Archive for the 'Dollar Investment' Category

Security Capital slumps 37% after hiring Rothschild, loss warning

Monday, March 3rd, 2008

Bond insurer hires Rothschild to mull strategic options, warns of big loss
SAN FRANCISCO (MarketWatch) — Security Capital Assurance lost more than a third
of its market value on Monday after the bond insurer said it’s hired Rothschild
Inc. as an advisor to consider strategic options and warned of a big loss.
Security Capital (SCA) said its annual 10-K […]

US Stocks Down Ahead Of Data; Credit Spreads Widen

Monday, March 3rd, 2008

NEW YORK (Dow Jones)–U.S. stocks fell at the open in sympathy with overseas
markets, as the dollar’s continued weakness buoyed commodities and credit spreads
widened.
Markets now await the Institute for Supply Management’s manufacturing survey at
10 a.m. EST, which is expected to signal a slowdown after reports from the New
York and Philadelphia regions showed February contractions. Similarly, on […]

Why MBIA has to pay retention awards?

Monday, March 3rd, 2008

LONDON (MarketWatch) — Bond insurer MBIA has moved to cut, but not eliminate,
executive bonuses.
The troubled company (MBI) boasted in an SEC filing Monday that it would be
making some of the lowest bonus payments in its history.

US Essentially in Recession

Monday, March 3rd, 2008

Buffett Says US Economy Essentially in a Recession
OMAHA, Neb. (AP) — Billionaire Warren Buffett says the U.S. economy is essentially in a recession even if it hasn’t met the technical definition of one yet.Buffett said Monday in an interview with CNBC that the reports he gets from the retail businesses his holding […]

US Hot Stocks To Watch: CMOS FNSR MWE NOC EADSY BA ABK BRKA

Monday, March 3rd, 2008

US Hot Stocks To Watch: CMOS FNSR MWE NOC EADSY BA ABK BRKA
Last Update: 3/3/2008 7:11:15 AM
SAN FRANCISCO (Dow Jones) — Among the companies whose shares are expected to see
active trading in Monday’s session are Credence Systems Corp. (CMOS), Finisar
Corp. (FNSR) and MarkWest Energy Partners LP.
Credence Systems (CMOS, $1.42, $0, 0%) is expected to report […]

Why Emergency FED meeting? Would that has something to do with ABK bailout plan?

Monday, March 3rd, 2008

Why have an Emergency meeting of the FED on Monday morning, NY time? Is that has something to do with helping ABK rescue plan since ABK is the centered of the market focus? Just speculation, sure, but the timing is interesting.

ANALYST RATINGS CHANGES AS OF 1200 GMT

Monday, March 3rd, 2008

ANALYST RATINGS CHANGES AS OF 1200 GMT
Last Update: 3/3/2008 6:58:40 AM
BROKER & NEW RATING (FROM) TARGET (PREVIOUS)
COMPANY
=========================================================
ABN Amro:
Barratt Developments 390P […]

Ambac, MBIA: The Shorting Game is Over

Monday, March 3rd, 2008

Some facts that “experts” miss and shorters should know: Ambac (ABK) and MBIA (MBI) insured bonds have never in their history traded equal to natural triple A bonds. They always traded at double A levels, in both the tax exempt and taxable markets. Ask any trader. The holding companies have never been rated triple A.
The […]

Buffett: Today?s Economy Is Nothing Like The ?70s. ?where multibillion-dollar portfolios had been leveraged??

Monday, March 3rd, 2008

Buffett: Today’s Economy Is Nothing Like The ’70s
Last Update: 3/3/2008 6:56:56 AM
NEW YORK (Dow Jones)–Warren Buffett, famed investor and Berkshire Hathaway Inc.
(BRKA, BRKA) chairman and chief executive, said his new municipal bond insurance
company has written 206 new policies in the past three weeks. The average fee
collected was 3.5%.
But so far, he said in CNBC interview […]

Stocks in focus for Monday

Monday, March 3rd, 2008

Credence Systems, Finisar, MarkWest Energy
By MarketWatch
Last Update: 10:27 PM ET Mar 2, 2008
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to
see active trade in Monday’s session are Credence Systems Corp., Finisar Corp.
and MarkWest Energy Partners LP.
Credence Systems (CMOS) is expected to report a fiscal first-quarter loss of 16
cents a share, according to […]