Traders admit cooking subprime books - TVNZ

Stuff.co.nz

Traders admit cooking subprime books TVNZ In a rare criminal prosecution to emerge from the financial crisis, two former Credit Suisse traders admitted today to conspiring to manipulate the value of about $3 billion in subprime mortgage-backed securities in order to hide losses as the US real … Former Credit Suisse employees accused of fraud in valuing subprime investmentsWashington Post Former traders admit cooking booksStuff.co.nz Ex-Credit Suisse traders admit cooking subprime booksLondon South East all 534 news articles »

Source: news.google.com

Investing 101: 5 Stocks Reaching New Highs And Undervalued By Graham - Kapitall Blog (blog)

Kapitall Blog (blog)

Investing 101: 5 Stocks Reaching New Highs And Undervalued By Graham Kapitall Blog (blog) The Graham Number = Square Root of (22.5) x (TTM Earnings per Share) x (MRQ Book Value per Share). According to Benjamin Graham, creator of the equation, any stock trading at a significant discount to this number is considered by the equation to be … 12 Low Volatility Large Caps Undervalued By The Graham NumberSeeking Alpha all 4 news articles »

Source: news.google.com

Ex-Credit Suisse traders admit cooking subprime books - Reuters

New York Daily News

Ex-Credit Suisse traders admit cooking subprime books Reuters By Grant McCool | NEW YORK (Reuters) - In a rare criminal prosecution to emerge from the financial crisis, two former Credit Suisse traders admitted on Wednesday to conspiring to manipulate the value of about $3 billion in subprime mortgage-backed … Two Bank Execs Plead Guilty; One on the LooseCourthouse News Service all 39 news articles »

Source: news.google.com

BATS Global Markets Gains European Market Share In January - MarketWatch (press release)

BATS Global Markets Gains European Market Share In January MarketWatch (press release) BATS operates two stock exchanges in the US, the BATS BZX Exchange and BATS BYX Exchange; BATS Options, a US equity options market; and BATS Europe and Chi-X Europe, which operate FSA-authorized multilateral trading facilities. and more »

Source: news.google.com

Northland to Finance its Kaunisvaara Project - MarketWatch (press release)

Northland to Finance its Kaunisvaara Project MarketWatch (press release) The shares in the Offering to be recorded in the VPS may not be traded on the Oslo Stock Exchange until an EEA prospectus has been approved, and announced in accordance with the Norwegian Securities Trading Act. The book-building and application period … and more »

Source: news.google.com

You Won’t Believe Which Stock I’m Adding to my Real-Money Portfolio - StreetAuthority

You Won't Believe Which Stock I'm Adding to my Real-Money Portfolio StreetAuthority The Downside Protection –> Trading so far below tangible book value, shares are unlikely to pull back much from current levels unless the European economic crisis spirals out of control. A move to hike the dividend or institute a stock buyback (which … and more »

Source: news.google.com

Will These Popular REITs And Real Estate Company Cut Dividends In 2012? - Seeking Alpha

Will These Popular REITs And Real Estate Company Cut Dividends In 2012? Seeking Alpha Annaly trades on the New York Stock Exchange at around $17 per share. The year low is $14.05. The year high is $18.79. The price earnings ratio is 12:36. The annual dividend yield is 13.50%. The share price doesn't have wild price swings and the … and more »

Source: news.google.com

Dollar Cost Averaging: Avoiding the Oldest Trick in the Book - Equities.com

Equities.com

Dollar Cost Averaging: Avoiding the Oldest Trick in the Book Equities.com When I give my top 10 rules of day trading “don'ts”, no overnights is Rule #1. A VERY close second is no dollar cost averaging. For those who don't know, dollar cost averaging is the process of buying additional stock after you've taken a prior loss.

