Archive for February, 2009

CHICAGO—-Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.
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The Treasury’s stake in the bank is expected to rise to 40%. The agreement may be announced Friday.
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The German company narrowed its fourth-quarter loss, but domestic revenue continued to decline as consumers turned away from its landline connections.
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The bank forecast a loss in 2009 after reporting that 2008 profits fell 75% in its Lloyds TSB unit, while the recently acquired Halifax/Bank of Scotland lost 7.5 billion pounds.
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Fannie Mae needs $15.2 billion in government aid, but that figure is expected to grow because of continued losses from the foreclosure crisis.
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The investor in gold royalties is benefiting from the bull market for the precious metal.
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The chemical company faces daunting legal and business challenges but is raising bullish speculation among options traders.
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The executive headed rival Credit Suisse from 2003 to spring 2007.
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German insurer Allianz reported a fourth-quarter loss of 3.1 billion euros and full-year results that were weighed down heavily by Dresdner, its recently sold banking unit.
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CHICAGO—-Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.
More: continued here