By Chad Brand of Peridot Capitalist Investors hoping Citigroup (C) CEO Chuck Prince would break up the company into smaller parts in order to significantly boost shareholder value will have to wait a…
I briefly noted that on CNBC’s STOP TRADING segment that Cramer said Bank of America (BAC) may be telegraphing that they are going to buy someone. He said the equivalent of, "Please Don’t Do…
As a reminder, Monday, January 15 is a market holiday as most of the US financial markets will be closed to observe Martin Luther King Day. We should have numerous review and new posts…
Stock Tickers: PLSB, WFC, FCBP, USB Placer Sierra Bancshares (PLSB) is being acquired by Wells Fargo (WFC) in an all stock merger under different terms than a normal bank buyout from a megabank of…
By Yaser Anwar, CSC of Equity Investment Ideas JPM has posted strong revenues in 2006, driven by solid investment banking fees and excellent trading performance. Management’s outlook for 2007 investment banking is very positive…
Cramer’s #1 Growth Stock for 2007 is the NYSE (NYX). He thinks it will blow past estimates and keep flying. He loves the fact that they are essentially self-regulating and can set whatever terms…
By Yaser Anwar, CSC of Equity Investment Ideas The 4th Q saw strong investment banking and positive trading results. Commodities performed well for most of these firms and the historical seasonal weakness of trading…
By Yaser Anwar, CSC of Equity Investment Ideas ON tuesday the majority of Euronext shareholders voted to approve the Euronext’s merger with the NYSE Group. Each Euronext share will be exchanged for 0.980 shares…
Washington Mutual built its reputation on rapid expansion of branchs and an ultra-aggressive mortgage operation–which its continued to expand into the teeth of the housing recession. The bank’s share price has only risen 14%…
The CEO of Bank of America said that buying companies in Europe was not near the top of his list of priorities. It does not even appear to be near the top. After Merrill…
Is this a change from Cramer on his stance on Big Pharma? He is saying Pharma isn’t working this morning in TheStreet.com video today. He said options are driving trading instead of fundamentals, and…
Stock Tickers: RHT, RHAT, MSFT, ORCL, NOVL Red Hat, the leader of a standalone Linux O/S and Office Suite for in-store boxed software suites, has completed its transition from a NASDAQ listing to the…
Goldman Sachs (GS) posted earnings this morning at $6.59 on a diluted basis, but the number before items is a tad higher at $6.77 EPS, The street was looking for $6.00 to $6.10, but…
Stocks: (C)(JPM)(BAC)(PUK) There is no amount of bad press or investor discontent that can keep Citigroup from buying new pieces to add to its empire. Now that the rumors of a Bank of America…
The head of Barclays sold shares in the bank to prove that Bank of America had made no bid, nor was it likely to. He could not sell of he had knowledge of a…