In a threat to a national settlement related to the foreclosure “robo-signing” investigation, the attorney general of Massachusetts has filed suit against Bank of America Corp. (NYSE: BAC), J.P. Morgan Chase &…
Standard & Poor’s is at it again… more downgrades and this time in the ailing banking sector. While we focused solely on the U.S.-based banks here, the downgrade was handed aimed at…
The new proposed stress tests are just one more thorn in the side for the banking sector, but analysts from Dick Bove to Meredith Whitney, as well as value and bargain investors and…
China’s factory activity reaches a 32-month low. (Reuters) Merck (NYSE: MRK) pays $950 million to settle Vioxx charges brought by the government. (Reuters) FCC head wants more examination of the AT&T (NYSE:…
Germany’s mixed bag. Two key economic figures out of Germany offset one another. GDP grew 0.5% in the third quarter. The number was up 2.6% from the same quarter last year. The advance…
Paulson & Co. Inc. is another hedge fund group that investors use for Whale Watching, although this last quarter was not exactly kind to Mr. Paulson’s billions… The current 13F report shows…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of September 30, 2011 and this is the second group of ‘L to…
After a period in which short sellers backed out of stocks in troubled companies, the have rushed into them again. The short interest in Research-In-Motion (NYSE: RIMM), battered by competition from Apple…
Last Friday at the meeting of the G20 in Cannes, the Financial Stability Board (FSB) revealed a list of 29 global systemically important financial institutions (known as the G-Sifis). These institutions are…
Warren Buffett and his team at Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) went out buying stocks in this last quarter according to the firm’s quarterly report. Sadly, no one outside of…
Japan acts to lower the yen before the upcoming G20 meeting. (Reuters) Beacon Power (NASDAQ: BCON), backed by U.S. funds, goes bankrupt. (Reuters) Young and well-educated Greeks begin to leave the country.…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Anadys Pharmaceuticals, Inc. (NASDAQ: ANDS), Brigham Exploration Company (NASDAQ: BEXP), Citigroup (NYSE:…
The number of foreclosures filed in the third calendar quarter of 2011 totaled 610,337, an increase of less than 1% from the second quarter and a drop of 34% from the same…
Whether or not you like the earnings report from J.P.Morgan Chase & Co. (NYSE: JPM) probably depends upon which news outlet you read. The earnings are lower, but by less than expected. …
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…
