Search Results for: CGC
Most LBO’s these days get killed because buyers develop remorse over a high price and the tough borrowing environment. At Cablevision (CVC) all of that has been turned on its head. The founding...
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These are not at all the only stocks we saw hitting 52-week lows. These are the main names we follow that closed lower and that challenged their 52-week lows: ALCOA (AA) opened at new 52-week...
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The U.S. Navy relies heavily on its Nimitz-class aircraft carriers which were introduced to the service roughly 50 years ago. Even at this advanced age, these aircraft carriers are fairly formidable...
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Countrywide (CFC) is trading up over 5% on its fourth quarter and full year earnings announcement. CFC reported a net loss of $422 million, or $0.79 per diluted share, for the fourth quarter ended...
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"You can fool some of the people all of the time and all of the people some of the time. But, you cannot fool all of the people all of the time."–Abe Lincoln Countrywide Financial...
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Wall St. expected Countrywide Fiancial (CFC) to have an EPS loss of $1.28 on $232 million in revenue. Concerns about earnings have driven the stock to a 52-week low of $13 But, the company saved...
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CHINA AGRITECH, INC. (NASDAQ: CAGC) was having a great day with gains north of 7%. But at about 3:09 PM EST we saw a filing from the company.. the S-3… the ‘selling securities filing’ that...
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Today feels like another episode of deja-vu in failed mergers, although perhaps this is just a similar situation rather than a total repeat. Cablevision Systems Corp. (NYSE: CVC) has announced that...
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The subprime mortgage malaise is quite multi-faceted. The borrowers are at fault for overextending themselves. The lenders are at fault for making loans that are a stretch. Realtors...
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It turns out that investors may have made a mistake by turning their noses up at the Dolan family’s $30 per share offer for Cablevision. Citi cut the company’s shares to a...
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Countrywide (CFC) has filed with the SEC that if its credit ratings are cut any further, its ability to raise money could be damaged. With the possibility of more write-downs of mortgage-based...
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The head of Countrywide (CFC) stated his case, once more, that the mortgage lender is not a candidate for Chapter 11. But, Angelo Mozilo does appear to like the topic. He brought it up again on CNBC....
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Yesterday, news hit the market, beginning with a report in The Wall Street Journal, that Bank of America (BAC) was thinking of buying troubled mortgage bank Countrywide Financial (CFC). At one point...
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BGC Partners (NASDAQ: BGCP), formerly eSpeed, has made a shelf filing with the SEC. It intends to offer up to $460 million additional Class A Common Stock. Interestingly enough, the he...
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Did he or didn’t he? That is the question being asked about Countrywide (CFC) CEO Angelo Mozilo and his 10b5-1 stock sales plan. Normally these programs are set up to cover regular stock sales...
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