecast. Drops to $6.82 from 52-week high of $19.18.MF Global (MF) No major news. Drops to $1.93 from 52-week high of $32.20.USG Corporation ...
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Top 10 Pre-Market Analyst Calls (AGO, BRCM, CMI, IBM, JCP, MBI, MF, MOT, NOV, VISN)

These are ten of the analyst calls we are focusing on this Monday morning in the early pre-market trading hours:Assured Guaranty Ltd. (NYSE: AGO) started as Buy at UBS.Broadcom (NASDAQ: ...
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The 52-Week Low Club (BSC)(LEH)(C)(MER)

Bear Stearns (BSC) For those not on the planet today, firm was bought out by JP Morgan (JPM). Shares fall to $2.84 from 52-week high of $159.36.Lehman Brothers (LEH) Fall ...
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The 52-Week Low Club (FMT)(RHD)(S)(JRC)(LLNW)(IACI)

Fremont General (FMT) Threatens more write-downs. Falls to $.73 from 52-week high of $13.80.R H Donnelley  (RHD) Downgrades after poor earnings. Hits bottom of $6.26 from 52-week high of $84.49.MF ...
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Top 10 Pre-Market Analyst Calls (AIG, TRAK, DECK, ETR, ITLN, MF, PFE, QSFT, REP, RHD)

These are not the only analyst calls affecting shares of stock this morning, but these are the initial calls that 247WallSt.com is focusing on:AIG (NYSE: AIG) cut to Market Perform ...
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