SF - News and Analysis from Seeking Alpha 'SF' Tag RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/symbol/sf Q2 Growth Report - Part I http://seekingalpha.com/article/159399-q2-growth-report-part-i?source=feed 159399 Tuesday's Wall Street Journal had an article that asked the question "Can Rally Run without Revenue?" Is the revenue situation really that bad?

Let's take a quick look at some the data compiled through the Alert HQ process.

]]> Tue, 01 Sep 2009 11:16:42 -0400 Trade Radar Operator Trade Radar Operator submits:

Tuesday's Wall Street Journal had an article that asked the question "Can Rally Run without Revenue?" Is the revenue situation really that bad?

Let's take a quick look at some the data compiled through the Alert HQ process.


Complete Story »]]> AFAM AIRM AMED APT ASIA BUCY CAC CACC CFSG CMCSA CMCSK CMG CNQR CNU COCO CRM CRN CTFO.OB CUB CYH DGX DLM EBIX EBS EMS ESLT FCN FMR GTS GXDX HTS IDCC INMD JJSF LH LINC MED MHS MTR NHC ORLY PEGA PSYS RAX RGR RMD ROST SEP SF SNAK SQM SRCL SVT TNDM TRCR TRU TSTC TTEK TYL UHT VIT VR WMS WOOF YORW Trade Radar Operator Shorts on E*Trade Up 286% Since June http://seekingalpha.com/article/156299-shorts-on-e-trade-up-286-since-june?source=feed 156299

The short base (as measured by Percent Shares Outstanding On Loan) for E*Trade Financial Corp (ETFC) has increased 121.78% over the past 3 month and now stands at 14.94%. This is up over 285.56% from the 52 week low hit on June 26, 2009.

When compared to other North American Financial Services Companies, the short base is well above average for the sector. It is considerably higher than Stifel Financial Corp (SF) 10% and Raymond James Financial Inc (RJF)12.98% who also have large short bases, and well above the rest of the sector, as represented by Charles Scwab (SCHW) 0.99% and TD Ameritrade Holding Corp (AMTD) 0.76%.

]]> Sun, 16 Aug 2009 05:54:14 -0400 Data Explorers Jessica Johnson submits:

The short base (as measured by Percent Shares Outstanding On Loan) for E*Trade Financial Corp (ETFC) has increased 121.78% over the past 3 month and now stands at 14.94%. This is up over 285.56% from the 52 week low hit on June 26, 2009.

When compared to other North American Financial Services Companies, the short base is well above average for the sector. It is considerably higher than Stifel Financial Corp (SF) 10% and Raymond James Financial Inc (RJF)12.98% who also have large short bases, and well above the rest of the sector, as represented by Charles Scwab (SCHW) 0.99% and TD Ameritrade Holding Corp (AMTD) 0.76%.


Complete Story »]]> AMTD ETFC RJF SCHW SF Data Explorers 40 Stocks That Have Defied the Downturn http://seekingalpha.com/article/130199-40-stocks-that-have-defied-the-downturn?source=feed 130199 As earnings season begins to unfold, it is a good time to look at some stocks that have managed to show growth despite the economic downturn.

The following list was generated by screening for the following characteristics:

]]> Wed, 08 Apr 2009 20:32:52 -0400 Trade Radar Operator Trade Radar Operator submits:

As earnings season begins to unfold, it is a good time to look at some stocks that have managed to show growth despite the economic downturn.

The following list was generated by screening for the following characteristics:


Complete Story »]]> AAPL ADVS ALGT AMZN APEI ARDNA ARO ARST BEC BJ BKE BMC CREE CSGS CTCM CWCO ESLT FORR FTI FUQI HGG HOS KNSY LUFK MFLX NPK NRGP QSFT QSII RAX ROST RYN SF TNDM UEIC UNF VNUS VPRT WMK WMS Trade Radar Operator 24 'Expensive' Stocks That Just Might Go Higher http://seekingalpha.com/article/129416-24-expensive-stocks-that-just-might-go-higher?source=feed 129416

In a bull market, valuation plays second fiddle to growth and momentum. Even in a bear market, if one can identify companies that have the capacity to stand up to the headwinds, one can benefit from "crowding in". Simply put, the investors that like growth have very few options, so they all focus on the same few names, driving them potentially to very rich valuations.

