: iStockAnalyst.com Symbols Feed

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...]

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...]

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...]

What Investors Should Look for In Today’s Fed Statement

Wed, 04 Nov 2009 13:04:24 GMT

In its continuing efforts to nurture the fragile economic recovery, the U.S. Federal Reserve is widely expected to leave interest rates at record lows when it concludes its meeting today (Wednesday).[More...]

Are Discount Brokers Shares Worth Owning?

Wed, 04 Nov 2009 01:28:03 GMT

The third quarter was a favorable one for the longs. Except for a few short-lived, minor pullbacks stock prices moved higher through the quarter. Stock price volatility declined, takeover activity rose, and risk appetite improved to help the S&P gain 15%.[More...]

Sanford's stubborn recklessness

Sun, 08 Nov 2009 23:47:00 GMT

Nov. 8--We were staring into an economic abyss.
Wall Street was teetering; trillions of dollars of 401(k) value vanished.
Using a variety of tools, including the $700 billion TARP implemented under the Bush administration and the $787 billion stimulus plan under the Obama administration, the government stopped the bleeding.

: iStockAnalyst.com Symbols Feed

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

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

Your Kind of Day?

The Dollar-Proof Portfolio

What Investors Should Look for In Today’s Fed Statement

Are Discount Brokers Shares Worth Owning?

Sanford's stubborn recklessness

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

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

Business Highlights

Business events scheduled for the coming week

Fed wary of raising key interest rate -- Bernanke, colleagues believe U.S. economy still needs federal help despite recent action

SBT Bancorp, Inc. Reports Third Quarter 2009 Results

Health Care REIT, Inc. Reports Third Quarter 2009 Results

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

HFF, Inc. Reports Third Quarter 2009 Financial and Transaction Production Results

ESSA Bancorp, Inc. Announces Fourth Quarter and Full Year Operating Results for 2009

Form 4 Aardsma David A For: Oct 29 (10K)

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

Form 4 CALDWELL BARRY H For: Oct 15 (10K)

Form 4 Aardsma David A For: Oct 15 (10K)

Form 4 Aardsma David A For: Oct 01 (10K)

Form 3 Edwards Terence W For: Sep 14 (10K)

Form 4 WASTE MANAGEMENT INC For: Sep 17 Filed by: Aardsma David A (10K)

Form 3 Witherell Bruce M For: Sep 14 (10K)

Form 4 Kenny Timothy F For: Sep 06 (10K)

Form 4 Aardsma David A For: Sep 03 (10K)