GSV Hammers Holders With Another Stock Offering
GSV Capital Corporation (NASDAQ: GSVC) is taking it on the chin this morning because the company has sold another secondary offering of common shares so that it can go out and buy more portfolio…
Banking, finance, and taxes
All Banking, finance, and taxes Articles
Newest first · Page 155JP Morgan: Does One Bad Trade Make a Dangerous Pattern?
The front page of almost every news and financial paper or website carried that story of JP Morgan’s (NYSE: JPM) $2 billion trading loss. As MarketWatch described it, “The losses stemmed from trades at the…
JP Morgan $2 Billion Loss — Stock Down 6%
In a hastily called conference call, JP Morgan (NYSE: JPM) CEO Jamie Dimon explained that one of the bank’s divisions would have an $800 million trading loss based on a bad investments in synthetic securities. Neither…
Solid 30-Year Treasury Auction… Only 3.09%
The last of this week’s Treasury bond auctions went off rather well. This was the Treasury auctioning off $16 billion in long bonds, or the 30-Year Treasury Bonds. The yield went off at 3.09%…
Bonds Sound Recession Warning, Of Sorts (TLT, JNK, AMJ, XLF, FAS)
Jon OggSo, just two weeks ago it looked as though “Sell in May and go away!” was not going to be as strong of a theme in 2012 compared to 2011 and to 2010. …
When Gold, Silver, and Copper All Tank… Are They All Devil’s Metals? (GLD, RGLD, SLV, HL, JJC, SCCO, FCX)
What happens when you have an appreciating dollar? Commodity prices tend to fall, all other things being equal. But what about when you have a scenario where risk-on investors are not buying these for…
Third Point Lowers the Boom on Yahoo (YHOO, EBAY)
As promised, Daniel Loeb and his firm, Third Point LLC, have today sent a letter to Yahoo! Inc. (NASDAQ: YHOO) demanding that the Internet firm open its books and records related to the hiring…
Most Likely Stock Purchases By Warren Buffett & Berkshire Hathaway (BRK-A, BRK-B, CVS, DVA, DTV, DG, GD, INTC, IBM, LMCA, V, WFC)
Warren Buffett hosted the Berkshire Hathaway Inc. (NYSE: BRK-A) over the weekend and this Monday morning he gave a long interview to CNBC. In the interview Mr. Buffett noted how he still thinks stocks…
Barclays To Start Online Bank
Barclays, the UK based bank, has decided to move into the US online bank business. The move is a mystery given the competition from American banks, brokers, and financial advisors. Barclays believes that the…
Treasury To Sell More AIG Shares
The US government will cut its stake in AIG (NYSE: AIG), again. It plans to take its total piece of the company down to 63%. The cost of the bailout to taxpayers have been…
Chinese Currency Going Global? (CME, ICE)
At a conference in Singapore, the CEO of the London Metals Exchange (LME), the world hub for metals trading, said that LME is working on a 2-year project to create its own clearing house…
Can Big U.S. Banks Escape Europe’s Malaise?… Meredith Whitney Chimes In (DB, STD, NBG, BAC, JPM, C, WFC)
The financial sector was the best performing index out of the S&P 500 during the first quarter. That was when investors were decoupling from the woes of Europe. With European bank shares falling now…
Carlyle Aims For Value In Private Equity IPO Pricing (CG, BX, APO, KKR)
Carlyle Group (NASDAQ: CG) is originally being viewed as a mixed debut for an initial public offering. The market remains a bit cautious when it comes to investing into private equity outfits because the…
Visa & Mastercard Get DOJ Curveball (V, MA)
Visa, Inc. (NYSE: V) and Mastercard Incorporated (NYSE: MA) should both be trading higher this morning if you were only looking at the earnings reports from Wednesday. Both credit card processing outfits beat earnings…
The Return of the Euro-Bank Fears (NBG, STD, BBVA, IRE, DB, UBS, CS, BCS, RBS)
nationsonline.orgThe U.S. stock markets have by and large been decoupled from the woes of Europe most of this year, as well as the slowing of growth in the key markets of China, India, and…