I believe that we are in a bear market, though, as I have described, I expect the investment climate to be good this quarter. My views are based less on any change in the economic outlook (still lousy) but more on valuation for the most part. Simply stated, stocks overreacted during Q1, with too many stocks of good companies pounded beyond merit while the bad ones were perhaps pounded even more. I have written about small-caps generally being attractive (back to same relative price now after getting worse subsequent to my article), but I am a bit nervous about the valuations of some of the ones I have favored and have sold or trimmed many of them (America's CarMart (CRMT), Dorman Products (DORM), Men's Wearhouse (MW), Met-Pro (MPR), Shoe Carnival (SCVL), and Thor (THO)). I have written about several of these companies, all of which were deep value plays. I was definitely early on most, but, fortunately, I used the lower prices to build larger positions. I credit the strong YTD performance of my Top 20 Model Portfolio (up 9.9%) to the massive recoveries in these small-cap names (primarily consumer discretionary).

]]> Sat, 04 Apr 2009 22:47:25 -0400 Alan Brochstein ab analytical servicesAlan Brochstein, CFA submits:

In a bull market, valuation plays second fiddle to growth and momentum. Even in a bear market, if one can identify companies that have the capacity to stand up to the headwinds, one can benefit from "crowding in". Simply put, the investors that like growth have very few options, so they all focus on the same few names, driving them potentially to very rich valuations.

I believe that we are in a bear market, though, as I have described, I expect the investment climate to be good this quarter. My views are based less on any change in the economic outlook (still lousy) but more on valuation for the most part. Simply stated, stocks overreacted during Q1, with too many stocks of good companies pounded beyond merit while the bad ones were perhaps pounded even more. I have written about small-caps generally being attractive (back to same relative price now after getting worse subsequent to my article), but I am a bit nervous about the valuations of some of the ones I have favored and have sold or trimmed many of them (America's CarMart (CRMT), Dorman Products (DORM), Men's Wearhouse (MW), Met-Pro (MPR), Shoe Carnival (SCVL), and Thor (THO)). I have written about several of these companies, all of which were deep value plays. I was definitely early on most, but, fortunately, I used the lower prices to build larger positions. I credit the strong YTD performance of my Top 20 Model Portfolio (up 9.9%) to the massive recoveries in these small-cap names (primarily consumer discretionary).


Complete Story »]]> ABAX ALGN AMZN APEI ARD ATHR BLUD BWLD CERN CMG CMG.B CRM CYBS ERII EXLS HITT ISIL OMG PEGA SCHW SF VLTR VMW VNUS Alan Brochstein Stifel Financial Corp. Q4 2008 Earnings Call Transcript http://seekingalpha.com/article/120369-stifel-financial-corp-q4-2008-earnings-call-transcript?source=feed 120369 Stifel Financial Corp. (SF)

Q4 2008 Earnings Call Transcript

February 12, 2009 11:00 am ET

]]> Thu, 12 Feb 2009 18:43:07 -0500 Stifel Financial Corp. (SF)

Q4 2008 Earnings Call Transcript

February 12, 2009 11:00 am ET


Complete Story »]]> SF 2008 Stock Market: 51 Rays of Light http://seekingalpha.com/article/113639-2008-stock-market-51-rays-of-light?source=feed 113639 I want to give a hat tip to TraderMark over at Fundmymutualfund.com for assembling this list. 2008 was a chaotic year, to say the least, and with indexes down huge on the year, there weren't many rays of light in the abyss known as the 2008 stock market.

The following though, is a list of some of best performing stocks for the year of 2008:

]]> Wed, 07 Jan 2009 08:50:15 -0500 Market Folly Market Folly submits:

I want to give a hat tip to TraderMark over at Fundmymutualfund.com for assembling this list. 2008 was a chaotic year, to say the least, and with indexes down huge on the year, there weren't many rays of light in the abyss known as the 2008 stock market.

