JP Morgan Chase is offering to buy troubled investment bank Bear Stearns (BSC Message Board) for between $15 and $20 a share, CNBC has learned.
Jin Lee / ASSOCIATED PRESS
Bear Stearns
Bear’s board is currently meeting to discuss the proposal. A deal in principle could be announced Sunday night, although the agreement would still need shareholder approval.
Here’s […]
The fed and Ben Bernanke acting early this time instead of simply reacting. An injection of liquidity prompted a rally in the financial sector, some of todays big movers where banking stocks:
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A quick look at stocks making new lows, and its easy to see that financials are a big part of that group:
Symbol Last Volume %Chg
MER 46.39 38502436 -5.94%
FNM 22.14 29506724 -8.78%
WB 27.83 27130218 -3.13%
JPM 37.67 26329662 -2.76%
LEH 46.11 17427902 -4.06%
FRE 20.06 16178916 -7.30%
AIG 43.46 14730062 -2.58%
SFI 13.35 10204020 -17.34%
MS 40.03 9352478 -3.47%
CROX 19.01 […]
Some emerging debt funds are yielding very attractive dividends in this low interest rate environment.
PowerShares Emerging Markets Sovereign Debt Fund (AMEX: PCY)
Fidelity New Markets Income (FNMIX)
PIMCO Emerging Markets Bond (PEMDX)
Templeton Global Income (NYSE: GIM)
T. Rowe Price Emerging Bond Fund (PREMX)
Western Asset Emerging Markets Debt (NYSE: ESD)
PIMCO Commodities Real Return Fund (PCRDX)
With gold flirting with new highs, a number of new stocks making 52wk highs are mining companies:
AUY - YAMANA GOLD INC
GLD - streetTRACKS Gold
KGC - KINROSS GOLD CORP
CVA - Covanta Holding Cp
GDX - MKT VECT GOLD MNRS
USO - US OIL FUND ETF
AEM - AGNICO EAGLE MINES LTD
PHRM - PHARMION CP
BZP - BPZ Resources
CEF - Central […]
The much awaited Visa IPO is expected to be priced on March 19th.
Visa, the operator of the world’s largest retail electronic payments network, announced terms for its IPO in a filing with the SEC on Monday. The company plans to offer 406 million shares at a range of $37-$42, potentially raising $16 billion at […]
With a 200 point drop in the Dow, you would think stocks are doing badly, but that is not the case with this group of standouts that are not only holding ground, but gaining it. Money is flowing into these stocks:
Investors are gearing up for the VISA IPO : (click for message board)
NEW YORK (AP) — Visa said Monday it could raise almost $19 billion from an initial public offering, which would easily become the largest IPO in U.S. history.
San Francisco-based Visa Inc. said in a Securities and Exchange Commission filing it will offer […]
DLTR is growing today +10% to $29 on beating by 2c (DLTR message board)
