The situation in Ireland feels like it keeps getting worse, even if it is supposed to be getting better. Anglo Irish Bank has already been nationalized during the financial meltdown but a group of…
Retail and apparel mergers are still alive and well for good brands. J. Crew Group, Inc. (NYSE: JCG) is reportedly close to being acquired in a private equity buyout led by TPG Capital and…
Speculation is running rampant on insider trading. This is over who is going to get caught up in the dragnet of insider trading charges rather than on which companies are soon to be acquired. …
Ireland may be on the road to salvation after an E.U. and IMF bailout and that may be lending further support to the Euro. Just don’t look for the love to be put into…
Do we need another public casino chain? It must be that we do not. Harrah’s Entertainment Inc. has dropped its plan to come public “due to market conditions.” The private equity-owned casino and hotel…
The end of this week and next week will be an interesting period for the Irish banks and for the country of Ireland. Officials from the European Union, the European Central Bank, and even…
It is 13F season and investors are looking to see what their favorite gurus are up to. While everyone is looking at the slew of Buffett portfolio changes, it is John Paulson of Paulson…
Sprint Nextel Corporation (NYSE: S) is a turnaround which just may never turn around. If you see some of the caution issued by Moody’s today on the corporate debt side, the hopes for a…
Calling the markets fast to react has become the understatement of the year. Friday felt like a shift in sentiment was really taking hold with bond yields rising, commodities falling, and stocks falling. Now…
The markets may be headed lower on Friday morning after a sell-off in China, but the stocks of some of Europe’s troubled banks in the lands of the PIIGS are bucking the trend. Allied…
Prudential Financial, Inc. (NYSE: PRU) has raised close to $1 billion. If no over-allotment shares are exercised, this figure is closer to $970 million. The insurer sold 18.35 million shares at $54.50 per share…
The FDIC has decided that very large banks should pay more into the agency’s fund than smaller financial firms. In other words, the payments will not be based on a percent of deposits any…
The stock market and the commodities markets have so far supported QE2. Longer-dated bond yields have risen as a result as the extra $600 billion applies only a few percentage points of the allocation…
Ambac Financial Group, Inc. (NYSE: ABK) did what was close to inevitable: it has filed for Chapter 11 bankruptcy protection. The company said that it was unable to raise additional capital as an alternative…
American International Group Inc. (NYSE: AIG) has some wide losses being reported, even if comparing these to any real estimates will be a challenging feat. Most headlines are keying on a $2.4 billion loss…