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According to Reuters, Comcast (CMCSA) and Time Warner Cable (TWC) are in talks to fund a wireless venture to be operated by Clearwire (CLWR) and Sprint (S). Reuters writes that new home sales...
According to Reuters, the Justice Department has approved the Sirius (SIRI) merger with XM Satellite (XMSR). Reuters writes that JP Morgan (JPM) raised its offer for Bear Stearns (BSC) and took a...
JP Morgan (NYSE: JPM) revised its $2 offer for Bear Stearns (NYSE: BSC) up to $10. Bear now trades at $11.40. Someone may think that JPM or another entity may come in even higher. The lesson here is...
There is growing concern about where the Fed will get the hundreds of billions of dollars it will need to bail-out failing banks and brokerages. Most economists point to the tax-payer as the ultimate...
Samson has been shorn of his locks and blinded. JP Morgan (NYSE: JPM), it appears, will raise its bid for Bear Stearns (NYSE: BSC) from $2 a share to $10. It is not necessary and it is hard to...
According to The New York Times, JP Morgan (JPM) is in talks to raise it bid for Bear Stearns (BSC) from $2 to $10. Reuters writes that analysts now see a steep drop in Q1 earnings for S&P 500....
In what is likely to be a bit of a blockbuster, SEC charman Christopher Cox sent a letter to Swiss regulators indicating the Bear Stearns (NYSE:BSC) did not have to go the way of all flesh. According...
The last 5 to 10 trading days have been dominated by Bear Stearns (NYSE: BSC).  Whether it was over the counterparties ceasing to accept their credit, whether it was the CEO publicly calling...
This is just becoming all too familiar in the financial stocks, and the bears are still in charge since we can’t hold a major up-day.  Merrill Lynch & Co. (NYSE: MER) is feeling the...
According to Reuters, the Fed cut rates .75%. Reuters writes that Visa raised $17.9 billion in its IPO. Reuters writes that New York City will probe whether Bear Streans (BSC) misled investors....
The story is the same every decade or so. Bad economic times cause well-known businesses to fail. They are bought out and merged, and they simply cease to exist as the public and investors knew them...
Accoding to Reuters, the Fed is set for a large rate cut in the face of the financial crisis. Reuters writes that Google (GOOG) says it is well positioned for an economic slowdown. Reuters reports...
Bear Stearns (BSC) For those not on the planet today, firm was bought out by JP Morgan (JPM). Shares fall to $2.84 from 52-week high of $159.36. Lehman Brothers (LEH) Fall out from banking system...
Billionaire Joe Lewis invested in Bear Stearns (NYSE BSC), buying as much as 10% of the brokerage firm. Now, he may be out over $1 billion. On Sunday, the Times wrote that Lewis has lost about $800...
According to Reuters, the Fed is opening up its own balance sheet to poisonous securities it may get from banks in exchange for cash. Reuters writes that JP Morgan (JPM) bought Bear Stearns (BSC) for...