This has really turned into a big game now. investors say…”give us a rate cut now or i’m going to cash.” when the feds do cut rates investors put money into stocks and as soon as they make a profit, they get bearish again and do the same thing all over again.
It’s not about company profits [...]
Oxford Funding Secures Financing for Next Discounted Mortgage Portfolio
HOUSTON, Jan 31, 2008 (BUSINESS WIRE) — Oxford Funding Corporation (OXFD) has
won the bid and secured financing for the purchase of a portfolio of mortgage
loans offered by a national lender which is finalizing its bankruptcy
proceedings. The pool of loans carries principal balances of $2.6 million, and
consists of [...]
Super Bowl Advertisers and Mobile Sports Web Sites Aim for Touchdown - Keynote to
Report the Online Action Play by Play
– Hard Performance Data, Analysis and Media Briefings Available Immediately
Following the Super Bowl — Data to Rank the Speed and Reliability of Four
Popular Mobile Sports Web Sites, Three Popular Web Sites Streaming Super Bowl
Commercials and 35 [...]
Standard Chartered to fund $7.15 billion SIV
By Simon Kennedy, MarketWatch
Last Update: 6:43 AM ET Jan 31, 2008
LONDON (MarketWatch) — Standard Chartered’s become the latest in a string of
banks to rescue struggling structured investment vehicles, saying Thursday that
it will take on its balance sheet $7.15 billion of assets from the Whistlejacket
Capital fund.
The U.K.-listed bank, which operates [...]
Bank Of Amer Names Charles W. Greenberg Middle Market Executive
Last Update: 1/31/2008 8:03:51 AM
(MORE TO FOLLOW) Dow Jones Newswires
January 31, 2008 08:03 ET (13:03 GMT)
Bank Of Amer Names Thomas C. Woodward Pennsylvania State President
Last Update: 1/31/2008 8:01:54 AM
(MORE TO FOLLOW) Dow Jones Newswires
January 31, 2008 08:01 ET (13:01 GMT)
Possibly Related Posts:
List Of Entities Announcing Exposure [...]
Amazon, Audible, Harris, MBIA, Pulte, Starbucks
By MarketWatch
Last Update: 7:40 AM ET Jan 31, 2008
NEW YORK (MarketWatch) — Among the companies whose shares are expected to see
active trade in Thursday’s session are Amazon, Audible, Burger King, Dun &
Bradstreet, Eagle Materials, Harris, ImClone, MBIA, Merrill Lynch, Pulte Home,
Starbucks and Ann Taylor.
Aflac Inc.’s (AFL) fourth-quarter earnings rose to [...]
US MORNING BRIEFING: Futures Down On Bond Insurer Fears
Last Update: 1/31/2008 6:38:42 AM
DJIA Futures 12,349.0 -45.0 -0.4%
S&P 500 Futures 1346.1 -4.5 -0.3%
Nasdaq Futures 1801.5 -10.0 -0.6%
Above are as of 0610 ET
FTSE 100 5787.6 -49.7 -0.9%
Xetra DAX 6787.6 -87.8 -1.3%
CAC40 4829.2 -44.4 -0.9%
Above are as of 0557 ET
Nikkei 225 13,592.5 +247.4 +1.9%
Hang Seng 23,455.7 -198.0 -0.8%
Above [...]
Banks drag FTSE 100 deep into the red
Standard Chartered to take SIV onto balance sheet; Friends Provident slides
By Sarah Turner, MarketWatch
Last Update: 7:01 AM ET Jan 31, 2008
LONDON (MarketWatch) — Britain’s top banks dragged U.K. stocks lower on Thursday
as some investors moved out of the sector after a U.S. rate cut was delivered and
more bad [...]
CORRECT:Dresdner Cuts Swiss Wealth Managers Targets,Not WestLB
Last Update: 1/31/2008 6:48:30 AM
1139 GMT [Dow Jones] WestLB cuts price targets for Swiss wealth managers, saying
“wealth management isn’t as cyclical as investment banking, but cyclical it is.”
After four years of above-trend growth, the headwinds of slower economies and
correcting equity markets threaten to hit overconfident firms in expansion mode,
WestLB [...]
WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke, criticized last year for being too tentative in cutting interest rates, has shown he can act boldly. But the Fed’s two aggressive rate cuts in the past eight days have left investors demanding still more.
That may be a sign of how much trouble the economy is facing, [...]
This is going to be a tough one! I think quite a few of us have between 10,000 to 20,000 shares of ETFC at sub-$4 to sub-$5 basis. It’s going to be tough (for me at least) to stay long…my target is $15. But watching the stock on a intra-day basis PLUS these silly bashers [...]
ANALYST RATINGS CHANGES AS OF 1000 GMT
Last Update: 1/31/2008 5:00:55 AM
BROKER & NEW RATING (FROM) TARGET (PREVIOUS)
COMPANY
=========================================================
Bank Degroof:
Agfa-Gevaert EUR12.5 (EUR14.4)
=========================================================
Citigroup:
GlaxoSmithKline 1400P (1470P)
Munich Re EUR140 (EUR150)
Robert Wiseman Dairies Sell (Hold) 455P (485P)
=========================================================
Collins Stewart:
Axa EUR29 (EUR35)
Bradford & Bingley Hold (Sell)
=========================================================
Credit Suisse:
Shire Pharmaceuticals 930P (1130P)
=========================================================
Deutsche Bank:
Metso Buy (Hold) EUR45 (EUR49.5)
Roche CHF225 (CHF240)
Vedanta Resources 2580P (2500P)
=========================================================
Evolution:
MItchells & Butlers Add [...]
Kawasaki Heavy Expects This FY Group Net Y33.00B
Last Update: 1/31/2008 1:10:09 AM
Kawasaki Heavy Industries Ltd. (7012.TO)
Kobe City, Japan
9 Months Ended Dec. 31:
GROUP 2007 2006
Revenue Y1.051 tln Y1.001 tln
Operating Profit 53.77 bln 44.65 bln
Pretax Profit 48.01 bln 36.12 bln
Net Profit 28.96 bln 23.07 bln
Per share
Earnings 17.38 14.79
Diluted earnings 16.95 13.35
Results are [...]
Sony Cut FY Target For PS3 Sales To 9.5M Vs 11M
Last Update: 1/31/2008 1:11:03 AM
(MORE TO FOLLOW) Dow Jones Newswires
January 31, 2008 01:11 ET (06:11 GMT)
Possibly Related Posts:
List Of Entities Announcing Exposure To Madoff Investments-2-
Current functions of the Federal Reserve System include:
GECC Offers $4B Of Non-Govt-Backed Debt As Market Heals
Senate Banking Committee Seeks SEC Records [...]
Advanced Semiconductor 4Q Gross Pft Margin 32.3% Vs 3Q 30.4%
Last Update: 1/31/2008 1:20:41 AM
(MORE TO FOLLOW) Dow Jones Newswires
January 31, 2008 01:20 ET (06:20 GMT)
Possibly Related Posts:
List Of Entities Announcing Exposure To Madoff Investments-2-
Current functions of the Federal Reserve System include:
GECC Offers $4B Of Non-Govt-Backed Debt As Market Heals
Senate Banking Committee Seeks SEC Records For [...]
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