Yes, I thought that you had an opinion on what type of recovery the unsecured holders will see. At these prices you would be assuming about 15 percent, which seems optimistic to me, but I was hoping to hear an expert opinion.
Banks to form electronic exchange
Another alternative to consolidating equity markets
By David Weidner, MarketWatch
Last Update: 1:22 PM ET Aug. 24, 2005
NEW YORK (MarketWatch) - A group of financial firms led by The Boston Stock Exchange on Wednesday said they will launch an electronic...
2:43pm 08/05/05
Baidu.com IPO may break into top 10 of all time (BIDU) By Steve Gelsi
NEW YORK (MarketWatch) -- With Baidu.com's (BIDU) gain of 440% in afternoon trades, it ranks among the top 10 all-time, first-day gainers in U.S. history and the best since late 1999. It's also the...
Ring Register and Run From Baidu.com
By James Cramer
About this article:
It's absurd that Baidu.com is up $70 from its pricing. It's bad for the business, it's so 1999. . Baidu's gone from being priced at 590 times earnings to trading at 2,000 times earnings, so ring the register...
SMART 'MONEY'?
By RICHARD WILNER
June 19, 2005 -- Jim Cramer, the business media's uberchild, is knocking'em dead on his new CNBC show, "Mad Money," boosting ratings by 61 percent amid positive reviews.
Executives at the cable network are tossing confetti that on any given day, 163,000...
Does anyone have a recommendation as to what the best platform/front end for executing these option spreads across markets on my own is (where I would accept the risk that the software may not get all the legs filled).
http://www.census.gov/indicator/www/newresconst.pdf
NEW RESIDENTIAL CONSTRUCTION IN APRIL 2005
The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new
residential construction statistics for April 2005:
BUILDING PERMITS...
Hello,
Has anyone successfully submitted a combo option order involving DIA stock and option in one order? I have been trying unsuccessfully for the past week.
Honeywell Looks Too Good to Check Out
By James Cramer
About this article:
James J. Cramer can't ignore the huge buying in the May $37.50 calls that is boosting Honeywell. He imagines that if United Technologies bids for Honeywell, the buyer's actions will look suspect, but the buys are...
What about buying the May 05 30 call and 27.5 put, while writing the 27.5 call and 30 put. The net credit is 2.65, resulting in a quick .15 cent profit. Is there any risk to that? What are the odds of the call holder exercising leaving me short, and would that result in a forced buy in?
Right now, you can buy the May 05 SSF for 31.91 and short the stock for 32.36. Isn't that simpler than playing with these options? Of course, my brokers are showing it as unavailable to short.
Refco sells stake to Thomas H. Lee
Deal values futures traders at $2.25B
By Steve Gelsi, CBS.MarketWatch.com
NEW YORK (CBS.MW) -- Refco on Tuesday confirmed plans by Thomas A. Lee Partners to take a majority stake in a deal that values the privately held financial-services firm at...