Reuters: A plan for universal healthcare in China could cut the savings rate. Reuters: Bank regulators are opposing the Obama shake-up of the system. Reuters: Bank of America (BAC) settled SEC charges…
The stock price of Berkshire Hathaway (BRK-A) hit $100,000 today, up from a 52-week low of $70,000, but still well off its period high of $147,000. Berkshire’s chief Warren Buffett has made…
Bank of America (BAC) got off with a $33 million fine “to settle charges that it made false and misleading statements” about bonuses paid to Merrill Lynch employees. The case what brought…
Douglas A. McIntyre We recently gave a list of companies which we thought Warren Buffett might want to consider selling or lightening up on after Berkshire Hathaway Inc. (NYSE: BRK-A) disclosed that it had finally…
Andrew Cuomo, who is running for governor of New York State without having announced it, is denouncing Wall St. because of its big pay packages while in his current role as state…
Analysts have hoped that the rate at which Americans become unemployed will slow in the second half of 2009. There has been some evidence that the period in which the economy would lose…
Reuters: The recession has badly hurt investments in green technologies. Reuters: Obama called for deeper China ties with the US. Reuters: BP’s (BP) profits fell sharply. Reuters: Bank of America (BAC) will…
Short sellers are will to bet, at least for now, that the worst of the banking earning crisis is over. Short interest in a number of large financial companies fell sharply for…
Many investors feel that their brokers led them astray when the market collapsed. Brokers may not have suggested moving money to safe havens, or they may have suggested that clients double down…
Economists debate the impact of the U.S. economic stimulus plan, and if a second round of stimulus is needed. But there’s no doubt that China’s plan is working for us. In the…
These are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity. There are links through to more detailed coverage and volume analysis at…
Ken Lewis will be CEO of Bank of America (BAC) forever. Even after being forced into a horrible deal to buy Merrill Lynch by former Treasury chief Paulson. the firm managed to…
Douglas A. McIntyre The Wall Street Journal has two troubling reports. The first is that Bank of America (BAC) operating under an agreement with the government which the paper describes as “a secret regulatory sanction.”…
Reuters: CIT (CIT) may be close to bankruptcy. Reuters: China GDP rose 7.9%. Reuters: Foreclosures hit a record in the first half of 2009. Reuters: Obama pressed Congress on a healthcare bill. Reuters: …
Investor Mark Mobius gets placed in the pantheon of money men including Soros and Buffett. He may not be as rich, but he has been in the market for decades and has…