The following though, is a list of some of best performing stocks for the year of 2008:


Complete Story »]]> AAN ALGT ALO AMGN BNCL CBST CFFN CMP CRK CWT DCM DLTR DNA DSCP EBS EMS EW FBP FDO FFIN FNF FNFG GOLD GTIV HRB INT LG LMNX MANT MYGN OCR ORH PNRA PNY QSII RGLD RKT ROST SF SQM SQNM STBA STRA THOR UMBF UST VPHM VRTX VRX WMT Market Folly Stifel Financial Corp. Q3 2008 Earnings Call Transcript http://seekingalpha.com/article/103735-stifel-financial-corp-q3-2008-earnings-call-transcript?source=feed 103735 Stifel Financial Corp. (SF)

Q3 2008 Earnings Call Transcript

November 3, 2008 16:30 pm ET

]]> Mon, 03 Nov 2008 20:44:12 -0500 Stifel Financial Corp. (SF)

Q3 2008 Earnings Call Transcript

November 3, 2008 16:30 pm ET


Complete Story »]]> SF Cramer's Stop Trading! Prolonging the Rally (10/28/08) http://seekingalpha.com/article/102614-cramer-s-stop-trading-prolonging-the-rally-10-28-08?source=feed 102614 Recap of Jim Cramer’s comments on Stop Trading! Tuesday October 28.

Prolonging the Rally – Raymond James (RJF), Stifel Financial (SF), Wells Fargo (WFC), New York Stock Exchange (NYSE)

]]> Wed, 29 Oct 2008 08:13:27 -0400 SA Editor Miriam Metzinger Recap of Jim Cramer’s comments on Stop Trading! Tuesday October 28.

Prolonging the Rally – Raymond James (RJF), Stifel Financial (SF), Wells Fargo (WFC), New York Stock Exchange (NYSE)


Complete Story »]]> RJF SF WFC SA Editor Miriam Metzinger Making Up Rules - Fast Money Recap (9/26/08) http://seekingalpha.com/article/97593-making-up-rules-fast-money-recap-9-26-08?source=feed 97593 Recap of CNBC's Fast Money, Friday September 26.

The Bailout Part 1 - SPDR Trust (SPY)

Fast Money began with a discussion of the proposed bailout of the housing and banking system. Joe Terranova told viewers to forget about the bailout. "I bought the SPDR Trust on Wednesday, because the short-sellers are piling in since they can't short the financial stocks," he said. Terranova says when the short ban comes off on Oct. 2, the S&P 500 will pop. Tim Seymour said he loved how the S&P 500 traded today in the face of bad news. "Technically, we have room to run here, past 1220 or maybe up to 1260," he added. Jeff Macke says he doesn't want to be long this market because the regulators are making up rules as we go along. Karen Finerman said she really didn't do a lot today in the markets.

]]> Fri, 26 Sep 2008 20:45:28 -0400 SA Editor Joan Wickham Recap of CNBC's Fast Money, Friday September 26.

The Bailout Part 1 - SPDR Trust (SPY)

Fast Money began with a discussion of the proposed bailout of the housing and banking system. Joe Terranova told viewers to forget about the bailout. "I bought the SPDR Trust on Wednesday, because the short-sellers are piling in since they can't short the financial stocks," he said. Terranova says when the short ban comes off on Oct. 2, the S&P 500 will pop. Tim Seymour said he loved how the S&P 500 traded today in the face of bad news. "Technically, we have room to run here, past 1220 or maybe up to 1260," he added. Jeff Macke says he doesn't want to be long this market because the regulators are making up rules as we go along. Karen Finerman said she really didn't do a lot today in the markets.


Complete Story »]]> C JPM SF STD WB WFC SA Editor Joan Wickham Stifel Financial Corp. Q2 2008 Earnings Call Transcript http://seekingalpha.com/article/91241-stifel-financial-corp-q2-2008-earnings-call-transcript?source=feed 91241 Stifel Financial Corp. (SF)

Q2 2008 Earnings Call Transcript

August 12, 2008 10:00 am ET

]]> Sat, 16 Aug 2008 07:48:13 -0400 Stifel Financial Corp. (SF)

Q2 2008 Earnings Call Transcript

August 12, 2008 10:00 am ET


Complete Story »]]> SF Stifel Financial Corporation Q1 2008 Earnings Call Transcript http://seekingalpha.com/article/76881-stifel-financial-corporation-q1-2008-earnings-call-transcript?source=feed 76881

Stifel Financial Corporation (SF)

Q1 2008 Earnings Call Transcript

]]> Mon, 12 May 2008 14:49:09 -0400

Stifel Financial Corporation (SF)

