BSC
BSC Articles
After taking Merrill Lynch’s (MER) stock from $35 in early 2003 to $98 earlier this year, the company’s board sacked CEO Stan O’Neal for one bad quarter. O’Neal came across as a brutal...
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According to The Wall Street Journal, Bear Stearns (BSC) is close to a deal with the Chinese investment bank Citic Securities Co. that would give each company a stake in the other and pave the way...
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According to Reuters, Google’s (GOOG) quarterly profit rose 46%. Reuters writes that Warren Buffett has sold his entire stake in PetroChina (PTR) Reuters writes that Microsoft (MSFT) says that its...
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Chinese officials confirmed and several media outlets reported that China’s Citic Bank would like to buy a piece of Bear Stearns (BSC). Members of Congress will likely mount their soap boxes and...
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According to Reuters, China CITIC Bank is bidding to buy a stake in Bear Stearns (BSC) Reuters reports that the National Retail Federation’s survey of its members shows retail sales are expected to...
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According to Reuters, RIM (RIMM) posted strong earnings and added it 10 millionth subscriber. Reuters writes that Wal-Mart (WMT) is already getting ready for holiday price wars by beginning to drop...
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According to Reuters, RIM (RIMM) posted strong earnings and added it 10 millionth subscriber. Reuters writes that Wal-Mart (WMT) is already getting ready for holiday price wars by beginning to drop...
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The New York Times is reporting that Warren Buffett may be one of the people looking at taking a large interest in Bear Stearns (BSC), perhaps 20%. Bank of America (BAC) and Wachovia (WB) may also be...
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There was no clear direction in the change in NYSE short interest on the major bulge bracket brokerage firms. If you look at the earnings this week, Goldman Sachs seems to have been the key...
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Last night we put out an alert where traders were clearly making a bet that Goldman Sachs (NYSE:GS) was going to be an earnings winner compared to its smaller and more troubled Bear Stearns...
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On Thursday, September 20, we get the dual reports from Bear Stearns (NYSE:BSC) and from Goldman Sachs (NYSE:GS): Bear Stearns is expected to post $1.78 EPS on $1.65 Billion in revenues. On Monday...
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We reviewed our different portfolios of key stocks to see which ones performed the best today, and it wasn’t just the financials as a general class. At the end of the day, Jim Cramer’s old list...
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Lehman Brothers Holdings Inc. (NYSE: LEH) has just reported net income of $887 million, or $1.54 per common share (diluted), for the third quarter ended August 31, 2007. This does represent a drop...
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The overall news front is in a lull, but financial stocks and the market are going to be closely watched. The FOMC releases its decision on interest rates Tuesday. The bet if for 25 basis...
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Shares in Northern Rock, a big UK mortgage company are down almost 30% on news that the Bank of England had to provide emergency loans. Shares in CountryWide (CFC) are off 50% in less than two...
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