: iStockAnalyst.com Symbols Feed

18 Rules Associated With Complex System Failure

Sat, 07 Nov 2009 22:19:53 GMT

This list below was on ZDnet and is a cut and paste job from this Brief Paper "How Complex Systems Fail" by Richard I. Cook. I suggest reading Normal Accidents if this field of extreme risk interests you. My only argument is how often behaviour and culture and positive re-inforcement in the form of money etc. aren't mentioned as leading to accidents.[More...]

Estimating Future Dividend Growth

Fri, 06 Nov 2009 23:21:36 GMT

Estimating future dividend growth is difficult if not impossible. Companies which might have had a long history of consistent double digit increases might stop raising dividends and might even cut them.[More...]

Wall Street Closes Higher, General Electric (NYSE: GE) Rallies

Fri, 06 Nov 2009 23:14:45 GMT

US stocks finished higher on Friday as investors shrugged off disappointing government data showing the unemployment rate hit 10.2 percent in October - the highest in 26-1/2 years.[More...]

Wells Fargo (WFC) Kicks The Can By Transofrming Option ARM Mortgages Into Interest Only

Fri, 06 Nov 2009 17:31:26 GMT

If you are not familiar with what an option ARM mortgage is, read this piece (Aug 13, 2008: Option ARMs- Who Thought Up these Time Bombs?)). I too was unfamiliar with it, despite following markets closely, until I read a BusinessWeek article in October 2006. Interest only mortgages? Yep I knew about those.[More...]

Biostar Raises $3.6 Million

Fri, 06 Nov 2009 17:26:18 GMT

Biostar Pharmaceuticals has completed a private placement that raised $3.6 million in new capital. Biostar will use the proceeds to complete its new raw materials processing facility. By taking its raw material production in house, Biostar will lower costs and ensure its product quality. Biostar plans to sell excess raw materials to other pharmaceutical companies in the Shaanxi province.[More...]

Accounting At B of A And Fannie

Fri, 06 Nov 2009 17:21:37 GMT

Via Yves Smith, John Hempton analyzes the quarterly results of Bank of America (so-so) and Fannie Mae (terrible). The underlying issue is that bank quarter-to-quarter results are largely driven by the amount of provisions they take against future loan losses. You can think of this as a very rough approximation to marking-to-market — instead of waiting for the loans to default, you estimate how many loans will default in the future (that estimate should change as the economic situation changes) and put that amount of money into reserves. Then when the defaults actually happen, you take the money out of reserves.[More...]

Bulls Back On Track?

Fri, 06 Nov 2009 16:21:18 GMT

Good morning. With chants of "Dow 10K… Dow 10K" once again rising from the streets at the corner of Broad and Wall yesterday, it is easy to believe that the bulls are back on track and that we'll soon be looking at new highs for the stock market. And when reviewing the data inputs to yesterday's 204 point romp, it is also easy to don the Dow10K hat once again and join in on the celebration.[More...]

Ford's Main Problem: The UAW's Crippling Job Classifications And Work Rules

Fri, 06 Nov 2009 13:52:50 GMT

Ford's 2,215 page 2007 master contract with the UAW 1941 UAW-Ford contract[More...]

Owners, lenders offered a hand

Sun, 08 Nov 2009 07:49:00 GMT

Nov. 8--TAMPA -- Consumers may not realize it, but shopping centers throughout the Bay area -- even some that appear successful -- are teetering on foreclosure.
Such foreclosures could ripple across the economy in a way that some economists say would make the residential real estate bust pale in comparison.
CB Richard Ellis, the world's largest commercial real estate company, is launching a new division to concentrate on receivership for commercial properties.

: iStockAnalyst.com Symbols Feed

18 Rules Associated With Complex System Failure

Estimating Future Dividend Growth

Wall Street Closes Higher, General Electric (NYSE: GE) Rallies

Wells Fargo (WFC) Kicks The Can By Transofrming Option ARM Mortgages Into Interest Only

Biostar Raises $3.6 Million

Accounting At B of A And Fannie

Bulls Back On Track?

Ford's Main Problem: The UAW's Crippling Job Classifications And Work Rules

Owners, lenders offered a hand

BofA director flying high on perks of special deal: Former FleetBoston CEO Chad Gifford's jet travel cost bank more than $1million last year.

UPI NewsTrack Business

Citigroup issues employees stock options

BofA took risks long before Merrill: In '07, CEO Lewis launched effort to ramp up loans, investment banking while still spending on deals.

Business surfaces to maintain troubled commercial properties

St. Louis Post-Dispatch, David Nicklaus column: The federal bailout of banks may not be as costly as feared

SBT Bancorp, Inc. Reports Third Quarter 2009 Results

Timothy Ryder Joins RW Smith as Midwest Regional Director

AIG Reports Third Quarter 2009 Results

Wells Fargo Named Best Consumer Internet Bank in North America by Global Finance Magazine

Gramercy Capital Corp. Reports Third Quarter 2009 Financial Results

Health Care REIT, Inc. Reports Third Quarter 2009 Results

GeoMet Announces Borrowing Base Determined at $135 Million

Signature Bank to Present at Bank of America Merrill Lynch 2009 Banking and Financial Services Conference

Central Bancorp, Inc. Reports Financial Results for the Three and Six Months Ended September 30, 2009

Form 4 ROSSOTTI CHARLES O For: Nov 01 (10K)

Form 4 WELLS FARGO & CO/MN For: Oct 24 Filed by: STUMPF JOHN G (10K)

Form 4 WELLS FARGO & CO/MN For: Oct 24 Filed by: OMAN MARK C (10K)

Form 4 WELLS FARGO & CO/MN For: Oct 24 Filed by: HOYT DAVID A (10K)

Form 4 WELLS FARGO & CO/MN For: Oct 24 Filed by: ATKINS HOWARD I (10K)

Form 4 WELLS FARGO & CO/MN For: Oct 22 Filed by: HOYT DAVID A (10K)

Form 4 WELLS FARGO & CO/MN For: Oct 22 Filed by: OMAN MARK C (10K)

Form 4 BANK OF AMERICA CORP For: Oct 21 Filed by: SCULLY ROBERT W (10K)

Form 3 FEDERAL HOME LOAN MORTGA For: Oct 12 Filed by: Kari Ross Jay (10K)

Form 4 WELLS FARGO & CO/MN For: Sep 28 Filed by: Modjtabai Avid (10K)