Source: news.google.com

This Stock Has A 1.75% Yield, Sells For Less Than Book, and Insiders Have Been … - Forbes

This Stock Has A 1.75% Yield, Sells For Less Than Book, and Insiders Have Been … Forbes Back on November 3, Carfora invested $10220.45 into 1000 shares of PGC, for a cost per share of $10.22. In trading on Wednesday, shares were changing hands as low as $11.21 per share, which is 9.7% above Carfora's purchase price. and more »

Source: news.google.com

Editorial: Race on STOCK Act gets curiouser and curiouser - USA TODAY

USA TODAY

Editorial: Race on STOCK Act gets curiouser and curiouser USA TODAY Members of Congress (and their staff, and all federal employees, for that matter) are prohibited by law from using inside information to make stock trades. Yet no member, at least in recent memory, has been investigated for insider trading even though … and more »

Source: news.google.com

Investing 101: 5 Stocks Reaching New Highs And Undervalued By Graham - Kapitall Blog (blog)

Kapitall Blog (blog)

Investing 101: 5 Stocks Reaching New Highs And Undervalued By Graham Kapitall Blog (blog) The Graham Number = Square Root of (22.5) x (TTM Earnings per Share) x (MRQ Book Value per Share). According to Benjamin Graham, creator of the equation, any stock trading at a significant discount to this number is considered by the equation to be … 12 Low Volatility Large Caps Undervalued By The Graham NumberSeeking Alpha all 4 news articles »

Source: news.google.com

Allstate beats Street; reports stronger 4Q profits - Chicago Tribune

RTT News

Allstate beats Street; reports stronger 4Q profits Chicago Tribune Book value per share at year end 2011 was $36.92, up 4.5 percent from year-end 2010. But Allstate shares ended the year trading at about $27, down from $32 at the beginning of the year. Trading below book value could be a sign that investors consider … Allstate Profit More Than Doubles as Claims Costs FallBusinessWeek Allstate Q4 Profit Surges On Lower Catastrophe LossesNASDAQ all 39 news articles »

Source: news.google.com

Ahead of the Bell: Amazon stock sinks - CBS News

Kuwait Times

Ahead of the Bell: Amazon stock sinks CBS News (AP) NEW YORK — Shares of Amazon.com Inc. got clobbered in premarket trading after the leading online retailer reported lower revenue than Wall Street was expecting and gave a disappointing outlook for the current quarter. Though Amazon's revenue … AMZN stock plummets. Earnings disappoint.Christian Science Monitor Amazon 4Q results, outlook sends stock lowerKuwait Times Forget Amazon - buy Apple shares insteadMoneyWeek Wall Street Journal all 786 news articles »

Source: news.google.com

Hong Kong Stocks Rise as US Manufacturing Lifts Global Outlook - BusinessWeek

Boston.com

Hong Kong Stocks Rise as US Manufacturing Lifts Global Outlook BusinessWeek Shares on the gauge were trading at 1.5 times estimated book value as of yesterday, compared with 2.2 times for the S&P 500. Futures on the Hang Seng index advanced 1.9 percent to 20772 today. The HSI Volatility Index dropped 3.5 percent to 22.66, … Asian Stocks Rise for Third Day on Global Outlook; Glitch Hits Tokyo TradeBloomberg China shipping stocks up in Hong Kong on freight rate rise hopesBusinessLIVE Asian Stocks Drop as Exporters Decline Ahead of European SummitSan Francisco Chronicle all 393 news articles »

Source: news.google.com

Filing turns Facebook into an open book - Houston Chronicle

Moneycontrol.com

Filing turns Facebook into an open book Houston Chronicle Typically, the registration does not state the price per share, which will be set the night before trading begins. Facebook said it will trade under the ticker symbol FB, but it hasn't yet decided between the NASDAQ Global Select Market and the New … Status update: Facebook to go public, raise $5BBoston.com all 6,058 news articles »

Source: news.google.com

The Dow Starts February Strong - DailyFinance

The Dow Starts February Strong DailyFinance By David Williamson, The Motley Fool Posted 12:45AM 02/02/12 Investing With a record-setting January in the books, the markets registered a strong opening-day performance for the second month of the year. Whether February can keep 2012's impressive … and more »

Source: news.google.com

Nikkei rises for 3rd day despite glitch; Sharp plunges - Reuters

Nikkei rises for 3rd day despite glitch; Sharp plunges Reuters Sony, one of the shares affected by the glitch in morning trade, ended 2.6 percent lower. Its shares trading in Frankfurt sank 4.6 percent. While signs are clear that the pain for many Japanese companies will continue, brokers are remarkably no more … and more »

