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Bank Results Season: Morgan Stanley bidding adieu to Investment Banking with a loss of $0.55 per share?

Posted on October 18, 2012 by zyakaira

Unfortunately we will bid adieu (only to Morgan Stanley) here at advantages.us as of Q3 2012. A little unfortunate also because right now we do not really have a list of reasons why we would not like to follow thenm…

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Posted in Amitonomics, Banking, US

US Economy: Housing Recovery 2012: Housing starts data encouraging, Regional Banks results show the promise

Posted on October 17, 2012 by zyakaira

WE have already pointed out in our earlier regular survey/trawling of US Economic statistics daily reports thru July August that the Housing recovery numbers have always seemed impressive on Y/Y changes from 2011 but the increases are insignificant compared to…

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Posted in Amitonomics, Banking, housing, Retail Lifestyle, US

Bank Results Season: Bank of America ties up for another nought (EPS =NULL, “0.00″, ‘Zukk’)

Posted on October 17, 2012 by zyakaira

BofA printed another scratchy topline down to the wire repeating Q2 2010 all over again when Non Interest expenses of $17.5 B and a Tax expense of $1B almost completely covered its Topline of $20.6 B after a small $1.8…

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Posted in Amitonomics, Financial Markets, housing, Retail Lifestyle, US

New CEO to string up the riffs for Citigroup’s survival? | Banking Insight

Posted on October 16, 2012 by zyakaira

Citigroup’s widely vaunted 15 cents a share( Bank Results Season: Citi finally stripped of dignity) celebration on the street yesterday climaxed into a funny jibe at Pandit’s tenure and Citi starts the day deep in the red as leadership changes hands…

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Posted in Amitonomics, Banking, Retail Lifestyle, US

Bank Results Season: Goldman Sachs earnings jumps to $1.51 B, a RoE jump of 60%

Posted on October 16, 2012 by zyakaira

The firm reported a revenue of $8.35B and earnings jump of 60% sequentially to $2.85 per share (diluted) from just $1.78 per share in the June quarter. Earnings estimates for the firm had been billed at below $2 per share…

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Posted in Amitonomics, Banking, Private Equity, Retail Lifestyle, US

Bank Results Season: Citi finally Stripped of Dignity, cries for shame

Posted on October 15, 2012 by zyakaira

Vikram Pandit’s Citi turned out to be a bad dream for everyone despite the early lead throughout the crisis and an early and clean attrition of its own bad debt . th elatest quarter strips its EPS of $1.06 or…

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Posted in Amitonomics, Banking, Financial Markets, US

Realogy, Workday, Sprint and a truncated Equities revival | US Equities- Deal Insight

Posted on October 15, 2012 by zyakaira

You may attribute it to Apple’s rerating in 2011 or its introduction of the mini iPad which brings it down in the iPad Wars at almost a level playing field against Amazon and Android fed lost looking Samsung Galaxy still…

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Posted in Amitonomics, Financial Services, Investments, Private Equity, US

Bank Results Season: JP Morgan strives for a $100 B 2012 after CIO position ‘annulled’

Posted on October 12, 2012 by zyakaira

Big banks are going to reporting 37% higher business from Mortgages this quarter sequentially and that includes J P Morgan as a proud #2 in the business, behind Wells Fargo. The Earnings season is off with a great report as…

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Posted in Amitonomics, Banking, Financial Markets, US

US Economy: Is the comeback here?

Posted on October 4, 2012 by zyakaira

Even before September’s announcements of a bottomless glass of Securrities buying for the US Housing market recovery worth $40B a month, Home prices have been trending up and the ADP PAyrolls for September at 162000 Private non farm additions confirmed…

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Posted in Amitonomics, housing, Retail Lifestyle, US