The Russians are coming! The Russians are coming! Based on a report in The Wall Street Journal, Digital Sky Technologies, a Russian investment group wants to put $200 million into Facebook for preferred stock.…
Playboy Enterprises Inc. (NYSE: PLA) is sitting in a tough spot. This morning there is a report that the company has the bunny franchise up for sale. We have looked at this very notion…
American International Group, Inc. (NYSE: AIG) has announced that Chairman and CEO Ed Liddy will be stepping down. He is actually waiting for the board of directors to conclude a search for a replacement. …
The S&P Credit rating change of “negative” from “Stable” for The United Kingdom may not matter to most Americans, but the implications are there for the United States. England losing its “AAA” rating would…
There is an interesting question that we would like to pose after hearing about an 800 million share or 825 million share secondary coming from Bank of America Corporation (NYSE: BAC). If you were…
The Allstate Corporation (NYSE: ALL) has decided to not participate in the Troubled Asset Relief Program, or the TARP, after a careful review by the company. Management believes the company is strongly capitalized without…
It is no secret that several large banks want to pay back the TARP money that they took from the government in some cases against their will. Goldman Sachs (GS), Morgan Stanley (MS), and…
A comprehensive survey by The Wall Street Journal shows that “Commercial real-estate loans could generate losses of $100 billion by the end of next year at more than 900 small and midsize U.S. banks…
Bank of America Corporation (NYSE: BAC) is getting a rather strong bid in early trading this morning. Goldman Sachs raised its rating on the largest bank by deposits to the “Conviction Buy List.”
The federal government’s theory seems to be that capping the pay of the most talented people on Wall St. will not cause them to march out the doors to better jobs at small firms…
We have just gotten the Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) holdings for the end of Q1-2009. The cut off date here was March 31, 2009 and there are some changes that…
Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) holdings for the first quarter of 2009 are now out for the cut off date here of March 31, 2009. There are some changes from the…
American Express Co. (NYSE: AXP) is probably feeling a little lucky today. On a day that the market is lower its shares are only down 2% after the company disclosed in an SEC filing…
DryShips Inc. (NASDAQ: DRYS) is seeing its shares surge on news that it has received waivers from lenders. We have been expecting this for some time, and fairly recent reports of a share sale…
We are seeing yet another wave of secondary offerings that have priced between yesterday’s close and this morning. The offerings we have seen come to more than $1 billion and are from American States…