Federated Vulturing Into Mortgages Via IPO (FII, PNT)
Point Asset Management, Inc. has filed to sell up to $250 million in an initial public offering and it will trade on the New York Stock Exchange under the symbol “PNT.” Deutsche Bank is…
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Year: 2008
All Year: 2008 Articles
Newest first · Page 352comScore Clarifies Its Google Click Comments (GOOG)
Google (NASDAQ: GOOG) is seeing a stock recovery after comScore (NASDAQ: SCOR) put out a clarification on its blog today. We received an email from comScore a short while ago confirming that link. Here…
Moody’s Signals It Should Cut Ambac, But Isn’t Cutting It (ABK)
Moody’s is affirming the current ratings and capital ratios at Ambac Financial Group, Inc. (NYSE: ABK), although there is not a downgrade being issued. Moody’s has noted that Ambac’s capital is currently under its…
International Brands Management SPAC IPO Changes Terms (IBL.U, IBL)
International Brands Management Group, a SPAC, or special purpose acquisition company, has amended its IPO again. It is set to trade under the ticker "IBL.U" on the American Stock Exchange. The company now plans…
SPAC IPO Competition To Heat Up: AMEX vs. NASDAQ (NDAQ, NYX)
It looks like the American Stock Exchange, and ultimately the New York Stock Exchange (NYSE: NYX) after the two merge, is going to get some competition for all of the IPO’s in Special Purpose…
Goldman Sachs Bets Against Risky Financials (WM, MER, LEH, WB, NCC, FRE, FNM)
This morning we have another negative note out of Goldman Sachs calling for investors to be long volatility in financial stocks where the options prices are reasonable in companies that have exposure to troublesome…
Assured Guaranty Scores One From Wilbur Ross (AGO, MBI, ABK)
Assured Guaranty Ltd. (NYSE: AGO) may not be the largest household name for a bond insurer or financial guarantor when you consider the woes of Ambac Financial (NYSE: ABK) and MBIA (NYSE: MBI). But…
The CarMax Hurdle (KMX, BRK.A)
This morning, Business Week in its "INSIDE WALL STREET" section has featured CarMax (NYSE: KMX) positively, mainly noting that Warren Buffett’s Berkshire Hathaway (NYSE: BRK/A) raised his stake by another half recently to 9.6%. …
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 at KBW. DealerTrack…
Founder’s Day: Dell, Yahoo!, Starbucks
A big company gets in trouble. The board throws the CEO under a bus and brings back the founder. The stock market figures that the person who built the company is the ideal one…
Big Lawsuits Finally Hit The Private Equity World
It is surprising that it took so long. A private equity firm is finally suing a bank that walked on a big transaction. It is only the beginning. Wachovia (WB) skipped out on its…
Oil At $103: OPEC On Cloud Nine
Oil moved over $103. The excuse this time was that "Ecuador’s state-run oil company, Petroecuador, suspended operations at a key export pipeline after a landslide damaged infrastructure," according to MarketWatch. That has nothing to…
Sony’s (SNE) Playstation Pipe Dream
Sony’s (NYSE: SNE) PS3 may have a better year in 2008 than it did in 2007. That would not be hard. The game console was beaten like a red-headed mule by the Nintendo Wii…
Microsoft (MSFT): Vista Price Cuts
No one in Redmond wants to admit this, but Apple’s (NASDAQ: AAPL) new Leopard OS may be getting the better of Vista, at least in enough cases to make it hurt. Almost all evidence…
Media Digest 2/29/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Paulson believes that the current proposal to help homeowners is too broad and may help speculators. Reuters writes that Microsoft (NASDAQ:MSFT) has cut the price of Vista to encourage upgrades. Reuters…