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Street Bracing For Sharp Downside At Open - Buffett Making Bet On Economy With BNSF Rail Purchase

Tue, 03 Nov 2009 13:16:58 GMT

U.S. stock futures continue to point to a sharply lower open Tuesday. An Australian interest-rate hike is seen as a sign of more tightening to come around the globe, the timing of which will be crucial in keeping the recovery on track. European banking declines weighed on markets there and are likely to pressure their U.S. counterparts. Some shares have improved. Rail deal news was a supportive factor.[More...]

ETF Preview: Transportation Funds Get Boost From BNI Deal - Banking Funds Drop On European News

Tue, 03 Nov 2009 12:52:36 GMT

Major market ETFs, including the SPY, DIA, UYG and others, are lower in reaction to sharp downside futures trading. European banking declines are weighing on financial markets. An Australian interest-rate hike is seen as a sign of more tightening to come around the globe, the timing of which will be crucial in keeping the recovery on track.[More...]

Is The Asset Management Industry Ripe For Mergers And Acquisitions?

Mon, 21 Sep 2009 14:00:05 GMT

BlackRock's purchase of Barclays Global Investors could spur more consolidation.[More...]

Non-U.S. Banks - May 13 2009 9:38AM

Wed, 13 May 2009 13:40:00 GMT

In general, we believe it is still a bit early to get involved with non-US bank stocks as the fundamental outlook remains weak -- asset quality will continue to deteriorate as individuals and companies default on loans, and revenues should continue to fall as loan growth falters and investment banking faces a dearth of new business in the face of economic slowing. Consumer job losses and sluggish business conditions are increasing worldwide, which will tend to dampen demand for credit, even assuming banks are capable of lending more. Moreover, these factors will also hurt asset quality and increase losses on the existing "good" loan portfolios, even apart from considerations of toxic assets. Combined with top-line pressure due to weakening economic conditions, non-US banks face a daunting outlook. That said, we believe that banks in stable emerging economies, such as Chile, Brazil or India, may be more attractive investments, similar to what we[More...]

Government Intervention In The Financial System Might Not Be As Good As Previously Expected

Mon, 09 Mar 2009 13:55:00 GMT

Over the weekend the British government announced that it was increasing its stake in UK bank Lloyds TSB (LYG) to 65% and possibly 77% in return for insuring over 367 billion dollars in toxic assets. The government will do that by converting some of its preferred shares in the bank into common. As part of the agreement, the bank will take a "first loss" of up to 25 billion pounds, with the U.K. government shouldering 90% of any subsequent loss. Lloyds was one of the most conservative lenders in the UK which didn’t have as much exposure to toxic assets until it acquired troubled bank HBOS back in September 2008. The way events unfolded back in September and October when banks[More...]

Non-US Banks - Mar 6 2009 6:46PM

Fri, 06 Mar 2009 22:40:00 GMT

As in the US, non-US bank stocks continue on a downward trend this year due to the financial problems that began in the US subprime mortgage market and spread globally to engulf many major financial institutions in most countries. The median year-to-date stock price decline for non-US banks in the Zacks universe is 27.1%, compared to a loss of 21.1% for the S&P 500. This includes median price declines for non-US banks in the Zacks universe of 47.6% in Europe, 29.7% in Asia, and 14.6% in Latin America. In response to the global financial crisis, governments have taken dramatic action to forestall the possibility of global meltdown. These rescue efforts include: Australia - guarantee of all bank deposits for three years and will guarantee all wholesale funding to Australian banks for five years Brazil - reduction in reserve[More...]

Dividend Investors Watch Out

Mon, 02 Mar 2009 17:26:00 GMT

Two more companies joined the ranks of the dividend cutters, as PNC Financial (PNC) and International Paper (IP) both took a significant bite out of their yields. The move is clearly an effort to strengthen the balance sheet as PNC will be able to conserve $1 billion in capital per year because of this 85% reduction. This strategic move was not hard to anticipate because PNC’s yield had crept up over 10% and the dividend payout ratio was about 93% of this year’s expected profits. [More...]

The Top 25 European Banks By Assets

Sun, 15 Feb 2009 16:29:00 GMT

Just a few hours ago, I posted an article about European toxic asset exposure based on a Telegraph article. The crux of the Telegraph piece was that European banks have a shed load of bad debt on their books. A secret European Commission document allegedly put[More...]

