Why Citi (C) Can’t Fire Chuck Prince
Citigroup CEO-for-life Chuck Prince engineered another major reorganization of his senior management group. This time the reason was all of the mortgage and fixed income losses the bank had. The ones that…
Citigroup CEO-for-life Chuck Prince engineered another major reorganization of his senior management group. This time the reason was all of the mortgage and fixed income losses the bank had. The ones that…
According to Reuters, several retailers cut holiday forecasts and the economy slows. Reuters writes that Chrysler has reached an accord with the UAW. Reuters reports that Boeing (BA) has delayed delivery of…
Below are the major changes in short interest in NYSE listed companies comparing the figures on September 28 with those on September 14. Largest Short Positions Company …
There was some hope that as mortgage problems and hedge fund headaches took down shares and earnings of investment banks like Lehman (LEH) and Morgan Stanley (MS) that global M&A fees would…
There was no clear direction in the change in NYSE short interest on the major bulge bracket brokerage firms. If you look at the earnings this week, Goldman Sachs seems to have…
Private equity firms J. C. Flowers & Company and Friedman Fleischer & Lowe were going to buy Sallie Mae, the student loan organization, for $25 billion. When credit problems started to hit…
On Thursday, September 20, we get the dual reports from Bear Stearns (NYSE:BSC) and from Goldman Sachs (NYSE:GS): Bear Stearns is expected to post $1.78 EPS on $1.65 Billion in revenues. On…
(AIR) AAR Corp. $0.36 EPS vs $0.39 est.(CMO) Capstead Mortgage will sell 8.5M shares of common stock.(DT) Deutsche Telecom’s T-Mobile won iPhone exclusivity in Germany.(EPAY) Bottomline Technologies announced a strategic pact with…
Lehman Brothers Holdings Inc. (NYSE: LEH) has just reported net income of $887 million, or $1.54 per common share (diluted), for the third quarter ended August 31, 2007. This does represent a…
The overall news front is in a lull, but financial stocks and the market are going to be closely watched. The FOMC releases its decision on interest rates Tuesday. The bet if…
Constant Contact is now closer to coming public as it has an amended S-1 filing with the SEC, and it has the proposed ticker of "CTCT" on NASDAQ (NASDAQ:CTCT). The company originally…
Stocks Tickers: MCO, MHP, XLF, GS, MS, MER, LEH, BSC, C, BAC, JPM, WFC, WB You will have to have a subscription in order to access the full article, but Moody’s has…
Discover Financial Services (DFS-NYSE) has been trading for one trading week now, albeit it is technically a 3 and a half day week. Now that the distribution of these shares is complete…
Stock Tickers: GS, MER, MS, LEH, BSC The raw number of shares that are measured in the short interest in bulge bracket brokerage firm and investment banking stocks did increase, although if…
Stock Tickers: TYC, MS, F, CY, SPWR, TRB, KFT, MO, HB, ASD, EMC, DJ, AA, WY It is always interesting to see how short sellers treat shares of stocks that are undergoing…