The Winds Of War And Oil Prices
Russia has its own mysterious reasons for invading Georgia, one of its neighbors to the South, and there is some speculation that it would like to take on other small nation states to secure…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 161Private Equity Kings Seek Returns Acquiring The Debt They Issued (BX)
With the domestic deal market looking pretty dry at the moment, the private equity kings who made billions taking company after company private over the last few years are seeking new ways to make…
“Emergency” Short-Selling Rules Set To Expire On Wednesday
The special rules designed to curb "abusive naked short selling" in 19 prominent financial stocks are set to expire on Wednesday, and no one’s quite sure what will happen if the SEC doesn’t extend…
Media Digest 8/11/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters reports that UPS (UPS) is trying to buy Dutch rival TNT Reuters writes that credit unions are being hit by mortgage market problems. Reuters reports that GATX (GMT) is offering over $3 billion…
Asia Markets 8/11/2008: Shanghia Falls 5%
Markets in Asia were mostly higher, but Shanghai fell 5.1%. The Nikkei rose 2% to 13,431. Fuji Heavy Industries was up 6.9% to 278. Nissan rose 4.3% to 879. The Shanghai Composite moved up…
Intel (INTC) Deploys Astonishingly Confusing Branding For New Chips
Intel (INTC), which for years has spent hundreds of million of dollars on branding, is launching a new series of chips. The branding plan for these is more complex than the processors themselves. The…
Famous Brands For Sale, Gone But Not Forgotten (GE)(GM)(XOM)(FDX)
Corporations often start a business that becomes a famous brand, or buy companies that already have highly recognized brand names. Over time these brands often lose their earnings power. Corporations who find themselves in…
Banks Buying Back Auction-Rate Securities: More Write-Downs? (C)(WB)(UBS)(MER)(MS)
Now that Citigroup (C), UBS (UBS), and Merrill Lynch (MER) have agreed to buy back a total of about $40 billion in auction-rate securities, Wall St. will have to hazard a guess as to…
MBIA (MBI) And Ackman: Killing The Messenger
MBIA’s (MBI) corporate slogan "Wisdom In Action" presents a monumental irony. Management’s gamble that derivatives were a good way to pop earnings nearly ruined the company. The firm was, after all, supposed to be…
Bank of America (BAC) Acquires SEC Investigation As Part Of Countrywide Deal
The SEC informal investigation of Bank of America’s (BAC) recently acquired Countrywide Financial has been in progress for months and now there’s a new development. And it’s not good for Bank of America: the…
Buffett Still Prints Money (BRK-A, BRK-B)
Berkshire Hathaway Inc. (NYSE: BRK-A) has published its earnings after the close. Unfortunately, traders maybe looking more forward to the new list of public company holdings than anything. Net earnings were listed as $2.880…
The 52-Week Low Club 8/8/2008 (CCOI)(ANAD)(WAVE)(PRX)(CDE)
Coeur d’Alene Mines (CDE) Company posts loss in most recent quarter. Drops to $2 from 52-week high of $5.18. Par Pharmaceutical (PRX) Cuts full-year guidance. Drops to $12.82 from 52-week high of $24.50. Nextwave…
Russian ADR’s, ETF’s, Funds Hit On Military Actions (TRF, CEE, RSX, MBT, MTL, ROS, VIP, WBD)
Russian shares in ETF’s, closed-end funds, and ADR’s are taking a little beating this morning after Russian forces have rolled in with tanks, troops, and air raids into Georgia’s breakaway South Ossetia region. Deciding…
Trouble Brewing in Oil Patch Merger? (SII, WHQ)
On June 3, 2008, Smith International (NYSE:SII) and W-H Energy Services (NYSE:WHQ) entered into a definitive merger agreement that would have Smith paying $56.10 in cash and 0.48 common share for each W-H share…
Can Apple Put iPhone Rumors To Bed? (AAPL)
Usually rumors on new technology items create buzz or create hype for shareholders, but they can also create unrealistic expectations that ultimately hurt the stock. Apple Inc. (NASDAQ: AAPL) has been under the cloud…