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Category Archives: Comments on News
BAC’s next May hearing
Remember the BAC’s $8.5 billion mortgage-bond settlement? According to Bloomberg,
Posted in Comments on News
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AIG ends Fed Maiden Lane chapter
I have followed on this for over a year, now finally Fed sold the last piece of ML III securities. This is a big landmark on Fed’s bail-out of AIG.
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ML III Sale is almost done
Maiden Lane III sale is down to the wire now. According to the NY Fed web site,
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Big news: AIG bailout funds fully repaid
Here is a really big news today on AIG,
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Good and bad news
Here are a few relevant good and bad news,
Posted in Comments on News, Macroeconomics
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Two big wins for BAC
Remember this eye-popping news in Sept, 2011 “$50 Billion Claim of Havoc Looms for Bank of America” over a lawsuit arising from its troubled Merrill Lynch acquisition?
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A closer look at Earnings of Bank of America 1Q12 report
BAC released its 1Q12 financial report on 04/19. Here are its earnings: Net Income of $653 million, or $0.03 Per Diluted Share…
Posted in Comments on News, Equity Analysis
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Wells Fargo’s valuation on AIG
Wells Forgo recently upgraded the stock valuation AIG,
Posted in Comments on News, Equity Analysis
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Employment Data
Lots of headlines are highlighting the depressing news of jobs,
Posted in Comments on News, Macroeconomics
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$18+ Bil AIG common stock for sale!!
Here is a great mega news for AIG!!!! The US Treasury states that it will sell $18B worth of AIG common stocks and it will also sell $2.7 bil common stock to cover possible over-allotments.