CFC

CFC Articles

(AXP) American Express is selling its private banking unit.(CFC) Countrywide is laying off loan originators and support staff as applications are down and to cut costs.(CHINA) CDC Corp. announced a...
According to Reuters, the spotlight in an investigation of Dell’s (DELL) accounting practices will fall on whether company founder and CEO Michael Dell had any role in the restatement of numbers....
These intra-meeting cuts like the 50-basis point discount rate cut this morning, even if this one is the discount rate rather than the funds rate, do act as stabilizers and you are seeing it in the...
It is always good to remember that just because stocks trade at intraday lows, it doesn’t mean that they are going to stay that way or that they are going to roll over and die.  This VIX ramping...
(AMGN) Amgen announced 12-14% layoffs and lowered guidance for 2007.(ANX) ADVENTRX Pharma announces fast track designation granted by the FDA for CoFactor for treatment of metastatic colorectal...
Couuntrywide (CFC) could help drive the market down a lot at the open. The shares are off 14% before the bell, trading at $18.29. According to Reuters, CFC said "it is drawing down an entire $11.5...
Merrill put a "sell" on Countrywide Financial (CFC) which looked late in the game. For shareholders who got into the stock earlier in the year, the rating could have come much earlier. For those who...
The market ignored Merrill’s "sell" call on Countrywide (CFC) today. Merrill had rated the mortgage company as a "buy" since 2005. The stock was off only 1.4% at 11.15 AM New York time. The change...
Merrill Lynch downgraded Countrywide Financial (CFC) to a "sell" today. It has had a "buy" on the stock since April 2005, according to Bloomberg. And, investors always thought analysts earned money...
Countrywide Financial Corp. (NYSE:CFC) has filed its 10-Q quarterly report with the SEC, and the stock has gotten hammered in after-hours trading with a drop of more than 10%.  Investors should...
On tonight’s MAD MONEY on CNBC, Jim Cramer said that today and this week proves sometimes you can’t be too bullish.  You need a measure for an ‘all-clear’ signal to see when the market is...
On tonight’s MAD MONEY on CNBC, Jim Cramer said he is going at least address the doomsday scenario in the financial markets even though he doesn’t think it is reality.  This would be the extreme...
According to Reuters, Amazon’s (AMZN) sales and earnings rose and the stock was up almost 20% after hours. Reuters writes that the CEO of XM Satellite (XMSR) will step down next month. Reuters...
Short selling in banks is always an interesting area to watch, particularly in the midst of a credit lending debacle that has led to a lower credit ranking and higher loan loss reserves in most...
AMGN reitr Neutral at Baird.CAT reiterated Neutral at Baird.CFC cut to Mkt Perform at FBR.CSE cut to Mkt Perform at FBR.HOLX raised to Buy at B of A.NILE cut to Sell at Jackson.OHB raised to Mkt...