Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
Hey Jim.....Barclays (BCS) trades at P/E of 4.83 you said sell in march at $2.75 I bought 25000 shares sold them at $21 this monday....I made a killing with your call....and now....
I'm buying back BCS again on your downgrade thanks again....Jim...you make my life easier...and Barclays will sell BGI division $12B by June 18 and restart dividend in Q3...when JPM at PE of 20 after much more "DILLUTION" will pay dividend???
Barclays May Sell BGI for as Much as $12 Billion, WSJ Reports
By Dan Hart
May 16 (Bloomberg) -- Barclays Plc, the U.K.’s third- biggest bank, is in talks to sell its asset management unit for as much as $12 billion, with BlackRock Inc. among interested bidders, the Wall Street Journal said, citing unidentified people familiar with the matter.
The business includes the exchange-traded funds unit iShares, which Barclays agreed to sell to CVC Capital Partners Ltd. for $4.4 billion two months ago, the newspaper said.
The iShares and securities-lending units each generate as much as a third of the profit for the Barclays Global Investors subsidiary, the newspaper said, citing a person familiar with the situation. BGI had a pretax profit of 595 million pounds ($903 million) in 2008, the Journal said.
Barclays does not comment on speculative stories, a company spokeswoman in London said when contacted by Bloomberg today.
To contact the reporter on this story: Dan Hart in Washington at dahart@bloomberg.net
The Oil Business Could Be Worse (But Not Much) [View article]
Keep pumping oil if you want but...see this news...
Oil slips to near $58 as signs of weak economies in US, Europe slow recent rally Pablo Gorondi, Associated Press Writer On Friday May 15, 2009, 6:44 am EDT Buzz up! Print Oil prices slipped to near $58 a barrel Friday as signs of economic weakness in the U.S. and Europe led investors to consider whether this month's crude rally was justified.
Benchmark crude for June delivery was down 53 cents to $58.09 a barrel by midday in Europe in electronic trading on the New York Mercantile Exchange. On Thursday, the contract climbed 60 cents to settle at $58.62.
In London, Brent prices were down 49 cents to $58.10 a barrel on the ICE Futures exchange.
Oil recently rose above $60 a barrel on optimism that the worst of the U.S. recession was over, but dismal news this week on retail sales, unemployment and housing have traders reconsidering their outlook.
European data was likewise bleak as it showed the euro zone economy shrank by a massive 2.5 percent in the first quarter, with export-dependent Germany, the region's biggest economy, particularly badly hit.
"Some of the green shoots are looking like yellow weeds," said Christoffer Moltke-Leth, head of sales trading for Saxo Capital Markets in Singapore. "That's going to spill over into equity markets and have an effect on crude."
He projected that prices would fall back toward $50 a barrel soon, which could mean lower pump prices.
Investors got more evidence Thursday that global crude demand may be too weak to justify the recent run-up in prices. The Paris-based International Energy Agency cut its global oil consumption forecast for a ninth consecutive month and now expects demand to fall 3 percent in 2009, or about 2.6 million fewer barrels a day than last year.
Cramer's Lightning Round - General Cable Is Back and Bigger than Ever (5/1/09) [View article]
I guess Jim that BP will go much lower if Oil goes below $50??? Dividend may be cut??? because BP need to borrow $$$ to pay dividend below $60....that's what CEO said.....
"He projected that prices would fall back toward $50 a barrel soon, which could mean lower pump prices."
Oil slips to near $58 as signs of weak economies in US, Europe slow recent rally Pablo Gorondi, Associated Press Writer On Friday May 15, 2009, 6:44 am EDT Buzz up! Print Oil prices slipped to near $58 a barrel Friday as signs of economic weakness in the U.S. and Europe led investors to consider whether this month's crude rally was justified.
Benchmark crude for June delivery was down 53 cents to $58.09 a barrel by midday in Europe in electronic trading on the New York Mercantile Exchange. On Thursday, the contract climbed 60 cents to settle at $58.62.
In London, Brent prices were down 49 cents to $58.10 a barrel on the ICE Futures exchange.
Oil recently rose above $60 a barrel on optimism that the worst of the U.S. recession was over, but dismal news this week on retail sales, unemployment and housing have traders reconsidering their outlook.
European data was likewise bleak as it showed the euro zone economy shrank by a massive 2.5 percent in the first quarter, with export-dependent Germany, the region's biggest economy, particularly badly hit.
"Some of the green shoots are looking like yellow weeds," said Christoffer Moltke-Leth, head of sales trading for Saxo Capital Markets in Singapore. "That's going to spill over into equity markets and have an effect on crude."