Source: news.google.com

Ex-Credit Suisse traders admit cooking subprime books - Reuters

Stuff.co.nz

Ex-Credit Suisse traders admit cooking subprime books Reuters By Grant McCool | NEW YORK (Reuters) - In a rare criminal prosecution to emerge from the financial crisis, two former Credit Suisse traders admitted on Wednesday to conspiring to manipulate the value of about $3 billion in subprime mortgage-backed … Traders admit cooking subprime booksTVNZ Former Credit Suisse employees accused of fraud in valuing subprime investmentsWashington Post Former traders admit cooking booksStuff.co.nz all 526 news articles »

Source: news.google.com

Editorial: Race on STOCK Act gets curiouser and curiouser - USA TODAY

USA TODAY

Editorial: Race on STOCK Act gets curiouser and curiouser USA TODAY Members of Congress (and their staff, and all federal employees, for that matter) are prohibited by law from using inside information to make stock trades. Yet no member, at least in recent memory, has been investigated for insider trading even though … and more »

Source: news.google.com

This Stock Has A 1.75% Yield, Sells For Less Than Book, and Insiders Have Been … - Forbes

This Stock Has A 1.75% Yield, Sells For Less Than Book, and Insiders Have Been … Forbes Back on November 3, Carfora invested $10220.45 into 1000 shares of PGC, for a cost per share of $10.22. In trading on Wednesday, shares were changing hands as low as $11.21 per share, which is 9.7% above Carfora's purchase price. and more »

Source: news.google.com

Investing 101: 5 Stocks Reaching New Highs And Undervalued By Graham - Kapitall Blog (blog)

Kapitall Blog (blog)

Investing 101: 5 Stocks Reaching New Highs And Undervalued By Graham Kapitall Blog (blog) The Graham Number = Square Root of (22.5) x (TTM Earnings per Share) x (MRQ Book Value per Share). According to Benjamin Graham, creator of the equation, any stock trading at a significant discount to this number is considered by the equation to be … 12 Low Volatility Large Caps Undervalued By The Graham NumberSeeking Alpha all 3 news articles »

Source: news.google.com

15 Rallying Dividend Stocks Undervalued By The Graham Number - Seeking Alpha

15 Rallying Dividend Stocks Undervalued By The Graham Number Seeking Alpha This number was created by the "godfather of value investing" Benjamin Graham, and calculates a stock's maximum fair value based off of its EPS and book value per share (BVPS). Stocks trading below their Graham Number may be undervalued. and more »

Source: news.google.com

Ex-Credit Suisse traders admit cooking subprime books - Reuters

Stuff.co.nz

Ex-Credit Suisse traders admit cooking subprime books Reuters By Grant McCool | NEW YORK (Reuters) - In a rare criminal prosecution to emerge from the financial crisis, two former Credit Suisse traders admitted on Wednesday to conspiring to manipulate the value of about $3 billion in subprime mortgage-backed … Traders admit cooking subprime booksTVNZ Former Credit Suisse employees accused of fraud in valuing subprime investmentsWashington Post Former traders admit cooking booksStuff.co.nz all 524 news articles »

Source: news.google.com

Editorial: Race on STOCK Act gets curiouser and curiouser - USA TODAY

USA TODAY

Editorial: Race on STOCK Act gets curiouser and curiouser USA TODAY Members of Congress (and their staff, and all federal employees, for that matter) are prohibited by law from using inside information to make stock trades. Yet no member, at least in recent memory, has been investigated for insider trading even though … and more »

Source: news.google.com

Japanese Futures, Australian Shares Advance as Global Manufacturing Gains - Bloomberg

Moneycontrol.com

Japanese Futures, Australian Shares Advance as Global Manufacturing Gains Bloomberg The euro strengthened to as high as 100.70 yen today in Tokyo, compared with 99.61 yen at the close of stock trading yesterday, boosting the value of some overseas income at Japanese companies. The London Metal Exchange Index of prices for six … Japanese Futures Gain on Manufacturing Growth in US, EuropeBusinessWeek Asian Stocks Drop as Exporters Decline Ahead of European SummitSan Francisco Chronicle all 207 news articles »

