Based on the rise in the short interest in banks at mid-month, it is clear how badly investors betting bank stocks would go down were mauled. As of March 15, shares short…
Ford (F) is in the best financial health of The Big Three. Its position could improve more, at least temporarily, if its deals to cut debt and reset its contract with the…
The team that plans to bring the economy out of the recession is a bit like a traveling circus. Once every few days, it stops on Wall St., the metaphor for all…
Douglas A. McIntyre According to Reuters, the US will woo private capital to get buyers for bank toxic assets. Reuters reports that US shoppers are likely to remain frugal. Reuters reports that US car dealers…
These are the top upgrades and downgrades from Wall Street analysts this Friday morning: Expedia (EXPE) Raised to Buy at Citigroup. Ford (F) Started as Buy at UBS. Johnson & Johnson (JNJ)…
The wooden but plucky CEO of GM (GM), Rick Wagoner, told the press that if his company is allowed to go into Chapter 11, it will end up being a simple liquidation.…
According to Reuters, AIG (AIG) will have to pay taxpayers back for bonuses it paid out before it can get its next $30 billion in loans. Reuters reports that Coke (KO) is…
For over a year, analysts have said that one of the largest problems car companies face is dealers who go bankrupt. It is actually a double-edged sword. If under-performing franchises fold, it can…
The Administration appears to be ready to give GM (GM) and Chrysler more money. According to The Detroit Free Press, the car companies are about to get further aid in the form of…
Douglas A. McIntyre According to Reuters, Obama faces backlash due to AIG (AIG) compensation issues which could set bank his efforts to salvage the financial system. Reuters reports that Lehman will put two of its…
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…
America’s car companies are still operating on the premise that the new car market will recover in a year or two. It may not rebound from its current annual run-rate of 10…
The market rally over the last few days based its activity on just a few events, but the press and investors have grabbed them and are holding on for dear life. The…
According to Reuters, investors in GE (GE) are still worried that the stock will not recover to its highs of last year. Reuters reports that Madoff pleaded guilty of 11 charges of…
According to the head of the FDIC, a “bad bank” system could jumpstart the US economy. Reuters reports that some economists believe that the US economy will start to rebound in the…