Ally Financial Inc. has filed a second amendment to its S-1 filing as a mark that its IPO is likely closer rather than farther away. The company’s stock will be listed on the NYSE…
Moody’s is not without question over how it rated (and still rates) many issues after the credit crisis. The problem with that caveat is that ratings agencies are still considered relevant by many investors…
If you wonder why ratings agencies are still hated so much, just wait until the Greek government comes out attacking Moody’s now that a fresh downgrade has been seen. Moody’s Investors Service has downgraded…
You have probably heard and read about some of the same rumors and stories about a second bailout heading the way of Greece. The aim is to prevent a de facto default scenario where…
A Rare earth metals exchange? In China? Reports were out last night that Baotou Steel Rare Earth has won has won an approval from the local government to actually start an exchange that will…
The bank and financial bailouts followed by the subsequent $1.5 tillion (or $2.2 trillion) spent and the actions after a zero-rate environment were quantitative easing enough and became called “QE2” on Wall Street and Main Street. …
If you have invested in or traded around news in the lands of the PIIGS, Greece is perhaps the prominent problem child and National Bank of Greece SA (NYSE: NBG) is just about the…
If there is a story that retail and apparel investors will think they have seen before, it is on Syms Corp. (NASDAQ: SYMS). Shares are surging by over 25% this morning on news that Syms is…
Freescale Semiconductor Holdings (NYSE: FSL) is going to be a disappointing private equity technology IPO if the pricing matters. That doesn’t mean that shares cannot rise, but the company’s initial public offering is only…
Insurance companies are becoming less popular than lawyers. Before you throw out the entire class of healthcare insurance, liability insurance, and property & casualty insurance, things might not be as bad as they seem. …
Uncle Sam is making a profit on AIG, sort of, so far… This huge highly awaited offering from American International Group Inc. (NYSE: AIG) has been priced and this should be considered an IPO…
If you didn’t think the ratings agencies were quite on par over the last, well for years now, there is another ratings agency action that needs to be discussed. While it may sound opportunistic,…
American International Group Inc. (NYSE: AIG) is going to be hard to bet against after its secondary offering if history is any barometer. This 300 million shares sale is expected to price on Tuesday…
This week we highlighted some of the big whale watching portfolio changes. Yep, the stock holdings from the likes of Warren Buffett at Berkshire Hathaway Inc. (NYSE: BRK-A), and other great billionaire investing whales…
Now that the 10-Year Treasury Note has been back to close to the 3.00% yields again, we wanted to see which Dow Jones Industrial Average components had a higher dividend yield than the 10-Year…