Q1 2008 Earnings Call Transcript


Complete Story »]]> SF Wall Street Breakfast: Must-Know News http://seekingalpha.com/article/76821-wall-street-breakfast-must-know-news?source=feed 76821
  • HSBC makes things sound rosy. HSBC (HBC) reported a rise in Q1 earnings, and said it has made a strong start in 2008. HSBC set aside a less-than-expected $3.2B against U.S. credit losses. Shares were up 2.7% in London after Chairman Stephen Green said he's seen a lull in U.S. delinquencies. Analysts had expected loan losses of $4.6B. HSBC also wrote down $2.6B on asset-backed securities, leveraged debt, exposure to bond insurers, and credit trading. But it booked a $2.7B gain on appreciation in the value of its own debt."It seems increasingly likely that the U.S. will enter a recession in 2008, the length and depth of which is uncertain. The timing of any recovery in the U.S. housing market, which is likely to be the primary stimulus in restoring confidence to the U.S. economy, is also unclear," Green said.
  • Plane-leasing unit may fly from AIG. AIG's (AIG) recent financial foibles have executives at its airplane leasing unit, International Lease Finance Corp., so worried they're considering splitting off from the parent. Sources say ILFC officials were surprised by the magnitude of AIG's $7.8B Q1 loss last Thursday, which saw ILFC's credit rating downgraded together with AIG's. ILFC's earnings have been exceptional despite the massive losses at AIG. Possibilities include a spinoff or sale, or that the two sides agree to continue to work together. Bear in mind that ILFC CEO Steven Udvar-Hazy is a major AIG shareholder, so he's unlikely to shoot himself in the foot. On Friday, former CEO Hank Greenberg filed a lawsuit that alleges AIG management concealed $4B in losses in its credit default swap portfolio.
  • Bold new BlackBerry. Research In Motion (RIMM) unveiled the 3G BlackBerry Bold, which it hopes will defend its flagship product against a threat from Apple's (AAPL) iPhone. AT&T (T) has the U.S. exclusive on the Bold, although it is designed to work on all 3G networks. Features include added CPU power, easier web-browsing and video watching, and the ability to synch with iTunes software. Bold goes on sale in Europe this summer and in the U.S. later this year. RIM is also announcing a $150M JV venture capital fund with Royal Bank Of Canada (RY) and Thomson Reuters (RTRSY) to invest in BlackBerry apps and services and mobile platforms.
  • Cablevision likely winner of Newsday. Cablevision (CVC) is closing in on signing a deal to acquire Newsday for $650M after News Corp. (NWS) revoked its informal agreement to acquire the newspaper for $580M. Despite previous speculation about the deal including Newsday's real estate, the current one does not. Newsday will allow Cablevision to cross-sell ads and promote its services in the NY area. Some analysts are skeptical about the deal; there has been speculation it is an attempt by the Dolan family to further devalue CVC shares after a previous takeover attempt was thwarted.
  • Citi may sell Japan consumer finance business. Citigroup (C) is mulling paring down or selling its Japanese consumer-finance company, CFJ KK as part of its global restructuring plan.
  • Infrastructure fund exceeds plans. Morgan Stanley (MS) raised more than $4B for a new infrastructure fund, surpassing an original target of $2.5B. "People want to diversify away from traditional equity markets and fixed income into alternative assets," said global head of Morgan Stanley Infrastructure Sadek Wahba, adding infrastructure investments are seen as "more stable, and more long-term."
  • American Axle turns up heat on UAW. Negotiations between the UAW and American Axle (AXL) took a turn for the worse; Axle is now considering closing a third plant. UAW President Ron Gettlefinger called the move an insult. "If the company continues down this road, it's going to make the talks increasingly more difficult," he said. "I don't know how they can call themselves American Axle anymore. To me it's more like Axle Mexico."
  • CW sells prime-time slot. The CW network, jointly owned by CBS (CBS) and Time Warner (TWX), is selling a three-hour Sunday night prime-time block to independent studio Media Rights Capital. MRC will create the programming in consultation with the CW, and both will sell ads for the slot. The move is highly unusual, and indicitive of network TV's struggle post the writers' strike. Nielsen says broadcast network viewership is down 9.6%. As networks enter their annual Upfront week, ad spending is likely to soften.
  • Victory for tennis fans. ESPN (DIS) is signing the United States Tennis Association to a six-year deal to telecast live weekday U.S. Open coverage for 11 hours a day.
  • HP looks to buy BT's UK datacenters for £1.5B. BT Group (BT) is in talks to sell its British data centers to Hewlett-Packard (HPQ) for £1.5B. Part of the deal will see BT assuming global management of HP's voice and data networks (it already runs them in Europe).

