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Bear Stearns in Talks to Sell 20% Stake – NY Times

Bear Stearns is in talks with outside investors to sell a 20% stake in the firm, according to the New York Times. The list of investors rumored to be involved includes Warren Buffet, Bank of America, Wachovia, and the Chinese companies Citic Group and China Construction Bank. Bear Stearns has been severely hit by the [...]

Is E*Trade a Bargain?

I have been looking at E*Trade (ETFC)
in recent days. This is exactly the kind of contrarian play that I
think value investors should be looking at within the financial
services sector. It falls into the category of being beaten down due to
mortgage market issues, but I do think there is a lot of long-term
value here, given that [...]

What Warren Buffett and Joseph Lewis Think of Financial Stocks

Financial companies from banks to brokerages to lenders to insurers have been battered by Wall Street. Active investors have not only fled, but many have pledged not to return until 2009.

Yet British-born billionaire investor Joseph Lewis and America’s second richest man, Warren Buffett, have a different idea; specifically, both Lewis and Buffett have shown more [...]

Pakistan has 7 million child labourers: Paper

Pakistan has 7 million child labourers: Paper

By ANI
Saturday September 8, 2007
Islamabad, Sep 8 (ANI): Pakistan still has seven million child labourers, and around 24,400 juveniles have died as a result of crime and other forms of violence since 2003.
According to Population Welfare Ministry document, obtained by The Nation, the number of street [...]

How much should credit card companies have to disclose?

Filed under: Law, Internet, Scandals, Personal finance
Liz Pullman Weston writes that “Some of the credit card industry’s most egregious practices are finally getting the regulatory and congressional scrutiny they so richly deserve. Consumers this month have the opportunity to weigh in on Federal Reserve reforms and on legislation that could make credit cards a lot [...]

StockWatch: Between the Bells with Timothy Sykes

Filed under: Market matters, Personal finance, Stocks to Buy, Videos
Ready to make some serious money? Wall Street Warrior Timothy Sykes isn’t playing around — he wants to make you rich. In this edition of StockWatch: Between the Bells, the MSN Money host and author of An American Hedge Fund: How I Made $2 Million as [...]

Kirby Corporation (KEX): A positive financial outlook

Filed under: Earnings reports, Analyst upgrades and downgrades, Exxon Mobil (XOM), Dow Chemical (DOW), Technical Analysis, Stocks to Buy
Efficient transportation of bulk industrial fluids is a tricky specialty. When plans call for movement by inland waterways, one of the best known U.S. specialists is an outfit down in Houston.
Kirby Corporation (NYSE: KEX) is the largest [...]

Global Payments: Insider Selling Is A Negative Indicator

Global Payments (GPN) has been announcing a few deals here and there.
The stock has been gaining some ground, but the insiders are selling
consistently into the rise. Carl Williams President Worldwide Payments
Processing, James Kelly the COO, Suellyn Tornay EVP and Head Lawyer,
and Joseph Hyde CFO are all exercising and selling. These are all
senior people and should [...]

Option update: Fertilizer companies rally on rising grain prices

Filed under: Options
Agrium (NYSE: AGU) volatility is flat as AGU at record high on strong fertilizer demand. AGU, an agricultural retailer and fertilizer producer, closed at $54.38. AGU over all option implied volatility of 39 is near its 26-week average of 38 according to Track Data, suggesting nondirectional risk.
Terra Industries (NYSE: TRA) volatility is [...]

Clinton’s Calculated Cackle

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<div class=”field-item”><p>Last Sunday, September 23, 2007, Hillary appeared on all five of the major morning talk shows. During each appearance she let loose a demented sounding cackle. </p>
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