brokerage firms
brokerage firms Articles
We are set to get the highly awaited earnings report out of Lehman Brothers (NYSE: LEH) on Thursday morning, and this could be the largest catalyst for brokers and financial stocks since the FOMC. ...
Published:
The fate of at least one of the exiting specialists has been sealed. Van der Moolen Holding NV (NYSE: VDM) has reached agreement to sell certain assets of its US specialist and market making...
Published:
E*Trade (ETFC), the big discount broker, was in such bad shape that the market thought a firm like TD Ameritrade (AMTD) would walk in and get the firm for next to nothing. It would have to pay...
Published:
The head of TD Ameritrade (AMTD) today indicated that his firm might have an interest in buying troubled discount broker E*Trade. AMTD might get quite a deal "We like their retail business but we...
Published:
The FT is reporting that Merrill Lynch (MER) and Citigroup (C) are looking at partial IPOs of the retail brokerage units. According to the newspaper "brokerage businesses trade on much higher...
Published:
Last Updated:
We have already noted the Van der Moolen (NYSE:VDM) exit of all NYSE Specialist activities and we’ve already covered some of the other key stocks where Van der Moolen acts as a Specialist in the...
Published:
Last Updated:
We have already noted the Van der Moolen (NYSE:VDM) exit of all NYSE Specialist activities. What we wanted to look at is the underling stocks companies where Van der Moolen acts as a specialist to...
Published:
Last Updated:
Van der Moolen (NYSE:VDM) posted another loss today, but we don’t even care about the results after looking at the real news. Van der Moolen is terminating its operation as a U.S. specialist on...
Published:
Last Updated:
It would be nice to think that John Thain, wonder boy from Goldman Sachs (GS) and NYSE (NYX) can do a lot over the next couple of months to "fix" Merrill Lynch (MER). But, the board and senior...
Published:
According to MarketWatch Standard & Poor’s lowered the credit rating on Bear Stearns (BSC) to A from A+, and said the outlook is negative. "The rating action follows Bear Stearns’...
Published:
The New York Post has reported that NYSE (NYSE:NYX) CEO John Thain will be made the new head of Merrill Lynch (NYSE:MER). The announcement is expeted after the close. This also follows reports...
Published:
It would be fair to assume that a number of frightened customers are leaving E*Trade (ETFC) for other brokerage firms. but there is not much solid evidence of how fast that is taking place. One of...
Published:
Zecco Holdings (zecco.com) announced this morning that it has secured an additional $25 million in new funding from a number of current and new investors, bringing the total capital raised by Zecco...
Published:
Last Updated:
CNBC is reporting that Merrill Lynch (MER) may cut 25% of its fixed income staff. Total employees in equity operations should not end up being cut. Douglas A. McIntyre Want to Retire Early? Start...
Published:
E*Trade (ETFC) is off as much as 50% in early trading and has dropped below $4. The stock has a 52-week high of over $26. According to The Associated Press "Citi Investment Research analyst Prashant...
Published: