Sid and Cody are attacking the nemesis sprinkler. SId and Cody are my almost 14 year old Jack Russell Terriers. … [Read more...]
Guardian: UKFI: RBS and Lloyds might have to be sold at a loss
March 14, 2012 By Leave a Comment
UKFI: RBS and Lloyds might have to be sold at a lossTreasury select committee extracted the assertion by the members of UK Financial Investments that shares in Royal Bank of Scotland and Lloyds might need to be sold off at a lossJill Treanorguardian.co.uk, Wednesday 14 March 2012 15.31 EDT larger | smallerArticle historyUKFI said that government interference will make it harder to sell the shares in RBS and Lloyds. Photograph: Andy Rain/EPAThe Treasury select committee extracted the assertion by the members of UK Financial Investments (UKFI), which controls the taxpayer stakes in the bailed-out banks, that the shares in Royal Bank of Scotland and Lloyds Banking Group might need to be sold off at a loss and that government interference will only make it harder to buy the shares. Robin Budenberg, the chief executive of UKFI, went so far as to suggest this organisation was the "nuclear deterrent" against any government interference.The appearance also produced the revelation that … [Read more...]
E*Trade stock is up 30% on chatter
March 14, 2012 By Leave a Comment
Update to earlier content on E*Trade.. … [Read more...]
E*Trade stock is up 30% on chatter
March 14, 2012 By 1 Comment
http://youtu.be/Hh8hS8uSoJs E*Trade Baby Commercial via You Tube E*Trade stock closed $7.99 a share on January 26, 2012, and the only way is up after that January 26th close. E*Trade closed on Wednesday, March 14 at $10.40 a share or 30% higher than 48 days earlier. The rise in stock price does follow a rocky end of the 2011 for the online brokerage firm. E*Trade made an announcement to stay the course as an independent entity, and this announcement did not make many investors happy as the stock tanked to close at $7.49 on December 19, 2011. The matchmakers on Wall Street has embraced a definite acquisition of E*Trade, and the hopes of a marriage made in financial acquisition heaven seem to have rekindled with the recent jump in E*Trade stock as fundamentals are not supporting the recent moves in price... E*Trade (NASDAQ: ETFC) 10.40 +0.35 (3.48%) After Hours: 10.39 -0.01 (-0.08%) Mar 14, 4:30PM EDT NASDAQ real-time data - Disclaimer Currency in … [Read more...]
JP Morgan’s announcement boost bank stocks
March 14, 2012 By Leave a Comment
JP Morgan Chase (NYSE: JPM) made the last hour of trading even hotter with the bank's dividend and buyback announcement. The Federal Reserve gave the US largest bank by assets the blessing to raise the dividend on the bank's stock by a nickel to 30 cents a share and allowing a plan buyback of $15 billion of its stock. This announcement was just before the Federal Reserve Bank's Stress Test release by the Federal Reserve Bank on 19 banking institutions, and the performance results were made public after the 4pm market close. The blessing by Federal Reserve was more good news for the markets as the Dow surged 218 points, and the NASDAQ closed above 3000. JP Morgan did lead the industry in announcing the increase on dividends paid to its shareholders.JP Morgan Chase was up 7% to 43.39 at close of business today.... However, many banks and financials were a benefactor on JP Morgan’s announcement late Tuesday. The following DC banking/financial institutions did see significant … [Read more...]
E*Trade buyout rumors?
March 14, 2012 By Leave a Comment
More buyout rumors on E*Trade? The stock is up 1.20% in today's trading, and the chatter box is buzzing about E*Trade. More on E*Trade on the Examiner.com after 3pm today... Google Finance E*Trade (Nasdaq:ETFC) 10.17 +0.12 (1.20%) Real-time: 11:06AM EDT NASDAQ real-time data - Disclaimer Currency in USD Range 10.06 - 10.31 52 week 7.42 - 16.83 Open 10.15 Vol / Avg. 3.46M/5.89M Mkt cap 2.91B P/E 18.83 Related articles After Taleo, Looking at Other Cloud M&A 'Hopefuls' (SKYY, TLEO, ORCL, EQIX, AKAM, RAX, TDC, NTAP, CRM) (247wallst.com) Corrections: Cypress rallies on buyout bid (marketwatch.com) NASDAQ Stock Alert: Great Wolf Resorts (NASDAQ:WOLF) Soars on Acquisition News (press-releases-news.com) Report: Mazda looking to shrink U.S. workforce by offering buyouts, layoffs possible (autoblog.com) Hawks co-owner Levenson dispels Smith trade rumors (seattletimes.nwsource.com) … [Read more...]
Strong Quakes Shake Japan, but No Apparent Damage – ABC News
March 14, 2012 By 1 Comment
Strong Quakes Shake Japan, but No Apparent Damage - ABC News. … [Read more...]
US Unemployment rate 8.3%, South Korea 3.7%
March 14, 2012 By Leave a Comment
The sobering statistic of the unemployment rate in the United States and South Korea is a comparison of how deep our economic damage from the Great Recession. February’s unemployment rate in South Korea rose from 3.2% to 3.7%in February due to an influx of college graduates. In the United States, the unemployment rate remained steady at 8.3 for February. February jobs report came in with 227.000 jobs being added, but the unemployment rate did not change due to formerly discouraged workers reentering the market place. The contrast on employment rate is a sober reminder of the long path of recovery ahead to full employment. United States and South Korea is not the perfect comparison as full employment for the United States is around 5%. A closer investigation will shed some light on the current recovery in the American job market. February’s unemployment rate did drop in 45 out of 50 states showing an improvement in the job market. Bureau of Labor Statistics did … [Read more...]
NBC News: Santorum wins Alabama and Mississippi
March 14, 2012 By Leave a Comment
By Michael O'Brien, msnbc.com Updated 10:50 p.m. -- Rick Santorum scored victories in the Mississippi and Alabama primaries on Tuesday, depriving Mitt Romney of a signature win in a conservative stronghold and raising fresh doubts about the viability of Newt Gingrich's campaign. The former Pennsylvania senator made his case for being the lone, serious Republican challenger to Romney for the remainder of the primary by besting Gingrich in states the former speaker's campaign had previously said were essential to its long-term viability. “We did it again,” Santorum said to wild applause from supporters in Louisiana, and amid projections by NBC News that he would win both Mississippi and Alabama. Romney had hoped to score a victory in Mississippi, thereby proving his ability to win a state that composes part of the heart of the modern GOP. But he appeared to be heading to a third-place finish in both contests, failing to even surpass Gingrich, a candidate who’s … [Read more...]
