Wednesday, December 03rd, 2008

Hot Topics : Why You Must Own Gold | Commercial Real Estate Doom | The Greater Depression | Thanksgiving Turkeys

Posts Tagged ‘ SOV ’

$250bn Bank Rescue Will Encourage Acquisitions, Not Lending

Oct 30th, 2008 | By William Patalon III | Category: Politics & Economics

The Treasury’s plan to inject $250 billion in capital directly into US banks is underway. But William Patalon III says some of these taxpayer funds will be used by big banks to acquire junior competitors. This means the increase in lending that the plan is supposed to spark will be modest at best. And less competition in the banking sector could mean a rise in fees going forward.



Mitsubishi UFJ Takes 21% Stake in Morgan Stanley, Santander Moves on Sovereign

Oct 14th, 2008 | By Julie | Category: Financial News, Stock Market Investing

Morgan Stanley (MS) announced yesterday (Monday) that it closed its long-awaited deal with Mitsubishi UFJ Financial Group (ADR: MTU), giving Japan’s largest financial group a 21% stake in the beleaguered U.S. investment bank. Meanwhile, Sovereign Bancorp Inc. (SOV) confirmed last night that it has agreed to be bought out by Spain’s Banco Santander SA (ADR: STD) with regards to a possible buyout.



Go Short Boeing (BA) and Long National City (NCC)

Oct 2nd, 2008 | By Andrew Snyder | Category: Featured, Financial News

US stocks have tumbled again today in the absence of a deal on the bailout plan.

Andrew Snyder says the current “neck-breaking” volatility creates great profit plays for contrarain investors. He recommends using puts to bet on further downside for Boeing (NYSE:BA).

To hedge, he advises investors buy call options on National City Corporation (NYSE:NCC). This bank has a solid balance sheet and could soar if the $700 billion bailout is passed in Congress.



Global Investing Roundups Wednesday, October 1st, 2008

Oct 1st, 2008 | By William Patalon III | Category: Financial News, International Investing

Oil’s Big Rebound; More Deposit Insurance; Home Prices Continue to Collapse; Sovereign Soars on Management Change; Taking Midway Private; Pfizer’s R&D Refocus