Q: Are casino stocks cheap or expensive at current prices?
Results 1 - 10 of 1164 for "SIV"
Embattled U.S. banking giant Citigroup Inc. (C) has agreed to buy back $17.4 billion of assets remaining in a series of funds known as structured investment vehicles, or SIVs, after it previously agreed to guarantee the liabilities in those funds. In a separate story today (Wednesday), Wall Street banking analyst David Trone said that he expects higher credit costs and additional losses to forc...
Filed under: Wal-Mart (WMT), Best Buy (BBY), Costco Wholesale (COST), Economic data, RecessionElectronics giant Best Buy (NYSE: BBY) is not only suffering from the worst consumer holiday spending meltdown in years, but its beleaguered customer base is now fleeing to discount retailers like Wal-Mart (NYSE: WMT) and Costco (NASDAQ: COST). So it appears Best Buy is getting hit with a double whammy...
Stuck in losing territory for much of Wednesday's trading, U.S. stocks took a late-day plunge to settle with massive losses, as record-setting declines in housing and consumer prices wreaked havoc on the major averages.
The news of the day was hardly positive, what with poor housing figures, more worries about the automakers, and concern in credit markets, but the late-day implosion probably sparked more than a few corner-office types storming onto the trading floor and shouting to nobody in particular, “What the hell just happened?” The collapse of major financial stocks — Citigroup finishe...
Filed under: Analyst reports, Google (GOOG), Apple Inc (AAPL), Cisco Systems (CSCO), Hewlett-Packard (HPQ), Research in Motion (RIMM), TechnologySean Udall is a Minyanville contributor.Interesting article on Hewlett-Packard (NYSE: HPQ) beating Apple (NASDAQ: AAPL) to the "touch" with regard to providing a touch screen interface on a computer. It's certainly a worthwhile read. However, I've long...
The market is treating Citigroup (C) as if it knows something about the bank's near-term fortunes and that something is not good. Shares in the bank have been off 21% to $6.60. What is remarkable is that the stock traded over $10 just four days ago. Citi's announcement that it would acquire the remaining assets of the SIVs it manages at current fair value should not have caused the drop. If the...
Simon Constable reports: Demand for gold coins and bars from retail investors more than doubled during the third quarter, as financial-market turmoil prompted a flight to safety, according to new data released from the World Gold Council Wednesday. <embed src="http://s.wsj.net/media/swf/main.swf" bgcolor="#FFFFFF" flashVars="videoGUID={7A7EED88-DEC2-4455-B80C-E3B26706E7C3}&playerid=1000...
Click for a larger imageFrom Bloomberg:The consumer price index plunged 1 percent last month, the most since records began in 1947, the Labor Department said in Washington. Commerce Department figures showed housing starts tumbled to an annual rate of 791,000, indicating the industry’s contraction may extend into a fourth year.Today’s CPI report signals deflation, or a prolonged price slide, ma...
Fedspeak! Paulson locks horns with lawmakers over rescue fund The risk of Bernanke's cash injections It isn’t a TARP without troubled assets to cover CPI + PPI = Deflation Year's defaults soar past a quarter-trillion S&P 500's Q3 earnings fall 22% from last year An interesting look at quarter EPS beat rates S&P 500 2009 estimates are all over the map Worst recession since 1930s is possible Depr...