MBIA Inc. (NYSE: MBI) was on our schedule to report earnings tomorrow, but the troubled and former largest bond insurer somehow managed to post a profit for the quarter. We expected a…
Douglas A. McIntyre According to Reuters, lenders will object to the Chrysler Chapter 11 filing. Reuters reports that Switzerland  is asking US a court to halt a case against UBS (UBS). Reuters reports that SMFG will buy…
According to Reuters, some members of Congress were unhappy with Defense budget cuts. Reuters reports that Americans are more optimistic about the economy since Obama came into office, according to a New…
MBIA Inc. (NYSE: MBI) is set to report earnings Tuesday, before the market opens. As the market has slid further, this troubled “guarantor” has gone with it and has again hit new…
According to Reuters, the biggest problem GM (GM) may face is a mountain of debt. Reuters reports that investors in Stanford funds are pushing hard to get their money out. Reuters reports…
SunPower Corporation (SPWRA) seemed to pull down the whole solar sector. Details MBIA (MBI) and Ambac (ABK) got torn to pieces on bad news. Radian (RDN) surged on good news. USEC (USU)…
For the period ending October 15, short sellers got out of most banks and brokerage stocks. That is a shame for them. They could have made a killing this week. The short…
MBIA’s (MBI) corporate slogan "Wisdom In Action" presents a monumental irony. Management’s gamble that derivatives were a good way to pop earnings nearly ruined the company. The firm was, after all, supposed…
Douglas A. McIntyre When you hear the group of conspiracy theorists that Gary Weiss so aptly named "The Baloney Brigade" talking about naked short selling, you get the idea that unscrupulous short sellers are driving…
Douglas A. McIntyre Regulators may be trying to keep short sellers out of a few financial stocks, but that is not keeping large bets against most other stocks from rising. While some of the shorts…
Small businesses think they are being abandoned by the federal government just when they really need something in exchange for their tax dollars. A new poll from American Management Services reveals that…
Douglas A. McIntyre The federal government has decided that Fannie Mae (FNM) and Freddie Mac (FRE) are too big to fail. The Fed and Treasury will offer a combination of loans and stock purchases to…
MBIA Inc. (NYSE: MBI) decided to speak out against some recent speculation and some recent reporting on its overall health. The company has said that as a result of Moody’s downgrade of…
Douglas A. McIntyre According to Reuters, the Anheuser-Busch (BUD) board is under pressure to justify what it did not take InBev’s buy-out offer. Reuters writes that overseas money is reluctant to invest in US car…
Telik (TELK) Someone selling out of the stock in big numbers. A mystery wrapped in an enigma. Down to $1.24 from 52-week high of $4.96. Circuit City (CC) Still selling off after…
