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Boulder Income Fund is my Berkshire proxy trade

Fri, 17 May 2013 21:39:57 -0400

Boulder Income Fund has a 25% stake in Berkshire.

(WFC) Wells Fargo in $105 Million Settlement

Thu, 16 May 2013 16:33:08 -0400

Wells Fargo & Company (WFC) agreed to shell out a sum of $105 million to settle a lawsuit filed...

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(RF) Regions Financial to Redeem TruPS

Thu, 16 May 2013 16:29:53 -0400

Regions Financial Corporation (RF) announced that it will redeem its issued and outstanding 6.625%...

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Bloomberg Reports on Rise of Possible Housing Bubble

Thu, 16 May 2013 16:03:24 -0400

Is the U.S. housing market entering the early stages of a possible bubble?

Or is this stagnant industry finally growing? Kathleen M. Howley of Bloomberg published an article earlier Thursday pertaining to these implications in the housing market.

In her article, Howley comments that the Federal Reserves' aim to push

Stock Market News for May 15, 2013 – Market News

Wed, 15 May 2013 10:36:01 -0400

Expectations that the Federal Reserve would continue with its monetary stimulus program propelled benchmarks to new highs

A Financial Services ETF Buffett Would Love

Tue, 14 May 2013 13:32:55 -0400

As ETFs have surged in popularity, analysts and investors have wondered which funds would be appealing to legendary value investor Warren Buffett. Buffett's Berkshire Hathaway (NYSE: BRK-A), itself a financial services conglomerate, held equity stakes in 41 companies at the end of the fourth quarter.

With massive positions in financial

FRT Closes Senior Notes Offering – Analyst Blog

Mon, 13 May 2013 17:30:01 -0400

Federal Realty closed the equity offering of new senior unsecured notes worth $275 million, to strengthen its liquidity position and pay back debt.

Foreclosure Activity Falls Again – Analyst Blog

Mon, 13 May 2013 17:12:01 -0400

Indicating the marginal revival of the housing market, the foreclosure market report -- released by RealtyTrac -- revealed a consistent fall in the overall foreclosure activity in Apr 2013.

Wells Fargo Hits New 52-Week High – Analyst Blog

Thu, 09 May 2013 18:40:01 -0400

Shares of Wells Fargo achieved a new 52-week high, touching $38.67 on May 8.

Banks still have trouble getting paperwork right

Wed, 08 May 2013 09:40:24 -0400

America’s mortgage foreclosure crisis is at least five years old, and two of the nation’s largest banks apparently still can’t handle all the paperwork, Al Lewis reports.

Can investors oust Dimon as J.P. Morgan chairman?

Tue, 07 May 2013 12:17:47 -0400

Will J.P. Morgan be a better company with the chairman and chief executive roles split?

New York Attorney General Eric Schneiderman Explains Suing Wells Fargo and Bank of America

Tue, 07 May 2013 10:20:38 -0400

New York Attorney General Eric Schneiderman was on CNBC's Squawk Box Tuesday morning to talk about the hot news of the lawsuit he's leading on behalf of New Yorkers wronged by Bank of America (NYSE: BAC) and Wells Fargo (NYSE: WFC) over the last six months.

Media Digest: Reuters, WSJ, NYT, FT, Bloomberg

Tue, 07 May 2013 02:48:00 -0400

DailyFinance.com: The U.S. government accuses China of stealing military secrets. (Reuters) Microsoft Corp. (NASDAQ: MSFT) plans to upgrade Windows 8 to boost sales. (Reuters) New York state will file charges against Bank of America Corp. (NYSE: BAC) and Wells Fargo & ... Read more

Macquarie to Offer Shares – Analyst Blog

Mon, 06 May 2013 20:00:01 -0400

Macquarie recently announced a secondary offering of 6.15 million shares at $58.50 each to raise cash and increase its liquidity.

JPMorgan Stock: the Popular Bad Boy of Banking?

Mon, 06 May 2013 12:09:38 -0400

High Cigarette Excise Tax in NYC Results in Flourishing Black Market

Mon, 06 May 2013 10:43:07 -0400

When it comes to cigarettes, taxation as a means of social engineering only benefits the black market.

So said National Association of Convenience Stores (NACS) Senior Vice President, Lyle Beckwith in a USA Today Op-Ed.

