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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...]

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...]

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...]

Fannie Mae Reports Massive Q3 Loss, Asks For Another $15 Billion From Government As It Is Set To Become Largest US Renter

Thu, 05 Nov 2009 22:14:27 GMT

The latest particular does of lunacy and economic calamity coming out of the intellectual midgets at Fannie and the FHA should be sufficient to push the market well into 1,100 territory tomorrow. FNM's loss for Q3 is $18.9 billion, up from $14.8 billion in Q2, a time when the market was up a good 15%: ever wonder who keeps on subsidizing those gain? That's right - you. Credit-related expenses increased to $22 billion in Q3 from $18.8 billion in Q2. Oh, and Fannie now wants another $15 billion rescue from the Treasury (which is having some troubles with getting that pesky debt ceiling raised to one googol) so it can continue with its plan of keeping shadow inventory away from the market, rent foreclosed houses to their owners at staggeringly low rates, and continue the pretence that bank's balance sheets are well capitalized. Seriously, is the twilight zone any more palatable if one just drinks the Kool Aid or takes some crazy pill?[More...]

Toyota Joins Ford And Swings To A Surprise Profit

Thu, 05 Nov 2009 20:23:49 GMT

“This seems to be the quarter when automakers are turning in a better than expected numbers. As with many other automakers, here is what Toyota had today, a surprise profit in its quarterly earnings released early this morning, mid morning in Japan, a profit of $242 million that’s down 84% from the quarter a year ago. Sales, $50 billion, down 24%.[More...]

Your Kind of Day?

Thu, 05 Nov 2009 19:06:48 GMT

As a rule, I try not to read too terribly much into a "Fed Day" as there is usually a big batch of volatility that may or may not mean much of anything come the dawn of the next day. Maybe, it's just me. Or maybe there are others that find themselves inclined to simply stand aside and watch the nuttiness from the sidelines on "Fed Days." But in any event, the volatility after a Fed announcement, while fun to watch, may not be telling as to what to expect in the future.[More...]

The Dollar-Proof Portfolio

Thu, 05 Nov 2009 17:31:14 GMT

Don't put off this important piece of the financial-planning process.[More...]

Community banks still plagued by bad loans

Mon, 09 Nov 2009 00:46:00 GMT

Nov. 8--After a look at banks' third-quarter financial results, one thing is clear: The industry continues to be hobbled by bad loans.
A sampling of small and midsize financial institutions based in the Pittsburgh region shows their provision for loan losses continued to climb, signaling more struggles ahead.
Early in the financial crisis, "All the attention was on the larger banks, which now generally seem to have their problems behind them," said Arnold Danielson, a banking consultant with Danielson Associates in Bethesda, Md. Now, "The smaller institutions seem to be struggling more."

: iStockAnalyst.com Symbols Feed

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

Biostar Raises $3.6 Million

Bulls Back On Track?

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

Fannie Mae Reports Massive Q3 Loss, Asks For Another $15 Billion From Government As It Is Set To Become Largest US Renter

Toyota Joins Ford And Swings To A Surprise Profit

Your Kind of Day?

The Dollar-Proof Portfolio

Community banks still plagued by bad loans

Sanford's stubborn recklessness

Detroit Free Press Tom Walsh column: Plenty of reasons to temper our optimism

Federal law gives rights to renters: Banks hide details during foreclosures

Shuttered factories pose big challenges for communities

ECONOMY: County's 2nd set of E85 pumps opens on High and South Transit

National City branches becoming PNC this weekend

SBT Bancorp, Inc. Reports Third Quarter 2009 Results

Health Care REIT, Inc. Reports Third Quarter 2009 Results

The Future of the Natural Gas Vehicles Market

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

PMA Capital Reports Improved Third Quarter 2009 Results

B of I Reports First Quarter Net Income of $3.7 Million; Best Quarterly Earnings and Net Interest Margin

Senior Housing Properties Trust Announces Results for the Periods Ended September 30, 2009

Form 4 SHEPARD DONALD J For: Nov 05 (10K)

Form 4 DEMCHAK WILLIAM S For: Oct 29 (10K)

Form 4 GUYAUX JOSEPH C For: Oct 29 (10K)

Form 4 JOHNSON RICHARD J For: Oct 29 (10K)

Form 4 PATTERSON SAMUEL R For: Oct 29 (10K)

Form 4 SHACK TIMOTHY G For: Oct 29 (10K)

Form 4 WHITFORD THOMAS K For: Oct 29 (10K)

Form 4 ROHR JAMES E For: Oct 29 (10K)

Form 4 PNC FINANCIAL SERVICES For: Oct 15 Filed by: WHITFORD THOMAS K (10K)

Form 4 PNC FINANCIAL SERVICES For: Oct 15 Filed by: SHACK TIMOTHY G (10K)