Stock Tickers: BSC, GS, LEH, MS This Week could have quite easily been titled "Brokerage Firms Earnings Season." We have earnings reports from the major bulge-bracket Wall Street firms this week. On Tuesday, Lehman…
Eddie Lampert’s ESL Investments is reportedly set to raise a few billion dollars for the new ESL hedge fund. What would Lampert be able to do with more money? He’d be able to take…
Stock Tickers: AMTD, ETFC, SCHW, IBKR S.A.C. and JANA have issued a response to TD AMERITRADE’s (AMTD-NASDAQ) noting that this was not necessarily the best time to pursue a combination. Of course they are…
Cramer has said he’s been a big backer of NYSE Euronext (NYX-NYSE) and was up on it early, but it has been a disaster since he named it his #1 Growth stock of the…
In a somewhat surprising move, Prudential Financial, Inc. (PRU-NYSE) has decided to jettison its institutional equity research, sales, amnd trading business known as Prudential Equity Group. This will affect equity research operations including its…
JANA Partners and S.A.C. Capital Advisors notified TD AMERITRADE that their funds have an aggregate “economic interest” in approximately 50 million shares of TD AMERITRADE, amounting to 8.4% of the outstanding stock, and plan…
Berkshire Hathaway (BRK/A-NYSE) has one serious impediment to getting involved in a buyout of Dow Jones (DJ-NYSE) as some speculate could happen at the right price. Back on March 1, 2006 Berkshire Hathaway completed…
The Blackstone Group L.P. has set its IPO terms for its 133,333,334 million limited partnership units in an initial range of $29.00 to $31.00 per unit. These are units rather than ‘shares’ because of…
There is a recent boutique research report from earlier in the week showing a list of potential private equity targets from a specialty brokerage firm that I was very positive on from even before…
Today was the last trading session for Kinder Morgan Inc. (KMI). The acquisition of KMI by investors including Chairman and CEO Richard D. Kinder has closed. Additional investors include co-founder Bill Morgan, board members…
On today’s STOP TRADING on CNBC, Cramer said this is a soggy day in the market and he thought Coca-Cola (KO), Disney (DIS), and others besides the merger would have taken the market further…
Stock Tickers: ETFC, AMTD, SCHW, NITE, OXPS, TRAD, IBKR The short interest in online brokers is often a guage as to what traders are thinking about the markets because it is one of the…
Duff & Phelps Corporation, has filed to come public in an IPO under the “DUF” ticker on the NYSE. The underwriting group is rather large with Goldman Sachs and UBS as lead underwriters and…
Stock Tickers: MS, GS, BSC, AGE, JEF, RJF, MER, LEH, IAI The short interest for MAY 2007 looks a bit mixed in the brokerage firm stocks from April to May, although on a net…
Stock Tickers: JPM, STI, USB, NCC, STT, BAC, C, WFC, BK The short interest for MAY 2007 is out., and there is notreally any trend in the large money-center and super-regional banks sector. We…