Greek Stock Proxy: Austerity Plan Falls Short (NBG)
Every time there is news from Greece about its debt woes, the first place to look for a reaction on how it will play out for U.S. investors and traders it seems to be…
Banking, finance, and taxes
All Banking, finance, and taxes Articles
Newest first · Page 20952-Week Lows Soon Gone in Banks (BAC, C, JPM, WFC, FAS)
There is a common search that value investors, momentum investors, growth investors, and traders all look through for various price screens to help on deciding when to a buy or sell a stock. The…
Novell’s Only Hope: The Long-Awaited Buyout (NOVL)
If you have followed software companies for more than a decade, you have probably grown accustomed to seeing Novell, Inc. (NASDAQ: NOVL) act as a dead money stock. The company has gone from having…
Goldman Sachs Sets Record for $100 Million Trading Days
By Douglas A. McIntyre Goldman Sachs (GS) may face bad publicity, hostile Congressmen, and campaigns by shareholders to cut compensation, but it remains a money making machine. The bank has disclosed that it had…
CIT Late on Annual Report; Guides For Losses (CIT)
Not surprisingly, CIT Group Inc. (NYSE: CIT) filed with the SEC a form NT 10-K… That is a non-timely annual report notification. The company said it would be unable to file its annual report…
Can MBIA’s $36.35 Adjusted Book Value Entice? (MBI, RDN)
MBIA Inc. (NYSE: MBI) reported some mixed earnings after the close. The only reason it even really matters is because Radian Group Inc. (NYSE: RDN) has such better earnings than expected last week. The…
Goldman Sachs Defies Calls Against Compensation (GS)
Goldman Sachs Group, Inc. (NYSE: GS) is going to get hear more criticism over the notion that it creates so many millionaires. Compensation has been an issue since about half way through the recession,…
AIG: Finally, A Pay Day For US Taxpayers
A deal for UK insurance company Prudential to buy AIG’s (AIG) large Asia insurance firm for $35.5 billion will be announced today. That should be a relief for US taxpayers who have invested $182 billion in the…
Big Dividend Hikes Will Bring Only More Big Dividends (GPS, KMB, JPM, GE, DOW, CSCO, AAPL, MMM, DVY)
Everyone, or at least most everyone, loves dividends. While some investors love share buybacks, dividends seem to be the new way we are seeing for companies to reward shareholders. The good news is that…
More Key SPAC and Blank-Check Developments (BPW, TLB, HMAQF, BBVVF, WLBC, ULEI, CFQCF)
We are seeing more and more deal news in the land of special purpose acquisition companies and in blank check companies. Some is good, while some is not. SPACUpdate.com sent us some exclusive coverage…
Schwab Exchange Identity Crisis (SCHW)
Charles Schwab Corp. (NASDAQ: SCHW) is changing its listing from the NASDAQ to the New York Stock Exchange. Technically, this is either again or back to it. The company said that it expects to…
SPAC Death: Atlas Acquistion Winding Down (AXG)
Atlas Acquisition Holdings Corp. (AMEX: AXG) is a special purpose acquisition company, but not for very long. The company just announced that its board of directors has approved the dissolution of the company. In…
Emerging Market Surprise: Turkey Upgraded by S&P (TUR, TKF, TKC)
If you have read the news about Greece, Spain, and other PIIGS nations, you might think that the EuroZone and any neighboring states would be in the tank. If you asked about Turkey without…
The Rate Hike Cycle Begins
Just yesterday in the FOMC meeting minutes from January, it was becoming painfully clear that the FOMC was getting closer to hiking rates. Most notable was that the discussions had revolved around whether changing…
Meredith Whitney Still Bank-Cautious (JPM, BAC, C, BLK)
Esteemed banking analyst Meredith Whitney just gave a CNBC interview a year after starting that she was starting Meredith Whitney Advisory Group. She is still very cautious on the banking sector and the prospects…