There are many key movers in day trader alert stocks this morning on news events. We have covered each story with a link to more detail and analysis over at VSInvestor.com: Amazon.com,…
There is finally news that Citigroup (NYSE:C) is close to repaying the government as much as $20 billion to return TARP funds so it can get out from under the government’s thumb on issues such as compensation and board appointments. The public…
Douglas A. McIntyre Reuters: Abu Dhabi supplied Dubai with $10 billion in bail out funds. Reuters: Cadbury (NYSE:CBY) is optimistic about its fight against Kraft (NYSE:KFT). Reuters: Arcelor Mittal could cut 10,000 jobs. Reuters: “Naked access”…
Reuters: The pressure is on big oil companies such as Exxon (NYSE:XOM) and BP (NYSE:BP) to find inexpensive oil reserves in Iraq. Reuters: Moody’s (NYSE:MCO) sees no threat to the US debt…
The headlines this morning are that short interest rose a tiny bit on the NYSE and fell on NASDAQ. However, after looking closer into the numbers a different story is being told…
Updated throughout the day. Citigroup (NYSE:C) talks with the government about TARP payments are still pending (CNBC) The head of GM’s Buick division has left after eight days on the job. (Bloomberg)…
Reuters: Dubai said the market’s perceptions of its problems is “softening.” Reuters: Citigroup (NYSE:C) could sell $20 billion in shares soon. Reuters: Hershey (NYSE:HSY) is near a decision on Cadbury (NYSE:CBY). Reuters: …
Short sellers sharply increased their gamble that financial stocks would fall based on short selling data from NYSE and Nasdaq on the last day of November. Shorts pushed into Citigroup (NYSE:C), increasing…
If the rumor mill is accurate, it seems that Citigroup Inc. (NYSE: C) may get to beat Wells Fargo & Co. (NYSE: WFC) in the race to exit the TARP in the…
Reuters: China remains a top investment place for US firms. Reuters: Suzuki sold a stake to VW. Reuters: The Administration will extend TARP until next October. Reuters: The Congressional Oversight Committee said…
Updated throughout the day. Updated 2.33 PM EST: Hollywood companies may buy some game publishers including Electronic Arts (NASDAQ:ERTS) and Take-Two (NASDAQ:TTWO) (Barron’s) Updated 9.54 AM EST: Sprint’s (NYSE:S) customer base is…
Behind the scenes but barely out of sight, Citigroup (NYSE:C) is fighting with federal agencies about how much money it will need to have on hand to exit the TARP program. Taxpayers…
Reuters: Citigroup (NYSE:C) and the government are in a dispute over TARP re-payments Reuters: Japan release plans for an $81 billion stimulus package. Reuters: Morgan Stanley’s (NYSE:MS) new CEO will shuffle top management.…
RBS (NYSE:RBS) is about to lose almost 1,000 bankers due to pay restrictions set by the UK government. The Times of London reports that the managers and traders will move to companies where their pay…
Reuters: The Treasury says the TARP loss will be $200 billion less than expected. Reuters: Cadbury (NYSE:CBY) will respond to the Kraft (NYSE:KFT) offer on the 14th of December. Reuters: Five AIG…