The latest statistics seem to bear this out. The Huffington Post, in a report

A Warren Buffett Sampler Before Annual Meeting

Thu, 02 May 2013 20:19:26 -0400

Regions to Redeem TruPS – Analyst Blog

Thu, 02 May 2013 19:40:01 -0400

Regions announced that it will redeem its issued and outstanding 6.625% Trust Preferred Securities worth $498 million.

Wells Fargo in $105M Settlement – Analyst Blog

Thu, 02 May 2013 18:10:01 -0400

Wells Fargo & Company (WFC) agreed to shell out a sum of $105 million to settle a lawsuit filed against it by Medical Capital Holdings Inc.

(BAC) Underwhelming Earnings Backdrop

Thu, 02 May 2013 16:16:21 -0400

Wednesday, April 17, 2013 Unlike Tuesday when earnings reports were on the reassuring side, the...

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(CUZ) Cousins Properties Incorporated Boosts Liquidity

Thu, 02 May 2013 16:15:49 -0400

In order to enhance its financial flexibility, Cousins Properties Incorporated (CUZ) infused...

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10 Big Name Stocks Going Ex-Dividend Next Week (May 6-10)

Thu, 02 May 2013 13:36:34 -0400

Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its upcoming dividend payout. For more information, check out Everything Investors Need to Know About Ex-Dividend Dates Below we highlight 10 big-name stocks going ex-dividend for the week of May 6-10, 2013: [...]

The Stock Buffett Ought to Be Bragging About

Thu, 02 May 2013 10:06:33 -0400

X Factor: 5 Stocks Reaching Their Ex-Dividend Date on May 8

Wed, 01 May 2013 12:40:00 -0400

Pfizer, Wells Fargo & Company, and BB&T Corporation are on the list.

March 2009 Vs. April 2013: A Lesson in Discipline

Mon, 29 Apr 2013 12:47:00 -0400

Blind risk is bad risk.

Extra Space Storage Grows to All-Time High on Cushy Earnings, Comfy Guidance

Mon, 29 Apr 2013 11:21:03 -0400

Extra Space Storage (NYSE: EXR) has kicked the week off with great news for its shareholders, reaching a record-high on a successful first quarter and strong guidance.

The Salt Lake City-based firm's EPS rose 39.4 percent to $0.46, topping estimates of $0.44.

Revenue jumped 34 percent to

Ken Langone Lets Loose on the Elderly, Big Banks

Fri, 26 Apr 2013 15:21:25 -0400

Billionaire venture capitalist of The Home Depot (NYSE: HD) and Yum! Brands (NYSE: YUM) fame Kenneth Langone appeared as a guest-host on Bloomberg Television's "Market Makers" Friday.

From robbing this nations youth to President Obama, Langone gave his take on many issues confronting the nation

Even a private citizen can’t arrest a bank CEO

Fri, 26 Apr 2013 11:40:09 -0400

A private citizen tries to do what Eric Holder can’t: arrest the CEO of a too-big-to-fail bank, Al Lewis reports.

Wells Fargo Hikes Dividend – Analyst Blog

Wed, 24 Apr 2013 12:00:01 -0400

On Tuesday, Wells Fargo & Company enhanced its quarterly common stock dividend by 20% to 30 cents per share. The dividend will be paid on Jun 1, 2013 to shareholders of record as of May 10, 2013.

Stocks Market News for April 24, 2013 – Market News

Wed, 24 Apr 2013 10:36:01 -0400

Benchmarks finished in the green after recovering from a steep drop triggered by a “bogus” tweet about an explosion at the White House

Top Insider Trades: Sheryl Sandberg Sells Additional $4.5 Million in Facebook Stock; Insiders at BlackRock and Bank of America Buy

Tue, 23 Apr 2013 10:35:00 -0400

Plus, a purchase at Guidance Software.

(GS) Is Goldman Sachs Group’s Blankfein’s Huge Pay Hike Justified?

Sun, 21 Apr 2013 12:48:54 -0400

The Goldman Sachs Group, Inc. (GS) CEO Lloyd Blankfein received a massive pay raise of nearly 75%...

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(C) Citigroup Posts Encouraging Earnings

Sun, 21 Apr 2013 12:48:17 -0400

After reporting disappointing results in the prior quarter, Citigroup Inc. (C) reported an...

