According to Reuters, world markets are waiting to see how the bailout of banks in Europe and the US will work. Reuters reports that Japan’s Mitsubishi UFJ Financial Group is looking for more favorable…
According to Reuters, the US is looking at guaranteeing billions of dollars of bank debt and temporarily insuring all bank deposits. Reuters reports that Citigroup (C) has ended talks about taking over Wachovia (WB),…
Chairman John Malone of Liberty Media Corp. (NASDAQ: LCAPA) sold 4.5 million shares of common stock on October 7, 2008 at a price of $11.00 per share. He still holds more than 2.7 million…
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 reports that…
The dirge is just about over for Sirius XM (SIRI). The stock has marched down so far that the market is saying there is little prospect for recovery. The company is plagued by a…
Ken Heebner just came on CNBC today, and while it did sound a bit like he was licking his wounds, he made some key comments that influence investors. First and foremost, he said "WE…
According to Reuters, US markets fell to five-year lows. Reuters writes that Wells Fargo (WFC) could end up with over 75% of Wachovia;s (WB) deposits. Reuters reports that Morgan Stanley’s (MS) deal to get…
According to Reuters, Bank of America (BAC) reported weak earnings and cut its dividend. Reuters reports that Wells Fargo (WFC) and Citigroup (C) agreed to drop litigation for now and negotiate over a deal…
Trading in shares of Netflix Inc. (NASDAQ: NFLX) gave an interesting pre-market alert at Volume Spike this morning. The DVD rent-by-mail service is feeling pain early this morning after offering some very mixed guidance.
According to Reuters, regulators around the world are trying to shore up the banking system. Reuters reports that the Fed is trying to broker a deal for whether Citigroup (C) or Wells Fargo (WFC)…
According to Reuters, the House will vote on the bailout bill today. Reuters reports that JP Morgan (JPM) will not keep the CEO of WaMu. Reuters reports that John Thain of Merrill Lynch (MER)…
According to Reuters, the economic bailout bill passed the Senate and is likely to pass the House. Reuters reports that GE (GE) raised $15 billion with some of the capital coming from Warren Buffett.…
Electronic Arts Inc. (NASDAQ: ERTS) shares poor performance stood out even on a down day. It has worked on a game since late 2006 or early 2007 called Tiberium. This first-person shooter was in…
According to Reuters, a Senate plan to vote on the bailout package pushed US markets up. Reuters reports that the FDIC would like to increase the value of the accounts it insures. Reuters reports…
Charter Communications (CHTR) is still one of the largest cable companies in the US in a period where cable should be doing fairly well, Charter’s common stock is worthless at this point. It may…