    • Today's Markets

    • In Asia, markets closed to the upside Monday. The Nikkei gained 0.64% to 13,743. Shanghai +0.37% to 3,626. BSE Sensex +0.74% to 16,861. Hang Seng was closed.
    • European markets are higher at midday. FTSE +0.44% to 6,231. CAC +0.71% to 4,996. DAX +0.55% to 7,041.
    • U.S. futures are up at 7:20 AM. Dow +0.23% to 12,773. S&P +0.29% to 1,393. Nasdaq +0.22% to 1,967.50.
    • Gold is down 0.2% to $884. Oil is down 0.58% to $125.22.

    Earnings: Monday Before Open

    • Cogent (COGT): Sees Q1 EPS of $0.09, better than consensus of $0.08. Sees revenue of $24.6M vs. consensus $23M. Raises full-year revenue view to $125M vs. consensus $118.8M.
    • Emmis Broadcasting (EMMS): FQ4 EPS of -$0.28 misses consensus of -$0.17. Revenue of $85.8M vs. consensus $76.5M.
    • Holly Corp. (HOC): Q1 EPS of $0.17 beats consensus of $0.15. Revenue of $1.48B vs. consensus of $1.35B.
    • IMAX Corp (IMAX): Q1 EPS of -$0.25 misses consensus of -$0.14. Revenue of $23.5M vs. consensus of $25.4M.
    • IndyMac (IMB): Q1 EPS of -$2.27 misses consensus of -$1.92.
    • MBIA (MBI): Q1 EPS of -$3.01 misses consensus of -$0.19. Revenue of -$2.96B vs. consensus of $718.62M. MBIA said it has $3.58B of unrealized losses from derivatives.
    • PMI Group (PMI): Q1 EPS of -$3.37 misses consensus of -$1.96. Revenue of $316M vs. consensus $289M.
    • Sprint Nextel (S): Q1 EPS of $0.04 beats consensus of $0.02. Revenue of $9.33B vs. consensus of $9.41B. Sprint Sees improved post-paid customer churn rate in Q2, and sees net post-paid subscriber losses improving marginally vs. Q1.
    • Stifel Financial (SF): Q1 EPS of $1.03 beats consensus of $0.89. Revenue of $211.5M vs. consensus of $197M.