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Drillers: Productivity Boom Transcends Gas Prices

Fri, 19 Apr 2013 10:21:43 -0400

(JPM) U.S. Banks Stock Outlook – April 2013 – Zacks Analyst Interviews

Thu, 18 Apr 2013 17:42:14 -0400

U.S. banks entered 2013 with uninterrupted expense control, sound balance sheets, an uptick in...

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(JPM) Foreclosure Activity Declines in First Quarter

Thu, 18 Apr 2013 17:30:35 -0400

Indicating the marginal revival of the housing market, the foreclosure market report – released by...

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(JPM) JPMorgan Chase’s First Quarter Earnings on Track

Thu, 18 Apr 2013 17:02:17 -0400

Maintaining its track record, JPMorgan Chase & Co. (JPM) came out with a positive earnings...

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iShares Bolsters Factor ETF Lineup With 5 New Funds

Thu, 18 Apr 2013 14:03:02 -0400

BlackRock's (NYSE: BLK) iShares unit, the world's largest ETF issuer, added to its lineup of factor-driven ETFs today with the debut of five new funds. Two of the new ETFs are managed using BlackRock research rather than tracking an index while the other three are iShares MSCI Factor

How to Find Dividend Stars: Financial Sector

Thu, 18 Apr 2013 10:59:42 -0400

Debbie Downers on Wall Street

Thu, 18 Apr 2013 10:22:58 -0400

How to explain the sad-sack tone from the leaders of the four biggest U.S. banking companies after their earnings announcements in the last week?

BofA Short on Earnings, Beats Rev – Analyst Blog

Wed, 17 Apr 2013 13:55:01 -0400

The quarter witnessed improved credit quality across major portfolios, higher brokerage income and a compelling investment banking performance, thanks to better capital market activities.

24/7 Wall St. Closing Bell — April 17, 2013: Markets Open Down, Track Lower All Day

Wed, 17 Apr 2013 12:05:00 -0400

DailyFinance.com: U.S. equity markets opened lower this morning following a downturn in Europe and mixed markets in Asia. Data releases were limited everywhere today as well. In Asia, a weaker yen boosted the Nikkei, but Japanese consumer confidence barely ticked up. ... Read more

Cousins Boosts Liquidity – Analyst Blog

Wed, 17 Apr 2013 11:25:01 -0400

Cousins infused approximately $165.1 million of capital through a public offering.

Bull of the Day: Flagstar Bank (FBC) – Bull of the Day

Wed, 17 Apr 2013 01:31:01 -0400

Bull of the Day: Flagstar Bank (FBC) - Bull of the Day

Minyanville's T3 Daily Recap: Market Rebounds from Year's Biggest Loss

Tue, 16 Apr 2013 18:22:00 -0400

Is this an oversold bounce?

Rising China Bank Dividends: Good News For These ETFs

Tue, 16 Apr 2013 14:14:26 -0400

The rise of China's shadow banking system and increased concerns about non-performing loans in the world's second-largest have prompted some global investors to be skittish about Chinese bank stocks.

Although it is fair to say emerging markets financial services firms are riskier than their U.S. equivalents, rising dividends could be one

Citigroup cuts loan loss provisions

Mon, 15 Apr 2013 15:18:35 -0400

Citigroup Inc. could finally be buying into a housing recovery in the U.S., as the bank announced it will set aside less money to cover possible losses on loans, say analysts.

Hot Option Plays: Gold Melting After Hours

Mon, 15 Apr 2013 14:18:21 -0400

Cusick’s Corner 04-12-2013 After Hours Well, if you generally like to be a bear then you probably would have liked participating today in the precious metals markets — XME/GLD/SLV, and Miners, GDX. The bottom has dropped out in this space. It’s not a positive for the market at this stage, and deeper lows with this [...]

(XLE) Stock Market News for April 15, 2013 – Market News

Mon, 15 Apr 2013 12:38:00 -0400

Benchmarks closed in the red following a series of disappointing domestic reports. Major indices...

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UPDATE: Sterne Agee Raises PT on Wells Fargo & Co. on 1Q13 Earnings

Mon, 15 Apr 2013 12:18:01 -0400

In a report published Monday, Sterne Agee analyst Todd L. Hagerman reiterated a Buy rating on Wells Fargo & Co. (NYSE: WFC), and raised the price target from $38.00 to $42.00.

In the report, Hagerman noted, “Earnings momentum remains sluggish as core revenues slipped a bit more than expected