He projected that prices would fall back toward $50 a barrel soon, which could mean lower pump prices.
Investors got more evidence Thursday that global crude demand may be too weak to justify the recent run-up in prices. The Paris-based International Energy Agency cut its global oil consumption forecast for a ninth consecutive month and now expects demand to fall 3 percent in 2009, or about 2.6 million fewer barrels a day than last year.
OIL IS GOING BELOW $50.....BP up 40%:Profit taking on the way....!!!!
Oil slips to near $58 as signs of weak economies in US, Europe slow recent rally Pablo Gorondi, Associated Press Writer On Friday May 15, 2009, 6:44 am EDT Buzz up! Print Oil prices slipped to near $58 a barrel Friday as signs of economic weakness in the U.S. and Europe led investors to consider whether this month's crude rally was justified.
Benchmark crude for June delivery was down 53 cents to $58.09 a barrel by midday in Europe in electronic trading on the New York Mercantile Exchange. On Thursday, the contract climbed 60 cents to settle at $58.62.
In London, Brent prices were down 49 cents to $58.10 a barrel on the ICE Futures exchange.
Oil recently rose above $60 a barrel on optimism that the worst of the U.S. recession was over, but dismal news this week on retail sales, unemployment and housing have traders reconsidering their outlook.
European data was likewise bleak as it showed the euro zone economy shrank by a massive 2.5 percent in the first quarter, with export-dependent Germany, the region's biggest economy, particularly badly hit.
"Some of the green shoots are looking like yellow weeds," said Christoffer Moltke-Leth, head of sales trading for Saxo Capital Markets in Singapore. "That's going to spill over into equity markets and have an effect on crude."
He projected that prices would fall back toward $50 a barrel soon, which could mean lower pump prices.
Investors got more evidence Thursday that global crude demand may be too weak to justify the recent run-up in prices. The Paris-based International Energy Agency cut its global oil consumption forecast for a ninth consecutive month and now expects demand to fall 3 percent in 2009, or about 2.6 million fewer barrels a day than last year.
Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
www.ft.com/cms/s/0/ff3...
Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
Hey Jim Explain this???
www.cnbc.com/id/31091877
Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
www.youtube.com/watch?...
Any politicians in Washington watching this show??
Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
watch this...
www.youtube.com/watch?...
Cramer's Lightning Round - What to Buy on a Housing Turn Around (6/2/09) [View article]
you said sell in march at $2.75 I bought 25000 shares sold them at $21 this monday....I made a killing with your call....and now....
I'm buying back BCS again on your downgrade thanks again....Jim...you make my life easier...and Barclays will sell BGI division $12B by June 18 and restart dividend in Q3...when JPM at PE of 20 after much more "DILLUTION" will pay dividend???
Barclays May Sell BGI for as Much as $12 Billion, WSJ Reports
By Dan Hart
May 16 (Bloomberg) -- Barclays Plc, the U.K.’s third- biggest bank, is in talks to sell its asset management unit for as much as $12 billion, with BlackRock Inc. among interested bidders, the Wall Street Journal said, citing unidentified people familiar with the matter.
The business includes the exchange-traded funds unit iShares, which Barclays agreed to sell to CVC Capital Partners Ltd. for $4.4 billion two months ago, the newspaper said.
The iShares and securities-lending units each generate as much as a third of the profit for the Barclays Global Investors subsidiary, the newspaper said, citing a person familiar with the situation. BGI had a pretax profit of 595 million pounds ($903 million) in 2008, the Journal said.
Barclays does not comment on speculative stories, a company spokeswoman in London said when contacted by Bloomberg today.
To contact the reporter on this story: Dan Hart in Washington at dahart@bloomberg.net
The Oil Business Could Be Worse (But Not Much) [View article]
Oil slips to near $58 as signs of weak economies in US, Europe slow recent rally
Pablo Gorondi, Associated Press Writer
On Friday May 15, 2009, 6:44 am EDT
Buzz up! Print Oil prices slipped to near $58 a barrel Friday as signs of economic weakness in the U.S. and Europe led investors to consider whether this month's crude rally was justified.
Benchmark crude for June delivery was down 53 cents to $58.09 a barrel by midday in Europe in electronic trading on the New York Mercantile Exchange. On Thursday, the contract climbed 60 cents to settle at $58.62.
In London, Brent prices were down 49 cents to $58.10 a barrel on the ICE Futures exchange.
