No Hostile Takeover Of Lehman (LEH)
Speculation has begun that the shares in Lehman (LEH) are so cheap that the brokerage might become the target of a hostile takeover. Not likely. Dick Bove of Ladenburg Thalmann has begun a "rumor"…
Banking, finance, and taxes
All Banking, finance, and taxes Articles
Newest first · Page 273Citigroup (C) Downgrades Everyone But Itself (LEH)(MS)(GS)
The rule on Wall St. is that securities analysts don’t rate their own firms. Now that brokerage research departments are no longer slaves to investment banking, the independence of analysts is supposed to be…
Aladdin & Vector Capital, Another Questionable Deal (ALDN, CREL, CAPA)
Aladdin Knowledge Systems (NASDAQ: ALDN) has confirmed that it received a confidential and unsolicited proposal from private equity firm Vector Capital to acquire the company. The company notes that Vector’s proposal includes a potential…
VeriFone’s Long Journey on the Rehab Trail (PAY)
We noticed a huge surge in activity over at Volume Spike this morning in shares of VeriFone Holdings Inc. (NYSE: PAY). You can thank the company finally giving a positive outlook and its cleaned-up…
As Shareholders Bleed To Death, Bank Of America (BAC) Honored For Environmental Commitment
Why any bank which has undermined the value of its shares by poor management and taken billions of dollars in low-cost loans from the Fed would promote it environmental intiative is beyond imagining. Bank…
Carlyle Chairman Retires (IBM)
Private equity giant The Carlyle Group has announced that Lou Gerstner will retire as Chairman of Carlyle and will become a senior advisor to its buyout funds in the U.S., Europe, and Asia. Carlyle…
TDAmeritrade (AMTD), Oppenheimer (OPY), And Raymond James (RJF) Try To Dodge Auction-Rate Buy-Backs
Several of the modest-sized investment houses say they should not have to buy back auction-rate securities which they sold to their customers. The dog ate their homework.
Another Prediction A Large Bank Will Fail (LEH)(WB)(WM)
Nouriel Roubini, the NYU economist, has predicted the US is moving into its worst downturn since the Great Depression. He forecasts that hundreds of banks will fail. But, he is an "independent" on the…
Morgan Stanley (MS) 2009 As A Year Of The Locusts
In the current age of financial pessimism, Morgan Stanley (MS) does not want to be bested. In a show of unusual courage, its president is predicting that the world of Wall St. will get…
Lehman (LEH): The Executioner’s Song
Lehman (LEH) has just begun to defile itself. After several quarters of losses and promises of better days, the press is reporting that the brokerage will have negative earnings for the most recent period…
Banks Look To Refinance Maturing Debt As Capital Issues Abound (C) (BAC)
With nearly all of the top investment banks in a precarious financial position as a result of horrific investments in bad debt, banks have no shortage of things to worry about. But the Financial…
Guru Investment Watch: Buffett, Icahn, Gates, Peltz, Heebner
This week was a huge week as far as getting to see what the large funds and key money managers or investment gurus were putting into their portfolios. We compiled lists and lists of…
Ken Heebner & CGM Stick With Commodities (CNX, BTU, FCX, PBR, HES, SLB, WFT, X, CGMFX)
While many funds and money managers are under watch, Ken Heebner and the investments in his CGM FOCUS FUND (CGMFX) are perhaps more closely watched than any other in today’s current market. Some may…
Buffett & Berkshire Hathaway Holdings A-G (AXP, BUD, BAC, BNI, KMX, KO, CMCSA, CDCO, COST, GCI, GE, GSK)
So far there are some changes seen in the holdings of Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A). We have consolidated these into groups and this group is from A to G, and…
Buffett & Berkshire Hathaway Holdings H to S (HD, IR, IRM, JNJ, KFT, LOW, MTB, MCO, NKE, NSC, NRG, PG, SNY, STI)
These are more of Warren Buffett’s and Berkshire Hathaway Inc. (NYSE: BRK-A) holdings as of June 30, 2008: Home Depot Inc. (NYSE: HD) 4,181,000 shares Ingersoll-Rand (NYSE: IR) 5,636,600 shares Iron Mountain (NYSE: IRM)…