The Treasury is finally allowing some of the TARP recipient banks that posed the least systematic risk to begin repaying the Treasury’s preferred stock funds. This will get these institutions out from…
These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Tuesday morning with about two hours until the market opens: athenahealth…
It is no secret that the banks that can pay the money back want out from under the Troubled Asset Relief Plan, or the TARP. It is also no secret that the…
It is looking pretty thin in new great research calls from Wall Street today. Here are the top analyst calls seen as of 7:30 AM EST this Tuesday morning: Aqua America (WTR)…
Finally, the stress tests are out for the US banking and financial institutions. Of the banks, 10 of 19 banks need a combined $74 billion of equity.The good news is that a…
According to Reuters, Bank of America (BAC) shareholders voted to separate the chairman and CEO roles and Ken Lewis was replaced as chairman. Reuters reports that talks to keep Chrysler out of…
According to Reuters, a price battle among goods makers is beginning. Reuters reports that payments to AIG (AIG) employees is causing rage among people already concerned about the bailout. Reuters reports that…
The Williams Companies, Inc. (NYSE:WMB) announced this morning that it was “initiating a private debt issuance to certain institutional investors.” The notes have not been registered with the SEC and will not…
An affiliate of State Street Corporation (NYSE: STT) reported this morning that its ETF SPDR Gold Trust (NYSE: GLD) has amassed more than $30 billion in assets. That makes the trust second…
There is not going to be much positive press today about the U.S. banking sectors. The top CEOs of America’s banks are going to testify before the House Financial Services Committee. Despite…
It seems that Uncle Sam via Treasury and via Congress is going to give the markets what they want. TARP, TALF, Bad Bank, aggregation, accounting rule exceptions, and the rest. If you…
According to Reuters, the financial crisis may speed up the approval of the Treasury Secretary. Reuters reports that Fiat has set a deal to own 35% of Chrysler. Reuters reports that an…
The so-called fiduciary banks were never supposed to be immune from the woes of the financial sector. They were supposed to be more-resistant than most depository and lending institutions. Ask anyone holding…
State Street Corp. (NYSE: STT) has filed for the potential resale of preferred stock, common stock, and warrants which was purchased by Uncle Sam in a recent transaction. This allows for the…
Douglas A. McIntyre Genworth (GNW) Concerns that mortgage insurance company has too much exposure in housing disaster. Down to $3.51 from 52-week high of $32.33. State Street (STT) Concerns about exposure to AIG (AIG) and…
