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The short interest in most financial and industrial companies rose sharply for the period ending June 30. Shares sold short…
Fannie Mae (FNM) hit by rumors that it and Freddie Mac may have to raise $75 billion. Drops to $14.65…
Europe’s banks need to head back out on the fund-raising circuit. They may have to bring in as much as…
KBW, the bank research firms, thinks Bank of America (BAC) will have to raise $10 billion in new capital. Its…
According to Reuters, global companies may start to issue profit warnings as business slows overseas. Reuters reports that InBev is…
Oshkosh (OSK) Comes out with extremely week outlook. Sells down to $22.20 from 52-week high of $65.83. GM (GM) Big…
Today’s selling does not look orderly like it has on many other down days this year. The drop is across…
If there were questions whether or not the first first of the large bank and lender deal would get done,…
According to Reuters, the fuel price increase in China may bolster consumption. Reuters writes that the Fed’s policy on inflation…
Citigroup (C) came clean about what everyone with any sense already expected. Write-offs at the money center bank are not…
Wall St. almost always takes the public proclamations of hedge funds and short sellers with a grain of salt. But,…
MGIC Investment (MTG) Money still moving out of bond insurers. Down to $8.75 from 52-week high of $62.94. US Airways…
From the viewpoint of pessimists, it was just a matter of time. The run-up in financial shares which began in…
It turns out that Frank Mozilo, head of Countrywide (CFC), was passing out special mortgages to people including two former…
Washington Mutual (WM) More banking concerns. Hammered to $7.12 from 52-week high of $44.19. Bank of America (BAC) Death to…
Our top personal finance-related articles today. Your wallet will thank you later.