National City Corp. (NCC)
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- The Facts Behind the Coming Congressional Mortgage Bailout Bill [view article]
- Investing in the Housing Crisis Aftermath: Stock Picks and Pans [view article]
- Best and Worst Performing Stocks of the Current Bear Market [view article]
- Lehman Brothers Take-over: Implications for Financials [view article]
- Revisions Ratios Help Uncover Hidden Gems [view article]
- Regional Bank Debt Buyers On Strike [view article]
- Upbeat Outlook for Credit Card Backed Securities - S&P [view article]
- Bank Executive Compensation and the Bailout [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Weakened Financials Show Off Their Visa IPO Profits [view article]
- Large Banks' Net Income History [view article]
- WaMu and More: Uninsured Depositors Begging for Trouble [view article]
Recent NCC Articles
- Investing in the Housing Crisis Aftermath: Stock Picks and Pans
- Best and Worst Performing Stocks of the Current Bear Market
- Revisions Ratios Help Uncover Hidden Gems
- Lehman Brothers Take-over: Implications for Financials
- Regional Bank Debt Buyers On Strike
- Subprime Crisis Drags On [Housing Tracker]
- Upbeat Outlook for Credit Card Backed Securities - S&P
- Large Banks' Net Income History
- Large Banks' Yield and Price-to-Book
- Changes in Market Cap for Biggest U.S. Companies
- Full List of Articles »
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Changes in Market Cap for Biggest U.S. Companies [view article]
Yes indeed the handwriting is on the wall for Apple. This firm will be nearing the top of the largest market cap list in just a few years. The ultra-portable hand held computer market is going to explode and be absolutely HUGE, and AAPL will have a dominate market share not to mention an even much larger piece of the laptop and desktop PC markets. And keep in mind that Apple is also cornering the audio and video download entertainment markets as well. Talk about an outstanding business model.... WOW!! ReplyChanges in Market Cap for Biggest U.S. Companies [view article]
Go Apple, taking MSFT market away from them, both companies deserve this turn of events, and with iPhone, iPod, iTablet? (september?) where MSFT has absolutely nothing, it's only a matter of time.Reply
Changes in Market Cap for Biggest U.S. Companies [view article]
how about a percentage change column for change in market cap and alternating colors for the rows or at least some lines.... ReplyChanges in Market Cap for Biggest U.S. Companies [view article]
It would nice to see this overlayed wth some historical comparisions by industry group. For example, what isthe current weighting of each sector in the S&P, what was it last year, then what was it a decade ago and finally what is the historical average. ReplyChanges in Market Cap for Biggest U.S. Companies [view article]
nuclear power is great, except in geologically unstable areas. as China learned with hydroelectric power, you better build these things away from population centers. they're all safe by themselves. one bad earthquake and one meltdown near a big population will hurt investors, a lot, so they better do what they can to reassure us that they're PRIMARILY safe, then green and efficient. i'd like to see them use some of the Japanese earthquake resistant construction on everything like this, built here, even in places where it seems safe. i think that would be reassuring to investors who are savvy about this stuff. ReplyFCC Says Yes (Finally) - Cramer's Mad Money (7/28/08) [view article]
Bearish on BIDU? The stock was up 13.76 today (7/29)! ReplyChanges in Market Cap for Biggest U.S. Companies [view article]
As long as I'm raving about GE in my last comment, I failed to mention that GE is also a leader in nuclear energy with many new systems and future ones coming on line going forward. As I understand it the newer nuclear power generating stations are very efficiant, safe and green. ReplyChanges in Market Cap for Biggest U.S. Companies [view article]
What would you expect in a recessionary invironment with energy/commodity prices surging and and housing/financials going down the tubes. I think the group responses would be just what you would expect. Of course there are some discontinuities. As we pull out of this (if we ever do) companies like GE will be in a position to profit greatly from their green energy assets such as windmill andgreen electrical power components. GE's alliance with Saudi Arabia will provide the capital for expansion in these green areas. Reply
Changes in Market Cap for Biggest U.S. Companies [view article]
Oh, cool: Apple's about 12 months away from passing MSFT! ReplyWaMu and More: Uninsured Depositors Begging for Trouble [view article]
FYI: you CAN have more than 100K at one bank!, ans still be FDIC insured.
for example:
a couple can have as much as 400K in one bank, although you would need to move the interest monthly out.