Source: news.google.com

Ahead of the Bell: Amazon stock sinks - CBS News

Kuwait Times

Ahead of the Bell: Amazon stock sinks CBS News (AP) NEW YORK — Shares of Amazon.com Inc. got clobbered in premarket trading after the leading online retailer reported lower revenue than Wall Street was expecting and gave a disappointing outlook for the current quarter. Though Amazon's revenue … AMZN stock plummets. Earnings disappoint.Christian Science Monitor Forget Amazon - buy Apple shares insteadMoneyWeek Amazon 4Q results, outlook sends stock lowerKuwait Times Wall Street Journal all 771 news articles »

Source: news.google.com

CIT 4Q Net Slides 59%; To Restate Some Prior Results - Wall Street Journal

CIT 4Q Net Slides 59%; To Restate Some Prior Results Wall Street Journal Analysts polled by Thomson Reuters forecast a per-share profit of 2 cents. CIT's shares were up 2.2% at $38.84 in recent trading. CIT said it was revising its financial statements for the first three quarters of 2011 and for the years of 2010 and 2009 … CIT earnings beat expectations, shares riseChicago Tribune all 52 news articles »

Source: news.google.com

W. R. Berkley Corporation Reports Fourth Quarter Results - MarketWatch (press release)

W. R. Berkley Corporation Reports Fourth Quarter Results MarketWatch (press release) Book value per share increased 14% on an annualized basis. Commenting on the Company's performance, William R. Berkley, chairman and chief executive officer, said: "We are pleased with our results for the quarter, but more importantly, with how we have … and more »

Source: news.google.com

Japan Futures, Australia Shares Fall as U.S. Confidence Unexpectedly Drops - Bloomberg

THISDAY Live

Japan Futures, Australia Shares Fall as U.S. Confidence Unexpectedly Drops Bloomberg The euro weakened to as low as 99.55 yen today in Tokyo, compared with 100.54 yen at the close of stock trading yesterday after European leaders left a Brussels summit with no accord over how to plug Greece's widening budget hole. Japanese Futures Slip After US Confidence Unexpectedly DropsBusinessWeek Asian Stocks Drop as Exporters Decline Ahead of European SummitSan Francisco Chronicle all 75 news articles »

Source: news.google.com

Amazon 4Q results disappoint, stock tumbles - Wall Street Journal

Atlanta Journal Constitution

Amazon 4Q results disappoint, stock tumbles Wall Street Journal Investors punished the online retailer's stock in after-hours trading, as the company also gave a disappointing forecast for the current period. Seattle-based Amazon.com Inc. said Tuesday that its net income was $177 million, or 38 cents per share, … Amazon 4Q results, outlook sends stock lowerAtlanta Journal Constitution all 530 news articles »

Source: news.google.com

API Technologies rises 3.2% on high volatility and expanding price range - Military & Aerospace Electronics

API Technologies rises 3.2% on high volatility and expanding price range Military & Aerospace Electronics Aggregate volume: there were 36916 shares worth US$130777 traded. The aggregate volume was 0.6 times average trading of 57685 shares. -"A stock price down to at least two-thirds of tangible book value per share"; the price is 0.51 times tangible book … Tessco Technologies recommends dividendLaser Focus world all 19 news articles »

Source: news.google.com

Amazon 4Q results disappoint, stock tumbles - Atlanta Journal Constitution

Atlanta Journal Constitution

Amazon 4Q results disappoint, stock tumbles Atlanta Journal Constitution Investors clobbered the online retailer's stock in after-hours trading, as the company also gave a disappointing forecast for the current period. This Jan. 26, 2012 photo, shows a webpage on Amazon.com featuring Kindle e-book readers on a computer …

Source: news.google.com

Editorial: Race on STOCK Act gets curiouser and curiouser - USA TODAY

USA TODAY

Editorial: Race on STOCK Act gets curiouser and curiouser USA TODAY Members of Congress (and their staff, and all federal employees, for that matter) are prohibited by law from using inside information to make stock trades. Yet no member, at least in recent memory, has been investigated for insider trading even though … and more »

Source: news.google.com

17 Insider Stock Picks Undervalued By Graham - Seeking Alpha

17 Insider Stock Picks Undervalued By Graham Seeking Alpha The Graham number was created by the "godfather of value investing" Benjamin Graham, and calculates a stock's maximum fair value based off of its EPS and book value per share (BVPS). Stocks trading below their Graham Number may be undervalued. and more »

