Morning News: FHA Might Need a Bailout

Every morning the Street of Walls team puts out an update on market levels, today’s top stories, and active M&A deals. Today’s Top Stories:FREE HF 13F Report: Next week the StreetofWalls team will be releasing the 4Q 2011 Hedge Fund Intelligence Report, free sign-up http://bit.ly/y2CMbx FHA Bailout: The FHA could exhaust its reserves over [...]

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SEC Private Equity Review Focused on Small Firms

The Securities and Exchange Commission’s (SEC) current review of private equity firm asset valuation and fund marketing  is focusing on smaller firms to the exclusion of the large, publicly traded companies. Two of these include Blackstone Group LP and  and KKR & Co. Neither firm has received SEC requests for information. In [...]

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Uncertainty Ahead for Activision Blizzard

Video games continue to expand as a favorite past time.  The average gamer is now 37 years old, showing us that video games are growing more and more popular with adults while 42% of players are female.  Video game companies have finally achieved their goal, get more adults and [...]

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LBOs Regain Life after Junk Bond Rally

The rally in junk bonds has proven to be a life saver to big leveraged buyout groups as companies are able to get access to funding as investors look to invest in companies with high yields.  Companies such as Energy Future Holdings, Realogy and Caesars Entertainment, who are all [...]

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Vodafone in Talks with C&WW

Shares of the troubled telecom, Cable and Wireless Worldwide jumped up 30% after Vodafone announced they were in the early stages of negotiations to buy the company for 700 pounds.  Vodafone said the talks were in an early stage as they consider the risks and rewards of buying the [...]

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Japan Reports Terrible Q4 GDP Numbers

                Japan reported a 2.3% contraction in its economy during the fourth quarter.  This comes as the third contraction in the last four quarters, a worrisome sign for its economy and chances for a double dip.   Floods in Thailand hurt production and a strong yen are the main sources [...]

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Mid-Day News: Obama Unveils 2013 Budget

  Mid-Day Market ReportMarket Action  US:  Dow: 12865.86 (0.50%), S&P 500: 1350.99 (0.62%), NASDAQ: 2926.21 (0.77%) Europe: CAC: 3384.55 (0.34%), DAX: 6738.47 (0.68%), FTSE: 5905.70 (0.90%). Asia: China: 2351.85 (-0.01%), Hong Kong: 20887.40 (0.50%), India: 5390.20 (0.16%), Japan: 8999.18 (0.58%) Metals: Gold: 1725.20 (-0.01%), Silver: 33.64 (0.09%), Copper: 3.84 (-0.63%) Energy: Crude Oil: 100.14 [...]

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Volcker Files Comment Letter Against, Yes, the Volcker Rule

On Monday, former Federal Reserve Chairman Paul Volcker filed a comment letter against, ironically, the Volcker Rule. One of his argument will include that with a ban of proprietary trading by banks, it will make for a healthier and safer U.S. financial system. The letter arrived just in time for [...]

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Man Group: Backing the wrong horse

Man Group: Backing the wrong horse Man Multi-Manager was launched in 2009 by combining three multi strategies operations of Man group, but since the launch Man Multi-Manager has witnessed continuous decline in funds under management (FUM). It seems that the new brand has failed to give any added benefit to [...]

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Morning News: US Debt Woes Greater Than Europe

Every morning the Street of Walls team puts out an update on market levels, today’s top stories, and active M&A deals. Today’s Top Stories:Greece Update: as expected, the Greek parliament Sun night approved an austerity package Portugal Bailout: Troika Officials from the IMF and European Union Start Their Third Review of Portugal’s Bailout [...]

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Australia’s Housing Bubble Now Popping?

After more than a decade of non-stop growth, Australian banks are bracing themselves for a slowdown in credit growth. In an effort to cut costs and protect profit, most of the big banks have started to announce job cuts for 2012. The latest to do so was Australia and [...]

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Bernanke Says Housing Market is Dragging Down Recovery

Federal Reserve Chairman Ben Bernanke ended the workweek with a housing speech that called for U.S. housing policies. Coupled with additional help from the central bank, he believes this could help get the challenged sector get back on its feet. Speaking at the National Association of Home Builders conference in Orlando, Fla., [...]

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Fed Has Its Pet Banks – Not Done Yet!

  Holding themselves to a high model of transparency, the Federal Reserve may have slipped in this short new year. Its Federal Bank of New York has been accused of showing favoritism to certain banks and shutting others out in recent auctions. According to Bloomberg, the Federal Reserve Bank of New [...]

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STOCK Act Passes in House of Representatives

The House of Representatives passed the Stock Act 417-2 on Thursday after a six year battle to try to pass a bill such as this.  The Stock Act essentially makes it illegal for members of Congress to use insider trading to trade stocks.  This Republican version of the bill [...]

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Morning News (S&P: Student Loans a "Bubble")

Every morning the Street of Walls team puts out an update on market levels, today’s top stories, and active M&A deals. Today’s Top Stories:KKR Private Equity Results: Kohlberg Kravis Roberts (KKR) released their 4Q 2011 earnings results this morning.  KKR reported $0.33 vs. consensus expectations of $0.72 http://bit.ly/Ar4KmN Gross Getting into Treasuries: Bill gross [...]

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Is Gold Really a Good Investment Over the Long Term?

Over the last twelve years, the price people are willing to pay for gold has increased significantly.   The following historical gold value chart from KITCO.com clearly shows how the price of gold has increased from January 2000 to January 2012.      According to the data presented in the chart, the [...]

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S&P Downgrades CME Group's Rating

While MF Global announced its bankruptcy in October, its tentacles continue to be far-reaching, especially toward its regulator, CME Group. On Wednesday, they struck again as the exchange saw its credit rating cut by S&P. The ratings agency cut the futures exchange rating  to a "AA-" from "AA." In addition, [...]

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BoE Injects Money to Stabilize Recovery

The Bank of England announced that they will be putting another 50 billion pounds ($79.3 billion) into their economy to avoid a double dip recession due to its unstable recovery.  The BoE also said that they will continue to hold their record low 0.5% interest rate to help support [...]

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Och-Ziff Capital Management is in Deep Trouble

Och-Ziff Capital Management Group LLC  a hedge fund run by Daniel Och, reported a 94% drop in profit in the fourth quarter due to bad performance.  Most of Och-Ziff Capital’s hedge funds lost money in 2011 and had to lose out on performance fees.  Management signals that three of [...]

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Greece Reaches Agreement on Bailout Deal

With the clock ticking loudly for Greece and its creditors, a deal was reached by the parties on Thursday morning. This came right before the EU finance ministers meeting in Brussels where Greece Finance Evangelos Veniezelos planned to attend and update his counterparts with the news. From the deal, Greece [...]

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HSBC Insurance Unit Up For Bid [Morning Update]

Every morning the Street of Walls team puts out an update on market levels, today’s top stories, and active M&A deals. Today’s Top Stories:Buffett’s Gold View: “this type of investment requires an expanding pool of buyers who are enticed because they believe the buying pool will expand still further” Greece Update: A meeting between Greece’s [...]

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