: iStockAnalyst.com Symbols Feed

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...]

Bank of America (BAC) Hopes To Lure Top Shelf Talent By Paying Back TARP Loans

Thu, 03 Dec 2009 20:31:33 GMT

Bank of America Corp. (NYSE: BAC), the nation’s biggest lender, reached an agreement to repay $45 billion of Troubled Asset Relief Program (TARP) bailout funds, removing government imposed restrictions on executive pay that have hindered its search for a new CEO.[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...]

15 European Banks Now Have Assets Larger Than Their Domestic Economies, Versus 10 Pre-Crisis

Thu, 03 Dec 2009 13:39:38 GMT

It appears just as in the US, where "the big 4" financial oligarchs now dominate, gave become even "too bigger to fail" post crisis and make a farce of "8000 competitors"....[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...]

Grab Some Northern Exposure With EWC

Wed, 02 Dec 2009 21:39:42 GMT

Emerging markets are captivating investors again, but tidy profits aren’t always far away. Placing your bets on well-established global markets can also prove rewarding. That's why we're looking at Canada.[More...]

Bank robbery suspect nabbed in Myrtle Beach area

Fri, 04 Dec 2009 13:46:00 GMT

Dec. 4--A 50-year-old Concord, N.C. man wanted for seven bank robberies in the Carolinas was arrested in Myrtle Beach, according to the State Law Enforcement Division.
Jonathan L. Thompson was arrested Tuesday by SLED agents and the Horry County SWAT team officers in a room at America's Best Value Inn and Suites on U.S. 501, said SLED Spokeswoman Jennifer Timmons.
She said Thompson is charged in South Carolina with four counts of bank robbery.

: iStockAnalyst.com Symbols Feed

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

Bank of America (BAC) Hopes To Lure Top Shelf Talent By Paying Back TARP Loans

China Will Continue To Drive The Global Economic Recovery In 2010

15 European Banks Now Have Assets Larger Than Their Domestic Economies, Versus 10 Pre-Crisis

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

Credit Market Overview: Dec 3, 2009

Grab Some Northern Exposure With EWC

Bank robbery suspect nabbed in Myrtle Beach area

Cost-cutting helps Belk profit

Serial bank robbery suspect charged in federal indictment

67.5% of state-based banks unprofitable: That's twice as many as last year; total loss $824 million in 3Q

Business leaders split on economy: Bankers' outlook upbeat. Duke chief's not so rosy.

Obama's jobs summit faces worst statistics since WWII

Triangle jobless rate at 8.9%

UPI NewsTrack Business

Rev. Jackson calls for foreclosure hiatus

EDITORIAL: The Ransom of AIG

Wachovia Preferred Funding Corp. Declares Dividend on Series A Preferred Securities

AFS Technologies, Inc. Acquires Assets of Softrax Corporation

RidgewaterEquity.com Free Fundamental Sector & Market Research on KIM, SOL, LMT, WFC, MET and TDW

Exterran Partners Completes Acquisition of Additional Assets from Exterran Holdings

Wells Fargo Commercial Banking Increases Focus on Illinois, Names Lisa Johnson Regional Head

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

Latest Wells Fargo Survey: Expectations for Increased Revenues Improve Small Business Owner Optimism

Marlin Business Services Corp. Reports Third Quarter 2009 Results

Corporate Office Properties Trust Reports Third Quarter 2009 Results

Washington Trust Announces Third Quarter 2009 Earnings

Form 4 WELLS FARGO & CO/MN For: Nov 30 Filed by: White Julie M (10K)

Form 4 WELLS FARGO & CO/MN For: Nov 30 Filed by: STROTHER JAMES M (10K)

Form 4 WELLS FARGO & CO/MN For: Nov 30 Filed by: CALLAHAN PATRICIA R (10K)

Form 4 WELLS FARGO & CO/MN For: Nov 24 Filed by: White Julie M (10K)

Form 4 WELLS FARGO & CO/MN For: Nov 21 Filed by: STUMPF JOHN G (10K)

Form 4 WELLS FARGO & CO/MN For: Nov 21 Filed by: OMAN MARK C (10K)

Form 4 WELLS FARGO & CO/MN For: Nov 21 Filed by: HOYT DAVID A (10K)

Form 4 WELLS FARGO & CO/MN For: Nov 21 Filed by: ATKINS HOWARD I (10K)

Form 4 STUMPF JOHN G For: Nov 07 (10K)

Form 4 OMAN MARK C For: Nov 07 (10K)