: iStockAnalyst.com Symbols Feed

Unemployment Duration Still Rising

Fri, 04 Dec 2009 19:00:00 GMT

While we got some very good news with the employment report today (see "Unemployment Report - WOW!"), there was one part of the report that was very troubling. While it looks like the number of people entering the pool of unemployed is falling, once people are out of work it is extremely difficult for them to find new jobs.[More...]

The Deep, Inner Meaning Of Bank of America's (BAC) TARP Repayment

Fri, 04 Dec 2009 14:19:07 GMT

As expected, Bank of America (BAC) will repurchase its $45 billion TARP preferreds, funded in part by an additional $18.8 billion in "common stock equivalents", $4.0 billion in asset sales, and $1.7 billion in restricted stock issued to employees in lieu of cash bonuses.[More...]

Forget Yesterday, It's All About Jobs

Fri, 04 Dec 2009 13:21:30 GMT

Good morning. Stocks tanked in the last half-hour on Thursday and while the major news outlets attributed the decline to either profit taking or some trepidation in front of this morning's big Jobs report, we'd like to offer a little more substantial reason for the 85 point dive on an otherwise subdued day of trading.[More...]

Fed Balance Sheet Declines By $15 Billion After Improbable Reduction In MBS, Excess Reserves, Monetary Base Hit Record

Fri, 04 Dec 2009 04:14:41 GMT

The Federal Reserve's balance sheet declined by $15 billion to $2,183 billion from the prior week, after the Fed presumably offloaded $2.7 billion in MBS: this is the first time since QE started that MBS holdings have declined. If anyone can tell us just who the idiots are who bought MBS from the Fed (and at what price), and who the even greater idiots are who are supposed to believe this, please send us an email.[More...]

China Will Continue To Drive The Global Economic Recovery In 2010

Thu, 03 Dec 2009 14:38:07 GMT

China isn’t just leading the global economic recovery – it’s lapping the field.[More...]

Bank of America (BAC) To Repay Entire TARP Money

Thu, 03 Dec 2009 13:33:12 GMT

Bank of America Corporation (BAC) said on Wednesday that in a few days it will repay the entire $45 billion of bailout money it has received from the government for its participation in the Troubled Asset Relief Program (TARP) at the height of the credit crisis last year and after its purchase of Merrill Lynch & Co. earlier this year.[More...]

Interesting Stat: How Much Private Sector GDP Is From Construction And Real Estate?

Thu, 03 Dec 2009 13:15:56 GMT

Back in June, we discussed commercial real estate at length following attendance at a large real estate conference in NYC. Our tone was cautious and one question we wondered about was the percentage of GDP that real estate represents. We actually came across the answer back in August and meant to share then, but didn't get to it. Since the question/topic remains highly relevant to considering the potential negative economic drag from depressed real estate activity, we're sharing now -- the following table is from an 8/28/09 NYTs article, "Construction That Fueled Growth in the Sun Belt Slows":[More...]

Credit Market Overview: Dec 3, 2009

Thu, 03 Dec 2009 12:59:02 GMT

The credit crunch crisis of confidence which we appear to be crawling out of even though the debt and equity markets catapulted themselves higher earlier this year could be similarly argued to be a crisis that started in the credit markets which crunched confidence around the world as it could a collapse in confidence in the value of the securities investors held which corrupted the credit markets causing them to cease funding.[More...]

Treasury gets $146.5M for Capital One warrants

Fri, 04 Dec 2009 22:48:00 GMT

WASHINGTON - The Treasury Department said Friday it received $146.5 million for the warrants of Capital One Financial Corp. in the first auction of the warrants the government received as part of the $700 billion financial system bailout.
Capital One stock closed trading Friday at $37.92 Friday, up from Thursday's close of $36.92.
The government had received nearly 12.7 million warrants in return for providing Capital One $3.56 billion in support from the financial rescue fund in November 2008 at the height of the financial crisis.

: iStockAnalyst.com Symbols Feed

Unemployment Duration Still Rising

The Deep, Inner Meaning Of Bank of America's (BAC) TARP Repayment

Forget Yesterday, It's All About Jobs

Fed Balance Sheet Declines By $15 Billion After Improbable Reduction In MBS, Excess Reserves, Monetary Base Hit Record

China Will Continue To Drive The Global Economic Recovery In 2010

Bank of America (BAC) To Repay Entire TARP Money

Interesting Stat: How Much Private Sector GDP Is From Construction And Real Estate?

Credit Market Overview: Dec 3, 2009

Treasury gets $146.5M for Capital One warrants

Jobless rate dips to 10 percent; workweek hours up

Council could change water appeal deadline next week

Bank robbery suspect nabbed in Myrtle Beach area

First Niagara seeks a new charter: Plans conversion into commercial bank from savings

First Niagara applying to become a commercial bank

Song lyrics' followers go a-saving on some gifts, but not the rings

State Street inks Morgan Stanley outsourcing deal

Bank deposits grew in NEPA

Ga. banks expect more scrutiny of pay, perks

Analyst Choice Progressive Report on Financial, Industrial Goods and Services Sectors

SPDR® S&P® Homebuilders ETF Announces Changes to Portfolio Composition and Purchases and Redemptions of Creation Units

ShopNBC Announces New Credit Facility With PNC Bank

State Street to Expand Alternative Investment Servicing Capabilities; Agrees to Acquire Leading European Administrator

Regions Financial Scheduled to Participate in the 2009 Goldman Sachs US Financial Services Conference

eBillme Launches Affinity and Revenue Sharing Program for eCommerce

Analyst Choice Issues Updated Analysis on Companies Within the Basic Materials & Financial Sectors

Ridgewater Equity Completes Analytical Study of Equities Within Financial & Basic Materials Sectors

Holiday Shoppers Urged to Beware of Scams and Identity Theft

Ridgewater Equity Begun In-Depth Analysis on BB&T Corp., Key Energy Services Inc., McMoRan Exploration Co., Unilever NV, Burger King Holdings Inc. and Realty Income Corp.

Form 4 FIRST NIAGARA FINANCIAL For: Dec 02 Filed by: JUDGE DANIEL W (10K)

Form 4 FIRST NIAGARA FINANCIAL For: Dec 02 Filed by: BOWERS G THOMAS (10K)

Form 4 FIRST NIAGARA FINANCIAL For: Dec 02 Filed by: Philip George M (10K)

Form 4 FIRST NIAGARA FINANCIAL For: Dec 02 Filed by: Baker Thomas E (10K)

Form 4 CAPITAL ONE FINANCIAL For: Dec 03 Filed by: Schneider Ryan M. (10K)

Form 4 CAPITAL ONE FINANCIAL For: Oct 27 Filed by: Schneider Ryan M. (10K)

Form 4 FIFTH THIRD BANCORP For: Nov 27 Filed by: POSTON DANIEL T (10K)

Form 4 FIFTH THIRD BANCORP For: Nov 27 Filed by: Kosch Gregory (10K)

Form 4 FIFTH THIRD BANCORP For: Nov 27 Filed by: REYNOLDS PAUL L (10K)

Form 4 FIFTH THIRD BANCORP For: Nov 27 Filed by: Zink Terry E (10K)