The DJIA has risen for eight straight days and the verdict is still out as to how today’s close will go. With major indexes trading over 50% above their March lows and…
Reuters: The US outlined new financial market reforms. Reuters: Obama lobbied MDs on his new healthcare package. Reuters: Russia hosted the first BRIC summit. Reuters: B of A’s (BAC) BlackRock (BLK) stake…
These are some of the top pre-market analyst downgrades and cautious research calls we have seen early this Tuesday morning with about two hours until the open: Dun & Bradstreet (DNB) Started…
Reuters: Rio Tinto (RTP) has killed a deal with Chinalco for one with BHP (BHP). Reuters: US regulators insisted JP Morgan (JPM) and Amex (AXP) raise money to exit the TARP. Reuters: …
The Washington Post is reporting that the Treasury Department has granted approval for insurance companies to have access to TARP funds. It is not clear what that will do to the balance…
There is one question that keeps making the rounds after the news of yesterday’s TARP bailout money inclusion being offered to life insurers. Are these really close to falling into the abyss,…
A new Reuters poll of economists does not offer much hope for an improvement in the nation’s financial condition. Many see unemployment topping 10%. The news service reports that “Median forecasts now…
Hartford Financial (HIG) Big analyst downgrade. Plunges to $8.23 from 52-week high of $98.70. CIGNA (CI) Profit drops 53%. Stock off to $15.08 from 52-week high of $56.98. Avon (AVP) Weak guidance.…
According to Reuters, the US Treasury may buy interests in large banks following the model set up by the UK. Reuters reports that IBM’s (IBM) earnings strength helped calm tech investors. Reuters…
Hartford Finl Svcs (HIG) Downgraded due to exposure to debt at troubled financial firms. Drops to $31.26 from 52-week high of $99.21. Circuit City Stores (CC) The end is near. Hard to…
A company called Verisk Analytics Inc. has filed to come public via an initial public offering in a securities sale of up to $750 million worth of class A common stock. The…
As we have pointed out over and over, it appears that buyback announcements are on the decline in a serious way as far as "new buyback plans" being announced. Ultimately we believe…
It is no great mystery that Warren Buffett of Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B) is still one of the most followed and most revered "long term value investors" on the planet. …
