Posts Tagged ‘
Bank Of America ’
Jul 13th, 2009 |
By Christian Hill |
Category: Financial News
Monday
Earnings Announcements: Novellus (NVLS)
Tuesday
Economic Reports: Core PPI, PPI, Retail Sales
Will this be the month that we finally see inflation take hold? If expectations come true, it very well could be. PPI is anticipated to show an increase of nearly 1%. Core PPI (which excludes food and energy costs) is expected to show an increase of 0.10%. Retail Sales are expected to post a surprising increase. Most reports I have seen show that retailers are still struggling. I don’t expect this report to beat expectations.
Earnings Announcements: Goldman Sachs (GS), Johnson and Johnson (JNJ), Yum Brands (YUM)
Tags: Abbott Labs, ABT, BAC, Bank Of America, BAX, Christian Hill, Citigroup C, Citigroup Inc, Core Cpi, Core Ppi, Earnings Announcement, Earnings Announcements, Economic Report, Economic Reports, GE, Goldman Sachs, GOOG, Google, Harley Davidson, HOG, IBM, Jnj, Johnson And Johnson, JPM, Novellus, Nvls, Philadelphia Fed, Sachs Gs, YUM, Yum Brands
Posted in Financial News |
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Jul 13th, 2009 |
By Chuck Butler |
Category: Financial News, US Dollar & Forex Trading
Earnings reports begin this week… Dollar, yen, francs get bought… Medvedev shows off new coin! A busy week! And Now… Today’s Pfennig!
Tags: Bank Of America, Chuck Butler, Citi, commodities, Corporate Earnings, currencies, Earnings Season, euro, JP Morgan, paulson, Risk Aversion
Posted in Financial News, US Dollar & Forex Trading |
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Jul 7th, 2009 |
By Andrew Gordon |
Category: Financial News
First-quarter earnings reports for the big banks weren’t bad on the surface. But banks had to pull some rabbits out of the hat to do it. For example, Goldman Sachs skipped December in order to post improved numbers.
Tags: Bank Of America, Bond Debt, bonds, Earnings Reports, Goldman Sachs, Junk Bond, Merrill Lynch, Mortgage Backed Assets, Mortgage Backed Securities
Posted in Financial News |
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May 11th, 2009 |
By Jason Simpkins |
Category: Financial News
Bank of America Corp. (NYSE: BAC) plans to sell assets and issue more common stock after being told by the federal government that it must raise $33.9 billion to adequately guard against “more adverse” economic conditions.
Tags: BAC, Bank Of America, China Construction Bank, Jason Simpkins, WFC
Posted in Financial News |
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May 5th, 2009 |
By Contrarian Profits |
Category: Notes From the Investment Underground
It’s clear to at least some that banks can’t subsidize the banks forever. So where does that leave bank share prices? It’s a valid question, even if it can’t be heard right now over the din of champagne corks popping and the chorus of Hallelujahs wafting up over Wall Street and the White House.
Tags: Bank Of America, Feds, Jobless Claims, Jobless Rate, Nouriel Roubini, Share Prices, Tim Geithner
Posted in Notes From the Investment Underground |
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May 4th, 2009 |
By Contrarian Profits |
Category: Notes From the Investment Underground
We have had our suspicions about the current stock rally ever since it kicked off by ‘leaked’ memos by Citigroup, BoA and JPMorgan Chase announcing a return to profitability.
Tags: AIG, Bank Of America, Citigroup, Geiger Index, Goldman Sachs, JP Morgan, US economics
Posted in Notes From the Investment Underground |
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May 4th, 2009 |
By Olivier Garret |
Category: Featured
On April 21, Treasury Secretary Timothy Geithner said the “vast majority” of U.S. banks have more capital than needed. Geithner’s remarks come on the heels of a surge in reported quarterly profits by the big banks.
Tags: Bank Of America, Bank Stocks, China Construction Bank, Equity Investment, Market Capitalization, Merrill Lynch, Olivier Garret, Timothy Geithner
Posted in Featured |
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Apr 30th, 2009 |
By Contrarian Profits |
Category: Notes From the Investment Underground
There are a lot of unanswered questions for Tim Geithner and his pals in the banking industry. One Wall Street suit who’s dirtied his bib is Bank of America CEO Ken Lewis. Lewis should go to jail for securities fraud, according to Porter Stansberry of Stansberry and Associates Investment Research.
Tags: Bank Of America, Banking Industry, Investment Research, Ken Lewis, Management Teams, Mergers And Acquisitions, Merrill Lynch, Porter Stansberry, Securities Fraud, Tim Geithner
Posted in Notes From the Investment Underground |
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Apr 29th, 2009 |
By Contrarian Profits |
Category: Notes From the Investment Underground, Politics & Economics
The dogs in the street know Washington is going to have to come up with more cash to plug the gaping holes in banks’ balance sheets. Of course, our Orwellian government doesn’t want us to think that major banks such as Citigroup and Bank of America are insolvent.
Tags: Bank Of America, Banking Sector, economic stimulus package, Financial Sector, Obama, Private Equity Firm
Posted in Notes From the Investment Underground, Politics & Economics |
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Mar 16th, 2009 |
By Contrarian Profits |
Category: Financial News, International Investing
World stocks climbed strongly on Monday for a fifth session running, lifted by hopes that the U.S. economic downturn may be bottoming out as investors sought to take advantage of cheaper equities.
Tags: Bank Of America, Bond Futures, Economic Decline, Economic Downturn, European Shares, Financial Stocks, Global Stocks, Government Bonds, Japan Economy, Jpmorgan Chase, Nikkei Average, US dollar, World Stocks
Posted in Financial News, International Investing |
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