    Get Wall Street Breakfast by email -- it's free and takes only seconds to sign up.]]>     Mon, 12 May 2008 07:19:53 -0400 SA Editor Eli Hoffmann
  • HSBC makes things sound rosy. HSBC (HBC) reported a rise in Q1 earnings, and said it has made a strong start in 2008. HSBC set aside a less-than-expected $3.2B against U.S. credit losses. Shares were up 2.7% in London after Chairman Stephen Green said he's seen a lull in U.S. delinquencies. Analysts had expected loan losses of $4.6B. HSBC also wrote down $2.6B on asset-backed securities, leveraged debt, exposure to bond insurers, and credit trading. But it booked a $2.7B gain on appreciation in the value of its own debt."It seems increasingly likely that the U.S. will enter a recession in 2008, the length and depth of which is uncertain. The timing of any recovery in the U.S. housing market, which is likely to be the primary stimulus in restoring confidence to the U.S. economy, is also unclear," Green said.
  • Plane-leasing unit may fly from AIG. AIG's (AIG) recent financial foibles have executives at its airplane leasing unit, International Lease Finance Corp., so worried they're considering splitting off from the parent. Sources say ILFC officials were surprised by the magnitude of AIG's $7.8B Q1 loss last Thursday, which saw ILFC's credit rating downgraded together with AIG's. ILFC's earnings have been exceptional despite the massive losses at AIG. Possibilities include a spinoff or sale, or that the two sides agree to continue to work together. Bear in mind that ILFC CEO Steven Udvar-Hazy is a major AIG shareholder, so he's unlikely to shoot himself in the foot. On Friday, former CEO Hank Greenberg filed a lawsuit that alleges AIG management concealed $4B in losses in its credit default swap portfolio.
  • Bold new BlackBerry. Research In Motion (RIMM) unveiled the 3G BlackBerry Bold, which it hopes will defend its flagship product against a threat from Apple's (AAPL) iPhone. AT&T (T) has the U.S. exclusive on the Bold, although it is designed to work on all 3G networks. Features include added CPU power, easier web-browsing and video watching, and the ability to synch with iTunes software. Bold goes on sale in Europe this summer and in the U.S. later this year. RIM is also announcing a $150M JV venture capital fund with Royal Bank Of Canada (RY) and Thomson Reuters (RTRSY) to invest in BlackBerry apps and services and mobile platforms.
  • Cablevision likely winner of Newsday. Cablevision (CVC) is closing in on signing a deal to acquire Newsday for $650M after News Corp. (NWS) revoked its informal agreement to acquire the newspaper for $580M. Despite previous speculation about the deal including Newsday's real estate, the current one does not. Newsday will allow Cablevision to cross-sell ads and promote its services in the NY area. Some analysts are skeptical about the deal; there has been speculation it is an attempt by the Dolan family to further devalue CVC shares after a previous takeover attempt was thwarted.
  • Citi may sell Japan consumer finance business. Citigroup (C) is mulling paring down or selling its Japanese consumer-finance company, CFJ KK as part of its global restructuring plan.
  • Infrastructure fund exceeds plans. Morgan Stanley (MS) raised more than $4B for a new infrastructure fund, surpassing an original target of $2.5B. "People want to diversify away from traditional equity markets and fixed income into alternative assets," said global head of Morgan Stanley Infrastructure Sadek Wahba, adding infrastructure investments are seen as "more stable, and more long-term."
  • American Axle turns up heat on UAW. Negotiations between the UAW and American Axle (AXL) took a turn for the worse; Axle is now considering closing a third plant. UAW President Ron Gettlefinger called the move an insult. "If the company continues down this road, it's going to make the talks increasingly more difficult," he said. "I don't know how they can call themselves American Axle anymore. To me it's more like Axle Mexico."
  • CW sells prime-time slot. The CW network, jointly owned by CBS (CBS) and Time Warner (TWX), is selling a three-hour Sunday night prime-time block to independent studio Media Rights Capital. MRC will create the programming in consultation with the CW, and both will sell ads for the slot. The move is highly unusual, and indicitive of network TV's struggle post the writers' strike. Nielsen says broadcast network viewership is down 9.6%. As networks enter their annual Upfront week, ad spending is likely to soften.
  • Victory for tennis fans. ESPN (DIS) is signing the United States Tennis Association to a six-year deal to telecast live weekday U.S. Open coverage for 11 hours a day.
  • HP looks to buy BT's UK datacenters for £1.5B. BT Group (BT) is in talks to sell its British data centers to Hewlett-Packard (HPQ) for £1.5B. Part of the deal will see BT assuming global management of HP's voice and data networks (it already runs them in Europe).

    • Today's Markets

    • In Asia, markets closed to the upside Monday. The Nikkei gained 0.64% to 13,743. Shanghai +0.37% to 3,626. BSE Sensex +0.74% to 16,861. Hang Seng was closed.
    • European markets are higher at midday. FTSE +0.44% to 6,231. CAC +0.71% to 4,996. DAX +0.55% to 7,041.
    • U.S. futures are up at 7:20 AM. Dow +0.23% to 12,773. S&P +0.29% to 1,393. Nasdaq +0.22% to 1,967.50.
    • Gold is down 0.2% to $884. Oil is down 0.58% to $125.22.

    Earnings: Monday Before Open

    • Cogent (COGT): Sees Q1 EPS of $0.09, better than consensus of $0.08. Sees revenue of $24.6M vs. consensus $23M. Raises full-year revenue view to $125M vs. consensus $118.8M.
    • Emmis Broadcasting (EMMS): FQ4 EPS of -$0.28 misses consensus of -$0.17. Revenue of $85.8M vs. consensus $76.5M.
    • Holly Corp. (HOC): Q1 EPS of $0.17 beats consensus of $0.15. Revenue of $1.48B vs. consensus of $1.35B.
    • IMAX Corp (IMAX): Q1 EPS of -$0.25 misses consensus of -$0.14. Revenue of $23.5M vs. consensus of $25.4M.
    • IndyMac (IMB): Q1 EPS of -$2.27 misses consensus of -$1.92.
    • MBIA (MBI): Q1 EPS of -$3.01 misses consensus of -$0.19. Revenue of -$2.96B vs. consensus of $718.62M. MBIA said it has $3.58B of unrealized losses from derivatives.
    • PMI Group (PMI): Q1 EPS of -$3.37 misses consensus of -$1.96. Revenue of $316M vs. consensus $289M.
    • Sprint Nextel (S): Q1 EPS of $0.04 beats consensus of $0.02. Revenue of $9.33B vs. consensus of $9.41B. Sprint Sees improved post-paid customer churn rate in Q2, and sees net post-paid subscriber losses improving marginally vs. Q1.
    • Stifel Financial (SF): Q1 EPS of $1.03 beats consensus of $0.89. Revenue of $211.5M vs. consensus of $197M.

