These intra-meeting cuts like the 50-basis point discount rate cut this morning, even if this one is the discount rate rather than the funds rate, do act as stabilizers and you are…
(BEAS) BEA Systems trading up 6% pre-market on 3 upgrades: Raised to Buy at B of A; raised to Buy at UBS; raised to Outperform at Bear Stearns.(BX) Blackstone earned posted revenues…
Bloomberg is reporting that $8 billion Global Alpha hedge fund is down 26% this year and 40% since July 31. The fall is going to cost Goldman Sachs (GS) a lot of…
Douglas A. McIntyre According to Reuters the Asia central banks put extra cash into the banking systems as markets there fell sharply. Reuters writes that Man Group, the UK hedge fund, has delays its IPO.…
On tonight’s MAD MONEY on CNBC, Jim Cramer said that today and this week proves sometimes you can’t be too bullish. You need a measure for an ‘all-clear’ signal to see when…
According to Bloomberg, the debt implied in the credit ratings of Merrill Lynch (MER), Goldman Sachs (GS), Lehman (LEH), and Bear Stearns (BSC) is akin to "junk" status. "Prices of credit-default swaps…
Douglas A. McIntyre FILING TERMS & BRIEF BACKGROUNDER In an SEC Filing, you can see the ‘final amended’ exchange terms foremployees of EMC switching into new VMWare shares in their options andstock grant plans. The…
Goldman Sachs (GS) had forecast that oil might hit $100 in 2009. Now the bank is saying that number could be reached this year. According to a report by Bloomberg, a decline…
Douglas A. McIntyre Bloomberg is reporting that JP Morgan (JPM), Goldman Sachs (GS) and several other large investment banks have had to keep $11 billion in private equity debt. "The banks have had to dig…
It’s no shock that Barron’s decided to make its cover story that of the Stephen Schwarzman picture from the Blackstone Group (BX-NYSE) IPO that closed on Friday. The article upfront points to…
Stock Tickers: GS, MER, MS, LEH, BSC The raw number of shares that are measured in the short interest in bulge bracket brokerage firm and investment banking stocks did increase, although if…
Morgan Stanley (MS-NYSE) is expected to post earnings per share of $1.98 on revenues of $9.85 Billion. If you compare Morgan Stanley shares to last Monday’s close before we had any of…
Bear Stearns (BSC-NYSE) $2.52 EPS net, but on an adjusted basis it is $3.40 EPS versus $3.50 estimate; Revenues were $2.51 Billion versus $2.33 Billion estimate. The annualized return on common stockholders’…
Douglas A. McIntyre Lehman Brothers (LEH-NYSE) has reported Q2 2007 earnings. The company posted $2.21 EPS and Revenues $5.51 Billion versus street estimates of $1.88 EPS and $4.97 Billion. The results saw a 55% jump…
Douglas A. McIntyre Stock Tickers: AAPL, YHOO, EBAY, LVLT, DNDN, NYX, AMZN, FWLT, GOOG,DELL, MSFT, INTC, C, RAD, SVNT, CSCO, MO, GS, HAL, DNDN On tonight’s MAD MONEY on CNBC, Jim Cramer featured his 500th…