Wall Street Tumbles On Bank Anxiety, Wells Fargo Drops

Fri, 13 Feb 2009 21:59:23 GMT

US stocks finished with sharp losses on Friday due to the ongoing anxiety about the health of the banking system.[More...]

Stock Picks 2009 Part II

Fri, 23 Jan 2009 16:19:00 GMT

Our researcher, Ronan Cull, has put together this list of stock picks (Irish, UK, Canadian and US) from around the web. Any take your fancy! Chart - Save - Alert with Zignals for free. "Changing Value: 9 picks for 2009 = APC, GE, ISRG, WFC, and more" Sheldon Liber (BloggingStocks.com) 1. American Eagle Outfitters (AEO) 2. Anadarko Petroleum (APC) 3. Anglo American (AAUK) 4. Annaly Capital Management (NLY) 5. Diageo plc. (DEO) 6. General Electric Company (GE) 7. Intuitive Surgical Inc. (ISRG) 8. Wells Fargo and Company (WFC) 9. EZCorp Inc. (EZPW) "Brokers Bullish ISEQ after rise" Pat Boyle (Independent.ie) Davy: 1. CRH 2. Ryanair 3. Kerry 4. Glanbia 5. ARYZTA 6. Smurfit Kappa Group "Analysts Name Stock Picks for 2009" Ted Jackovies[More...]

Evening Standard, London, market report column

Sat, 07 Nov 2009 02:45:00 GMT

Nov. 6--Stock market investors were doing their best to look on the bright side today after the combined losses from Royal Bank of Scotland and British Airways reached £1.79 billion during the first six months of the year.
BA responded with a rise of 9p at 195 1/2p -- making it the best blue chip performer -- while Royal Bank of Scotland, which this week was promised a further £33.5 billion of taxpayers' money, put on 0.4p at 35.6p.
Citigroup sees a brighter future for Lloyds Banking Group, 1/2p better at 83 1/2p, now that the Government has given the UK's biggest mortgage lender the go-ahead to raise £21 billion of new capital.

: iStockAnalyst.com Symbols Feed

Street Bracing For Sharp Downside At Open - Buffett Making Bet On Economy With BNSF Rail Purchase

ETF Preview: Transportation Funds Get Boost From BNI Deal - Banking Funds Drop On European News

Is The Asset Management Industry Ripe For Mergers And Acquisitions?

Non-U.S. Banks - May 13 2009 9:38AM

Government Intervention In The Financial System Might Not Be As Good As Previously Expected

Non-US Banks - Mar 6 2009 6:46PM

Dividend Investors Watch Out

The Top 25 European Banks By Assets

Wall Street Tumbles On Bank Anxiety, Wells Fargo Drops

Stock Picks 2009 Part II

Evening Standard, London, market report column

Evening Standard, London, Market Report Column

Daily Mail, London, Market Report Column

FSA Targets Short-Selling Crackdown

Evening Standard, London, Market Report Column

Britain Flounders in World Table of Banks' Confidence

Evening Standard, London, Market Report Column

Daily Mail, London, Market Report Column

State-Backed Banks "Risk Price Collapse"

Evening Standard, London, Market Report Column

RidgewaterEquity.Com Free Fundamental Sector &Amp; Market Research on OLN, LXK, SGP, MMM, LYG and STSI

MaybachFinancial.Com Posts Free Analyst Report on HAL, JCI, KEY and LYG

Zacks Analyst Blog Highlights: Cox Radio, Lloyds Banking Group Plc, Acergy SA, Tech Data Corp and Town Sports International Holdings Inc.

Zacks Industry Outlook Highlights: Royal Bank of Scotland, Lloyds TSB Group, Barclays, Banco Santander and Banco Bilbao Vizcaya Argentaria - Jan 15 2009 11:54PM

BenchmarkJournal.Com (Complimentary) Analyst Review for JBL, AIG, BLK and LYG

Zacks Analyst Blog Highlights: Toyota Motor Corp., Whole Foods Market, Inc., Penn Virginia Resource Partners, Trident Microsystems Inc. And Lloyds TSB Group Plc.

Zacks Analyst Blog Highlights: Coca-Cola FEMSA, S.A.B. De C.V., Montpelier Re Holdings Ltd., Lloyds TSB Group Plc., Journal Communications, Inc. And Telecomunicacoes De Sao Paulo S.A.

Zacks Analyst Blog Highlights: Everest Re Group, Ltd., State Auto Financial Corp., Sangamo Biosciences, Inc., Lloyds TSB Group Plc. And HBOS Plc.