Diversified Capital Markets

The Justice Department has accused Deutsche Bank (NYSE: DB) of "recklessly" lying about the quality of loans it made, and is suing the German bank for almost $1 billion in damages.

Glencore's IPO is expected to be the mother of all IPO'S, as the company announced terms for its IPO this morning. The company said it would look to raise as much as $10 billion in the sale, which would value the Swiss commodity giant around $60 billion. The share price is going to be set at 480...

Glencore's prospectus announces investors and their stakes. Aabar to invest $850M Blackrock (NYSE: BLK) to invest $360M Brookside capital to invest $225M Credit Suisse (NYSE: CS) to invest $175M Eton Park Funds to invest $$200M

JMP Group Inc. (NYSE: JMP), an investment banking and alternative asset management firm, announced today that its board of directors has voted to increase the company's cash dividend to $0.025 per share for the first quarter of 2011, an increase of 25% from the prior quarter. The dividend will be...

Below are the top mortgage investment stocks on the NYSE and the NASDAQ in terms of PEG ratio America First Tax Exempt Investors LP (NASDAQ: ATAX) has a PEG ratio of 1.00. ATAX's trailing-twelve-month revenue is $18.95 million. American Express Company (NYSE: AXP) has a PEG ratio of 1.16. AXP's...

Federal officials unleashed a civil mortgage fraud lawsuit on Tuesday against Deutsche Bank (NYSE: DB) and its mortgage arm, alleging the German banking heavyweight defrauded the U.S. government of hundreds of millions of dollars and engaged in reckless lending practices. The charges, which are...

Shares of Deutsche Bank AG (NYSE: DB) are lower on the session by 2.73%, trading at $63.36. Overall put volume is now running at 3.59x the daily average, with 66% of all puts traded being purchases on the offer. 2,019 contracts have traded on the session so far. Deutsche Bank AG is a global...

U.S. sues Deutsche Bank (NYSE: DB). Deutsche Bank sought to join U.S. mortgage insurance program. The damages may total more than $1B under U.S. law.

Shares of Credit Suisse Group AG (NYSE: CS) are lower on the session by 0.02%, trading at $43.98. Overall call volume is now running at 5.06x the daily average, with 45% of all calls traded being purchases on the offer. 1,457 contracts have traded on the session so far. Credit Suisse Group AG is...

It appears that Germany is the strongest member of the European Union and is the country that seems to be the primary member keeping the EU alive. Germany contributes more money by far than any other country to the EU, approximately 21% of the total EU budget. From an income investing standpoint,...

According to the Reuters report, the European Union is probing major banks all around the world over credit default swaps, and has opened two antitrust investigations on the matter. The European Commission said today it would investigate whether 16 investment banks and CDS market information...

ParkerVision (NASDAQ: PRKR) ParkerVision, Inc. designs, develops and markets its proprietary RF technologies which enable advanced wireless communications for current and next generation mobile communications networks. Its solutions for wireless transfer of radio frequency (RF) waveforms enable...

JMP Group Inc. (NYSE: JMP), an investment banking and alternative asset management firm, reported financial results today for the quarter ended March 31, 2011. Total net revenues were $42.9 million, compared to $25.2 million for the first quarter of 2010. Adjusting for the impact of non-cash...

Apple (NASDAQ:AAPL), the maker of iPads and iPhones, didn't not participated in the session gains, as shares fell 0.73% to $350.42. Amazon.com (NASDAQ:AMZN), the largest online retailer, fell 1.68% to $182.30 ahead of its quarterly report. In after hours, the stock fell 2.5% to $177.75 after...

Bloomberg reports that Goldman Sachs (NYSE: GS) files liquidation plan for Lehman. Goldman creditor group includes Credit Suisse Group AG (NYSE: CS).