    Get Wall Street Breakfast by email -- it's free and takes only seconds to sign up.
    Complete Story »]]>     AAPL AIG AXL BT C COGT CVC DIA EMMS HBC HOC HPQ IDMCQ.PK IMAX MBI MS NWS PMI QQQQ RIMM RY S SF SPY T SA Editor Eli Hoffmann     Stifel Financial: A Broker's Theft of Client Money http://seekingalpha.com/article/69980-stifel-financial-a-broker-s-theft-of-client-money?source=feed 69980 Stifel, Nicolaus & Company (SF) [$47.19 0.00%, market cap: $739.2M] has a reputation as a straight-shooting company. The regional brokerage, based in St. Louis, avoided accusations of biased stock research that ensnared many other brokerages at the time of the tech-stock bust. The company has not previously seen any of its Missouri brokers charged with securities violations by the state Securities Division. But all is not well with the company.

    In fact, Stifel, Nicolaus has recently shown that it has little concern for its brokerage clients, beyond its desire to extract as much money as possible from them. One of the company’s brokers, Girard Augustus Munsch Jr., was recently sanctioned and fined by the Missouri Securities Division for excessive trading in client accounts. How excessive?

    ]]>     Wed, 26 Mar 2008 06:15:20 -0400 Michael Goode Michael Goode submits:

    Stifel, Nicolaus & Company (SF) [$47.19 0.00%, market cap: $739.2M] has a reputation as a straight-shooting company. The regional brokerage, based in St. Louis, avoided accusations of biased stock research that ensnared many other brokerages at the time of the tech-stock bust. The company has not previously seen any of its Missouri brokers charged with securities violations by the state Securities Division. But all is not well with the company.

    In fact, Stifel, Nicolaus has recently shown that it has little concern for its brokerage clients, beyond its desire to extract as much money as possible from them. One of the company’s brokers, Girard Augustus Munsch Jr., was recently sanctioned and fined by the Missouri Securities Division for excessive trading in client accounts. How excessive?


    Complete Story »]]>     SF Michael Goode     Stifel Financial Q3 2007 Earnings Call Transcript http://seekingalpha.com/article/52871-stifel-financial-q3-2007-earnings-call-transcript?source=feed 52871

    Stifel Financial Corporation (SF)

    Q3 2007 Earnings Call

    ]]>     Mon, 05 Nov 2007 15:06:19 -0500

    Stifel Financial Corporation (SF)

    Q3 2007 Earnings Call


    Complete Story »]]>     SF     Housing Bubble and Real Estate Market Tracker http://seekingalpha.com/article/49356-housing-bubble-and-real-estate-market-tracker?source=feed 49356 Judy Weil submits: Here's our summary of articles and data points on the housing market. It's part of Seeking Alpha's coverage of the real estate market and homebuilder stocks. Like all other topics and stock coverage from Seeking Alpha, you can have this sent to your Blackberry or desktop email by signing up for our no-spam free email subscription service.

    Quote of the Day- "From the House's Mouth"

    ]]>     Tue, 09 Oct 2007 15:59:42 -0400 SA Editor Judy Weil Judy Weil submits: Here's our summary of articles and data points on the housing market. It's part of Seeking Alpha's coverage of the real estate market and homebuilder stocks. Like all other topics and stock coverage from Seeking Alpha, you can have this sent to your Blackberry or desktop email by signing up for our no-spam free email subscription service.

    Quote of the Day- "From the House's Mouth"


    Complete Story »]]>     BAC CFC CORS CTX GS HOV JOE KBH LEN LEV PHM PLD R SF TOA SA Editor Judy Weil