Source: news.google.com

Barry Ritholtz: This Is Why Trading Volume Is So Low - Motley Fool

Barry Ritholtz: This Is Why Trading Volume Is So Low Motley Fool "There's no distinguishing one stock from another. Why spend a lot of money on commissions?" says Barry Ritholtz, author of the best-selling book Bailout Nation. He adds that high correlation/low volumes have recently contributed to the closing of the … and more »

Source: news.google.com

Phoenix shares tank on treble whammy - CRN - UK

CRN - UK

Phoenix shares tank on treble whammy CRN - UK In an interim management statement this morning, Phoenix said fiscal third-quarter trading had been in line with expectations, as its order book value dropped four per cent year on year to £309m. As revealed by ChannelWeb back in November, … and more »

Source: news.google.com

Leap Wireless International Inc (LEAP) Shares Cross Below Book Value - MarketNewsVideo.com

Leap Wireless International Inc (LEAP) Shares Cross Below Book Value MarketNewsVideo.com By Market News Video Staff, Monday, January 30, 2:46 PM ET In trading on Monday, shares of Leap Wireless International Inc (NASDAQ:LEAP) crossed below their last reported book value — defined as common shareholder equity per share — of $8.81, … and more »

Source: news.google.com

Murray & Roberts Plans to Sell $256 Million of Stock to Existing Investors - Bloomberg

Murray & Roberts Plans to Sell $256 Million of Stock to Existing Investors Bloomberg Murray & Roberts Holdings Ltd., South Africa's second-biggest construction company, plans to sell 2 billion rand ($256 million) of stock to existing investors to cut debt and fund its order book and expansion. The stock fell the most in 11 months. and more »

Source: news.google.com

Barry Ritholtz: This Is Why Trading Volume Is So Low - Motley Fool

Barry Ritholtz: This Is Why Trading Volume Is So Low Motley Fool "There's no distinguishing one stock from another. Why spend a lot of money on commissions?" says Barry Ritholtz, author of the best-selling book Bailout Nation. He adds that high correlation/low volumes have recently contributed to the closing of the … and more »

Source: news.google.com

API Technologies rises 3.2% on high volatility and expanding price range - Military & Aerospace Electronics

API Technologies rises 3.2% on high volatility and expanding price range Military & Aerospace Electronics Aggregate volume: there were 36916 shares worth US$130777 traded. The aggregate volume was 0.6 times average trading of 57685 shares. -"A stock price down to at least two-thirds of tangible book value per share"; the price is 0.51 times tangible book … Tessco Technologies recommends dividendLaser Focus world all 19 news articles »

Source: news.google.com

3 Highly Shorted Stocks Undervalued By Graham - Seeking Alpha

3 Highly Shorted Stocks Undervalued By Graham Seeking Alpha This number was created by the "godfather of value investing" Benjamin Graham, and calculates a stock's maximum fair value based off of its EPS and book value per share (BVPS). Stocks trading below their Graham Number may be undervalued. and more »

Source: news.google.com

CIT earnings beat expectations, shares rise - Reuters

CIT earnings beat expectations, shares rise Reuters The restatement decreased its tangible book value by 32 cents a share and was reflected in its end-of-year book value of $42.35. Shares of CIT were up 2.2 percent at $38.85 in morning trading on the New York Stock Exchange. The stock price over the … CIT 4Q Net Slides 59%; To Restate Some Prior ResultsWall Street Journal all 48 news articles »

Source: news.google.com

Talbots opens books to Sycamore after spurning buyout bid - Reuters

New York Times

Talbots opens books to Sycamore after spurning buyout bid Reuters Talbots has been looking for a new chief executive to replace Trudy Sullivan, who unsuccessfully attempted to revive the chain with new store formats, cost cuts and by chasing younger shoppers. Talbots shares were trading up marginally at $3.31 on … Talbots Opens Books for SycamoreWall Street Journal all 25 news articles »

Source: news.google.com

DHX Media resumes automatic share repurchase - TheChronicleHerald.ca

DHX Media resumes automatic share repurchase TheChronicleHerald.ca “We're still trading well below book value on shares and far below private market valuations.” The independent media company had halted its share purchase plan in order to facilitate a modified Dutch auction, a type of substantial issuer bid. and more »

