Friday, March 12th, 2010

Posts Tagged ‘ BAC ’

Why You Need to Look at these Three ‘Zombie-Free Zones’

Oct 8th, 2009 | By Martin Hutchinson | Category: Financial News

Quantum Fund co-founder George Soros had it right on Monday, when he said the U.S. recovery would be held back by “basically bankrupt” banks and companies.



Hidden Traps Make Bank Stocks a Bad Deal

Oct 6th, 2009 | By Martin Hutchinson | Category: Stock Market Investing

Billionaire investor George Soros said yesterday (Monday) that the U.S. recovery would be a slow one because of all the “basically bankrupt” financial companies impeding it.



Boom, Bust and Rebuild: Bank of America and the Kenneth Lewis Legacy

Oct 2nd, 2009 | By Mike Caggeso | Category: Financial News

Kenneth D. Lewis There are many ways to view Kenneth Lewis’ eight-year reign as Bank of America Corp. (NYSE: BAC) chief executive, but two seem to hold the most landscape.



Long-Term Stock-Market Uptrend to Continue

Sep 28th, 2009 | By Bob Blandeburgo | Category: Stock Market Investing

Stocks moved lower for the third consecutive day on Friday, something that hasn’t happened in more than three weeks, as the bulls just couldn’t capitalize on a short-term overbought condition. Measures of selling pressure eased as the bears rested their knuckles after a two-day pummeling.



Wall Street Back to Business as Obama’s Regulatory Overhaul Loses Momentum

Sep 17th, 2009 | By Jason Simpkins | Category: Stock Market Investing

It was more than a year ago – Sept. 14, 2008 – that Lehman Bros. Holding Co. (OTC: LEHMQ) finally collapsed under the weight of its own bad investments.



Have the Titans of Finance Learned Their Lesson?

Sep 14th, 2009 | By Addison Wiggin | Category: Politics & Economics

It was one year ago that Lehman Bros. went to the great investment bank in the sky. But it was also when the feds arranged the shotgun marriage of a failing Merrill Lynch to a moribund Bank of America (NYSE:BAC). And AIG’s collapse into federal hands was taking shape, if not yet a done deal.



Finance Jobs Going Where the Growth Is – Asia

Sep 4th, 2009 | By Jason Simpkins | Category: Financial News

The financial services industry in the United States and Europe is still reeling from the financial crisis, shedding tens of thousands of jobs each month – even a year after the crisis hit its apex.



The Undead of the Banking World

Sep 2nd, 2009 | By Bill Bonner | Category: Politics & Economics

Hey, the economy is not only recovering…it’s becoming better than ever before!



U.S. Turning Profit on TARP, but Big Loans Remain in Banks’ Hands

Sep 1st, 2009 | By Bob Blandeburgo | Category: Politics & Economics

The U.S. government is starting to see profits from the $750 billion Troubled Asset Relief Program (TARP), started last year to thwart the financial crisis.



Soaring Prices for AIG, Fannie and Other Financial Stocks Sending Mixed Messages to Investors

Aug 31st, 2009 | By William Patalon III | Category: Financial News, Stock Market Investing

Three of the financial institutions that were key catalysts to the global financial crisis – and that owe the federal government billions of dollars as a direct result of those problems – have seen their shares triple in price so far this month.