Hot Links for Weekend Reading Warren Buffett has had a tough year so far and an especially tough week. The Bespoke Investment Group shows us the ugly year-to-date evidence. Berkshire Hathaway common stock was demolished during a week that saw many of Buffett’s largest stock holdings plummet, for example Wells Fargo and US Bancorp. On…
Wells Fargo
New Dow Jones Industrial Average Candidates?
As of this writing, there are 4 stocks in the Dow Jones Industrial Average that are trading under $10 per share (and several others that are close): Citigroup (C) Bank of America (BAC) General Motors (GM) Alcoa (AA) According to Jim Bianco of Bianco Research: “Dow Jones, the keeper of the DJIA, has an unwritten…
Good Bank, Bad Bank by Dr. Seuss
Good Bank Bad Bank Wood Bank Fad Bank Red Bank Blue Bank Old Bank New Bank
Slightly Used Ticker Symbols For Sale: MER and WB
On a quiet post-New Year’s Friday, two of the most widely followed stocks disappeared from Quotrons and trading screens around the world: MER and WB.
As Merrill Lynch and Wachovia begin their new lives as foster children of Bank of America and Wells Fargo respectively, the question remains, what will happen to their orphaned call letters? Do they end up on the Island of Misfit Ticker Symbols?
