Europe Banks Face $587 Billion In Credit Losses
Stress tests of the balance sheets of Europe’s twenty-two largest banks shows that they have credit losses that will reach a total of $587 billion between this year and next. The analysis…
Stress tests of the balance sheets of Europe’s twenty-two largest banks shows that they have credit losses that will reach a total of $587 billion between this year and next. The analysis…
Short sellers posted a mixed record on big banks. Short interest in Citigroup (C) plunged by 73% to 177.5 million shares. The short interest in Bank of America (BAC) was down 18% to…
It may be a decade or more from now, but the time will come when there are no bank branches at all. Broadband will be in 90% of American homes. Banking will…
Reuters: The young and affluent in China may become more active consumers. Reuters: The G20 is looking to nurture the recovery and add financial safeguards. Reuters: Taxpayers may never get back all…
Reuters: A dispute over tires is making trade talks among G20 nations difficult. Reuters: Bank of America (BAC) will give Congress documents about Merrill. Reuters: Th G20 is looking at ways to…
These are this Tuesday morning’s top day trader alert stocks and actively trade stocks. We have more detailed price and volume analysis and data on each stock with links provided through at…
“We think that the American taxpayer will be fully repaid” under the company’s plan”—Ed Liddy, AIG CEO, May 13, 2009 “At the end of the day, we believe we will be able…
Citigroup Inc. (NYSE: C) has been one of the most active stocks on the NYSE for weeks and weeks now. Despite low price stocks usually not being strong in options trading volume,…
Citigroup (C) CEO Vikram Pandit admitted what most people already believe. Paying an individual banker $100 million in the current climate is not responsible or right. According to Reuters, when asked if $100…
Reuters: If China opens its financial markets it could cause a huge bubble. Reuters: US regulators may ban “flash” trading. Reuters: Buffett may control the Kraft (KFT) decision to buy Cadbury. Reuters: …
Reuters: The competition to dominate the green car market is increasing. Reuters: Obama will pressure the G20 on Wall St. reform. Reuters: Oracle (ORCL) earnings missed targets. Reuters: Opel’s sales shows power…
While everyone is stuck talking about the one year anniversary of the Lehman implosion and the real start of the next-to-last big leg down in the financial sector, there is a significant development…
These are this Wednesday morning’s top pre-market day trader alert and active trader alert stocks moving on unusual trading volume. We have a link through to more color and analysis on price…
Reuters: Obama’s move on trade with China makes good on a promise to labor. Reuters: Uninsured Americans hope healthcare reform will bring them coverage. Reuters: Adobe (ADBE) will buy Omniture for $1.8…
These are this morning’s top pre-market day trader alert stocks. We have more color and more detail on price and volume analysis linked through to each at VSInvestor.com: Best Buy Co. (NYSE:…