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stocks
Latest Headlines
Latest Headlines
BofA low stock price looms as big issue
Bank of America's stock continues to test new lows, despte rally Wednesday.
It has dwindled to the important $5 a share barrier, and frankly no one would be surprised if it sank below that level soon. Stocks that trade below $5 a share are widely considered penny stocks--a distinction that big
Hedge funds still holding up better than stocks
Many hedge funds have taken their lumps recently. August was a terrible month. By one measure, the Hennessee Hedge Fund Index, funds on average declined 3.36 percent in August and are down 1.80 percent year to date on a net basis. The S&P 500, meanwhile, fell 5.68 percent in August and is down
Short sellers suggest doomsday scenario for banks
Short-sellers seem to be at a critical point with banks. They have generated some gains, but they may also sense that they may be on the cusp of even larger gains--if only the banks stocks would tumble further.
Short-sellers have sketched out a super-bearish scenario to FOX Business Network
Citigroup to hike dividends, reverse split
There was a day when a reverse split signaled stock had been so battered that the only way to stay off the Pink Sheets was to reverse split massively. But when it comes to big banks that were bailed out by the federal government, a reverse split is much more of a positive indicator.
Under a pl
What does Apple's popularity with hedge funds mean?
Goldman Sachs did the world a favor when it released its list of stocks that were the most widely held by hedge funds. At the top of the list was Apple, which has led to some unflattering portrayals of hedge funds for their lack of creativity.
"The one company that will, without a shadow of a
The big copper buyer mystery remains unsolved
The price of copper keeps going higher, another great example of the bull market in commodities and metals. Copper prices rose to yet another record high this week on the London Metal Exchange, as "speculation swirled about the identity of the trading house sitting on the large position at the LME
Hedge funds riding equity market beta?
Hedge funds have had a good run as of late, and by a several measures they've managed to beat the major stock market indexes so far this year. Over the first nine months of the year, the Barclays hedge fund index has soared 5.2 percent. That compares with a 3.91 percent gain for the S&P 500 an
Securities lending backfires on banks
Securities lending has a reputation as a sleepy sort of backwaters on Wall Street, rife with rough-and-tumble practices as unsavory brokers search for shares that can be lent.
Wall Street banks, sensing opportunity, created programs that called for big institutional clients, mainly pensions an
Hedge funds aim to cash in on Apple?
Hedge funds ( hedge fund news) apparently got giddy when Consumer Reports issued its report on the iPhone 4. The influential publication said it could not recommend people buy the iPhone 4 because of its tests that showed a troubling signal loss when the device is held in a certain position
Circuit breakers to stem another Flash Crash?
The SEC ( SEC news) has moved forcefully in the wake of the May 6 Flash Crash, proposing a new set of circuit breakers on individual stocks in the S&P 500 that would hold across exchanges and execution venues. Trading will halt in a stock if the price moves by 10 percent or more in a five-m
