Intel Corp. (NASDAQ:INTC) shares are trading under $1 away from its 52-week high, now in the high $19 range, and with Q3 2009 earnings to be reported next Tuesday (Oct 13rd) to you buy before the call? Better ask Morgan Stanley (NYSE:MS).
JPMorgan Chase & Co. (NYSE:JPM) Since the downfall of Lehman Brothers, many of the biggest Wall Street banks have moved in lock step with one another, as if to assume there is safety in numbers. Everyone took the bailout money at the same time (not that they had much choice), and now
The Treasury confirmed this morning that they will begin to disperse billion to US banks this week. Big banks like Citi (C), JP Morgan (JPM), Well Fargo (WFC), and Bank of America (BAC), former brokers like Morgan Stanley (MS) and reional baks like PNC (PNC) financial are all lined up to recieve their allowance.
I can't get behind a plan that forced private companies to make the gov't a partner when they actually do not need it....Remember, this is just weeks after had said that injecting capital directly into banks would appear to be a sign of "failure."