Investment Blog May Archive

Investor Profile Interview

By Interviewer at 05/25/09 15:21

Name of your website?

Investor Profile

Your name?

Jaskarn Pawar

Your Location (city, etc)

Northampton

Please give us a short summary of your website?

Investor Profile clients can invest online and use our market leading administration platform to consolidate all of their investments in to one place.

Read more: Investor Profile Interview [click]

Bank of America sells 825 million shares at $10 each

The Bank of America offered 825 million company stocks priced at $10 each and has now earned $13.5 billion in this secondary offering.

Read more: Bank of America sells 825 million shares at $10 each [click]

Home Depot raises quarterly earnings but maintains negative outlook

A little change in Home Depot's structure paved the way for the company's 44% increase in earnings for the first quarter. However, sales continue to slump as consumers try to avoid spending on home improvement items.

Read more: Home Depot raises quarterly earnings but maintains negative outlook [click]

Stocks tumble after 9 weeks of gain

Stocks ended the week on a sad note, when the Dow Jones industrial average fell down by 0.8% or 63 points. Worse-than-expected retailer reports and news that General Motors will end dealership contracts are said to be the reasons behind this falldown.

Read more: Stocks tumble after 9 weeks of gain [click]

Obama administration pushes for stricter derivatives regulation

The Obama administration is now moving to exert more control over loosely regulated financial derivatives, which have been closely liked to the global financial crisis.

Read more: Obama administration pushes for stricter derivatives regulation [click]

Stocks drop from four-month high

US stocks dropped from a four-month high after the S&P 500 Index reported the most expensive trading level in the last seven months and a number of banks also announced that they will be selling more stocks.

Read more: Stocks drop from four-month high [click]

Warren Buffett expresses confidence in Wells Fargo

Investment legend Warren Buffett expressed his confidence in the capacity of Wells Fargo & Co., the largest equity holdings of his Berkshire Hathaway Inc., to sail the storms and survive the financial crisis.

Buffett said that the bank, which happens to be the United States' fourth largest, is in a good position to expand operations, add deposits, and absorbed troubled institutions such as Wachovia Corp.

Link: Buffett says Wells Fargo to ride out credit crisis | Markets | US Markets | Reuters