There were quite a few analyst upgrades and positive research calls this Monday morning. These are the calls we have seen from Wall Street firms early this morning with about two hours…
John Paulson has been well known as a hedge fund manager because of the profits he made from short selling many of the key financial stocks. Yet his new filing shows a…
Short sellers moved out of financial shares in great numbers. As of August 11, the short interest in Citigroup (C) fell 71% to 343 million shares. Share sold short in GE (GE)…
Capital One Financial Corp. (NYSE: COF) and American Express Company (NYSE: AXP) are historically about as similar of companies as they come. Yet at the same time, they are about as different…
These are some of the top pre-market analyst upgrades and positive initiations we have seen early this Thursday morning: American Express (AXP) Raised to Neutral from Underweight at JPMorgan. CarMax (KMX) Started…
Capital One Financial Corp. (NYSE: COF) has some more dismal data regarding the monthly credit card defaults and delinquencies. The defaults rose again in June, bolstered by weak economic data and higher…
Douglas A. McIntyre Standard & Poor’s may still have at least some relevance in its debt ratings. This morning we saw a wave of downgrades at banks by the debt ratings agency on systematic-risk and…
Palm (PALM) may not have had much of a choice in terms of which cellular company was going to market its new Pre. AT&T (T) and Verizon Wireless (VZ)(VOD) were probably not…
Reuters: The Supreme Court delays Chrysler deal. Reuters: The cleared ten banks to repay TARP include JPMorgan (JPM), Goldmand Sachs (GS), American Express (AXP), Cpaital One(COF), State Street (STT), BBT (BBT), Morgan…
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…
Tonight on CNBC’s MAD MONEY, Jim Cramer came out with several sectors that he thinks that President Obama will be trying to change, and noted Nancy Pelosi is in the fold as…
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…
The triple leverage ETF’s, the Direxion Financial Bull 3X Shares (NYSE: FAS) and Direxion Financial Bear 3X Shares (NYSE: FAZ), are perhaps the most volatile of all financial-stock ETF’s. This morning they…
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…
These are the top analyst upgrades and positive calls we have seen from Wall Street this Wednesday morning: Big Lots (BIG) Raised to Overweight at JPMorgan. Capital One (COF) Raised to Buy…
