By Chad Brand of Peridot Capitalist Short term market movements are often the result of what I call "guilt by association" trading. Along with the dramatic decline in sub-prime mortgage lending stocks, there has…
Flagstone Reinsurance Holdings Limited has filed to come public via an IPO under the "FSR" ticker on NYSE. It has noted $175 million in share sales to be the amount, but that is for…
We have spent a good deal of time running various screens over the past few days looking for the occasional name or industry that might be running a bit hot, and could be due…
Zecco finished last in the Barron’s survey of online brokers. Brokers were ranked on eight criteria from range of offerings to research to customer service and costs. The top brokerages, TD Ameritrade and optionsXpress.…
Ah, Citi (C). Maligned by almost every Wall St. analyst. The calls for the CEO’s head. The break-up plans. But, an odd thing has happened recently. Citi is not longer a big laggard among…
Word from the Sunday Telegraph is that HSBC (HBC) will write down $11 billion in mortgages These loans are part of the Household operations that the bank bought. Fremont General (FMT) has announced that…
Any trader knows that if the market continues as a crummy market that IPO’s are generally about as fun to trade as fun is to insurance seminars. So if we keep sliding or if…
The New York Stock Exchange (NYX-NYSE) is being looked at by the SEC over its trading glitch and whether or not the switch to an all-electronic trading platform was partially responsible for the 200+…
The SEC is looking into the tax treatment of Citigroup’s (C) purchase of Associates First Capital in 2000. The purchase price of the sub-prime lender was over $31 billion. The accounting for tax reserves…
Who would acquire ABN AMRO (ABN-NYSE/ADR)? First, let’s review the metrics about the company. This morning shares are up 5% in the US listed ADR’s on reports that TCI Fund Management ‘believes’ that a…
KBW Inc. (KBW-NYSE) this morning has done some of what we had been expecting, although now it feels perhaps above and beyond expectations. The company beat earnings $0.88 basic EPS instead of $0.35 EPS…
E*Trade announced that it will allow its customers to trade on the Toronto Stock Exchange, the Tokyo Stock Exchange, Euronext Paris, the Hong Kong Stock Exchange and the London Stock Exchange. A survey by…
Poor Charles Prince. He is being threatened by the press, his largest shareholder who he recently visited in Saudi Arabia , and anyone else who is looking for the next whipping boy CEO to…
Another blank check company has also filed to come public via an IPO today. Inter-Atlantic Financial has filed to sell 7.5 million units at a propsed $60 million capital raise, but the IPO filing…
JMP Group, a boutique investment banking firm and asset manager in San Francisco, has filed to come public via an IPO this morning. It has listed its own JMP Securities, Merrill Lynch, and Keefe…