Updated throughout the day. Tudor Investments will close its largest fund to investors (Bloomberg) Steve Cohen of SAC made money illegally trading on the RCA buyout by GE (NYSE:GE) (Cohen’s ex-wife) Apollo…
Reuters: Obama’s poll ratings on the economy dropped. Reuters: Bank of America (NYSE:BAC) picked insider Brian Moynihan as CEO. Reuters: Bernanke’s confirmation should pass its first hurdle. Reuters: The US delayed selling…
Citigroup Inc. (NYSE: C) was already in our “top after-hours trading movers” because of weakness in its share price on the discounted secondary offering. That is no longer conjecture. Citi’s secondary offering…
Douglas A. McIntyre We have several key movers in the after-hours trading session tonight. We have more details for price and volume analysis and comparison data on each stock with a link over to VSInvestor.com:…
Updated throughout the day. Citigroup (NYSE:C) will be able to avoid about $38 billion in taxes under an agreement with the government (Washington Post) Playboy’s (NYSE:PLA) buyout talks with Iconix have fallen apart (Bloomberg) Goldman…
Reuters: Galleon’s Raj Rajaratnam was indicted for securities fraud. Reuters: Concerns about interest rates hurt the markets. Reuters: Inconix broke off buyout talks with Playboy (NYSE:PLA). Reuters: Credit Suisse (NYSE:CS) settled a US…
Reuters: Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) will pay back TARP funds. Reuters: Kraft (NYSE:KFT) says it will be disciplined in its Cadbury (NYSE:CBY) buyout effort. Reuters: Some of AIG’s (NYSE:AIG) top staff…
Citigroup’s (NYSE:C) announcement that it will pay back its TARP funds was not enough news for the day from the banking sector. Bank of America (NYSE:BAC) will not hire Robert Kelly current…
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: …