Top 5 Companies by Largest 1-Year Stock Price Decline
After a brief, one-day rally in the financial sector following the Fannie Mae (FNM) and Freddie Mac (FRE) bailout on Sunday, companies such as Lehman Brothers (LEH) and Washington Mutual (WM) have lost over 47% and 57% of their market value, respectively, compared to a 5% loss in the Financial Sector SPDR (XLF) over the last five trading days. In contrast, the UltraShort Financials ProShares ETF (SKF) is up 6% in this ti
When considering if financial stocks have hit bottom first consider this research piece by Bridgewater , the worlds 2nd largest hedge fund. It doesn't bode well for MER, the financial industry, the US Dollar, or the US economy in general. This is no time to be taking speculative positions in securities that neither you or I have the ability to analyze completely enough to make a sophisticated investment decision. In markets like these you are far better off protecting your capital than trying to catch falling knives.
7/29 - "Oppenheimer's Meredith Whitney notes this would reduce MER's CDOs exposure by $11.1 billion. While MER has significantly diluted existing shareholders, they applaud this purging of assets as an attempt to cut its losses and focus on stabilizing its platform and righting the franchise towards growth. While MER's stock still sells at a premium to book value and is expensive in firm's opinion, they believe the stock is getting closer to fairly valued levels as now the hardest work is behind the company."
"Deutsche Bank notes the move increases shares outstanding by est. 38% and reduce...
Awesome company and great CEO.... Company that got caught up with too much greed but it is a good strong financial play. Buy Merril Lynch for the long term will yield investors with plenty of profits. The company is selling off bad assets all beit at a fifth of their value and raising capital. Merrill Lynch with most of its value lost this year is agreat buy and should in the near future start reversing the downtrend and be a hit financial stock once again and emerging from this credit crunch as a raging bull......
Today the Dow Jones Industrial Average bounced back from yesterday's poor showing. It ended the trading day at 11,397.56, that's plus 266.48(+2.39%) returning more than it had lost only 24 hours ago.
There are plenty of prognosticators explaining why this happened and so I am not going to join the crowd this afternoon with my own version. Leave it to say we are i
Today the Dow Jones Industrial Average bounced back from yesterday's poor showing. It ended the trading day at 11,397.56, that's plus 266.48(+2.39%) returning more than it had lost only 24 hours ago.
There are plenty of prognosticators explaining why this happened and so I am not going to join the crowd this afternoon with my own version. Leave it to say we are i
<o:p> <st2:personname w:st="on"> <st1:givenname w:st="on"> John </st1:givenname> <st1:sn w:st="on"> Thain </st1:sn> </st2:personname> is one of the poster children of why you can't believe a word out of any <u1:stockticker u2:st="on"> <st2:stockticker w:st="on"> CEO </st2:stockticker> 's mouths on Wall Street these days. A <st2:stockticker w:st="on"> CEO </st2:stockticker> of a financial services company who say's that the worst is behind us as far as losses due to the CDO market on their own books, only to learn that he has no clue what his losses are lying to the
MER sold a 20% stake in Bloomberg that it held since 1985 and a back office company.
When a company is selling assets as valuable as Bloomberg,it must be a sign of desperation.The damage done by Stan O Neal could be fatal to the company.With the markets cheering the 4.9 billion dollar loss with sharp gains,I had to short.
loss 2Q.....3.95 per share depreciation....6 billion from high quality CDO possibilty to obtain capital from sale (part of concern) of BlackRock Inc., (1-2 billion) possibility to save next 1 billion ....reducing of dividend
TheStreet.com's Jim Cramer says forget calling a financial bottom -- everything you need is right in front of you.
Do you think this week will finally end the oil inventory nonsense? Do you think this week could be the breakout where oil doesn't trade on the slight build or the "heavier than expected" c...
TheStreet.com's Jim Cramer says the acquired Bear Stearns portfolio is worth even less than he thought.
How bad was that Bear Stearns portfolio? I am beginning to believe that JPMorgan's (NYSE: JPM) (Cramer's Take) buy of Bear is looking like a big mistake. It can only be justified by what might have been an even bigger p...
TheStreet.com's Jim Cramer says we know how it'll play out. Besides, there's money to be made elsewhere.
Nobody's dissing the credit crisis. We all see it. We know when it is back. We know that the write-offs for the banks and brokers and Fannie (NYSE: FNM) (Cramer's Take) and Freddie (NYSE: FRE) (Cramer's Take) will b...
Still calling a bottom?
- Lehman is going bankrupt and Merrill's going to be sold. Do people still think that you should be dipping your toes in financials?
The Rush to Gold. Coming or gone?
- We are in the midst of a credit melt down. If you don't believe it just turn on a tv , pick up a paper, or get your head out of the sand. Face it, the...
Top 5 Companies by Largest 1-Year Stock Price Decline 
After the market closed last night, with the 
Today the 
