China has loosened up its regulations and will now allow banks to distribute foreign mutual funds later this year. Winners are expected to be Citigroup, Inc. (NYSE: C) and HSBC Holdings plc…
The stock market may have bounced after six straight weeks of selling, but things were getting bad enough that even the solid market leaders like Apple were being taken to the woodshed. …
Capital One Financial Corporation (NYSE: COF) may have just wiggled its way into being one of the few top banks in America. The company is acquiring ING Direct USA from ING Groep…
Obama has tried to get the business community to support his concern that the lack of approval of an increase in the debt cap would be a catastrophe (Reuters) A former head…
Bank of America Corporation (NYSE: BAC) has found itself as the king of the mortgage mess after it decided to acquire Countrywide. By acquiring the company’s corpse rather than trying to just…
Hackers broke into Senate computers. (Reuters) Chinese inflation hit a 34-month high last month. (Reuters) A slow economy could affect debt talks between the Republicans and Democrats. (Reuters) Oil moved higher on…
One school of thought about negative publicity is that its impact dissipates over time. It is hard to disprove that theory, especially in the case of large companies. And sometimes it takes…
When investors get nervous, the one stock market segment that finds attention is “value funds” as investors look for protection but can still get upside of the stock market. Following the recent…
Regions Bank (NYSE: RF) had a very rough day as more and more pressure came out about banks in general and in banks that still have some past issues they are fighting…
Did you heed the call “Sell in May and Go Away!” this year? It turns out that as of mid-day we now have nearly half of the 30 Dow Jones Industrial Average…
Moody’s is not without question over how it rated (and still rates) many issues after the credit crisis. The problem with that caveat is that ratings agencies are still considered relevant by…
No industry was able to avoid short selling activity, particularly among its largest companies. Tech, automotive, conglomerates, consumer goods, and financial shares were all under pressure, and big firms took the brunt…
This week we highlighted some of the big whale watching portfolio changes. Yep, the stock holdings from the likes of Warren Buffett at Berkshire Hathaway Inc. (NYSE: BRK-A), and other great billionaire…
Liberty Media offered $1 billion for Barnes & Noble. (NYSE: BKS) (Reuters) Tepco lost $15 billion. (Reuters) Goldman Sachs (NYSE: GS) expects to receive a summons from the US government shortly. (Reuters)…
Jon OggMany Dow Jones Industrial Average stocks have just recently sold off more than 10% and many are almost at that key 10% sell-off mark. Historically investors have used 10% as the…
