PA-Pittsburgh, Manager of External Communications - PNC Financial Services, Inc The primary objective of this position is to help build a positive external image and reputation for PNC through effective communicatio[...]
In today's earnings report, Lehman Brothers reported that its book value rose one cent to $39.45 per share. The stock is doing great this morning, up $6 or so to $37.80, which puts Lehman on a price-to-book ratio of 0.96. Now that Yahoo Quotes has been updated, let's update that [...]
Phillip Lyon submits:Bank of America (BAC) is down moderately since my initial short recommendation and I think now would be a good time to cover and take the gain off the table.Complete Story »[...]
Over the weekend, the Federal Reserve bailed out JPMorgan Chase. No, that is not a typo. On Monday, JPMorgan's stock closed up 10 percent in a down market, increasing the bank's market capitalization by more than $12 billion. Even assuming that JPMorgan ultimately has to pay more for Bear than [...]
Bear Stearns' stunning collapse destroyed hundreds of millions of dollars in employee wealth, and those employees are nervously contemplating the future. Read More Topics:Stock Market | Mergers & AcquisitionsCompanies:JPMorgan Chase and Co | Bear Stearns Companies IncMEDIA:PHOTO Permalink[...]
Notable Calls submits: Banc of America is out fairly positive on Apple (NASDAQ:AAPL), saying notebooks/desktops are the key to watch for potential EPS upside in F2Q08. While they recently lowered their F2008 and F2009 EPS estimates due to iPod and iPhone revisions, they also note a continued large discrepancy for [...]
