GAIN, or FOREX.COM, Files For IPO
GAIN Capital Holdings, Inc., and online provider of retail foreign exchange trading and related services with the FOREX.COM portal, has just filed to come public via an initial public offering. The IPO terms and…
Banking, finance, and taxes
All Banking, finance, and taxes Articles
Newest first · Page 225When Banks and Brokers Downgrade Each Other (BAC, MS)
It is usually a wonder when you see bank and brokerage firms analyst upgrades or downgrades on competitors in the bank and brokerage sector… Are they really downgrading themselves? That is the question regarding…
Audits Of The Fed May Begin Soon
Barney Frank and other Congressmen are anxious to pass a law that would allow the government to audit the Fed including what its assets are, how they are lent, who they are lent to,…
The Fed’s $14 Billion Paper Profit
The Fed has made so many bank loans, most of them short term, over the last several quarters that it would bound to lose money. But, it hasn’t so far. The agency has made money on…
Trader Crack: AIG Goes To $100 (AIG, C, BAC, HIG, MET, YHOO)
The DJIA has risen for eight straight days and the verdict is still out as to how today’s close will go. With major indexes trading over 50% above their March lows and with all…
Starbucks Snags S&P Upgrade (SBUX)
The debt ratings agencies might be tarnished on many fronts, but traders for debt and equities still pay attention to debt ratings agencies when they raise ratings on companies. That is exactly what has…
The Return Of Speculation
The volatility late last year and in March should have pushed all of the speculators out of the US stock markets. Very few investors made money and a number of individuals and funds were…
Famous Last Words: “In many important respects, financial markets are returning to normal.”
Most real financial catastrophes play out over a period of years, or they would not be catastrophes at all. The markets are disrupted briefly by an event or two and then go back in…
Paulson Adds Citi to B of A, Goldman, and JPMorgan Holdings (C, BAC, COF, GS, JPM)
Paulson & Co. Inc. has become a very influential firm that can now move a market after John Paulson made billions from properly betting against the fate of the US financial and banking sector…
Plains Capital Corporation Files for IPO (PCB)
Plains Capital Corporation, a Texas-company involved in banking, mortgage origination and financial advisory, has filed to come public via an initial public offering of its common stock. While no financial terms nor a set…
Many SPAC Changes Ahead of Key Votes & Dates (HLD, CFQCF, CACA, WTWG, AUCUF, GHC, CSAQF, WTWG, IDI)
There is quite a bit changing in the land of special purpose acquisition companies, a.k.a. SPACs. We have been provided some key special purpose acquisition data by SPACupdate.com, which tracks major stock and warrant…
Instinet Making Options Platform Acquisition (NMR)
Instinet is often thought of as one of the oldest electronic communications networks, or ECN’s, which traders have used for years for equities trading; but now it is effectively an agency broker. It looks…
SEC Faces Trouble With B of A (BAC) Settlement
By Douglas A. McIntyre The federal judge who was supposed to approve a $33 million settlement between Bank of America (BAC) and the SEC over omissions in the bank’s proxy statement for approving the…
China Networks Set to Move off Pink Sheets to AMEX (CNWHF)
China Networks (OTC:CNWHF), which went public through SPAC Analyst Acquisition, is prepared to trade again on the AMEX after being moved to the OTC Pink Sheets for failing to maintain mandatory shareholder minimums.
Bank Of America (BAC) Says Merrill Bonuses Were Just Fine
The settlement over Merrill Lynch bonus payments that has been negotiated between the SEC and Bank of America (BAC) is a sham. The compensation that was paid was legal, after all. Why should the…