Source: news.google.com

Leap Wireless International Inc (LEAP) Shares Cross Below Book Value - MarketNewsVideo.com

Leap Wireless International Inc (LEAP) Shares Cross Below Book Value MarketNewsVideo.com By Market News Video Staff, Monday, January 30, 2:46 PM ET In trading on Monday, shares of Leap Wireless International Inc (NASDAQ:LEAP) crossed below their last reported book value — defined as common shareholder equity per share — of $8.81, … and more »

Source: news.google.com

Indian shares fall 1.3 pct after six-session rally - Reuters

Indian shares fall 1.3 pct after six-session rally Reuters * Investors book profits after over 11 pct rally in Jan * BHEL drops 9 pct after missing earnings estimates * Reliance Inds, ICICI Bank among top losers NEW DELHI, Jan 30 (Reuters) - Indian shares snapped a six-session rally early on Monday as some … and more »

Source: news.google.com

Ultimate Market Recap: Goldman’s Profits Drop But Shares Are Up, Education Stocks Get Schooled
Sunoco, Inc.   shares are trading 12.72 percent  lower  today and Sunoco shareholders will receive 0.53046456 of a share of SunCoke common stock, in book-entry form, for every share of Sunoco common stock held as of the close of
Source: finance.yahoo.com

Shares of Barnes & Noble Under Pressure, Down 2.5%
The S&P is trading lower by 0.2% to 1,312 and the Dow is trading 0.3% lower to 12,679. Barnes & Noble share prices have moved between a The Company operates book superstores under the names Barnes & Noble Booksellers, Bookstop, and Bookstar.
Source: www.fnno.com

E*TRADE Financial Corporation Announces Fourth Quarter and Full Year 2011 Results
Management believes that tangible book value per share, corporate cash, EBITDA, interest coverage, Bank earnings before taxes and before credit losses and E*TRADE Financial ratios are appropriate measures for evaluating the operating and liquidity
Source: www.businesswire.com

15 Stocks Trading Near Highs Undervalued By The Graham Number
Market cap of $600.43M. The stock is currently trading at 4.63% below its 52-week high. TTM Diluted EPS at $0.91, MRQ Book Value Per Share at $16.70, Graham number at $18.49 (vs. current price at $13.30, implies a potential upside of 39.03%).
Source: seekingalpha.com

Rep. Sean Duffy Says STOCK Act ‘Doesn’t Go Far Enough’ to End Congressional … - Big Government

Rep. Sean Duffy Says STOCK Act 'Doesn't Go Far Enough' to End Congressional … Big Government Sean Duffy (R-WI), the freshman congressman said that while efforts such as the STOCK (Stop Trading On Congressional Knowledge) Act designed to stop members of Congress were commendable, ultimately, they will not work as intended. A few months ago, … and more »

Source: news.google.com

Peninsula Energy increases issued capital by 0.01% - Utility Products

Peninsula Energy increases issued capital by 0.01% Utility Products The Price to Book of 1.6 lower than average of 3.1 for the Materials sector and 2.6 for the Total Australian Market. We estimate the shares are trading at a current year Price to Book of 1.1 and a forward year Price to Book of 0.7. and more »

Source: news.google.com

Shares of DIS Up 20.1% Since Uptrend Call on Shares
Walt Disney share prices have moved between a 52-week high of $44.33 and a 52-week low of $28.19 and are now trading 40% above that low price as well as publishes books and magazines. Disney also operates ABC radio and television and theme parks.
Source: news.investors.com

Ultimate Market Recap: Goldman’s Profits Drop But Shares Are Up, Education Stocks Get Schooled
Sunoco, Inc.   shares are trading 12.72 percent  lower  today and Sunoco shareholders will receive 0.53046456 of a share of SunCoke common stock, in book-entry form, for every share of Sunoco common stock held as of the close of
Source: finance.yahoo.com

UPDATE: E*Trade Posts 4Q Loss, Boosts Provision As It Changes Regulators
Shares of E*Trade fell 3.6% to $9.02 in after-hours trading as results E*Trade has been slammed by heavy losses in its bank’s mortgage portfolio. Within the loan book, special-mention delinquencies–loans that are 30 to 89 days delinquent
Source: www.nasdaq.com