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BSC Articles
The news that Bear Stearns (NYSE: BSC) was sold to JP Morgan (NYSE: JPM) and that the Fed would increase liquidity for primary dealers was too much for the Japanese market to bear. It sold off 3.4%...
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The Federal Reserve Board unanimously approved a request by the Federal Reserve Bank of New York to decrease the primary credit rate from 3-1/2 percent to 3-1/4 percent. The Fed also authorized the...
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According to The Wall Street Journal, JP Morgan (NYSE: JPM) is close to buying Bear Stearns (NYSE: BSC), just days after providing financial aid, which was backed by the Fed, to the brokerage. The...
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Those rummaging through the garbage of 52-week low lists are usually bottom-fishing investors or desperate CEOs. But, the list is so broad that it has become a tableau of the market as a whole,...
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Shares in Goldman Sachs (NYSE GS): are only down about 12% over the last six months. That is about the same as the S&P. But, shares in peers Morgan Stanley (NYSE: MS) and Merrill Lynch (NYSE:...
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Joe Lewis, a British billionaire, has lost $800 million from investing in Bear Stearns (NYSE: BSC). Lewis has almost 10% of the brokerage company’s shares. According to the Times ‘The huge paper...
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The Bear Stearns Companies Inc. (NYSE: BSC) announced that will host a conference call today at 12:30 P.M. EST. The stock is now down more than $23.00 to under $34.00 and shares actually traded...
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Bear Stearns Co. (NYSE: BSC) is getting a temporary reprieve this morning. JPMorgan Chase (NYSE: JPM) and the New York Fed have provided liquidity financing for 28 days to the struggling brokerage...
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Virgin Mobile (NYSE VM) Quaterly loss takes shares down. Falls to $1.90 from 52-week high of $15.69. Bear Stearns (NYSE: BSC) Market still believes that company has severe balance sheet problems....
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Goldman Sachs has made some key downgrades in the financial sector today. The firm has cut both Fannie Mae (NYSE: FNM) and Freddie mac (NYSE: FRE) from an already "neutral" rating, with implied...
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Auction-rate securities are short-term investments which are often pitched as an alternative to cash. Investors look to them as "safe haven" instruments where they can put money and earn a modest...
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The mutual fund industry is particularly brutal because each fund is graded every day on performance. The cruelty of that system hit small finance house Morgan Keegan especially hard in the second...
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On tonight’s MAD MONEY on CNBC, Jim Cramer noted that selling stocks today isn’t a good idea and that this will be good for retail stocks and others too. You have to keep in mind the...
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CNBC reported that Citigroup (C) could have a $24 billion write-off. The source for that report is not clear. Last week, Goldman Sachs said Citi might have to take a charge of $15 billion. That...
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These are not the only big analysts calls this Friday morning, but these are the ones that 24/7WallSt.com is focusing on this morning: Bear Stearns (BSC) raised to Buy at Merrill Lynch. Continental...
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