100K = 1 CD in husband name with wife as POD
100K = in wife’s name with husband as POD
200K = a money market in JOINT names
its ALL insured by FDIC ( except any interest accrued)
So if you wanted to do it like this you would also have to have the interest from the CD’s going back to the money market, and on a monthly basis move any amount in the money market to another bank. But it can be done.
Other way would be to make each CD just under 100K ( to cover any monthly interest) and keep the money market at around 150K to give time to accumulate to a point you would want to move the excess funds, as interest is moved from the CD’s to the money market.
check fdic.org
BTW: I did move funds from Wachovia just to be in the FDIC limits but still bank there. Reply
Tiedeman
Financials... Is It for Real? [view article]
Fake rally equates to real tears. Stay away. ReplyTiedeman
Beware the Big Financials' Dividend Trap [view article]
Dividends will be cut. How can BAC continue to pay if housing continues to sink? ReplyBeware the Big Financials' Dividend Trap [view article]
Is this assine blather or what? "To enjoy high total returns, you need only know where to look." Translation: "to make money in stocks, you need only know which ones to buy."No credentials provided for this author. I always wonder why if these blog experts are so smart why are they spending time posting superficial puff pieces punctuated with preeming self aggrandizing pomp. I guess "to be an expert you just need to know where to post your blog".
Reply
ts
WaMu and More: Uninsured Depositors Begging for Trouble [view article]
I agree the author of this sensationalist "piece" of work is trying to create a run on the bank.Otherwise he would have posted the rest of the article he was qouting, rather than cherry picking the worst part, knowing that most people don't bother reading past the headlines, much less follow the link to see if there is any data that might balance out the article and Shedlock's anonymous joker "AJ".
The rest of the story;
<i>``As we stated publicly months ago, WaMu funds all of its business through its banking operations and does not rely on commercial paper,'' the company said in an e-mailed response.
Cash Infusion
Chief Executive Officer Kerry Killinger has said the $7 billion cash infusion led by TPG Inc., coupled with plans to save $1 billion annually by trimming the mortgage business, gives the lender enough money to ride out the U.S. housing slump. The decline in federal funds purchased on WaMu's balance sheet may be the result of the company using cash to prefund short-term maturities and not creditors withdrawing money, which suggests it didn't need to borrow in the Fed Funds market, WaMu said.
WaMu slid 62 cents, or 13 percent, to $4.03 at 4 p.m. in New York Stock Exchange composite trading. The stock fell 20 percent yesterday and has lost 90 percent of its value in the past year.
Some 335 million WaMu shares changed hands, more than eight times the daily average over the past year, according to Bloomberg data. The stock has moved at least 10 percent nine times in the past three weeks.
Credit-Default Swaps
Credit-default swap sellers demanded 14 percentage points upfront and 5 percentage points a year to protect WaMu bonds from default for five years, up from 7.3 percentage points a year yesterday, according to CMA Datavision.
That means it would cost $1.4 million initially and $500,000 a year to protect $10 million in bonds. Yesterday, that would have cost $730,000 a year without an upfront payment. Protection sellers start demanding upfront payments when the risk of an imminent default increases.
Credit-default swaps were conceived to protect bondholders against default, and pay the buyer face value in exchange for the underlying securities or the cash equivalent should the company fail to adhere to its debt agreements.
Analysts at Piper Jaffray Cos., Merrill Lynch & Co. and Friedman Billings Ramsey Group Inc. said after WaMu's earnings report that it may need to raise more cash. According to a clause in the TPG agreement, if WaMu raises more than $500 million in equity at less than $8.75 a share within 18 months, it must compensate TPG for the difference.
Standard & Poor's said WaMu has the liquidity to meet obligations without raising more funds through 2012. Analysts at Lehman Brothers Holdings Inc. and UBS AG also said the company should have enough capital.
To contact the reporter on this story: Ari Levy in San Francisco at alevy5@bloomberg.net
Last Updated: July 24, 2008 17:34 EDT </i>
Reply
WaMu and More: Uninsured Depositors Begging for Trouble [view article]
Bman, you lack sanity. You confuse your opinion with facts. IndyMac failed because it was run poorly, not for any other reason. If WaMu fails, it will have nothing what so ever to do with Mish. I'm sorry you are getting crushed looking for a bounce in a sector that has yet to hit bottom, but the "facts" are......there will be many more BKs before this washout is done, regardless of what is written here. Reply