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Stock Prices
Latest Headlines
Latest Headlines
Big debate continues over insider trading legality
Ever since the insider trading scandals hit the headlines, people have been debating whether insider trading should be legalized.
The pro-insider trading crowd argues that the effect will be additional price information reflected in stock prices in more timely fashion, which is a good thing.
Citigroup joins the weak-revenue trend
So far, the scourge of the third-quarter bank results has been a troubling lack of top line growth--a vexing problem with no easy fix.
Citigroup became the latest bank to succumb to this malady. Revenues came in at $20.8 billion, slightly up from the prior year and previous quarter. Citigroup
Bank of America's Moynihan a model of CEO compensation
No issue has been more rancorous in the banking industry than executive pay, CEO pay in particular. The rhetoric has been heated on all sides.
But as stock prices have tanked, we're seeing a de facto change in the compensation structure of a few CEOs, chief among them, Brian Moynihan, of Bank
Is it time to break up big banks?
Over the past few years, we've sporadically heard calls from analysts and bank shareholders that big banks should consider some profound breakups as a way to unlock shareholder value. With many banks trading well below book value and even the likes of JPMorgan and Goldman Sachs trading at about th
Correlation less of an issue in 2011
A big concern in the hedge fund universe last year was a high degree of correlation that seemed to question the very premise of hedge funds. The correlation among stocks was troubling enough . The correlation among a lot of disparate asset classes was even more cause for worry.
But Market
Success story: BONY Mellon
When the results of the stress tests were made known, only three were expected to be profitable in 2010 under the adverse scenario. The leader of the elite group was not Goldman Sachs, rather it was Bank of New York Mellon, notes Fortune .
The bank indeed finds itself in strong position. No
Are we in for small-bank consolidation?
There are more than 8,300 banks in the United States, nearly 10 fewer than five years ago, notes CNNMoney . But the economics of the industry are such that we may be in for an active period of consolidation. We're seeing that already at the big bank level. Some think it is only a matter of time
Temasek defends Bank of America sale
Temasek Holdings, the Singapore sovereign wealth fund, made headlines when it sold its entire 3 percent stake in Bank of America. It has not quantified anything, but most people assume it took losses anywhere from $2.3 billion to $4.6 billion, reports the Financial Times . While we will not soo
Big mystery: Morgan Stanley's CDS and stock prices
Morgan Stanley's shares have staged an impressive rally as of late. It's up about 50 percent and some think it may rise more. Bloomberg astutely asks: If the prognosis is so rosy, why are Morgan Stanley's credit default swap prices still high? Reconciling CDS spreads and stock prices is one of
Bank dilemma: How to pay employees
Bank stock prices remain at historical lows, and TARP restrictions prevent them from buying back shares. That one-two punch has left Citigroup, Morgan Stanley and probably a host of others short on shares they'll need to compensate employees, notes Dow Jones .
Their only choices are to go
