Archive for 'Investing'
Visa Prices IPO
19 March 2008V - Visa, Inc. has priced at $44.00 and currently shows on my screen at $61.21 with zero (0) volume.
UPDATE: Board now shows numbers across the board with volume of 2,000 shares. Looks like the open will be $61.20.
UPDATE II: Visa is definitely now open with volume of over 43,000,000 shares and price of $59.48 […]
The FED Announcement
18 March 2008Today the FOMC lowers Fed Funds rate by 75 bps to 2.25% and cuts the discount rate another 75 bps to 2.50% following the emergency 25 bps cut over the weekend.
Visa to IPO Tomorrow
17 March 2008Jim Cramer said tonight to buy the Visa ipo, explaining that Visa has almost no credit risk because the firm profits from financial transactions, not from loans. So, are you going to lay down some coin for V-Visa, Inc. on Tuesday, March 18, 2008?
JPMorgan Chase To Acquire Bear Stearns for $2 a Share
16 March 2008BSC - Bear Stearns, facing collapse because of the mortgage crisis, agreed Sunday evening (03/16/08) to be bought by JPMorgan Chase for a bargain-basement price of less than $250 million.
The all-stock deal values Bear Stearns at about $2 a share, based on JPM - JPMorgan’s closing stock price on Friday 03/14/08. In contrast, shares of […]
The Federal Reserve Cuts Its Lending Rate a Quarter Point
16 March 2008Today (Sunday, 03/16/08) the Federal Reserve announced it was cutting its lending rate to financial institutions to 3.25 percent from 3.50 percent to help provide relief to a spreading credit crisis.
Visa IPO Date
15 March 2008The V - Visa, Inc. IPO date is slated for 03/20/08 - 03/21/08 vicinity. That is next Thursday, March 20 or Friday, March 21, 2008. Remember, these are tentative dates and you just have to keep checking until you get the hard date. Now, anyone can get a piece of the Visa IPO pie as […]
VISA Set to IPO Sometime Next Week
13 March 2008V - Visa, Inc. is still set to IPO sometime next week (406 million shares at $37-42 a share). Have you been selling into this relief rally to raise some funds for a bit of Visa stock? If the Visa IPO goes as well as the Mastercard IPO went, it will definitely be worth it. […]
Cramers Picks Today (03/13/08)
13 March 2008The stock I like the best from Jim Cramer’s stock picks today is RIO - Companhia Vale do Rio Doce. Why? Because it’s “Brazilian” and it’s chart. All it needs to do is break above the downtrend line on some higher volume.
The thing I like least about RIO? It’s “Brazilian”! I am a “Buy American” […]
Microsoftie…
13 March 2008I was just watching a ditty on King 5 (that’s a Seattle area NBC station) which was showing Evening Magazine, a local program featuring local stories. One of today’s stories was a look back on MSFT - Microsoft, Inc. which of course is headquartered in Redmond, WA. So, at one point they quote that 100 […]
Stocks Surge After Fed Lends $200 Billion to Banks
11 March 2008Wall Street enjoyed its best trading day in more than five years today with a 416.66 point gain (+3.55%) in the Dow Jones industrial average after the Federal Reserve injected a burst of financial adrenaline ($200 Billion) into the ailing banking system.
