Reports of what appears to be am effective government takeover of Bankia in Spain, ongoing debt and capital concerns of the banks, and borrowing costs approaching 7% are all culminating with the rest of the…
The perception that the large banks in Europe could present as much of a financial problem as the debt of sovereign nations do has grown rapidly recently. Spain’s bailout of Bankia will cost over…
After markets closed last night, CME Group Inc. (NASDAQ: CME) announced a 5-for-1 stock split which will be accomplished as a 400% stock dividend. The dividend will be paid on July 20th to shareholders…
So much for any great help from the ECB, France, Germany, and any other entity being able to help the Euro stay together. Rumors have been out that nations have been instructed to make…
After tumbling about -26% in its first three days of trading, stock in Facebook Inc. (NASDAQ: FB) is up more than 3% just before noon today even as shareholder lawsuits and investigations mount against…
The U.S. Treasury just sold $35 billion in two-year notes and the demand for this auction was the highest since last November when equity markets had faced serious weakness in the weeks and months…
Blackrock, Inc. (NYSE: BLK) is about to get a huge amount of shares dumped onto the stock market. Barclays (NYSE: BCS) is set to unload a stake of about 19.6% or so which was…
National Commercial Bank Jamaica Limited has filed for an initial public offering of its American depositary shares, or ADSs. The bank and some selling shareholders are both filing to sell shares in the deal.…
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 just because of the…
It is never a good thing to see a run on the banks. That is what the fears were recently indicating in Greece. The problem is that Spain is a much larger problem due…
Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE: JPM) told an investor’s conference this morning that the bank would suspend its share buyback program as the company pays down its losses on its…
nationsonline.orgOne of the proposals to salvage the financial fortunes of Europe’s weakest nations is to fund their largest banks. The theory goes that each of these nations has a troubled bank system that the central governments have…
ZyngaShares of Zynga Inc. (NASDAQ: ZNGA) were halted shortly afterFacebook Inc. (NASDAQ: FB) launched this morning as the delayed opening caused the game-maker’s shareholders to run away from the stock in big numbers. Shares…
Bonds of the Treasury variety may be the safe haven against a falling stock market. They hardly pay anything in yield, but they haven’t yet faced a meltdown. The woes of Europe, the slowing…
Finally we are going to get stop hearing about the IPO of Facebook, Inc. (NASDAQ: FB). This is the largest IPO of its kind ever and appears to be the third largest IPO in…