You hear it all the time… “This bank is so cheap against book value that it cannot go lower.” Book value, and even tangible book value, has become a pre-recession metric that…
Earnings dominated the press coverage of today’s shares. Novartis and Harley-Davidson released numbers Icahn Enterprise was thumped after it made a bid for Clorox, which was rejected. Boeing was hit because large…
Screening for value in banks right now is probably a fools’ game. In fact, J.P Morgan Chase & Co. (NYSE: JPM) trades at close to 0.9-times book value and Citigroup Inc. (NYSE:…
Twitter has, by most estimates, 225 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Euro-zone financial ministers said they would delay a new installment payment to Greece until it was clear that the nation had adopted new austerity measures. (Reuters) ICANN, the global domain name company,…
It is time for The Daily Dividend and today’s review is on yet another flurry of dividend hikes from key companies. Ingersoll-Rand Plc (NYSE: IR), Newmont Mining Corporation (NYSE: NEM), PNC Financial Services Group Inc.…
The economy and investment categories may both be normalizing again, but dividend investors will get to start looking at banks again. Today was D-Day for Dividend Day as the Federal Reserve is freeing up the…
Ben Bernanke may indicate to Congress that the recovery is tentative and that the $600 billion QE2 program is still necessary. (Reuters) Future US auto sales may be undermined by high gas…
Freddie Mac and Fannie Mae moved to the top of the negative news search as both lost billions of dollars. Frontier Oil remained high on the list due to concerns about its…
Frontier Oil is receiving the most bad press this morning after posting poor earnings. And, investors are still upset about its M&A deal with Holly. Holly posted good earnings but it investors…
If no one wants to borrow money even as long-term interest rates are low and going lower, then it’s hard to see how a bank is going to make money. That, at…
These are some of the top analyst calls with upgrades, downgrades and initiations seen from Wall Street research calls this Tuesday morning: BHP Billiton Ltd. (NYSE: BHP) Raised to Overweight at Barclays;…
These are some of the top analyst upgrades, downgrades, and initiations seen early this Tuesday morning in Wall Street research calls: Aixtron Aktiengesellschaft (NASDAQ: AIXG) Cut to Neutral at JPMorgan Cazenove. The…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
These are some of the top research calls from analyst upgrades, downgrades, and initiations seen early this Monday morning: Dendreon Corp. (NASDAQ: DNDN) Started as Overweight and $46 target at JPMorgan. E*TRADE…
