The FDIC wants to increase fees to banks where executives have their pay tied to decisions that may involve high risk of capital. According to The Wall Street Journal, The Federal Deposit Insurance Corp.’s…
Warren Buffett is raising capital. Berkshire Hathaway Inc. (NYSE: BRK-A) has just filed with the SEC to raise up to $1 billion via a sale of debt securities. It is selling its own equivalent…
The effort of raising cash by selling debt at some companies just never seems to end. Level 3 Communications, Inc. (NASDAQ: LVLT) is one of those companies. The company announced that its Level 3…
Barclays Capital’s banking research department has been busy going into the new year as it has issued new coverage on many of the European and global banks. Some of the ratings are strong and…
The business of lending money to small businesses has entered a vicious cycle. The Small Business Administration says that it processed 12,393 loans in the fourth quarter of last year. That is up 9,070…
If today’s price action is of any indication for the full year, it seems that 2010 may be poised to be the year of the Irish banking sector. Today’s big winners were not just…
Warren Buffett has a different timeframe than most investors. Unless he sees something drastic to the long-term fundamentals, he maintains a near-forever outlook when he invests in or buys companies for Berkshire Hathaway Inc. (NYSE:…
It is year-end. That means that NASDAQ and the NYSE have been sending out more and more letters of non-compliance to public companies over their subsequent listing requirements. Some are due to capitalization minimums…
Earlier this week came an alert that a technical event was likely to be seen in the major money center banks and major financial institution stocks pertaining to the 50-day moving averages. After taking…
Almost all the very large financial firms that got TARP money have repaid it with Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) getting their money back to the Treasury just as the year ends. The TARP is…
Pay czar, Kenneth Feinberg, has been fairly consistent in giving only bare-bones compensation to management at firms that have taken TARP funds. Most executives are making less than $500,000 in base salary. Bonuses are…
Ruth’s Hospitality Group Inc. (NASDAQ: RUTH) is trying to get its financial house more in order. The owner and operator of the Ruth’s Chris Steak House chain announced new financial steps last night that…
The yield on the 30-Year Treasury Bond is now over 4.60% and the 10-Year Treasury Note is yielding 3.75%. It was just at the last bond auction that the T-Bond was 4.49% and sold…
There is a key technical event that may be close to occurring in some of the major banking and financial stocks. These have all used the 50-day moving average as a key pivot point…
Once thought to be slipping through the recession’s cracks and into oblivion, many special purpose acquisition companies not only succeeded in getting investors to sign off on mergers—some generated substantial value after the deal…