FierceFinanceFierceFinanceITFierceSarbox   FierceCIO
Syndicate content

preferred shares news from FierceFinance

Most Popular preferred shares story
Related Tags banks   Goldman Sachs   Warren Buffett   TARP
Tools

News

What to make of Wells Fargo's capital raise

November 5, 2008 — 8:12pm ET | By Jim Kim
Last month, Wells Fargo said it would raise up to $20 billion primarily by selling common shares. But then came the TARP, and the San Francisco-based bank was required to raise $25 billion by selling... Read more...

What should banks do with TARP funds?

October 28, 2008 — 7:00pm ET | By Jim Kim
All along, Treasury officials have been stressing that banks receiving TARP funds should be lending it. How else will the funds ease the credit crunch? Now, even the White House is telling TARP bank... Read more...

Are we in for a spate of regional bank deals?

October 26, 2008 — 7:20pm ET | By Jim Kim
It seems like we've been predicting for a while now that more regional banks will be forced to merge. The real catalyst may be the availability of TARP funds. PNC's deal for National City--there had... Read more...

What to make of big bank stocks

October 20, 2008 — 8:26pm ET | By Jim Kim
We suggested earlier that some analysts might use the historic TARP to push clients back into the murky world of financial stocks. But so far, it seems that analysts are still wary, and not without... Read more...

Star analyst touts three stocks

October 9, 2008 — 2:27pm ET | By Jim Kim
Some would argue that you'd be a fool to buy bank stocks these days, but then again Meredith Whitney is no fool and she recommends the preferred shares of JPMorgan Chase, Bank of America and Wells... Read more...

U.S. vs. UK on bailout plans

October 8, 2008 — 12:03pm ET | By Jim Kim
We're seeing lots of governments move to announce bailout plans. In the U.S., the Treasury is working all-out to implement the freshly passed plan. Britain just announced its own three-part plan.... Read more...

Soros offers an alternative rescue plan

October 1, 2008 — 3:03pm ET | By Jim Kim
George Soros, once known as the Man Who Broke the Bank of England, was in Washington to make clear that he doesn't think much of the bailout plan that Congress just rejected. Rather than an RTC-like... Read more...

Warren Buffett rides to Goldman Sachs' rescue

September 23, 2008 — 8:46pm ET | By Jim Kim
Calling Goldman Sachs an "exceptional institution," Warren Buffett announced he had bought $5 billion in Goldman preferred shares (which pay a whopping 10 percent) and warrants to buy potentially... Read more...

Regional banks at risk due to GSE preferred stock

September 9, 2008 — 11:13am ET | By Jim Kim
The bailout of Fannie and Freddie has been a rank disaster for common shareholders of the two companies. They are clearly the big losers. The preferred shares are not as widely owned, but regional... Read more...

SPOTLIGHT: Merrill Lynch balance sheet

May 13, 2008 — 6:59am ET
Is a 20 percent return on equity possible at Merrill Lynch? One might argue that when you're selling preferred shares at a huge discount to Treasuries, it may be hard. Read more...
12next ›last »