52-Week High Club
Gap Inc. (NYSE: GPS) hits a yearly high of $22.54. Fellow retailers Polo Ralph Lauren (NYSE: RL), American Eagle Outfitters (NYSE: AEO) and J. Crew Group (NYSE: JCG) also hit yearly highs. Goldman Sachs…
Banking, finance, and taxes
All Banking, finance, and taxes Articles
Newest first · Page 223SPAC Merger Votes This Week; More Deal Votes Announced (GHQ, TOH, CLA, HLD, GHC, DSP)
SPACupdate.com monitors live deals involving blank check companies, associated stock and warrant transactions and relevant personnel moves. This week brings several issues and votes in the special purpose acquisition company sector. GHL Acquisition Co.…
Top Day Trader Alerts (AOB, DPTR, ETFC, C, FNM, FRE, AIG)
These are this Tuesday morning’s top day trader alert stocks and actively trade stocks. We have more detailed price and volume analysis and data on each stock with links provided through at VSInvestor.com: American…
B of A Hot Seat Continues (BAC)
Bank of America Corporation (NYSE: BAC) has a couple of issues on the legal and regulatory front for this week. Last night, it announced that it has reached an agreement with the U.S. government…
AIG (AIG), Never Give A Sucker An Even Break
“We think that the American taxpayer will be fully repaid” under the company’s plan”—Ed Liddy, AIG CEO, May 13, 2009 “At the end of the day, we believe we will be able to pay…
Will Bank Of America (BAC) Take Congressional Request To Federal Court?
Representative Edolphus Town, chairman of the House Committee on Oversight and Government Reform, has told Bank of America (BAC) that it cannot use attorney-client privilege when dealing with Congress. It is a novel approach…
Two More Banks Close, Pace Slow
The FDIC is down another $850 million. Two more banks were closed today. Federal and state regulators today closed Irwin Union Bank, F.S.B., Louisville, Kentucky, and Irwin Union Bank and Trust Company, Columbus, Indiana.…
Options Trading & Expiration Stack Up On Citigroup (C)
Citigroup Inc. (NYSE: C) has been one of the most active stocks on the NYSE for weeks and weeks now. Despite low price stocks usually not being strong in options trading volume, that has…
Merger Stocks With Significant Arbitrage (CYCL, T, HNBC, FNFG, PCAP, PSEC, JAVA, ORCL, VM, S, DT, IPCS)
Despite the notion that times are tough, mergers are still happening. If you look back at what we noted, the top 20 companies by market cap had over $335 billion in raw cash that…
Secondaries Keep Flooding In (DVR, FSP, HBAN, MWA, NMM, HEAT, SAH, SXCI, VVUS, BRKR)
You know the market is still strong when secondary floodgates open up and are so well received that so many deals are seeing increased offerings. Some of the deals we have seen this morning…
Merrill’s Ex-CEO Thain Puts More Pressure On B of A (BAC)
John Thain, former CEO of Merrill Lynch, says that Bank of America (BAC) misled investors about the timing and the amount of compensation given to Merrill’s employees. Thain put his accusation in the harshest…
Sirius XM (SIRI) Gets Nasdaq Warning On Stock Price
Sirius XM (SIRI) faces a possible delisting from the Nasdaq, according to a disclosure by the company. The firm’s common stock closed below $1.00 per share for 30 consecutive business days. That violates the Nasdaq…
Citigroup (C) CEO Admits $100 Million Pay Package Excessive
Citigroup (C) CEO Vikram Pandit admitted what most people already believe. Paying an individual banker $100 million in the current climate is not responsible or right. According to Reuters, when asked if $100 million was…
State Street’s New Preferred Stock ETF (STT, PSK)
Investors have just been given one more trading instrument meant to track a less-followed investment class. State Street Corporation (NYSE: STT) has announced that its State Street Global Advisors has launched a new ETF…
Eastman Kodak (EK) Shares Fall On KKR Investment
KKR must not carry the clout it once did. Eastman Kodak (EK) announced that it expects to raise up to $700 million through a series of financing transactions, including a commitment from KKR to…