-
5 Large-Cap Stocks with Highest Cash Per Share (BRK, GS, BCS, CS, MS)
Wednesday, November 11, 2009 - 8:23am | 180Below are interesting large-cap stocks on the NYSE and NASDAQ that have highest cash per share. Berkshire Hathaway Inc (NYSE: BRK-A) has the cash per share of $15,800. IBKR has a market capitalization of $157.74 billion. BRK shares have declined by 20.17% over the past 52weeks. BRK shares are...
-
UK’s Financial Services Authority Fines UBS (UBS)
Friday, November 6, 2009 - 11:18am | 130According to FT, UBS AG (NYSE: UBS) was fined by Financial Services Authority (FSA). FSA discovered that the senior staff at UBS used clients’ money to speculate in commodities and foreign exchange markets. This was supposed to have happened between 2006 and 2007. According to FSA, these...
-
Deutsche Bank CEO announces company goals
Friday, November 6, 2009 - 10:05am | 92Josef Ackermann Chief Executive Officer of Deutsche Bank AG (NYSE: DB) indicated that the company aimed to strengthen its consumer banking and asset and wealth management divisions. DB also aims to extend its “market leadership” position in Germany, while lowering its costs as a percentage of...
-
Dollar ETF Runs Out Of Shares (UUP)
Thursday, November 5, 2009 - 4:14pm | 96The ETF Professor took note of a story that just crossed the wires that reports Deutsche Bank (NYSE: DB) has run out of shares for the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP) and will not be able to issue new shares until the SEC approves such an action. Now is the time to watch UUP...
-
Fed Meeting Does Not Stop Stock Futures From Rising
Wednesday, November 4, 2009 - 10:02am | 136US Stock futures rose despite the meeting of the Federal Reserve deciding on riskier stance. The prices for S&P 500 future rose to 1046.9 or 5.2 points, Nasdaq 100 futures rose to 1679.50 or 4 points, and Dow Jones Industrial Average Futures gained 53 points to 9762. Credit Suisse (NYSE: CS)...
-
DAX Index Rose Behind Strong Earning Of German Companies (ADS, SCGLY, DB, DAI, PAH3)
Wednesday, November 4, 2009 - 9:13am | 206For the second day this week, Both the DAX and the broader HDAX indices rose 1.5% to 5,435.09 and 1.7% to 2729.35 respectively. The German Stocks index drew momentum from the promising earnings of companies like Adidas (ETR: ADS), which rose 3.1%. Adidas reported higher than estimated profits as...
-
Retail Chains Fared Better In October
Wednesday, November 4, 2009 - 9:11am | 152Finally, there is some momentum with the retail chains. The NY Times reports that after last autumn, for the first time, in October, Americans seem to be pushing loaded shopping carts. What’s more positive was that retailers were able to achieve these sales without offering any freebies – like...
-
UBS (UBS) Reports Higher Losses
Tuesday, November 3, 2009 - 10:01am | 164Swiss Bank UBS AG’s (NYSE: UBS) net loss was much higher than the market expectation. While the market expected a much lower net loss of 207 million in the 3rd quarter, UBS’ actual loss was much higher – 564 million Swiss Francs. Investors can take comfort from the fact that this loss was much...
-
Delaware Beats Switzerland in Financial Secrecy
Monday, November 2, 2009 - 10:57am | 139A 2007 survey by the Tax Justice Network revealed an amount totaling $2.6 trillion in individual and non-resident deposits taken in by the US. Delaware tops the list of the most secretive financial centers in a survey of 60 jurisdictions in context of laws, practices and money inflows. The ranking...
-
5 Stocks with Highest Cash Per Share (GS, FFH, IBKR)
Monday, November 2, 2009 - 10:08am | 170Below are interesting stocks on the NYSE and NASDAQ with the highest cash per share and low PEG ratio. Goldman Sachs Group Inc (NYSE: GS) has cash per share of $1,540 and the PEG ratio of 0.72. JMP Securities upgraded GS from “market perform” to “market outperform.” Fairfax Financial Holdings Ltd (...
-
Housing - The Myth of "Less Bad"
Tuesday, October 27, 2009 - 9:10am | 348Today's release of the Case Shiller home price index (CS) show that prices fell a better than estimated 11.3% year-over-year and actually increased 1.2% from the prior month. We can expect all the perma-bulls to climb atop their soapboxes and declare that housing and the economy have finally turned...
-
5 NYSE Stocks with Highest Cash and Moving Average (GS, JPM, CS)
Friday, October 23, 2009 - 11:48am | 180Below are interesting stocks on the NYSE with the highest cash. Goldman Sachs Group Inc (NYSE: GS) has total cash of $788.12 billion and a last price up % versus 50-day moving average of 1.24. Deutsche Securities initiated coverage of GS with a “buy” rating. JPMorgan Chase & Co (NYSE: JPM) has...
-
5 NYSE Stocks with Highest Cash and Moving Average (GS, JPM, CS)
Friday, October 23, 2009 - 11:44am | 180Below are interesting stocks on the NYSE with the highest cash. Goldman Sachs Group Inc (NYSE: GS) has total cash of $788.12 billion and a last price up % versus 50-day moving average of 1.24. Deutsche Securities initiated coverage of GS with a “buy” rating. JPMorgan Chase & Co (NYSE: JPM) has...
-
5 NYSE Stocks with Highest Cash and Moving Average (GS, C, JPM)
Thursday, October 15, 2009 - 5:03am | 175Goldman Sachs Group Inc (NYSE: GS) has a total cash of $788.12 billion and a last price up % versus 50-day moving average of 8.34%. Deutsche Securities initiated coverage of GS with a “buy” rating. Citigroup Inc (NYSE: C) has a total cash of $714.03 billion and a last price up % versus 50-day...
-
Blackstone (BX) Says The Best Is Yet To Come
Wednesday, October 14, 2009 - 8:39am | 300Blackstone Group's (NYSE: BX) CEO Stephen Schwarzman said the worst of the industry's (private-equity) problems were behind it, and dealflow and IPO opportunities are opening up again. Schwarzman said in letter that Reuters obtained that he's seeing "more than green shoots" of economic recovery,...