Annaly Capital Management, Inc. (NYSE:NLY) announced the filing for an IPO of Chimera Investment Corporation under the NYSE tick "CIM." Chimera is a newly-formed specialty finance company that will invest in residential mortgage loans,…
These intra-meeting cuts like the 50-basis point discount rate cut this morning, even if this one is the discount rate rather than the funds rate, do act as stabilizers and you are seeing it…
On tonight’s MAD MONEY on CNBC, Jim Cramer discussed why Wachovia (WB), Wells Fargo (WFC), and Bank of America (BAC) were all up big today; and some even higher than before the mortgage malaise…
If someone told you that Charles Schwab Corp. (NASDAQ:SCHW) was back in positive territory on the day the market fell 300 points in the DJIA AND on a day that many of its customers…
Yesterday evening’s FED FILINGS shows some interesting increases in holdings in Warren Buffett’s Berkshire Hathaway (NYSE:BRK-A). He boosted holdings in his financial stocks, and it is helping the stocks today. Keep in mind that…
E*Trade Financial Corp. (NASDAQ:ETFC) released the industry metric that Wall Street looks at to see how its overall trading revenues are going. Its DARTs (daily average revenue trades) rose a whopping 20.8% in July…
Bloomberg is reporting that $8 billion Global Alpha hedge fund is down 26% this year and 40% since July 31. The fall is going to cost Goldman Sachs (GS) a lot of money. The…
The Blackstone Group, LP (NYSE:BX) will post earnings for its units on Monday morning, August 13. First Call looks like the estimates were $0.46 EPS, but investors should be cautious on any set number…
This morning we have had an IPO filing with the SEC from a company called CreditCards.com. If this is not ironic because of the current credit meltdown and liquidity squeeze, then irony no longer…
In another sign that very few will make it public in a troubled market, Man Group, the largest publicly traded hedge-fund is cancelling its plans to have an IPO of Man Dual Absolute Return…
Countrywide Financial Corp. (NYSE:CFC) has filed its 10-Q quarterly report with the SEC, and the stock has gotten hammered in after-hours trading with a drop of more than 10%. Investors should understand that many…
American International Group, Inc. (NYSE:AIG) posted earnings ahead of estimates with $1.64 EPS on $31.15 Billion, which compares to First Call estimates of $1.61 EPS & $30.1 Billion revenues. On an adjusted basis, the…
If private equity is really dead, then why did a $21.7 Billion private equity fund just get closed upon. The Blackstone Group (NYSE:BX) has sent out notice that today was the final closing of…
On today’s STOP TRADING segment on CNBC, Jim Cramer said that Thornburg Mortgage Inc. (NYSE:TMA) is one of the companies in mortgage land that is bad short that will hurt the traders betting against…
On tonight’s MAD MONEY on CNBC, Jim Cramer said that today and this week proves sometimes you can’t be too bullish. You need a measure for an ‘all-clear’ signal to see when the market…