AIB
The Bank of Ireland (NYSE: IRE) is likely going to go private. U.S.-based WL Ross, a private equity firm, and Canada’s Fairfax Financial Holdings are each taking a stake in the bank of 9% after...
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You just have to love the new round of stress tests in the European Union being conducted on banks. Maybe this headline of “Groundhog Day Meets Spanish Inquisition” seems full of pun, but that...
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As if the PIIGS needed any more bad news, Moody’s has just downgraded Ireland yet again. Like you wouldn’t have known about this. This pertains to its foreign and local-currency government...
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If you are surprised about the newest crash scenario boiling up outside of Greece, this is something we have been covering routinely. While the beastly pace is surprising, how big of a surprise is...
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Greece saved itself with its latest austerity measures. For a few months, maybe. If you have read about Greece’s woes and read about the bailout and rescue process, the real implication is that...
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The ratings agencies and outside groups are now saying that Greece is in default, like it or not. Now let’s go ahead and throw in Irish banks as well, with a real possibility of Ireland after...
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If you have been following the crisis news regarding the PIIGS, or the PIGS, nations, Ireland seems to currently be overlooked due to the immediacy of the Greek woes. The problem is that the Irish...
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You have probably heard and read about some of the same rumors and stories about a second bailout heading the way of Greece. The aim is to prevent a de facto default scenario where Greece would...
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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. Its 1 for 10 reverse stock...
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Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Apple Corporation (NASDAQ: AAPL), Allied Irish Banks (NYSE: AIB),...
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Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Allied Irish Bank (NYSE: AIB), Alcatel-Lucent (NASDAQ:...
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When you see the ratings agencies downgrading a sovereign nation to the last rung of investment grade and with the outlook still cautious to negative, you generally would consider that it would be a...
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Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Allied Irish Bank (NYSE: AIB), ARM Holdings PLC (NASDAQ:...
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It was just yesterday that we warned about mergers in the banks “Irish Style.” The fear is that Allied Irish Banks plc (NYSE: AIB) and Bank of Ireland (NYSE: IRE) would be gobbled up by the...
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If you have watched Allied Irish Banks plc (NYSE: AIB) or Bank of Ireland (NYSE: IRE) recently, you will have figured out that the banks are not just in trouble. These banks could literally be...
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