Financials add to the regular session's big gains as Meredeth Whitney gets bullish on the sector, particularly Bank of America, Citigroup, and Discover. The catalyst for the group will be the March release of the Fed's stress tests showing them adequately capitalized, paving the way for more share repurchases and dividend bumps. BAC +2.1%, C +0.5%, DFS +2.3%, XLF +0.4% AH. [View news story]
A judge lets a pension fund lawsuit over MBS against Bank of America (BAC) and U.S. Bancorp (USB) move forward. The banks are accused of failing to protect investors in their role as trustees for the securities backed by Washington Mutual. [View news story]
Citigroup (C +5.6%) - with new management in place able to make tough decisions - is a resounding buy over Bank of America (BAC +3.8%), CLSA's Mike Mayo tells the crew on CNBC's Fast Money [View news story]
Yeah. They are doing so good.... lol lol Citigroup Plans Cut of Another 11,000 Jobs 10:00a ET December 5, 2012 (Benzinga)
Citigroup, Inc. (NYSE: C), the nation's third-largest bank, said that it will take a pretax charge of $1 billion this quarter in a plan that will eliminate more than 11,000 jobs, about 4 percent of its total staff.
Starbucks Not My Cup Of Tea At These Levels [View article]
At these levels, Starbucks is just not my cup of tea. Yet. Right!!! Wait until it goes higher. Like the analyst. Wait until SBUX reports a great earnings report and then say, "It is time to buy". You should be able to get the shares $10 higher.... lol lol
Starbucks Not My Cup Of Tea At These Levels [View article]
I went to see my broker in Costa Mesa, Ca. In the mall there were at least 3 coffee shops, plus Starbucks, located within 100 yards of each other. Being a Starbucks share holder and not a coffee drinker I went to each shop to see what the customer capacity was. None of the shops, but SBUX, had a waiting line. The atmosphere at SBUX was excellent compared to the other shops. If you think that SBUX does not know what they are doing then you are wrong.
Your article is funny. There are 3 things a stock can do & two of them are not good. It can go up. It can go down. It can stay the same. Give me the dividend while waiting anytime. I will accept anyone's dividend & pay the taxes on them no questions asked!!! Kinda like my buddy. Has a couple of hundred share of IBM. Can write an option to bring in $16,000 and a strike price well above what he paid for the shares. He will not do it because of the tax.... duhhhh. The share then dropped tremendously and he is still sitting on them.
Unlike J.P. Morgan (JPM), Citi (C) and Wells Fargo (WFC), BofA (BAC) is not providing automatic fee waivers to customers living in Sandy’s path. Instead, BofA says customers may qualify for some waivers but only if they first call the bank via an 800 number or by visiting a branch. Most banks also are proactively waiving fees on using out-of-network ATMs, but here again BofA adopts a stricter policy. [View news story]
Yeah!!! Give Obama 4 more years.... lol lol He will straighten it out like Benghazi. Or maybe like the ATF and the 2,000 guns they gave to the Mexican drug cartels.
Unlike J.P. Morgan (JPM), Citi (C) and Wells Fargo (WFC), BofA (BAC) is not providing automatic fee waivers to customers living in Sandy’s path. Instead, BofA says customers may qualify for some waivers but only if they first call the bank via an 800 number or by visiting a branch. Most banks also are proactively waiving fees on using out-of-network ATMs, but here again BofA adopts a stricter policy. [View news story]
BAC does not need poor customers. It is not a charity, like Acorn!
Unlike J.P. Morgan (JPM), Citi (C) and Wells Fargo (WFC), BofA (BAC) is not providing automatic fee waivers to customers living in Sandy’s path. Instead, BofA says customers may qualify for some waivers but only if they first call the bank via an 800 number or by visiting a branch. Most banks also are proactively waiving fees on using out-of-network ATMs, but here again BofA adopts a stricter policy. [View news story]
Bank of America is not your mother!! Grow up and realize they are a business trying to make a profit after they were beaten to the ground and Bush and Obama flooded them with money to survive. Then congress hit them with more rules to kill their profits. Then they were hit with many, many lawsuits because Countrywide was forced on them by congress.
