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Washington Mutual Inc. (NYSE: WM) is looking exactly like "The Good, The Bad, and The Ugly." The difference is that this one is real instead of a movie. Shares are down yet another 29% to new...
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The most important financial lifeline for most small businesses and consumers is their bank. More often than not these banks are regional or local. They are easier to approach and tend to give better...
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Washington Mutual (WM) More banking concerns. Hammered to $7.12 from 52-week high of $44.19. Bank of America (BAC) Death to all bank stocks. Sees $30.56 from 52-week high of $52.96. National City...
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According to Reuters, a survey of sovereign wealth funds found concerns about their investment is overblown. Reuters reports that Verizon Wireless (VZ)(VOD) will buy Alltel for over $28 billion....
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These aren’t the only analyst calls this Monday morning, but these are the ones we are focusing on early this morning: Akamai Tech (NASDAQ: AKAM) Cut to Hold from Buy at Citigroup. American Eagle...
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Today didn’t look like the normal 52-week low brigade. Usually there is a massive implosion of some sort that took a stock under. Most of these were just more selling trends on news that has...
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Not all financial shares are created equal, at least no according to short bets made on NYSE companies for the period ending. April 30 compared to numbers on April 15. Short interest in Washington...
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Consumers and businesses are faced with two difficult problems as a result of major banks taking huge write-offs. The first is that, even though the Fed is chopping rates, lower interest loans are...
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These are some of the top analyst calls that we are focusing on this Tuesday morning in pre-market trading hours: Alliance Data (NYSE: ADS) raised to Overweight at JPMorgan. Garmin Ltd. (NASDAQ:...
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Royal Bank of Scotland (RBS) will raise as much as $24 billion to bolster its capital position, a dubious record which US banks will not want to match anytime soon. The big UK bank will write-down...
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The mid-month reports on short interest in NYSE shares showed that many short sellers moved out of big financial stocks but made large bets against airlines and auto companies. With the prices in...
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National City Corporation (NCC) Raising money and big dilution. Falls to $5.90 from 52-week high of $38.32. Pfizer (PFE) Concerns about big pharma results. Drifts off to $20.13. $27.73. Aladdin...
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National City Corp. (NYSE: NCC) is a name we have been cautious on because of the trends we have seen in the "bank financing" rescue packages. The company has secured $7 billion in financing to keep...
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NCC (NCC) was one of those banks that decided the mortgage business was simply an outstanding way to make money. The price of homes and commercial buildings would rise at 10% per annum forever, It...
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According to Reuters, National City (NCC) will raise as much as $7 billion. Reuters writes that Viacom (VIA) will launch a pay TV channel to compete with Time Warner’s (TWX) HBO. Its partners will...
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