MBIA Inc. (NYSE: MBI) is set to report earnings Tuesday,  before the market opens.  As the market has slid further, this troubled “guarantor” has gone with it and has again hit new 52-week lows this morning. The prior 52-week range was $2.51 to $19.08, and it hit reached $2.42 this mor...

Berkshire Hathaway Inc. (NYSE: BRK-A) has just released its 2008 annual report, along with the ever-important letter to shareholders from the Oracle of Omaha, Warren Buffett.  2008 was more than a rough year.  You have to read into Buffett’s comments to get the full effect.  We are sorry to...

Management at AIG (AIG) has calculated exactly how much money the Treasury and Fed will have access to after all of the TARP, financial stimulus, and mortgage bailout projects have been funded. The insurance company then plans to ask for whatever is left  to fund its deficits so that it can stay in...

Northern Trust Corp. (NASDAQ: NTRS) has announced today that the group plans to close the Northern Exchange Traded Shares (NETS) used to track single country investments on February 20, 2009.  These funds were launched just last year and the press release said that these had only approximately ...

Wednesday Evening News Roundup Hillary Clinton has been confirmed by the Senate as Secretary of State.  The final vote was 94-2.  Senator David Vitter, the one that’s been linked to prostitution rings in two cities, and Senator Jim DeMint (Republican from South Carolina) were the only two th...

No one seems to have liked that way SEC chief Christopher Cox handled his job during the financial crisis. Congress thought he should have done more to keep banks and investment houses from using tremendous leverage to make bets on paper like mortgage-backed securities. CEOs and banks wanted him to ...

As hard as it may be to imagine, the stock market will move back up someday. It always has. When a market recovers, there are always one or two sectors which are perceived as values. The buying begins with those and then spreads. According to The Wall Street Journal, "If the stock market makes a las...

As we’ve stated many times recently on BlackBerry Cool, today is easily RIM’s biggest day of the year. At the sound of the bell, RIM will release their Q3 2009 financial report, which will be the final word on how far RIM slipped in 2008, and what the future holds in the year to come. He...

Citigroup Inc. (NYSE: C) is getting a more "in-line" view from analyst and fan Dick Bove of Ladenburg Thalmann. Bove is capitulating at least a bit with the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]...

Bailouts, handouts, subsidies, and free money be damned.  In times when most large financial institutions are lining up for their share of TARP funds, there are many regional banks out there which have decided to refuse the government's bailout TARP funds.  These banks say the are solid, a...