Starbucks (SBUX) opens its first store in India as it works with joint venture partner Tata Global Beverages. The company has high hopes for growth in the nation with the cafe market forecast to jump 78% to $410M over the next five years. [View news story]
Financials add to the regular session's big gains as Meredeth Whitney gets bullish on the sector, particularly Bank of America, Citigroup, and Discover. The catalyst for the group will be the March release of the Fed's stress tests showing them adequately capitalized, paving the way for more share repurchases and dividend bumps. BAC +2.1%, C +0.5%, DFS +2.3%, XLF +0.4% AH. [View news story]
A judge lets a pension fund lawsuit over MBS against Bank of America (BAC) and U.S. Bancorp (USB) move forward. The banks are accused of failing to protect investors in their role as trustees for the securities backed by Washington Mutual. [View news story]
7 Key Points On Owning MLPs [View article]
7 Key Points On Owning MLPs [View article]
Citigroup (C +5.6%) - with new management in place able to make tough decisions - is a resounding buy over Bank of America (BAC +3.8%), CLSA's Mike Mayo tells the crew on CNBC's Fast Money [View news story]
Citigroup Plans Cut of Another 11,000 Jobs
10:00a ET December 5, 2012 (Benzinga)
Citigroup, Inc. (NYSE: C), the nation's third-largest bank, said that it will take a pretax charge of $1 billion this quarter in a plan that will eliminate more than 11,000 jobs, about 4 percent of its total staff.
Starbucks Not My Cup Of Tea At These Levels [View article]
Right!!! Wait until it goes higher.
Like the analyst. Wait until SBUX reports a great earnings report and then say, "It is time to buy".
You should be able to get the shares $10 higher.... lol lol
Starbucks Not My Cup Of Tea At These Levels [View article]
None of the shops, but SBUX, had a waiting line. The atmosphere at SBUX was excellent compared to the other shops.
If you think that SBUX does not know what they are doing then you are wrong.
My Must-Own 17% Dividend Yield Equity [View article]
I Don't Understand Dividends [View article]
I Don't Understand Dividends [View article]
There are 3 things a stock can do & two of them are not good.
It can go up. It can go down. It can stay the same.
Give me the dividend while waiting anytime. I will accept anyone's dividend & pay the taxes on them no questions asked!!!
Kinda like my buddy. Has a couple of hundred share of IBM. Can write an option to bring in $16,000 and a strike price well above what he paid for the shares. He will not do it because of the tax.... duhhhh. The share then dropped tremendously and he is still sitting on them.
Bank Of America And The Fiscal Cliff [View article]
The can will be kicked down the road with the Republicans caving in.
What Fiscal Cliff??
Unlike J.P. Morgan (JPM), Citi (C) and Wells Fargo (WFC), BofA (BAC) is not providing automatic fee waivers to customers living in Sandy’s path. Instead, BofA says customers may qualify for some waivers but only if they first call the bank via an 800 number or by visiting a branch. Most banks also are proactively waiving fees on using out-of-network ATMs, but here again BofA adopts a stricter policy. [View news story]
He will straighten it out like Benghazi. Or maybe like the ATF and the 2,000 guns they gave to the Mexican drug cartels.
Unlike J.P. Morgan (JPM), Citi (C) and Wells Fargo (WFC), BofA (BAC) is not providing automatic fee waivers to customers living in Sandy’s path. Instead, BofA says customers may qualify for some waivers but only if they first call the bank via an 800 number or by visiting a branch. Most banks also are proactively waiving fees on using out-of-network ATMs, but here again BofA adopts a stricter policy. [View news story]
Unlike J.P. Morgan (JPM), Citi (C) and Wells Fargo (WFC), BofA (BAC) is not providing automatic fee waivers to customers living in Sandy’s path. Instead, BofA says customers may qualify for some waivers but only if they first call the bank via an 800 number or by visiting a branch. Most banks also are proactively waiving fees on using out-of-network ATMs, but here again BofA adopts a stricter policy. [View news story]
Then congress hit them with more rules to kill their profits.
Then they were hit with many, many lawsuits because Countrywide was forced on them by congress.
Starbucks (SBUX) opens its first store in India as it works with joint venture partner Tata Global Beverages. The company has high hopes for growth in the nation with the cafe market forecast to jump 78% to $410M over the next five years. [View news story]