Sirius XM Shares Up 7% After-Hours, Hello 70 Cents

Sirius XM (SIRI)

Sirius XM Radio Inc. (NASDAQ:SIRI) shares are finally back above 70 Cents, a feat not performed since late last summer.  The bullish case for SIRI may have just begun.

Dow Jones Falls Triple Digits: JPMorgan and Brasil Telecom Lose Big (JPM, BTM)

Dow Jones Triple Digit Swings

Today was all about JPMorgan Chase (NYSE:JPM) disappointing the Street as the Dow Jones Ind. fell 100 points, one of today's biggest losers was Brasil Telecom SA (ADR) (NYSE:BTM), its shares fell 10.9% to end the day at $25.42.

Move over Citigroup, here Comes the GE Volume (C, GE)

GE

Going into the 3 PM hour General Electric (NYSE:GE) has already traded 152 million shares giving the usual volume leader Citigroup (NYSE:C) a run for its money.

The FIDC Provides Reprieve to Big Banks (NYSE: C),(NYSE:BAC),(NYSE: JPM)

Citigroup Inc. (NYSE:C)

It seems big banks in the likes of Citigroup Inc. (NYSE:C), Bank of America Corporation (NYSE:BAC) and JPMorgan Chase & Co. (NYSE:JPM) have received a reprieve from none other than the almighty Federal Deposit Insurance Corp. 

JPMorgan says Emerging Markets will Rise 30% in 2010 (NYSE:JPM)

JPMorgan_2.jpg

JPMorgan Chase & Co. (NYSE:JPM) projects a 30% growth in emerging markets for 2010, versus a 15% return for developed market equities.

Big Banks Poised for Big Gains (NYSE: JPM),(NYSE: WFC),(NYSE:BAC)

Bank of America Bullish Case (NYSE:BAC)

If you are sitting on the sidelines, paralyzed with fear about investing in some big banks, then think about this…  JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Company (NYSE:WFC), and Bank of America Corporation (NYSE:BAC) are the leading commercial banks in America. 

Etrade – The Takeover Candidates (NASDAQ: ETFC), (NASDAQ: AMTD), (NYSE: WFC), (NYSE: JPM)

E*TRADE (NASDAQ:ETFC)

The other day, we posted an article about E TRADE Financial Corporation (NASDAQ:ETFC) being a takeover candidate for TD Ameritrade Holding Corp. (NASDAQ:AMTD).  Jason Schwarz makes a good point that a larger bank like Wells Fargo & Company (NYSE:WFC) or JPMorgan Chase & Co. (NYSE:JPM) might be better suited for assimilating Etrade. 

JPMorgan Chase (NYSE: JPM) is Making Good on Promise

JPMorgan-2-bldg-logo.jpg

Chief Jamie Dimon's plans to staff up for JPMorgan Chase & Co. (NYSE:JPM) are being implemented as the company announces it will hire 1,200 mortgage loan officers by the end of next year.  That is a 60% increase in the sales force. 

The Dow Jones Finishes at 10,015 (BAC, JPM, INTC)

Bullish (Bull Market Blue Pic)

U.S. stocks rallied, sending the Dow Jones Industrial Average above 10,000 for the first time in a year to finish the day at 10,015 thanks to better-than-estimated earnings at JP Morgan Chase & Co. (NYSE:JPM) and Intel Corp. (NASDAQ:INTC), but can Bank of America (NYSE:BAC) keep the rally going?

Get Ready to Pay the FDIC: Wells, BofA, JP Morgan and Citigroup

F.D.I.C. (Federal Deposit Insurance Corporation)

The FDIC may cash in on one of the biggest acts of 'Bank Fee Karma' ever, under the current assessment and each bank’s deposits, Wells Fargo & Co.'s (NYSE:WFC) fee may be $3.2, JPMorgan Chase & Co. (NYSE:JPM) may pay $2.4 billion, Citigroup Inc. (NYSE:C) $1.2 billion and Bank of America (NYSE:BAC) may owe $3.5 billion under the FDIC proposal for banks to prepay three years of premiums.

Syndicate content

WallStNation.comThanks for visiting WallStNation.com, to assist your investing research try using our Search (click to access) or review the list of Tickers (click to access) that link directly to articles related to the given stock/security.

To Browse our Most Recent Stories (click here)


Share WallStNation.com Content

Share this article with others, WallStNation.com is the Independent Wall Street Newspaper. Thanks for Reading!

Daily Market Summary




Please Review the WallStNation.com Disclaimer and remember that information provided by our site is at the investor's sole financial risk. Please Review for more Details