Oil recently rose above $60 a barrel on optimism that the worst of the U.S. recession was over, but dismal news this week on retail sales, unemployment and housing have traders reconsidering their outlook.
European data was likewise bleak as it showed the euro zone economy shrank by a massive 2.5 percent in the first quarter, with export-dependent Germany, the region's biggest economy, particularly badly hit.
"Some of the green shoots are looking like yellow weeds," said Christoffer Moltke-Leth, head of sales trading for Saxo Capital Markets in Singapore. "That's going to spill over into equity markets and have an effect on crude."
He projected that prices would fall back toward $50 a barrel soon, which could mean lower pump prices.
Investors got more evidence Thursday that global crude demand may be too weak to justify the recent run-up in prices. The Paris-based International Energy Agency cut its global oil consumption forecast for a ninth consecutive month and now expects demand to fall 3 percent in 2009, or about 2.6 million fewer barrels a day than last year.
Cramer's Lightning Round - General Cable Is Back and Bigger than Ever (5/1/09) [View article]
"He projected that prices would fall back toward $50 a barrel soon, which could mean lower pump prices."
Oil slips to near $58 as signs of weak economies in US, Europe slow recent rally
Pablo Gorondi, Associated Press Writer
On Friday May 15, 2009, 6:44 am EDT
Buzz up! Print Oil prices slipped to near $58 a barrel Friday as signs of economic weakness in the U.S. and Europe led investors to consider whether this month's crude rally was justified.
Benchmark crude for June delivery was down 53 cents to $58.09 a barrel by midday in Europe in electronic trading on the New York Mercantile Exchange. On Thursday, the contract climbed 60 cents to settle at $58.62.
In London, Brent prices were down 49 cents to $58.10 a barrel on the ICE Futures exchange.
Oil recently rose above $60 a barrel on optimism that the worst of the U.S. recession was over, but dismal news this week on retail sales, unemployment and housing have traders reconsidering their outlook.
European data was likewise bleak as it showed the euro zone economy shrank by a massive 2.5 percent in the first quarter, with export-dependent Germany, the region's biggest economy, particularly badly hit.
"Some of the green shoots are looking like yellow weeds," said Christoffer Moltke-Leth, head of sales trading for Saxo Capital Markets in Singapore. "That's going to spill over into equity markets and have an effect on crude."
He projected that prices would fall back toward $50 a barrel soon, which could mean lower pump prices.
Investors got more evidence Thursday that global crude demand may be too weak to justify the recent run-up in prices. The Paris-based International Energy Agency cut its global oil consumption forecast for a ninth consecutive month and now expects demand to fall 3 percent in 2009, or about 2.6 million fewer barrels a day than last year.
Oil ETFs: Texas Tea or Empty Well? [View article]
Oil slips to near $58 as signs of weak economies in US, Europe slow recent rally
Pablo Gorondi, Associated Press Writer
On Friday May 15, 2009, 6:44 am EDT
Buzz up! Print Oil prices slipped to near $58 a barrel Friday as signs of economic weakness in the U.S. and Europe led investors to consider whether this month's crude rally was justified.
Benchmark crude for June delivery was down 53 cents to $58.09 a barrel by midday in Europe in electronic trading on the New York Mercantile Exchange. On Thursday, the contract climbed 60 cents to settle at $58.62.
In London, Brent prices were down 49 cents to $58.10 a barrel on the ICE Futures exchange.
Oil recently rose above $60 a barrel on optimism that the worst of the U.S. recession was over, but dismal news this week on retail sales, unemployment and housing have traders reconsidering their outlook.
European data was likewise bleak as it showed the euro zone economy shrank by a massive 2.5 percent in the first quarter, with export-dependent Germany, the region's biggest economy, particularly badly hit.
"Some of the green shoots are looking like yellow weeds," said Christoffer Moltke-Leth, head of sales trading for Saxo Capital Markets in Singapore. "That's going to spill over into equity markets and have an effect on crude."
He projected that prices would fall back toward $50 a barrel soon, which could mean lower pump prices.
Investors got more evidence Thursday that global crude demand may be too weak to justify the recent run-up in prices. The Paris-based International Energy Agency cut its global oil consumption forecast for a ninth consecutive month and now expects demand to fall 3 percent in 2009, or about 2.6 million fewer barrels a day than last year.
Cramer's Lightning Round - General Cable Is Back and Bigger than Ever (5/1/09) [View article]
Funny Jim But BP CEO says dividend is safe only at $60???
keep pumping Jim???
www.thestreet.com/stor...