Search Results for: LBY
MBIA’s (MBI) corporate slogan "Wisdom In Action" presents a monumental irony. Management’s gamble that derivatives were a good way to pop earnings nearly ruined the company. The firm was, after...
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Start with this. Blockbuster (BBI) has $2.4 billion in rent due from now until its last current store lease expires. Of its 5,194 stores, 939 were operated through franchisees. Blockbuster only pays...
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Since every other company in the world from NBC to Wal-Mart (WMT) to Amazon (AMZN) is in the video distribution, why not Best Buy (BBY)? Why not, indeed. Today the company launched Best Buy Video...
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Murders surged by 30% in the United States in 2020, the largest single-year increase on record – and possibly the largest in U.S. history. The 2020 homicide figures were released in an annual...
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During its long history, the FBI has solved some of the most famous crimes in U.S. history. From terrorist bombings of airplanes and Nazi spy rings to massive white collar crimes, the FBI nearly...
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The drama, the grind and the controversy of 17 weeks of the NFL regular season is nearly over. All that is left after a three-week playoff stretch is this Sunday’s game — Super Bowl LII...
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Someone needs to take advantage of the collapse in retail real estate values. The prices for many locations are too good to be true.Best Buy (BBY) says it may get into the business of taking over...
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Mylan Labs (MYL-NYSE) is seeing its shares take a beating because it is acquiring Merck KGaA’s generic unit and Mylan is the acquirer in what is a very leveraged buyout. It isn’t...
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MBIA (NYSE:MBI) has replaced it CEO with former Chairman and CEO Joseph "Jay" Brown, 59, who retired from the firm last May. Brown expressed some degree of confidence about the...
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Amylin Pharmaceuticals, Inc., (NASDAQ: AMLN) has been a battered biotech lately. But shares have just now gotten back above the single-digit threshold and are up more than 80% from recent...
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The equity markets opened strong this morning, with the Dow trading in narrow band around 140 points up all morning until about 1:30 in the afternoon. Hopeful economic news from Europe started things...
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Last April, cotton prices had climbed to around $2.10/pound as drought in Texas threatened to play havoc on the crop. The March price this year was $0.995/pound and the today’s price is around...
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The U.S. may have run out of criminals, and crimes of passion must have nearly disappeared. The FBI reports that violent crime dropped again in the first half of 2011. The decline has continued for...
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MBIA (MBIA) will cut its divdend to $.13 from $.34 and go to the capital markets for cash. As part of its plan to raise capital to meet or exceed the rating agencies’ Triple-A requirements, its...
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Watch for a big run-up in Ambac (NYSE: ABK) and MBIA (NYSE: MBI) tomorrow. These stocks had major run-ups today in the last 90 minutes of trading as word of this began coming out, and may be part of...
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