Bank of America Corporation (NYSE: BAC) is showing investors this morning that its book value may actually be more relevant than what it had been given credit for. The largest bank by…
Wells Fargo & Co. (NYSE: WFC) is one of the “Too Big To Fail” banks. Now it is going to be known as the “Too Big To Reverse Mortgage” bank. Today came…
Jon C. Ogg Bank of America Corporation (NYSE: BAC) has found itself as the king of the mortgage mess after it decided to acquire Countrywide. By acquiring the company’s corpse rather than trying to just…
Moody’s is not without question over how it rated (and still rates) many issues after the credit crisis. The problem with that caveat is that ratings agencies are still considered relevant by…
Jon OggWe have already seen (some) of the position changes of Warren Buffett, but the old guy wouldn’t share many ‘confidential positions’ so we are whale watching in other ponds. We wanted to…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) is out with its new portfolio holdings as of March 31, 2011. These have been broken down into two separate groups of ‘A to L’ and…
Citigroup (NYSE: C) reverse split its stock and each stockholder with 10 shares got one. That took the price of Citi to $44. No one was fooled by the action. The big…
Citigroup, Inc. (NYSE: C) is about to get a huge stock makeover. This is its last week as a stock in the single-dollar digits. At least that is what the world hopes. …
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Arch Coal Inc. (NYSE: ACI) Raised to Buy at Brean Murray;…
We took a look through more of the earnings data from the Berkshire Hathaway Inc. (NYSE: BRK-A; BRK-B) annual meeting this morning and there was one key change in the stock holdings. We detailed Buffett’s…
This coming weekend will mark the one weekend that the hotels, retailers, and restaurants all look forward to in Omaha, Nebraska… Berkshire Hathaway Inc. (NYSE: BRK-A)(NYSE: BRK-B) has its much-anticipated shareholder meeting…
Apple (NASDAQ: AAPL) earnings surpassed expectations and the company said iPad 2 units were backlogged (Reuters) BP plc (NYSE: BP) sued Transocean (NYSE: RIG) for $40 to cover costs related to Deepwater…
Wells Fargo & Co. (NYSE: WFC) has just reported record net income of $3.8 billion on 49% year over year earnings growth to $0.67 EPS despite a near-5% sequential decline in revenues…
Jon C. Ogg Next week may be short because of a holiday, but it is going to be a very busy week for earnings. We have tried to narrow the field down to the very…
Bank of America Corporation (NYSE: BAC) is due to report earnings on Friday morning and this will be the third DJIA component to report this week and the second of the DJIA financial…
