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Posts related to ‘WM’

Fed

Big Banks Work On Slush Fund To Save Smaller Firms

Posted: September 14, 2008 at 6:17 pm

Several of the world's largest banks on working on assembling a $50 billion fund to offer capital to weaker financial companies as firms like Lehman (LEH), Merrill Lynch (MER), and ...
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Merrill

Bank Of America (BAC) In Talks To Buy Merrill Lynch (MER)

Posted: September 14, 2008 at 3:18 pm

Convinced that a Lehman (LEH) Chapter 11 could cause huge losses for other large financial institutions, the weakest players have become desperate to find partners or buyers. According to The ...
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Aig

Wall St. Turns On AIG (AIG): Time’s Up

Posted: September 12, 2008 at 11:49 am

AIG (AIG) as taken its turn in the penalty box today, joining Washington Mutual (WM), Lehman (LEH), and Merrill Lynch (MER).After after three quarters of significant write-offs, AIG is down ...
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Thousands & Thousands of Financial Jobs At Risk (AIG, WM, LEH, MER, C)

Posted: September 12, 2008 at 9:36 am

There are hundreds of thousands of jobs at stake if the current trends continue in the financial services sector.  When you tally up the employment just at five troubled firms ...
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Top Pre-Market Analyst Upgrades (DBD, FFIV, FSLR, GILD, GHL, WM)

Posted: September 12, 2008 at 6:28 am

There are surprisingly few analyst calls today, but these are some of the top positive calls and upgrades with more than two hours to the market open: Diebold (DBD) Raised ...
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Wamu

Auctioning Off WaMu (WM)

Posted: September 12, 2008 at 5:02 am

No one in his right mind wants to buy Washington Mutual (WM), but it does have some juicy pieces which would make nice additions at several other large financial firms. ...
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Newspaper

Media Digest 9/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 12, 2008 at 2:48 am

According to Reuters, debt of Washington Mutual (WM) was cut to junk on a forecast of a $4.5 billion loss reserve.Reuters says that concerns about Lehman (LEH) spread to Merrill ...
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Clown_2

The 52 Week Club 9/11/2008 (LEH)(MER)(WM)

Posted: September 11, 2008 at 3:39 pm

Lehman (LEH) Dead or alive. Off to $3.79 from 52-week high of $67.73.Washington Mutual (WM) Will the bank make it?  Plunges to $1.75  from 52-week high of $39.25.Merrill Lynch (MER) ...
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Bank

Saving Private Ryan: The Fed Puts All Hands On Deck For Banks

Posted: September 11, 2008 at 5:21 am

With Bear Stearns, Fannie Mae (FNM), and Freddie Mac (FNM) fundamentally gone as independent institutions, the Treasury and Fed have turned their attention to Lehman (LEH) and Washington Mutual (WM). ...
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Bear

Sharp Increase In Short Bets On Big Financial Firms

Posted: September 11, 2008 at 3:20 am

Short interest in a number of financial stocks moved up very sharply for the period ending August 29. Shares short in Washington Mutual (WM) rose 12% to 383 million. Short ...
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Newspaper

Media Digest 9/11/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 11, 2008 at 2:54 am

According to Reuters, Washington Mutual (WM) fell 30% to a 17-year low.Reuters reports that billionaire Carlos Slim has bought 6% of The New York Times (NYT).Reuters writes that Northrop Grumman ...
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Clown

The 52-Week Low Club 9/10/2008 (WM)(LEH)(O)(SIRI)

Posted: September 10, 2008 at 3:03 pm

Washington Mutual (WM) Latest victim of credit debacle. Falls to $2.30 from 52-week high of $39.25.Lehman (LEH) Restructuring plan has few friends. Down to $6.93 from 52-week high of $67.73.Owens-Illinois ...
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Grim

The Grim Reaper Comes For Washington Mutual (WM)

Posted: September 10, 2008 at 11:54 am

Over the last year, shares in Washington Mutual (WM) are down more than Lehman (LEH). It is distinction that defiles the managements and boards of both companies.Washington Mutual's days as ...
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Angrybear

The Bear Market’s Big Sucker Rally (MSFT)(BA)(GE)(F)(FNM)(FRE)(WM)(LEH)

Posted: September 9, 2008 at 4:45 am

In community college Economics 101 students learn that there can be dips in bull markets. Usually these are caused by a single event like a change in the party that ...
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5 Leveraged Financial Winners In Fannie/Freddie Seizure (LEH, AIG, NLY, CIM, WM)

Posted: September 8, 2008 at 7:35 am

This morning we are seeing a massive gain on the heels of the US government seizure tied to Fannie Mae and Freddie Mac.  Those shares are halted and Warren Buffett ...
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