AIG (AIG) May Pay Money To Hedge Funds
Since AIG (AIG) is handing out money to anyone it can find, why not give some cash to hedge funds to help them show profits and potentially make their partners millions of dollars. According…
Banking, finance, and taxes
All Banking, finance, and taxes Articles
Newest first · Page 245Meredith Whitney’s Replacement at Oppenheimer Far Less Negative (GS, MS, BAC, C, JPM)
Meredith Whitney is and was one of the most influential banking analysts on Wall Street. She was negative on the banking and investment banking sector for roughly two years and has been credited as…
Banks & Brokers Covering Each Other (BAC, C, JPM, GS, MS, HBC)
As you will see below, there are many new calls in the banking and brokerage sector this Tuesday morning: Morgan Stanley (NYSE: MS), Goldman Sachs (NYSE: GS) Started as Outperform at Oppenheimer. Bank of…
Ten Stocks That Should Double (GE)(GCI)(AAPL)(YHOO)(MSFT)(COP)(XOM)(CVX)(BP)(TSCM)(CBS)(SONC)(M)(C)
Now that final numbers from 2008 have been filed for most large US companies, 24/7 Wall St. is picking several stocks that are likely to double off of their lows, almost all of which…
Barclays, iShares, and Selling the Crown Jewels (BCS)
Barclays plc (NYSE: BCS) is trading higher on word that it may sell off its valuable iShares unit. This is the golden child of the ETF industry. The reports from the WSJ note that…
Citi Discloses New Independent Board Members (C, USB, BOH)
Citigroup Inc. (NYSE: C) has disclosed those four new independent board members that it is nominating for election at the April 21 shareholders’ meeting. There were reports last week that these would be established…
AIG (AIG) Discloses Who Received Payments From Federal Funding (I.E. Goldman Sachs (GS) Had A Good Day
After days or pressure from Congress and the public, AIG (AIG) released data about which counterparties to it credit default swap portfolio got large chunks of money from the federal government bailout of the…
Financial Outrage Of The Week: AIG (AIG) To Pay $450 Million In Bonuses
According to The Wall Street Journal, AIG (AIG) will pay $450 million in bonuses to people in the firm’s financial products group, where may of the insurance company’s losses originated. The paper says that…
Would Direxion Financial Bull 3X Consider Reverse Split? (FAS, FAZ)
Day traders, ETF investors, hedgers, swing traders, and more have been using the Direxion financial leveraged ETF’s as their go-to trades in the financial sector. Direxion Financial Bull 3X Shares (NYSE: FAS) is the…
American Apparel Secures Needed Investment (APP)
American Apparel, Inc. (NYSE Alternext: APP) has confirmed reports of an outside private equity investment. The retail apparel player got $80 million with Lion Capital LLP. This should satisfy most of the concerns which…
Stocks That Should Double: Financials (C)(JPM)(BAC)(WFC)(GE)
This week 24/7 Wall St. is picking several stocks that are likely to double off of their lows. The time frame is by the end of 2010, which is meant to coincide with some…
Citi Starts Online Broker Coverage (SCHW, ETFC, AMTD)
Citigroup has initiated coverage of the discount and online brokerage universe this morning. There is a mix of coverage in the call rather than a positive or negative for the whole group.: Charles Schwab…
Freddie Burns Another $23.9 Billion (FRE, FNE)
If you are in the financial watch community and not feeling well, you might not want to read the financial statement from Freddie Mac (NYSE: FRE). And it will rub off on Fannie Mae…
Jamie Dimon Plays Offense (JPM)
Jamie Dimon, Chairman & CEO of JPMorgan Chase & Co. (NYSE: JPM), gave a powerful speech to the US Chamber in Washington D.C. today. Mr. Dimon spoke of many of the issues that got…
Should The Market Ever Go Up 7% In A Day?
In a poor economy and a market that is trading down on most days, a drop of 7% may be breathtaking, but it is not unexpected. With predictions of 7% or 8% GDP contraction…