brokerage firms
brokerage firms Articles
Merrill Lynch (NYSE:MER) has finally announced a part of the inevitable. Stan O’Neal is retiring effective immediately, which we all know is a mutual resignation and firing after the worst...
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Zecco will move from 40 free trades a month to 10 free trades. Very few customers trade more than 10 times, according to the company’s management. Traders who go over 10 will be charged $4.50 a...
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Duff & Phelps Corporation (NYSE:DUF) priced its initial public offering of 8,300,000 shares of common stock at $16.00 per share, and Wall Street is greeting it with open arms. This is a leading...
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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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On tonight’s MAD MONEY on CNBC, Jim Cramer wanted to review how all brokerage firms aren’t cut from the same cloth. The broker to own is the one Cramer always touts as the best, and that is...
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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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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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E*TRADE FINANCIAL Corp. (NASDAQ:ETFC) announced it is exiting or restructuring non-core businesses that "lack a direct and strategic connection with its retail customers." It’s also getting an...
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We compiled a summary of the key brokers reporting this week, and here you can see a full detailed preview that we offered on Friday for the whole sector with more detailed data: Lehman Brothers...
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Next week is the highly awaited FOMC meeting and the expected decision next Tuesday is certainly that a rate cut is coming. But the predicament bet is mixed, with some looking for a 25-basis point...
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TradeKing CEO, Don Montanaro, has been around. He started at Quick & Reilly which was famous as a pioneer in customer service at discount brokerage firms. And, the lessons he picked up there have...
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On today’s STOP TRADING on CNBC, Jim Cramer said that the Lehman (NYSE:LEH) exit from the mortgage business is a positive because this wasn’t making money. He’d be a buyer on that news. Wells...
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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...
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