Bove Runs Up Citi Again (C)
Citigroup, inc. (NYSE: C) is back under focus by an old bull in the stock. Dick Bove of Rochdale Securities has started coverage of the troubled bank with a BUY rating and a $4.00…
Banking, finance, and taxes
All Banking, finance, and taxes Articles
Newest first · Page 232Heads Of Bailed Out Firms Still Love Their Private Jets
The Wall Street Journal, in a bit of investigative reporting, found that the CEOs of companies that have received federal bailout funds are still having fun using their firms’ private jets. Or, in some…
Blackstone Heading Deeper Into China (BX)
Blackstone Group LP (NYSE: BX) looks like it is going to get a much stronger foothold in China. A report from Reuters has the private equity giant in talks with the local city government…
Bank Of American (BAC) Still Making Millionaires Out Of Employees
Bank of America’s (BAC) addiction to giving its senior employees huge bonuses has not ended. These used to be based on “performance.” A banker who created toxic asset products that could be sold to…
Some Signs Of Life In Biotech Funding Field
If you’re a CEO of a small biotech company, raising money isn’t necessarily getting easier, but there are a few signs that money could be starting to loosen up a bit. The Boston Globe…
S&P Looking For More Bank Losses (WFC, CMA, USB, BBT, RF, COF, FITB, HBAN, SNV, WTNY, FAS)
Standard & Poor’s may still have at least some relevance in its debt ratings. This morning we saw a wave of downgrades at banks by the debt ratings agency on systematic-risk and non-systematic risk.…
The Regulation Of Financial Markets To Improve Consumer Protection
Pause and consider for a moment the fact that no amount of regulation of financial markets can squeeze the effects of stupidity out of the system. The Administration plans a radical overhaul of how…
Bove’s Bank of America Call Confusing To Bulls & Bears (BAC)
Bank of America Corporation (NYSE: BAC) is having a hard time finding its footing this morning. Rochdale Securities’ Dick Bove has a research note that is leaving investors and traders scratching their heads. Bove,…
Remaking Financial Regulation One Brick At A Time
The Administration is about to release its new plans and programs to regulate financial firms and the trading markets so the the catastrophe of 2008 can never happen again. The core of the policies…
B of A Cuts TARP Giants (BAC, JPM, GS, MS)
Bank of America Merrill Lynch (BofA-Merrill), the new name for the brokerage arm of Bank of America Corporation (NYSE: BAC), has come out this morning with a cautious call on brokerage firms and bank…
The Federal Reserve Loses Money On Every Investment, Will Have To Make It Up On Volume
The Federal Reserve issued the first installment of what it calls its ongoing series of monthly reports that provides new information on its credit and liquidity programs. Most of the June report was dry,…
Bond Yields Now Compete With Stocks For Investor Funds
It seems that rising bond yields may have finally started to compete for some of the investment dollars which have been either been investing in stocks or sitting on the sidelines. Today’s 10-Year Treasury…
Changing CEO’s During Palm Pre Launch, Risky Notion (PALM)
What do you do as an investor when you have a hot product launch that is the entire future of a company and a new CEO gets named to replace a long-term company leader? …
Dell Shows More Corporate Bond Market Healing (DELL, MSFT)
Dell Inc. (NASDAQ: DELL) raised $1 billion in the corporate bond issuance markets today. While these are shorter-term than many others, this is just further and further evidence that corporate bond spreads are tightening…
With Pay Cap Restrictions Faltering, Will Talent Return To Wall St.?
Wall St. firms and the large money center banks with investment and M&A arms have continued to insist that their best talent will head to private equity firms and hedge funds as opportunities for…